Debt-to-Equity Ratio
Updated 78h ago
Sector Performance
95th percentileGS
3.52x
Sector Median
0.73x
Sector Avg
0.08x
Deep Analysis
The debt-to-equity ratio measures how much debt a company uses compared to shareholders’ equity; GS’s current 3.52x means it has $3.52 in debt for every $1.00 of equity.
This is far above the sector median of 0.73x, placing GS in the 95th percentile among its peers, indicating leverage well above typical levels. Year-over-year change is not available, but the quarter-over-quarter change of -42.3% shows a sharp decline from the prior value of 6.10x. The combination of a still-high level and a rapid downward trend implies that while the company carries elevated risk from leverage, it is actively reducing that debt burden. This mixed picture supports the overall NEUTRAL verdict: the high relative debt is a concern, but the substantial deleveraging in the latest quarter moderates the risk.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about GS?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are GS's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: ETSY (-2.62x), MCK (-3.00x), TDG (-3.40x), VRSK (-3.81x), MAR (-4.04x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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3.52x
Sector Median
0.73x
Sector Avg
0.08x
How GS's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.