Debt-to-equity of GOLDMAN SACHS GROUP INC from 31 Dec 2010 to 31 Dec 2025

Taxonomy & unit
ratio: x
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's debt by its shareholder equity.
Summary
GOLDMAN SACHS GROUP INC quarterly Debt-to-equity in x history and change rate from 31 Dec 2010 to 31 Dec 2025.
  • GOLDMAN SACHS GROUP INC Debt-to-equity for the quarter ending 31 Dec 2025 was 13.4x, a 2.8% increase year-over-year.
Debt-to-equity, Quarterly (x)
Debt-to-equity, YoY Quarterly Change (%)

GOLDMAN SACHS GROUP INC Quarterly Debt-to-equity (x)

Period Value YoY Chg Change % Date
Q4 2025 13.4x +0.36x +2.8% 31 Dec 2025
Q3 2025 13.22x +0.1x +0.77% 30 Sep 2025
Q2 2025 13.15x +0.23x +1.8% 30 Jun 2025
Q1 2025 13.01x +0.18x +1.4% 31 Mar 2025
Q4 2024 13.04x +0.52x +4.2% 31 Dec 2024
Q3 2024 13.12x +1.03x +8.6% 30 Sep 2024
Q2 2024 12.91x +0.93x +7.8% 30 Jun 2024
Q1 2024 12.83x +0.82x +6.8% 31 Mar 2024
Q4 2023 12.52x +0.34x +2.8% 31 Dec 2023
Q3 2023 12.08x -0.35x -2.8% 30 Sep 2023
Q2 2023 11.98x -0.59x -4.7% 30 Jun 2023
Q1 2023 12.01x -0.57x -4.6% 31 Mar 2023
Q4 2022 12.18x -0.28x -2.3% 31 Dec 2022
Q3 2022 12.43x +0.25x +2.1% 30 Sep 2022
Q2 2022 12.57x +0.73x +6.2% 30 Jun 2022
Q1 2022 12.58x +0.99x +8.5% 31 Mar 2022
Q4 2021 12.46x +1.26x +11% 31 Dec 2021
Q3 2021 12.18x +1.26x +11% 30 Sep 2021
Q2 2021 11.84x +1.24x +12% 30 Jun 2021
Q1 2021 11.59x +1.55x +15% 31 Mar 2021
Q4 2020 11.2x +1.55x +16% 31 Dec 2020
Q3 2020 10.92x +1.44x +15% 30 Sep 2020
Q2 2020 10.6x +1.11x +12% 30 Jun 2020
Q1 2020 10.04x +0.35x +3.6% 31 Mar 2020
Q4 2019 9.65x -0.39x -3.9% 31 Dec 2019
Q3 2019 9.48x -0.77x -7.5% 30 Sep 2019
Q2 2019 9.5x -0.69x -6.8% 30 Jun 2019
Q1 2019 9.69x -0.31x -3.1% 31 Mar 2019
Q4 2018 10.04x +0.38x +3.9% 31 Dec 2018
Q3 2018 10.25x +0.9x +9.6% 30 Sep 2018
Q2 2018 10.19x +1x +11% 30 Jun 2018
Q1 2018 10x +0.84x +9.1% 31 Mar 2018
Q4 2017 9.66x +0.54x +5.9% 31 Dec 2017
Q3 2017 9.36x +0.23x +2.5% 30 Sep 2017
Q2 2017 9.19x +0.07x +0.81% 30 Jun 2017
Q1 2017 9.16x +0.19x +2.1% 31 Mar 2017
Q4 2016 9.12x +0.13x +1.5% 31 Dec 2016
Q3 2016 9.13x +0.04x +0.48% 30 Sep 2016
Q2 2016 9.11x -0.1x -1.1% 30 Jun 2016
Q1 2016 8.97x -0.42x -4.5% 31 Mar 2016
Q4 2015 8.99x -0.76x -7.8% 31 Dec 2015
Q3 2015 9.08x -0.98x -9.7% 30 Sep 2015
Q2 2015 9.21x -1.18x -11% 30 Jun 2015
Q1 2015 9.4x -1.38x -13% 31 Mar 2015
Q4 2014 9.74x -1.24x -11% 31 Dec 2014
Q3 2014 10.06x -1.12x -10% 30 Sep 2014
Q2 2014 10.4x -1.03x -9% 30 Jun 2014
Q1 2014 10.78x -0.9x -7.7% 31 Mar 2014
Q4 2013 10.99x -0.9x -7.6% 31 Dec 2013
Q3 2013 11.18x -0.89x -7.4% 30 Sep 2013
Q2 2013 11.42x -0.81x -6.6% 30 Jun 2013
Q1 2013 11.67x -0.54x -4.4% 31 Mar 2013
Q4 2012 11.89x -0.23x -1.9% 31 Dec 2012
Q3 2012 12.07x +0.31x +2.6% 30 Sep 2012
Q2 2012 12.24x +0.85x +7.4% 30 Jun 2012
Q1 2012 12.22x +1.07x +9.6% 31 Mar 2012
Q4 2011 12.12x +1.16x +11% 31 Dec 2011
Q3 2011 11.76x 30 Sep 2011
Q2 2011 11.39x 30 Jun 2011
Q1 2011 11.15x 31 Mar 2011
Q4 2010 10.95x 31 Dec 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.