We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
If You Invested $1000 in Goldman Sachs a Decade Ago, This is How Much It'd Be Worth Now
Read MoreHide Full Article
For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Goldman Sachs (GS - Free Report) ten years ago? It may not have been easy to hold on to GS for all that time, but if you did, how much would your investment be worth today?
Goldman Sachs' Business In-Depth
With that in mind, let's take a look at Goldman Sachs' main business drivers.
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global financial holding company providing IB, securities, investment management, and consumer banking services to a diversified client base. The company is headquartered in New York, with offices in major financial centers globally.
Goldman provides its services through the following broad segments:
The Global Banking and Markets segment (constitutes 66.6% of net revenues as of Sept. 30, 2025) generates revenues from IB fees, including advisory, and equity and debt underwriting fees, Fixed Income, Currency and Commodities (FICC) intermediation and financing activities and Equities intermediation and financing activities. The segment also includes relationship lending and acquisition financing (and related hedges) and investing activities related to its Global Banking & Markets activities.
The Asset and Wealth Management segment (28.9%) generates revenues from management and other fees, incentive fees, equity investments and debt investments, as well as private banking and lending.
The Platform Solutions segment (4.4%) generates revenues from consumer platforms, and transaction banking and other platform businesses.
In 2023, Goldman completed the divestiture of its Personal Financial Management unit to Creative Planning, resulting in a gain of $349 million.
In 2022, the company acquired robo-advisor, NextCapital and Dutch asset manager, NN Investment Partners from NN Group N.V. The company also closed the acquisition of GreenSky in an all-stock transaction. In 2020 and 2019, Goldman completed its purchase of Folio Financial and United Capital, respectively.
Bottom Line
Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Goldman Sachs a decade ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in December 2015 would be worth $4,517.12, or a gain of 351.71%, as of December 4, 2025, and this return excludes dividends but includes price increases.
In comparison, the S&P 500's gained 234.19% and the price of gold went up 271.93% over the same time frame.
Analysts are anticipating more upside for GS.
Shares of Goldman have outperformed the industry in the past year. Its third-quarter results benefited from solid revenue growth in the Global Banking & Markets, and Asset & Wealth Management divisions. It has beaten earnings estimates in the trailing four quarters. The company's refocus on the core strengths of investment banking (IB) and trading businesses through restructuring, along with acquisitions and expansion in private equity credit and the global alternatives market, is expected to boost global presence and diversify revenues. Also, its decent cash levels and solid credit profile will support its capital distribution plan. Yet, given the current geopolitical concerns, Goldman's high dependence on overseas revenues is worrisome. The company's rising expenses due to ongoing investments in technology are concerning.
The stock has jumped 5.48% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 6 higher, for fiscal 2025; the consensus estimate has moved up as well.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
If You Invested $1000 in Goldman Sachs a Decade Ago, This is How Much It'd Be Worth Now
For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Goldman Sachs (GS - Free Report) ten years ago? It may not have been easy to hold on to GS for all that time, but if you did, how much would your investment be worth today?
Goldman Sachs' Business In-Depth
With that in mind, let's take a look at Goldman Sachs' main business drivers.
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global financial holding company providing IB, securities, investment management, and consumer banking services to a diversified client base. The company is headquartered in New York, with offices in major financial centers globally.
Goldman provides its services through the following broad segments:
The Global Banking and Markets segment (constitutes 66.6% of net revenues as of Sept. 30, 2025) generates revenues from IB fees, including advisory, and equity and debt underwriting fees, Fixed Income, Currency and Commodities (FICC) intermediation and financing activities and Equities intermediation and financing activities. The segment also includes relationship lending and acquisition financing (and related hedges) and investing activities related to its Global Banking & Markets activities.
The Asset and Wealth Management segment (28.9%) generates revenues from management and other fees, incentive fees, equity investments and debt investments, as well as private banking and lending.
The Platform Solutions segment (4.4%) generates revenues from consumer platforms, and transaction banking and other platform businesses.
In 2023, Goldman completed the divestiture of its Personal Financial Management unit to Creative Planning, resulting in a gain of $349 million.
In 2022, the company acquired robo-advisor, NextCapital and Dutch asset manager, NN Investment Partners from NN Group N.V. The company also closed the acquisition of GreenSky in an all-stock transaction. In 2020 and 2019, Goldman completed its purchase of Folio Financial and United Capital, respectively.
Bottom Line
Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Goldman Sachs a decade ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in December 2015 would be worth $4,517.12, or a gain of 351.71%, as of December 4, 2025, and this return excludes dividends but includes price increases.
In comparison, the S&P 500's gained 234.19% and the price of gold went up 271.93% over the same time frame.
Analysts are anticipating more upside for GS.
Shares of Goldman have outperformed the industry in the past year. Its third-quarter results benefited from solid revenue growth in the Global Banking & Markets, and Asset & Wealth Management divisions. It has beaten earnings estimates in the trailing four quarters. The company's refocus on the core strengths of investment banking (IB) and trading businesses through restructuring, along with acquisitions and expansion in private equity credit and the global alternatives market, is expected to boost global presence and diversify revenues. Also, its decent cash levels and solid credit profile will support its capital distribution plan. Yet, given the current geopolitical concerns, Goldman's high dependence on overseas revenues is worrisome. The company's rising expenses due to ongoing investments in technology are concerning.
The stock has jumped 5.48% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 6 higher, for fiscal 2025; the consensus estimate has moved up as well.