Head-to-head · free
Goldman Sachs vs JPMorgan Chase & Co.
GS vs JPM — return on capital, cash generation, margins and balance sheet side by side.
GS
4 / 7
measures where GS leads
JPM
3 / 7
measures where JPM leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | GS · FY2025 | JPM · FY2025 |
|---|---|---|
| Revenue | $125.1B | $182.4B |
| Net income | $17.2B | $57.0B |
| Revenue growth (yearly, multi-year) | 17.8% | 9.4% |
| Free cash flow | (47.2B) | (147.8B) |
| Free cash flow margin | -37.7% | -81.0% |
| Net cash / (debt) | (445.3B) | (599.0B) |
| ROIC | — | — |
| Return on equity | 14.9% | 16.8% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net debt / EBITDA | — | — |
Figures are as reported by each company; latest fiscal year shown.
Where Goldman Sachs's cash went (FY2025)
- Capital spending
- $2.1B
- Buybacks
- $12.4B
- Dividends
- $5.3B
- Acquisitions
- $1.5B
- Net debt issued / (repaid)
- $19.0B
Where JPMorgan Chase & Co.'s cash went (FY2025)
- Capital spending
- $0
- Buybacks
- $34.6B
- Dividends
- $16.6B
- Acquisitions
- $0
- Net debt issued / (repaid)
- $167.0B
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free