The Goldman Sachs Group Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	1,325,759	1,435,238	945,182	662,841	611,064	678,035
Market Cap Growth	24.41%	51.85%	42.60%	8.47%	-9.88%	40.63%
Enterprise Value	-	3,870,146	3,315,139	2,525,342	1,680,503	1,927,433
PE Ratio	14.82	17.13	14.12	16.87	11.42	6.43
Forward PE	13.97	16.25	13.95	12.09	9.82	9.11
PEG Ratio	-	1.11	0.70	1.57	-	0.95
PS Ratio	4.05	4.63	3.32	2.70	2.43	2.15
PB Ratio	1.92	2.16	1.46	1.07	0.98	1.16
P/TBV Ratio	0.37	2.23	1.57	1.14	1.05	1.24
P/FCF Ratio	-	-5.72	-11.62	-8.37	23.19	78.24
P/OCF Ratio	-	-5.98	-13.46	-9.91	13.21	20.26
EV/Sales Ratio	-	12.50	11.66	10.28	6.68	6.11
EV/EBITDA Ratio	-	30.31	30.01	30.48	19.84	12.48
EV/EBIT Ratio	-	33.33	33.91	44.26	23.45	13.41
EV/FCF Ratio	-	-15.43	-40.77	-31.89	63.77	222.41
Debt / Equity Ratio	4.86	4.86	5.04	4.97	3.69	4.42
Debt / EBITDA Ratio	25.27	25.27	29.58	37.25	27.13	16.71
Debt / FCF Ratio	-12.86	-12.86	-40.18	-38.98	87.18	297.65
Net Debt / Equity Ratio	3.55	3.55	3.55	2.90	1.63	2.04
Net Debt / EBITDA Ratio	18.44	18.44	20.82	21.76	11.96	7.72
Net Debt / FCF Ratio	-9.38	-9.38	-28.28	-22.77	38.42	137.61
Asset Turnover	0.03	0.03	0.03	0.03	0.03	0.05
Quick Ratio	0.12	0.12	0.14	0.19	0.23	0.24
Current Ratio	0.98	0.98	0.98	1.01	1.03	1.10
Return on Equity (ROE)	13.91%	13.91%	11.95%	7.28%	9.92%	21.02%
Return on Assets (ROA)	0.99%	0.99%	0.86%	0.55%	0.78%	1.65%
Return on Invested Capital (ROIC)	1.28%	1.28%	1.17%	0.81%	1.19%	2.45%
Return on Capital Employed (ROCE)	5.29%	5.29%	4.77%	2.80%	3.48%	7.51%
Earnings Yield	6.75%	5.84%	7.08%	5.93%	8.75%	15.54%
FCF Yield	-19.62%	-17.48%	-8.60%	-11.95%	4.31%	1.28%
Dividend Yield	1.31%	1.92%	2.39%	3.19%	3.05%	2.03%
Payout Ratio	30.72%	32.37%	33.25%	52.98%	34.21%	12.88%
Buyback Yield / Dilution	4.58%	4.58%	4.50%	4.65%	3.04%	4.07%
Total Shareholder Return	5.89%	6.50%	6.89%	7.83%	6.09%	6.11%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.