Goldman Sachs vs Charles Schwab
Goldman Sachs is the larger business, with $58.28bn of revenue in fiscal 2025 against $23.92bn for Charles Schwab (2.4 times as much). Charles Schwab grew faster (22.0% against 8.9%). Charles Schwab kept more of each dollar of sales as profit: a net margin of 37.0% against 29.5%.
| Latest fiscal year | Goldman SachsGS, 2025 | Charles SchwabSCHW, 2025 |
|---|---|---|
| Revenue | $58.28bn | $23.92bn |
| Revenue growth | 8.9% | 22.0% |
| Net income | $17.18bn | $8.85bn |
| Operating margin | — | — |
| Net margin | 29.5% | 37.0% |
| Return on equity | 13.9% | 18.1% |
| Free cash flow | −$47.22bn | $8.76bn |
| Cash | $164.26bn | $46.03bn |
| Total debt | $355.96bn | $29.11bn |
| Debt to equity | — | — |
| Dividend per share | $14.00 | $1.08 |
| Dividend yield | 2.4% | 1.6% |
| Share buybacks | $12.36bn | $7.35bn |
| Employees | — | — |
| Market value | $258.30bn | $154.77bn |
| Price vs our value range | — | — |
| Moat score | 67 (Moderate) | 77 (Strong) |
| Insider trades, 12 months | 51 buys, 242 sales | 1 buys, 91 sales |