GSBD vs GS

For growth investors, Goldman Sachs BDC, Inc.

(GSBD) is the stronger pick with 90. 0% revenue growth year-over-year, versus 17. 0% for The Goldman Sachs Group, Inc. (GS). Goldman Sachs BDC, Inc. (GSBD) offers the better valuation at 9. 9x trailing P/E (8. 2x forward), making it the more compelling value choice. Analysts rate Goldman Sachs BDC, Inc. (GSBD) a "Hold" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Goldman Sachs BDC, Inc.

(GSBD) is the cheapest at 9. 9x versus The Goldman Sachs Group, Inc. at 23. 1x. On forward P/E, Goldman Sachs BDC, Inc. is actually cheaper at 8. 2x.

Over the past 5 years, The Goldman Sachs Group, Inc.

(GS) delivered a total return of +171. 1%, compared to -1. 9% for Goldman Sachs BDC, Inc. (GSBD). Over 10 years, the gap is even starker: GS returned +536. 1% versus GSBD's +45. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Goldman Sachs BDC, Inc.

(GSBD) is the lower-risk stock at 0. 50β versus The Goldman Sachs Group, Inc. 's 1. 47β — meaning GS is approximately 195% more volatile than GSBD relative to the S&P 500.

By revenue growth (latest reported year), Goldman Sachs BDC, Inc.

(GSBD) is pulling ahead at 90. 0% versus 17. 0% for The Goldman Sachs Group, Inc. (GS). On earnings-per-share growth, the picture is similar: Goldman Sachs BDC, Inc. grew EPS 87. 3% year-over-year, compared to 77. 3% for The Goldman Sachs Group, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Goldman Sachs BDC, Inc.

(GSBD) is the more profitable company, earning 49. 7% net margin versus 11. 3% for The Goldman Sachs Group, Inc. — meaning it keeps 49. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GS leads at 14. 5% versus 0. 0% for GSBD. At the gross margin level — before operating expenses — GS leads at 41. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Goldman Sachs BDC, Inc.

(GSBD) trades at 8. 2x forward P/E versus 15. 8x for The Goldman Sachs Group, Inc. — 7. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GS: 6. 2% to $995. 89.

In this comparison, GS (1.

4% yield) pays a dividend. GSBD does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Goldman Sachs BDC, Inc.

(GSBD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 50)). Both have compounded well over 10 years (GSBD: +45. 2%, GS: +536. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

GS pays a dividend while GSBD does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.