The Goldman Sachs Group, Inc. (GS) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | -31.87B | -16.28B | 2.68B | 5.67B | -37.23B | 46.77B | -38.06B | 6.12B | -28.04B | -28.36B | -25.53B | 31.9B |
| Operating CF Margin % | -184.99% | -54.03% | 8.33% | 18.14% | -118% | 145.06% | -120.73% | 19.63% | -86.55% | -99.63% | -89.51% | 122.47% |
| Operating CF Growth % | 14.4% | -134.8% | 107.04% | -7.32% | -32.78% | 264.91% | -49.06% | -80.82% | -398.15% | 14.49% | -259.49% | -29.72% |
| Net Income | 5.63B | 4.62B | 4.1B | 3.72B | 4.74B | 4.11B | 2.99B | 3.04B | 4.13B | 2.01B | 2.06B | 1.22B |
| Depreciation & Amortization | 495M | 527M | 531M | 618M | 506M | 498M | 621M | 646M | 627M | 780M | 1.51B | 1.59B |
| Stock-Based Compensation | 2.53B | 258M | 237M | 533M | 2.42B | 104M | 120M | 595M | 1.84B | 77M | 228M | 239M |
| Deferred Taxes | -47M | 357M | 49M | -356M | 154M | -147M | -202M | -511M | 60M | -1.36B | -387M | -433M |
| Other Non-Cash Items | 315M | -69.17B | 339M | 384M | 287M | 351M | 397M | 282M | 318M | -14.97B | -52.06B | 615M |
| Working Capital Changes | -40.79B | 47.14B | -2.57B | 770M | -45.33B | 41.85B | -41.99B | 2.06B | -35.02B | -14.89B | 23.12B | 28.67B |
| Change in Receivables | 36.16B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.04B | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -56.31B | -5.03B | -5.11B | -11.33B | -22.75B | -7.12B | -29.29B | -5.24B | -7.98B | -3.34B | -8.03B | -3.96B |
| Capital Expenditures | -565M | -531M | -558M | -476M | -499M | -586M | -466M | -542M | -497M | -546M | -507M | -666M |
| CapEx % of Revenue | 3.28% | 1.76% | 1.74% | 1.52% | 1.58% | 1.82% | 1.48% | 1.74% | 1.53% | 1.92% | 1.78% | 2.56% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 1.8T | 930.15B | 1.2T | 475.86B | 1.19T | 1.14T | 1.19T | 1.07T | 1.08T | 1.04T | 967.44B | 922.93B |
| Other Investing | -12.94B | -16.66B | -6.75B | -5.93B | -12.82B | -4.51B | -3.13B | -164M | -3.53B | 11.18B | -7.53B | 642M |
| Cash from Financing | 104.29B | 16.75B | 19.78B | -13.26B | 42.83B | -7.82B | 10.34B | -2.37B | 7.17B | 28.02B | 6.44B | 13.89B |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | -9.05B | -3B | -2B | -3B | -2.46B | -3.5B | 995M | -1.96B | -1.5B | -1B | -1B | -810M |
| Dividends Paid | -1.59B | -1.46B | -1.48B | -1.22B | -1.11B | -1.15B | -1.17B | -1.05B | -1.12B | -1.06B | -1.1B | -1.01B |
| Share Repurchases | -5B | -3B | -2B | -3B | -4.36B | -3.5B | -1B | -4.2B | -1.5B | -1B | -2.5B | -750M |
| Other Financing | 62.05B | 31.37B | 24.81B | -9.72B | 35.38B | -8.66B | 11.29B | -6.65B | 11.22B | 24.98B | 6.01B | 22.79B |
| Net Change in Cash | 15.27B | -5.32B | 16.61B | -14.44B | -14.68B | 27.4B | -51.64B | -3.06B | -32.19B | 1.7B | -31.05B | 41.6B |
| Free Cash Flow | -32.43B | -16.81B | 2.12B | 5.2B | -37.73B | 46.18B | -38.53B | 5.58B | -28.54B | -28.9B | -26.04B | 31.23B |
| FCF Margin % | -188.27% | -55.79% | 6.6% | 16.62% | -119.58% | 143.24% | -122.21% | 17.89% | -88.09% | -101.55% | -91.29% | 119.92% |
| FCF Growth % | 14.04% | -136.39% | 105.51% | -6.85% | -32.22% | 259.77% | -47.94% | -82.14% | -424% | 14.78% | -273.38% | -29.56% |
| FCF per Share | -105.30 | -52.92 | 6.74 | 16.32 | -116.27 | 140.62 | -116.46 | 16.63 | -84.05 | -83.59 | -75.72 | 89.96 |
| FCF Conversion (FCF/Net Income) | -5.66x | -3.53x | 0.65x | 1.52x | -7.86x | 11.38x | -12.73x | 2.01x | -6.79x | -14.12x | -12.41x | 26.23x |
| Interest Paid | 18.03B | -49.82B | 16.86B | 17B | 15.95B | 18.86B | 18.86B | 17.99B | 16.91B | 16.84B | 15.61B | 14.49B |
| Taxes Paid | 0 | -2.94B | 581M | 1.72B | 636M | -2.81B | 746M | 1.54B | 525M | 574M | 299M | 1.06B |