Goldman Sachs vs JPMorgan (GS vs JPM)
Goldman Sachs (GS) vs JPMorgan (JPM) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Goldman Sachs (GS) and JPMorgan (JPM) compete in banking. Here are Goldman Sachs and JPMorgan side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Goldman Sachs or JPMorgan.
Goldman Sachs vs JPMorgan: the figures
| Figure | Goldman Sachs | JPMorgan |
|---|---|---|
| Share price | $928.00 (November 4, 2026) | $352.11 (November 4, 2026) |
| Market cap | $267.7 billion | $935.1 billion |
| P/E (TTM) | 13.3x | 14.8x |
| Forward P/E | 12.5x | 13.8x |
| Revenue growth (quarter) | +23.3% | +10.2% |
| Net margin (TTM) | 31.2% | 34.6% |
| ROE | 17.7% | 18.0% |
| Dividend yield | 2.23% | 1.95% |
| Beta | 1.27 | 1.02 |
Goldman Sachs and JPMorgan figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Goldman Sachs or JPMorgan figure is not available, and we never estimate it.
3 key differences between Goldman Sachs and JPMorgan
- Growth: Goldman Sachs grew sales +23.3% year on year in its latest quarter, against +10.2% for JPMorgan.
- Size: JPMorgan is worth $935.1 billion on the stock market, about 3.5 times Goldman Sachs ($267.7 billion).
- Profitability: for every 100 of sales, JPMorgan keeps 34.6 as net profit and Goldman Sachs keeps 31.2.
Goldman Sachs or JPMorgan: which fits your profile
- If you want growth: Goldman Sachs is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Goldman Sachs pays the higher dividend relative to its price.
- If you prefer caution: JPMorgan has a less volatile share price, which usually gives more room in a bad year.
- If price is what matters most to you: Goldman Sachs trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Goldman Sachs nor JPMorgan wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Goldman Sachs and JPMorgan make money
Goldman Sachs (GS)
Goldman Sachs is an investment bank. Global Banking & Markets, its largest segment, earns fees for advising on mergers, underwriting stock and bond offerings, and trading fixed income, currencies, commodities and equities for institutions. Asset & Wealth Management runs funds and private wealth, and Platform Solutions holds its card and platform businesses. Full Goldman Sachs analysis.
JPMorgan (JPM)
JPMorgan Chase reports three main segments. Consumer & Community Banking, the largest, includes Chase retail branches, credit cards, mortgages and auto loans. Commercial & Investment Bank covers investment banking, markets, payments and corporate lending. Asset & Wealth Management runs funds and manages money for wealthy clients and institutions. Full JPMorgan analysis.
Frequently asked questions: Goldman Sachs vs JPMorgan
Is Goldman Sachs or JPMorgan the better stock?
Choosing between Goldman Sachs and JPMorgan depends on what you are looking for. Goldman Sachs is growing faster right now, and Goldman Sachs trades on the lower P/E. Fintols does not tell you whether to buy Goldman Sachs or JPMorgan: it shows you the differences so you can decide.
Which pays a higher dividend, Goldman Sachs or JPMorgan?
As of November 4, 2026, Goldman Sachs yields 2.23% and JPMorgan yields 1.95%. Also check how much of their profit Goldman Sachs and JPMorgan pay out: if it is more than they earn, it cannot last.
Which is more expensive, Goldman Sachs or JPMorgan?
On P/E, JPMorgan (14.8x) is more expensive than Goldman Sachs (13.3x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Goldman Sachs and JPMorgan?
Yes. Many people spread their money across several companies, such as Goldman Sachs and JPMorgan, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Goldman Sachs or JPMorgan.
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More companies like Goldman Sachs and JPMorgan: banking stocks. Educational content about Goldman Sachs and JPMorgan, not investment advice.