Financials
Earnings per share and the equity base: GS
Per-share earnings, return on average common equity and book value per share answer different questions.
Per-share earnings, return on average common equity and book value per share answer different questions. EPS divides an earnings allocation by diluted shares, while the return ratio uses average equity. An increase in EPS is not, by itself, proof that every business generated the same improvement or that a future return is assured. Source context Goldman Sachs reports investment banking, markets, and asset and wealth management activities. Selected annual figures below follow the precision in the official earnings summary; amounts given in billions are displayed in millions without adding precision. How to use the observation Read the source captions and dates next to the selected financial metrics. Preserve the distinction between a reported figure, a company-adjusted measure and a new calculation. A relationship between totals identifies a question for further research; it does not by itself establish causation or predict the stock price. Scope This is editorial interpretation of the linked historical disclosure. It does not represent company guidance, personalized advice or a current trading signal.