Goldman Sachsvs.Morgan Stanley
GS vs MS · both in Investment banking & trading, part of the Banks, payments & capital markets value chain: Advisory, underwriting and market-making for companies and institutions.
Goldman Sachs and Morgan Stanley are similar in size by market cap; Goldman Sachs trades at the lower P/E (14.5 vs 17.1).
Side by side
| GS | MS | |
|---|---|---|
| Market cap | $305B | $344B |
| Price | $1,040.46 | $214.08 |
| Today | −1.7% | −1.2% |
| Return YTD | +20.5% | +22.1% |
| Return 1Y | +43.3% | +46.8% |
| P/E | 14.5 | 17.1 |
| P/S | 2.3 | 2.7 |
| P/B | 2.5 | 3.0 |
Data as of 2026-08-27 · updates daily after U.S. close
The two companies
Goldman SachsGS
Deal advice and underwriting on one side, trading on the other, with asset and wealth management a growing third leg. Earnings rise and fall with deal flow and market activity.
Full GS profile →Morgan StanleyMS
Wealth and asset management now anchor the earnings of what began as a markets and advisory house. The pivot toward steadier fee income was deliberate.
Full MS profile →See where GS and MS sit in the full Banks, payments & capital markets map: every segment from suppliers to end markets.Open the Finance value chain →