The Filing Desk

Freedom Holding vs Goldman Sachs

Freedom Holding FRHC · Goldman Sachs GS · Investment Banking & Brokerage

Goldman Sachs reported revenue of $58.3 billion in fiscal 2025, 26.6 times Freedom Holding's $2.2 billion in fiscal 2026. Freedom Holding's revenue grew 9.3% in its latest year, and Goldman Sachs' grew 8.9%. Freedom Holding had a return on equity of 11.3%, against 13.9% at Goldman Sachs. Their fiscal years end in different months (March 31 and December 31), so the periods don't line up exactly.

Side by side

Freedom HoldingGoldman Sachs
Latest fiscal yearFY2026, Mar 31, 2026FY2025, Dec 31, 2025
Revenue$2.2B$58.3B
Revenue growth9.3%8.9%
Revenue growth a year, last 5 years44.6%5.5%
Net income$153M$17.2B
Return on equity11.3%13.9%
Return on tangible common equity12.3%15.9%
Efficiency ratio—64.4%
Dividends and buybacks$0M$17.6B
Change in diluted share count1.0%−4.8%
Last close$174.04$893.28
P/E at the last close68.8×13.8×
Insider trades, last 12 monthsbought $2.4 million, sold $8.0 millionsold $148.9 million
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Freedom HoldingGoldman Sachs
Return on equity
Percent. Net income over average equity.
Freedom HoldingGoldman Sachs
Net income
US$ billions
Freedom HoldingGoldman Sachs

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Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Freedom Holding and Goldman Sachs pages.