KPIs & Operating Metrics(New)

Goldman Sachs (GS) Tax Rate (2016 - 2025)

Goldman Sachs' Tax Rate history spans 17 years, with the latest figure at 24.0% for Q3 2025.

  • For Q3 2025, Tax Rate fell 101.0% year-over-year to 24.0%; the TTM value through Sep 2025 reached 22.19%, up 127.0%, while the annual FY2023 figure was 20.7%, 420.0% up from the prior year.
  • Tax Rate for Q3 2025 was 24.0% at Goldman Sachs, down from 24.91% in the prior quarter.
  • Across five years, Tax Rate topped out at 29.95% in Q2 2023 and bottomed at 10.91% in Q4 2023.
  • The 5-year median for Tax Rate is 20.45% (2021), against an average of 20.22%.
  • The largest annual shift saw Tax Rate crashed -5131bps in 2021 before it surged 1254bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 21.69% in 2021, then crashed by -39bps to 13.33% in 2022, then fell by -18bps to 10.91% in 2023, then surged by 129bps to 25.01% in 2024, then decreased by -4bps to 24.0% in 2025.
  • Per Business Quant, the three most recent readings for GS's Tax Rate are 24.0% (Q3 2025), 24.91% (Q2 2025), and 16.1% (Q1 2025).