Goldman Sachs GS
NYSE GS
$941.61 -9.50 (-1.00%)
At close: Sep 18, 2026 · 4:00 PM EDT

Goldman Sachs (GS) Tax Rate (2009 - 2026)

Goldman Sachs' (GS) quarterly Tax Rate came in at 22.6% in Q2 2026, down 231.0% year-over-year from 17.25% in Q2 2025, and up 71.22% quarter-over-quarter from 13.2% in Q1 2026.

Analysis

Goldman Sachs (GS) Tax Rate (2009 - 2026) Analysis & Trends

Goldman Sachs has disclosed Tax Rate across 18 years of filings, most recently posting 22.6% for Q2 2026.

  • In Q2 2026, Tax Rate fell 231.0% year-over-year to 22.6%; the TTM figure through Jun 2026 stood at 20.24% (down 136.0% YoY), while the FY2025 annual figure was 21.4%, down 100.0% from the prior year.
  • Tax Rate came in at 22.6% for Q2 2026 at Goldman Sachs, up from 13.2% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 29.95% in Q2 2023 to a low of 10.91% in Q4 2023.
  • Average Tax Rate over 5 years is 20.1%, with a median of 21.12% recorded in 2024.
  • Year-over-year, Tax Rate plunged 836 bps in 2022 and surged 1254 bps in 2023.
  • Over 5 years, Tax Rate stood at 13.33% in 2022, then decreased by 18 bps to 10.91% in 2023, then surged by 100 bps to 21.8% in 2024, then slipped by 3 bps to 21.14% in 2025, then gained by 7 bps to 22.6% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.6% in Q2 2026, 13.2% in Q1 2026, and 21.14% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of America 405.01 Bn -183.49 Bn 30.39 Bn 21.54%
2 Morgan Stanley 318.33 Bn 158.20 Bn - 23.07%
3 Royal Bank Of Canada 284.62 Bn 57.78 Bn - 22.26%
4 Goldman Sachs 274.43 Bn -701.92 Bn - 22.60%
5 Mitsubishi Ufj Financial 274.26 Bn -110.06 Bn 10.89 Bn 24.29%
6 Wells Fargo & Company 260.84 Bn 59.01 Bn - 17.42%
7 American Express 210.32 Bn 161.00 Bn 17.99 Bn 23.61%
8 Banco Santander 210.20 Bn 217.82 Bn 28.01 Bn -
9 Toronto Dominion Bank 206.68 Bn 45.35 Bn - -38.63%
10 Schwab Charles 181.98 Bn 108.39 Bn - 23.68%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.60%
Mar 31, 2026 13.20%
Dec 31, 2025 21.14%
Sep 30, 2025 24.00%
Jun 30, 2025 24.91%
Mar 31, 2025 16.10%
Dec 31, 2024 21.80%
Sep 30, 2024 25.01%
Jun 30, 2024 22.29%
Mar 31, 2024 21.10%
Dec 31, 2023 10.91%
Sep 30, 2023 25.33%
Jun 30, 2023 29.95%
Mar 31, 2023 19.01%
Dec 31, 2022 13.33%
Sep 30, 2022 18.29%
Jun 30, 2022 17.41%
Mar 31, 2022 15.40%
Dec 31, 2021 21.69%
Sep 30, 2021 21.40%