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Goldman Sachs Group (GS) Tax Rate: 2009-2024

Historic Tax Rate for Goldman Sachs Group (GS) over the last 16 years, with Dec 2024 value amounting to 22.40%.

  • Goldman Sachs Group's Tax Rate fell 101.00% to 24.00% in Q3 2025 from the same period last year, while for Sep 2025 it was 21.57%, marking a year-over-year increase of 64.00%. This contributed to the annual value of 22.40% for FY2024, which is 170.00% up from last year.
  • Latest data reveals that Goldman Sachs Group reported Tax Rate of 22.40% as of FY2024, which was up 8.21% from 20.70% recorded in FY2023.
  • In the past 5 years, Goldman Sachs Group's Tax Rate ranged from a high of 24.20% in FY2020 and a low of 16.50% during FY2022.
  • Over the past 3 years, Goldman Sachs Group's median Tax Rate value was 20.70% (recorded in 2023), while the average stood at 19.87%.
  • Per our database at Business Quant, Goldman Sachs Group's Tax Rate soared by 420bps in 2020 and then slumped by 420bps in 2021.
  • Yearly analysis of 5 years shows Goldman Sachs Group's Tax Rate stood at 24.20% in 2020, then plummeted by 420bps to 20.00% in 2021, then plummeted by 350bps to 16.50% in 2022, then surged by 420bps to 20.70% in 2023, then surged by 170bps to 22.40% in 2024.