Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2026)
Goldman Sachs BDC (GSBD) posted Tax Rate of 1.65% for Q1 2026, up 38.37% on a QoQ basis from 1.19% in Q4 2025, and up 42.0% year-over-year from 1.16% in Q1 2025.
Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2026) Analysis & Trends
Goldman Sachs BDC's Tax Rate history runs 6 years deep, the most recent figure standing at 1.65% for Q1 2026.
- Quarterly Tax Rate rose 42.0% year-over-year to 1.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.97% (down 3.0% YoY) and the FY2025 annual result came in at 0.88%, down 1.0% from the prior year.
- Tax Rate was 1.65% for Q1 2026 at Goldman Sachs BDC, up from 1.19% in the prior quarter.
- Across five years, Tax Rate topped out at 1.65% in Q1 2026 and bottomed at 0.56% in Q2 2023.
- A 5-year average of 0.93% and a median of 0.76% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate surged 92 bps — and 2025, when it fell 16 bps.
- Goldman Sachs BDC's Tax Rate stood at 1.23% in 2022, then rose by 5 bps to 1.29% in 2023, then advanced by 2 bps to 1.31% in 2024, then fell by 9 bps to 1.19% in 2025, then surged by 38 bps to 1.65% in 2026.
- Business Quant data shows GSBD's Tax Rate at 1.65% in Q1 2026, 1.19% in Q4 2025, and 0.73% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -1.22% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 18.16% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 13.55% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 598.59% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 21.16% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 20.02% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 24.99% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 25.99% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 23.43% |
| 10 | Goldman Sachs BDC | 969.22 Mn | 969.22 Mn | - | 1.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.65% |
| Mar 31, 2026 | 1.65% |
| Mar 31, 2026 | 1.65% |
| Dec 31, 2025 | 1.19% |
| Dec 31, 2025 | 1.19% |
| Dec 31, 2025 | 1.19% |
| Sep 30, 2025 | 0.73% |
| Sep 30, 2025 | 0.73% |
| Sep 30, 2025 | 0.73% |
| Jun 30, 2025 | 0.75% |
| Jun 30, 2025 | 0.75% |
| Jun 30, 2025 | 0.75% |
| Mar 31, 2025 | 1.23% |
| Mar 31, 2025 | 1.23% |
| Mar 31, 2025 | 1.23% |
| Dec 31, 2024 | 1.31% |
| Dec 31, 2024 | 1.31% |
| Dec 31, 2024 | 1.31% |
| Sep 30, 2024 | 0.89% |
| Sep 30, 2024 | 0.89% |