Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2026)
Goldman Sachs BDC's (GSBD) quarterly Tax Rate came in at 1.65% in Q1 2026, up 42.0% YoY from 1.16% in Q1 2025, and up 38.37% on a QoQ basis from 1.19% in Q4 2025.
Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2026) Analysis & Trends
Goldman Sachs BDC (GSBD) has 6 years of Tax Rate data on file, last reported at 1.65% in 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% (up 4.0% YoY) and the FY2025 annual result came in at 0.88%, down 1.0% from the prior year.
- Tax Rate climbed to 1.65% in Q1 2026, from 1.19% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.65% in Q1 2026 to a low of 0.56% in Q2 2023.
- A 5-year average of 0.91% and a median of 0.76% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 121 bps — and 2023, when it plunged 57 bps.
- Tracing GSBD's Tax Rate over 5 years: stood at 1.48% in 2022, then sank by 39 bps to 0.9% in 2023, then advanced by 7 bps to 0.96% in 2024, then increased by 24 bps to 1.19% in 2025, then soared by 38 bps to 1.65% in 2026.
- The last three Tax Rate figures came in at 1.65% (Q1 2026), 1.19% (Q4 2025), and 0.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 24.90% |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 16.11% |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 17.91% |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 12.14% |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 15.94% |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | 21.96% |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 22.82% |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 20.67% |
| 10 | Goldman Sachs BDC | 1.11 Bn | 1.11 Bn | - | 0.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.74% |
| Jun 30, 2026 | 0.74% |
| Jun 30, 2026 | 0.74% |
| 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 | 0.96% |
| Dec 31, 2024 | 0.96% |