KPIs & Operating Metrics(New)

Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2026)

Goldman Sachs BDC (GSBD) reported Tax Rate of 1.32% for Q1 2026, up 21.0% year-on-year from 1.09% in Q1 2025, and up 48.47% quarter-over-quarter from 0.89% in Q4 2025.

Goldman Sachs BDC (GSBD) has 6 years of Tax Rate data on file, last reported at 1.32% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 21.0% year-over-year to 1.32%; the trailing twelve-month figure through Mar 2026 stood at 0.94% (down 6.0% YoY), and the FY2025 full-year result was 0.92%, changed 0.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 1.32%, up from 0.89% in the prior quarter.
  • Across five years, Tax Rate topped out at 1.34% in Q4 2022 and bottomed at 0.59% in Q2 2023.
  • A 5-year average of 0.9% and a median of 0.84% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate surged 106 bps in 2022 and slipped 22 bps in 2023, its largest moves.
  • Tracing GSBD's Tax Rate over 5 years: stood at 1.34% in 2022, then slipped by 17 bps to 1.12% in 2023, then decreased by 4 bps to 1.08% in 2024, then decreased by 18 bps to 0.89% in 2025, then soared by 48 bps to 1.32% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 1.32%, 0.89%, and 0.83% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 18.16
2 Blackstone 92.68 Bn 91.63 Bn - 13.55
3 Kkr 84.94 Bn 132.45 Bn - 40.05
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 15.80
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 598.59
6 State Street 44.42 Bn 18.75 Bn - 21.16
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 20.02
8 Northern Trust 31.21 Bn 31.21 Bn - 24.99
9 Ares Management 28.85 Bn 32.22 Bn - 19.13
10 Goldman Sachs BDC - - - 1.32

Historic Data

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DateValue
Mar 31, 2026 1.32
Mar 31, 2026 1.32
Dec 31, 2025 0.89
Dec 31, 2025 0.89
Sep 30, 2025 0.83
Sep 30, 2025 0.83
Jun 30, 2025 0.83
Jun 30, 2025 0.83
Mar 31, 2025 1.11
Mar 31, 2025 1.11
Dec 31, 2024 1.08
Dec 31, 2024 1.08
Sep 30, 2024 0.99
Sep 30, 2024 0.99
Jun 30, 2024 0.84
Jun 30, 2024 0.84
Mar 31, 2024 0.74
Mar 31, 2024 0.74
Dec 31, 2023 1.12
Dec 31, 2023 1.12
Sep 30, 2023 0.90
Sep 30, 2023 0.90
Jun 30, 2023 0.59
Jun 30, 2023 0.59
Mar 31, 2023 0.60
Mar 31, 2023 0.60
Dec 31, 2022 1.34
Dec 31, 2022 1.34
Sep 30, 2022 0.62
Sep 30, 2022 0.62
Jun 30, 2022 0.74
Jun 30, 2022 0.74
Mar 31, 2022 0.74
Mar 31, 2022 0.74
Dec 31, 2021 0.28
Dec 31, 2021 0.28
Sep 30, 2021 0.21
Sep 30, 2021 0.21