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
DateValue
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%