Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2025)
Goldman Sachs BDC's Tax Rate was 0.83% in Q3 2025, down 0.16 percentage points from 0.99% a year earlier and unchanged from the prior quarter.
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Analysis
Goldman Sachs BDC (GSBD) Tax Rate (2021 - 2025) Analysis & Trends
On a trailing twelve-month basis, Goldman Sachs BDC's Tax Rate was 0.98% through Sep 30, 2025, up 0.05 percentage points year-over-year; for FY2024, it was 0.92%, up 0.10 percentage points from FY2023.
- Tax Rate shows a four-year change of +0.33 percentage points (FY2020 to FY2024).
- In earlier years, Tax Rate was 0.81% in FY2023 (-0.06 pp), 0.87% in FY2022 (+0.63 pp), 0.24% in FY2021 (-0.34 pp) and 0.58% in FY2020.
- Quarterly Tax Rate has moved between 0.21% (Q3 2021) and 1.30% (Q4 2022) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +0.06 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2022 (a gain of 1.02 percentage points); the worst was Q4 2023 (a drop of 0.18 percentage points).
- Per Business Quant data, GSBD's Tax Rate in the three quarters before Q3 2025 was 0.82% (Q2 2025), 1.11% (Q1 2025) and 1.11% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.51% |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 30.92% |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 20.18% |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 25.38% |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.83% |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Goldman Sachs BDC | 1.02 Bn | 1.02 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.83% |
| Jun 30, 2025 | 0.82% |
| Mar 31, 2025 | 1.11% |
| Dec 31, 2024 | 1.11% |
| Sep 30, 2024 | 0.99% |
| Jun 30, 2024 | 0.84% |
| Mar 31, 2024 | 0.74% |
| Dec 31, 2023 | 1.12% |
| Sep 30, 2023 | 0.90% |
| Jun 30, 2023 | 0.59% |
| Mar 31, 2023 | 0.60% |
| Dec 31, 2022 | 1.30% |
| Sep 30, 2022 | 0.61% |
| Jun 30, 2022 | 0.74% |
| Mar 31, 2022 | 0.73% |
| Dec 31, 2021 | 0.28% |
| Sep 30, 2021 | 0.21% |
API Access
Goldman Sachs BDC Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GSBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GSBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GSBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();