Goldman Sachs (GSCE) Tax Rate (2009 - 2026)
Goldman Sachs (GSCE) posted Tax Rate of 13.2% for Q1 2026, down 37.58% sequentially from 21.14% in Q4 2025, and down 290.0% YoY from 6.95% in Q1 2025.
Goldman Sachs (GSCE) Tax Rate (2009 - 2026) Analysis & Trends
Goldman Sachs (GSCE) has 18 years of Tax Rate data on file, last reported at 13.2% in Q1 2026.
- Quarterly Tax Rate fell 290.0% year-over-year to 13.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.37% (down 50.0% YoY) and the FY2025 annual result came in at 21.4%, down 100.0% from the prior year.
- Tax Rate slipped to 13.2% in Q1 2026 per GSCE's latest filing, from 21.14% in the prior quarter.
- The five-year high for Tax Rate was 29.95% in Q2 2023, with the low at 10.91% in Q4 2023.
- Average Tax Rate over 5 years is 19.95%, with a median of 21.1% recorded in 2024.
- Year-over-year, Tax Rate tumbled 836 bps in 2022 and surged 1254 bps in 2023.
- Goldman Sachs' Tax Rate stood at 13.33% in 2022, then declined by 18 bps to 10.91% in 2023, then surged by 100 bps to 21.8% in 2024, then fell by 3 bps to 21.14% in 2025, then sank by 38 bps to 13.2% in 2026.
- Business Quant data shows GSCE's Tax Rate at 13.2% in Q1 2026, 21.14% in Q4 2025, and 24.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 19.58% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 13.20% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 22.24% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -16.38% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 15.82% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 26.45% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 23.03% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 2.47% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 2.46% |
| 10 | Goldman Sachs | - | - | - | 13.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.20% |
| Mar 31, 2026 | 13.20% |
| Dec 31, 2025 | 21.14% |
| Dec 31, 2025 | 21.14% |
| Sep 30, 2025 | 24.00% |
| Sep 30, 2025 | 24.00% |
| Jun 30, 2025 | 24.91% |
| Jun 30, 2025 | 24.91% |
| Mar 31, 2025 | 16.10% |
| Mar 31, 2025 | 16.10% |
| Dec 31, 2024 | 21.80% |
| Dec 31, 2024 | 21.80% |
| Sep 30, 2024 | 25.01% |
| Sep 30, 2024 | 25.01% |
| Jun 30, 2024 | 22.29% |
| Jun 30, 2024 | 22.29% |
| Mar 31, 2024 | 21.10% |
| Mar 31, 2024 | 21.10% |
| Dec 31, 2023 | 10.91% |
| Dec 31, 2023 | 10.91% |