The Goldman Sachs Group, Inc. (GS) Tax Rate: 21.40%
Is The Goldman Sachs Group, Inc.’s tax rate high or low?
The Goldman Sachs Group, Inc.'s tax rate of 21.40% is in line with its 5-year average of 20.87%, around the middle of its 5-year range (16.50%–24.20%).
The tax rate for The Goldman Sachs Group, Inc. (GS) is 21.40%. It is below its 12-month average by 2.28% (21.90%).
GS Tax Rate Chart
GS Average Tax Rate Chart
GS Current vs Average Tax Rate Chart
GS Tax Rate Metrics
TAX RATE
21.40%
TAX RATE AVG TTM
21.90%
TAX RATE AVG 3Y
20.25%
TAX RATE AVG 5Y
20.87%
TAX RATE AVG 10Y
25.62%
TAX RATE AVG 15Y
27.57%
TAX RATE AVG 20Y
27.14%
CURRENT VS TTM AVG
-2.28%
CURRENT VS 3Y AVG
+5.68%
CURRENT VS 5Y AVG
+2.56%
CURRENT VS 10Y AVG
-16.47%
CURRENT VS 15Y AVG
-22.39%
CURRENT VS 20Y AVG
-21.16%
The Goldman Sachs Group, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Goldman Sachs Group, Inc. Tax Rate FAQ
- What is the tax rate for The Goldman Sachs Group, Inc. (GS)?
- The tax rate for GS stock is 21.40%.
- Is The Goldman Sachs Group, Inc.'s tax rate high or low?
- The Goldman Sachs Group, Inc.'s tax rate of 21.40% is in line with its 5-year average of 20.87%, around the middle of its 5-year range (16.50%–24.20%).
- What is the TTM average tax rate for The Goldman Sachs Group, Inc. (GS)?
- The TTM average tax rate for GS stock is 21.90%.
- What is the 3Y average tax rate for The Goldman Sachs Group, Inc. (GS)?
- The 3Y average tax rate for GS stock is 20.25%.
- What is the 5Y average tax rate for The Goldman Sachs Group, Inc. (GS)?
- The 5Y average tax rate for GS stock is 20.87%.
- What is the 10Y average tax rate for The Goldman Sachs Group, Inc. (GS)?
- The 10Y average tax rate for GS stock is 25.62%.
- What is the 15Y average tax rate for The Goldman Sachs Group, Inc. (GS)?
- The 15Y average tax rate for GS stock is 27.57%.
- What is the 20Y average tax rate for The Goldman Sachs Group, Inc. (GS)?
- The 20Y average tax rate for GS stock is 27.14%.
The Goldman Sachs Group, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 21.40% |
| 2024-12-31 | 22.40% |
| 2023-12-31 | 20.70% |
| 2022-12-31 | 16.50% |
| 2021-12-31 | 20.00% |
| 2020-12-31 | 24.20% |
| 2019-12-31 | 20.00% |
| 2018-12-31 | 16.20% |
| 2017-12-31 | 61.50% |
| 2016-12-31 | 28.20% |
| 2015-12-31 | 30.70% |
| 2014-12-31 | 31.40% |
| 2013-12-31 | 31.50% |
| 2012-12-31 | 33.30% |
| 2011-12-31 | 27.99% |
| 2010-12-31 | 35.20% |
| 2009-12-31 | 32.50% |
| 2008-11-28 | 0.60% |
| 2007-11-30 | 34.11% |
| 2006-11-24 | 34.50% |
| 2005-11-25 | 32.00% |
| 2004-11-26 | 31.80% |
| 2003-11-28 | 32.40% |
| 2002-11-29 | 35.01% |
| 2001-11-30 | 37.50% |
| 2000-11-30 | 38.90% |
| 1999-11-26 | -35.94% |
Related Metrics
About The Goldman Sachs Group, Inc.
The Goldman Sachs Group, Inc. (GS) operates as a prominent global financial services firm, offering an extensive array of services to corporations, financial institutions, governmental bodies, and individuals worldwide. The company's operations are organized into four primary divisions: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment furnishes strategic advisory services covering intricate transactions such as mergers, acquisitions, divestitures, corporate defense strategies, restructurings, and spin-offs. It also extends various lending facilities, including middle-market, relationship, and acquisition financing, in addition to transaction banking services. This division further specializes in underwriting, assisting clients with equity offerings for common, preferred, and convertible securities, as well as debt offerings encompassing investment-grade, high-yield, bank/bridge loans, and emerging market debt instruments, alongside the creation of structured securities. Within its Global Markets division, Goldman Sachs engages in client execution activities for both cash and derivative instruments, provides solutions for credit and interest rate products, and offers comprehensive equity intermediation, financing, clearing, settlement, and custody services. This segment also transacts in products linked to mortgages, foreign exchange, commodities, and equities. The Asset Management segment is responsible for managing assets across a diverse spectrum of classes, including equities, fixed income, hedge funds, credit funds, private equity, real estate, currencies, and commodities. It delivers tailored investment advisory solutions and makes direct investments in corporate entities, real estate ventures, and infrastructure projects. The Consumer & Wealth Management segment provides individual clients with wealth advisory and banking services. These include financial planning, investment management, deposit-taking, and lending. It also offers private banking services, unsecured loans, and accepts savings and time deposits. Founded in 1869, the company's corporate headquarters are located in New York, New York.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- David Solomon