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GOLDMAN SACHS STOCK INTELLIGENCE

The Goldman Sachs Group, Inc. Returns by Year: 2000 to Present

Explore The Goldman Sachs Group, Inc. returns by year from 2000 to present. Analyze the current-year return, 1-year, 3-year, 5-year, 10-year and 20-year returns, average historical returns, positive and negative market years, and long-term market performance using the interactive research explorer.

Research & Analysis by • Quant Researcher • TradingNInvestment

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The Goldman Sachs Group, Inc. Historical Return Statistics

Historical The Goldman Sachs Group, Inc. annual price-return statistics from 2000 to present, with the current year reported separately as year-to-date.

Historical Coverage
2000 to Present
Latest verified market data
Average Annual Return
+15.08%
Completed calendar years
Median Annual Return
+12.94%
Completed calendar years
Positive / Non-Negative Years
18
69.23% of completed years
Negative Years
8
30.77% of completed years
Best Year
+100.07%
2009
Worst Year
-60.76%
2008
Current Year Return
+2.50%
2026 YTD • YTD

The Goldman Sachs Group, Inc. 1-Year, 3-Year, 5-Year, 10-Year and 20-Year Returns

Period returns are compounded from the latest completed calendar-year The Goldman Sachs Group, Inc. price returns. Multi-year cards also show the annualized return for the same completed-year period.

1-Year Return
+53.50%
2025 completed calendar year
3-Year Return
+36.80%
2023–2025 • Annualized
5-Year Return
+27.22%
2021–2025 • Annualized
10-Year Return
+17.17%
2016–2025 • Annualized
20-Year Return
+10.13%
2006–2025 • Annualized
Growth of $10,000
See how a hypothetical $10,000 investment in Goldman Sachs grew over time.
2000–2025Long-term growth
RETURN BREAKDOWN20-Year Comparison
Return ComponentEnding ValueCAGRContribution
Price Return$68,82810.1%72.8%
Dividend + Reinvestment+$25,683—27.2%
Total Return$94,51011.9%100.0%
CONTRIBUTION THROUGH TIMEHow Reinvestment Compounded
YearPrice WealthTotal WealthDividend + ReinvestmentContribution
2006$15,610$15,739+$1300.8%
2007$16,839$17,092+$2531.5%
2008$6,608$6,765+$1572.3%
···2023$30,207$39,687+$9,48023.9%
2024$44,837$60,337+$15,49925.7%
2025$68,828$94,510+$25,68327.2%

Contribution % represents the share of ending total-return wealth associated with the difference between the dividend-reinvested total-return path and the price-only path. It is not the historical dividend yield.

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Annual Returns

The Goldman Sachs Group, Inc. Annual Price Returns by Year

Performance
Time Period
Custom Range
From
→
To
TradingNInvestment research visualization. Historical return calculations, analysis and presentation by Kamal Khondkar. Underlying market data source: Yahoo Finance / GS.
Benchmark Comparison

The Goldman Sachs Group, Inc. vs. S&P 500 Returns

Annual price-return comparison across overlapping completed calendar years from 2000 through 2025. Excess return is The Goldman Sachs Group, Inc. return minus S&P 500 return.

Years Compared
26
The Goldman Sachs Group, Inc. Avg. Return
+15.08%
S&P 500 Avg. Return
+7.68%
Avg. Excess Return
+7.40%
Outperformed
14 years
53.8% of comparable years
Underperformed
12 years
YearThe Goldman Sachs Group, Inc.S&P 500DifferenceResult
2025+53.50%+16.39%+37.12%Outperformed
2024+48.44%+23.31%+25.13%Outperformed
2023+12.34%+24.23%-11.89%Underperformed
2022-10.24%-19.44%+9.20%Outperformed
2021+45.06%+26.89%+18.17%Outperformed
2020+14.69%+16.26%-1.57%Underperformed
2019+37.64%+28.88%+8.76%Outperformed
2018-34.43%-6.24%-28.19%Underperformed
2017+6.39%+19.42%-13.03%Underperformed
2016+32.86%+9.54%+23.32%Outperformed

Comparison uses calendar-year price returns over the common historical period. Current-year YTD performance is shown separately and is excluded from completed-year statistics.

Comparative Intelligence

GS vs. ^GSPC

Rolling 10-Year Annualized Returns

Each point shows the annualized price return over the trailing 10 completed calendar years. Select a year to compare the long-term return for GS and ^GSPC.

● GS● ^GSPC
2025
17.17%GS
2025
12.85%^GSPC
Excess
+4.32%GS − ^GSPC
20092025Annualized Return (%)

Price-return comparison. Rolling results are calculated from annual calendar-year returns and exclude the current incomplete year. Hover or tap a year to inspect the values.

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Use the TradingNInvestment The Goldman Sachs Group, Inc. Returns Chart

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Usage & Licensing

This TradingNInvestment research visualization and associated analysis are provided for personal, educational, and non-commercial research use with appropriate TradingNInvestment attribution.

Commercial reproduction, redistribution, resale, publication in commercial products or services, or removal of TradingNInvestment attribution requires prior permission.

For commercial licensing, publishing permissions, data partnerships, or other usage requests, Contact TradingNInvestment →

Underlying market data may be subject to separate third-party data-provider terms. TradingNInvestment permission applies to TradingNInvestment's original visualization, presentation, analysis, and associated research materials and does not grant rights to third-party data.

The Goldman Sachs Group, Inc. Annual Returns by Year: 2000 to Present

Showing 26 annual price-return observations for 2000–2025.

● Negative● 0% – <10%● ≥10%
YearGoldman Sachs Price ReturnReturn Category
2025+53.50%≥10%
2024+48.44%≥10%
2023+12.34%≥10%
2022-10.24%Negative
2021+45.06%≥10%
2020+14.69%≥10%
2019+37.64%≥10%
2018-34.43%Negative
2017+6.39%0% – <10%
2016+32.86%≥10%
2015-7.02%Negative
2014+9.35%0% – <10%
2013+38.96%≥10%
2012+41.06%≥10%
2011-46.22%Negative
2010-0.40%Negative
2009+100.07%≥10%
2008-60.76%Negative
2007+7.88%0% – <10%
2006+56.10%≥10%
2005+22.75%≥10%
2004+5.38%0% – <10%
2003+44.98%≥10%
2002-26.58%Negative
2001-13.27%Negative
2000+13.54%≥10%
The current year is reported as year-to-date (YTD). Historical figures shown on this page are The Goldman Sachs Group, Inc. price returns.

Interactive The Goldman Sachs Group, Inc. Return Statistics

Statistics below update with the selected filters. Average, median, best and worst annual returns use completed calendar years only, so the current YTD period does not distort historical annual statistics.

Average Annual Return
+15.08%
26 completed years
Median Annual Return
+12.94%
Completed years only
Positive Years
18
69.23% of completed years
Negative Years
8
30.77% of completed years
Best Year
+100.07%
2009
Worst Year
-60.76%
2008
Historical Coverage
2000 to Present
Return Type
Goldman Sachs Price Return
Data Source
Yahoo Finance — The Goldman Sachs Group, Inc. (GS)
THE GOLDMAN SACHS GROUP, INC. HISTORICAL MARKET RESEARCH

The Goldman Sachs Group, Inc. Historical Returns: What the Available Market History Shows

The history of The Goldman Sachs Group, Inc. returns shows how annual performance has varied across the available historical record.

This The Goldman Sachs Group, Inc. yearly returns database contains 26 completed calendar years from 2000 through 2025, plus the current 2026 year-to-date observation.

Across those 26 completed years, the average annual The Goldman Sachs Group, Inc. price return was +15.08%.

The median annual return was +12.94%.

Those summary statistics are useful, but the complete The Goldman Sachs Group, Inc. annual-return history provides more detail about how yearly performance has varied across the available record.

Looking at individual annual observations makes it possible to compare yearly outcomes using the same verified historical dataset.

POSITIVE YEAR HISTORY

Positive The Goldman Sachs Group, Inc. Years: Average Return +32.83%

One of the strongest findings in the historical The Goldman Sachs Group, Inc. returns dataset is the frequency of non-negative calendar years.

Of the 26 completed calendar years, 18 were non-negative.

That represents 69.23% of all completed years in the historical dataset.

In other words, roughly two-thirds of the completed calendar-year observations finished at or above where they began.

Across those 18 non-negative years, the average annual The Goldman Sachs Group, Inc. price return was +32.83%.

The median return among those non-negative years was +35.25%.

That median is useful because it shows that the positive-year average was not driven solely by a small number of extraordinary market gains.

Strongest Positive The Goldman Sachs Group, Inc. Year

The strongest completed year in the entire dataset was 2009, when the The Goldman Sachs Group, Inc. price return reached +100.07%.

For this research, a zero return is included in the non-negative group.

NEGATIVE YEAR HISTORY

Negative The Goldman Sachs Group, Inc. Years: Average Loss -24.86%

Negative years tell the other side of The Goldman Sachs Group, Inc. performance history.

Across the same 26 completed calendar years, 8 years were negative.

That represents 30.77% of completed years.

Looking only at those 8 negative years, the average annual The Goldman Sachs Group, Inc. price return was -24.86%.

The median negative-year return was -19.92%.

These figures show that a negative calendar year historically meant considerably more than simply finishing slightly below zero.

Worst The Goldman Sachs Group, Inc. Year

The worst calendar year in the dataset was 2008, when the The Goldman Sachs Group, Inc.price return fell -60.76%.

Negative calendar years occurred less frequently than non-negative calendar years, but several historical losses were substantial.

POSITIVE VS. NEGATIVE

What Positive and Negative The Goldman Sachs Group, Inc. Returns Show Together

Putting both groups together reveals one of the most important characteristics of historical The Goldman Sachs Group, Inc. returns.

There were 18 non-negative completed years compared with 8 negative completed years.

The average return during the 18 non-negative years was +32.83%.

The average return during the 8 negative years was -24.86%.

Across all 26 completed years together, the average annual The Goldman Sachs Group, Inc. price return was +15.08%.

The median annual return across the full historical period was +12.94%.

An investor rarely experiences the long-term historical average in any particular calendar year.

Instead, individual The Goldman Sachs Group, Inc. annual returns can vary substantially around that average.

That is one reason the complete The Goldman Sachs Group, Inc. historical returns by year table can be more informative than relying on a single long-term number.

AVERAGE RETURN

What Does the The Goldman Sachs Group, Inc. Average Return of +15.08% Mean?

Across the 26 completed calendar years in this dataset, the arithmetic The Goldman Sachs Group, Inc. average return was +15.08% per completed calendar year.

This is the arithmetic average of the individual annual price returns in the historical dataset.

It does not mean the market gained exactly 15.08% in a typical year.

Individual The Goldman Sachs Group, Inc. yearly returns frequently differed substantially from that number.

The median annual return of +12.94% provides a second way to evaluate the distribution.

Looking at both the average and median gives readers more information about historical The Goldman Sachs Group, Inc. returns than either statistic provides by itself.

These figures represent The Goldman Sachs Group, Inc. price returns, not total returns.

RECENT 3-YEAR VIEW

The Goldman Sachs Group, Inc. 3-Year Return View

The current The Goldman Sachs Group, Inc. 3-year return view covers 2024 through 2026 YTD.

Within that window, there are 2 completed calendar years.

The average annual price return across those completed years was +50.97%.

The median annual return was +50.97%.

2 of the 2 completed years were non-negative, representing 100.00% of completed observations.

0 completed years were negative, representing 0.00%.

The strongest completed year in the period was 2025 at +53.50%.

The weakest completed year was 2024 at +48.44%.

The current 2026 YTD return of +2.50% remains separate from those completed-year statistics.

3-Year Average Return Is Not the Same as 3-Year CAGR

The +50.97% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 3-year cumulative return or compound annual growth rate.

A true 3-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 26-year historical record when interpreting recent-period results.

RECENT 5-YEAR VIEW

The Goldman Sachs Group, Inc. 5-Year Return View

The current The Goldman Sachs Group, Inc. 5-year return view covers 2022 through 2026 YTD.

Within that window, there are 4 completed calendar years.

The average annual price return across those completed years was +26.01%.

The median annual return was +30.39%.

3 of the 4 completed years were non-negative, representing 75.00% of completed observations.

1 completed year was negative, representing 25.00%.

The strongest completed year in the period was 2025 at +53.50%.

The weakest completed year was 2022 at -10.24%.

The current 2026 YTD return of +2.50% remains separate from those completed-year statistics.

5-Year Average Return Is Not the Same as 5-Year CAGR

The +26.01% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 5-year cumulative return or compound annual growth rate.

A true 5-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 26-year historical record when interpreting recent-period results.

RECENT 10-YEAR VIEW

The Goldman Sachs Group, Inc. 10-Year Return View

The current The Goldman Sachs Group, Inc. 10-year return view covers 2017 through 2026 YTD.

Within that window, there are 9 completed calendar years.

The average annual price return across those completed years was +19.27%.

The median annual return was +14.69%.

7 of the 9 completed years were non-negative, representing 77.78% of completed observations.

2 completed years were negative, representing 22.22%.

The strongest completed year in the period was 2025 at +53.50%.

The weakest completed year was 2018 at -34.43%.

The current 2026 YTD return of +2.50% remains separate from those completed-year statistics.

10-Year Average Return Is Not the Same as 10-Year CAGR

The +19.27% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 10-year cumulative return or compound annual growth rate.

A true 10-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 26-year historical record when interpreting recent-period results.

RECENT 20-YEAR VIEW

The Goldman Sachs Group, Inc. 20-Year Return View

The current The Goldman Sachs Group, Inc. 20-year return view covers 2007 through 2026 YTD.

Within that window, there are 19 completed calendar years.

The average annual price return across those completed years was +15.22%.

The median annual return was +12.34%.

13 of the 19 completed years were non-negative, representing 68.42% of completed observations.

6 completed years were negative, representing 31.58%.

The strongest completed year in the period was 2009 at +100.07%.

The weakest completed year was 2008 at -60.76%.

The current 2026 YTD return of +2.50% remains separate from those completed-year statistics.

20-Year Average Return Is Not the Same as 20-Year CAGR

The +15.22% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 20-year cumulative return or compound annual growth rate.

A true 20-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 26-year historical record when interpreting recent-period results.

MARKET EXTREMES

Best and Worst The Goldman Sachs Group, Inc. Annual Returns

The strongest calendar-year price return in the dataset occurred in 2009 at +100.07%.

The worst annual price return occurred in 2008 at -60.76%.

These extremes are far removed from the full-dataset The Goldman Sachs Group, Inc. average return of +15.08%.

RETURN METHODOLOGY

The Goldman Sachs Group, Inc. Price Return vs. Total Return

Understanding the type of return used on this page is essential.

The historical figures presented here are The Goldman Sachs Group, Inc. price returns.

Price return measures the change in the market price of the asset between periods.

The figures on this page do not include dividends.

Therefore, these results should not be interpreted as The Goldman Sachs Group, Inc. total returns.

A total-return series would incorporate dividends or other distributions according to the methodology of that series.

The chart, historical table, filters, and statistics on this page represent The Goldman Sachs Group, Inc. price performance only.

2026 MARKET RETURN

The Goldman Sachs Group, Inc. Return 2026 YTD

The current dataset shows the The Goldman Sachs Group, Inc. return for 2026 at +2.50% YTD.

Unlike the completed historical calendar-year observations, 2026 is still in progress.

TradingNInvestment therefore displays the 2026 YTD return separately.

It is excluded from calculations such as the historical average, median, best completed year, and worst completed year.

This prevents a partial-year observation from being treated as though it were directly comparable with a completed calendar year.

The 2026 YTD result can change when the underlying verified market data is updated.

STATISTICAL CONTEXT

Why the Median The Goldman Sachs Group, Inc. Annual Return Matters

Average return is one of the most commonly quoted historical stock market statistics.

But the median provides useful additional information.

Across the 26 completed years, the median annual The Goldman Sachs Group, Inc. price return was +12.94%, compared with an average of +15.08%.

The difference indicates that the distribution of historical annual returns is not perfectly symmetrical.

Large negative years can pull the arithmetic average downward.

Average, median, positive-year frequency, negative-year frequency, best year, and worst year together provide a more complete view of historical The Goldman Sachs Group, Inc. returns.

No single statistic captures the entire history.

HISTORICAL FREQUENCY

How Often Have The Goldman Sachs Group, Inc. Returns Been Positive?

The dataset contains 18 non-negative years out of 26 completed years.

That corresponds to 69.23% of completed calendar years.

This is a historical frequency, not a probability forecast.

It would be incorrect to say that The Goldman Sachs Group, Inc. has a 69.23% probability of rising next year simply because 69.23% of these historical observations were non-negative.

Future market conditions can differ substantially from historical conditions.

The statistic describes what occurred across the observed period, not what must happen in the future.

HISTORICAL CONTEXT

Why Study Historical The Goldman Sachs Group, Inc. Returns?

Historical The Goldman Sachs Group, Inc. returns provide context that recent performance alone cannot provide.

A large gain or decline can appear unusual when viewed only against the most recent observations.

Comparing the current period with the available historical distribution helps show how it relates to earlier outcomes.

Historical returns can help investors, researchers, students, and analysts examine how annual performance has varied through the available record.

They can also reduce the tendency to use only recent performance as the reference point for evaluating the current year.

INTERACTIVE RESEARCH

How to Use the The Goldman Sachs Group, Inc. Return Explorer

The TradingNInvestment Return Explorer is designed to make historicalThe Goldman Sachs Group, Inc. returns easier to investigate.

Instead of presenting only a static chart, the tool allows readers to filter the same verified annual-return dataset.

Readers can examine all available years, non-negative years, negative years, and available historical periods.

The chart, annual-returns table, and summary statistics update from the same selected data.

Readers interested in downside history can examine the 8 negative calendar years in the completed-year dataset.

Readers studying non-negative historical performance can examine the 18 non-negative calendar years in the completed-year dataset.

When sufficient history is available, readers can also use the available period views to focus on more recent performance.

The purpose is not to predict the next The Goldman Sachs Group, Inc. return, but to make the available historical observations easier to explore and understand.

PERIOD SELECTION

Reading The Goldman Sachs Group, Inc. Performance History in Context

One of the biggest risks when studying historical returns is selecting a period that confirms an existing belief.

A short period can appear exceptionally strong or exceptionally weak depending on its starting and ending years.

Using the broader available The Goldman Sachs Group, Inc. history provides additional context for interpreting shorter periods.

Different historical windows can produce different average returns, frequencies of positive and negative years, and extreme outcomes.

None of those periods is inherently the single correct measure of historical performance. They answer different questions about different parts of the available record.

This is why TradingNInvestment provides both the available historical series and interactive period filters.

KEY TAKEAWAY

What the Available The Goldman Sachs Group, Inc. Return History Shows

The dataset contains 26 completed calendar years of The Goldman Sachs Group, Inc. price-return observations.

Of those completed years, 18 were non-negative and 8 were negative.

When completed years were non-negative, the average annual return was +32.83%.

When completed years were negative, the average annual return was -24.86%.

The strongest completed calendar year in the dataset was 2009 at +100.07%, while the weakest was 2008 at -60.76%.

The overall average annual The Goldman Sachs Group, Inc. price return across the 26 completed calendar years was +15.08%.

Together, these statistics provide a broader view of the historical return distribution than the average alone.

The complete The Goldman Sachs Group, Inc. annual-return dataset allows readers to examine the individual yearly observations behind the summary statistics.

TradingNInvestment aims to make market history simple to read, easy to understand, and rigorous enough to support serious market research.

Research Context

The Goldman Sachs Group, Inc. Historical Returns Research

This TNI research page examines The Goldman Sachs Group, Inc. annual price returns by calendar year. The published dataset covers 2000–2025and separates completed historical years from current-year performance.

Annual price return is calculated from the final available closing price of each calendar year relative to the final available closing price of the prior calendar year. The page provides the year-by-year dataset, historical statistics, interactive visualization, and research methodology.

GOLDMAN SACHS STOCK INTELLIGENCE

Goldman Sachs Stock Returns FAQ

Frequently asked questions based on TNI's verified historical annual-return dataset.

What is Goldman Sachs's historical average annual return?

Across 26 completed calendar years, Goldman Sachs's average annual goldman sachs price return was +15.08%. The current partial year is excluded from this historical average.

What is Goldman Sachs's 5-year return?

Over the latest five completed calendar years (2021–2025), Goldman Sachs produced a cumulative return of +233.32%, equivalent to an annualized return of +27.22%.

What is Goldman Sachs's 10-year return?

Over the latest ten completed calendar years (2016–2025), Goldman Sachs produced a cumulative return of +387.71%, equivalent to an annualized return of +17.17%.

How often has Goldman Sachs had a non-negative year?

Goldman Sachs had a non-negative annual return in 18 of 26 completed calendar years, or 69.23% of the historical observations in this dataset.

What were Goldman Sachs's best and worst years?

Goldman Sachs's strongest completed calendar year in this dataset was 2009, with a return of +100.07%. Its weakest was 2008, with a return of -60.76%.

How does Goldman Sachs compare with the S&P 500?

The S&P 500 comparison on this page places Goldman Sachs's annual price returns beside the benchmark on a year-by-year basis. This keeps the comparison on the same price-return basis rather than mixing price return with dividend-adjusted total return.

Methodology & Source

How the annual returns are calculated

Annual price return is calculated using the final available close of each calendar year relative to the final available close of the prior calendar year. The current calendar year is shown as YTD and is excluded from completed-year summary statistics.

Data Source: Yahoo Finance — The Goldman Sachs Group, Inc. (GS). Return Type: Goldman Sachs Price Return.

MARKET INTELLIGENCEDELAYED

Latest Market Intelligence

Selected market-moving developments identified by TNI.

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Historical Returns Tell You What Happened Before. See What Is Happening Now.

Historical The Goldman Sachs Group, Inc. returns provide context for long-term market performance, strong years, drawdowns, and changing market conditions. TNI Intelligence tracks current market-moving news and live market intelligence as conditions change.

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