Goldman Sachs (GS)
S&P 500 · Top 100 by market cap · Financials · data since 1999-05-04 · last close 2026-09-09
Goldman Sachs (GS) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.4 | -8.1 | -1.1 | 9.2 | 11.0 | -1.4 | 0.7 | 0.3 | 0.8 | · | · | · |
| 2025 | 11.8 | -2.4 | -12.2 | 0.2 | 10.2 | 17.9 | 2.2 | 3.5 | 6.9 | -0.9 | 4.7 | 6.9 |
| 2024 | -0.5 | 2.0 | 7.4 | 2.2 | 7.6 | -0.9 | 12.5 | 0.8 | -3.0 | 4.6 | 17.5 | -5.4 |
| 2023 | 6.5 | -3.9 | -6.3 | 5.0 | -5.0 | -0.4 | 10.3 | -7.2 | -1.3 | -6.2 | 13.4 | 12.9 |
| 2022 | -7.3 | -3.8 | -2.7 | -7.5 | 7.7 | -9.1 | 12.2 | 0.5 | -11.9 | 17.6 | 12.8 | -11.1 |
| 2021 | 2.8 | 17.8 | 2.8 | 6.6 | 7.1 | 2.0 | -1.2 | 10.8 | -8.6 | 9.3 | -7.8 | 0.9 |
| 2020 | 3.4 | -15.0 | -23.0 | 18.6 | 7.8 | 0.6 | 0.2 | 4.1 | -1.9 | -5.9 | 22.0 | 15.0 |
| 2019 | 18.5 | -0.3 | -2.4 | 7.3 | -11.0 | 12.1 | 7.6 | -6.8 | 1.6 | 3.0 | 4.3 | 3.9 |
| 2018 | 5.2 | -1.6 | -4.2 | -5.4 | -4.9 | -2.4 | 7.6 | 0.5 | -5.7 | 0.5 | -15.1 | -12.4 |
| 2017 | -4.2 | 8.4 | -7.4 | -2.6 | -5.3 | 5.0 | 1.6 | -0.4 | 6.0 | 2.2 | 2.5 | 2.9 |
| 2016 | -10.4 | -7.0 | 5.0 | 4.5 | -2.4 | -6.8 | 6.9 | 7.1 | -4.8 | 10.5 | 23.4 | 9.2 |
| 2015 | -11.1 | 10.4 | -1.0 | 4.5 | 5.3 | 1.3 | -1.8 | -7.7 | -7.9 | 7.9 | 1.7 | -5.2 |
| 2014 | -7.4 | 1.8 | -1.6 | -2.5 | 0.3 | 4.8 | 3.2 | 3.9 | 2.5 | 3.5 | -0.5 | 2.9 |
| 2013 | 15.9 | 1.6 | -1.7 | -0.7 | 11.3 | -6.7 | 8.4 | -7.0 | 4.0 | 1.7 | 5.4 | 4.9 |
| 2012 | 23.3 | 3.6 | 8.0 | -7.4 | -16.5 | 0.2 | 5.3 | 5.2 | 7.5 | 7.7 | -3.4 | 8.3 |
| 2011 | -2.7 | 0.3 | -3.2 | -4.8 | -6.6 | -5.4 | 1.4 | -13.6 | -18.6 | 15.9 | -12.2 | -5.7 |
| 2010 | -11.9 | 5.4 | 9.1 | -14.9 | -0.4 | -9.0 | 14.9 | -9.0 | 5.6 | 11.4 | -2.9 | 7.7 |
| 2009 | -4.3 | 13.4 | 16.4 | 21.2 | 12.8 | 2.0 | 10.8 | 1.5 | 11.4 | -7.7 | -0.1 | -0.5 |
| 2008 | -7.0 | -15.0 | -2.5 | 15.9 | -7.8 | -0.9 | 5.4 | -10.9 | -21.9 | -27.5 | -14.6 | 6.8 |
| 2007 | 6.6 | -4.9 | 2.4 | 6.0 | 5.6 | -6.1 | -12.9 | -6.5 | 23.1 | 14.6 | -8.6 | -5.1 |
| 2006 | 10.8 | 0.0 | 11.1 | 2.3 | -5.8 | -0.3 | 1.8 | -2.7 | 13.8 | 12.4 | 2.6 | 2.3 |
| 2005 | 3.9 | 0.9 | 1.1 | -2.7 | -8.7 | 4.6 | 5.6 | 3.4 | 9.3 | 4.2 | 2.0 | -1.0 |
| 2004 | 1.1 | 6.3 | -1.4 | -7.0 | -2.9 | 0.3 | -6.1 | 1.7 | 4.0 | 5.8 | 6.5 | -0.7 |
| 2003 | 0.2 | 2.0 | -2.0 | 11.7 | 7.4 | 2.8 | 4.3 | 1.6 | -5.2 | 12.2 | 2.3 | 2.8 |
| 2002 | -6.1 | -6.9 | 11.5 | -12.6 | -4.2 | -2.8 | -0.1 | 5.7 | -14.6 | 8.6 | 10.2 | -13.5 |
| 2001 | 6.5 | -19.3 | -7.3 | 7.2 | 4.4 | -9.8 | -2.9 | -3.7 | -10.9 | 9.7 | 13.9 | 4.2 |
| 2000 | -2.6 | 1.0 | 13.8 | -11.3 | -21.1 | 28.8 | 4.3 | 31.2 | -11.9 | -12.4 | -17.7 | 30.2 |
| 1999 | · | · | · | · | -3.5 | 6.3 | -11.0 | -6.8 | 2.0 | 16.6 | 5.8 | 25.4 |
| Avg | 1.8 | -0.5 | 0.3 | 1.6 | -0.3 | 1.0 | 3.3 | -0.0 | -1.1 | 4.4 | 2.5 | 3.2 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
GS seasonality — average by calendar month
Goldman Sachs has monthly history back to 1999. Its strongest month by median is October — positive in 21 of 27 years, median +5.8%, and higher in 6 of the last 9. March is the soft spot, down in 16 of 27 with a median of -1.4%. Across its full record it has closed 57% of months higher, swings ±9.1% in an average month and has fallen 78.8% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +1.8% | -0.5% | +0.3% | +1.6% | -0.3% | +0.9% | +3.3% | -0.0% | -1.1% | +4.4% | +2.5% | +3.2% |
| Win rate | 56%/27 | 56%/27 | 41%/27 | 56%/27 | 46%/28 | 50%/28 | 75%/28 | 57%/28 | 48%/27 | 78%/27 | 63%/27 | 63%/27 |
Win rate = share of positive months / sample size.
GS risk & extremes
GS drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
Related stocks
Frequently asked questions
What was Goldman Sachs's best month?+
Goldman Sachs's strongest completed month on record is August 2000, at +31.22%.
What was Goldman Sachs's worst month?+
Its weakest completed month on record is October 2008, at -27.51%.
Is Goldman Sachs up this year?+
Goldman Sachs is up 17.66% year to date, measured from its last close before 1 January.
What is Goldman Sachs's 1-year return?+
+36.05% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Goldman Sachs's biggest drawdown?+
The deepest peak-to-trough fall on record is 78.8%, measured on month-end closes since 1999.
Which calendar month is historically best for Goldman Sachs?+
October has the highest average return across every completed October since 1999. An average is not a forecast.
About Goldman Sachs
Goldman Sachs is an S&P 500 company, a financials business worth about $300 billion. It has survived more market cycles than most coins have months — with price receipts on this site going back to 1999. And the long game: $100 at its first close here (1999) would be about $2,182 today.
Did you know?
- Its best month on record was August 2000 at +31.22%; its worst, October 2008 at -27.51%.
- It has closed October in the green 21 out of 27 times — calendar astrology, but the fun kind.
Trivia for entertainment — the numbers come from our price data; the jokes don't.