What if you invested $1,000 in Goldman Sachs in 1999? (Inflation-Adjusted)
GS · Financial · Adjusted to 2026 dollars using BLS CPI-U data
View nominal (non-adjusted) versionNominal returns can be misleading over long periods. $1,000 in Goldman Sachs in 1999 became $18,077 by 2026. Over those 27 years, cumulative CPI inflation reached 0% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 1999 dollars is $18,077, a real annualized return of +11.2%.
Nominal final value
$18,077
+1707.7% total return
Real value (1999 dollars)
$18,077
+1707.7% real total return
Real annualized return
+11.2%
vs. +11.2% nominal annualized
Year-by-Year (Inflation-Adjusted)
$1,000 in Goldman Sachs since 1999, values in constant 1999 dollars
| Year | Nominal Value | Real Value (1999 $) |
|---|---|---|
| 1999 | $1,000 | $1,000 |
| 2000 | $1,354 | $2,654 |
| 2001 | $1,690 | $3,227 |
| 2002 | $1,299 | $2,429 |
| 2003 | $1,025 | $1,876 |
| 2004 | $1,512 | $2,692 |
| 2005 | $1,656 | $2,847 |
| 2006 | $2,188 | $3,654 |
| 2007 | $3,314 | $5,369 |
| 2008 | $3,138 | $4,895 |
| 2009 | $1,280 | $2,010 |
| 2010 | $2,388 | $3,653 |
| 2011 | $2,652 | $3,899 |
| 2012 | $1,828 | $2,632 |
| 2013 | $2,465 | $3,475 |
| 2014 | $2,772 | $3,853 |
| 2015 | $2,950 | $4,100 |
| 2016 | $2,801 | $3,837 |
| 2017 | $4,037 | $5,410 |
| 2018 | $4,776 | $6,208 |
| 2019 | $3,579 | $4,545 |
| 2020 | $4,385 | $5,482 |
| 2021 | $5,122 | $6,096 |
| 2022 | $6,817 | $7,431 |
| 2023 | $7,217 | $7,578 |
| 2024 | $7,816 | $7,972 |
| 2025 | $13,350 | $13,350 |
| 2026 | $19,898 | $19,898 |
Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 1999 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.