What if you invested $1,000 in Goldman Sachs in 2020? (Inflation-Adjusted)

GS · Financial · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

A $1,000 investment in Goldman Sachs in 2020 grew to $4,122 in nominal terms. But 2020 dollars had 25% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $3,298 in constant 2020 dollars, equivalent to a +21.2% real annualized return.

Nominal final value

$4,122

+312.2% total return

Real value (2020 dollars)

$3,298

+229.8% real total return

Real annualized return

+21.2%

vs. +25.4% nominal annualized

Cumulative CPI-U inflation since 2020: 25% (1 dollar in 2020 = $1.25 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Goldman Sachs since 2020, values in constant 2020 dollars

YearNominal ValueReal Value (2020 $)
2020$1,000$1,000
2021$1,168$1,112
2022$1,555$1,356
2023$1,646$1,382
2024$1,782$1,454
2025$3,044$2,435
2026$4,537$3,630

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 2020 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.