What if you invested $1,000 in Goldman Sachs in 2023? (Inflation-Adjusted)

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

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Nominal returns can be misleading over long periods. $1,000 in Goldman Sachs in 2023 became $3,071 by 2026. Over those 4 years, cumulative CPI inflation reached 5% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2023 dollars is $2,925, a real annualized return of +35.9%.

Nominal final value

$3,071

+207.1% total return

Real value (2023 dollars)

$2,925

+192.5% real total return

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Real annualized return

+35.9%

vs. +37.8% nominal annualized

Cumulative CPI-U inflation since 2023: 5% (1 dollar in 2023 = $1.05 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Goldman Sachs since 2023, values in constant 2023 dollars

YearNominal ValueReal Value (2023 $)
2023$1,000$1,000
2024$1,083$1,052
2025$1,850$1,762
2026$2,757$2,626

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 2023 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.