S&P 500 Sectors & Industries Forward Profit Margins
S&P 500 Sectors & Industries Forward Profit Margins (weekly)
Yardeni Research, Inc.
May 18, 2022
Dr. Edward Yardeni
516-972-7683 eyardeni@
Joe Abbott
732-497-5306 jabbott@
Mali Quintana
480-664-1333 aquintana@"
Please visit our sites at blog.
thinking outside the box
Table Of Contents Table Of Contents
S&P 500 Forward Profit Margins S&P 500 Profit Margin S&P 500 Sectors Forward Profit Margins Communication Services & Utilities Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Utilities
3 4 5 6-7 8 9 10-11 12 13-14 15 16-17 18
May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
S&P 500 Profit Margin
Figure 1.
18
16 S&P 500 Forward Profit Margin*
14
(percent)
5/12
12
10
8
S&P 500 (13.4)
6
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
HEALTH CARE
14 5/12
12 5/12
10
(11.0)
8
6 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
18
16 COMMUNICATION SERVICES
5/12
14
5/12
12
10
8
(16.1)
6 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
INDUSTRIALS
14 5/12
12
5/12
10
(10.3)
8
6 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
18
15 CONSUMER DISCRETIONARY
5/12 12
9
5/12
6
3
(7.7)
0 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
INFORMATION TECHNOLOGY
30
5/12
25
20
(25.4) 5/12
15
10
5 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
16
14 CONSUMER STAPLES
5/12
12
10
8
(7.4)
5/12
6
4 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
MATERIALS
16
5/12
14
12
10
8
(13.6)
6
4 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
20
15 ENERGY
5/12
10
5/12
5
0 (11.4)
-5 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
20
REAL ESTATE
18
5/12
16
5/12
14
12
10
(16.9)
8
6 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
25
FINANCIALS
20
5/12
15 5/12
10 (18.9)
5 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
* Forward earnings divided by forward revenues. Source: I/B/E/S data by Refinitiv.
UTILITIES
16
55//1122
14
12
10
(13.9)
8
6
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Page 3 / May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
S&P 500 Sectors Forward Profit Margins
Figure 2.
16
S&P 500 14 (forward profit margin, percent)
12
23 5/12 22
HEALTH CARE (11.0)
12.0
11.5
22 23 5/12
11.0
10
Annual
10.5
8
Forward* (13.4)
10.0
6
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 20
COMMUNICATION SERVICES
23
15
(16.1)
22
5/12
9.5
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
12
INDUSTRIALS
23
(10.3)
22
5/12
10
10
8
5 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
11
CONSUMER DISCRETIONARY
9
23
7
22
5/12
5
3
(7.7)
1
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
8.5
CONSUMER STAPLES
8.0
23
22
7.5
5/12
7.0
6.5
6.0
(7.4)
5.5 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
15
ENERGY
12
5/12
9 23
6
(11.4)
22
3
0 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
24
FINANCIALS
20
23 5/12
22
16
12
(18.9)
8
Includes Real Estate through September 2016
4 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
6 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
30
INFORMATION TECHNOLOGY
23 5/12
25
22
20
(25.4)
15
10
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
16
MATERIALS
23 5/12
14
12
22
10
8
(13.6)
6
4 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
21
REAL ESTATE
18 23 5/12
15 22
12
(16.9)
9
6
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
16
UTILITIES
22 23
5/12
14
12
(13.9)
10
8
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
* Time-weighted average of the consensus estimates for current and next year. Source: I/B/E/S data by Refinitiv.
Page 4 / May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
Communication Services & Utilities
Figure 3.
20
20
S&P 500 FORWARD PROFIT MARGINS: COMMUNICATION SERVICES
(projected forward profit margin, percent)
Communication Services Sector (16.1) 5/12
15
Alternative Carriers (8.6)
15
Integrated Telecommunication (15.7)
Wireless Telecommunication (6.4)
10
10
5
5
0
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Figure 4.
35
S&P 500 FORWARD PROFIT MARGINS: COMMUNICATION SERVICES (projected forward profit margin, percent)
30 Communication Services Sector (16.1)
Advertising (10.4)
Broadcasting (12.3)
25
Cable & Satellite (12.3)
Interactive Home Entertainment (26.0)
Interactive Media & Services (22.7)
20
Movies & Entertainment (9.5)
Publishing (3.7)
15
35
30
25
20 5/12
15
10
10
5
5
0
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Page 5 / May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
Consumer Discretionary
Figure 5.
15
S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY (projected forward profit margin, percent)
10
5
15
10 5/12
5
0
0
Consumer Discretionary Sector (7.7)
Automobile Manufacturers (7.6)
-5
Auto Parts & Equipment (6.7)
-5
-10
-10
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Figure 6.
25
25
S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY
(projected forward profit margin, percent)
20
20
15
15
10
10
5/12
5
5
0
0
-5
Consumer Discretionary Sector (7.7)
-5
Casinos & Gaming (1.9)
-10
Hotels, Resorts & Cruise Lines (9.3)
-10
Restaurants (17.2)
-15
-15
-20
-20
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Page 6 / May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
Consumer Discretionary
Figure 7.
12
12
S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY
(projected forward profit margin, percent)
10
10
8
8
5/12
6
6
4
Consumer Discretionary Sector (7.7)
4
Apparel Retail (7.8)
Specialty Stores (10.8)
2
2
0
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Figure 8.
15
15
14
S&P 500 FORWARD PROFIT MARGINS*: CONSUMER DISCRETIONARY (percent)
14
13
13
Consumer Discretionary Sector (7.7)
12
Computer & Electronics Retail (4.5)
12
Home Improvement Retail (10.4)
11
Homebuilding (15.1)
11
10
Household Appliances (6.6)
10
Internet & Direct Marketing Retail (2.9)
9
9
8
8
5/12
7
7
6
6
5
5
4
4
3
3
2
2
Margins capped at 2% due to extreme values. 1
1
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
* Forward earnings divided by forward revenues. Source: I/B/E/S data by Refinitiv.
Page 7 / May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
Consumer Staples
Figure 9.
18
18
S&P 500 FORWARD PROFIT MARGINS: CONSUMER STAPLES
(projected forward profit margin, percent)
16
16
14
14
12
Consumer Staples Sector (7.4)
12
Household Products (15.7)
Packaged Foods & Meats (9.8)
10
10
Personal Products (9.7)
8
8
5/12
6
6
4
4
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Figure 10.
40
40
S&P 500 FORWARD PROFIT MARGINS: CONSUMER STAPLES
(projected forward profit margin, percent)
35
Consumer Staples Sector (7.4)
35
Brewers (8.0)
Drug Retail (3.2)
30
Soft Drinks (16.1)
30
Tobacco (35.2)
25
25
20
20
15
15
10
10
5/12
5
5
0
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: I/B/E/S data by Refinitiv.
Page 8 / May 18, 2022 / S&P 500 Sectors & Industries Forward Profit Margins
Yardeni Research, Inc.
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- profitability in the semiconductor industry
- fmcg industry financial performance
- 2019 health industry commentary
- industry report spa profitability handbook
- calculate analyze your financial ratios
- profitability and royalty rates across industries some
- s p 500 sectors industries profit margins
- financial management 4 things every pool service
- costs and margins in the retail supply chain
- s p 500 sectors industries forward profit margins
Related searches
- blackrock s p 500 index fund
- vanguard s p 500 fund performance
- blackrock s p 500 stock fund
- s p 500 index morningstar
- ishares s p 500 index a
- s p 500 index funds vanguard
- blackrock s p 500 index vi
- blackrock s p 500 mutual fund
- blackrock s p 500 index fund symbol
- blackrock s p 500 index cit n
- vanguard s p 500 admiral fund
- s p 500 annual returns table