ROLLING 10 -YEAR STOCK MARKET RETURN - Crestmont Research

ROLLING 10-YEAR STOCK MARKET RETURN

Total Return Before Transaction Costs (1900-2023)

S&P 500: Annualized Return

20%

15%

Avg. = 10%

10%

5%

0%

-5%

-10%

1909

1923

1937

1951

1965

1979

1993

2007

2021

Ending Year Of 10-Year Period

Copyright 2004-2024, Crestmont Research ()

10-YEAR STOCK MARKET RETURN (COMPONENTS)

Total Return Before Transaction Costs (1900-2023)

S&P 500: Annualized Return

20%

15%

10%

5%

0%

-5%

-10%

1909

1923

1937

P/E Increase

1951

1965

P/E Decrease

1979

1993

Dividend Yield

2007

2021

EPS Growth

Copyright 2004-2024, Crestmont Research ()

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