S&P 500 Sales Growth vs Earnings Growth

Growth index From 2001 - 2024



Data updated: May 2024

S&P 500 Sales Growth vs Earnings Growth

S&P 500's Sales vs Earnings Growth is calculated by dividing Sales Growth (%) by the index's Earnings Growth (%).

When the number is below 1, that means sales growth is faster than earnings growth (lower operating margins). Likewise, an index of above 1 means faster earnings growth and higher operating margins.

For example, if S&P 500's sales grew by 10% and earnings grew by 20%, then their Sales vs Earnings growth would be 0.5 because sales is half it's earnings growth. This page aims to provide a visual representation of S&P index of companies' sales versus earnings growth percentages over the last 2 decades. The data shown uses the average growth data per year, adjusted for inflation in US dollars.

Growth index data are inflation adjusted 2024


References & Sources

S&P Dow Jones Indices