S&P 500 Annual Return: Dividends, Earnings Growth and Multiple Expansion

S&P 500 Annual Return: Dividends, Earnings Growth and Multiple Expansion In 2019, the S&P 500 rose 31.5%. 26.9% came from multiple expansion, 2.6% from dividends, and 2.0% from earnings growth. Historically, S&P multiples contract or remain flat following years of big multiple expansion. Image: Richardson GMP

Earnings Growth and S&P 500

Earnings Growth and S&P 500 Rebound in earnings coming in 2020? Analysts expect a 9.5% jump this year. Image: CNBC

S&P 500 Earnings Growth Forecast

S&P 500 Earnings Growth Forecast Morgan Stanley is cautious and expects S&P 500 earnings growth to be flat this year. Image: Morgan Stanley Research

Global Earnings Growth

Global Earnings Growth Chart showing that the gap between U.S. earnings growth and non-U.S. earnings growth is narrowing. Image: Fidelity Investments

U.S. Earnings Growth in 2020

U.S. Earnings Growth in 2020 Chart suggesting that U.S. corporate earnings growth should expand into 2020. Image: LPL Financial LLC

S&P 500 Earnings Growth

S&P 500 Earnings Growth S&P 500 EPS growth could turn negative amid the trade war. Image: Morgan Stanley Research

Earnings Growth and the Fed Cycle

Earnings Growth and the Fed Cycle Analysts remain optimistic on 2020. This chart shows the expected earnings growth over the next 12 months. Image: Fidelity Investments

U.S. Equities and The World: Earnings Growth vs. Multiple Expansion

U.S. Equities and The World: Earnings Growth vs. Multiple Expansion Since the 2009 low, the strong performance of the U.S. markets comes from earnings growth (73%) and multiple expansion (27%). You may also like “S&P 500 Return: Earnings Growth vs. Multiple Expansion.” Image: Goldman Sachs Global Investment Research