Global Earnings Growth Global earnings growth has climbed about 15% year-on-year in Q4 2025, the strongest pace in years, powered by robust gains in U.S. tech and a resurgence across emerging markets. Image: Deutsche Bank Asset Allocation
Global Earnings Revision Ratio The global earnings revision ratio is still improving. Image: BofA Global Quantitative Strategy
Global EPS – Global Earnings Growth This chart highlights the strong recovery in global earnings growth. Image: Fidelity Investments
Global Earnings Growth Chart showing that the gap between U.S. earnings growth and non-U.S. earnings growth is narrowing. Image: Fidelity Investments
Semiconductor Sales vs. Global Earnings per Share The chart shows that semiconductor sales suggest a collapse in corporate earnings. Image: Jeroen Blokland
Global Earnings since 2006 This chart shows global earnings since 2006 (USA, Emerging Markets, Japan and Europe). As Warren Buffett said: “for 240 years, it’s been a terrible mistake to bet against America.” This chart below illustrates it well since 2006. You may also like “Earnings Matter, Over the Long Run.” Source: J.P. Morgan Asset Management
Global Equity Forward Earnings Global earnings growth exceeding 15% is rare outside of post-recession recoveries or major economic booms. Right now, the backdrop for businesses is unusually strong. Image: Deutsche Bank Research
Earnings – Global Manufacturing PMI New Orders vs. World Trailing 12-Month EPS (Leading Indicator) Global manufacturing PMI new orders tend to lead world EPS growth by 12 months. Image: BofA Global Research
Global Manufacturing PMI Leads Earnings The chart suggests that Global Manufacturing PMI leads earnings by 9 months. Image: Charles Schwab
YTD Change in S&P 500 Price, Earnings, and Valuation The S&P 500 has pushed higher this year, but valuations have eased as earnings expectations outpace price gains. When profits accelerate, markets can rise without stretching multiples. Image: Goldman Sachs Global Investment Research
Earnings Surprises of S&P 500 Companies Earnings season keeps reinforcing the same message: corporate profits aren’t cracking yet, with 61% of S&P 500 firms smashing Q1 estimates by at least a standard deviation, while just 5% fell short. Image: Goldman Sachs Global Investment Research