After-Tax Nonfinancial Corporate Profits as Share of Gross Value Added

After-Tax Nonfinancial Corporate Profits as Share of Gross Value Added While U.S. corporate profits fell in Q1 2025 due to higher costs and economic uncertainty, they remain historically high, reflecting both the strength and the vulnerability of large companies in the current economic climate. Image: Bloomberg

Cumulative Change in Real S&P 500 and Real Profits

Cumulative Change in Real S&P 500 and Real Profits The widening gap between the real S&P 500 index and real corporate profits is raising red flags about a potential stock market bubble. Image: Real Investment Advice

EPS Growth – Political Party and S&P 500 Profits Cycle

EPS Growth – Political Party and S&P 500 Profits Cycle While election results can impact markets in the short term, the underlying profitability of companies is a stronger driver of stock prices over time. Image: BofA US Equity & US Quant Strategy

Share of U.S. Corporate Profits from Foreign Markets

Share of U.S. Corporate Profits from Foreign Markets Foreign markets, including emerging markets, significantly contribute to the profits of U.S. corporations. Specifically, they account for 16% of U.S. corporate profits, with emerging markets making up 4% of these profits. Image: Goldman Sachs Global Investment Research

ISM Composite Index vs. Corporate Profits

ISM Composite Index vs. Corporate Profits The decline in the ISM Composite Index indicates a weakening of the U.S. economy, which could lead to lower corporate profits. Image: Merrill Lynch Wealth Management

Corporate Profits After Tax vs. S&P 500

Corporate Profits After Tax vs. S&P 500 The gap between the S&P 500 and corporate profits after tax remains wide. Has the S&P 500 more room to fall? Image: Real Investment Advice

After-Tax Corporate Profits as a Share of GDP

After-Tax Corporate Profits as a Share of GDP Profit margins have risen sharply to an all-time high in the third quarter of 2021. Image: Goldman Sachs Global Investment Research