Investissement

S&P 500 Profit Margin History

S&P 500 Profit Margin History
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S&P 500 Profit Margin History

On this page, you’ll find an automatically updating history of the S&P 500 profit margin and the profit margin using the most recent trailing twelve month sales and earnings data. Additionally, find summary statistics on the maximum, minimum, average, and median profit margin, along with the history of the S&P 500 profit margin.

Under the exhaustive profit margin table, you’ll find a visualization tool. Use it to graph the S&P 500 profit margin for the date range of your interest.

S&P 500 Profit Margin History Tool

Historical S&P 500 Profit Margin

Below is the monthly history of the S&P 500 Profit Margin ratio. Use the S&P 500 Return Calculator to see the most recent data details. Use the accordion below to expand the section and reveal the profit margin data.

The table shows the monthly estimates of earnings and sales per share, then the resulting monthly profit margin.

Historical S&P 500 Profit Margin by Month

The index value is the average closing price in a given month, while the sales and earnings are both the trailing 12-month (TTM) revenues. These are not point readings; they are estimates for individual months plus the previous eleven months to total one year.

The tool will extend the last known earnings and sales data for the most recent quarter or two. You’ll see this in the repeating numbers at the end of the table.

Month Index Average TTM Sales/Sh TTM Earnings/Sh Profit Margin
01-1946 18.020000 $0.94 $16.21 5.8%
02-1946 18.070000 $0.92 $16.61 5.54%
03-1946 17.530000 $0.90 $16.98 5.3%
04-1946 18.660000 $0.88 $17.38 5.06%
05-1946 18.700000 $0.86 $17.76 4.84%
06-1946 18.580000 $0.84 $18.16 4.63%
07-1946 18.050000 $0.86 $18.55 4.62%
08-1946 17.700000 $0.87 $18.94 4.61%
09-1946 15.090000 $0.89 $19.34 4.6%
10-1946 14.750000 $0.95 $19.73 4.8%
11-1946 14.690000 $1.00 $20.13 4.98%
12-1946 15.130000 $1.06 $20.52 5.16%
01-1947 15.210000 $1.13 $21.22 5.33%
02-1947 15.800000 $1.20 $21.91 5.48%
03-1947 15.160000 $1.27 $22.54 5.63%
04-1947 14.600000 $1.33 $23.23 5.71%
05-1947 14.340000 $1.38 $23.90 5.79%
06-1947 14.840000 $1.44 $24.60 5.85%
07-1947 15.770000 $1.48 $25.28 5.84%
08-1947 15.460000 $1.51 $25.99 5.82%
09-1947 15.060000 $1.55 $26.70 5.81%
10-1947 15.450000 $1.57 $27.40 5.73%
11-1947 15.270000 $1.59 $28.13 5.65%
12-1947 15.030000 $1.61 $28.84 5.58%
01-1948 14.830000 $1.64 $29.32 5.6%
02-1948 14.100000 $1.68 $29.81 5.62%
03-1948 14.300000 $1.71 $30.26 5.65%
04-1948 15.400000 $1.76 $30.73 5.73%
05-1948 16.150000 $1.81 $31.18 5.81%
06-1948 16.820000 $1.86 $31.64 5.88%
07-1948 16.420000 $1.93 $32.07 6.02%
08-1948 15.940000 $2.00 $32.52 6.15%
09-1948 15.760000 $2.07 $32.96 6.28%
10-1948 16.190000 $2.14 $33.38 6.42%
11-1948 15.290000 $2.22 $33.81 6.56%
12-1948 15.190000 $2.29 $34.23 6.69%
01-1949 15.360000 $2.32 $34.29 6.77%
02-1949 14.770000 $2.35 $34.35 6.84%
03-1949 14.910000 $2.38 $34.40 6.92%
04-1949 14.890000 $2.39 $34.35 6.95%
05-1949 14.780000 $2.39 $34.29 6.98%
06-1949 13.970000 $2.40 $34.24 7.01%
07-1949 14.760000 $2.40 $34.07 7.03%
08-1949 15.290000 $2.39 $33.90 7.06%
09-1949 15.490000 $2.39 $33.73 7.08%
10-1949 15.890000 $2.37 $33.45 7.07%
11-1949 16.110000 $2.34 $33.16 7.07%
12-1949 16.540000 $2.32 $32.88 7.05%
01-1950 16.880000 $2.34 $33.01 7.08%
02-1950 17.210000 $2.35 $33.14 7.1%
03-1950 17.350000 $2.37 $33.25 7.13%
04-1950 17.840000 $2.43 $33.49 7.25%
05-1950 18.440000 $2.48 $33.72 7.37%
06-1950 18.740000 $2.54 $33.95 7.48%
07-1950 17.380000 $2.60 $34.29 7.58%
08-1950 18.430000 $2.66 $34.65 7.68%
09-1950 19.080000 $2.72 $35.00 7.77%
10-1950 19.870000 $2.76 $35.46 7.78%
11-1950 19.830000 $2.80 $35.93 7.79%
12-1950 19.750000 $2.84 $36.39 7.81%
01-1951 21.210000 $2.84 $36.86 7.7%
02-1951 22.000000 $2.83 $37.32 7.59%
03-1951 21.630000 $2.83 $37.75 7.5%
04-1951 21.920000 $2.79 $38.23 7.31%
05-1951 21.930000 $2.76 $38.70 7.12%
06-1951 21.550000 $2.72 $39.18 6.94%
07-1951 21.930000 $2.65 $39.67 6.68%
08-1951 22.890000 $2.58 $40.18 6.42%
09-1951 23.480000 $2.51 $40.68 6.17%
10-1951 23.360000 $2.49 $41.20 6.04%
11-1951 22.710000 $2.46 $41.74 5.9%
12-1951 23.410000 $2.44 $42.26 5.77%
01-1952 24.190000 $2.43 $42.68 5.69%
02-1952 23.750000 $2.41 $43.10 5.6%
03-1952 23.810000 $2.40 $43.50 5.52%
04-1952 23.740000 $2.38 $43.78 5.44%
05-1952 23.730000 $2.36 $44.05 5.36%
06-1952 24.380000 $2.34 $44.32 5.28%
07-1952 25.080000 $2.35 $44.52 5.27%
08-1952 25.180000 $2.35 $44.73 5.26%
09-1952 24.780000 $2.36 $44.93 5.25%
10-1952 24.260000 $2.37 $45.26 5.24%
11-1952 25.030000 $2.39 $45.59 5.23%
12-1952 26.040000 $2.40 $45.92 5.23%
01-1953 26.180000 $2.41 $46.26 5.21%
02-1953 25.860000 $2.42 $46.59 5.19%
03-1953 25.990000 $2.43 $46.90 5.18%
04-1953 24.710000 $2.46 $47.30 5.19%
05-1953 24.840000 $2.48 $47.68 5.21%
06-1953 23.950000 $2.51 $48.08 5.22%
07-1953 24.290000 $2.52 $48.40 5.21%
08-1953 24.390000 $2.54 $48.73 5.21%
09-1953 23.270000 $2.55 $49.06 5.2%
10-1953 23.970000 $2.54 $48.97 5.18%
11-1953 24.500000 $2.52 $48.87 5.16%
12-1953 24.830000 $2.51 $48.78 5.15%
01-1954 25.460000 $2.52 $48.36 5.22%
02-1954 26.020000 $2.54 $47.94 5.29%
03-1954 26.570000 $2.55 $47.56 5.36%
04-1954 27.630000 $2.57 $47.12 5.46%
05-1954 28.730000 $2.60 $46.69 5.56%
06-1954 28.960000 $2.62 $46.25 5.66%
07-1954 30.130000 $2.62 $45.88 5.72%
08-1954 30.730000 $2.63 $45.50 5.77%
09-1954 31.450000 $2.63 $45.12 5.83%
10-1954 32.180000 $2.68 $45.06 5.94%
11-1954 33.440000 $2.72 $44.99 6.05%
12-1954 34.970000 $2.77 $44.93 6.16%
01-1955 35.600000 $2.83 $45.35 6.25%
02-1955 36.790000 $2.90 $45.78 6.33%
03-1955 36.500000 $2.96 $46.16 6.41%
04-1955 37.760000 $3.05 $46.69 6.53%
05-1955 37.600000 $3.13 $47.21 6.64%
06-1955 39.780000 $3.22 $47.74 6.74%
07-1955 42.690000 $3.29 $48.30 6.82%
08-1955 42.430000 $3.37 $48.88 6.89%
09-1955 44.340000 $3.44 $49.47 6.95%
10-1955 42.110000 $3.50 $50.02 7%
11-1955 44.950000 $3.56 $50.58 7.04%
12-1955 45.370000 $3.62 $51.13 7.08%
01-1956 44.150000 $3.64 $51.26 7.11%
02-1956 44.430000 $3.67 $51.38 7.14%
03-1956 47.490000 $3.69 $51.49 7.17%
04-1956 48.050000 $3.66 $51.55 7.1%
05-1956 46.540000 $3.63 $51.60 7.03%
06-1956 46.270000 $3.60 $51.66 6.97%
07-1956 48.780000 $3.55 $51.67 6.88%
08-1956 48.490000 $3.51 $51.68 6.79%
09-1956 46.840000 $3.46 $51.69 6.69%
10-1956 46.240000 $3.44 $51.70 6.66%
11-1956 45.760000 $3.43 $51.72 6.63%
12-1956 46.440000 $3.41 $51.73 6.59%
01-1957 45.430000 $3.41 $51.95 6.56%
02-1957 43.470000 $3.40 $52.17 6.52%
03-1957 44.030000 $3.40 $52.37 6.49%
04-1957 45.050000 $3.41 $52.52 6.49%
05-1957 46.780000 $3.41 $52.66 6.48%
06-1957 47.550000 $3.42 $52.81 6.48%
07-1957 48.510000 $3.44 $52.92 6.49%
08-1957 45.840000 $3.45 $53.04 6.51%
09-1957 43.980000 $3.47 $53.16 6.53%
10-1957 41.240000 $3.44 $53.06 6.48%
11-1957 40.350000 $3.40 $52.96 6.43%
12-1957 40.330000 $3.37 $52.85 6.38%
01-1958 41.120000 $3.29 $52.64 6.26%
02-1958 41.260000 $3.22 $52.42 6.14%
03-1958 42.110000 $3.14 $52.22 6.01%
04-1958 42.340000 $3.07 $52.00 5.9%
05-1958 43.700000 $3.00 $51.78 5.79%
06-1958 44.750000 $2.93 $51.56 5.68%
07-1958 45.980000 $2.91 $51.49 5.66%
08-1958 47.700000 $2.90 $51.41 5.63%
09-1958 48.960000 $2.88 $51.33 5.61%
10-1958 50.950000 $2.88 $51.55 5.59%
11-1958 52.500000 $2.89 $51.78 5.57%
12-1958 53.490000 $2.89 $52.00 5.56%
01-1959 55.620000 $2.96 $52.24 5.67%
02-1959 54.770000 $3.04 $52.48 5.79%
03-1959 56.160000 $3.11 $52.70 5.9%
04-1959 57.100000 $3.21 $53.14 6.03%
05-1959 57.960000 $3.30 $53.56 6.17%
06-1959 57.460000 $3.40 $53.99 6.3%
07-1959 59.740000 $3.41 $54.19 6.29%
08-1959 59.400000 $3.42 $54.40 6.29%
09-1959 57.050000 $3.43 $54.60 6.28%
10-1959 57.000000 $3.42 $54.66 6.25%
11-1959 57.230000 $3.40 $54.72 6.22%
12-1959 59.060000 $3.39 $54.78 6.19%
01-1960 58.030000 $3.39 $55.06 6.16%
02-1960 55.780000 $3.39 $55.33 6.13%
03-1960 55.020000 $3.39 $55.59 6.1%
04-1960 55.730000 $3.35 $55.63 6.02%
05-1960 55.220000 $3.30 $55.68 5.93%
06-1960 57.260000 $3.26 $55.73 5.85%
07-1960 55.840000 $3.26 $55.83 5.84%
08-1960 56.510000 $3.27 $55.94 5.84%
09-1960 54.810000 $3.27 $56.05 5.83%
10-1960 53.730000 $3.27 $56.06 5.83%
11-1960 55.470000 $3.27 $56.06 5.83%
12-1960 56.800000 $3.27 $56.06 5.83%
01-1961 59.720000 $3.21 $55.91 5.74%
02-1961 62.170000 $3.15 $55.75 5.65%
03-1961 64.120000 $3.09 $55.61 5.56%
04-1961 65.830000 $3.07 $55.63 5.52%
05-1961 66.500000 $3.05 $55.65 5.48%
06-1961 65.620000 $3.03 $55.67 5.44%
07-1961 65.440000 $3.04 $55.81 5.44%
08-1961 67.790000 $3.04 $55.95 5.44%
09-1961 67.260000 $3.05 $56.10 5.44%
10-1961 68.000000 $3.10 $56.45 5.49%
11-1961 71.080000 $3.14 $56.81 5.53%
12-1961 71.740000 $3.19 $57.17 5.58%
01-1962 69.070000 $3.25 $57.61 5.64%
02-1962 70.220000 $3.31 $58.06 5.7%
03-1962 70.290000 $3.37 $58.46 5.76%
04-1962 68.050000 $3.40 $58.85 5.78%
05-1962 62.990000 $3.44 $59.22 5.8%
06-1962 55.630000 $3.47 $59.60 5.82%
07-1962 56.970000 $3.49 $59.94 5.82%
08-1962 58.520000 $3.51 $60.29 5.82%
09-1962 58.000000 $3.53 $60.63 5.82%
10-1962 56.170000 $3.58 $60.89 5.87%
11-1962 60.040000 $3.62 $61.16 5.92%
12-1962 62.640000 $3.67 $61.42 5.98%
01-1963 65.060000 $3.68 $61.73 5.97%
02-1963 65.920000 $3.70 $62.05 5.96%
03-1963 65.670000 $3.71 $62.33 5.95%
04-1963 68.760000 $3.75 $62.68 5.99%
05-1963 70.140000 $3.80 $63.02 6.02%
06-1963 70.110000 $3.84 $63.37 6.06%
07-1963 69.070000 $3.88 $63.71 6.09%
08-1963 70.980000 $3.92 $64.06 6.12%
09-1963 72.850000 $3.96 $64.42 6.15%
10-1963 73.030000 $3.98 $64.77 6.14%
11-1963 72.620000 $4.00 $65.14 6.14%
12-1963 74.170000 $4.02 $65.49 6.14%
01-1964 76.450000 $4.07 $65.84 6.19%
02-1964 77.390000 $4.13 $66.19 6.23%
03-1964 78.800000 $4.18 $66.52 6.28%
04-1964 79.940000 $4.23 $66.85 6.33%
05-1964 80.720000 $4.28 $67.17 6.37%
06-1964 80.240000 $4.33 $67.50 6.41%
07-1964 83.220000 $4.38 $67.85 6.45%
08-1964 82.000000 $4.42 $68.21 6.49%
09-1964 83.410000 $4.47 $68.57 6.52%
10-1964 84.850000 $4.50 $68.91 6.53%
11-1964 85.440000 $4.52 $69.26 6.53%
12-1964 83.960000 $4.55 $69.61 6.54%
01-1965 86.120000 $4.59 $70.23 6.54%
02-1965 86.750000 $4.64 $70.85 6.54%
03-1965 86.830000 $4.68 $71.41 6.55%
04-1965 87.970000 $4.73 $72.03 6.57%
05-1965 89.280000 $4.79 $72.64 6.59%
06-1965 85.040000 $4.84 $73.27 6.61%
07-1965 84.910000 $4.89 $73.88 6.61%
08-1965 86.490000 $4.93 $74.51 6.62%
09-1965 89.380000 $4.98 $75.15 6.63%
10-1965 91.390000 $5.05 $75.90 6.65%
11-1965 92.150000 $5.12 $76.67 6.68%
12-1965 91.730000 $5.19 $77.42 6.7%
01-1966 93.320000 $5.24 $77.93 6.72%
02-1966 92.690000 $5.29 $78.43 6.74%
03-1966 88.880000 $5.34 $78.89 6.77%
04-1966 91.600000 $5.38 $79.39 6.78%
05-1966 86.780000 $5.42 $79.88 6.79%
06-1966 86.060000 $5.46 $80.39 6.79%
07-1966 85.840000 $5.48 $80.86 6.77%
08-1966 80.650000 $5.49 $81.34 6.75%
09-1966 77.810000 $5.51 $81.82 6.73%
10-1966 77.130000 $5.52 $82.21 6.72%
11-1966 80.990000 $5.54 $82.62 6.7%
12-1966 81.330000 $5.55 $83.01 6.69%
01-1967 84.450000 $5.52 $83.48 6.61%
02-1967 87.360000 $5.48 $83.95 6.53%
03-1967 89.420000 $5.45 $84.37 6.46%
04-1967 90.960000 $5.41 $84.75 6.38%
05-1967 92.590000 $5.37 $85.12 6.31%
06-1967 91.430000 $5.33 $85.50 6.23%
07-1967 93.010000 $5.32 $85.90 6.19%
08-1967 94.490000 $5.31 $86.31 6.15%
09-1967 95.810000 $5.30 $86.73 6.11%
10-1967 95.660000 $5.31 $87.21 6.09%
11-1967 92.660000 $5.32 $87.70 6.07%
12-1967 95.300000 $5.33 $88.18 6.04%
01-1968 95.040000 $5.37 $89.01 6.03%
02-1968 90.750000 $5.40 $89.85 6.01%
03-1968 89.090000 $5.44 $90.63 6%
04-1968 95.670000 $5.48 $91.64 5.98%
05-1968 97.870000 $5.53 $92.62 5.97%
06-1968 100.500000 $5.57 $93.64 5.95%
07-1968 100.300000 $5.60 $94.66 5.92%
08-1968 98.110000 $5.63 $95.71 5.88%
09-1968 101.300000 $5.66 $96.77 5.85%
10-1968 103.800000 $5.69 $97.82 5.82%
11-1968 105.400000 $5.73 $98.90 5.79%
12-1968 106.500000 $5.76 $99.94 5.76%
01-1969 102.000000 $5.78 $100.33 5.76%
02-1969 101.500000 $5.80 $100.71 5.76%
03-1969 99.300000 $5.82 $101.06 5.76%
04-1969 101.300000 $5.83 $101.34 5.75%
05-1969 104.600000 $5.83 $101.61 5.74%
06-1969 99.140000 $5.84 $101.89 5.73%
07-1969 94.710000 $5.86 $102.12 5.74%
08-1969 94.180000 $5.87 $102.35 5.74%
09-1969 94.510000 $5.89 $102.59 5.74%
10-1969 95.520000 $5.85 $102.69 5.7%
11-1969 96.210000 $5.82 $102.79 5.66%
12-1969 91.110000 $5.78 $102.89 5.62%
01-1970 90.310000 $5.73 $103.28 5.55%
02-1970 87.160000 $5.68 $103.67 5.48%
03-1970 88.650000 $5.63 $104.02 5.41%
04-1970 85.950000 $5.59 $104.39 5.36%
05-1970 76.060000 $5.56 $104.75 5.3%
06-1970 75.590000 $5.52 $105.13 5.25%
07-1970 75.720000 $5.47 $105.44 5.18%
08-1970 77.920000 $5.41 $105.77 5.12%
09-1970 82.580000 $5.36 $106.10 5.05%
10-1970 84.370000 $5.28 $106.30 4.97%
11-1970 84.280000 $5.21 $106.51 4.89%
12-1970 90.050000 $5.13 $106.71 4.81%
01-1971 93.490000 $5.16 $107.39 4.8%
02-1971 97.110000 $5.19 $108.07 4.8%
03-1971 99.600000 $5.22 $108.68 4.8%
04-1971 103.000000 $5.25 $109.38 4.8%
05-1971 101.600000 $5.29 $110.06 4.8%
06-1971 99.720000 $5.32 $110.76 4.8%
07-1971 99.000000 $5.36 $111.50 4.8%
08-1971 97.240000 $5.39 $112.27 4.8%
09-1971 99.400000 $5.43 $113.03 4.8%
10-1971 97.290000 $5.52 $114.04 4.84%
11-1971 92.780000 $5.61 $115.07 4.88%
12-1971 99.170000 $5.70 $116.08 4.91%
01-1972 103.300000 $5.74 $116.74 4.91%
02-1972 105.200000 $5.77 $117.41 4.92%
03-1972 107.700000 $5.81 $118.03 4.92%
04-1972 108.800000 $5.86 $118.71 4.94%
05-1972 107.700000 $5.92 $119.38 4.96%
06-1972 108.000000 $5.97 $120.06 4.97%
07-1972 107.200000 $6.03 $120.81 4.99%
08-1972 111.000000 $6.08 $121.58 5%
09-1972 109.400000 $6.14 $122.35 5.02%
10-1972 109.600000 $6.23 $123.27 5.06%
11-1972 115.100000 $6.33 $124.21 5.09%
12-1972 117.500000 $6.42 $125.12 5.13%
01-1973 118.400000 $6.55 $126.54 5.17%
02-1973 114.200000 $6.67 $127.97 5.21%
03-1973 112.400000 $6.80 $129.25 5.26%
04-1973 110.300000 $6.94 $130.64 5.31%
05-1973 107.200000 $7.09 $131.98 5.37%
06-1973 104.800000 $7.23 $133.37 5.42%
07-1973 105.800000 $7.38 $134.72 5.48%
08-1973 103.800000 $7.54 $136.11 5.54%
09-1973 105.600000 $7.69 $137.50 5.59%
10-1973 109.800000 $7.85 $138.80 5.65%
11-1973 102.000000 $8.00 $140.15 5.71%
12-1973 94.780000 $8.16 $141.45 5.77%
01-1974 96.110000 $8.23 $143.85 5.72%
02-1974 93.450000 $8.29 $146.25 5.67%
03-1974 97.440000 $8.36 $148.42 5.63%
04-1974 92.460000 $8.49 $150.90 5.62%
05-1974 89.670000 $8.61 $153.30 5.62%
06-1974 89.790000 $8.74 $155.77 5.61%
07-1974 79.310000 $8.86 $158.19 5.6%
08-1974 76.030000 $8.99 $160.69 5.59%
09-1974 68.120000 $9.11 $163.20 5.58%
10-1974 69.440000 $9.04 $165.50 5.46%
11-1974 71.740000 $8.96 $167.88 5.34%
12-1974 67.070000 $8.89 $170.18 5.22%
01-1975 72.560000 $8.74 $169.70 5.15%
02-1975 80.100000 $8.60 $169.21 5.08%
03-1975 83.780000 $8.45 $168.78 5.01%
04-1975 84.720000 $8.29 $168.37 4.92%
05-1975 90.100000 $8.12 $167.97 4.84%
06-1975 92.400000 $7.96 $167.57 4.75%
07-1975 92.490000 $7.89 $167.53 4.71%
08-1975 85.710000 $7.83 $167.50 4.67%
09-1975 84.670000 $7.76 $167.47 4.63%
10-1975 88.570000 $7.83 $167.67 4.67%
11-1975 90.070000 $7.89 $167.89 4.7%
12-1975 88.700000 $7.96 $168.09 4.74%
01-1976 96.860000 $8.19 $170.47 4.81%
02-1976 100.600000 $8.43 $172.84 4.88%
03-1976 101.100000 $8.66 $175.06 4.95%
04-1976 101.900000 $8.86 $177.25 5%
05-1976 101.200000 $9.05 $179.37 5.05%
06-1976 101.800000 $9.25 $181.56 5.09%
07-1976 104.200000 $9.35 $183.38 5.1%
08-1976 103.300000 $9.45 $185.27 5.1%
09-1976 105.500000 $9.55 $187.15 5.1%
10-1976 101.900000 $9.67 $188.90 5.12%
11-1976 101.200000 $9.79 $190.71 5.13%
12-1976 104.700000 $9.91 $192.46 5.15%
01-1977 103.800000 $9.97 $193.53 5.15%
02-1977 101.000000 $10.02 $194.60 5.15%
03-1977 100.600000 $10.08 $195.57 5.15%
04-1977 99.050000 $10.19 $197.20 5.17%
05-1977 98.760000 $10.31 $198.77 5.19%
06-1977 99.290000 $10.42 $200.39 5.2%
07-1977 100.200000 $10.52 $202.26 5.2%
08-1977 97.750000 $10.61 $204.19 5.2%
09-1977 96.230000 $10.71 $206.11 5.2%
10-1977 93.740000 $10.77 $208.05 5.18%
11-1977 94.280000 $10.83 $210.05 5.16%
12-1977 93.820000 $10.89 $211.99 5.14%
01-1978 90.250000 $10.90 $213.87 5.1%
02-1978 88.980000 $10.91 $215.76 5.06%
03-1978 88.820000 $10.92 $217.46 5.02%
04-1978 92.710000 $11.02 $219.60 5.02%
05-1978 97.410000 $11.13 $221.67 5.02%
06-1978 97.660000 $11.23 $223.81 5.02%
07-1978 97.190000 $11.34 $225.63 5.03%
08-1978 103.900000 $11.46 $227.52 5.04%
09-1978 103.900000 $11.57 $229.40 5.04%
10-1978 100.600000 $11.82 $231.55 5.11%
11-1978 94.710000 $12.08 $233.78 5.17%
12-1978 96.110000 $12.33 $235.93 5.23%
01-1979 99.710000 $12.65 $238.98 5.29%
02-1979 98.230000 $12.98 $242.03 5.36%
03-1979 100.100000 $13.30 $244.78 5.43%
04-1979 102.100000 $13.53 $247.11 5.47%
05-1979 99.730000 $13.75 $249.36 5.52%
06-1979 101.700000 $13.98 $251.69 5.55%
07-1979 102.700000 $14.20 $254.04 5.59%
08-1979 107.400000 $14.41 $256.48 5.62%
09-1979 108.600000 $14.63 $258.91 5.65%
10-1979 104.500000 $14.71 $261.11 5.63%
11-1979 103.700000 $14.78 $263.37 5.61%
12-1979 107.800000 $14.86 $265.57 5.6%
01-1980 110.900000 $15.00 $268.49 5.59%
02-1980 115.300000 $15.15 $271.42 5.58%
03-1980 104.700000 $15.29 $274.15 5.58%
04-1980 103.000000 $15.17 $276.61 5.49%
05-1980 107.700000 $15.06 $278.99 5.4%
06-1980 114.600000 $14.94 $281.45 5.31%
07-1980 119.800000 $14.84 $284.07 5.22%
08-1980 123.500000 $14.74 $286.78 5.14%
09-1980 126.500000 $14.64 $289.49 5.06%
10-1980 130.200000 $14.70 $292.91 5.02%
11-1980 135.700000 $14.76 $296.46 4.98%
12-1980 133.500000 $14.82 $299.88 4.94%
01-1981 133.000000 $14.74 $300.93 4.9%
02-1981 128.400000 $14.66 $301.97 4.85%
03-1981 133.200000 $14.58 $302.91 4.81%
04-1981 134.400000 $14.72 $304.55 4.83%
05-1981 131.700000 $14.87 $306.13 4.86%
06-1981 132.300000 $15.01 $307.76 4.88%
07-1981 129.100000 $15.10 $309.47 4.88%
08-1981 129.600000 $15.18 $311.23 4.88%
09-1981 118.300000 $15.27 $312.99 4.88%
10-1981 119.800000 $15.30 $313.60 4.88%
11-1981 122.900000 $15.33 $314.24 4.88%
12-1981 123.800000 $15.36 $314.85 4.88%
01-1982 117.300000 $15.18 $315.23 4.81%
02-1982 114.500000 $14.99 $315.60 4.75%
03-1982 110.800000 $14.81 $315.95 4.69%
04-1982 116.300000 $14.60 $316.06 4.62%
05-1982 116.400000 $14.38 $316.17 4.55%
06-1982 109.700000 $14.17 $316.28 4.48%
07-1982 109.400000 $13.97 $315.74 4.42%
08-1982 109.700000 $13.76 $315.18 4.37%
09-1982 122.400000 $13.56 $314.61 4.31%
10-1982 132.700000 $13.25 $313.85 4.22%
11-1982 138.100000 $12.95 $313.06 4.14%
12-1982 139.400000 $12.64 $312.30 4.05%
01-1983 144.300000 $12.57 $311.64 4.03%
02-1983 146.800000 $12.49 $310.97 4.02%
03-1983 151.900000 $12.42 $310.37 4%
04-1983 157.700000 $12.48 $310.14 4.02%
05-1983 164.100000 $12.53 $309.93 4.04%
06-1983 166.400000 $12.59 $309.70 4.07%
07-1983 167.000000 $12.83 $310.04 4.14%
08-1983 162.400000 $13.06 $310.39 4.21%
09-1983 167.200000 $13.30 $310.74 4.28%
10-1983 167.700000 $13.54 $312.00 4.34%
11-1983 165.200000 $13.79 $313.30 4.4%
12-1983 164.400000 $14.03 $314.56 4.46%
01-1984 166.400000 $14.44 $318.67 4.53%
02-1984 157.300000 $14.85 $322.78 4.6%
03-1984 157.400000 $15.26 $326.62 4.67%
04-1984 157.600000 $15.57 $330.49 4.71%
05-1984 156.600000 $15.89 $334.23 4.75%
06-1984 153.100000 $16.20 $338.10 4.79%
07-1984 151.100000 $16.32 $341.54 4.78%
08-1984 164.400000 $16.44 $345.10 4.76%
09-1984 166.100000 $16.56 $348.66 4.75%
10-1984 164.800000 $16.59 $351.81 4.71%
11-1984 166.300000 $16.61 $355.06 4.68%
12-1984 164.500000 $16.64 $358.21 4.65%
01-1985 171.600000 $16.56 $359.71 4.6%
02-1985 180.900000 $16.47 $361.20 4.56%
03-1985 179.400000 $16.39 $362.56 4.52%
04-1985 180.600000 $16.13 $363.87 4.43%
05-1985 184.900000 $15.87 $365.14 4.35%
06-1985 188.900000 $15.61 $366.45 4.26%
07-1985 192.500000 $15.48 $367.95 4.21%
08-1985 188.300000 $15.36 $369.50 4.16%
09-1985 184.100000 $15.23 $371.05 4.1%
10-1985 186.200000 $15.02 $372.27 4.04%
11-1985 197.500000 $14.82 $373.54 3.97%
12-1985 207.300000 $14.61 $374.77 3.9%
01-1986 208.200000 $14.58 $375.79 3.88%
02-1986 219.400000 $14.55 $376.81 3.86%
03-1986 232.300000 $14.52 $377.74 3.84%
04-1986 238.000000 $14.58 $378.39 3.85%
05-1986 238.500000 $14.65 $379.02 3.86%
06-1986 245.300000 $14.71 $379.67 3.87%
07-1986 240.200000 $14.76 $379.94 3.88%
08-1986 245.000000 $14.80 $380.23 3.89%
09-1986 238.300000 $14.85 $380.51 3.9%
10-1986 237.400000 $14.73 $381.09 3.86%
11-1986 245.100000 $14.60 $381.68 3.83%
12-1986 248.600000 $14.48 $382.26 3.79%
01-1987 264.500000 $14.69 $381.06 3.85%
02-1987 280.900000 $14.89 $379.86 3.92%
03-1987 292.500000 $15.10 $378.78 3.99%
04-1987 289.300000 $14.87 $378.23 3.93%
05-1987 289.100000 $14.65 $377.69 3.88%
06-1987 301.400000 $14.42 $377.14 3.82%
07-1987 310.100000 $14.90 $376.99 3.95%
08-1987 329.400000 $15.38 $376.85 4.08%
09-1987 318.700000 $15.86 $376.70 4.21%
10-1987 280.200000 $16.41 $376.66 4.36%
11-1987 245.000000 $16.95 $376.61 4.5%
12-1987 241.000000 $17.50 $376.57 4.65%
01-1988 250.500000 $17.86 $380.49 4.69%
02-1988 258.100000 $18.23 $384.41 4.74%
03-1988 265.700000 $18.59 $388.08 4.79%
04-1988 262.600000 $19.62 $392.00 5%
05-1988 256.100000 $20.64 $395.80 5.22%
06-1988 270.700000 $21.67 $399.72 5.42%
07-1988 269.100000 $22.02 $403.38 5.46%
08-1988 263.700000 $22.38 $407.17 5.5%
09-1988 268.000000 $22.73 $410.95 5.53%
10-1988 277.400000 $23.07 $414.90 5.56%
11-1988 271.000000 $23.42 $418.99 5.59%
12-1988 276.500000 $23.76 $422.94 5.62%
01-1989 285.400000 $24.16 $427.16 5.66%
02-1989 294.000000 $24.56 $431.38 5.69%
03-1989 292.700000 $24.96 $435.19 5.74%
04-1989 302.300000 $25.05 $438.87 5.71%
05-1989 313.900000 $25.13 $442.43 5.68%
06-1989 323.700000 $25.22 $446.11 5.65%
07-1989 331.900000 $24.71 $449.48 5.5%
08-1989 346.600000 $24.20 $452.96 5.34%
09-1989 347.300000 $23.69 $456.45 5.19%
10-1989 347.400000 $23.43 $459.32 5.1%
11-1989 340.200000 $23.16 $462.29 5.01%
12-1989 348.600000 $22.90 $465.16 4.92%
01-1990 339.970000 $22.49 $466.86 4.82%
02-1990 330.450000 $22.08 $468.56 4.71%
03-1990 338.460000 $21.67 $470.09 4.61%
04-1990 338.180000 $21.53 $472.21 4.56%
05-1990 350.250000 $21.40 $474.25 4.51%
06-1990 360.390000 $21.26 $476.37 4.46%
07-1990 360.030000 $21.42 $478.15 4.48%
08-1990 330.750000 $21.58 $480.00 4.5%
09-1990 315.410000 $21.74 $481.85 4.51%
10-1990 307.120000 $21.61 $483.34 4.47%
11-1990 315.290000 $21.47 $484.89 4.43%
12-1990 328.750000 $21.34 $486.39 4.39%
01-1991 325.490000 $21.18 $487.62 4.34%
02-1991 362.260000 $21.03 $488.86 4.3%
03-1991 372.280000 $20.87 $489.97 4.26%
04-1991 379.680000 $20.36 $490.79 4.15%
05-1991 377.990000 $19.86 $491.58 4.04%
06-1991 378.290000 $19.35 $492.40 3.93%
07-1991 380.230000 $18.84 $493.38 3.82%
08-1991 389.400000 $18.33 $494.40 3.71%
09-1991 387.200000 $17.82 $495.42 3.6%
10-1991 386.880000 $17.20 $496.68 3.46%
11-1991 385.920000 $16.59 $497.99 3.33%
12-1991 388.510000 $15.97 $499.25 3.2%
01-1992 416.080000 $16.05 $500.33 3.21%
02-1992 412.560000 $16.12 $501.41 3.22%
03-1992 407.360000 $16.20 $502.42 3.22%
04-1992 407.410000 $16.48 $503.68 3.27%
05-1992 414.810000 $16.77 $504.90 3.32%
06-1992 408.270000 $17.05 $506.16 3.37%
07-1992 415.050000 $17.38 $507.31 3.43%
08-1992 417.930000 $17.71 $508.49 3.48%
09-1992 418.480000 $18.04 $509.66 3.54%
10-1992 412.500000 $18.39 $511.37 3.6%
11-1992 422.840000 $18.74 $513.12 3.65%
12-1992 435.640000 $19.09 $514.83 3.71%
01-1993 435.230000 $19.34 $515.29 3.75%
02-1993 441.700000 $19.59 $515.76 3.8%
03-1993 450.160000 $19.84 $516.18 3.84%
04-1993 443.080000 $19.67 $517.09 3.8%
05-1993 445.250000 $19.50 $517.96 3.76%
06-1993 448.060000 $19.33 $518.87 3.73%
07-1993 447.290000 $19.69 $519.92 3.79%
08-1993 454.130000 $20.05 $521.01 3.85%
09-1993 459.240000 $20.41 $522.10 3.91%
10-1993 463.900000 $20.90 $523.51 3.99%
11-1993 462.890000 $21.39 $524.96 4.07%
12-1993 465.950000 $21.88 $526.37 4.16%
01-1994 472.990000 $22.16 $526.47 4.21%
02-1994 471.580000 $22.43 $526.57 4.26%
03-1994 463.810000 $22.71 $526.67 4.31%
04-1994 447.230000 $23.54 $526.85 4.47%
05-1994 450.900000 $24.37 $527.04 4.62%
06-1994 454.830000 $25.20 $527.23 4.78%
07-1994 451.400000 $25.91 $527.63 4.91%
08-1994 464.240000 $26.62 $528.04 5.04%
09-1994 466.960000 $27.33 $528.46 5.17%
10-1994 463.810000 $28.42 $528.58 5.38%
11-1994 461.010000 $29.51 $528.71 5.58%
12-1994 455.190000 $30.60 $528.83 5.79%
01-1995 465.250000 $31.25 $533.74 5.85%
02-1995 481.920000 $31.90 $538.65 5.92%
03-1995 493.150000 $32.55 $543.09 5.99%
04-1995 507.910000 $33.18 $547.29 6.06%
05-1995 523.810000 $33.80 $551.36 6.13%
06-1995 539.350000 $34.43 $555.57 6.2%
07-1995 557.370000 $34.68 $559.95 6.19%
08-1995 559.110000 $34.93 $564.47 6.19%
09-1995 578.770000 $35.18 $569.00 6.18%
10-1995 582.920000 $34.77 $573.08 6.07%
11-1995 595.530000 $34.37 $577.30 5.95%
12-1995 614.570000 $33.96 $581.38 5.84%
01-1996 614.420000 $33.99 $581.67 5.84%
02-1996 649.540000 $34.01 $581.97 5.84%
03-1996 647.070000 $34.04 $582.24 5.85%
04-1996 647.170000 $34.33 $582.88 5.89%
05-1996 661.230000 $34.62 $583.49 5.93%
06-1996 668.500000 $34.91 $584.13 5.98%
07-1996 644.070000 $35.27 $584.48 6.03%
08-1996 662.680000 $35.64 $584.85 6.09%
09-1996 674.880000 $36.00 $585.22 6.15%
10-1996 701.460000 $36.91 $585.88 6.3%
11-1996 735.670000 $37.82 $586.56 6.45%
12-1996 743.250000 $38.73 $587.22 6.6%
01-1997 766.220000 $39.23 $589.91 6.65%
02-1997 798.390000 $39.74 $592.61 6.71%
03-1997 792.160000 $40.24 $595.04 6.76%
04-1997 763.930000 $40.34 $597.66 6.75%
05-1997 833.090000 $40.45 $600.20 6.74%
06-1997 876.290000 $40.55 $602.82 6.73%
07-1997 925.290000 $40.58 $605.81 6.7%
08-1997 927.240000 $40.61 $608.90 6.67%
09-1997 937.020000 $40.64 $611.99 6.64%
10-1997 951.160000 $40.33 $614.95 6.56%
11-1997 938.920000 $40.03 $618.01 6.48%
12-1997 962.370000 $39.72 $620.97 6.4%
01-1998 963.360000 $39.66 $620.89 6.39%
02-1998 1023.740000 $39.60 $620.82 6.38%
03-1998 1076.830000 $39.54 $620.75 6.37%
04-1998 1112.200000 $39.35 $620.63 6.34%
05-1998 1108.420000 $39.16 $620.51 6.31%
06-1998 1108.390000 $38.97 $620.39 6.28%
07-1998 1156.580000 $38.68 $620.07 6.24%
08-1998 1074.620000 $38.38 $619.74 6.19%
09-1998 1020.640000 $38.09 $619.40 6.15%
10-1998 1032.470000 $37.96 $618.80 6.13%
11-1998 1144.430000 $37.84 $618.18 6.12%
12-1998 1190.050000 $37.71 $617.57 6.11%
01-1999 1248.770000 $37.93 $622.43 6.09%
02-1999 1246.580000 $38.16 $627.28 6.08%
03-1999 1281.660000 $38.38 $631.66 6.08%
04-1999 1334.760000 $39.26 $636.19 6.17%
05-1999 1332.070000 $40.14 $640.57 6.27%
06-1999 1322.550000 $41.02 $645.10 6.36%
07-1999 1380.990000 $42.00 $648.99 6.47%
08-1999 1327.490000 $42.98 $653.01 6.58%
09-1999 1318.170000 $43.96 $657.02 6.69%
10-1999 1300.010000 $45.36 $661.53 6.86%
11-1999 1391.000000 $46.77 $666.18 7.02%
12-1999 1428.680000 $48.17 $670.69 7.18%
01-2000 1425.590000 $49.09 $676.01 7.26%
02-2000 1388.870000 $50.02 $681.33 7.34%
03-2000 1442.210000 $50.94 $686.31 7.42%
04-2000 1461.360000 $51.27 $692.88 7.4%
05-2000 1418.480000 $51.59 $699.24 7.38%
06-2000 1461.960000 $51.92 $705.81 7.36%
07-2000 1473.000000 $52.51 $712.38 7.37%
08-2000 1485.460000 $53.11 $719.18 7.38%
09-2000 1468.050000 $53.70 $725.97 7.4%
10-2000 1390.140000 $52.47 $732.47 7.16%
11-2000 1378.040000 $51.23 $739.19 6.93%
12-2000 1330.930000 $50.00 $745.70 6.71%
01-2001 1335.630000 $48.48 $747.62 6.48%
02-2001 1305.750000 $46.96 $749.54 6.27%
03-2001 1185.850000 $45.44 $751.27 6.05%
04-2001 1189.840000 $42.56 $750.25 5.67%
05-2001 1270.370000 $39.67 $749.25 5.3%
06-2001 1238.710000 $36.79 $748.23 4.92%
07-2001 1204.450000 $33.96 $745.16 4.56%
08-2001 1178.500000 $31.14 $741.98 4.2%
09-2001 1044.640000 $28.31 $738.81 3.83%
10-2001 1076.590000 $27.10 $738.17 3.67%
11-2001 1129.680000 $25.90 $737.52 3.51%
12-2001 1144.930000 $24.69 $736.88 3.35%
01-2002 1140.210000 $24.69 $730.38 3.38%
02-2002 1100.670000 $24.70 $723.88 3.41%
03-2002 1153.790000 $24.70 $718.01 3.44%
04-2002 1111.930000 $25.38 $715.42 3.55%
05-2002 1079.250000 $26.06 $712.90 3.66%
06-2002 1014.020000 $26.74 $710.31 3.76%
07-2002 903.590000 $27.94 $706.21 3.96%
08-2002 912.550000 $29.14 $701.98 4.15%
09-2002 867.810000 $30.34 $697.75 4.35%
10-2002 854.630000 $29.42 $690.11 4.26%
11-2002 909.930000 $28.51 $682.23 4.18%
12-2002 899.180000 $27.59 $674.59 4.09%
01-2003 895.840000 $28.50 $675.97 4.22%
02-2003 837.030000 $29.41 $677.35 4.34%
03-2003 846.630000 $30.32 $678.60 4.47%
04-2003 890.030000 $31.73 $680.56 4.66%
05-2003 935.960000 $33.14 $682.46 4.86%
06-2003 988.000000 $34.55 $684.42 5.05%
07-2003 992.540000 $35.89 $688.82 5.21%
08-2003 989.530000 $37.24 $693.36 5.37%
09-2003 1019.440000 $38.58 $697.90 5.53%
10-2003 1038.730000 $41.97 $702.16 5.98%
11-2003 1049.900000 $45.35 $706.55 6.42%
12-2003 1080.640000 $48.74 $710.81 6.86%
01-2004 1132.520000 $49.83 $716.30 6.96%
02-2004 1143.360000 $50.91 $721.79 7.05%
03-2004 1123.980000 $52.00 $726.93 7.15%
04-2004 1133.360000 $53.38 $731.14 7.3%
05-2004 1102.780000 $54.77 $735.21 7.45%
06-2004 1132.760000 $56.15 $739.42 7.59%
07-2004 1105.850000 $56.69 $745.11 7.61%
08-2004 1088.940000 $57.23 $751.00 7.62%
09-2004 1117.660000 $57.77 $756.88 7.63%
10-2004 1117.210000 $58.03 $767.20 7.56%
11-2004 1168.940000 $58.29 $777.85 7.49%
12-2004 1199.210000 $58.55 $788.17 7.43%
01-2005 1181.410000 $59.14 $794.64 7.44%
02-2005 1199.630000 $59.73 $801.10 7.46%
03-2005 1194.900000 $60.32 $806.94 7.48%
04-2005 1164.430000 $61.33 $814.07 7.53%
05-2005 1178.280000 $62.35 $820.97 7.59%
06-2005 1202.250000 $63.36 $828.10 7.65%
07-2005 1222.240000 $64.43 $835.87 7.71%
08-2005 1224.270000 $65.50 $843.91 7.76%
09-2005 1225.920000 $66.57 $851.94 7.81%
10-2005 1191.960000 $67.69 $859.32 7.88%
11-2005 1237.370000 $68.81 $866.94 7.94%
12-2005 1262.070000 $69.93 $874.32 8%
01-2006 1278.730000 $70.84 $882.48 8.03%
02-2006 1276.650000 $71.76 $890.65 8.06%
03-2006 1293.740000 $72.67 $898.02 8.09%
04-2006 1302.170000 $73.28 $904.73 8.1%
05-2006 1290.010000 $73.88 $911.22 8.11%
06-2006 1253.170000 $74.49 $917.93 8.11%
07-2006 1260.240000 $75.85 $924.09 8.21%
08-2006 1287.150000 $77.21 $930.46 8.3%
09-2006 1317.740000 $78.57 $936.83 8.39%
10-2006 1363.380000 $79.55 $942.00 8.44%
11-2006 1388.640000 $80.53 $947.34 8.5%
12-2006 1416.420000 $81.51 $952.51 8.56%
01-2007 1424.160000 $82.06 $956.88 8.58%
02-2007 1444.800000 $82.60 $961.25 8.59%
03-2007 1406.950000 $83.15 $965.19 8.61%
04-2007 1463.640000 $83.74 $972.24 8.61%
05-2007 1511.140000 $84.33 $979.06 8.61%
06-2007 1514.190000 $84.92 $986.11 8.61%
07-2007 1520.710000 $82.81 $992.31 8.35%
08-2007 1454.620000 $80.71 $998.71 8.08%
09-2007 1497.120000 $78.60 $1,005.12 7.82%
10-2007 1539.660000 $74.46 $1,011.70 7.36%
11-2007 1463.390000 $70.32 $1,018.50 6.9%
12-2007 1479.220000 $66.18 $1,025.08 6.46%
01-2008 1378.760000 $64.25 $1,033.00 6.22%
02-2008 1354.870000 $62.32 $1,040.91 5.99%
03-2008 1316.940000 $60.39 $1,048.32 5.76%
04-2008 1370.470000 $57.38 $1,056.04 5.43%
05-2008 1403.220000 $54.38 $1,063.50 5.11%
06-2008 1341.250000 $51.37 $1,071.22 4.8%
07-2008 1257.330000 $49.56 $1,074.22 4.61%
08-2008 1281.470000 $47.76 $1,077.31 4.43%
09-2008 1216.950000 $45.95 $1,080.41 4.25%
10-2008 968.800000 $35.59 $1,067.90 3.33%
11-2008 883.040000 $25.24 $1,054.97 2.39%
12-2008 877.560000 $14.88 $1,042.46 1.43%
01-2009 865.580000 $12.21 $1,027.33 1.19%
02-2009 805.230000 $9.53 $1,012.20 0.94%
03-2009 757.130000 $6.86 $998.54 0.69%
04-2009 848.150000 $7.08 $979.91 0.72%
05-2009 902.410000 $7.29 $961.88 0.76%
06-2009 926.120000 $7.51 $943.25 0.8%
07-2009 935.820000 $9.19 $929.99 0.99%
08-2009 1009.730000 $10.86 $916.29 1.19%
09-2009 1044.550000 $12.54 $902.59 1.39%
10-2009 1067.660000 $25.35 $904.51 2.8%
11-2009 1088.070000 $38.16 $906.48 4.21%
12-2009 1110.380000 $50.97 $908.40 5.61%
01-2010 1123.580000 $54.29 $912.04 5.95%
02-2010 1089.160000 $57.61 $915.69 6.29%
03-2010 1152.050000 $60.93 $918.98 6.63%
04-2010 1197.320000 $62.99 $923.53 6.82%
05-2010 1125.060000 $65.04 $927.94 7.01%
06-2010 1083.360000 $67.10 $932.49 7.2%
07-2010 1079.800000 $68.69 $936.89 7.33%
08-2010 1087.280000 $70.27 $941.44 7.46%
09-2010 1122.080000 $71.86 $945.99 7.6%
10-2010 1171.580000 $73.69 $951.50 7.74%
11-2010 1198.890000 $75.52 $957.19 7.89%
12-2010 1241.530000 $77.35 $962.70 8.03%
01-2011 1282.620000 $78.67 $969.08 8.12%
02-2011 1321.120000 $79.99 $975.45 8.2%
03-2011 1304.490000 $81.31 $981.21 8.29%
04-2011 1331.510000 $82.16 $990.16 8.3%
05-2011 1338.310000 $83.02 $998.82 8.31%
06-2011 1287.290000 $83.87 $1,007.77 8.32%
07-2011 1325.190000 $84.91 $1,015.97 8.36%
08-2011 1185.310000 $85.94 $1,024.45 8.39%
09-2011 1173.880000 $86.98 $1,032.92 8.42%
10-2011 1207.220000 $86.97 $1,039.48 8.37%
11-2011 1226.420000 $86.96 $1,046.27 8.31%
12-2011 1243.320000 $86.95 $1,052.83 8.26%
01-2012 1300.580000 $87.48 $1,058.43 8.27%
02-2012 1352.490000 $88.01 $1,064.03 8.27%
03-2012 1389.240000 $88.54 $1,069.27 8.28%
04-2012 1386.430000 $88.33 $1,070.86 8.25%
05-2012 1341.270000 $88.13 $1,072.40 8.22%
06-2012 1323.480000 $87.92 $1,073.99 8.19%
07-2012 1359.780000 $87.45 $1,074.97 8.13%
08-2012 1403.450000 $86.97 $1,075.98 8.08%
09-2012 1443.420000 $86.50 $1,076.99 8.03%
10-2012 1437.820000 $86.50 $1,082.06 7.99%
11-2012 1394.510000 $86.51 $1,087.31 7.96%
12-2012 1422.290000 $86.51 $1,092.38 7.92%
01-2013 1480.400000 $86.91 $1,093.56 7.95%
02-2013 1512.310000 $87.30 $1,094.75 7.97%
03-2013 1550.830000 $87.70 $1,095.82 8%
04-2013 1570.700000 $88.78 $1,098.90 8.08%
05-2013 1639.840000 $89.87 $1,101.88 8.16%
06-2013 1618.770000 $90.95 $1,104.96 8.23%
07-2013 1668.680000 $92.09 $1,108.36 8.31%
08-2013 1670.090000 $93.23 $1,111.87 8.38%
09-2013 1687.170000 $94.37 $1,115.38 8.46%
10-2013 1720.030000 $96.31 $1,115.85 8.63%
11-2013 1783.540000 $98.26 $1,116.34 8.8%
12-2013 1807.780000 $100.20 $1,116.81 8.97%
01-2014 1822.360000 $100.42 $1,119.98 8.97%
02-2014 1817.040000 $100.63 $1,123.14 8.96%
03-2014 1863.520000 $100.85 $1,126.00 8.96%
04-2014 1864.260000 $101.61 $1,131.12 8.98%
05-2014 1889.770000 $102.36 $1,136.07 9.01%
06-2014 1947.090000 $103.12 $1,141.18 9.04%
07-2014 1973.100000 $104.07 $1,145.64 9.08%
08-2014 1961.530000 $105.01 $1,150.25 9.13%
09-2014 1993.230000 $105.96 $1,154.86 9.18%
10-2014 1937.270000 $104.74 $1,157.65 9.05%
11-2014 2044.570000 $103.53 $1,160.52 8.92%
12-2014 2054.270000 $102.31 $1,163.31 8.79%
01-2015 2028.180000 $101.29 $1,160.98 8.72%
02-2015 2082.200000 $100.27 $1,158.65 8.65%
03-2015 2079.990000 $99.25 $1,156.54 8.58%
04-2015 2094.860000 $97.80 $1,152.83 8.48%
05-2015 2111.940000 $96.36 $1,149.25 8.38%
06-2015 2099.290000 $94.91 $1,145.54 8.29%
07-2015 2094.140000 $93.49 $1,142.48 8.18%
08-2015 2039.870000 $92.08 $1,139.33 8.08%
09-2015 1944.410000 $90.66 $1,136.17 7.98%
10-2015 2024.810000 $89.28 $1,133.19 7.88%
11-2015 2080.620000 $87.91 $1,130.11 7.78%
12-2015 2054.080000 $86.53 $1,127.13 7.68%
01-2016 1918.600000 $86.50 $1,127.42 7.67%
02-2016 1904.420000 $86.47 $1,127.70 7.67%
03-2016 2021.950000 $86.44 $1,127.97 7.66%
04-2016 2075.540000 $86.60 $1,129.06 7.67%
05-2016 2065.550000 $86.76 $1,130.12 7.68%
06-2016 2083.890000 $86.92 $1,131.21 7.68%
07-2016 2148.900000 $87.64 $1,133.56 7.73%
08-2016 2170.950000 $88.37 $1,136.00 7.78%
09-2016 2157.690000 $89.09 $1,138.43 7.83%
10-2016 2143.020000 $90.91 $1,142.47 7.96%
11-2016 2164.990000 $92.73 $1,146.64 8.09%
12-2016 2246.630000 $94.55 $1,150.68 8.22%
01-2017 2275.120000 $96.46 $1,157.14 8.34%
02-2017 2329.910000 $98.38 $1,163.60 8.45%
03-2017 2366.820000 $100.29 $1,169.43 8.58%
04-2017 2359.310000 $101.53 $1,174.95 8.64%
05-2017 2395.350000 $102.78 $1,180.30 8.71%
06-2017 2433.990000 $104.02 $1,185.82 8.77%
07-2017 2454.100000 $105.04 $1,191.45 8.82%
08-2017 2456.220000 $106.06 $1,197.28 8.86%
09-2017 2492.840000 $107.08 $1,203.10 8.9%
10-2017 2557.000000 $108.01 $1,212.49 8.91%
11-2017 2593.610000 $108.95 $1,222.18 8.91%
12-2017 2664.340000 $109.88 $1,231.57 8.92%
01-2018 2789.800000 $111.73 $1,241.08 9%
02-2018 2705.160000 $113.59 $1,250.59 9.08%
03-2018 2702.770000 $115.44 $1,259.18 9.17%
04-2018 2653.630000 $117.79 $1,270.52 9.27%
05-2018 2701.490000 $120.13 $1,281.50 9.37%
06-2018 2754.350000 $122.48 $1,292.84 9.47%
07-2018 2793.640000 $125.12 $1,303.62 9.6%
08-2018 2857.820000 $127.75 $1,314.75 9.72%
09-2018 2901.500000 $130.39 $1,325.89 9.83%
10-2018 2785.460000 $131.06 $1,331.53 9.84%
11-2018 2723.230000 $131.72 $1,337.37 9.85%
12-2018 2567.310000 $132.39 $1,343.01 9.86%
01-2019 2607.390000 $133.06 $1,349.37 9.86%
02-2019 2754.860000 $133.72 $1,355.73 9.86%
03-2019 2803.980000 $134.39 $1,361.47 9.87%
04-2019 2903.800000 $134.68 $1,367.29 9.85%
05-2019 2854.710000 $134.98 $1,372.92 9.83%
06-2019 2890.170000 $135.27 $1,378.74 9.81%
07-2019 2996.110000 $134.48 $1,383.22 9.72%
08-2019 2897.500000 $133.69 $1,387.86 9.63%
09-2019 2982.160000 $132.90 $1,392.49 9.54%
10-2019 2977.680000 $135.09 $1,399.91 9.65%
11-2019 3104.900000 $137.28 $1,407.59 9.75%
12-2019 3176.750000 $139.47 $1,415.01 9.86%
01-2020 3278.200000 $131.76 $1,412.88 9.33%
02-2020 3277.310000 $124.04 $1,410.74 8.79%
03-2020 2652.390000 $116.33 $1,408.75 8.26%
04-2020 2761.980000 $111.30 $1,396.52 7.97%
05-2020 2919.620000 $104.93 $1,384.68 7.58%
06-2020 3104.660000 $99.23 $1,372.45 7.23%
07-2020 3207.620000 $100.68 $1,369.74 7.35%
08-2020 3391.710000 $98.56 $1,366.94 7.21%
09-2020 3365.520000 $98.22 $1,364.14 7.2%
10-2020 3418.700000 $95.01 $1,363.56 6.97%
11-2020 3548.990000 $93.23 $1,362.97 6.84%
12-2020 3695.310000 $90.74 $1,362.39 6.66%
01-2021 3793.750000 $105.49 $1,373.23 7.68%
02-2021 3883.430000 $116.84 $1,384.06 8.44%
03-2021 3910.510000 $128.20 $1,393.85 9.2%
04-2021 4141.180000 $138.39 $1,417.07 9.77%
05-2021 4167.850000 $148.57 $1,439.53 10.32%
06-2021 4238.490000 $158.76 $1,462.75 10.85%
07-2021 4363.710000 $164.32 $1,478.52 11.11%
08-2021 4454.210000 $169.87 $1,494.81 11.36%
09-2021 4445.540000 $175.43 $1,511.11 11.61%
10-2021 4460.710000 $182.91 $1,529.47 11.96%
11-2021 4667.390000 $190.39 $1,548.44 12.3%
12-2021 4674.770000 $197.87 $1,566.80 12.63%
01-2022 4573.820000 $197.88 $1,583.91 12.49%
02-2022 4435.980000 $197.90 $1,601.02 12.36%
03-2022 4391.270000 $197.91 $1,616.48 12.24%
04-2022 4391.300000 $196.03 $1,632.28 12.01%
05-2022 4040.360000 $194.14 $1,647.56 11.78%
06-2022 3898.950000 $192.26 $1,663.36 11.56%
07-2022 3911.730000 $190.58 $1,680.08 11.34%
08-2022 4158.560000 $188.91 $1,697.35 11.13%
09-2022 3850.520000 $187.23 $1,714.62 10.92%
10-2022 3726.050000 $182.40 $1,727.38 10.56%
11-2022 3917.490000 $177.58 $1,740.14 10.2%
12-2022 3912.380000 $172.75 $1,752.90 9.86%
01-2023 3960.660000 $172.75 $1,752.90 9.86%
02-2023 4079.680000 $172.75 $1,752.90 9.86%
03-2023 3968.560000 $172.75 $1,752.90 9.86%
04-2023 4121.470000 $172.75 $1,752.90 9.86%

Using the S&P 500 Profit Margin Tool

The S&P 500 profit margin visualization tool lets you zoom in and out on the margin history. You can see individual point estimates directly from the graph. Hover on desktop or laptop, or tap the graph on mobile or tablet to see the monthly value.

The graph on the bottom will control the zoom. Drag the window or move the handles on the right and left of the smaller window and change the historical view in the top graph.

On the top right of the main graph, there are a few tools to make using the data easier. For example, if you expand the hamburger menu, you can export the chart as a png or svg graphic, or export the backing data to a CSV for your analysis.

S&P 500 Profit Margin Summary Statistics

When you loaded the page, the tool automatically tallied summary statistics for the S&P 500. You’ll find:

  • Current Profit Margin – The S&P 500 profit margin using trailing twelve-month revenue and earnings estimates for the last date/data pair in the tool
  • Average – The average profit margin over all-time on the S&P 500 and pre-market history, using monthly samples
  • Median – The median profit margin ratio over the history of the S&P 500
  • Minimum – The minimum profit margin ratio found in the dataset
  • Maximum – The maximum profit margin ratio found in the dataset
  • Last Data Point – The last ‘full month’ of sales and earnings data, based on when the data for the S&P 500 Return Calculator is updated

What is the Profit Margin?

Profit margin is the earnings of a venture, project, company, or index divided by the total amount of top-line sales. Profit margin represents the efficiency of earnings by showing the dollars in sales required for a dollar in profit. When applied to the S&P 500 (as I’ve done here), it is the earnings per share over the sales per share in proportion to the S&P 500’s market capitalization.

Traditionally, profit margins are generally expressed for quarters or years. In this tool, they are annual profit margins using trailing twelve month point estimates of the earnings and sales in individual quarters. That makes December profit margins the most comparable to full-year company profit margins.

Can the profit margin be used for market valuation?

Yes, with significant caveats. Profit margins are helpful to compare to history as a blunt measure of the power of companies to earn at the expense of other inputs – especially labor or employment costs. It’s also possible that sustained high margins could lead to regulation, law, and accounting changes that affect company earnings.

I discussed the advantages and shortcomings of earnings and sales-based metrics in the S&P 500 Price to Sales Ratio and Price to Earnings ratio posts. Earnings are especially vulnerable to market and business cycles, accounting changes, and changes in law and regulations. However, the character of revenue has changed as the S&P 500 has shifted from raw materials and industrials to a higher percentage of technology firms. And, yes, both earnings and revenues can be misstated or inflated – Enron is the go-to case study.

Profit margin measures, in aggregate, suffer from both weaknesses. Since they are based on earnings, profit margins are also subject to market cycles. They are also affected by company structure and industry mix. Some industries, like software, have fewer Costs of Goods Sold (or COGS) and higher profit margins than (for example) industrials and consumer goods companies or even peer technology companies structured as marketplaces.

In short: be very careful with profit margins, especially when comparing over time. But you shouldn’t ignore it.

S&P 500 Profit Margin Sources and Methodology

Warnings and Disclaimers

I’ve done my best with the estimates in this tool and post. However, I cannot guarantee the accuracy of the data, nor can I state that my methodology is proper. Don’t make any investment decisions based on the data in the tool or post and consult your personal investment advisor.

Many data points are proxies and estimates. You should view the data in this tool as a starting point for your own research, create your own methodology, and write your own code to find superior estimates in individual months.

Although never the sole source of sales estimates, some data sets I used as inputs to the sales data set used profit margin estimates. Using the estimates again in this way is something approximating a light circular reference – you might prefer to re-estimate sales without using profit margin datasets.

And as always: data will be revised without warning. Download any data you’d like to archive, since I don’t maintain an archive of any data before I revise.

Other Measures of Market Valuation

There are a lot of inputs to profit margin, and it’s certainly an interesting value. However, some of these other posts might have a valuation metric more suitable for your purposes:

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