S&P 500 Sectors & Industries Forward Profit Margins · May 21, 2020 / S&P 500 Sectors & Industries...
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S&P 500 Sectors & Industries Forward Profit Margins (weekly) Yardeni Research, Inc. June 3, 2020 Dr. Edward Yardeni 516-972-7683 [email protected] Joe Abbott 732-497-5306 [email protected] Mali Quintana 480-664-1333 [email protected]" Please visit our sites at www.yardeni.com blog.yardeni.com thinking outside the box
Transcript of S&P 500 Sectors & Industries Forward Profit Margins · May 21, 2020 / S&P 500 Sectors & Industries...
S&P 500 Sectors & IndustriesForward Profit Margins
(weekly)Yardeni Research, Inc.
June 3, 2020
Dr. Edward Yardeni516-972-7683
Joe Abbott732-497-5306
Mali Quintana480-664-1333
Please visit our sites atwww.yardeni.comblog.yardeni.com
thinking outside the box
Table Of Contents Table Of ContentsTable Of Contents
June 3, 2020 / S&P 500 Sectors & Industries Forward Profit Margins www.yardeni.com
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S&P 500 Forward Profit MarginsS&P 500 Sectors Forward Profit Margins 3-4Consumer Discretionary 5-6Consumer Staples 7Energy 8Financials 9-10Health Care 11Industrials 12-13Information Technology 14Materials 15-16Telecommunication Services & Utilities 17
Figure 1.
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CONSUMER DISCRETIONARYForward Profit Margin(projected forward profit margin, percent)
Sector (4.7)S&P 500 (10.3)
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INDUSTRIALS
(7.3)
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CONSUMER STAPLES
(7.2)
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INFORMATION TECHNOLOGY
(21.7)
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ENERGY
(0.6)
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MATERIALS
(8.8)
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FINANCIALS
(13.5)
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COMMUNICATION SERVICES
(13.4)
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HEALTH CARE
(10.0)
Source: I/B/E/S data by Refinitiv.
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UTILITIES
(13.9)yardeni.com
S&P 500 Sectors Forward Profit Margins
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Figure 2.
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CONSUMER DISCRETIONARY
(4.7)
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1920 21
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INDUSTRIALS
(7.3)
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6.0
6.5
7.0
7.5
8.0
8.5
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2021
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CONSUMER STAPLES
(7.2)
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INFORMATION TECHNOLOGY
(21.7)
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ENERGY
(0.6)
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MATERIALS
(8.8)
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FINANCIALS
(13.5)
Includes Real Estatethrough September 2016
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COMMUNICATION SERVICES
(13.4)
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19 2021
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HEALTH CARE
(10.0)
* Time-weighted average of the consensus estimates for current and next year. Source: I/B/E/S data by Refinitiv.
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UTILITIES
(13.9)yardeni.com
S&P 500 Sectors Forward Profit Margins
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S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY(projected forward profit margin, percent)
Consumer Discretionary Sector (4.7)
Advertising (8.5)
Automobile Manufacturers (0.1)
Auto Parts & Equipment (4.9)
Publishing (1.5)
Source: I/B/E/S data by Refinitiv.
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Figure 3.
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S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY(projected forward profit margin, percent)
Consumer Discretionary Sector (4.7)
Casinos & Gaming (-6.0)
Movies & Entertainment (15.9)
Hotels, Resorts & Cruise Lines (-5.1)
Restaurants (14.1)
Source: I/B/E/S data by Refinitiv.
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Figure 4.
Consumer Discretionary
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S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY(projected forward profit margin, percent)
Consumer Discretionary Sector (4.7)
Apparel Retail (3.5)
Department Stores (-0.8)
Specialty Stores (7.6)
Source: I/B/E/S data by Refinitiv.
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Figure 5.
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S&P 500 FORWARD PROFIT MARGINS: CONSUMER DISCRETIONARY(projected forward profit margin, percent)
Margins capped at 2%due to extreme values.
Consumer Discretionary Sector (4.7)
Computer & Electronics Retail (3.3)
Home Improvement Retail (8.5)
Homebuilding (8.1)
Household Appliances (4.1)
Source: I/B/E/S data by Refinitiv.
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Figure 6.
Consumer Discretionary
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S&P 500 FORWARD PROFIT MARGINS: CONSUMER STAPLES(projected forward profit margin, percent)
Consumer Staples Sector (7.2)
Household Products (16.8)
Packaged Foods & Meats (9.6)
Personal Products (7.1)
Source: I/B/E/S data by Refinitiv.
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Figure 7.
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S&P 500 FORWARD PROFIT MARGINS: CONSUMER STAPLES(projected forward profit margin, percent)
Consumer Staples Sector (7.2)Brewers (7.1)Drug Retail (3.6)Soft Drinks (15.8)Tobacco (32.2)
Source: I/B/E/S data by Refinitiv.
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Figure 8.
Consumer Staples
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S&P 500 FORWARD PROFIT MARGINS: ENERGY(projected forward profit margin, percent)
Energy Sector (0.6)
Integrated Oil & Gas (0.0)
Oil & Gas Refining & Marketing (0.9)
Source: I/B/E/S data by Refinitiv.
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Figure 9.
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S&P 500 FORWARD PROFIT MARGINS: ENERGY(projected forward profit margin, percent)
Energy Sector (0.6)
Oil & Gas Drilling (-17.3)
Oil & Gas Equipment & Services (0.2)
Oil & Gas Exploration & Production (-3.2)
Source: I/B/E/S data by Refinitiv.
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Figure 10.
Energy
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S&P 500 FORWARD PROFIT MARGINS: FINANCIALS(projected forward profit margin, percent)
Financials Sector (13.5)
Consumer Finance (7.7)
Diversified Banks (15.5)
Regional Banks (17.1)
Source: I/B/E/S data by Refinitiv.
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Figure 11.
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S&P 500 FORWARD PROFIT MARGINS: FINANCIALS(percent)
Financials Sector (13.5)Asset Management & Custody Banks (22.3)Financial Exchanges & Data (40.7)Investment Banking & Brokerage(17.2)
Source: I/B/E/S data by Refinitiv.
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Figure 12.
Financials
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S&P 500 FORWARD PROFIT MARGINS: FINANCIALS(percent)
Financials Sector (13.5)Insurance Brokers (16.1)Life & Health Insurance (9.1)Multi-Line Insurance (7.0)Property & Casaulty Insurance (10.0)
Source: I/B/E/S data by Refinitiv.
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Figure 13.
Financials
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S&P 500 FORWARD PROFIT MARGINS: HEALTH CARE(projected forward profit margin, percent)
Health Care Sector (10.0)
Biotechnology (38.3)
Health Care Equipment (18.0)
Managed Health Care (4.8)
Source: I/B/E/S data by Refinitiv.
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Figure 14.
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S&P 500 FORWARD PROFIT MARGINS: HEALTH CARE(projected forward profit margin, percent)
Health Care Sector (10.0)
Health Care Facilities (5.7)
Pharmaceuticals (29.3)
Health Care Distributors (1.0)
Source: I/B/E/S data by Refinitiv.
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Figure 15.
Health Care
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S&P 500 FORWARD PROFIT MARGINS: INDUSTRIALS(projected forward profit margin, percent)
Industrials Sector (7.3)
Construction Machinery & Heavy Trucks (7.6)Industrial Conglomerates (9.0)
Industrial Machinery (10.5)
Source: I/B/E/S data by Refinitiv.
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Figure 16.
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S&P 500 FORWARD PROFIT MARGINS: INDUSTRIALS(projected forward profit margin, percent)
Industrials Sector (7.3)
Aerospace & Defense (7.4)
Electrical Components& Equipment (11.9)
Source: I/B/E/S data by Refinitiv.
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Figure 17.
Industrials
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S&P 500 FORWARD PROFIT MARGINS: INDUSTRIALS(percent)
Industrials Sector (7.3)Air Freight & Logistics(4.7)Airlines (-10.6)Railroads (27.1)Trucking (8.4)
Source: I/B/E/S data by Refinitiv.
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Figure 18.
Industrials
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S&P 500 FORWARD PROFIT MARGINS: INFORMATION TECHNOLOGY(percent)
Information Technology Sector (21.7)Application Software (23.5)Data Processing & Outsourcing (27.6)IT Consulting & Other Services (11.5)Systems Software (30.4)
Source: I/B/E/S data by Refinitiv.
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Figure 19.
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S&P 500 FORWARD PROFIT MARGINS: INFORMATION TECHNOLOGY(percent)
Information Technology Sector (21.7)Communications Equipment (24.9)Semiconductors (27.8)Semiconductor Equipment (23.2)Technology Hardware,Storage & Peripherals (17.5)
Source: I/B/E/S data by Refinitiv.
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Figure 20.
Information Technology
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S&P 500 FORWARD PROFIT MARGINS: MATERIALS(projected forward profit margin, percent)
Materials Sector (8.8)
Paper Products (5.8)
Steel (3.3)
Source: I/B/E/S data by Refinitiv.
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Figure 21.
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S&P 500 FORWARD PROFIT MARGINS: MATERIALS(projected forward profit margin, percent)
Materials Sector (8.8)
Diversified Chemicals (10.2)
Fertilizers & Agricultural Chemicals (8.0)
Industrial Gases (17.2)
Specialty Chemicals (11.4)
Source: I/B/E/S data by Refinitiv.
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Figure 22.
Materials
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S&P 500 FORWARD PROFIT MARGINS: MATERIALS(projected forward profit margin, percent)
Materials Sector (8.8)
Copper
Gold (17.4)
Metal & Glass Containers (7.9)
Paper Packaging (5.8)
Source: I/B/E/S data by Refinitiv.
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Figure 23.
Materials
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S&P 500 FORWARD PROFIT MARGINS: COMMUNICATION SERVICES(projected forward profit margin, percent)
Communication Services Sector (13.4)
Integrated Telecommunication (14.6)
Source: I/B/E/S data by Refinitiv.
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Figure 24.
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S&P 500 FORWARD PROFIT MARGINS: UTILITIES(projected forward profit margin, percent)
Utilities Sector (13.9)
Electric Utilities (13.9)
Independent Power Producers& Energy Traders (9.1)Multi-Utilities (14.1)
Water Utilities (18.7)
Source: I/B/E/S data by Refinitiv.
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Figure 25.
Telecommunication Services & Utilities
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