S&P 500 Q2 net profit margin hits 16.9%, on track for highest since 2009
- 1The blended net profit margin for S&P 500 companies in Q2 came in at 16.9%, up from 14.8% in the prior quarter and 12.9% a year earlier.
- 2The figure exceeded the five-year average of 12.4%, and if maintained, would mark the highest level since FactSet began tracking the metric in 2009.
- 3Alphabet and Amazon were the largest contributors, and even excluding the two names, the margin still stands at 15%—also the highest since 2009.
This 3-line summary is compiled from the report below.
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