No S&P 500 Sector Has A Rising ROIC Through First Half 2020

No S&P 500 Sector Has A Rising ROIC Through First Half 2020

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This report analyzes the drivers[1] of economic earnings [return on invested capital (ROIC), NOPAT margin, invested capital turns and weighted average cost of capital (WACC)] for the S&P 500 and each of its sectors.

For reference, I analyze the core earnings for the entire S&P 500 in “S&P 500 Peaks As Earnings Trough” and for each S&P 500 sector in “Only One S&P 500 Sector's Core Earnings Improved This Year.”

These reports leverage cutting-edge technology to provide clients with a cleaner and more comprehensive view of earnings[2]. Investors armed with my firm's measure of core earnings and profitability enjoy a differentiated and more informed view of the fundamentals of companies and sectors.



No S&P 500 sector has seen an improvement