S&P 500 Year-over-Year EBIT Growth (TTM)

Live value temporarily unavailable.

Source: Company filings (aggregated)

Data updated daily

What it measures

The S&P 500 EBIT growth rate measures the year-over-year percentage change in aggregate trailing-twelve-month EBIT (operating income) for index constituents. A reading of +7% means aggregate operating profit grew 7% versus the equivalent twelve-month window one year earlier.

Why it matters

EBIT growth captures the operational earnings trajectory while excluding financing costs, making it more comparable across companies with different capital structures. Unlike EBITDA growth, it retains the impact of depreciation — an important discipline for capital-intensive businesses where depreciation represents genuine economic cost. EBIT growth diverging from EBITDA growth signals a change in the D&A burden, which can reflect shifts in capital investment intensity or acquisition-driven amortization. It is the closest accounting proxy to the operating free cash flow concept used in discounted cash flow models before adjusting for taxes and capex.

How it is calculated

EBIT Growth (YoY, TTM) = (Σ TTM EBIT_t − Σ TTM EBIT_t−4Q) ÷ |Σ TTM EBIT_t−4Q| × 100

LENSE computes the S&P 500 EBIT growth rate as the year-over-year change in aggregate TTM operating income — the sum across current index constituents — not an average of individual company growth rates. Operating income per constituent is sourced from as-reported quarterly income statements; TTM figures are constructed by summing the four most recently reported quarters. Periods where the prior-period aggregate EBIT is zero or negative are excluded. Index constituency is resolved point-in-time using point-in-time index constituency.

Recent (monthly)

Recent data unavailable.

Data source: Company filings (aggregated). Computed and published by LENSE Analytics.