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S&P 500 real earnings per share

Trailing twelve-month inflation-adjusted earnings per index share. This is a real EPS series, not total company profits or nominal EPS.

Latest stored source observation

$295.36

As of 2026-06-30. Dataset last changed 2026-10-03 (UTC). Not a live quote.

Inflation-adjustment base: July 2026 dollars.

S&P 500 real earnings per share

2016-06-30–2026-06-30 · 121 dated observations. Hover or touch the chart to inspect values.

Accessible data table for this range
S&P 500 real earnings per share source observations, most recent first
DateValue (USD per index share)Source estimate
$295.36—
$283.14—
$273.68—
$264.66—
$260.25—
$254.26—
$247.96—
$246.06—
$243.95—
$240.63—
$237.28—
$233.99—
$230.37—
$229.13—
$227.58—
$226.26—
$224.49—
$223.20—
$222.37—
$218.95—
$215.34—
$212.09—
$210.90—
$209.54—
$208.24—
$206.70—
$205.44—
$204.62—
$206.31—
$207.97—
$209.48—
$206.30—
$202.93—
$199.89—
$199.21—
$198.90—
$198.10—
$196.60—
$194.96—
$193.79—
$193.53—
$193.71—
$194.36—
$199.12—
$204.27—
$210.47—
$212.87—
$214.74—
$216.66—
$221.79—
$226.41—
$229.86—
$232.91—
$235.02—
$236.99—
$228.70—
$220.77—
$213.48—
$207.30—
$200.96—
$195.12—
$184.30—
$173.04—
$161.62—
$148.34—
$134.66—
$120.67—
$122.53—
$124.21—
$126.01—
$126.62—
$127.45—
$128.53—
$136.66—
$144.08—
$150.49—
$160.12—
$170.55—
$181.23—
$178.22—
$175.29—
$172.84—
$174.00—
$175.02—
$176.34—
$176.00—
$175.99—
$176.53—
$176.65—
$176.51—
$175.96—
$174.52—
$173.05—
$172.48—
$169.18—
$165.78—
$162.30—
$159.45—
$156.98—
$154.47—
$152.33—
$150.52—
$148.83—
$147.48—
$146.22—
$144.87—
$144.25—
$143.29—
$141.80—
$140.23—
$138.65—
$137.36—
$134.85—
$132.64—
$130.77—
$128.29—
$125.58—
$123.22—
$122.51—
$121.62—
$120.42—

Full-history observation statistics

Mean
$48.43
Median
$30.59
Minimum
$5.60 (1921-12-31)
Maximum
$295.36 (2026-06-30)

Calculated from 1,866 stored observations, equally weighted, including the current point. They may differ from Multpl’s summary statistics. Historical data may predate the modern S&P 500 index.

Source & methodology

Multpl, crediting S&P and Robert Shiller. The constant-dollar base can change when the source updates; the entire series is refreshed together.

Read the source chart and definition or original monthly table.

Updates are checked on weekdays. A failed or malformed source keeps the previous dataset and its dates. Monthly history is replaced together so revisions and inflation rebasing remain internally consistent. No values are invented for missing dates.