Valuation check: SPY's profit margin is 30.71%, above the sector sector average of 13.09%.
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Trailing 12 months ending Mar 2024
SSgA Active Trust - SPDR S&P 500 ETF Trust posts a profit margin of 30.71% as of March 2024. That is above the sector sector average of 13.09%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a profit margin near 13.09% is typical. SSgA Active Trust - SPDR S&P 500 ETF Trust's 30.71% is higher that level. That is roughly 134.6% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
SSgA Active Trust - SPDR S&P 500 ETF Trust's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 30.71% as of March 2024; use YoY and peer views to separate noise from signal.
Context for SPY's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.09%), and (3) consistency with growth and profitability. This page covers the first two; SSgA Active Trust - SPDR S&P 500 ETF Trust's other metric pages and overview cover the third.