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Mar 06 2026
The Leuthold Refresh

S&P 500 Earnings Waterfall 4Q 2025

  • Mar 6, 2026

The final quarter of 2025 produced blockbuster sales growth of 9.4% for S&P 500 companies. This strength was broad based, led by the Technology sector’s 22% sales gain and an 11% jump in revenue for Communication Services.

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About The Author

Scott Opsal / Director

Scott Opsal Director

Scott oversees asset allocation, investment policies, and team coordination. He also conducts in-depth research using fundamental and quantitative analyses to support the firm’s portfolio and strategy recommendations.

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