A snip from tomorrow’s Greedometer weekly newsletter…

As-reported profit margins (Q2 2013) are likely to end up around 9.0% once all the data is in. With 14.5 years of data on hand, that is the highest as-reported profit margin seen. In fact, it is probably the highest as-reported profit margin from the S&P500 ever. FYI: Q1 saw an as-reported profit margin of 8.94% — the previous highest. What we know about profit margins is they’re mean reverting. The long term mean is 6.3. The higher you stretch the rubber band, the further it snaps in the opposite direction afterwards.

profit margin peak 2013