Dow Jones earnings: $836B trailing 12 months · +26.5% YoY
The Dow companies we track earned $836B of net income over the trailing twelve months (30 members, summed from their SEC filings, as of market close, Jul 22, 2026) — +26.5% versus the same companies a year earlier, on aggregate revenue of about $4.67T. These are as-filed dollars, not estimates.
- Net income (TTM)
- $836B
- YoY growth
- +26.5%
- Revenue (TTM)
- $4.67T
- Trailing P/E
- 23.9
The last 10 fiscal years, from SEC filings
Today's members' combined results by fiscal year — actual filed dollars, so the COVID dip and the rebound are the real thing, not revisions.
| Fiscal year | Net income | Growth | Revenue | Net margin | Companies |
|---|---|---|---|---|---|
| FY2025 | $706B | +23.8% | $4.36T | 16.2% | 30 |
| FY2024 | $570B | +12.7% | $4.01T | 14.2% | 30 |
| FY2023 | $506B | +2.5% | $3.85T | 13.1% | 30 |
| FY2022 | $493B | +8.1% | $3.57T | 13.8% | 30 |
| FY2021 | $456B | +54.9% | $3.23T | 14.1% | 29 |
| FY2020 | $295B | -15.2% | $2.72T | 10.8% | 29 |
| FY2019 | $347B | +12.9% | $2.73T | 12.7% | 30 |
| FY2018 | $308B | +9.8% | $2.67T | 11.5% | 29 |
| FY2017 | $280B | +13.0% | $2.52T | 11.2% | 30 |
| FY2016 | $248B | — | $2.18T | 11.4% | 29 |
Current members summed by fiscal year (calendar year of each company's fiscal year-end), as filed with the SEC. Earlier years include fewer companies (recent IPOs have no FY2016 filing) — the Companies column shows the changing coverage; growth compares the totals as shown. Revenue excludes most financials (no clean revenue line, by design).
FAQ
- How much do Dow Jones companies earn?
- Aggregate trailing-twelve-month net income across the members we track is about $836B (30 companies, from their SEC filings), +26.5% versus the same companies a year earlier. Aggregate TTM revenue is about $4.67T.
- How fast do Dow Jones earnings grow?
- Over the last 10 fiscal years, today's members' combined net income grew from $248B (FY2016) to $706B (FY2025) — about 12.3%/yr, with the usual cyclical swings along the way.
- Where do these numbers come from?
- Current aggregates are summed from each member's trailing-twelve-month net income exactly as filed with the SEC (our EDGAR pipeline), weighted by nothing — it's a plain sum, so it's the actual dollars earned. Growth compares the same member set year over year, so index membership changes don't distort it.
Notes & related
Aggregates sum each tracked member's TTM net income / revenue from our SEC EDGAR pipeline (a few members lack a clean revenue line by design — mostly financials). YoY growth is computed on a matched set: only members with a filed TTM window both now and a year ago, so membership churn doesn't pollute the rate. See who earns the most on the most profitable companies list, what you pay for those earnings at the index P/E, or each company's own statements via its Financials tab. Not investment advice.
ChartRow is not affiliated with, sponsored by, or endorsed by S&P Dow Jones Indices LLC, S&P Global, or Nasdaq, Inc. "S&P 500®" and "Dow Jones®" are registered trademarks of S&P Dow Jones Indices LLC; "Nasdaq-100®" is a registered trademark of Nasdaq, Inc. They are used here only to identify the indexes discussed. All index-related figures on this page are independently derived from public sources — SEC filings, Robert Shiller's public dataset, and our own computations — not from any index provider's data feed.