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XLPConsumer Staples Select Sector SPDR Fund
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  1. Home
  2. Financial Ratios

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  3. XLP
  4. Financial Ratios

Consumer Staples Select Sector SPDR Fund (XLP) Financial Ratios

Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE N/A. (2026–2026 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

XLP Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTM
Market Cap—
Enterprise Value—
P/E Ratio →—
P/S Ratio—
P/B Ratio—
P/FCF—
P/OCF—

P/E links to full P/E history page with 30-year chart

XLP EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTM
EV / Revenue—
EV / EBITDA—
EV / EBIT—
EV / FCF—

XLP Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTM
Gross Margin—
Operating Margin—
Net Profit Margin—

Return on Capital

MetricTTM
ROE—
ROA—
ROIC—
ROCE—

XLP Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTM
Debt / Equity—
Debt / EBITDA—
Net Debt / Equity—
Net Debt / EBITDA—
Debt / FCF—
Interest Coverage—

XLP Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTM
Current Ratio—
Quick Ratio—
Cash Ratio—
Asset Turnover—
Inventory Turnover—
Days Sales Outstanding—

XLP Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTM
Dividend Yield—
Payout Ratio—

Total Shareholder Return Metrics

MetricTTM
Earnings Yield—
FCF Yield—
Buyback Yield—
Total Shareholder Yield—
Shares Outstanding—

Key Metrics

Growth RegimeStable
ProfitabilityStrong
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

Concentration in mega-cap holdings

Defensive Premium Amidst Market Uncertainty

As reported in market data, XLP often trades at a valuation premium relative to the broader S&P 500, reflecting its status as a defensive bond-proxy, though this pricing may be sensitive to shifts in the 10-year Treasury yield which directly impacts the attractiveness of its dividend-heavy constituent base.

The valuation of XLP is less a reflection of its own internal growth and more a proxy for the market's risk appetite regarding consumer staples. Investors should monitor whether this premium remains justified as rising interest rates potentially compress the discounted cash flow valuations of the fund's largest, most mature holdings.

Institutional Liquidity Dominates Operational Efficiency

Based on trading volume analysis, XLP maintains a structural efficiency advantage over peers like VDC, evidenced by consistently tighter bid-ask spreads that facilitate institutional tactical hedging, a reality that reinforces its position as the primary liquidity vehicle for the consumer staples sector within the S&P 500 ecosystem.

This liquidity premium is the fund's primary operational moat, allowing it to capture significant institutional flows that smaller competitors cannot replicate. While the expense ratio is a factor, the ability to execute large trades with minimal slippage appears to be the dominant driver of its continued market dominance.

Structural Divergence From Passive Peers

According to comparative fund analysis, while XLP shares a similar mandate with IYK and VDC, its performance is structurally distinct due to its heavy concentration in a few mega-cap names, which creates a performance profile that often deviates from broader, more diversified consumer staples benchmarks.

The gap between XLP and its peers is not merely a function of expense ratios but rather a result of index construction and concentration. Investors should recognize that XLP acts more as a concentrated bet on a handful of multinational balance sheets than as a broad-based sector exposure.

Misapplication of Diversification Metrics

The most commonly misapplied metric for XLP is the assumption of broad sector diversification, as the top five holdings frequently represent over 50% of the fund's weight, which obscures the significant idiosyncratic risk inherent in the performance of just a few large-cap consumer staples companies.

Analysts should replace standard diversification metrics with a concentration-adjusted risk assessment to better understand the fund's true exposure. Relying on the 'staples' label to imply safety ignores the reality that a single corporate event at a top-weighted constituent can disproportionately impact the entire fund's performance.

Download Financial Ratios Data

Includes 30+ ratios · 0 years · Updated daily

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XLP — Frequently Asked Questions

Quick answers to the most common questions about buying XLP stock.

Is XLP stock overvalued?

Based on historical data, Consumer Staples Select Sector SPDR Fund is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.