Tax
Rates by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2017
Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/taxrate.xls
For global datasets: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
can be obtained by clicking here
on
which companies are included in each industry
| Industry name | Number of firms | Average across all companies | Average across only money-making companies | Aggregate effective tax rate |
| Advertising | 41 | 5.10% | 30.93% | 32.68% |
| Aerospace/Defense | 96 | 10.86% | 23.22% | 25.09% |
| Air Transport | 18 | 22.99% | 28.52% | 21.14% |
| Apparel | 58 | 10.95% | 22.42% | 21.80% |
| Auto & Truck | 15 | 8.14% | 12.66% | 9.10% |
| Auto Parts | 63 | 10.40% | 27.22% | 25.41% |
| Bank (Money Center) | 10 | 27.90% | 30.23% | 30.23% |
| Banks (Regional) | 645 | 25.43% | 29.94% | 29.20% |
| Beverage (Alcoholic) | 25 | 10.86% | 26.91% | 27.04% |
| Beverage (Soft) | 36 | 5.87% | 23.50% | 23.52% |
| Broadcasting | 30 | 18.54% | 29.32% | 37.82% |
| Brokerage & Investment Banking | 45 | 13.59% | 30.63% | 30.71% |
| Building Materials | 41 | 23.39% | 30.05% | 12.53% |
| Business & Consumer Services | 165 | 12.61% | 35.45% | 38.64% |
| Cable TV | 14 | 20.28% | 37.20% | 20.65% |
| Chemical (Basic) | 45 | 7.71% | 23.77% | 29.20% |
| Chemical (Diversified) | 8 | 6.59% | 11.56% | 11.33% |
| Chemical (Specialty) | 100 | 9.58% | 27.57% | 30.42% |
| Coal & Related Energy | 38 | 0.48% | 0.69% | NA |
| Computer Services | 117 | 11.18% | 15.63% | 15.99% |
| Computers/Peripherals | 55 | 5.68% | 25.59% | 26.44% |
| Construction Supplies | 51 | 18.44% | 30.41% | 26.46% |
| Diversified | 24 | 11.55% | 22.37% | 22.97% |
| Drugs (Biotechnology) | 426 | 1.44% | 19.99% | 31.79% |
| Drugs (Pharmaceutical) | 164 | 2.54% | 18.18% | 19.41% |
| Education | 36 | 9.29% | 33.79% | 40.72% |
| Electrical Equipment | 119 | 5.87% | 28.74% | 34.02% |
| Electronics (Consumer & Office) | 24 | 3.81% | 30.25% | NA |
| Electronics (General) | 164 | 8.85% | 22.36% | 9.71% |
| Engineering/Construction | 48 | 15.15% | 33.90% | 49.85% |
| Entertainment | 79 | 5.50% | 30.64% | 30.34% |
| Environmental & Waste Services | 89 | 5.07% | 35.55% | 36.03% |
| Farming/Agriculture | 37 | 7.89% | 23.82% | 24.68% |
| Financial Svcs. (Non-bank & Insurance) | 258 | 20.80% | 31.81% | 31.90% |
| Food Processing | 87 | 14.66% | 30.10% | 29.48% |
| Food Wholesalers | 16 | 11.77% | 34.17% | 29.77% |
| Furn/Home Furnishings | 30 | 14.58% | 23.72% | 23.81% |
| Green & Renewable Energy | 25 | 4.25% | 26.42% | NA |
| Healthcare Products | 254 | 6.12% | 16.51% | 16.35% |
| Healthcare Support Services | 121 | 14.31% | 38.15% | 38.27% |
| Heathcare Information and Technology | 125 | 6.32% | 17.53% | 19.08% |
| Homebuilding | 33 | 27.28% | 34.37% | 34.39% |
| Hospitals/Healthcare Facilities | 38 | 12.06% | 31.40% | 54.47% |
| Hotel/Gaming | 69 | 11.23% | 12.10% | 15.99% |
| Household Products | 129 | 9.05% | 26.65% | 27.06% |
| Information Services | 64 | 16.37% | 27.15% | 28.51% |
| Insurance (General) | 19 | 18.33% | 24.92% | 23.20% |
| Insurance (Life) | 22 | 22.91% | 25.47% | 25.48% |
| Insurance (Prop/Cas.) | 50 | 22.27% | 27.32% | 27.39% |
| Investments & Asset Management | 156 | 7.71% | 23.02% | 24.41% |
| Machinery | 127 | 11.73% | 27.05% | 28.76% |
| Metals & Mining | 97 | 1.16% | 33.52% | NA |
| Office Equipment & Services | 24 | 16.68% | 31.30% | 30.80% |
| Oil/Gas (Integrated) | 7 | 1.14% | 8.01% | NA |
| Oil/Gas (Production and Exploration) | 330 | 0.32% | 7.08% | NA |
| Oil/Gas Distribution | 78 | 2.93% | 7.78% | 3.44% |
| Oilfield Svcs/Equip. | 148 | 4.11% | 28.22% | NA |
| Packaging & Container | 26 | 24.47% | 27.68% | 24.70% |
| Paper/Forest Products | 23 | 14.46% | 12.58% | 6.48% |
| Power | 68 | 19.27% | 29.22% | 43.67% |
| Precious Metals | 109 | 1.84% | 90.15% | NA |
| Publishing & Newspapers | 37 | 14.32% | 35.32% | 34.67% |
| R.E.I.T. | 238 | 1.72% | 2.16% | NA |
| Real Estate (Development) | 18 | 1.97% | 28.58% | NA |
| Real Estate (General/Diversified) | 11 | 15.32% | 22.36% | 8.49% |
| Real Estate (Operations & Services) | 54 | 8.78% | 33.52% | 37.58% |
| Recreation | 66 | 13.21% | 28.28% | 28.63% |
| Reinsurance | 3 | 19.33% | 27.88% | 27.88% |
| Restaurant/Dining | 86 | 16.47% | 30.14% | 30.45% |
| Retail (Automotive) | 25 | 22.58% | 35.73% | 35.77% |
| Retail (Building Supply) | 6 | 20.11% | 38.63% | 39.21% |
| Retail (Distributors) | 88 | 16.95% | 34.22% | 26.74% |
| Retail (General) | 19 | 22.22% | 30.58% | 32.92% |
| Retail (Grocery and Food) | 14 | 24.11% | 34.01% | 34.01% |
| Retail (Online) | 57 | 8.46% | 32.20% | 33.59% |
| Retail (Special Lines) | 108 | 21.29% | 34.23% | 35.78% |
| Rubber& Tires | 4 | 10.09% | 20.10% | 20.51% |
| Semiconductor | 80 | 7.71% | 18.94% | 20.45% |
| Semiconductor Equip | 45 | 11.13% | 16.61% | 16.76% |
| Shipbuilding & Marine | 11 | 7.30% | 36.76% | NA |
| Shoe | 10 | 14.47% | 16.65% | 16.98% |
| Software (Entertainment) | 13 | 1.04% | 6.79% | NA |
| Software (Internet) | 297 | 3.49% | 20.12% | 25.27% |
| Software (System & Application) | 236 | 5.67% | 22.27% | 24.60% |
| Steel | 38 | 7.94% | 27.60% | NA |
| Telecom (Wireless) | 17 | 9.11% | 37.72% | NA |
| Telecom. Equipment | 107 | 6.14% | 19.63% | 20.87% |
| Telecom. Services | 67 | 13.36% | 34.77% | 28.67% |
| Tobacco | 22 | 8.84% | 33.40% | 33.53% |
| Transportation | 17 | 17.46% | 34.67% | 34.45% |
| Transportation (Railroads) | 7 | 22.17% | 35.87% | 35.87% |
| Trucking | 30 | 26.74% | 37.49% | 37.28% |
| Utility (General) | 18 | 25.62% | 30.09% | 29.72% |
| Utility (Water) | 22 | 11.97% | 32.04% | 34.45% |
| Total Market | 7330 | 10.44% | 26.22% | 28.49% |
| Total Market (without financials) | 6100 | 8.31% | 25.37% | 28.19% |