Fundamental Growth in EPS by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2020

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/fundgr.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 ROE Retention Ratio Fundamental Growth 
Advertising 47 26.08% -1.33% -0.35%
Aerospace/Defense 77 31.42% 55.86% 17.55%
Air Transport 18 28.20% 84.92% 23.95%
Apparel 51 16.72% 56.95% 9.52%
Auto & Truck 13 12.43% 48.42% 6.02%
Auto Parts 46 12.56% 73.69% 9.26%
Bank (Money Center) 7 12.80% 72.60% 9.29%
Banks (Regional) 611 12.05% 70.23% 8.46%
Beverage (Alcoholic) 21 6.88% 33.00% 2.27%
Beverage (Soft) 34 40.25% 42.56% 17.13%
Broadcasting 27 93.39% 61.85% 57.77%
Brokerage & Investment Banking 39 14.06% 77.79% 10.93%
Building Materials 42 14.05% 73.25% 10.29%
Business & Consumer Services 165 10.24% 26.18% 2.68%
Cable TV 14 11.76% 76.85% 9.03%
Chemical (Basic) 43 9.16% 9.14% 0.84%
Chemical (Diversified) 6 10.07% 37.28% 3.75%
Chemical (Specialty) 94 5.68% 36.01% 2.05%
Coal & Related Energy 22 11.59% 83.19% 9.64%
Computer Services 106 17.29% 47.86% 8.27%
Computers/Peripherals 48 39.99% 73.16% 29.26%
Construction Supplies 44 24.78% 71.45% 17.70%
Diversified 23 7.86% 81.78% 6.43%
Drugs (Biotechnology) 503 -0.94% 99.90% -0.94%
Drugs (Pharmaceutical) 267 21.51% 38.61% 8.30%
Education 35 12.90% 95.44% 12.31%
Electrical Equipment 113 20.08% 63.20% 12.69%
Electronics (Consumer & Office) 20 -10.11% 100.00% -10.11%
Electronics (General) 153 11.29% 75.33% 8.51%
Engineering/Construction 54 3.43% 63.14% 2.16%
Entertainment 107 17.66% 77.86% 13.75%
Environmental & Waste Services 82 10.68% 46.54% 4.97%
Farming/Agriculture 31 9.14% 43.76% 4.00%
Financial Svcs. (Non-bank & Insurance) 232 0.07% 84.04% 0.06%
Food Processing 88 1.90% -203.82% -3.88%
Food Wholesalers 17 15.51% 49.36% 7.66%
Furn/Home Furnishings 35 16.97% 75.78% 12.86%
Green & Renewable Energy 22 -5.80% 99.88% -5.79%
Healthcare Products 242 9.78% 69.73% 6.82%
Healthcare Support Services 128 13.16% 61.63% 8.11%
Heathcare Information and Technology 129 11.17% 91.46% 10.22%
Homebuilding 32 15.26% 92.74% 14.15%
Hospitals/Healthcare Facilities 36 62.13% 76.38% 47.45%
Hotel/Gaming 65 16.23% 45.70% 7.42%
Household Products 127 10.59% -52.58% -5.57%
Information Services 69 30.52% 75.09% 22.92%
Insurance (General) 19 7.42% 57.95% 4.30%
Insurance (Life) 24 10.44% 73.93% 7.72%
Insurance (Prop/Cas.) 51 10.58% 64.18% 6.79%
Investments & Asset Management 192 13.31% 50.67% 6.75%
Machinery 120 20.03% 72.00% 14.42%
Metals & Mining 92 3.27% -102.98% -3.37%
Office Equipment & Services 22 18.22% 61.43% 11.19%
Oil/Gas (Integrated) 4 7.85% 10.93% 0.86%
Oil/Gas (Production and Exploration) 269 6.36% 72.64% 4.62%
Oil/Gas Distribution 24 3.91% -203.21% -7.95%
Oilfield Svcs/Equip. 136 -8.40% 99.68% -8.37%
Packaging & Container 24 15.96% 55.03% 8.78%
Paper/Forest Products 15 2.05% -79.43% -1.62%
Power 52 5.71% 2.41% 0.14%
Precious Metals 83 12.90% 79.23% 10.22%
Publishing & Newspapers 31 -3.79% 99.20% -3.75%
R.E.I.T. 234 5.49% -92.44% -5.07%
Real Estate (Development) 20 3.37% 99.95% 3.37%
Real Estate (General/Diversified) 12 5.71% 77.95% 4.45%
Real Estate (Operations & Services) 57 11.92% 80.77% 9.62%
Recreation 63 4.27% -164.95% -7.04%
Reinsurance 2 5.00% 81.74% 4.09%
Restaurant/Dining 77 NA 46.09% NA
Retail (Automotive) 26 34.60% 95.58% 33.07%
Retail (Building Supply) 17 94.81% 46.29% 43.89%
Retail (Distributors) 80 16.47% 71.09% 11.71%
Retail (General) 18 18.14% 55.56% 10.08%
Retail (Grocery and Food) 13 18.11% 65.81% 11.92%
Retail (Online) 70 22.41% 96.40% 21.60%
Retail (Special Lines) 89 19.92% 59.91% 11.93%
Rubber& Tires 4 3.70% 23.57% 0.87%
Semiconductor 72 20.29% 56.09% 11.38%
Semiconductor Equip 39 27.65% 70.80% 19.58%
Shipbuilding & Marine 10 2.69% 67.89% 1.83%
Shoe 11 40.16% 73.22% 29.40%
Software (Entertainment) 86 18.49% 100.00% 18.49%
Software (Internet) 30 6.14% 97.42% 5.98%
Software (System & Application) 363 27.91% 69.45% 19.39%
Steel 32 18.41% 80.34% 14.79%
Telecom (Wireless) 18 1.15% 86.20% 0.99%
Telecom. Equipment 91 17.58% 46.69% 8.21%
Telecom. Services 67 5.67% -70.56% -4.00%
Tobacco 17 -0.05% -43.69% 0.02%
Transportation 18 21.61% 40.02% 8.65%
Transportation (Railroads) 8 23.44% 66.14% 15.50%
Trucking 33 -32.07% 99.86% -32.03%
Utility (General) 16 11.07% 24.57% 2.72%
Utility (Water) 17 13.63% 54.03% 7.36%
Total Market 7053 13.63% 54.03% 7.36%
Total Market (without financials) 5878 13.30% 47.58% 6.33%


Last updated in January 2020
By Aswath Damodaran