Fundamental Growth in EBIT by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2022

Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/fundgrEB.xls

For global datasets: https://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 ROC Reinvestment Rate Expected Growth in EBIT
Advertising 49 50.20% -1.33% -0.67%
Aerospace/Defense 73 14.76% 46.21% 6.82%
Air Transport 21 -19.81% NA NA
Apparel 39 20.35% 28.51% 5.80%
Auto & Truck 26 4.74% 237.77% 11.27%
Auto Parts 38 14.77% 128.64% 19.00%
Bank (Money Center) 7 -0.01% NA NA
Banks (Regional) 563 -0.08% NA NA
Beverage (Alcoholic) 21 15.28% 15.23% 2.33%
Beverage (Soft) 32 27.30% 11.10% 3.03%
Broadcasting 28 17.22% 118.31% 20.38%
Brokerage & Investment Banking 31 0.37% -1480.22% -5.42%
Building Materials 44 30.44% 80.37% 24.47%
Business & Consumer Services 160 23.26% 67.03% 15.59%
Cable TV 11 12.77% -9.82% -1.25%
Chemical (Basic) 35 27.31% 59.40% 16.22%
Chemical (Diversified) 4 13.74% 32.33% 4.44%
Chemical (Specialty) 81 15.02% 44.94% 6.75%
Coal & Related Energy 18 -4.04% NA NA
Computer Services 83 21.41% -27.98% -5.99%
Computers/Peripherals 46 44.93% 5.61% 2.52%
Construction Supplies 48 12.88% 53.35% 6.87%
Diversified 22 21.45% 4.20% 0.90%
Drugs (Biotechnology) 581 7.30% 179.86% 13.12%
Drugs (Pharmaceutical) 298 19.66% 35.00% 6.88%
Education 35 7.10% 601.96% 42.76%
Electrical Equipment 104 22.78% 158.00% 35.99%
Electronics (Consumer & Office) 16 18.32% 22.83% 4.18%
Electronics (General) 137 17.59% 115.70% 20.36%
Engineering/Construction 48 15.99% 97.51% 15.59%
Entertainment 108 10.06% 40.89% 4.11%
Environmental & Waste Services 58 25.56% 109.56% 28.01%
Farming/Agriculture 36 13.48% 92.88% 12.52%
Financial Svcs. (Non-bank & Insurance) 223 0.59% 61.69% 0.36%
Food Processing 92 19.54% 55.60% 10.86%
Food Wholesalers 15 12.29% 152.84% 18.79%
Furn/Home Furnishings 32 24.76% 69.68% 17.25%
Green & Renewable Energy 20 5.73% 123.02% 7.04%
Healthcare Products 244 18.64% 50.84% 9.48%
Healthcare Support Services 131 32.05% 52.29% 16.76%
Heathcare Information and Technology 142 23.06% 128.27% 29.59%
Homebuilding 29 22.92% 46.74% 10.71%
Hospitals/Healthcare Facilities 31 23.17% 46.93% 10.87%
Hotel/Gaming 66 -4.69% NA NA
Household Products 118 39.78% 16.58% 6.60%
Information Services 79 29.04% 26.74% 7.76%
Insurance (General) 23 12.97% 4.56% 0.59%
Insurance (Life) 24 6.49% 0.81% 0.05%
Insurance (Prop/Cas.) 52 17.38% 22.07% 3.84%
Investments & Asset Management 687 9.72% 30.71% 2.99%
Machinery 111 27.22% 33.89% 9.22%
Metals & Mining 74 36.12% 16.91% 6.11%
Office Equipment & Services 18 13.47% 210.28% 28.32%
Oil/Gas (Integrated) 4 5.12% -69.78% -3.57%
Oil/Gas (Production and Exploration) 183 -1.54% NA NA
Oil/Gas Distribution 21 6.81% -7.06% -0.48%
Oilfield Svcs/Equip. 100 2.82% -153.97% -4.35%
Packaging & Container 26 15.40% 57.29% 8.82%
Paper/Forest Products 11 44.89% 31.97% 14.35%
Power 50 6.06% 142.55% 8.64%
Precious Metals 76 14.75% 17.85% 2.63%
Publishing & Newspapers 21 15.77% 90.51% 14.27%
R.E.I.T. 238 2.75% -19.17% -0.53%
Real Estate (Development) 19 1.29% -553.62% -7.13%
Real Estate (General/Diversified) 10 5.01% 115.10% 5.77%
Real Estate (Operations & Services) 51 -2.80% NA NA
Recreation 60 18.44% -29.99% -5.53%
Reinsurance 2 6.69% 9.83% 0.66%
Restaurant/Dining 70 14.72% 19.04% 2.80%
Retail (Automotive) 32 15.47% 56.41% 8.73%
Retail (Building Supply) 16 54.62% 51.73% 28.25%
Retail (Distributors) 68 16.27% 111.72% 18.18%
Retail (General) 16 20.88% 27.31% 5.70%
Retail (Grocery and Food) 15 7.01% 17.15% 1.20%
Retail (Online) 60 12.18% 221.09% 26.93%
Retail (Special Lines) 76 17.28% 51.00% 8.81%
Rubber& Tires 2 7.28% 293.69% 21.38%
Semiconductor 67 21.70% 28.94% 6.28%
Semiconductor Equip 34 37.24% 45.64% 17.00%
Shipbuilding & Marine 8 15.01% 53.13% 7.97%
Shoe 12 40.95% 6.44% 2.64%
Software (Entertainment) 88 25.46% 48.68% 12.39%
Software (Internet) 36 1.65% NA NA
Software (System & Application) 375 25.03% 89.19% 22.33%
Steel 28 37.25% 90.25% 33.62%
Telecom (Wireless) 17 5.18% 72.43% 3.75%
Telecom. Equipment 82 26.84% 73.53% 19.74%
Telecom. Services 42 15.33% 38.67% 5.93%
Tobacco 16 64.45% 9.90% 6.38%
Transportation 17 21.05% 70.16% 14.77%
Transportation (Railroads) 4 15.31% 10.30% 1.58%
Trucking 34 5.76% 325.08% 18.73%
Utility (General) 16 5.91% 125.23% 7.40%
Utility (Water) 14 8.61% 130.49% 11.23%
Total Market 7229 8.61% 48.72% 4.19%
Total Market (without financials) 5619 14.70% 51.00% 7.50%

Last updated in January 2022
By Aswath Damodaran