Historical (Compounded Annual) Growth Rates by Sector

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2021

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/histgr.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 CAGR in Net Income- Last 5 years CAGR in Revenues- Last 5 years Expected Growth in Revenues - Next 2 years Expected Growth in EPS - Next 5 years
Advertising 61 -0.96% 8.31% -3.66% 83.44%
Aerospace/Defense 72 6.69% 5.28% 3.26% 5.78%
Air Transport 17 17.40% -6.82% -16.03% -14.27%
Apparel 51 -2.26% -3.56% 3.41% 13.60%
Auto & Truck 19 -3.42% 12.19% 62.24% 18.80%
Auto Parts 52 -1.74% 4.02% 77.77% 12.42%
Bank (Money Center) 7 -5.48% -0.78% -3.27% 5.27%
Banks (Regional) 598 13.01% 8.82% 5.71% 5.74%
Beverage (Alcoholic) 23 7.27% 14.39% 9.26% 17.53%
Beverage (Soft) 41 12.74% 27.08% 15.28% 10.24%
Broadcasting 29 8.50% 5.80% 4.18% 12.93%
Brokerage & Investment Banking 39 15.85% 9.51% 7.78% 8.88%
Building Materials 42 12.50% 7.47% 5.77% 15.28%
Business & Consumer Services 169 6.27% 7.53% 2.12% 12.28%
Cable TV 13 13.14% 6.70% 5.24% 29.41%
Chemical (Basic) 48 6.74% 22.51% 0.29% 9.70%
Chemical (Diversified) 5 36.25% 28.99% 1.31% 5.55%
Chemical (Specialty) 97 2.65% 5.94% 4.16% 9.18%
Coal & Related Energy 29 5.04% -14.18% 2.89% -20.90%
Computer Services 116 10.48% 9.40% 2.71% 9.98%
Computers/Peripherals 52 7.68% 4.06% 3.97% 12.30%
Construction Supplies 46 7.57% 3.50% -2.25% 11.21%
Diversified 29 6.42% 0.51% 1.25% 9.58%
Drugs (Biotechnology) 547 12.16% 32.64% 144.01% 18.96%
Drugs (Pharmaceutical) 287 11.69% 32.66% 140.37% 11.28%
Education 38 13.21% 1.01% 61.18% 14.76%
Electrical Equipment 122 1.57% 4.21% 21.22% 1.85%
Electronics (Consumer & Office) 22 3.08% 1.69% 10.81% 20.95%
Electronics (General) 157 0.18% 2.88% 26.91% 15.15%
Engineering/Construction 61 18.04% 3.57% 15.26% 11.33%
Entertainment 118 33.10% 6.35% 13.34% 17.03%
Environmental & Waste Services 86 8.97% 7.88% 3.96% 11.58%
Farming/Agriculture 32 8.74% -0.77% 23.81% 17.84%
Financial Svcs. (Non-bank & Insurance) 235 13.06% 9.08% 4.82% 13.59%
Food Processing 101 2.15% 6.85% 9.58% 13.87%
Food Wholesalers 18 -0.35% 12.01% 1.75% 11.97%
Furn/Home Furnishings 40 -0.77% 5.08% 14.29% 15.23%
Green & Renewable Energy 25 -5.67% -0.09% 19.03% 12.25%
Healthcare Products 265 13.26% 13.90% 52.62% 16.92%
Healthcare Support Services 129 15.46% 17.54% 19.49% 16.32%
Heathcare Information and Technology 139 15.88% 15.02% 15.48% 21.56%
Homebuilding 30 20.52% 13.52% 13.43% 16.91%
Hospitals/Healthcare Facilities 32 2.19% 4.24% 2.77% 13.75%
Hotel/Gaming 66 -11.16% -0.38% -4.59% -15.51%
Household Products 140 17.15% 14.18% 10.35% 9.46%
Information Services 77 7.87% 12.19% 25.51% 11.15%
Insurance (General) 21 7.53% 5.51% 14.74% 33.98%
Insurance (Life) 26 2.23% 3.35% 2.36% 7.81%
Insurance (Prop/Cas.) 55 8.63% 3.09% 3.26% 8.58%
Investments & Asset Management 348 0.50% 0.65% 4.77% 10.73%
Machinery 125 2.63% 3.44% 0.46% 12.27%
Metals & Mining 86 -5.92% 4.02% 2.52% 72.06%
Office Equipment & Services 22 -4.71% 0.78% -2.42% 8.16%
Oil/Gas (Integrated) 3 -30.10% -1.24% -8.53% 7.20%
Oil/Gas (Production and Exploration) 278 -22.26% -1.17% -7.24% -25.81%
Oil/Gas Distribution 57 5.44% 10.74% -4.88% 6.69%
Oilfield Svcs/Equip. 135 4.74% -6.86% -12.99% 7.98%
Packaging & Container 26 16.02% 2.52% 1.12% 11.40%
Paper/Forest Products 15 11.70% 0.51% -4.05% 7.00%
Power 55 11.22% 1.01% 3.70% 7.02%
Precious Metals 93 -5.15% 3.17% 46.13% 12.85%
Publishing & Newspapers 29 18.73% 0.31% -3.01% 9.21%
R.E.I.T. 238 12.16% 6.81% 2.20% 2.10%
Real Estate (Development) 25 0.00% -19.92% 19.50% 14.50%
Real Estate (General/Diversified) 11 18.97% 9.20% -11.27% -3.24%
Real Estate (Operations & Services) 61 -7.67% 2.10% 8.39% 21.97%
Recreation 69 4.24% 2.62% 8.36% 22.98%
Reinsurance 2 -0.46% 9.11% 2.00% 30.10%
Restaurant/Dining 79 -3.93% 0.84% 5.50% 12.54%
Retail (Automotive) 30 5.81% 3.20% 14.23% 13.29%
Retail (Building Supply) 15 11.71% 6.42% 13.02% 18.72%
Retail (Distributors) 85 10.79% 4.67% 1.48% 9.94%
Retail (General) 17 20.83% 2.41% 3.21% 2.14%
Retail (Grocery and Food) 14 10.56% 6.28% 5.34% 12.26%
Retail (Online) 75 26.96% 9.28% 25.59% 20.17%
Retail (Special Lines) 85 2.38% 5.57% 1.74% 9.91%
Rubber& Tires 3 -7.92% -4.21% -0.83% 7.45%
Semiconductor 70 10.05% 3.77% 13.06% 13.63%
Semiconductor Equip 40 19.32% 8.49% 24.94% 24.68%
Shipbuilding & Marine 11 -7.16% 3.10% -2.26% 11.30%
Shoe 11 -2.95% -0.11% 4.66% 15.84%
Software (Entertainment) 101 9.33% -0.41% 23.95% 19.72%
Software (Internet) 36 15.10% 19.34% 21.82% 23.68%
Software (System & Application) 388 15.34% 18.93% 25.08% 22.61%
Steel 32 22.85% 0.47% 2.65% 1.93%
Telecom (Wireless) 16 16.21% 6.53% -6.84% 10.30%
Telecom. Equipment 96 23.07% 31.65% 31.96% 14.07%
Telecom. Services 58 21.45% 7.79% 11.36% 6.90%
Tobacco 15 -9.18% 52.82% 3.22% 9.83%
Transportation 21 4.76% 9.42% 5.24% 11.20%
Transportation (Railroads) 6 3.71% -1.47% -1.61% 9.37%
Trucking 35 2.85% 3.06% 3.83% 4.76%
Utility (General) 16 12.80% 2.27% -0.13% 4.95%
Utility (Water) 17 2.27% 12.74% 11.54% 8.56%
Total Market 7582 9.58% 8.86% 24.33% 11.64%
Total Market (without financials) 6253 9.65% 9.40% 28.37% 12.17%

Last updated in January 2021
By Aswath Damodaran