Margins by Sector

Data Used: Value Line database, of 7364 firms

Date of Analysis: Data used is as of January 2008

can be obtained by clicking here

on which companies are included in each industry


Industry Name Number of Firms EBITDASG&A/Sales EBITDA/Sales EBIT/Sales After-tax Operating Margin (EBIT(1-t) Net Margin
Advertising 40 59.47% 21.61% 16.75% 11.30% 2.09%
Aerospace/Defense 69 20.97% 13.20% 10.87% 7.50% 3.32%
Air Transport 49 27.36% 18.18% 13.77% 10.28% 2.95%
Apparel 57 44.53% 15.11% 12.72% 8.49% 2.97%
Auto & Truck 28 30.39% 18.28% 12.58% 8.68% 1.50%
Auto Parts 56 18.67% 9.37% 6.22% 5.47% -0.18%
Bank 504 NA NA NA NA NA
Bank (Canadian) 8 NA NA NA NA NA
Bank (Midwest) 38 NA NA NA NA NA
Beverage 44 56.78% 22.88% 18.37% 13.27% 4.92%
Biotechnology 103 89.97% 35.03% 28.72% 18.57% 8.00%
Building Materials 49 29.86% 16.56% 13.55% 9.45% 1.90%
Cable TV 23 73.19% 49.84% 33.12% 20.14% 3.23%
Canadian Energy 13 63.29% 53.66% 41.31% 25.84% 8.10%
Chemical (Basic) 19 27.00% 17.78% 13.18% 10.60% 3.57%
Chemical (Diversified) 37 42.67% 28.23% 22.77% 13.51% 4.27%
Chemical (Specialty) 90 36.00% 17.61% 13.57% 9.80% 2.88%
Coal 18 32.63% 28.12% 20.69% 17.95% 3.88%
Computer Software/Svcs 376 57.10% 26.33% 22.13% 15.31% 7.35%
Computers/Peripherals 144 32.51% 13.29% 10.30% 7.66% 3.46%
Diversified Co. 107 30.79% 15.43% 12.80% 9.29% 3.15%
Drug 368 85.04% 39.64% 31.44% 22.91% 9.59%
E-Commerce 56 58.82% 15.35% 10.94% 7.95% 2.93%
Educational Services 39 59.32% 21.37% 17.62% 10.67% 4.18%
Electric Util. (Central) 25 34.41% 28.79% 20.56% 14.57% 3.20%
Electric Utility (East) 27 32.25% 32.25% 24.17% 16.31% 4.53%
Electric Utility (West) 17 35.00% 33.75% 24.33% 16.43% 3.95%
Electrical Equipment 86 67.06% 50.54% 45.70% 37.22% 6.07%
Electronics 179 20.33% 9.49% 6.96% 5.05% 0.92%
Entertainment 93 47.82% 30.32% 23.60% 16.21% 3.90%
Entertainment Tech 38 55.29% 3.72% -1.27% -2.48% -0.09%
Environmental 89 42.36% 29.12% 21.24% 13.15% 2.94%
Financial Svcs. (Div.) 294 NA NA NA NA NA
Food Processing 123 30.09% 13.01% 10.70% 7.64% 3.04%
Food Wholesalers 19 14.83% 7.26% 5.51% 3.03% 0.56%
Foreign Electronics 10 39.28% 14.46% 9.49% 5.66% 1.41%
Furn/Home Furnishings 39 34.34% 13.43% 10.68% 7.34% 2.09%
Grocery 15 29.47% 7.52% 5.39% 3.38% 0.96%
Healthcare Information 38 59.94% 24.28% 17.37% 12.14% 3.28%
Heavy Construction 12 12.85% 5.73% 4.72% 2.91% 1.47%
Home Appliance 11 26.28% 12.17% 9.43% 6.98% 2.26%
Homebuilding 36 17.41% 8.81% 8.32% 5.01% -2.47%
Hotel/Gaming 75 46.82% 29.78% 23.23% 16.01% 3.90%
Household Products 28 52.93% 25.46% 21.43% 15.12% 5.80%
Human Resources 35 24.50% 6.57% 5.33% 3.33% 1.28%
Industrial Services 196 29.87% 16.77% 12.04% 7.93% 1.91%
Information Services 38 43.30% 27.35% 22.40% 15.49% 6.19%
Insurance (Life) 40 NA NA NA NA NA
Insurance (Prop/Cas.) 87 NA NA NA NA NA
Internet 266 59.48% 25.66% 20.46% 14.34% 6.48%
Investment Co. 18 14.11% 0.60% 0.00% 0.00% -17.94%
Investment Co.(Foreign) 15 13.23% 13.23% 12.65% 8.48% 10.31%
Machinery 126 33.07% 17.03% 13.88% 9.62% 3.53%
Manuf. Housing/RV 18 15.55% 5.36% 4.30% 2.47% 0.54%
Maritime 52 44.20% 37.62% 28.60% 27.23% 8.04%
Medical Services 178 28.22% 14.13% 12.47% 7.79% 2.70%
Medical Supplies 274 33.90% 14.56% 12.10% 8.98% 3.87%
Metal Fabricating 37 27.09% 15.06% 12.64% 10.41% 3.40%
Metals & Mining (Div.) 78 40.21% 37.22% 32.37% 23.90% 9.31%
Natural Gas (Div.) 31 56.23% 48.53% 36.15% 25.11% 6.70%
Natural Gas Utility 26 31.85% 18.56% 14.33% 9.68% 2.16%
Newspaper 18 53.77% 28.41% 23.50% 15.49% 4.30%
Office Equip/Supplies 25 36.86% 12.80% 10.22% 7.06% 2.39%
Oil/Gas Distribution 15 17.66% 14.21% 10.93% 9.32% 2.13%
Oilfield Svcs/Equip. 113 38.43% 31.36% 25.88% 18.68% 8.43%
Packaging & Container 35 27.66% 17.87% 13.24% 9.46% 1.81%
Paper/Forest Products 39 29.01% 20.73% 14.77% 11.12% 2.61%
Petroleum (Integrated) 26 27.44% 22.44% 18.78% 10.91% 4.40%
Petroleum (Producing) 186 51.29% 46.99% 37.47% 26.14% 6.24%
Pharmacy Services 19 19.02% 3.73% 2.42% 1.64% 1.59%
Power 58 34.22% 26.70% 20.22% 15.08% 4.87%
Precious Metals 84 64.68% 55.74% 41.24% 30.10% 8.85%
Precision Instrument 103 52.65% 21.29% 15.46% 10.63% 4.12%
Property Management 12 50.29% 48.39% 40.31% 32.99% 6.41%
Publishing 40 52.73% 19.93% 16.18% 11.11% 2.20%
R.E.I.T. 147 30.15% 27.90% 21.48% 18.90% 73.22%
Railroad 16 39.29% 38.88% 31.03% 20.06% 6.92%
Recreation 73 45.40% 24.37% 19.09% 15.25% 4.80%
Reinsurance 11 NA NA NA NA NA
Restaurant 75 34.46% 22.41% 17.59% 12.05% 4.54%
Retail (Special Lines) 164 37.39% 12.40% 9.53% 6.10% 2.00%
Retail Automotive 16 23.09% 9.36% 7.63% 4.69% 1.47%
Retail Building Supply 9 34.53% 14.37% 12.35% 7.66% 2.63%
Retail Store 42 28.79% 9.19% 7.30% 4.71% 1.81%
Securities Brokerage 31 34.80% 34.49% 33.88% 23.18% 4.23%
Semiconductor 138 68.99% 39.98% 28.05% 22.13% 5.87%
Semiconductor Equip 16 53.43% 29.08% 24.58% 18.11% 6.49%
Shoe 20 45.65% 15.03% 13.31% 8.70% 4.16%
Steel (General) 26 22.72% 16.61% 14.62% 9.59% 3.43%
Steel (Integrated) 14 28.58% 22.93% 18.65% 14.78% 5.78%
Telecom. Equipment 124 44.63% 18.03% 15.16% 11.08% 4.89%
Telecom. Services 152 68.53% 41.51% 30.76% 24.23% 4.24%
Thrift 234 NA NA NA NA NA
Tobacco 11 18.21% 10.05% 9.25% 6.66% 4.32%
Toiletries/Cosmetics 21 68.50% 16.83% 13.57% 8.76% 3.23%
Trucking 32 26.51% 20.39% 14.48% 9.16% 1.68%
Utility (Foreign) 6 32.98% 21.99% 15.71% 15.71% 12.30%
Water Utility 16 57.87% 52.13% 41.14% 25.36% 6.29%
Wireless Networking 74 54.93% 27.90% 18.12% 10.67% 0.68%
Market 7364 41.90% 24.83% 20.39% 14.25% 4.58%



Last Updated in January 2008
By Aswath Damodaran