Margins by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2015

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/margin.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
Number of firms
Net Margin
Pre-tax Unadjusted Operating Margin
After-tax Unadjusted Operating Margin
Pre-tax Lease adjusted Margin
After-tax Lease Adjusted Margin
Pre-tax Lease & R&D adj Margin
After-tax Lease & R&D adj Margin
EBITDA/Sales
EBITDASG&A/Sales
EBITDAR&D/Sales
Advertising
52
3.98%
11.16%
10.70%
11.22%
10.76%
11.28%
10.82%
15.08%
34.77%
15.29%
Aerospace/Defense
93
7.64%
12.03%
10.25%
12.16%
10.35%
12.21%
10.40%
13.61%
21.13%
17.68%
Air Transport
22
9.32%
10.08%
8.20%
8.01%
6.51%
8.02%
6.52%
10.63%
14.57%
10.70%
Apparel
64
7.46%
12.79%
11.36%
12.81%
11.38%
12.92%
11.49%
14.77%
51.15%
15.34%
Auto & Truck
22
3.16%
2.31%
2.21%
2.36%
2.25%
2.49%
2.39%
8.23%
17.25%
12.71%
Auto Parts
75
3.44%
6.60%
5.87%
6.78%
6.03%
6.75%
6.00%
8.80%
15.79%
11.47%
Bank (Money Center)
13
18.90%
0.00%
0.00%
-0.24%
-0.18%
-0.24%
-0.18%
0.00%
51.56%
0.00%
Banks (Regional)
676
22.23%
0.00%
0.00%
-0.35%
-0.28%
-0.35%
-0.28%
0.00%
51.35%
0.00%
Beverage (Alcoholic)
22
14.21%
21.35%
19.53%
21.40%
19.58%
21.40%
19.58%
22.27%
47.93%
22.29%
Beverage (Soft)
46
12.66%
18.58%
17.55%
18.72%
17.68%
18.76%
17.72%
21.81%
57.96%
22.33%
Broadcasting
28
11.56%
23.47%
19.17%
23.08%
18.85%
23.08%
18.85%
28.72%
50.97%
28.73%
Brokerage & Investment Banking
46
12.48%
0.32%
0.27%
0.11%
0.10%
0.11%
0.10%
0.45%
39.59%
0.50%
Building Materials
39
4.09%
7.45%
6.15%
7.73%
6.38%
7.75%
6.41%
9.80%
25.78%
10.55%
Business & Consumer Services
177
4.29%
9.41%
8.15%
9.76%
8.46%
9.78%
8.48%
12.93%
31.94%
13.18%
Cable TV
18
9.31%
19.15%
15.09%
19.12%
15.07%
19.12%
15.07%
28.90%
55.48%
28.96%
Chemical (Basic)
46
5.98%
12.20%
10.87%
12.11%
10.80%
12.10%
10.78%
15.93%
22.05%
16.50%
Chemical (Diversified)
10
7.43%
10.87%
8.43%
10.74%
8.33%
10.71%
8.29%
14.42%
21.78%
17.96%
Chemical (Specialty)
103
10.01%
14.43%
12.82%
14.64%
13.01%
14.74%
13.10%
18.63%
37.49%
21.49%
Coal & Related Energy
42
-4.44%
2.04%
2.02%
2.48%
2.46%
0.61%
0.59%
14.63%
19.03%
15.42%
Computer Services
119
5.56%
9.31%
8.34%
9.53%
8.53%
9.53%
8.54%
11.28%
24.78%
13.43%
Computers/Peripherals
64
13.69%
19.24%
17.82%
19.29%
17.87%
19.80%
18.38%
23.66%
34.86%
28.59%
Construction Supplies
55
6.14%
9.97%
8.34%
10.10%
8.46%
10.03%
8.38%
12.61%
21.97%
15.16%
Diversified
23
10.12%
15.12%
13.01%
15.11%
13.00%
15.16%
13.05%
20.04%
32.18%
22.12%
Drugs (Biotechnology)
400
11.18%
22.92%
22.58%
22.74%
22.41%
27.47%
27.13%
16.75%
44.16%
50.32%
Drugs (Pharmaceutical)
151
15.95%
24.55%
23.43%
24.64%
23.51%
24.94%
23.81%
32.81%
61.46%
47.69%
Education
42
1.99%
6.62%
5.82%
6.72%
5.90%
6.83%
6.02%
13.13%
51.14%
13.99%
Electrical Equipment
126
5.64%
12.46%
11.71%
12.82%
12.05%
13.15%
12.38%
15.67%
35.02%
18.08%
Electronics (Consumer & Office)
28
3.56%
7.12%
6.80%
7.23%
6.90%
8.57%
8.24%
9.03%
29.78%
15.58%
Electronics (General)
189
6.18%
8.87%
8.11%
9.09%
8.30%
9.27%
8.48%
12.75%
26.86%
17.72%
Engineering/Construction
56
1.56%
4.26%
3.65%
4.47%
3.83%
4.46%
3.82%
6.17%
13.00%
6.18%
Entertainment
84
12.59%
20.14%
19.31%
19.56%
18.75%
19.56%
18.76%
23.84%
41.91%
23.87%
Environmental & Waste Services
103
3.08%
12.58%
11.78%
12.80%
11.99%
12.79%
11.98%
19.34%
31.01%
19.35%
Farming/Agriculture
37
3.33%
5.25%
4.76%
5.33%
4.83%
5.34%
4.84%
6.74%
11.29%
7.71%
Financial Svcs. (Non-bank & Insurance)
288
34.14%
6.99%
5.70%
6.92%
5.64%
6.92%
5.64%
6.18%
35.25%
6.25%
Food Processing
96
6.87%
11.86%
10.23%
12.00%
10.36%
12.01%
10.37%
14.82%
29.83%
15.52%
Food Wholesalers
14
1.79%
3.27%
2.83%
3.30%
2.85%
3.30%
2.85%
4.22%
17.50%
4.22%
Furn/Home Furnishings
27
3.98%
7.97%
6.82%
8.25%
7.05%
8.25%
7.06%
10.75%
26.66%
12.47%
Green & Renewable Energy
26
0.36%
18.45%
18.09%
15.96%
15.65%
15.40%
15.09%
34.77%
52.16%
34.80%
Healthcare Products
261
9.49%
16.64%
15.52%
16.84%
15.71%
17.11%
15.97%
22.26%
55.18%
30.03%
Healthcare Support Services
138
2.16%
4.49%
3.89%
4.55%
3.94%
4.55%
3.94%
5.27%
13.83%
5.35%
Heathcare Information and Technology
127
6.72%
11.80%
11.05%
12.02%
11.26%
12.67%
11.91%
16.13%
44.45%
22.15%
Homebuilding
35
6.82%
10.14%
8.30%
10.22%
8.37%
10.22%
8.37%
9.37%
20.70%
9.38%
Hospitals/Healthcare Facilities
56
4.50%
13.39%
11.93%
12.86%
11.46%
12.84%
11.44%
18.12%
21.56%
18.12%
Hotel/Gaming
80
3.72%
16.57%
14.68%
15.21%
13.48%
15.23%
13.49%
23.93%
41.85%
24.25%
Household Products
135
8.99%
16.44%
14.72%
16.48%
14.76%
16.51%
14.78%
19.79%
52.80%
21.59%
Information Services
67
13.78%
21.83%
17.92%
22.40%
18.39%
22.44%
18.43%
25.64%
46.17%
27.16%
Insurance (General)
24
8.47%
13.97%
11.29%
14.02%
11.33%
14.02%
11.33%
18.13%
22.09%
18.15%
Insurance (Life)
25
8.19%
14.08%
10.65%
14.12%
10.69%
14.12%
10.69%
10.74%
20.59%
10.74%
Insurance (Prop/Cas.)
52
9.00%
14.60%
11.36%
14.71%
11.44%
14.71%
11.44%
16.15%
24.98%
16.15%
Investments & Asset Management
148
19.11%
18.73%
17.45%
18.53%
17.26%
18.56%
17.29%
17.67%
48.65%
17.95%
Machinery
137
8.54%
12.92%
10.90%
13.18%
11.12%
13.22%
11.16%
15.46%
34.42%
17.29%
Metals & Mining
124
1.63%
16.02%
15.73%
16.07%
15.78%
16.09%
15.80%
23.80%
28.22%
24.22%
Office Equipment & Services
25
4.47%
9.06%
7.37%
9.40%
7.64%
9.42%
7.67%
10.97%
35.68%
12.39%
Oil/Gas (Integrated)
8
9.99%
12.01%
10.27%
12.24%
10.46%
12.25%
10.47%
18.98%
22.95%
19.26%
Oil/Gas (Production and Exploration)
392
7.52%
23.65%
21.98%
23.91%
22.22%
23.91%
22.23%
45.00%
52.43%
45.10%
Oil/Gas Distribution
85
3.04%
7.47%
7.12%
7.41%
7.07%
7.41%
7.07%
9.73%
12.37%
9.73%
Oilfield Svcs/Equip.
161
3.81%
5.96%
5.30%
6.07%
5.40%
6.09%
5.42%
7.50%
10.44%
7.87%
Packaging & Container
26
4.90%
9.69%
7.93%
9.87%
8.07%
9.88%
8.09%
13.34%
23.47%
13.98%
Paper/Forest Products
22
2.58%
7.82%
6.91%
7.95%
7.03%
7.95%
7.03%
12.18%
23.85%
12.27%
Power
82
8.03%
17.34%
13.74%
16.35%
12.96%
16.35%
12.95%
27.09%
30.35%
27.20%
Precious Metals
147
-13.91%
7.24%
7.14%
7.27%
7.17%
6.76%
6.67%
37.41%
45.18%
39.03%
Publshing & Newspapers
43
13.54%
9.34%
7.95%
9.39%
7.99%
9.44%
8.04%
14.43%
35.24%
15.60%
R.E.I.T.
213
19.01%
24.38%
24.07%
20.50%
20.25%
20.50%
20.25%
40.02%
48.75%
40.04%
Real Estate (Development)
18
1.26%
16.01%
14.85%
12.10%
11.22%
12.10%
11.22%
16.99%
28.79%
16.99%
Real Estate (General/Diversified)
11
34.38%
43.61%
39.52%
43.62%
39.52%
43.52%
39.42%
8.97%
15.62%
8.97%
Real Estate (Operations & Services)
52
4.96%
10.03%
9.16%
10.25%
9.37%
10.25%
9.37%
12.02%
47.62%
12.02%
Recreation
68
8.69%
12.98%
11.52%
12.60%
11.18%
12.70%
11.28%
18.64%
40.13%
21.12%
Reinsurance
4
8.52%
13.60%
11.49%
13.53%
11.43%
13.53%
11.43%
12.10%
12.43%
12.10%
Restaurant/Dining
79
9.40%
15.14%
12.85%
13.38%
11.35%
13.38%
11.35%
19.67%
32.74%
19.71%
Retail (Automotive)
30
3.12%
5.53%
4.49%
4.77%
3.88%
4.77%
3.88%
6.09%
19.79%
6.09%
Retail (Building Supply)
5
6.00%
10.53%
7.31%
9.83%
6.82%
9.83%
6.82%
12.04%
33.96%
12.04%
Retail (Distributors)
90
4.23%
8.88%
7.38%
9.24%
7.69%
9.25%
7.69%
9.17%
27.59%
9.21%
Retail (General)
23
2.67%
4.92%
3.87%
4.54%
3.57%
4.54%
3.57%
7.08%
26.74%
7.08%
Retail (Grocery and Food)
21
2.71%
2.90%
2.23%
2.02%
1.56%
2.02%
1.56%
4.74%
23.56%
4.74%
Retail (Online)
46
2.34%
3.89%
3.52%
3.76%
3.41%
3.99%
3.63%
7.15%
32.55%
8.50%
Retail (Special Lines)
128
3.46%
6.78%
5.40%
5.93%
4.72%
5.93%
4.72%
8.79%
31.26%
8.83%
Rubber& Tires
4
3.16%
8.43%
7.29%
8.85%
7.65%
8.89%
7.69%
11.28%
25.00%
13.28%
Semiconductor
100
13.70%
19.87%
17.86%
20.05%
18.03%
20.90%
18.87%
27.15%
40.07%
45.72%
Semiconductor Equip
47
4.73%
10.55%
9.83%
10.77%
10.03%
11.52%
10.78%
16.53%
30.83%
29.76%
Shipbuilding & Marine
14
13.96%
8.13%
7.58%
9.43%
8.80%
9.43%
8.80%
16.38%
24.79%
16.38%
Shoe
13
8.95%
12.59%
10.05%
12.38%
9.88%
12.39%
9.90%
13.71%
45.99%
13.82%
Software (Entertainment)
20
10.11%
14.18%
13.97%
14.45%
14.24%
13.64%
13.43%
18.22%
45.10%
37.08%
Software (Internet)
327
15.57%
17.93%
17.02%
17.72%
16.82%
20.30%
19.40%
22.88%
51.41%
36.79%
Software (System & Application)
259
17.34%
25.06%
23.34%
25.19%
23.46%
26.36%
24.63%
29.84%
56.67%
45.50%
Steel
40
-4.33%
4.51%
3.88%
4.61%
3.97%
4.61%
3.96%
7.86%
14.34%
7.93%
Telecom (Wireless)
21
-2.93%
2.58%
2.44%
1.42%
1.34%
1.43%
1.35%
18.85%
49.13%
18.92%
Telecom. Equipment
126
14.51%
18.46%
16.85%
18.70%
17.07%
18.90%
17.28%
22.86%
43.06%
37.59%
Telecom. Services
77
11.47%
23.02%
20.30%
22.45%
19.79%
22.48%
19.83%
36.72%
58.62%
37.26%
Tobacco
20
22.42%
40.61%
35.58%
40.74%
35.70%
40.78%
35.73%
44.12%
61.21%
45.16%
Transportation
21
4.96%
8.52%
6.81%
8.22%
6.57%
8.23%
6.58%
12.31%
13.63%
12.33%
Transportation (Railroads)
10
18.29%
32.16%
25.31%
31.68%
24.93%
31.68%
24.93%
37.58%
37.70%
37.58%
Trucking
30
3.78%
9.10%
6.61%
9.79%
7.11%
9.79%
7.11%
13.51%
19.84%
13.51%
Unclassified
8
-43.05%
-37.61%
-36.13%
-36.62%
-35.18%
-34.11%
-32.67%
-10.84%
102.36%
-7.18%
Utility (General)
21
8.71%
16.00%
11.11%
15.91%
11.04%
15.91%
11.04%
25.72%
26.05%
25.76%
Utility (Water)
19
15.03%
30.75%
26.11%
30.58%
25.96%
30.57%
25.95%
41.72%
46.30%
41.77%
Total Market
7887
7.84%
11.29%
10.08%
11.15%
9.95%
11.26%
10.06%
15.18%
30.42%
17.21%

 



Last Updated in January 2015
By Aswath Damodaran