Operating Income and FCFF by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2019

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/oifcff.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 EBIT (1-t) (US $ millions) Net Cap Ex (US $ millions) Change in WC (US $ millions) FCFF (US $ millions)
Advertising 48 $3,389.41 $338.76 $38.40 $3,012.25
Aerospace/Defense 85 $43,177.97 $22,807.72 $5,858.32 $14,511.93
Air Transport 18 $17,384.44 $10,325.90 -$532.55 $7,591.09
Apparel 50 $5,672.52 $1,098.11 $2,307.34 $2,267.07
Auto & Truck 14 $13,681.18 $15,345.02 -$4,647.67 $2,983.83
Auto Parts 52 $7,148.98 $3,178.52 $790.13 $3,180.33
Bank (Money Center) 10 -$160.99 $3,852.09 -$10,874.54 $6,861.46
Banks (Regional) 633 -$88.36 $6,989.00 $1,772.28 -$8,849.64
Beverage (Alcoholic) 31 $5,231.15 $1,097.02 $205.64 $3,928.49
Beverage (Soft) 37 $22,302.39 $4,946.41 $349.79 $17,006.19
Broadcasting 24 $10,064.47 $7,594.48 $1,189.15 $1,280.85
Brokerage & Investment Banking 38 $358.53 $9,105.09 $36,545.50 -$45,292.06
Building Materials 42 $5,987.03 $5,645.71 $689.26 -$347.94
Business & Consumer Services 168 $13,034.22 $3,397.42 $1,875.69 $7,761.10
Cable TV 14 $30,659.27 -$4,099.44 $1,025.64 $33,733.07
Chemical (Basic) 39 $4,129.15 $1,229.50 $756.00 $2,143.65
Chemical (Diversified) 6 $15,777.85 $3,729.70 -$3,058.42 $15,106.57
Chemical (Specialty) 89 $18,269.72 $7,610.26 $2,325.59 $8,333.87
Coal & Related Energy 23 $1,199.74 -$640.64 -$334.01 $2,174.38
Computer Services 119 $25,521.52 $112.46 $492.84 $24,916.23
Computers/Peripherals 57 $78,691.68 $3,211.20 -$3,603.73 $79,084.21
Construction Supplies 48 $17,672.62 $7,337.12 $4,634.44 $5,701.06
Diversified 23 $55,967.69 $7,789.72 $314.88 $47,863.10
Drugs (Biotechnology) 481 $31,533.35 $25,099.45 $1,482.98 $4,950.92
Drugs (Pharmaceutical) 237 $61,358.00 $9.24 -$1,346.64 $62,695.40
Education 35 $1,531.75 $200.48 $417.39 $913.87
Electrical Equipment 116 $8,199.79 $5,738.47 $781.11 $1,680.21
Electronics (Consumer & Office) 19 -$86.91 -$37.66 $145.87 -$195.12
Electronics (General) 160 $9,593.39 $9,944.58 $1,408.65 -$1,759.83
Engineering/Construction 52 $5,293.71 $4,714.93 $2,267.79 -$1,689.01
Entertainment 120 $29,171.30 $3,278.37 $3,531.82 $22,361.12
Environmental & Waste Services 91 $6,971.33 $2,144.37 $274.20 $4,552.76
Farming/Agriculture 33 $8,731.82 $8,763.82 $4,926.38 -$4,958.38
Financial Svcs. (Non-bank & Insurance) 259 $15,036.66 $20,437.17 -$4,580.25 -$820.26
Food Processing 83 $29,705.09 $30,998.87 $593.61 -$1,887.39
Food Wholesalers 18 $3,797.83 $2,484.73 $93.53 $1,219.57
Furn/Home Furnishings 30 $3,387.70 $2,023.73 $446.44 $917.53
Green & Renewable Energy 21 $244.71 $973.50 $84.27 -$813.05
Healthcare Products 248 $25,563.71 $27,154.50 $1,033.08 -$2,623.87
Healthcare Support Services 111 $53,255.26 $24,630.80 $1,029.21 $27,595.24
Heathcare Information and Technology 119 $10,401.40 $4,887.52 $1,641.94 $3,871.94
Homebuilding 31 $8,243.48 $2,816.61 $3,242.49 $2,184.39
Hospitals/Healthcare Facilities 34 $11,119.09 $3,320.02 $4,321.31 $3,477.76
Hotel/Gaming 70 $20,649.19 $10,487.44 $361.08 $9,800.68
Household Products 141 $29,070.51 $3,324.90 -$1,063.24 $26,808.86
Information Services 71 $39,766.40 $4,107.88 $2,285.37 $33,373.15
Insurance (General) 20 $12,373.29 $3,810.37 -$2,386.56 $10,949.48
Insurance (Life) 23 $23,794.95 $644.62 $1,084.89 $22,065.43
Insurance (Prop/Cas.) 50 $19,476.71 $562.04 $1,322.16 $17,592.50
Investments & Asset Management 172 $18,812.78 $5,426.94 $140.02 $13,245.82
Machinery 127 $19,599.91 $12,200.32 $2,662.44 $4,737.15
Metals & Mining 94 $11,073.08 $126.27 $501.51 $10,445.30
Office Equipment & Services 24 $1,657.97 $1,595.45 $203.64 -$141.12
Oil/Gas (Integrated) 5 $34,889.57 -$3,603.20 $2,114.00 $36,378.77
Oil/Gas (Production and Exploration) 301 $28,791.90 $42,311.89 $4,383.25 -$17,903.24
Oil/Gas Distribution 20 $10,279.16 $9,221.71 $386.42 $671.03
Oilfield Svcs/Equip. 134 $25,774.56 $8,869.13 $3,294.73 $13,610.70
Packaging & Container 27 $11,417.13 $8,093.61 $197.20 $3,126.33
Paper/Forest Products 20 $1,525.39 $134.62 $148.74 $1,242.04
Power 51 $45,807.41 $53,752.07 $475.30 -$8,419.96
Precious Metals 91 $1,034.19 $47.78 $450.09 $536.32
Publishing & Newspapers 33 $2,893.82 $4,005.92 $383.43 -$1,495.53
R.E.I.T. 238 $41,027.98 -$8,938.98 $709.78 $49,257.19
Real Estate (Development) 18 $61.87 $203.32 -$14.06 -$127.39
Real Estate (General/Diversified) 11 $229.11 -$40.64 $207.77 $61.97
Real Estate (Operations & Services) 59 $2,471.48 -$184.87 $78.67 $2,577.69
Recreation 72 $3,137.94 $2,396.27 -$348.62 $1,090.28
Reinsurance 2 $2,144.82 $42.80 $406.00 $1,696.02
Restaurant/Dining 78 $16,065.10 $6,863.61 -$10.88 $9,212.36
Retail (Automotive) 24 $7,640.63 $2,533.48 -$75.66 $5,182.81
Retail (Building Supply) 17 $18,440.19 $941.26 $142.15 $17,356.78
Retail (Distributors) 88 $12,742.30 $19,803.18 $3,140.67 -$10,201.55
Retail (General) 19 $33,056.05 $15,400.34 -$2,633.91 $20,289.63
Retail (Grocery and Food) 12 $2,840.08 $1,303.26 $95.47 $1,441.35
Retail (Online) 79 $17,879.46 $3,465.89 $1,657.05 $12,756.53
Retail (Special Lines) 91 $24,084.09 $7,448.36 $1,216.05 $15,419.68
Rubber& Tires 4 $1,114.40 $113.97 -$143.20 $1,143.63
Semiconductor 72 $63,860.15 $35,590.28 $3,413.08 $24,856.79
Semiconductor Equip 41 $11,174.36 $1,866.29 $2,534.53 $6,773.54
Shipbuilding & Marine 9 $524.71 $1,013.18 $46.71 -$535.17
Shoe 10 $4,691.41 -$784.33 $96.98 $5,378.77
Software (Entertainment) 92 $57,461.55 $27,989.46 $3,254.04 $26,218.05
Software (Internet) 44 $1,427.74 $2,833.29 $83.74 -$1,489.28
Software (System & Application) 355 $61,101.63 $27,247.85 $4,391.08 $29,462.69
Steel 37 $8,895.72 $2,341.72 $3,163.13 $3,390.88
Telecom (Wireless) 21 $8,924.98 $1,862.20 $1,882.08 $5,180.70
Telecom. Equipment 98 $18,088.75 $11,009.31 -$122.88 $7,202.32
Telecom. Services 67 $60,800.26 $43,665.47 $6,310.99 $10,823.80
Tobacco 17 $20,856.42 $2,073.42 $979.43 $17,803.57
Transportation 19 $15,336.07 $7,114.52 $1,767.98 $6,453.58
Transportation (Railroads) 10 $18,545.29 $2,561.81 $492.78 $15,490.70
Trucking 28 $6,438.51 $11,674.40 $932.30 -$6,168.19
Utility (General) 18 $17,870.38 $18,562.70 $507.52 -$1,199.84
Utility (Water) 19 $1,734.47 $2,589.36 -$22.82 -$832.08
Total Market  7209 $1,619,145.98 $717,266.55 $110,997.54 $790,881.89
Total Market (without financials) 6004 $1,568,409.98 $666,439.23 $87,974.03 $813,996.72

Last Updated in January 2019
By Aswath Damodaran