SReturn on Capital by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2017

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

For global datasets: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html

V can be obtained by clicking here

Don which companies are included in each industry


Industry Name Number of firms Unadjusted pre-tax ROIC Lease Adjusted pre-tax ROIC Lease & R&D adjusted pre-tax ROIC Unadjusted after-tax ROIC Lease Adjusted after-tax ROIC Lease & R&D adjusted after-tax ROIC Normalized ROIC (over last 10 years)
Advertising 41 -586.76% 102.10% 101.89% -556.86% 96.90% 96.70% 63.39%
Aerospace/Defense 96 73.85% 57.29% 36.45% 65.83% 51.07% 32.63% 48.34%
Air Transport 18 46.55% 27.35% 27.24% 35.85% 21.06% 20.98% 35.88%
Apparel 58 25.40% 18.79% 18.68% 22.61% 16.73% 16.64% 26.87%
Auto & Truck 15 53.28% 7.58% 6.42% 48.94% 6.97% 5.90% 2.24%
Auto Parts 63 32.76% 29.79% 23.98% 29.35% 26.69% 21.61% 21.24%
Banks (Money Center) 10 0.00% 0.04% 0.04% 0.00% 0.03% 0.03% NA
Banks (Regional) 645 0.00% 0.08% 0.08% 0.00% 0.06% 0.06% NA
Beverage (Alcoholic) 25 22.80% 20.33% 20.33% 20.32% 18.12% 18.12% 15.19%
Beverage (Soft) 36 39.90% 27.92% 27.17% 37.56% 26.28% 25.57% 34.05%
Broadcasting 30 27.96% 24.87% 24.84% 22.77% 20.26% 20.23% 22.64%
Brokerage & Investment Banking 45 0.07% 0.05% 0.05% 0.06% 0.04% 0.04% 0.04%
Building Materials 41 27.89% 25.74% 24.43% 21.36% 19.72% 18.73% 26.57%
Business & Consumer Services 165 39.84% 29.74% 29.09% 34.82% 26.00% 25.43% 35.05%
Cable TV 14 20.31% 18.68% 18.63% 16.19% 14.89% 14.86% 20.03%
Chemical (Basic) 45 19.34% 17.41% 16.81% 17.85% 16.07% 15.52% 11.77%
Chemical (Diversified) 8 24.35% 20.94% 17.21% 22.74% 19.56% 16.06% 18.49%
Chemical (Specialty) 100 24.69% 22.09% 19.35% 22.33% 19.97% 17.49% 26.65%
Coal & Related Energy 38 -10.12% -8.18% -8.03% -10.07% -8.14% -7.99% 12.47%
Computer Services 117 74.29% 46.96% 34.65% 65.99% 41.71% 30.83% 48.07%
Computers/Peripherals 55 37.29% 33.07% 26.18% 35.17% 31.19% 24.70% 40.02%
Construction Supplies 51 25.31% 13.60% 11.83% 20.65% 11.09% 9.61% 17.43%
Diversified 24 11.10% 9.73% 9.27% 9.82% 8.60% 8.19% 10.73%
Drugs (Biotechnology) 426 28.47% 25.40% 15.74% 28.06% 25.04% 15.54% 16.58%
Drugs (Pharmaceutical) 164 29.64% 26.07% 17.09% 28.88% 25.41% 16.66% 32.02%
Education 36 23.46% 16.35% 15.76% 21.28% 14.83% 14.32% 56.24%
Electrical Equipment 119 35.75% 28.16% 23.38% 33.65% 26.50% 21.99% 40.69%
Electronics (Consumer & Office) 24 9.10% 7.46% 6.44% 8.75% 7.18% 6.28% 20.27%
Electronics (General) 164 15.58% 14.84% 11.97% 14.20% 13.52% 10.95% 17.19%
Engineering/Construction 48 22.97% 19.71% 19.63% 19.49% 16.72% 16.66% 35.59%
Entertainment 79 45.59% 36.89% 36.86% 43.08% 34.86% 34.83% 24.81%
Environmental & Waste Services 89 24.56% 22.49% 22.37% 23.32% 21.36% 21.24% 24.26%
Farming/Agriculture 37 12.59% 7.91% 7.41% 11.60% 7.29% 6.83% 12.99%
Financial Svcs. (Non-bank & Insurance) 258 0.28% 0.27% 0.27% 0.22% 0.21% 0.21% 0.20%
Food Processing 87 27.58% 23.89% 23.08% 23.53% 20.38% 19.70% 27.53%
Food Wholesalers 16 24.87% 23.38% 23.38% 21.94% 20.63% 20.63% 30.24%
Furn/Home Furnishings 30 32.28% 24.35% 21.89% 27.57% 20.80% 18.71% 17.41%
Green & Renewable Energy 25 7.12% 4.54% 4.54% 6.82% 4.35% 4.35% 4.71%
Healthcare Products 254 24.57% 22.21% 17.75% 23.07% 20.85% 16.70% 26.93%
Healthcare Support Services 121 72.53% 51.44% 50.28% 62.15% 44.08% 43.10% 48.54%
Heathcare Information and Technology 125 24.64% 21.70% 17.32% 23.08% 20.32% 16.27% 20.53%
Homebuilding 33 14.07% 12.02% 12.02% 10.23% 8.74% 8.74% 4.22%
Hospitals/Healthcare Facilities 38 21.88% 16.67% 16.67% 19.24% 14.66% 14.66% 16.10%
Hotel/Gaming 69 14.43% 12.55% 12.49% 12.81% 11.14% 11.09% 10.21%
Household Products 129 56.13% 39.56% 34.89% 51.04% 35.98% 31.72% 39.05%
Information Services 64 67.27% 48.70% 44.35% 56.25% 40.73% 37.12% 26.96%
Insurance (General) 19 5.61% 5.47% 5.47% 4.58% 4.47% 4.47% 7.44%
Insurance (Life) 22 12.38% 9.49% 9.49% 9.54% 7.32% 7.32% 9.04%
Insurance (Prop/Cas.) 50 12.57% 12.20% 12.20% 9.77% 9.48% 9.48% 11.67%
Investments & Asset Management 156 10.01% 6.54% 6.53% 9.24% 6.04% 6.02% 7.24%
Machinery 127 36.57% 31.76% 27.41% 32.28% 28.04% 24.19% 33.86%
Metals & Mining 97 3.92% 3.92% 3.84% 3.88% 3.87% 3.79% 34.41%
Office Equipment & Services 24 39.04% 32.16% 28.33% 32.53% 26.80% 23.61% 27.42%
Oil/Gas (Integrated) 7 -2.68% -2.18% -2.16% -2.65% -2.15% -2.14% 24.67%
Oil/Gas (Production and Exploration) 330 -7.92% -7.16% -7.16% -7.89% -7.14% -7.13% 19.43%
Oil/Gas Distribution 78 8.25% 7.72% 7.72% 8.01% 7.49% 7.49% 9.87%
Oilfield Svcs/Equip. 148 4.97% 5.08% 4.84% 4.76% 4.87% 4.63% 24.13%
Packaging & Container 26 22.34% 20.43% 19.86% 16.88% 15.43% 15.00% 19.14%
Paper/Forest Products 23 9.53% 8.88% 8.84% 8.15% 7.59% 7.56% 9.80%
Power 68 10.37% 9.34% 9.31% 8.37% 7.54% 7.52% 10.03%
Precious Metals 109 6.83% 6.61% 6.56% 6.71% 6.49% 6.44% 13.12%
Publishing & Newspapers 37 20.06% 17.13% 16.87% 17.19% 14.68% 14.44% 28.99%
R.E.I.T. 238 4.49% 3.30% 3.30% 4.41% 3.24% 3.24% 3.33%
Real Estate (Development) 18 2.19% 1.84% 1.84% 2.14% 1.80% 1.80% 0.10%
Real Estate (General/Diversified) 11 6.32% 6.13% 6.13% 5.35% 5.19% 5.19% 7.37%
Real Estate (Operations & Services) 54 17.98% 13.15% 13.15% 16.40% 11.99% 11.99% 11.53%
Recreation 66 25.51% 22.04% 19.66% 22.14% 19.13% 17.09% 22.11%
Reinsurance 3 11.85% 11.46% 11.46% 9.56% 9.24% 9.24% 3.46%
Restaurant/Dining 86 38.46% 23.21% 23.18% 32.12% 19.39% 19.36% 25.79%
Retail (Automotive) 25 30.76% 16.21% 16.21% 23.81% 12.55% 12.55% 13.78%
Retail (Building Supply) 6 43.59% 34.70% 34.70% 34.82% 27.73% 27.73% 24.88%
Retail (Distributors) 88 17.42% 15.96% 15.95% 14.47% 13.25% 13.25% 20.45%
Retail (General) 19 23.55% 16.74% 16.74% 18.31% 13.02% 13.02% 20.81%
Retail (Grocery and Food) 14 29.42% 13.95% 13.95% 22.33% 10.58% 10.58% 14.83%
Retail (Online) 57 40.21% 22.82% 20.65% 36.80% 20.89% 18.98% 17.52%
Retail (Special Lines) 108 35.03% 19.26% 19.20% 27.57% 15.16% 15.12% 23.43%
Rubber& Tires 4 25.74% 23.08% 20.23% 23.15% 20.75% 18.18% 17.72%
Semiconductor 80 22.95% 21.17% 13.99% 21.18% 19.54% 12.96% 20.62%
Semiconductor Equip 45 30.09% 27.86% 17.88% 26.74% 24.76% 15.95% 22.73%
Shipbuilding & Marine 11 4.12% 4.97% 4.97% 3.81% 4.60% 4.60% 12.41%
Shoe 10 36.19% 28.27% 28.07% 30.95% 24.18% 24.01% 28.33%
Software (Entertainment) 13 4362.48% 111.18% 26.67% 4317.20% 110.03% 26.42% 52.32%
Software (Internet) 297 23.32% 21.38% 15.90% 22.51% 20.64% 15.39% 15.36%
Software (System & Application) 236 36.71% 26.04% 16.43% 34.63% 24.56% 15.55% 36.81%
Steel 38 0.83% 1.21% 1.21% 0.77% 1.12% 1.11% 22.79%
Telecom (Wireless) 17 5.05% 3.99% 3.99% 4.59% 3.63% 3.63% 4.29%
Telecom. Equipment 107 26.30% 23.90% 16.71% 24.69% 22.43% 15.71% 21.90%
Telecom. Services 67 23.63% 19.69% 19.37% 20.47% 17.06% 16.78% 16.56%
Tobacco 22 82.72% 71.05% 67.06% 75.41% 64.76% 61.13% 55.33%
Transportation 17 53.37% 32.61% 32.57% 44.05% 26.91% 26.88% 26.31%
Transportation (Railroads) 7 17.48% 16.47% 16.47% 13.61% 12.82% 12.82% 16.89%
Trucking 30 14.26% 11.02% 11.02% 10.45% 8.07% 8.07% 9.91%
Utility (General) 18 10.15% 9.22% 9.21% 7.55% 6.86% 6.85% 9.58%
Utility (Water) 22 10.96% 9.98% 9.97% 9.65% 8.78% 8.78% 9.03%
Total Market 7330 8.76% 7.30% 7.05% 7.85% 6.54% 6.32% 8.66%
Total Market (without financials) 6125 17.38% 14.30% 13.17% 15.94% 13.11% 12.09% 18.26%

Last updated January 2017
By Aswath Damodaran