Industry name Number of firms Average across all companies Average across only money-making companies Aggregate effective tax rate
Advertising 41 5.10% 30.93% 32.68%
Aerospace/Defense 96 10.86% 23.22% 25.09%
Air Transport 18 22.99% 28.52% 21.14%
Apparel 58 10.95% 22.42% 21.80%
Auto & Truck 15 8.14% 12.66% 9.10%
Auto Parts 63 10.40% 27.22% 25.41%
Bank (Money Center) 10 27.90% 30.23% 30.23%
Banks (Regional) 645 25.43% 29.94% 29.20%
Beverage (Alcoholic) 25 10.86% 26.91% 27.04%
Beverage (Soft) 36 5.87% 23.50% 23.52%
Broadcasting 30 18.54% 29.32% 37.82%
Brokerage & Investment Banking 45 13.59% 30.63% 30.71%
Building Materials 41 23.39% 30.05% 12.53%
Business & Consumer Services 165 12.61% 35.45% 38.64%
Cable TV 14 20.28% 37.20% 20.65%
Chemical (Basic) 45 7.71% 23.77% 29.20%
Chemical (Diversified) 8 6.59% 11.56% 11.33%
Chemical (Specialty) 100 9.58% 27.57% 30.42%
Coal & Related Energy 38 0.48% 0.69% NA
Computer Services 117 11.18% 15.63% 15.99%
Computers/Peripherals 55 5.68% 25.59% 26.44%
Construction Supplies 51 18.44% 30.41% 26.46%
Diversified 24 11.55% 22.37% 22.97%
Drugs (Biotechnology) 426 1.44% 19.99% 31.79%
Drugs (Pharmaceutical) 164 2.54% 18.18% 19.41%
Education 36 9.29% 33.79% 40.72%
Electrical Equipment 119 5.87% 28.74% 34.02%
Electronics (Consumer & Office) 24 3.81% 30.25% NA
Electronics (General) 164 8.85% 22.36% 9.71%
Engineering/Construction 48 15.15% 33.90% 49.85%
Entertainment 79 5.50% 30.64% 30.34%
Environmental & Waste Services 89 5.07% 35.55% 36.03%
Farming/Agriculture 37 7.89% 23.82% 24.68%
Financial Svcs. (Non-bank & Insurance) 258 20.80% 31.81% 31.90%
Food Processing 87 14.66% 30.10% 29.48%
Food Wholesalers 16 11.77% 34.17% 29.77%
Furn/Home Furnishings 30 14.58% 23.72% 23.81%
Green & Renewable Energy 25 4.25% 26.42% NA
Healthcare Products 254 6.12% 16.51% 16.35%
Healthcare Support Services 121 14.31% 38.15% 38.27%
Heathcare Information and Technology 125 6.32% 17.53% 19.08%
Homebuilding 33 27.28% 34.37% 34.39%
Hospitals/Healthcare Facilities 38 12.06% 31.40% 54.47%
Hotel/Gaming 69 11.23% 12.10% 15.99%
Household Products 129 9.05% 26.65% 27.06%
Information Services 64 16.37% 27.15% 28.51%
Insurance (General) 19 18.33% 24.92% 23.20%
Insurance (Life) 22 22.91% 25.47% 25.48%
Insurance (Prop/Cas.) 50 22.27% 27.32% 27.39%
Investments & Asset Management 156 7.71% 23.02% 24.41%
Machinery 127 11.73% 27.05% 28.76%
Metals & Mining 97 1.16% 33.52% NA
Office Equipment & Services 24 16.68% 31.30% 30.80%
Oil/Gas (Integrated) 7 1.14% 8.01% NA
Oil/Gas (Production and Exploration) 330 0.32% 7.08% NA
Oil/Gas Distribution 78 2.93% 7.78% 3.44%
Oilfield Svcs/Equip. 148 4.11% 28.22% NA
Packaging & Container 26 24.47% 27.68% 24.70%
Paper/Forest Products 23 14.46% 12.58% 6.48%
Power 68 19.27% 29.22% 43.67%
Precious Metals 109 1.84% 90.15% NA
Publishing & Newspapers 37 14.32% 35.32% 34.67%
R.E.I.T. 238 1.72% 2.16% NA
Real Estate (Development) 18 1.97% 28.58% NA
Real Estate (General/Diversified) 11 15.32% 22.36% 8.49%
Real Estate (Operations & Services) 54 8.78% 33.52% 37.58%
Recreation 66 13.21% 28.28% 28.63%
Reinsurance 3 19.33% 27.88% 27.88%
Restaurant/Dining 86 16.47% 30.14% 30.45%
Retail (Automotive) 25 22.58% 35.73% 35.77%
Retail (Building Supply) 6 20.11% 38.63% 39.21%
Retail (Distributors) 88 16.95% 34.22% 26.74%
Retail (General) 19 22.22% 30.58% 32.92%
Retail (Grocery and Food) 14 24.11% 34.01% 34.01%
Retail (Online) 57 8.46% 32.20% 33.59%
Retail (Special Lines) 108 21.29% 34.23% 35.78%
Rubber& Tires 4 10.09% 20.10% 20.51%
Semiconductor 80 7.71% 18.94% 20.45%
Semiconductor Equip 45 11.13% 16.61% 16.76%
Shipbuilding & Marine 11 7.30% 36.76% NA
Shoe 10 14.47% 16.65% 16.98%
Software (Entertainment) 13 1.04% 6.79% NA
Software (Internet) 297 3.49% 20.12% 25.27%
Software (System & Application) 236 5.67% 22.27% 24.60%
Steel 38 7.94% 27.60% NA
Telecom (Wireless) 17 9.11% 37.72% NA
Telecom. Equipment 107 6.14% 19.63% 20.87%
Telecom. Services 67 13.36% 34.77% 28.67%
Tobacco 22 8.84% 33.40% 33.53%
Transportation 17 17.46% 34.67% 34.45%
Transportation (Railroads) 7 22.17% 35.87% 35.87%
Trucking 30 26.74% 37.49% 37.28%
Utility (General) 18 25.62% 30.09% 29.72%
Utility (Water) 22 11.97% 32.04% 34.45%
Total Market 7330 10.44% 26.22% 28.49%
Total Market (without financials) 6100 8.31% 25.37% 28.19%