Fundamental Growth in EBIT by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2025

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

For global datasets: https://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 ROC Reinvestment Rate Expected Growth in EBIT
Advertising 54 34.91% 16.15% 5.64%
Aerospace/Defense 67 14.03% 65.01% 9.12%
Air Transport 24 8.48% 99.55% 8.44%
Apparel 37 15.26% -33.75% -5.15%
Auto & Truck 34 3.15% 31.34% 0.99%
Auto Parts 33 8.66% 98.72% 8.55%
Bank (Money Center) 15 NA NA NA
Banks (Regional) 591 NA NA NA
Beverage (Alcoholic) 18 17.86% 35.71% 6.38%
Beverage (Soft) 29 30.61% 26.99% 8.26%
Broadcasting 22 12.68% 202.77% 25.71%
Brokerage & Investment Banking 30 NA NA NA
Building Materials 39 26.84% 135.76% 36.43%
Business & Consumer Services 152 26.83% 4.67% 1.25%
Cable TV 9 13.75% 4.82% 0.66%
Chemical (Basic) 31 8.71% 69.40% 6.05%
Chemical (Diversified) 4 5.35% 21.43% 1.15%
Chemical (Specialty) 60 11.31% 54.30% 6.14%
Coal & Related Energy 16 13.14% 78.42% 10.30%
Computer Services 63 20.51% -13.52% -2.77%
Computers/Peripherals 35 41.41% 2.18% 0.90%
Construction Supplies 46 18.41% 42.33% 7.79%
Diversified 21 24.65% 10.87% 2.68%
Drugs (Biotechnology) 535 3.08% NA NA
Drugs (Pharmaceutical) 231 14.08% 117.62% 16.56%
Education 29 11.86% 30.45% 3.61%
Electrical Equipment 101 12.23% 202.71% 24.78%
Electronics (Consumer & Office) 11 -5.81% NA NA
Electronics (General) 122 13.11% 54.23% 7.11%
Engineering/Construction 42 19.16% 84.20% 16.13%
Entertainment 96 9.94% -71.19% -7.08%
Environmental & Waste Services 50 31.72% 58.98% 18.71%
Farming/Agriculture 35 9.97% 44.80% 4.46%
Financial Svcs. (Non-bank & Insurance) 166 NA 14.98% NA
Food Processing 77 17.90% 41.59% 7.44%
Food Wholesalers 14 17.30% 72.30% 12.51%
Furn/Home Furnishings 28 10.65% 11.50% 1.23%
Green & Renewable Energy 18 3.67% 159.94% 5.87%
Healthcare Products 218 14.71% 55.46% 8.16%
Healthcare Support Services 113 44.60% 45.95% 20.50%
Heathcare Information and Technology 116 12.74% 38.03% 4.85%
Homebuilding 30 21.05% 51.38% 10.81%
Hospitals/Healthcare Facilities 33 21.19% 33.96% 7.20%
Hotel/Gaming 65 12.17% 25.42% 3.09%
Household Products 101 33.56% 1.30% 0.43%
Information Services 16 24.55% 44.71% 10.98%
Insurance (General) 22 17.45% 24.09% 4.20%
Insurance (Life) 19 6.96% -1.28% -0.09%
Insurance (Prop/Cas.) 53 21.99% 22.66% 4.98%
Investments & Asset Management 231 6.80% 48.86% 3.32%
Machinery 109 24.76% 35.90% 8.89%
Metals & Mining 64 27.13% 57.08% 15.49%
Office Equipment & Services 14 15.00% -22.16% -3.32%
Oil/Gas (Integrated) 4 12.90% 28.28% 3.65%
Oil/Gas (Production and Exploration) 147 18.62% 74.39% 13.85%
Oil/Gas Distribution 24 12.18% 64.75% 7.88%
Oilfield Svcs/Equip. 97 14.37% -1.49% -0.21%
Packaging & Container 22 14.49% 14.13% 2.05%
Paper/Forest Products 6 19.42% 82.13% 15.95%
Power 48 6.56% 142.96% 9.39%
Precious Metals 60 12.93% 58.81% 7.60%
Publishing & Newspapers 19 15.53% -3.23% -0.50%
R.E.I.T. 192 3.09% -65.81% -2.04%
Real Estate (Development) 15 3.73% -106.04% -3.96%
Real Estate (General/Diversified) 11 3.97% 108.21% 4.30%
Real Estate (Operations & Services) 60 2.88% 364.30% 10.48%
Recreation 50 7.95% 14.85% 1.18%
Reinsurance 1 9.89% 51.08% 5.05%
Restaurant/Dining 62 20.39% 38.72% 7.90%
Retail (Automotive) 29 12.12% 82.90% 10.04%
Retail (Building Supply) 13 36.28% 71.69% 26.01%
Retail (Distributors) 66 17.54% 101.95% 17.88%
Retail (General) 24 11.98% 46.41% 5.56%
Retail (Grocery and Food) 17 9.25% 14.69% 1.36%
Retail (REITs) 28 5.00% -74.88% -3.74%
Retail (Special Lines) 98 17.68% 23.84% 4.21%
Rubber& Tires 3 5.76% 16.17% 0.93%
Semiconductor 63 21.14% 59.31% 12.54%
Semiconductor Equip 30 24.20% 4.67% 1.13%
Shipbuilding & Marine 8 13.23% 44.18% 5.85%
Shoe 12 29.12% -8.23% -2.40%
Software (Entertainment) 81 25.29% 47.97% 12.13%
Software (Internet) 29 2.93% 376.44% 11.04%
Software (System & Application) 333 26.85% 93.54% 25.12%
Steel 27 12.49% 60.85% 7.60%
Telecom (Wireless) 11 8.31% 6.82% 0.57%
Telecom. Equipment 61 21.77% 151.63% 33.01%
Telecom. Services 32 11.69% 3.90% 0.46%
Tobacco 12 57.90% -1.31% -0.76%
Transportation 21 10.90% 100.95% 11.00%
Transportation (Railroads) 4 15.06% 31.89% 4.80%
Trucking 24 9.30% 164.22% 15.27%
Utility (General) 14 6.05% 153.21% 9.28%
Utility (Water) 15 8.73% 156.65% 13.67%
Total Market 6062 8.73% 47.73% 4.17%
Total Market (without financials) 4935 15.01% 50.79% 7.62%

Last updated in January 2025
By Aswath Damodaran