Debt
Fundamentals 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/dbtfund.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 | Book Debt to Capital | Market Debt to Capital (Unadjusted) | Market D/E (unadjusted) | Market Debt to Capital (adjusted for leases) | Market D/E (adjusted for leases) | Interest Coverage Ratio | Debt to EBITDA | Effective tax rate | Institutional Holdings | Std dev in Stock Prices | EBITDA/EV | Net PP&E/Total Assets | Capital Spending/Total Assets |
| Advertising | 54 | 64.48% | 20.65% | 26.02% | 20.76% | 26.20% | 3.50 | 4.46 | 7.67% | 35.24% | 67.19% | 6.23% | 9.97% | 1.04% |
| Aerospace/Defense | 67 | 60.44% | 18.29% | 22.39% | 18.56% | 22.79% | 3.25 | 4.48 | 11.02% | 52.89% | 42.74% | 4.40% | 11.51% | 1.80% |
| Air Transport | 24 | 76.23% | 52.16% | 109.02% | 51.65% | 106.83% | 2.37 | 5.33 | 10.15% | 41.81% | 65.27% | 12.14% | 59.94% | 6.56% |
| Apparel | 37 | 59.21% | 31.63% | 46.27% | 31.45% | 45.89% | 4.41 | 4.23 | 8.08% | 51.48% | 50.93% | 10.71% | 19.26% | 1.80% |
| Auto & Truck | 34 | 60.57% | 18.31% | 22.41% | 18.30% | 22.40% | 5.22 | 9.35 | 2.11% | 23.01% | 77.59% | 2.16% | 21.02% | 4.45% |
| Auto Parts | 33 | 44.17% | 32.47% | 48.08% | 32.36% | 47.83% | 3.74 | 3.03 | 12.77% | 71.15% | 52.62% | 13.03% | 25.14% | 3.87% |
| Bank (Money Center) | 15 | 70.72% | 64.63% | 182.72% | 64.69% | 183.19% | NA | NA | 18.10% | 60.10% | 30.47% | 0.20% | 0.89% | 0.06% |
| Banks (Regional) | 591 | 40.07% | 37.19% | 59.21% | 37.62% | 60.32% | 0.96 | 21332.30 | 16.84% | 37.72% | 29.96% | 0.37% | 1.02% | 0.09% |
| Beverage (Alcoholic) | 18 | 44.89% | 23.20% | 30.21% | 23.35% | 30.47% | 7.94 | 3.02 | 8.28% | 36.76% | 63.08% | 8.56% | 25.11% | 4.07% |
| Beverage (Soft) | 29 | 58.77% | 16.00% | 19.05% | 16.48% | 19.73% | 10.17 | 3.08 | 6.94% | 41.92% | 47.67% | 5.95% | 16.24% | 3.34% |
| Broadcasting | 22 | 60.03% | 59.65% | 147.86% | 59.93% | 149.56% | 2.35 | 6.01 | 10.74% | 45.41% | 52.60% | 13.82% | 9.96% | 1.05% |
| Brokerage & Investment Banking | 30 | 79.66% | 65.01% | 185.78% | 65.11% | 186.59% | 6.83 | 650.85 | 14.42% | 67.13% | 40.49% | 0.26% | 0.58% | 0.18% |
| Building Materials | 39 | 44.93% | 16.05% | 19.12% | 15.95% | 18.97% | 7.61 | 2.33 | 19.11% | 81.90% | 34.75% | 7.60% | 18.56% | 2.94% |
| Business & Consumer Services | 152 | 49.77% | 14.30% | 16.68% | 14.37% | 16.78% | 5.03 | 2.83 | 12.48% | 55.00% | 45.39% | 5.88% | 12.33% | 2.08% |
| Cable TV | 9 | 64.87% | 55.00% | 122.22% | 55.82% | 126.35% | 3.23 | 4.11 | 10.47% | 64.71% | 49.73% | 14.20% | 23.27% | 4.89% |
| Chemical (Basic) | 31 | 48.30% | 36.71% | 57.99% | 36.81% | 58.25% | 3.03 | 3.23 | 7.97% | 48.42% | 50.02% | 12.12% | 41.98% | 4.94% |
| Chemical (Diversified) | 4 | 61.11% | 53.32% | 114.24% | 53.08% | 113.12% | 1.43 | 4.77 | 0.00% | 61.09% | 46.97% | 10.76% | 45.51% | 4.33% |
| Chemical (Specialty) | 60 | 40.96% | 21.27% | 27.01% | 21.34% | 27.12% | 4.65 | 3.21 | 9.99% | 67.70% | 48.15% | 7.06% | 28.58% | 4.60% |
| Coal & Related Energy | 16 | 13.70% | 8.77% | 9.61% | 8.65% | 9.47% | 9.15 | 0.49 | 2.77% | 39.23% | 53.78% | 12.82% | 52.31% | 6.17% |
| Computer Services | 63 | 54.31% | 20.72% | 26.13% | 20.84% | 26.33% | 5.14 | 3.16 | 10.78% | 53.91% | 44.40% | 6.88% | 6.98% | 1.04% |
| Computers/Peripherals | 35 | 65.37% | 4.62% | 4.84% | 4.60% | 4.82% | 45.06 | 1.22 | 8.99% | 47.19% | 52.62% | 3.93% | 10.66% | 2.57% |
| Construction Supplies | 46 | 48.33% | 17.57% | 21.31% | 17.74% | 21.56% | 12.24 | 2.46 | 13.55% | 65.37% | 47.52% | 7.67% | 19.19% | 3.74% |
| Diversified | 21 | 22.05% | 13.54% | 15.66% | 13.86% | 16.09% | 17.17 | 1.26 | 5.01% | 43.44% | 59.35% | 12.70% | 18.77% | 1.72% |
| Drugs (Biotechnology) | 535 | 50.43% | 14.46% | 16.91% | 14.60% | 17.09% | 0.29 | 9.57 | 1.05% | 37.74% | 86.83% | 2.06% | 8.64% | 1.20% |
| Drugs (Pharmaceutical) | 231 | 48.56% | 14.21% | 16.56% | 14.45% | 16.89% | 7.43 | 2.83 | 2.58% | 32.19% | 80.05% | 6.01% | 12.28% | 2.28% |
| Education | 29 | 38.92% | 15.96% | 18.99% | 16.28% | 19.44% | 4.36 | 4.01 | 11.89% | 55.13% | 55.82% | 6.25% | 22.78% | 2.25% |
| Electrical Equipment | 101 | 37.52% | 12.86% | 14.76% | 12.93% | 14.84% | 2.90 | 4.13 | 5.14% | 41.47% | 72.12% | 4.00% | 16.39% | 2.80% |
| Electronics (Consumer & Office) | 11 | 22.25% | 11.42% | 12.90% | 11.75% | 13.31% | -10.28 | -3.73 | 0.00% | 40.85% | 73.20% | -2.58% | 11.72% | 2.82% |
| Electronics (General) | 122 | 34.88% | 12.49% | 14.27% | 12.60% | 14.42% | 5.45 | 2.62 | 6.59% | 48.35% | 61.61% | 5.38% | 16.94% | 2.49% |
| Engineering/Construction | 42 | 46.44% | 15.27% | 18.02% | 15.20% | 17.92% | 4.58 | 3.13 | 14.71% | 69.40% | 47.33% | 6.27% | 16.91% | 2.98% |
| Entertainment | 96 | 44.70% | 16.58% | 19.87% | 16.90% | 20.34% | 2.66 | 4.24 | 2.06% | 37.76% | 62.70% | 4.74% | 15.09% | 1.84% |
| Environmental & Waste Services | 50 | 56.10% | 16.11% | 19.20% | 16.19% | 19.32% | 5.85 | 2.95 | 6.84% | 47.44% | 54.48% | 6.22% | 35.86% | 6.01% |
| Farming/Agriculture | 35 | 57.21% | 34.81% | 53.40% | 34.78% | 53.33% | 8.04 | 3.91 | 8.89% | 38.76% | 69.59% | 8.31% | 16.60% | 3.98% |
| Financial Svcs. (Non-bank & Insurance | 166 | 91.58% | 74.13% | 286.50% | 74.14% | 286.66% | 7.19 | 81.01 | 11.81% | 55.44% | 41.96% | 1.06% | 0.39% | 0.12% |
| Food Processing | 77 | 44.02% | 26.55% | 36.14% | 26.75% | 36.52% | 5.99 | 3.38 | 10.12% | 49.35% | 46.27% | 8.86% | 17.94% | 2.72% |
| Food Wholesalers | 14 | 65.87% | 29.95% | 42.76% | 30.21% | 43.28% | 4.06 | 3.69 | 15.53% | 68.25% | 39.17% | 9.28% | 26.14% | 3.24% |
| Furn/Home Furnishings | 28 | 50.02% | 29.70% | 42.24% | 29.54% | 41.93% | 4.19 | 3.81 | 11.61% | 55.16% | 54.80% | 9.49% | 25.24% | 2.97% |
| Green & Renewable Energy | 18 | 57.09% | 63.63% | 174.98% | 63.79% | 176.18% | 0.68 | 7.67 | 1.22% | 45.05% | 71.93% | 8.73% | 77.08% | 5.19% |
| Healthcare Products | 218 | 37.46% | 11.18% | 12.59% | 11.34% | 12.79% | 6.89 | 2.93 | 4.10% | 41.44% | 67.41% | 4.35% | 12.92% | 2.39% |
| Healthcare Support Services | 113 | 47.65% | 23.92% | 31.44% | 24.36% | 32.20% | 5.83 | 3.06 | 8.80% | 49.23% | 54.00% | 8.58% | 6.38% | 1.20% |
| Heathcare Information and Technology | 116 | 38.58% | 13.78% | 15.99% | 13.94% | 16.20% | 4.19 | 3.66 | 3.82% | 47.73% | 64.54% | 4.08% | 9.44% | 1.72% |
| Homebuilding | 30 | 23.38% | 14.86% | 17.46% | 14.89% | 17.50% | 127.32 | 1.30 | 17.73% | 75.63% | 41.43% | 13.07% | 2.23% | 0.56% |
| Hospitals/Healthcare Facilities | 33 | 76.28% | 42.89% | 75.11% | 43.55% | 77.15% | 3.90 | 4.39 | 9.05% | 52.73% | 50.81% | 12.29% | 44.04% | 5.40% |
| Hotel/Gaming | 65 | 85.64% | 29.01% | 40.86% | 30.17% | 43.21% | 2.60 | 5.86 | 10.65% | 56.72% | 45.10% | 6.32% | 44.33% | 3.72% |
| Household Products | 101 | 52.40% | 13.05% | 15.01% | 13.21% | 15.22% | 9.73 | 2.24 | 8.00% | 37.18% | 56.67% | 6.49% | 18.60% | 2.69% |
| Information Services | 16 | 56.79% | 26.07% | 35.27% | 26.13% | 35.37% | 3.10 | 3.60 | 15.37% | 64.50% | 39.66% | 8.51% | 7.14% | 1.44% |
| Insurance (General) | 22 | 34.53% | 14.57% | 17.05% | 14.79% | 17.35% | 5.56 | 2.19 | 8.78% | 55.22% | 51.01% | 7.61% | 1.38% | 0.22% |
| Insurance (Life) | 19 | 48.56% | 38.21% | 61.85% | 38.55% | 62.73% | 7.47 | 9.56 | 14.51% | 69.14% | 34.31% | 7.94% | 0.06% | 0.01% |
| Insurance (Prop/Cas.) | 53 | 25.92% | 13.05% | 15.00% | 13.39% | 15.46% | 14.46 | 2.25 | 16.05% | 59.01% | 33.69% | 9.69% | 1.72% | 0.27% |
| Investments & Asset Management | 231 | 46.77% | 25.79% | 34.76% | 25.95% | 35.04% | 5.06 | 14.37 | 6.19% | 38.39% | 22.94% | 2.32% | 2.41% | 0.22% |
| Machinery | 109 | 39.71% | 13.36% | 15.42% | 13.57% | 15.70% | 7.48 | 2.42 | 11.22% | 63.99% | 46.07% | 6.38% | 10.93% | 1.63% |
| Metals & Mining | 64 | 33.73% | 14.04% | 16.34% | 14.35% | 16.76% | 11.17 | 1.71 | 1.80% | 26.54% | 72.37% | 10.78% | 60.98% | 7.54% |
| Office Equipment & Services | 14 | 56.45% | 31.22% | 45.38% | 31.74% | 46.51% | 4.39 | 3.68 | 13.45% | 60.57% | 49.89% | 11.34% | 17.89% | 2.08% |
| Oil/Gas (Integrated) | 4 | 17.01% | 10.97% | 12.32% | 12.06% | 13.71% | 29.30 | 0.85 | 25.23% | 50.61% | 25.56% | 14.94% | 64.14% | 5.85% |
| Oil/Gas (Production and Exploration) | 147 | 31.43% | 20.85% | 26.34% | 21.04% | 26.65% | 9.22 | 1.26 | 7.10% | 43.14% | 47.66% | 17.67% | 81.52% | 13.65% |
| Oil/Gas Distribution | 24 | 62.30% | 33.97% | 51.45% | 34.01% | 51.54% | 3.31 | 3.63 | 12.48% | 56.11% | 38.17% | 8.09% | 68.17% | 7.17% |
| Oilfield Svcs/Equip. | 97 | 39.42% | 27.15% | 37.27% | 27.81% | 38.52% | 5.13 | 1.68 | 9.08% | 59.51% | 49.49% | 13.49% | 38.03% | 3.69% |
| Packaging & Container | 22 | 59.82% | 34.32% | 52.26% | 34.60% | 52.91% | 3.62 | 3.49 | 14.29% | 68.70% | 33.98% | 10.57% | 34.29% | 4.43% |
| Paper/Forest Products | 6 | 43.71% | 17.88% | 21.78% | 18.41% | 22.57% | 8.85 | 1.67 | 23.69% | 67.46% | 60.66% | 12.70% | 50.49% | 7.44% |
| Power | 48 | 62.39% | 44.45% | 80.02% | 44.55% | 80.34% | 2.15 | 5.95 | 12.11% | 76.40% | 27.31% | 8.19% | 69.60% | 8.22% |
| Precious Metals | 60 | 23.11% | 15.73% | 18.66% | 15.89% | 18.90% | 6.89 | 2.57 | 1.99% | 27.25% | 70.97% | 11.46% | 59.66% | 6.61% |
| Publishing & Newspapers | 19 | 38.86% | 21.97% | 28.16% | 22.30% | 28.69% | 4.48 | 3.06 | 9.76% | 52.68% | 41.00% | 8.92% | 17.54% | 2.73% |
| R.E.I.T. | 192 | 62.35% | 45.23% | 82.57% | 45.50% | 83.49% | 2.06 | 11.28 | 1.80% | 64.81% | 32.08% | 4.43% | 51.09% | 0.34% |
| Real Estate (Development) | 15 | 54.59% | 51.30% | 105.32% | 52.09% | 108.71% | 2.34 | 12.31 | 2.49% | 30.38% | 49.68% | 5.90% | 55.57% | 0.45% |
| Real Estate (General/Diversified) | 11 | 28.48% | 29.58% | 42.00% | 29.55% | 41.94% | 3.47 | 7.09 | 5.45% | 47.27% | 26.53% | 5.49% | 12.63% | 0.40% |
| Real Estate (Operations & Services) | 60 | 44.62% | 22.05% | 28.28% | 22.35% | 28.79% | 0.99 | 11.50 | 4.26% | 33.36% | 56.53% | 3.23% | 14.34% | 1.58% |
| Recreation | 50 | 66.11% | 38.64% | 62.96% | 39.43% | 65.10% | 2.29 | 5.61 | 7.33% | 51.67% | 53.06% | 8.63% | 37.53% | 4.51% |
| Reinsurance | 1 | 31.12% | 26.48% | 36.01% | 26.78% | 36.58% | 4.20 | 3.53 | 20.13% | 96.53% | 19.87% | 9.05% | 0.00% | 0.00% |
| Restaurant/Dining | 62 | 100.59% | 18.89% | 23.29% | 18.79% | 23.14% | 6.25 | 4.37 | 8.84% | 58.61% | 41.50% | 5.34% | 55.34% | 5.63% |
| Retail (Automotive) | 29 | 79.52% | 33.30% | 49.93% | 33.51% | 50.40% | 3.81 | 5.60 | 12.12% | 64.60% | 47.39% | 6.81% | 34.27% | 2.97% |
| Retail (Building Supply) | 13 | 105.33% | 16.91% | 20.35% | 16.80% | 20.19% | 8.12 | 2.86 | 13.66% | 68.20% | 52.13% | 6.22% | 41.32% | 4.01% |
| Retail (Distributors) | 66 | 57.53% | 23.95% | 31.48% | 23.82% | 31.27% | 5.47 | 3.64 | 13.50% | 65.05% | 43.89% | 7.26% | 12.45% | 5.86% |
| Retail (General) | 24 | 42.90% | 8.19% | 8.92% | 8.03% | 8.73% | 14.74 | 1.97 | 16.75% | 63.22% | 46.69% | 5.49% | 51.44% | 9.43% |
| Retail (Grocery and Food) | 17 | 64.38% | 34.06% | 51.66% | 34.32% | 52.26% | 8.02 | 4.14 | 13.28% | 44.43% | 27.13% | 12.91% | 53.56% | 6.60% |
| Retail (REITs) | 28 | 52.26% | 35.20% | 54.32% | 35.39% | 54.77% | 2.16 | 6.85 | 1.19% | 77.06% | 23.56% | 5.73% | 78.44% | 0.48% |
| Retail (Special Lines) | 98 | 63.80% | 23.08% | 30.01% | 22.44% | 28.93% | 9.43 | 3.71 | 8.23% | 53.63% | 57.00% | 9.97% | 41.25% | 3.94% |
| Rubber& Tires | 3 | 67.10% | 79.49% | 387.62% | 79.47% | 387.13% | 1.48 | 6.75 | 0.00% | 55.29% | 72.04% | 17.44% | 41.10% | 5.11% |
| Semiconductor | 63 | 30.23% | 3.75% | 3.90% | 3.75% | 3.89% | 13.35 | 1.77 | 4.19% | 61.06% | 56.05% | 2.85% | 24.67% | 5.96% |
| Semiconductor Equip | 30 | 36.22% | 7.53% | 8.15% | 7.56% | 8.18% | 13.09 | 1.45 | 9.95% | 70.16% | 51.09% | 5.62% | 13.25% | 3.17% |
| Shipbuilding & Marine | 8 | 23.36% | 15.96% | 18.99% | 16.05% | 19.11% | 11.49 | 1.84 | 5.78% | 51.37% | 45.19% | 12.80% | 66.13% | 6.35% |
| Shoe | 12 | 41.56% | 9.54% | 10.55% | 9.29% | 10.25% | 19.71 | 1.55 | 11.06% | 69.80% | 51.75% | 6.73% | 21.01% | 0.96% |
| Software (Entertainment) | 81 | 16.40% | 2.48% | 2.54% | 2.43% | 2.49% | 94.09 | 0.60 | 6.73% | 39.56% | 66.63% | 5.33% | 40.57% | 10.75% |
| Software (Internet) | 29 | 50.40% | 10.44% | 11.65% | 10.35% | 11.54% | 0.66 | 10.44 | 2.18% | 59.65% | 55.62% | 1.49% | 12.31% | 2.03% |
| Software (System & Application) | 333 | 34.88% | 4.75% | 4.99% | 4.67% | 4.90% | 14.74 | 1.62 | 4.44% | 45.80% | 63.63% | 3.26% | 19.04% | 5.47% |
| Steel | 27 | 26.56% | 20.27% | 25.42% | 20.57% | 25.90% | 9.98 | 1.24 | 11.76% | 65.96% | 46.79% | 13.25% | 44.28% | 8.00% |
| Telecom (Wireless) | 11 | 62.62% | 32.32% | 47.76% | 32.25% | 47.61% | 4.65 | 4.13 | 14.90% | 33.22% | 66.73% | 10.15% | 32.36% | 4.40% |
| Telecom. Equipment | 61 | 47.01% | 11.38% | 12.84% | 11.35% | 12.80% | 5.70 | 2.83 | 4.35% | 48.17% | 56.09% | 4.38% | 7.84% | 1.44% |
| Telecom. Services | 32 | 61.67% | 49.80% | 99.19% | 50.04% | 100.17% | 3.61 | 3.79 | 3.65% | 39.19% | 63.71% | 14.94% | 38.37% | 4.88% |
| Tobacco | 12 | 113.73% | 21.70% | 27.72% | 21.85% | 27.96% | 8.71 | 2.88 | 12.50% | 39.54% | 68.34% | 8.08% | 9.19% | 1.62% |
| Transportation | 21 | 65.55% | 28.03% | 38.95% | 27.91% | 38.71% | 4.08 | 4.06 | 11.90% | 57.51% | 51.68% | 7.97% | 40.34% | 5.61% |
| Transportation (Railroads) | 4 | 61.84% | 21.86% | 27.97% | 22.11% | 28.39% | 6.50 | 3.00 | 17.14% | 76.88% | 26.56% | 7.96% | 84.03% | 6.55% |
| Trucking | 24 | 42.58% | 18.69% | 22.98% | 18.64% | 22.92% | 4.18 | 2.28 | 18.60% | 58.31% | 32.18% | 8.65% | 43.07% | 13.02% |
| Utility (General) | 14 | 58.58% | 43.68% | 77.56% | 43.84% | 78.06% | 2.46 | 5.92 | 10.65% | 85.71% | 18.21% | 7.44% | 71.23% | 8.52% |
| Utility (Water) | 15 | 54.61% | 36.93% | 58.56% | 36.96% | 58.64% | 3.00 | 6.25 | 11.36% | 55.62% | 29.17% | 6.56% | 80.69% | 8.03% |
| Total Market | 6062 | 62.68% | 28.04% | 38.97% | 28.15% | 39.18% | 6.41 | 6.78 | 8.03% | 48.47% | 52.53% | 4.88% | 13.92% | 1.84% |
| Total Market (without financials) | 4935 | 49.35% | 16.05% | 19.11% | 16.17% | 19.29% | 6.32 | 3.09 | 6.75% | 49.62% | 57.40% | 5.96% | 33.00% | 4.35% |