Date updated: 5-Jan-17
Created by: Aswath Damodaran, adamodar@stern.nyu.edu
What is this data? Beta, Unlevered beta and other risk measures US companies
Home Page: http://www.damodaran.com
Data website: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
Companies in each industry: http://www.stern.nyu.edu/~adamodar/pc/datasets/indname.xls
Variable definitions: http://www.stern.nyu.edu/~adamodar/New_Home_Page/datafile/variable.htm
Industry Name Number of firms Beta  D/E Ratio Tax rate Unlevered beta Cash/Firm value Unlevered beta corrected for cash HiLo Risk Standard deviation of equity Coefficient of variation in net income Coefficient of variation in operating income
Advertising 41 1.36 59.91% 5.10% 0.87 6.39% 0.93 0.6671 72.80% 0.88 1.19
Aerospace/Defense 96 1.07 23.18% 10.86% 0.89 5.23% 0.94 0.5241 40.75% 0.96 1.26
Air Transport 18 1.12 63.67% 22.99% 0.75 4.40% 0.79 0.4760 38.61% 0.84 1.22
Apparel 58 0.88 31.65% 10.95% 0.69 4.38% 0.72 0.4968 47.15% 0.99 1.26
Auto & Truck 15 0.85 150.15% 8.14% 0.36 6.47% 0.38 0.6222 29.21% 1.01 1.10
Auto Parts 63 1.12 34.75% 10.40% 0.86 8.93% 0.94 0.5478 50.64% 0.76 1.08
Banks (Money Center) 10 0.86 187.36% 27.90% 0.37 9.92% 0.41 0.2658 25.85% NA NA
Banks (Regional) 645 0.47 59.98% 25.43% 0.33 10.79% 0.37 0.2325 22.84% NA NA
Beverage (Alcoholic) 25 0.79 28.89% 10.86% 0.63 11.32% 0.71 0.5805 44.18% 0.75 0.85
Beverage (Soft) 36 0.91 24.38% 5.87% 0.74 4.84% 0.78 0.5856 52.80% 1.10 1.39
Broadcasting 30 1.22 94.70% 18.54% 0.69 2.18% 0.70 0.4266 41.01% 0.51 1.54
Brokerage & Investment Banking 45 1.08 231.42% 13.59% 0.36 15.01% 0.42 0.4577 44.96% 2.34 2.47
Building Materials 41 1.01 26.62% 23.39% 0.84 4.06% 0.87 0.3818 33.77% 0.76 1.21
Business & Consumer Services 165 1.07 34.09% 12.61% 0.82 3.55% 0.86 0.5200 44.71% 0.95 1.16
Cable TV 14 1.12 48.99% 20.28% 0.80 2.32% 0.82 0.3395 30.78% 1.18 1.55
Chemical (Basic) 45 1.00 57.48% 7.71% 0.66 4.03% 0.68 0.5526 59.91% 1.06 1.22
Chemical (Diversified) 8 1.52 34.92% 6.59% 1.15 6.53% 1.23 0.5298 45.48% 0.46 0.66
Chemical (Specialty) 100 1.20 29.61% 9.58% 0.95 3.98% 0.98 0.4924 45.44% 0.75 0.96
Coal & Related Energy 38 1.36 137.95% 0.48% 0.57 5.36% 0.61 0.6001 73.31% 1.08 1.12
Computer Services 117 0.99 27.74% 11.18% 0.79 5.26% 0.83 0.5390 45.57% 0.87 1.23
Computers/Peripherals 55 1.06 19.31% 5.68% 0.89 5.63% 0.95 0.4866 60.29% 0.89 1.21
Construction Supplies 51 1.31 42.21% 18.44% 0.98 4.69% 1.03 0.4424 38.87% 0.84 1.11
Diversified 24 0.76 35.66% 11.55% 0.58 7.86% 0.63 0.3951 23.28% 0.92 1.06
Drugs (Biotechnology) 426 1.40 19.24% 1.44% 1.18 5.55% 1.25 0.5805 75.23% 0.77 0.84
Drugs (Pharmaceutical) 164 1.02 14.47% 2.54% 0.89 3.98% 0.93 0.6179 67.61% 0.94 1.10
Education 36 1.23 29.96% 9.29% 0.96 10.43% 1.08 0.5865 51.51% 1.38 1.34
Electrical Equipment 119 1.14 18.93% 5.87% 0.97 6.43% 1.04 0.6252 54.63% 0.92 1.08
Electronics (Consumer & Office) 24 1.08 18.39% 3.81% 0.92 6.04% 0.98 0.6086 66.94% 1.16 1.64
Electronics (General) 164 0.86 17.54% 8.85% 0.75 10.05% 0.83 0.4951 48.91% 0.78 1.02
Engineering/Construction 48 1.18 31.05% 15.15% 0.93 8.35% 1.02 0.5056 44.23% 0.89 1.14
Entertainment 79 1.20 29.99% 5.50% 0.94 3.61% 0.97 0.6605 44.71% 1.17 1.32
Environmental & Waste Services 89 0.85 38.40% 5.07% 0.62 0.96% 0.63 0.5837 57.94% 0.96 1.22
Farming/Agriculture 37 0.92 59.63% 7.89% 0.59 3.89% 0.62 0.5482 41.14% 0.94 1.18
Financial Svcs. (Non-bank & Insurance) 258 0.65 1123.96% 20.80% 0.07 2.29% 0.07 0.2947 29.20% 0.95 1.09
Food Processing 87 0.75 26.63% 14.66% 0.61 2.58% 0.63 0.4214 30.98% 0.60 0.84
Food Wholesalers 16 1.20 35.87% 11.77% 0.91 1.77% 0.93 0.3878 52.66% 0.63 0.78
Furn/Home Furnishings 30 0.84 28.31% 14.58% 0.67 3.41% 0.70 0.4789 42.94% 0.87 1.09
Green & Renewable Energy 25 1.14 171.05% 4.25% 0.43 8.96% 0.47 0.6770 47.60% 2.27 2.36
Healthcare Products 254 1.04 17.80% 6.12% 0.89 3.91% 0.92 0.5348 56.59% 0.72 0.92
Healthcare Support Services 121 0.94 31.75% 14.31% 0.74 10.10% 0.82 0.5096 50.06% 0.79 0.99
Heathcare Information and Technology 125 0.95 20.37% 6.32% 0.80 4.23% 0.83 0.5458 52.46% 0.96 1.10
Homebuilding 33 1.08 66.11% 27.28% 0.73 5.34% 0.77 0.3321 33.76% 1.24 1.37
Hospitals/Healthcare Facilities 38 1.10 165.93% 12.06% 0.45 1.46% 0.45 0.4817 44.67% 0.73 0.99
Hotel/Gaming 69 0.96 54.46% 11.23% 0.65 3.45% 0.67 0.4598 39.32% 0.82 1.21
Household Products 129 0.80 20.93% 9.05% 0.67 2.97% 0.69 0.5926 50.91% 0.81 1.08
Information Services 64 0.98 20.28% 16.37% 0.84 3.72% 0.87 0.3452 36.65% 0.60 0.85
Insurance (General) 19 0.90 38.41% 18.33% 0.69 3.93% 0.72 0.2761 30.38% 0.53 0.77
Insurance (Life) 22 1.03 71.10% 22.91% 0.67 16.86% 0.80 0.2818 27.80% 0.93 1.03
Insurance (Prop/Cas.) 50 0.83 30.71% 22.27% 0.67 4.63% 0.70 0.2524 25.41% 0.79 0.79
Investments & Asset Management 156 0.90 60.98% 7.71% 0.57 15.51% 0.68 0.3809 34.30% 1.04 1.34
Machinery 127 1.06 21.48% 11.73% 0.89 4.28% 0.93 0.4467 38.59% 0.84 0.99
Metals & Mining 97 1.30 51.74% 1.16% 0.86 2.98% 0.89 0.7440 77.36% 1.18 1.42
Office Equipment & Services 24 1.49 53.30% 16.68% 1.03 6.35% 1.10 0.4362 33.85% 0.84 1.34
Oil/Gas (Integrated) 7 1.08 16.70% 1.14% 0.93 2.05% 0.95 0.5161 46.30% 0.54 0.51
Oil/Gas (Production and Exploration) 330 1.38 46.68% 0.32% 0.94 5.45% 0.99 0.6405 75.08% 1.22 1.50
Oil/Gas Distribution 78 1.20 76.61% 2.93% 0.69 0.76% 0.69 0.4215 45.13% 0.70 0.90
Oilfield Svcs/Equip. 148 1.37 32.01% 4.11% 1.04 6.30% 1.12 0.5450 60.50% 0.97 1.16
Packaging & Container 26 0.84 55.59% 24.47% 0.59 2.56% 0.61 0.3546 29.58% 0.29 0.70
Paper/Forest Products 23 1.12 48.67% 14.46% 0.79 4.89% 0.83 0.5042 38.67% 0.79 0.92
Power 68 0.54 86.39% 19.27% 0.32 2.47% 0.33 0.2648 24.11% 0.32 0.54
Precious Metals 109 1.25 24.05% 1.84% 1.01 8.33% 1.10 0.7586 78.31% 1.10 1.29
Publishing & Newspapers 37 1.32 54.65% 14.32% 0.90 7.88% 0.98 0.4132 48.08% 1.18 1.74
R.E.I.T. 238 0.72 78.29% 1.72% 0.41 1.62% 0.42 0.2392 24.67% 0.46 0.94
Real Estate (Development) 18 0.68 59.34% 1.97% 0.43 8.54% 0.47 0.6038 39.45% 1.31 1.59
Real Estate (General/Diversified) 11 1.27 24.17% 15.32% 1.05 3.71% 1.10 0.4391 24.99% 0.97 1.23
Real Estate (Operations & Services) 54 0.99 74.95% 8.78% 0.59 5.26% 0.62 0.5913 50.15% 0.91 1.30
Recreation 66 0.92 30.37% 13.21% 0.73 4.56% 0.76 0.5233 46.01% 0.95 1.15
Reinsurance 3 0.75 32.02% 19.33% 0.59 8.32% 0.65 0.2514 21.23% 1.15 1.45
Restaurant/Dining 86 0.77 31.95% 16.47% 0.61 2.41% 0.62 0.4123 39.10% 0.64 0.89
Retail (Automotive) 25 0.91 56.49% 22.58% 0.64 1.15% 0.64 0.4333 28.30% 0.53 0.85
Retail (Building Supply) 6 1.30 20.68% 20.11% 1.11 1.67% 1.13 0.2621 39.62% 0.47 0.50
Retail (Distributors) 88 1.10 56.14% 16.95% 0.75 2.20% 0.77 0.5018 40.48% 0.71 0.95
Retail (General) 19 1.05 36.53% 22.22% 0.82 2.79% 0.84 0.2805 40.00% 0.51 0.73
Retail (Grocery and Food) 14 0.69 59.72% 24.11% 0.47 1.31% 0.48 0.3599 35.13% 0.31 0.60
Retail (Online) 57 1.23 9.33% 8.46% 1.13 3.80% 1.18 0.5212 48.86% 1.12 1.42
Retail (Special Lines) 108 1.02 46.03% 21.29% 0.75 4.47% 0.79 0.4108 42.19% 0.69 0.88
Rubber& Tires 4 1.35 70.60% 10.09% 0.82 8.17% 0.90 0.4555 63.88% 0.69 1.08
Semiconductor 80 1.20 13.99% 7.71% 1.06 4.79% 1.11 0.4717 42.08% 0.83 1.11
Semiconductor Equip 45 1.10 16.28% 11.13% 0.96 12.70% 1.10 0.4324 38.24% 1.05 1.35
Shipbuilding & Marine 11 1.20 47.59% 7.30% 0.83 2.84% 0.86 0.5953 73.54% 0.80 1.19
Shoe 10 0.85 9.27% 14.47% 0.79 5.65% 0.84 0.3007 37.21% 0.57 0.76
Software (Entertainment) 13 0.98 14.56% 1.04% 0.86 11.31% 0.97 0.6124 48.14% 1.60 1.50
Software (Internet) 297 1.13 4.01% 3.49% 1.09 2.65% 1.12 0.6293 55.85% 1.19 1.31
Software (System & Application) 236 1.13 21.25% 5.67% 0.94 5.34% 0.99 0.5614 47.40% 0.93 1.14
Steel 38 1.60 47.56% 7.94% 1.11 7.06% 1.20 0.5972 54.19% 0.90 1.31
Telecom (Wireless) 17 1.12 107.05% 9.11% 0.57 6.14% 0.60 0.6530 37.67% 1.11 1.40
Telecom. Equipment 107 0.99 24.32% 6.14% 0.80 6.87% 0.86 0.4893 49.24% 0.94 1.12
Telecom. Services 67 1.04 64.09% 13.36% 0.67 1.80% 0.68 0.4531 47.21% 0.80 1.17
Tobacco 22 1.28 17.13% 8.84% 1.11 2.38% 1.13 0.6350 61.73% 0.55 1.28
Transportation 17 1.01 29.93% 17.46% 0.81 3.56% 0.84 0.3969 32.72% 0.55 0.73
Transportation (Railroads) 7 0.79 27.34% 22.17% 0.65 1.83% 0.66 0.2829 27.05% 0.36 0.40
Trucking 30 1.21 89.67% 26.74% 0.73 4.28% 0.76 0.4577 42.01% 0.65 0.88
Utility (General) 18 0.38 68.18% 25.62% 0.25 0.65% 0.25 0.1515 19.32% 0.20 0.48
Utility (Water) 22 0.65 43.33% 11.97% 0.47 0.43% 0.47 0.4530 27.03% 0.70 1.00
Total Market 7330 1.00 67.15% 10.44% 0.63 4.94% 0.66 0.4822 45.04% 0.86 1.10
Total Market (without financials) 6125 1.08 34.91% 8.27% 0.81 4.13% 0.85 0.5227 48.61% 0.94 1.21