Return
on Equity 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/roe.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 | ROE (unadjusted) | ROE (adjusted for R&D) |
| Advertising | 54 | 11.85% | 9.95% |
| Aerospace/Defense | 67 | 11.94% | 9.44% |
| Air Transport | 24 | 13.27% | 12.68% |
| Apparel | 37 | 8.47% | 8.42% |
| Auto & Truck | 34 | 9.27% | 6.84% |
| Auto Parts | 33 | 7.09% | 5.43% |
| Bank (Money Center) | 15 | 11.52% | 11.52% |
| Banks (Regional) | 591 | 6.80% | 6.80% |
| Beverage (Alcoholic) | 18 | 9.49% | 9.49% |
| Beverage (Soft) | 29 | 30.61% | 29.67% |
| Broadcasting | 22 | -9.12% | -9.12% |
| Brokerage & Investment Banking | 30 | 13.11% | 12.98% |
| Building Materials | 39 | 27.36% | 25.38% |
| Business & Consumer Services | 152 | 18.27% | 17.40% |
| Cable TV | 9 | 15.50% | 15.29% |
| Chemical (Basic) | 31 | 6.37% | 5.96% |
| Chemical (Diversified) | 4 | -1.30% | -1.36% |
| Chemical (Specialty) | 60 | 7.78% | 7.02% |
| Coal & Related Energy | 16 | 11.34% | 11.12% |
| Computer Services | 63 | 17.44% | 13.97% |
| Computers/Peripherals | 35 | 0.02% | 46.70% |
| Construction Supplies | 46 | 25.63% | 21.92% |
| Diversified | 21 | 20.90% | 20.56% |
| Drugs (Biotechnology) | 535 | -14.12% | -3.07% |
| Drugs (Pharmaceutical) | 231 | 10.49% | 7.13% |
| Education | 29 | 4.22% | 3.83% |
| Electrical Equipment | 101 | 4.78% | 4.33% |
| Electronics (Consumer & Office) | 11 | -30.96% | -15.52% |
| Electronics (General) | 122 | 10.19% | 8.31% |
| Engineering/Construction | 42 | 13.08% | 13.03% |
| Entertainment | 96 | -3.90% | -3.33% |
| Environmental & Waste Services | 50 | 22.32% | 21.69% |
| Farming/Agriculture | 35 | 15.33% | 13.56% |
| Financial Svcs. (Non-bank & Insurance) | 166 | 31.55% | 29.07% |
| Food Processing | 77 | 9.80% | 9.55% |
| Food Wholesalers | 14 | 20.05% | 20.05% |
| Furn/Home Furnishings | 28 | 5.85% | 5.19% |
| Green & Renewable Energy | 18 | -11.57% | -11.57% |
| Healthcare Products | 218 | 8.88% | 7.28% |
| Healthcare Support Services | 113 | 11.66% | 11.49% |
| Heathcare Information and Technology | 116 | 3.93% | 3.43% |
| Homebuilding | 30 | 20.15% | 20.15% |
| Hospitals/Healthcare Facilities | 33 | 76.10% | 74.82% |
| Hotel/Gaming | 65 | 42.05% | 32.50% |
| Household Products | 101 | 26.24% | 22.96% |
| Information Services | 16 | 15.90% | 14.11% |
| Insurance (General) | 22 | 5.63% | 5.60% |
| Insurance (Life) | 19 | 11.89% | 11.89% |
| Insurance (Prop/Cas.) | 53 | 22.60% | 22.60% |
| Investments & Asset Management | 231 | 13.32% | 13.21% |
| Machinery | 109 | 16.56% | 14.96% |
| Metals & Mining | 64 | 12.50% | 12.43% |
| Office Equipment & Services | 14 | 3.37% | 2.88% |
| Oil/Gas (Integrated) | 4 | 14.20% | 14.09% |
| Oil/Gas (Production and Exploration) | 147 | 17.60% | 17.58% |
| Oil/Gas Distribution | 24 | 19.75% | 19.75% |
| Oilfield Svcs/Equip. | 97 | 13.27% | 12.87% |
| Packaging & Container | 22 | 20.76% | 19.73% |
| Paper/Forest Products | 6 | 24.20% | 24.10% |
| Power | 48 | 11.13% | 11.10% |
| Precious Metals | 60 | -3.82% | -3.72% |
| Publishing & Newspapers | 19 | 4.19% | 4.00% |
| R.E.I.T. | 192 | 4.73% | 4.73% |
| Real Estate (Development) | 15 | 6.34% | 6.34% |
| Real Estate (General/Diversified) | 11 | 4.31% | 4.31% |
| Real Estate (Operations & Services) | 60 | -1.91% | -1.46% |
| Recreation | 50 | 1.75% | 1.24% |
| Reinsurance | 1 | 9.02% | 9.02% |
| Restaurant/Dining | 62 | NA | NA |
| Retail (Automotive) | 29 | 35.70% | 35.68% |
| Retail (Building Supply) | 13 | NA | NA |
| Retail (Distributors) | 66 | 21.64% | 21.61% |
| Retail (General) | 24 | 25.37% | 14.58% |
| Retail (Grocery and Food) | 17 | 21.09% | 13.28% |
| Retail (REITs) | 28 | 7.34% | 7.34% |
| Retail (Special Lines) | 98 | 10.13% | 9.94% |
| Rubber& Tires | 3 | -6.41% | -5.28% |
| Semiconductor | 63 | 19.08% | 13.83% |
| Semiconductor Equip | 30 | 31.78% | 21.51% |
| Shipbuilding & Marine | 8 | 11.72% | 11.72% |
| Shoe | 12 | 31.67% | 31.39% |
| Software (Entertainment) | 81 | 33.46% | 21.42% |
| Software (Internet) | 29 | -3.09% | -0.29% |
| Software (System & Application) | 333 | 27.66% | 18.39% |
| Steel | 27 | 10.04% | 10.03% |
| Telecom (Wireless) | 11 | 13.42% | 13.40% |
| Telecom. Equipment | 61 | 15.03% | 9.80% |
| Telecom. Services | 32 | 7.75% | 7.56% |
| Tobacco | 12 | NA | NA |
| Transportation | 21 | 17.32% | 14.71% |
| Transportation (Railroads) | 4 | 31.99% | 31.99% |
| Trucking | 24 | 9.32% | 8.79% |
| Utility (General) | 14 | 10.81% | 10.81% |
| Utility (Water) | 15 | 9.78% | 9.79% |
| Total Market | 6062 | 15.93% | 13.66% |
| Total Market (without financials) | 4935 | 16.41% | 13.53% |