Margins
by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2026
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/margin.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
| Gross Income Based | Net Income Based | |||||||||||||||||
| Industry Name | Number of firms | Gross Margin | Net Margin | Pre-tax, Pre-stock compensation Operating Margin | Pre-tax Unadjusted Operating Margin | After-tax Unadjusted Operating Margin | Pre-tax Lease adjusted Margin | After-tax Lease Adjusted Margin | Pre-tax Lease & R&D adj Margin | After-tax Lease & R&D adj Margin | EBITDA/Sales | EBITDASG&A/Sales | EBITDAR&D/Sales | COGS/Sales | R&D/Sales | SG&A/ Sales | Stock-Based Compensation/Sales | Lease Expense/Sales |
| Advertising | 52 | 36.24% | -0.30% | 13.30% | 10.07% | 9.56% | 10.05% | 9.54% | 10.19% | 9.69% | 14.06% | 33.04% | 17.12% | 63.76% | 3.07% | 18.98% | 3.23% | 2.39% |
| Aerospace/Defense | 79 | 17.48% | 4.99% | 9.80% | 8.65% | 7.65% | 8.70% | 7.69% | 8.77% | 7.76% | 10.69% | 17.19% | 14.70% | 82.52% | 4.02% | 6.50% | 1.15% | 0.74% |
| Air Transport | 23 | 24.79% | 2.51% | 5.68% | 5.32% | 4.88% | 4.88% | 4.48% | 4.90% | 4.49% | 10.27% | 13.87% | 10.65% | 75.21% | 0.38% | 3.60% | 0.36% | 7.76% |
| Apparel | 35 | 56.88% | 3.85% | 10.18% | 9.11% | 8.23% | 9.89% | 8.94% | 9.87% | 8.92% | 11.47% | 59.09% | 11.49% | 43.12% | 0.01% | 47.62% | 1.07% | 6.20% |
| Auto & Truck | 33 | 10.41% | 1.29% | 3.16% | 2.32% | 2.23% | 2.38% | 2.29% | 2.53% | 2.44% | 7.49% | 13.75% | 12.79% | 89.59% | 5.30% | 6.26% | 0.84% | 0.61% |
| Auto Parts | 35 | 15.84% | 0.72% | 6.37% | 5.67% | 4.82% | 5.80% | 4.93% | 5.96% | 5.09% | 9.04% | 17.34% | 13.99% | 84.16% | 4.95% | 8.31% | 0.70% | 0.89% |
| Bank (Money Center) | 15 | 100.00% | 28.89% | 2.30% | 0.00% | 0.00% | 0.08% | 0.06% | 0.08% | 0.06% | 0.00% | 57.14% | 0.00% | 0.00% | 0.00% | 57.14% | 2.30% | 2.34% |
| Banks (Regional) | 568 | 99.62% | 27.49% | 1.60% | 0.00% | 0.00% | -0.12% | -0.10% | -0.12% | -0.10% | 0.00% | 52.37% | 0.00% | 0.38% | 0.00% | 52.37% | 1.60% | 1.95% |
| Beverage (Alcoholic) | 14 | 46.96% | 0.56% | 23.37% | 22.76% | 19.95% | 22.79% | 19.97% | 22.79% | 19.97% | 29.52% | 53.19% | 29.52% | 53.04% | 0.00% | 23.67% | 0.61% | 1.49% |
| Beverage (Soft) | 27 | 54.74% | 13.40% | 21.01% | 20.53% | 19.12% | 20.63% | 19.22% | 20.63% | 19.22% | 22.78% | 56.24% | 23.27% | 45.26% | 0.49% | 33.46% | 0.48% | 1.27% |
| Broadcasting | 24 | 38.13% | 2.06% | 13.28% | 12.33% | 11.38% | 12.35% | 11.39% | 12.35% | 11.40% | 18.21% | 39.56% | 18.22% | 61.87% | 0.01% | 21.34% | 0.95% | 0.87% |
| Brokerage & Investment Banking | 32 | 53.27% | 14.45% | 2.51% | 0.00% | 0.00% | -0.12% | -0.10% | -0.10% | -0.08% | 0.00% | 29.54% | 0.27% | 46.73% | 0.27% | 29.54% | 2.51% | 1.68% |
| Building Materials | 41 | 30.94% | 7.42% | 13.28% | 12.64% | 10.36% | 12.80% | 10.49% | 12.85% | 10.54% | 17.32% | 33.97% | 18.58% | 69.06% | 1.26% | 16.65% | 0.64% | 1.09% |
| Business & Consumer Services | 155 | 33.38% | 7.03% | 13.66% | 12.27% | 11.00% | 12.32% | 11.04% | 12.38% | 11.10% | 15.65% | 33.50% | 16.83% | 66.62% | 1.18% | 17.86% | 1.39% | 1.42% |
| Cable TV | 9 | 62.91% | 7.08% | 19.55% | 18.49% | 16.52% | 18.24% | 16.30% | 18.22% | 16.28% | 32.37% | 61.83% | 32.50% | 37.09% | 0.13% | 29.46% | 1.07% | 1.30% |
| Chemical (Basic) | 29 | 9.31% | -3.73% | 3.06% | 2.67% | 2.47% | 2.86% | 2.64% | 2.83% | 2.61% | 12.34% | 17.63% | 13.34% | 90.69% | 1.00% | 5.29% | 0.39% | 2.05% |
| Chemical (Diversified) | 4 | 15.32% | -5.35% | 3.76% | 3.29% | 3.29% | 3.41% | 3.41% | 3.44% | 3.44% | 9.68% | 20.11% | 11.58% | 84.68% | 1.90% | 10.44% | 0.47% | 1.56% |
| Chemical (Specialty) | 59 | 35.12% | 2.91% | 12.85% | 12.17% | 10.51% | 12.41% | 10.71% | 12.45% | 10.76% | 18.01% | 35.44% | 20.62% | 64.88% | 2.61% | 17.43% | 0.68% | 1.58% |
| Coal & Related Energy | 16 | 14.86% | -2.13% | -2.89% | -4.02% | -3.89% | -3.82% | -3.70% | -3.84% | -3.73% | 13.04% | 20.30% | 13.30% | 85.14% | 0.26% | 7.25% | 1.13% | 1.11% |
| Computer Services | 64 | 24.26% | 4.45% | 8.27% | 7.41% | 6.63% | 7.63% | 6.82% | 7.81% | 7.01% | 8.98% | 22.90% | 11.50% | 75.74% | 2.53% | 13.92% | 0.86% | 0.96% |
| Computers/Peripherals | 36 | 38.36% | 17.78% | 24.96% | 22.48% | 21.16% | 22.49% | 21.16% | 22.92% | 21.59% | 25.32% | 34.03% | 32.40% | 61.64% | 7.08% | 8.71% | 2.47% | 2.92% |
| Construction Supplies | 40 | 25.52% | 10.78% | 15.67% | 15.23% | 12.79% | 15.27% | 12.82% | 15.22% | 12.77% | 19.46% | 27.35% | 21.89% | 74.48% | 2.43% | 7.88% | 0.44% | 0.64% |
| Diversified | 20 | 25.81% | 16.37% | 22.83% | 22.73% | 22.10% | 22.82% | 22.19% | 22.83% | 22.20% | 31.27% | 33.66% | 31.93% | 74.19% | 0.66% | 2.39% | 0.10% | 0.64% |
| Drugs (Biotechnology) | 496 | 60.78% | -5.00% | 16.17% | 8.97% | 8.88% | 8.76% | 8.67% | 8.95% | 8.86% | 15.38% | 45.63% | 58.26% | 39.22% | 42.89% | 30.25% | 7.20% | 1.63% |
| Drugs (Pharmaceutical) | 228 | 71.73% | 18.54% | 31.24% | 29.54% | 28.66% | 29.54% | 28.66% | 27.25% | 26.36% | 33.59% | 55.50% | 54.52% | 28.27% | 20.94% | 21.91% | 1.71% | 0.82% |
| Education | 32 | 45.82% | 8.79% | 16.70% | 14.01% | 11.84% | 13.54% | 11.44% | 13.74% | 11.64% | 16.57% | 43.83% | 20.54% | 54.18% | 3.98% | 27.26% | 2.68% | 3.80% |
| Electrical Equipment | 112 | 31.82% | 0.94% | 10.90% | 9.53% | 9.08% | 9.75% | 9.28% | 9.95% | 9.48% | 12.65% | 31.06% | 16.60% | 68.18% | 3.95% | 18.41% | 1.36% | 1.09% |
| Electronics (Consumer & Office) | 8 | 38.77% | -9.42% | -0.20% | -4.49% | -4.49% | -4.25% | -4.25% | -6.26% | -6.26% | -2.65% | 23.84% | 15.25% | 61.23% | 17.90% | 26.48% | 4.29% | 1.17% |
| Electronics (General) | 114 | 26.76% | 6.47% | 11.80% | 10.42% | 9.59% | 10.52% | 9.67% | 10.61% | 9.76% | 12.36% | 24.03% | 16.59% | 73.24% | 4.23% | 11.67% | 1.38% | 0.85% |
| Engineering/Construction | 48 | 15.46% | 5.94% | 7.04% | 6.49% | 5.60% | 6.75% | 5.83% | 6.76% | 5.84% | 7.96% | 15.76% | 8.00% | 84.54% | 0.04% | 7.81% | 0.55% | 2.54% |
| Entertainment | 92 | 41.39% | 4.43% | 13.33% | 10.60% | 10.25% | 10.38% | 10.04% | 10.60% | 10.26% | 17.77% | 39.14% | 21.45% | 58.61% | 3.68% | 21.37% | 2.73% | 1.97% |
| Environmental & Waste Services | 53 | 36.30% | 8.24% | 15.32% | 14.61% | 13.99% | 14.85% | 14.22% | 14.85% | 14.22% | 20.99% | 34.99% | 21.42% | 63.70% | 0.43% | 14.00% | 0.71% | 1.78% |
| Farming/Agriculture | 35 | 13.09% | 3.91% | 5.65% | 5.45% | 5.10% | 5.61% | 5.25% | 5.60% | 5.25% | 8.04% | 14.13% | 9.56% | 86.91% | 1.52% | 6.09% | 0.20% | 1.09% |
| Financial Svcs. (Non-bank & Insurance) | 176 | 69.20% | 22.19% | 20.85% | 18.48% | 16.26% | 18.54% | 16.30% | 18.74% | 16.50% | 21.02% | 51.09% | 23.28% | 30.80% | 2.26% | 30.07% | 2.37% | 2.99% |
| Food Processing | 78 | 23.23% | 2.82% | 11.00% | 10.63% | 9.53% | 10.77% | 9.65% | 10.74% | 9.62% | 15.25% | 27.38% | 15.86% | 76.77% | 0.60% | 12.12% | 0.37% | 1.69% |
| Food Wholesalers | 13 | 15.44% | 1.17% | 2.75% | 2.61% | 2.37% | 2.55% | 2.31% | 2.55% | 2.31% | 3.71% | 16.11% | 3.71% | 84.56% | 0.00% | 12.40% | 0.13% | 0.51% |
| Furn/Home Furnishings | 27 | 30.28% | 1.10% | 7.19% | 6.59% | 5.84% | 6.88% | 6.09% | 6.80% | 6.02% | 9.75% | 32.18% | 11.65% | 69.72% | 1.90% | 22.43% | 0.61% | 2.97% |
| Green & Renewable Energy | 15 | 55.24% | -10.83% | 20.43% | 19.87% | 19.87% | 18.39% | 18.39% | 18.38% | 18.38% | 58.45% | 63.90% | 58.55% | 44.76% | 0.10% | 5.45% | 0.56% | 0.97% |
| Healthcare Products | 204 | 54.00% | 9.61% | 17.40% | 15.34% | 14.60% | 15.47% | 14.72% | 15.83% | 15.08% | 20.34% | 50.18% | 27.53% | 46.00% | 7.20% | 29.84% | 2.07% | 0.90% |
| Healthcare Support Services | 104 | 12.08% | 1.25% | 3.21% | 3.00% | 2.70% | 2.99% | 2.70% | 3.01% | 2.71% | 3.87% | 12.28% | 3.93% | 87.92% | 0.07% | 8.42% | 0.22% | 0.32% |
| Heathcare Information and Technology | 115 | 48.32% | 7.45% | 17.12% | 14.71% | 13.77% | 14.75% | 13.81% | 14.79% | 13.85% | 20.50% | 45.02% | 27.39% | 51.68% | 6.89% | 24.52% | 2.41% | 1.33% |
| Homebuilding | 30 | 22.70% | 9.47% | 12.91% | 12.57% | 10.44% | 12.63% | 10.49% | 12.63% | 10.49% | 14.14% | 24.03% | 14.14% | 77.30% | 0.00% | 9.89% | 0.33% | 0.30% |
| Hospitals/Healthcare Facilities | 31 | 39.10% | 6.30% | 14.05% | 13.36% | 11.84% | 12.86% | 11.40% | 12.86% | 11.40% | 15.80% | 20.21% | 15.85% | 60.90% | 0.05% | 4.41% | 0.69% | 2.16% |
| Hotel/Gaming | 63 | 60.85% | 10.38% | 21.58% | 19.39% | 17.78% | 16.44% | 15.08% | 16.59% | 15.23% | 24.45% | 52.68% | 27.29% | 39.15% | 2.84% | 28.23% | 2.19% | 2.52% |
| Household Products | 110 | 51.04% | 11.68% | 19.54% | 18.62% | 17.41% | 18.79% | 17.57% | 18.81% | 17.59% | 22.34% | 54.37% | 24.34% | 48.96% | 1.99% | 32.03% | 0.92% | 1.22% |
| Information Services | 15 | 34.08% | 6.53% | 13.51% | 11.89% | 9.73% | 12.45% | 10.19% | 12.47% | 10.21% | 17.28% | 34.94% | 19.35% | 65.92% | 2.08% | 17.67% | 1.62% | 2.10% |
| Insurance (General) | 21 | 44.70% | 12.37% | 23.07% | 21.31% | 18.59% | 21.46% | 18.72% | 21.46% | 18.72% | 23.57% | 33.19% | 23.75% | 55.30% | 0.19% | 9.63% | 1.75% | 1.44% |
| Insurance (Life) | 20 | 29.99% | 7.80% | 11.09% | 10.61% | 9.00% | 10.65% | 9.03% | 10.65% | 9.03% | 11.50% | 23.61% | 11.50% | 70.01% | 0.00% | 12.11% | 0.48% | 0.28% |
| Insurance (Prop/Cas.) | 57 | 30.19% | 11.13% | 15.67% | 15.25% | 12.45% | 15.30% | 12.49% | 15.30% | 12.49% | 14.73% | 24.99% | 14.73% | 69.81% | 0.00% | 10.26% | 0.41% | 0.31% |
| Investments & Asset Management | 283 | 69.77% | 18.36% | 30.59% | 25.50% | 24.60% | 25.18% | 24.29% | 25.26% | 24.37% | 11.65% | 39.46% | 12.12% | 30.23% | 0.47% | 27.81% | 5.08% | 1.03% |
| Machinery | 105 | 37.47% | 10.58% | 16.78% | 15.86% | 13.74% | 16.06% | 13.91% | 16.12% | 13.97% | 19.62% | 39.27% | 21.65% | 62.53% | 2.03% | 19.65% | 0.92% | 0.92% |
| Metals & Mining | 73 | 34.68% | 10.52% | 24.37% | 23.85% | 23.25% | 23.76% | 23.16% | 23.75% | 23.15% | 29.36% | 33.22% | 29.54% | 65.32% | 0.18% | 3.85% | 0.51% | 0.79% |
| Office Equipment & Services | 14 | 41.43% | 4.38% | 11.71% | 10.73% | 9.41% | 10.88% | 9.54% | 10.80% | 9.46% | 14.33% | 42.73% | 16.45% | 58.57% | 2.12% | 28.40% | 0.98% | 1.95% |
| Oil/Gas (Integrated) | 4 | 36.08% | 8.30% | 11.56% | 11.25% | 8.07% | 11.57% | 8.30% | 11.58% | 8.31% | 21.67% | 30.25% | 21.92% | 63.92% | 0.25% | 8.58% | 0.31% | 0.97% |
| Oil/Gas (Production and Exploration) | 142 | 57.19% | 14.63% | 26.32% | 25.42% | 23.72% | 25.82% | 24.10% | 25.75% | 24.03% | 43.21% | 48.39% | 43.43% | 42.81% | 0.22% | 5.18% | 0.90% | 2.85% |
| Oil/Gas Distribution | 23 | 43.37% | 13.35% | 26.56% | 25.78% | 23.42% | 26.06% | 23.67% | 26.05% | 23.67% | 32.74% | 39.62% | 32.75% | 56.63% | 0.01% | 6.88% | 0.78% | 1.23% |
| Oilfield Svcs/Equip. | 97 | 11.09% | 2.34% | 4.98% | 4.65% | 4.24% | 4.85% | 4.42% | 4.82% | 4.39% | 7.76% | 10.60% | 8.07% | 88.91% | 0.32% | 2.84% | 0.33% | 1.35% |
| Packaging & Container | 19 | 24.27% | 4.48% | 10.03% | 9.58% | 8.08% | 9.79% | 8.27% | 9.77% | 8.24% | 14.36% | 25.08% | 14.77% | 75.73% | 0.42% | 10.72% | 0.45% | 1.08% |
| Paper/Forest Products | 6 | 17.14% | 3.44% | 7.02% | 6.34% | 5.80% | 6.58% | 6.01% | 6.63% | 6.06% | 14.65% | 23.00% | 14.86% | 82.86% | 0.21% | 8.35% | 0.68% | 0.71% |
| Power | 46 | 43.57% | 12.73% | 21.90% | 21.47% | 18.73% | 21.36% | 18.63% | 21.37% | 18.64% | 35.33% | 37.64% | 35.45% | 56.43% | 0.12% | 2.31% | 0.43% | 1.32% |
| Precious Metals | 56 | 55.02% | 28.59% | 41.01% | 40.39% | 37.98% | 40.43% | 38.02% | 40.35% | 37.93% | 34.62% | 39.49% | 35.09% | 44.98% | 0.47% | 4.87% | 0.62% | 3.87% |
| Publishing & Newspapers | 19 | 50.44% | 8.19% | 11.01% | 9.98% | 8.96% | 9.84% | 8.83% | 9.92% | 8.92% | 13.18% | 47.13% | 14.69% | 49.56% | 1.51% | 33.95% | 1.02% | 1.55% |
| R.E.I.T. | 190 | 58.08% | 13.23% | 26.37% | 24.64% | 24.25% | 22.21% | 21.86% | 22.21% | 21.86% | 43.79% | 53.93% | 43.80% | 41.92% | 0.01% | 10.14% | 1.72% | 2.89% |
| Real Estate (Development) | 14 | 35.27% | 7.01% | 22.40% | 21.53% | 20.47% | 21.19% | 20.15% | 21.19% | 20.15% | 24.95% | 33.95% | 24.95% | 64.73% | 0.00% | 9.00% | 0.87% | 0.21% |
| Real Estate (General/Diversified) | 12 | 51.23% | 23.77% | 23.61% | 21.45% | 20.45% | 22.09% | 21.06% | 22.09% | 21.06% | 27.19% | 59.51% | 27.19% | 48.77% | 0.00% | 32.32% | 2.16% | 5.58% |
| Real Estate (Operations & Services) | 54 | 32.21% | 1.19% | 4.55% | 2.85% | 2.60% | 2.76% | 2.52% | 2.85% | 2.61% | 3.96% | 30.28% | 5.39% | 67.79% | 1.43% | 26.32% | 1.70% | 1.22% |
| Recreation | 49 | 39.79% | -4.72% | 11.37% | 9.69% | 8.58% | 8.06% | 7.13% | 8.06% | 7.14% | 16.64% | 40.46% | 19.49% | 60.21% | 2.85% | 23.83% | 1.67% | 3.10% |
| Reinsurance | 1 | 13.21% | 3.89% | 7.45% | 7.21% | 5.02% | 7.23% | 5.04% | 7.23% | 5.04% | 5.96% | 6.23% | 5.96% | 86.79% | 0.00% | 0.27% | 0.23% | 0.00% |
| Restaurant/Dining | 64 | 32.24% | 9.37% | 17.16% | 15.79% | 14.22% | 13.79% | 12.42% | 13.88% | 12.52% | 19.47% | 30.27% | 20.20% | 67.76% | 0.74% | 10.81% | 1.37% | 5.11% |
| Retail (Automotive) | 34 | 21.96% | 3.36% | 6.51% | 6.24% | 5.57% | 5.84% | 5.21% | 5.84% | 5.21% | 7.24% | 22.22% | 7.24% | 78.04% | 0.01% | 14.99% | 0.26% | 1.34% |
| Retail (Building Supply) | 14 | 34.22% | 7.84% | 12.40% | 11.94% | 10.53% | 11.82% | 10.42% | 11.81% | 10.41% | 14.21% | 34.68% | 14.36% | 65.78% | 0.14% | 20.46% | 0.46% | 1.64% |
| Retail (Distributors) | 62 | 30.57% | 6.05% | 10.56% | 10.10% | 8.62% | 10.32% | 8.81% | 10.32% | 8.82% | 11.37% | 30.10% | 11.40% | 69.43% | 0.02% | 18.73% | 0.46% | 1.60% |
| Retail (General) | 23 | 33.18% | 5.61% | 8.15% | 6.80% | 5.50% | 6.50% | 5.26% | 7.12% | 5.87% | 10.11% | 30.99% | 15.34% | 66.82% | 5.23% | 20.88% | 1.34% | 1.26% |
| Retail (Grocery and Food) | 15 | 26.31% | 1.32% | 2.55% | 2.29% | 2.01% | 1.85% | 1.62% | 1.73% | 1.50% | 5.40% | 27.09% | 5.64% | 73.69% | 0.23% | 21.69% | 0.26% | 0.95% |
| Retail (REITs) | 26 | 78.61% | 23.00% | 41.63% | 40.25% | 39.60% | 38.64% | 38.02% | 38.64% | 38.02% | 67.17% | 73.68% | 67.19% | 21.39% | 0.02% | 6.51% | 1.38% | 0.72% |
| Retail (Special Lines) | 94 | 35.30% | 5.19% | 8.41% | 7.73% | 6.95% | 8.08% | 7.26% | 8.08% | 7.26% | 9.85% | 36.73% | 9.94% | 64.70% | 0.08% | 26.88% | 0.69% | 5.51% |
| Rubber& Tires | 3 | 17.99% | -9.49% | 2.38% | 2.24% | 2.24% | 2.57% | 2.57% | 2.49% | 2.49% | 8.73% | 24.47% | 11.05% | 82.01% | 2.33% | 15.74% | 0.14% | 1.83% |
| Semiconductor | 66 | 58.97% | 30.45% | 40.37% | 35.33% | 33.52% | 35.31% | 33.51% | 36.47% | 34.66% | 36.77% | 42.94% | 52.13% | 41.03% | 15.36% | 6.17% | 5.04% | 0.40% |
| Semiconductor Equip | 31 | 46.32% | 21.32% | 28.34% | 26.17% | 23.56% | 26.29% | 23.67% | 26.86% | 24.24% | 29.06% | 37.96% | 39.78% | 53.68% | 10.72% | 8.90% | 2.17% | 0.61% |
| Shipbuilding & Marine | 8 | 27.08% | 9.48% | 13.29% | 12.60% | 11.94% | 13.52% | 12.81% | 13.52% | 12.81% | 20.41% | 29.56% | 20.41% | 72.92% | 0.00% | 9.15% | 0.69% | 3.28% |
| Shoe | 11 | 43.88% | 6.27% | 10.40% | 9.03% | 7.96% | 9.14% | 8.06% | 9.15% | 8.07% | 11.87% | 46.45% | 12.01% | 56.12% | 0.14% | 34.58% | 1.37% | 2.43% |
| Software (Entertainment) | 77 | 66.45% | 29.93% | 41.35% | 33.85% | 32.06% | 33.67% | 31.89% | 36.00% | 34.22% | 34.90% | 49.04% | 53.50% | 33.55% | 18.61% | 14.15% | 7.50% | 1.36% |
| Software (Internet) | 29 | 62.58% | -0.93% | 18.55% | 3.69% | 3.57% | 3.74% | 3.62% | 4.70% | 4.59% | 9.52% | 42.87% | 29.27% | 37.42% | 19.76% | 33.35% | 14.87% | 3.22% |
| Software (System & Application) | 309 | 71.72% | 25.49% | 40.81% | 32.98% | 31.17% | 33.21% | 31.38% | 34.45% | 32.62% | 35.93% | 60.32% | 51.91% | 28.28% | 15.98% | 24.38% | 7.83% | 1.68% |
| Steel | 19 | 12.25% | 1.93% | 4.50% | 4.10% | 3.72% | 4.11% | 3.73% | 4.11% | 3.73% | 10.58% | 17.77% | 10.58% | 87.75% | 0.00% | 7.19% | 0.40% | 0.55% |
| Telecom (Wireless) | 12 | 62.98% | 12.24% | 21.98% | 20.98% | 20.14% | 19.74% | 18.94% | 19.75% | 18.96% | 34.57% | 61.22% | 34.64% | 37.02% | 0.07% | 26.65% | 1.00% | 5.78% |
| Telecom. Equipment | 57 | 58.14% | 16.09% | 25.90% | 20.70% | 19.23% | 20.92% | 19.44% | 22.01% | 20.53% | 23.95% | 45.54% | 38.31% | 41.86% | 14.36% | 21.59% | 5.20% | 1.27% |
| Telecom. Services | 39 | 58.82% | 14.20% | 21.05% | 20.47% | 19.78% | 20.82% | 20.12% | 20.84% | 20.13% | 34.70% | 57.12% | 35.16% | 41.18% | 0.46% | 22.42% | 0.58% | 4.23% |
| Tobacco | 10 | 64.31% | 26.65% | 44.04% | 43.54% | 37.11% | 43.68% | 37.23% | 43.79% | 37.34% | 42.22% | 62.96% | 43.70% | 35.69% | 1.48% | 20.74% | 0.50% | 0.66% |
| Transportation | 19 | 24.10% | 8.23% | 8.45% | 7.57% | 6.92% | 7.64% | 6.99% | 7.71% | 7.05% | 9.83% | 14.86% | 11.07% | 75.90% | 1.25% | 5.03% | 0.88% | 4.00% |
| Transportation (Railroads) | 4 | 50.96% | 24.73% | 37.90% | 37.41% | 31.06% | 37.43% | 31.08% | 37.43% | 31.08% | 49.19% | 49.20% | 49.19% | 49.04% | 0.00% | 0.01% | 0.49% | 1.80% |
| Trucking | 26 | 21.19% | 3.79% | 7.31% | 6.89% | 6.02% | 7.31% | 6.39% | 7.30% | 6.38% | 15.58% | 21.80% | 15.72% | 78.81% | 0.14% | 6.22% | 0.42% | 1.70% |
| Utility (General) | 14 | 44.18% | 14.18% | 23.84% | 23.49% | 20.49% | 23.21% | 20.24% | 23.21% | 20.24% | 34.92% | 33.98% | 34.92% | 55.82% | 0.00% | -0.93% | 0.35% | 0.84% |
| Utility (Water) | 14 | 58.97% | 21.16% | 34.46% | 33.72% | 29.94% | 33.65% | 29.88% | 33.63% | 29.87% | 45.73% | 49.59% | 45.75% | 41.03% | 0.02% | 3.87% | 0.74% | 0.30% |
| Total Market | 5994 | 37.76% | 9.74% | 14.39% | 12.82% | 11.75% | 12.75% | 11.69% | 12.93% | 11.88% | 16.56% | 32.50% | 20.30% | 62.24% | 3.74% | 15.94% | 1.57% | 1.53% |
| Total Market (without financials) | 4822 | 34.39% | 8.56% | 14.65% | 13.14% | 12.20% | 13.06% | 12.13% | 13.26% | 12.33% | 17.42% | 31.39% | 21.55% | 65.61% | 4.14% | 13.97% | 1.51% | 1.51% |
Last Updated in January 2026
By Aswath Damodaran