Capital Expenditures by Sector (US)
Data Used: Multiple data services
Date of Analysis: Data used is as of January 2023
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/capex.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 | Capital Expenditures (US $ millions) | Depreciation & Amort ((US $ millions) | Cap Ex/Deprecn | Acquisitions (US $ millions) | Net R&D (US $ millions) | Net Cap Ex/Sales | Net Cap Ex/ EBIT (1-t) | Sales/ Invested Capital |
| Advertising | 58 | $1,441.58 | $1,762.49 | 81.79% | $1,040.66 | $9.43 | 1.78% | 21.25% | 3.51 |
| Aerospace/Defense | 77 | $10,435.57 | $13,590.49 | 76.79% | $4,530.69 | $872.77 | 0.63% | 9.05% | 1.87 |
| Air Transport | 21 | $17,571.78 | $10,084.76 | 174.24% | $132.68 | $104.03 | 4.03% | 355.17% | 1.60 |
| Apparel | 39 | $1,609.69 | $1,364.55 | 117.96% | $851.05 | $4.80 | 1.53% | 17.31% | 2.10 |
| Auto & Truck | 31 | $33,387.85 | $16,990.28 | 196.51% | $36.80 | $2,157.36 | 4.63% | 83.24% | 0.95 |
| Auto Parts | 37 | $3,128.29 | $1,786.80 | 175.08% | $1,411.70 | $424.01 | 3.67% | 93.95% | 1.97 |
| Bank (Money Center) | 7 | $4,975.00 | $0.00 | NA | $0.00 | $0.00 | 1.31% | 1650.58% | 0.32 |
| Banks (Regional) | 557 | $6,543.13 | -$0.01 | NA | -$16,225.48 | $0.00 | -4.35% | NA | 0.47 |
| Beverage (Alcoholic) | 23 | $2,198.74 | $776.93 | 283.00% | $163.94 | -$0.15 | 5.68% | 45.79% | 0.80 |
| Beverage (Soft) | 31 | $7,299.01 | $4,474.51 | 163.12% | $6,051.83 | $11.81 | 5.68% | 36.30% | 1.60 |
| Broadcasting | 26 | $1,846.99 | $3,113.21 | 59.33% | $3,155.06 | -$1.74 | 2.55% | 22.29% | 1.09 |
| Brokerage & Investment Banking | 30 | $9,136.18 | $4,261.90 | 214.37% | $1,264.43 | -$124.46 | 2.51% | 1055.84% | 0.26 |
| Building Materials | 45 | $3,431.18 | $2,894.60 | 118.54% | $5,916.23 | $77.71 | 4.68% | 43.55% | 2.96 |
| Business & Consumer Services | 164 | $6,376.30 | $9,869.61 | 64.61% | $15,871.00 | $452.30 | 5.72% | 81.21% | 2.80 |
| Cable TV | 10 | $24,645.50 | $27,346.10 | 90.12% | $1,594.36 | $21.00 | -0.49% | -3.76% | 0.80 |
| Chemical (Basic) | 38 | $7,654.63 | $3,043.37 | 251.52% | $3,956.60 | $6.21 | 5.26% | 50.53% | 2.14 |
| Chemical (Diversified) | 4 | $651.65 | $655.72 | 99.38% | $0.00 | $11.09 | 0.04% | 0.36% | 1.70 |
| Chemical (Specialty) | 76 | $13,713.36 | $10,326.50 | 132.80% | $9,847.79 | $1,146.28 | 6.22% | 54.93% | 1.30 |
| Coal & Related Energy | 19 | $818.97 | $865.97 | 94.57% | $192.28 | $19.74 | 1.34% | 6.42% | 1.91 |
| Computer Services | 80 | $3,724.54 | $10,082.50 | 36.94% | $5,489.11 | $200.26 | -0.22% | -3.78% | 4.36 |
| Computers/Peripherals | 42 | $19,512.80 | $15,824.68 | 123.31% | $4,103.06 | $3,854.39 | 1.82% | 10.19% | 2.12 |
| Construction Supplies | 49 | $9,168.46 | $5,741.75 | 159.68% | $6,465.15 | $471.68 | 6.04% | 70.56% | 1.42 |
| Diversified | 23 | $19,831.05 | $18,664.01 | 106.25% | $11,569.54 | $151.74 | 2.76% | 89.13% | 0.81 |
| Drugs (Biotechnology) | 598 | $7,334.55 | $18,073.87 | 40.58% | $5,763.61 | $4,933.35 | -0.02% | -0.31% | 0.46 |
| Drugs (Pharmaceutical) | 281 | $17,928.36 | $31,742.94 | 56.48% | $27,527.50 | -$2,931.35 | 2.73% | 11.47% | 0.75 |
| Education | 33 | $567.14 | $741.15 | 76.52% | $1,688.71 | $118.22 | 9.24% | 303.75% | 1.24 |
| Electrical Equipment | 110 | $5,039.93 | $3,237.99 | 155.65% | $12,041.56 | $502.62 | 15.00% | 203.89% | 1.78 |
| Electronics (Consumer & Office) | 16 | $99.65 | $143.91 | 69.25% | $188.24 | $31.17 | 2.41% | 128.15% | 2.23 |
| Electronics (General) | 138 | $6,193.44 | $3,149.08 | 196.67% | $15,058.51 | $466.51 | 13.58% | 175.22% | 1.83 |
| Engineering/Construction | 43 | $3,691.97 | $2,615.71 | 141.15% | $8,305.69 | $6.32 | 7.93% | 221.32% | 3.40 |
| Entertainment | 110 | $9,363.38 | $14,412.23 | 64.97% | $2,968.00 | $1,025.08 | -0.50% | -8.93% | 1.46 |
| Environmental & Waste Services | 62 | $5,040.99 | $4,562.04 | 110.50% | $5,654.26 | -$0.14 | 9.63% | 96.72% | 2.33 |
| Farming/Agriculture | 39 | $7,371.65 | $3,293.57 | 223.82% | $4,056.74 | $324.06 | 3.34% | 54.13% | 2.05 |
| Financial Svcs. (Non-bank & Insurance) | 223 | $9,179.09 | -$2,735.15 | NA | $190.48 | $1,073.34 | 3.64% | 28.48% | 0.05 |
| Food Processing | 92 | $10,258.80 | $6,684.37 | 153.47% | $6,664.20 | $49.26 | 3.71% | 38.75% | 1.69 |
| Food Wholesalers | 14 | $1,778.40 | $806.80 | 220.42% | $965.41 | $0.00 | 0.90% | 55.60% | 8.41 |
| Furn/Home Furnishings | 32 | $2,196.33 | $1,031.48 | 212.93% | $991.31 | $39.96 | 3.80% | 84.39% | 2.19 |
| Green & Renewable Energy | 19 | $2,988.21 | $1,969.57 | 151.72% | $733.80 | -$2.55 | 26.91% | 121.60% | 0.21 |
| Healthcare Products | 254 | $9,881.98 | $11,528.50 | 85.72% | $25,664.48 | $1,601.01 | 12.59% | 99.88% | 1.03 |
| Healthcare Support Services | 131 | $14,972.76 | $16,637.58 | 89.99% | $17,824.92 | $234.56 | 0.80% | 26.05% | 9.03 |
| Heathcare Information and Technology | 138 | $7,933.70 | $10,652.70 | 74.48% | $25,617.93 | $948.40 | 14.77% | 106.13% | 1.13 |
| Homebuilding | 32 | $910.45 | $819.40 | 111.11% | $2,339.94 | $0.00 | 1.36% | 9.42% | 1.82 |
| Hospitals/Healthcare Facilities | 34 | $7,956.49 | $6,190.25 | 128.53% | $3,024.73 | -$0.73 | 3.63% | 41.52% | 1.95 |
| Hotel/Gaming | 69 | $11,795.18 | $15,310.02 | 77.04% | $10,563.89 | -$407.13 | 4.55% | 222.00% | 0.65 |
| Household Products | 127 | $7,511.08 | $6,678.61 | 112.46% | $3,490.28 | $13.90 | 2.15% | 15.79% | 2.19 |
| Information Services | 73 | $6,681.96 | $14,669.80 | 45.55% | $12,531.05 | $1,170.94 | 2.54% | 13.34% | 1.51 |
| Insurance (General) | 21 | $1,214.69 | $6,954.95 | 17.47% | $7,005.40 | $5.04 | 0.96% | 5.53% | 0.98 |
| Insurance (Life) | 27 | $386.70 | -$362.02 | NA | -$165.73 | $0.00 | 0.23% | 3.32% | 0.65 |
| Insurance (Prop/Cas.) | 51 | $2,505.85 | $4,145.30 | 60.45% | $3,178.76 | $0.00 | 0.58% | 11.42% | 1.22 |
| Investments & Asset Management | 600 | $4,028.35 | $2,810.60 | 143.33% | $9,285.54 | $63.17 | 7.45% | 52.28% | 0.52 |
| Machinery | 116 | $4,477.66 | $5,881.43 | 76.13% | $20,535.51 | $263.77 | 10.79% | 97.07% | 2.16 |
| Metals & Mining | 68 | $5,642.28 | $4,500.42 | 125.37% | $401.58 | $10.29 | 2.34% | 16.60% | 1.58 |
| Office Equipment & Services | 16 | $480.15 | $632.02 | 75.97% | $1,282.11 | $17.45 | 5.74% | 122.72% | 2.38 |
| Oil/Gas (Integrated) | 4 | $31,404.90 | $42,992.60 | 73.05% | $3,650.00 | -$136.00 | -1.24% | -9.16% | 1.50 |
| Oil/Gas (Production and Exploration) | 174 | $63,029.36 | $40,990.52 | 153.77% | $14,016.29 | -$1.53 | 10.79% | 38.36% | 1.17 |
| Oil/Gas Distribution | 23 | $10,332.22 | $9,008.64 | 114.69% | $4,896.33 | $3.66 | 4.82% | 53.72% | 0.71 |
| Oilfield Svcs/Equip. | 101 | $15,048.62 | $16,593.82 | 90.69% | $3,808.00 | $9.71 | 0.29% | 4.86% | 4.10 |
| Packaging & Container | 25 | $9,003.06 | $5,673.27 | 158.69% | $3,606.80 | -$1.55 | 4.43% | 57.82% | 1.95 |
| Paper/Forest Products | 7 | $594.21 | $445.05 | 133.51% | $291.10 | $1.00 | 3.59% | 26.23% | 2.64 |
| Power | 48 | $111,842.71 | $48,006.75 | 232.97% | $6,518.97 | $53.20 | 18.40% | 132.56% | 0.44 |
| Precious Metals | 74 | $3,997.11 | $3,109.90 | 128.53% | $107.83 | $67.84 | 6.30% | 108.26% | 0.52 |
| Publishing & Newspapers | 20 | $954.37 | $1,401.95 | 68.07% | $2,109.98 | $27.18 | 6.11% | 92.43% | 2.15 |
| R.E.I.T. | 223 | $6,165.52 | $46,891.92 | 13.15% | $26,707.94 | $3.42 | -6.96% | -31.34% | 0.15 |
| Real Estate (Development) | 18 | $59.68 | $212.39 | 28.10% | $0.94 | $0.00 | -4.24% | -32.23% | 0.38 |
| Real Estate (General/Diversified) | 12 | $20.69 | $53.88 | 38.41% | $32.80 | $0.00 | -0.03% | -0.22% | 0.39 |
| Real Estate (Operations & Services) | 60 | $1,305.62 | $3,122.05 | 41.82% | $1,473.59 | $236.48 | -0.10% | NA | 1.57 |
| Recreation | 57 | $3,799.89 | $2,444.25 | 155.46% | $3,610.02 | $125.74 | 8.46% | 143.45% | 1.59 |
| Reinsurance | 1 | $23.00 | $81.30 | 28.29% | $0.00 | $0.00 | -0.36% | -8.27% | 1.21 |
| Restaurant/Dining | 70 | $8,095.73 | $5,241.77 | 154.45% | $3,198.72 | $0.00 | 4.12% | 41.44% | 1.57 |
| Retail (Automotive) | 30 | $4,818.78 | $2,705.28 | 178.12% | $11,773.00 | $7.40 | 5.13% | 122.06% | 3.23 |
| Retail (Building Supply) | 15 | $6,404.83 | $4,900.29 | 130.70% | $292.92 | $4.08 | 0.63% | 6.11% | 4.20 |
| Retail (Distributors) | 69 | $12,008.05 | $2,162.37 | 555.32% | $5,865.84 | $28.00 | 7.95% | 85.94% | 2.07 |
| Retail (General) | 15 | $31,479.29 | $19,322.90 | 162.91% | $1,822.20 | $0.00 | 1.26% | 41.62% | 5.51 |
| Retail (Grocery and Food) | 13 | $5,634.72 | $5,306.90 | 106.18% | $280.10 | -$0.36 | 0.23% | 10.30% | 5.23 |
| Retail (Online) | 63 | $67,716.67 | $40,241.84 | 168.27% | $8,536.14 | $11,753.06 | 8.25% | 450.96% | 1.34 |
| Retail (Special Lines) | 78 | $11,540.35 | $7,939.36 | 145.36% | $3,655.46 | $19.05 | 1.60% | 36.40% | 3.22 |
| Rubber& Tires | 3 | $1,086.63 | $953.14 | 114.01% | $0.00 | $42.40 | 0.86% | 14.67% | 1.59 |
| Semiconductor | 68 | $53,900.06 | $37,648.83 | 143.17% | $6,594.53 | $7,322.09 | 9.42% | 41.38% | 0.72 |
| Semiconductor Equip | 30 | $3,670.00 | $2,352.82 | 155.98% | $10,462.07 | $672.12 | 15.24% | 64.37% | 1.51 |
| Shipbuilding & Marine | 8 | $497.93 | $488.95 | 101.84% | $5.55 | $0.00 | 0.15% | 0.68% | 1.17 |
| Shoe | 13 | $582.66 | $1,097.90 | 53.07% | $2,051.94 | $6.90 | 2.24% | 20.38% | 2.91 |
| Software (Entertainment) | 91 | $58,932.86 | $25,570.16 | 230.48% | $13,587.24 | $14,569.48 | 14.04% | 65.27% | 0.78 |
| Software (Internet) | 33 | $1,759.20 | $2,176.57 | 80.82% | $2,378.86 | $1,034.65 | 11.03% | NA | 0.67 |
| Software (System & Application) | 390 | $39,873.18 | $29,915.26 | 133.29% | $82,920.88 | $11,072.46 | 21.31% | 122.89% | 0.96 |
| Steel | 28 | $7,058.12 | $4,282.37 | 164.82% | $6,156.18 | $1.74 | 5.13% | 32.42% | 2.87 |
| Telecom (Wireless) | 16 | $15,669.23 | $16,040.39 | 97.69% | $1,406.80 | -$86.04 | 1.04% | 8.47% | 0.52 |
| Telecom. Equipment | 79 | $2,604.70 | $2,099.90 | 124.04% | $2,739.80 | $477.25 | 3.52% | 23.14% | 1.42 |
| Telecom. Services | 49 | $49,147.36 | $45,946.93 | 106.97% | $15,268.04 | $197.25 | 5.76% | 37.14% | 0.66 |
| Tobacco | 15 | $1,328.91 | $512.18 | 259.46% | $351.03 | $55.44 | 2.11% | 6.53% | 1.78 |
| Transportation | 18 | $12,569.91 | $8,261.71 | 152.15% | $1,903.34 | $2.58 | 2.34% | 32.05% | 3.09 |
| Transportation (Railroads) | 4 | $7,631.60 | $4,977.60 | 153.32% | $224.51 | $0.00 | 5.58% | 18.02% | 0.51 |
| Trucking | 35 | $19,490.20 | $7,437.75 | 262.04% | $4,934.20 | $517.40 | 11.04% | 175.45% | 1.66 |
| Utility (General) | 15 | $42,509.60 | $17,044.70 | 249.40% | $353.00 | -$15.60 | 19.97% | 131.20% | 0.37 |
| Utility (Water) | 16 | $4,155.88 | $1,273.87 | 326.24% | $482.33 | -$0.53 | 40.92% | 164.81% | 0.26 |
| Total Market | 7165 | $1,112,260.78 | $877,229.86 | 126.79% | $560,872.15 | $67,496.74 | 4.18% | 45.14% | 0.83 |
| Total Market (without financials) | 5649 | $1,074,291.79 | $862,154.28 | 124.61% | $556,338.74 | $66,479.65 | 4.48% | 46.61% | 1.36 |