Debt
Fundamentals by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2024
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 | 57 | 65.76% | 25.00% | 33.33% | 25.24% | 33.76% | 2.94 | 4.06 | 5.44% | 34.34% | 56.41% | 7.43% | 10.42% | 1.09% |
| Aerospace/Defense | 70 | 55.98% | 20.03% | 25.05% | 20.29% | 25.46% | 3.74 | 4.27 | 7.28% | 48.58% | 36.40% | 5.09% | 12.59% | 1.80% |
| Air Transport | 25 | 78.37% | 61.83% | 162.00% | 61.85% | 162.15% | 2.64 | 7.74 | 8.62% | 41.26% | 44.65% | 15.20% | 57.41% | 8.13% |
| Apparel | 38 | 55.61% | 32.87% | 48.97% | 32.78% | 48.76% | 6.39 | 3.38 | 10.19% | 48.99% | 37.04% | 12.41% | 21.40% | 2.45% |
| Auto & Truck | 34 | 58.69% | 23.60% | 30.89% | 23.68% | 31.02% | 8.14 | 7.10 | 3.12% | 25.43% | 59.70% | 3.69% | 20.64% | 4.30% |
| Auto Parts | 39 | 43.52% | 27.83% | 38.57% | 27.77% | 38.44% | 4.47 | 2.72 | 14.62% | 66.15% | 37.07% | 11.86% | 25.16% | 4.52% |
| Bank (Money Center) | 15 | 69.38% | 68.35% | 215.92% | 68.37% | 216.16% | #DIV/0! | #DIV/0! | 17.69% | 63.03% | 22.51% | 0.26% | 1.00% | 0.07% |
| Banks (Regional) | 625 | 50.65% | 50.18% | 100.73% | 50.48% | 101.95% | 7.00 | #DIV/0! | 17.69% | 35.52% | 18.68% | 0.31% | 1.02% | 0.10% |
| Beverage (Alcoholic) | 19 | 42.60% | 19.32% | 23.94% | 19.66% | 24.46% | 7.25 | 3.36 | 10.42% | 31.21% | 49.70% | 6.66% | 22.88% | 3.46% |
| Beverage (Soft) | 29 | 55.11% | 14.19% | 16.54% | 14.62% | 17.12% | 12.57 | 3.08 | 6.68% | 41.26% | 42.96% | 5.52% | 15.00% | 2.95% |
| Broadcasting | 22 | 58.32% | 63.59% | 174.65% | 63.82% | 176.40% | 2.31 | 4.42 | 7.85% | 43.36% | 38.46% | 13.67% | 9.85% | 1.33% |
| Brokerage & Investment Banking | 27 | 78.85% | 69.24% | 225.06% | 69.33% | 226.06% | 10.36 | 753.48 | 16.84% | 66.54% | 25.21% | 0.33% | 1.13% | 0.22% |
| Building Materials | 44 | 46.09% | 15.29% | 18.05% | 15.36% | 18.15% | 9.00 | 1.90 | 19.94% | 73.32% | 28.72% | 8.23% | 19.19% | 3.33% |
| Business & Consumer Services | 162 | 50.00% | 15.30% | 18.06% | 15.21% | 17.94% | 5.20 | 2.84 | 10.84% | 54.40% | 41.29% | 6.03% | 11.95% | 2.14% |
| Cable TV | 10 | 67.07% | 49.68% | 98.74% | 50.43% | 101.72% | 3.57 | 4.08 | 23.72% | 60.14% | 33.01% | 12.82% | 21.91% | 5.59% |
| Chemical (Basic) | 32 | 47.28% | 31.22% | 45.39% | 31.35% | 45.68% | 4.70 | 2.05 | 8.93% | 46.22% | 38.92% | 11.98% | 40.39% | 4.75% |
| Chemical (Diversified) | 4 | 57.99% | 41.14% | 69.90% | 41.01% | 69.53% | 0.68 | 2.69 | 14.89% | 56.66% | 37.24% | 6.48% | 41.55% | 3.55% |
| Chemical (Specialty) | 68 | 41.63% | 21.07% | 26.69% | 21.15% | 26.82% | 5.49 | 2.76 | 10.40% | 61.39% | 36.60% | 7.46% | 26.74% | 4.69% |
| Coal & Related Energy | 18 | 28.77% | 18.41% | 22.57% | 18.40% | 22.54% | 7.06 | 1.16 | 2.62% | 33.40% | 55.69% | 21.83% | 53.93% | 6.50% |
| Computer Services | 72 | 55.86% | 22.44% | 28.92% | 22.57% | 29.14% | 6.32 | 3.34 | 7.78% | 49.66% | 49.61% | 7.87% | 7.50% | 1.29% |
| Computers/Peripherals | 36 | 65.44% | 5.76% | 6.11% | 5.74% | 6.09% | 17.56 | 1.31 | 8.67% | 47.98% | 38.90% | 4.51% | 12.68% | 3.11% |
| Construction Supplies | 45 | 48.94% | 19.65% | 24.46% | 19.81% | 24.70% | 12.70 | 3.15 | 14.91% | 59.82% | 37.83% | 8.77% | 17.27% | 3.85% |
| Diversified | 23 | 25.95% | 15.76% | 18.71% | 16.07% | 19.15% | 12.80 | 28.32 | 5.25% | 45.51% | 52.25% | 11.17% | 18.52% | 1.76% |
| Drugs (Biotechnology) | 572 | 49.82% | 13.93% | 16.18% | 14.08% | 16.39% | 0.25 | 4.78 | 0.81% | 33.33% | 61.98% | 1.91% | 8.62% | 1.32% |
| Drugs (Pharmaceutical) | 245 | 44.92% | 13.57% | 15.70% | 13.83% | 16.05% | 7.46 | 1.86 | 2.89% | 28.43% | 65.30% | 5.60% | 12.39% | 2.41% |
| Education | 31 | 34.14% | 16.03% | 19.09% | 16.38% | 19.59% | 3.71 | 4.09 | 11.15% | 53.67% | 43.78% | 5.50% | 19.06% | 1.99% |
| Electrical Equipment | 103 | 38.39% | 17.57% | 21.31% | 17.62% | 21.39% | 3.36 | 4.09 | 5.66% | 41.00% | 54.42% | 4.89% | 16.73% | 3.33% |
| Electronics (Consumer & Office) | 13 | 25.71% | 15.39% | 18.18% | 15.49% | 18.32% | -0.07 | 4.17 | 7.31% | 32.26% | 39.42% | 3.57% | 7.58% | 1.82% |
| Electronics (General) | 129 | 35.88% | 14.58% | 17.06% | 14.67% | 17.20% | 6.64 | 2.28 | 8.17% | 44.57% | 42.94% | 6.75% | 18.26% | 3.11% |
| Engineering/Construction | 43 | 46.86% | 20.92% | 26.46% | 20.76% | 26.20% | 3.46 | 3.95 | 14.27% | 64.23% | 33.68% | 7.07% | 20.30% | 3.64% |
| Entertainment | 98 | 42.12% | 21.91% | 28.06% | 22.33% | 28.75% | 2.24 | 5.29 | 3.25% | 35.11% | 61.19% | 5.47% | 14.15% | 1.99% |
| Environmental & Waste Services | 57 | 57.61% | 17.87% | 21.76% | 18.00% | 21.95% | 5.58 | 3.05 | 5.42% | 36.46% | 46.07% | 6.52% | 34.64% | 5.43% |
| Farming/Agriculture | 42 | 55.28% | 31.15% | 45.23% | 31.18% | 45.30% | 6.37 | 3.20 | 6.68% | 36.89% | 54.14% | 10.88% | 15.29% | 3.94% |
| Financial Svcs. (Non-bank & Insurance | 172 | 92.39% | 77.96% | 353.81% | 77.98% | 354.06% | 7.15 | 77.10 | 11.07% | 51.03% | 38.66% | 1.02% | 0.41% | 0.12% |
| Food Processing | 82 | 43.32% | 24.96% | 33.27% | 25.21% | 33.70% | 6.20 | 3.59 | 8.29% | 43.79% | 36.51% | 7.87% | 17.38% | 2.89% |
| Food Wholesalers | 14 | 64.40% | 30.60% | 44.09% | 30.86% | 44.63% | 3.61 | 4.12 | 15.90% | 66.10% | 27.30% | 8.88% | 24.71% | 3.19% |
| Furn/Home Furnishings | 31 | 51.82% | 32.32% | 47.75% | 32.23% | 47.55% | 4.47 | 3.40 | 13.94% | 52.42% | 46.65% | 9.82% | 24.58% | 3.39% |
| Green & Renewable Energy | 17 | 54.71% | 58.57% | 141.36% | 58.58% | 141.41% | 0.89 | 8.41 | 4.39% | 46.39% | 57.34% | 7.74% | 77.49% | 4.24% |
| Healthcare Products | 230 | 36.67% | 11.12% | 12.51% | 11.24% | 12.66% | 6.22 | 2.87 | 4.81% | 41.30% | 52.21% | 4.13% | 12.64% | 2.40% |
| Healthcare Support Services | 119 | 46.50% | 20.66% | 26.04% | 21.18% | 26.86% | 6.91 | 3.06 | 8.08% | 48.73% | 49.53% | 8.44% | 6.91% | 1.25% |
| Heathcare Information and Technology | 128 | 39.26% | 13.65% | 15.81% | 13.85% | 16.07% | 5.44 | 3.23 | 3.11% | 47.02% | 54.15% | 4.16% | 8.69% | 1.96% |
| Homebuilding | 32 | 24.72% | 14.09% | 16.39% | 14.10% | 16.42% | 124.26 | 1.15 | 17.22% | 72.87% | 32.31% | 12.81% | 2.00% | 0.51% |
| Hospitals/Healthcare Facilities | 32 | 80.01% | 43.88% | 78.20% | 44.37% | 79.74% | 3.30 | 4.58 | 6.86% | 52.00% | 46.33% | 11.20% | 44.02% | 5.74% |
| Hotel/Gaming | 68 | 83.66% | 31.65% | 46.31% | 32.74% | 48.67% | 2.27 | 8.27 | 8.63% | 56.19% | 40.80% | 6.39% | 44.14% | 2.94% |
| Household Products | 93 | 54.44% | 14.02% | 16.30% | 14.20% | 16.56% | 9.79 | 2.45 | 8.21% | 39.43% | 51.12% | 6.20% | 18.24% | 2.75% |
| Information Services | 18 | 59.04% | 26.21% | 35.53% | 26.29% | 35.67% | 3.13 | 3.81 | 15.79% | 62.07% | 33.83% | 8.23% | 7.08% | 1.39% |
| Insurance (General) | 21 | 42.15% | 20.33% | 25.52% | 20.59% | 25.93% | 5.84 | 1.94 | 13.69% | 56.41% | 40.38% | 8.52% | 0.74% | 0.14% |
| Insurance (Life) | 23 | 59.62% | 47.72% | 91.30% | 47.98% | 92.25% | 0.05 | 10.44 | 10.18% | 51.89% | 30.85% | 1.88% | 0.08% | 0.01% |
| Insurance (Prop/Cas.) | 50 | 30.16% | 15.81% | 18.78% | 16.24% | 19.38% | 7.39 | 3.66 | 12.42% | 56.08% | 27.40% | 6.81% | 1.97% | 0.28% |
| Investments & Asset Management | 334 | 44.42% | 28.51% | 39.88% | 28.74% | 40.34% | 5.07 | 9.90 | 11.33% | 39.71% | 15.15% | 2.68% | 1.11% | 0.25% |
| Machinery | 103 | 41.92% | 14.25% | 16.61% | 14.43% | 16.86% | 7.16 | 2.62 | 11.73% | 63.44% | 33.44% | 6.28% | 10.98% | 1.71% |
| Metals & Mining | 68 | 33.29% | 13.41% | 15.49% | 13.66% | 15.82% | 8.76 | 1.32 | 2.00% | 21.98% | 60.56% | 9.45% | 60.61% | 7.47% |
| Office Equipment & Services | 17 | 57.27% | 34.58% | 52.85% | 34.46% | 52.57% | 3.60 | 4.24 | 17.12% | 54.98% | 30.28% | 10.68% | 19.14% | 2.09% |
| Oil/Gas (Integrated) | 4 | 16.98% | 10.12% | 11.26% | 11.11% | 12.50% | 40.77 | 0.54 | 21.18% | 50.49% | 26.44% | 16.03% | 59.16% | 6.08% |
| Oil/Gas (Production and Exploration) | 166 | 30.84% | 18.67% | 22.95% | 18.88% | 23.28% | 14.43 | 0.84 | 5.61% | 44.77% | 46.31% | 21.25% | 80.66% | 14.10% |
| Oil/Gas Distribution | 24 | 61.89% | 41.21% | 70.10% | 41.25% | 70.22% | 5.24 | 5.16 | 9.25% | 54.66% | 32.55% | 13.54% | 67.03% | 5.87% |
| Oilfield Svcs/Equip. | 100 | 38.22% | 23.77% | 31.18% | 24.32% | 32.14% | 10.46 | 1.46 | 10.88% | 56.58% | 43.73% | 18.30% | 36.46% | 3.82% |
| Packaging & Container | 22 | 61.03% | 37.82% | 60.83% | 37.99% | 61.26% | 3.76 | 3.52 | 18.12% | 67.84% | 26.24% | 11.58% | 36.23% | 4.95% |
| Paper/Forest Products | 7 | 47.34% | 27.08% | 37.14% | 27.20% | 37.37% | 5.87 | 1.25 | 12.91% | 78.57% | 43.04% | 14.09% | 53.94% | 8.85% |
| Power | 50 | 61.26% | 48.03% | 92.40% | 48.17% | 92.92% | 2.30 | 6.53 | 13.69% | 70.35% | 20.39% | 8.33% | 68.75% | 8.07% |
| Precious Metals | 61 | 23.42% | 13.06% | 15.02% | 13.20% | 15.21% | 3.63 | 1.73 | 1.98% | 21.36% | 63.61% | 7.10% | 62.72% | 7.94% |
| Publishing & Newspapers | 21 | 39.32% | 23.98% | 31.54% | 24.51% | 32.48% | 4.21 | 3.10 | 10.01% | 55.18% | 38.20% | 9.37% | 18.52% | 2.87% |
| R.E.I.T. | 193 | 61.14% | 43.87% | 78.16% | 44.15% | 79.04% | 2.13 | 11.47 | 1.95% | 66.31% | 23.72% | 4.29% | 52.10% | 0.33% |
| Real Estate (Development) | 17 | 55.32% | 47.82% | 91.63% | 48.48% | 94.10% | 2.35 | 8.28 | 1.45% | 22.01% | 34.24% | 4.89% | 57.26% | 0.54% |
| Real Estate (General/Diversified) | 11 | 28.61% | 24.32% | 32.13% | 24.17% | 31.88% | 6.46 | 6.68 | 13.21% | 44.80% | 35.91% | 5.43% | 11.22% | 0.54% |
| Real Estate (Operations & Services) | 60 | 57.52% | 32.04% | 47.15% | 30.83% | 44.57% | -0.13 | 10.12 | 4.29% | 34.15% | 44.19% | 4.52% | 24.19% | 1.14% |
| Recreation | 55 | 66.18% | 36.12% | 56.55% | 36.94% | 58.57% | 2.87 | 4.70 | 8.26% | 43.26% | 44.30% | 8.96% | 34.49% | 5.39% |
| Reinsurance | 1 | 35.31% | 29.45% | 41.74% | 29.84% | 42.54% | 7.34 | 4.34 | 22.95% | 96.81% | 17.09% | 13.73% | 0.00% | 0.03% |
| Restaurant/Dining | 64 | 102.09% | 20.23% | 25.37% | 20.46% | 25.73% | 6.35 | 4.78 | 11.41% | 54.01% | 35.37% | 5.61% | 53.78% | 5.26% |
| Retail (Automotive) | 30 | 79.83% | 36.21% | 56.77% | 36.51% | 57.51% | 4.82 | 5.22 | 13.50% | 62.77% | 46.79% | 7.99% | 34.89% | 3.01% |
| Retail (Building Supply) | 16 | 112.03% | 16.71% | 20.06% | 16.61% | 19.92% | 9.59 | 2.34 | 12.59% | 63.76% | 45.21% | 7.26% | 46.35% | 4.81% |
| Retail (Distributors) | 62 | 56.67% | 24.50% | 32.45% | 24.41% | 32.29% | 6.35 | 3.50 | 15.76% | 60.69% | 37.74% | 7.95% | 11.30% | 6.08% |
| Retail (General) | 26 | 49.76% | 12.03% | 13.68% | 11.84% | 13.42% | 9.14 | 2.69 | 14.58% | 65.13% | 38.28% | 6.00% | 50.80% | 8.78% |
| Retail (Grocery and Food) | 14 | 61.39% | 35.39% | 54.76% | 35.83% | 55.84% | 6.01 | 2.94 | 16.88% | 57.41% | 25.65% | 13.18% | 58.69% | 7.14% |
| Retail (REITs) | 28 | 53.00% | 36.82% | 58.27% | 37.04% | 58.84% | 2.17 | 6.95 | 2.53% | 78.88% | 20.72% | 5.74% | 81.91% | 0.57% |
| Retail (Special Lines) | 105 | 63.61% | 26.78% | 36.58% | 26.55% | 36.15% | 7.59 | 4.08 | 9.53% | 51.12% | 44.01% | 10.49% | 40.40% | 4.05% |
| Rubber& Tires | 3 | 64.98% | 70.15% | 235.04% | 70.17% | 235.28% | 0.72 | 5.24 | 0.00% | 54.96% | 40.77% | 12.52% | 40.79% | 4.89% |
| Semiconductor | 63 | 30.77% | 5.68% | 6.02% | 5.70% | 6.05% | 10.65 | 1.93 | 4.89% | 59.84% | 41.47% | 3.12% | 26.93% | 7.14% |
| Semiconductor Equip | 30 | 38.56% | 7.19% | 7.75% | 7.22% | 7.78% | 12.62 | 1.30 | 12.14% | 68.13% | 37.04% | 5.49% | 14.27% | 3.73% |
| Shipbuilding & Marine | 8 | 28.20% | 22.35% | 28.79% | 22.94% | 29.77% | 7.18 | 1.23 | 6.74% | 47.92% | 45.07% | 11.78% | 67.08% | 5.90% |
| Shoe | 13 | 43.84% | 8.22% | 8.96% | 8.01% | 8.71% | 16.79 | 1.84 | 11.31% | 64.83% | 36.28% | 5.23% | 22.08% | 1.10% |
| Software (Entertainment) | 84 | 16.69% | 3.11% | 3.21% | 3.06% | 3.15% | 82.70 | 0.65 | 5.11% | 38.02% | 52.79% | 5.62% | 36.64% | 8.63% |
| Software (Internet) | 35 | 51.88% | 10.70% | 11.98% | 10.70% | 11.98% | -1.24 | 74.56 | 2.61% | 50.38% | 65.22% | 0.82% | 13.94% | 2.49% |
| Software (System & Application) | 351 | 40.38% | 5.79% | 6.14% | 5.84% | 6.20% | 12.09 | 2.26 | 4.19% | 42.66% | 52.09% | 3.13% | 15.34% | 3.98% |
| Steel | 29 | 25.93% | 16.56% | 19.85% | 16.79% | 20.18% | 16.54 | 0.76 | 15.72% | 65.12% | 38.10% | 16.80% | 39.35% | 7.23% |
| Telecom (Wireless) | 13 | 61.92% | 39.10% | 64.21% | 39.08% | 64.16% | 3.90 | 4.29 | 9.56% | 27.58% | 60.31% | 11.10% | 34.73% | 5.76% |
| Telecom. Equipment | 66 | 37.06% | 10.27% | 11.44% | 10.25% | 11.41% | 10.93 | 1.71 | 6.20% | 48.02% | 46.62% | 6.81% | 9.00% | 1.66% |
| Telecom. Services | 42 | 61.85% | 55.53% | 124.85% | 55.54% | 124.91% | 4.30 | 3.68 | 6.62% | 40.53% | 50.42% | 16.11% | 37.66% | 5.48% |
| Tobacco | 16 | 115.05% | 25.72% | 34.63% | 25.87% | 34.90% | 8.91 | 2.89 | 9.95% | 31.31% | 48.00% | 9.17% | 8.70% | 1.57% |
| Transportation | 36 | 64.68% | 25.38% | 34.02% | 25.14% | 33.58% | 5.84 | 3.43 | 6.53% | 45.04% | 53.12% | 8.01% | 41.47% | 8.91% |
| Transportation (Railroads) | 4 | 64.69% | 20.95% | 26.51% | 21.14% | 26.81% | 6.14 | 2.84 | 17.28% | 76.02% | 22.28% | 6.98% | 84.17% | 5.34% |
| Trucking | 22 | 42.19% | 16.92% | 20.36% | 16.63% | 19.95% | 6.31 | 1.71 | 20.21% | 60.65% | 28.33% | 9.26% | 41.66% | 14.44% |
| Utility (General) | 14 | 58.15% | 45.76% | 84.35% | 45.90% | 84.84% | 3.05 | 6.04 | 14.05% | 83.74% | 14.93% | 8.55% | 68.89% | 8.40% |
| Utility (Water) | 13 | 53.92% | 33.69% | 50.81% | 33.73% | 50.89% | 2.93 | 6.24 | 11.09% | 57.68% | 28.20% | 5.88% | 79.25% | 8.02% |
| Grand Total | 6481 | 63.56% | 31.58% | 46.16% | 31.70% | 46.42% | 6.40 | 6.94 | 8.35% | 45.88% | 42.03% | 5.28% | 13.63% | 1.81% |
| Total Market (without financials) | 5214 | 50.01% | 18.28% | 22.37% | 18.43% | 22.60% | 6.43 | 3.16 | 6.80% | 47.02% | 47.00% | 6.60% | 32.64% | 4.34% |