Debt
Fundamentals by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2022
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) | Effective tax rate | Institutional Holdings | Std dev in Stock Prices | EBITDA/EV | Net PP&E/Total Assets | Capital Spending/Total Assets |
| Advertising | 49 | 67.39% | 33.52% | 50.41% | 33.98% | 51.47% | 5.76% | 33.11% | 56.70% | 9.10% | 10.37% | 0.80% |
| Aerospace/Defense | 73 | 57.03% | 22.38% | 28.83% | 22.75% | 29.45% | 6.83% | 50.99% | 38.23% | 5.37% | 12.09% | 1.54% |
| Air Transport | 21 | 84.92% | 60.25% | 151.60% | 60.53% | 153.33% | 5.32% | 49.72% | 40.19% | -4.08% | 51.25% | 2.38% |
| Apparel | 39 | 53.72% | 23.27% | 30.32% | 24.01% | 31.60% | 12.06% | 50.29% | 43.49% | 10.41% | 19.97% | 1.57% |
| Auto & Truck | 26 | 66.27% | 16.58% | 19.88% | 16.57% | 19.86% | 3.88% | 36.44% | 54.78% | 2.06% | 19.34% | 7.46% |
| Auto Parts | 38 | 48.06% | 23.90% | 31.41% | 24.06% | 31.68% | 13.62% | 60.12% | 37.14% | 10.47% | 25.84% | 3.72% |
| Bank (Money Center) | 7 | 67.41% | 62.99% | 170.21% | 63.02% | 170.39% | 14.69% | 59.18% | 22.23% | 0.35% | 0.69% | 0.03% |
| Banks (Regional) | 563 | 31.86% | 25.16% | 33.61% | 25.69% | 34.57% | 19.29% | 36.57% | 19.68% | 0.43% | 1.22% | 0.09% |
| Beverage (Alcoholic) | 21 | 40.72% | 17.17% | 20.73% | 17.64% | 21.42% | 7.93% | 36.62% | 37.87% | 5.95% | 18.76% | 2.72% |
| Beverage (Soft) | 32 | 57.53% | 13.85% | 16.08% | 14.27% | 16.65% | 4.53% | 33.32% | 48.27% | 4.98% | 14.79% | 2.57% |
| Broadcasting | 28 | 60.38% | 53.39% | 114.53% | 53.88% | 116.82% | 11.54% | 48.37% | 48.77% | 13.61% | 8.19% | 1.07% |
| Brokerage & Investment Banking | 31 | 75.90% | 64.44% | 181.19% | 64.60% | 182.48% | 14.76% | 68.03% | 31.74% | 0.45% | 1.18% | 0.25% |
| Building Materials | 44 | 48.67% | 15.62% | 18.51% | 15.79% | 18.75% | 17.03% | 69.77% | 34.54% | 7.20% | 18.08% | 2.46% |
| Business & Consumer Services | 160 | 51.74% | 18.06% | 22.04% | 18.29% | 22.39% | 10.17% | 51.40% | 41.17% | 5.55% | 12.37% | 1.76% |
| Cable TV | 11 | 63.25% | 37.18% | 59.18% | 37.54% | 60.12% | 18.08% | 54.61% | 20.07% | 9.82% | 18.59% | 3.77% |
| Chemical (Basic) | 35 | 52.56% | 30.63% | 44.16% | 30.92% | 44.76% | 10.02% | 45.08% | 45.02% | 17.22% | 37.98% | 4.44% |
| Chemical (Diversified) | 4 | 55.10% | 31.90% | 46.85% | 32.16% | 47.40% | 3.90% | 46.35% | 37.29% | 11.50% | 41.89% | 3.55% |
| Chemical (Specialty) | 81 | 40.25% | 16.19% | 19.31% | 16.30% | 19.47% | 10.12% | 59.99% | 40.72% | 6.44% | 25.39% | 3.63% |
| Coal & Related Energy | 18 | 51.64% | 29.06% | 40.96% | 29.40% | 41.65% | 0.74% | 32.28% | 58.57% | 7.47% | 60.22% | 6.28% |
| Computer Services | 83 | 55.99% | 20.83% | 26.31% | 21.22% | 26.94% | 8.19% | 44.27% | 48.44% | 8.09% | 10.51% | 1.67% |
| Computers/Peripherals | 46 | 66.56% | 7.04% | 7.57% | 7.04% | 7.58% | 4.96% | 45.35% | 51.27% | 4.65% | 10.90% | 2.80% |
| Construction Supplies | 48 | 51.00% | 21.65% | 27.63% | 21.84% | 27.94% | 13.00% | 61.67% | 40.01% | 6.52% | 17.46% | 3.21% |
| Diversified | 22 | 29.34% | 18.07% | 22.05% | 18.45% | 22.62% | 7.24% | 48.46% | 30.11% | 12.62% | 17.06% | 1.38% |
| Drugs (Biotechnology) | 581 | 47.31% | 13.04% | 14.99% | 13.27% | 15.30% | 0.53% | 37.73% | 50.80% | 3.30% | 7.45% | 1.25% |
| Drugs (Pharmaceutical) | 298 | 43.92% | 12.61% | 14.43% | 12.81% | 14.69% | 2.18% | 26.38% | 56.17% | 6.75% | 10.82% | 2.13% |
| Education | 35 | 36.72% | 19.78% | 24.66% | 20.45% | 25.70% | 7.64% | 50.47% | 41.50% | 5.62% | 14.07% | 2.18% |
| Electrical Equipment | 104 | 41.43% | 12.04% | 13.68% | 12.04% | 13.69% | 4.98% | 40.53% | 57.66% | 4.14% | 18.68% | 2.97% |
| Electronics (Consumer & Office) | 16 | 22.12% | 6.68% | 7.16% | 7.08% | 7.62% | 4.87% | 30.41% | 52.54% | 4.74% | 5.89% | 1.46% |
| Electronics (General) | 137 | 36.29% | 11.14% | 12.54% | 11.31% | 12.75% | 6.66% | 43.03% | 43.45% | 5.47% | 20.39% | 2.91% |
| Engineering/Construction | 48 | 42.79% | 20.16% | 25.25% | 20.38% | 25.59% | 13.53% | 61.75% | 36.36% | 7.77% | 15.97% | 2.60% |
| Entertainment | 108 | 43.43% | 13.01% | 14.96% | 13.22% | 15.23% | 2.64% | 36.17% | 59.63% | 2.71% | 16.08% | 1.52% |
| Environmental & Waste Services | 58 | 54.19% | 16.99% | 20.47% | 17.26% | 20.87% | 5.90% | 40.98% | 43.01% | 6.17% | 35.47% | 4.19% |
| Farming/Agriculture | 36 | 54.33% | 26.89% | 36.77% | 26.91% | 36.82% | 7.65% | 36.73% | 46.45% | 7.54% | 15.75% | 2.86% |
| Financial Svcs. (Non-bank & Insurance) | 223 | 94.54% | 87.89% | 725.74% | 87.90% | 726.37% | 15.60% | 40.28% | 28.52% | 0.59% | 0.52% | 0.18% |
| Food Processing | 92 | 43.88% | 23.19% | 30.19% | 23.38% | 30.52% | 10.54% | 47.26% | 27.69% | 7.79% | 15.74% | 2.21% |
| Food Wholesalers | 15 | 68.05% | 31.49% | 45.96% | 31.94% | 46.92% | 8.60% | 58.87% | 54.01% | 6.79% | 23.53% | 2.18% |
| Furn/Home Furnishings | 32 | 44.75% | 22.06% | 28.30% | 22.27% | 28.65% | 11.74% | 54.86% | 44.77% | 12.11% | 22.32% | 2.85% |
| Green & Renewable Energy | 20 | 55.86% | 39.91% | 66.41% | 39.99% | 66.63% | 1.43% | 31.36% | 81.76% | 5.41% | 83.29% | 3.40% |
| Healthcare Products | 244 | 34.73% | 7.78% | 8.44% | 7.93% | 8.61% | 4.15% | 45.23% | 43.81% | 3.75% | 12.65% | 2.49% |
| Healthcare Support Services | 131 | 46.30% | 19.37% | 24.02% | 19.71% | 24.55% | 7.72% | 46.04% | 46.86% | 7.16% | 7.99% | 1.21% |
| Heathcare Information and Technology | 142 | 35.67% | 8.74% | 9.58% | 8.86% | 9.73% | 3.57% | 46.43% | 46.28% | 3.31% | 7.56% | 1.89% |
| Homebuilding | 29 | 32.42% | 17.92% | 21.83% | 18.01% | 21.97% | 18.63% | 74.97% | 39.47% | 12.44% | 2.02% | 0.54% |
| Hospitals/Healthcare Facilities | 31 | 80.11% | 40.48% | 68.01% | 41.51% | 70.98% | 8.99% | 58.07% | 52.31% | 11.34% | 42.71% | 4.35% |
| Hotel/Gaming | 66 | 77.03% | 30.73% | 44.36% | 31.51% | 46.01% | 6.02% | 56.57% | 43.87% | 0.95% | 38.44% | 2.02% |
| Household Products | 118 | 56.01% | 10.92% | 12.26% | 11.18% | 12.58% | 5.87% | 38.14% | 58.57% | 5.24% | 18.72% | 2.81% |
| Information Services | 79 | 43.66% | 9.21% | 10.15% | 9.40% | 10.37% | 11.22% | 52.34% | 46.44% | 3.65% | 3.21% | 0.89% |
| Insurance (General) | 23 | 33.55% | 20.60% | 25.94% | 21.04% | 26.64% | 11.43% | 65.32% | 37.15% | 9.85% | 0.72% | 0.15% |
| Insurance (Life) | 24 | 40.71% | 47.70% | 91.22% | 48.08% | 92.60% | 14.28% | 55.95% | 31.81% | 10.03% | 0.07% | 0.01% |
| Insurance (Prop/Cas.) | 52 | 25.93% | 18.34% | 22.46% | 19.01% | 23.48% | 13.37% | 52.14% | 29.24% | 13.79% | 1.98% | 0.22% |
| Investments & Asset Management | 687 | 43.50% | 21.66% | 27.65% | 21.83% | 27.93% | 1.42% | 44.13% | 31.97% | 3.36% | 0.89% | 0.16% |
| Machinery | 111 | 39.13% | 12.08% | 13.74% | 12.37% | 14.11% | 10.58% | 66.42% | 34.75% | 6.00% | 11.54% | 1.48% |
| Metals & Mining | 74 | 38.11% | 15.10% | 17.78% | 15.38% | 18.17% | 2.07% | 24.49% | 68.08% | 12.74% | 57.14% | 3.91% |
| Office Equipment & Services | 18 | 57.15% | 33.07% | 49.40% | 32.55% | 48.26% | 8.96% | 59.14% | 31.01% | 8.57% | 18.82% | 2.13% |
| Oil/Gas (Integrated) | 4 | 28.23% | 19.88% | 24.82% | 21.09% | 26.73% | 19.34% | 56.27% | 28.71% | 11.88% | 65.64% | 3.32% |
| Oil/Gas (Production and Exploration) | 183 | 40.11% | 23.31% | 30.40% | 23.74% | 31.13% | 2.04% | 36.61% | 55.48% | 10.40% | 78.60% | 7.89% |
| Oil/Gas Distribution | 21 | 63.01% | 46.66% | 87.47% | 46.57% | 87.16% | 9.76% | 55.28% | 44.98% | 7.64% | 65.05% | 3.12% |
| Oilfield Svcs/Equip. | 100 | 45.03% | 34.18% | 51.92% | 35.12% | 54.13% | 3.89% | 51.57% | 49.63% | 7.47% | 37.41% | 2.78% |
| Packaging & Container | 26 | 62.08% | 32.94% | 49.12% | 33.19% | 49.68% | 17.09% | 65.40% | 26.38% | 9.77% | 33.20% | 4.21% |
| Paper/Forest Products | 11 | 53.69% | 28.96% | 40.77% | 29.24% | 41.32% | 12.01% | 77.65% | 30.61% | 20.65% | 41.72% | 3.10% |
| Power | 50 | 59.64% | 41.49% | 70.92% | 41.70% | 71.54% | 15.61% | 68.55% | 19.49% | 7.94% | 68.10% | 7.14% |
| Precious Metals | 76 | 20.34% | 10.68% | 11.96% | 10.72% | 12.01% | 3.11% | 18.72% | 56.29% | 10.93% | 56.99% | 5.49% |
| Publishing & Newspapers | 21 | 41.91% | 26.10% | 35.31% | 26.90% | 36.81% | 11.64% | 51.48% | 30.80% | 10.35% | 19.53% | 2.22% |
| R.E.I.T. | 238 | 59.72% | 34.58% | 52.86% | 34.98% | 53.80% | 1.94% | 68.95% | 32.65% | 3.46% | 54.49% | 0.31% |
| Real Estate (Development) | 19 | 52.34% | 43.49% | 76.96% | 44.43% | 79.94% | 2.60% | 20.00% | 51.32% | 3.24% | 54.13% | 0.10% |
| Real Estate (General/Diversified) | 10 | 27.09% | 21.78% | 27.84% | 20.89% | 26.41% | 9.94% | 38.94% | 30.70% | 3.90% | 10.91% | 0.28% |
| Real Estate (Operations & Services) | 51 | 65.65% | 34.33% | 52.29% | 36.05% | 56.36% | 6.54% | 34.87% | 41.43% | 3.83% | 24.80% | 0.99% |
| Recreation | 60 | 60.51% | 22.26% | 28.63% | 22.83% | 29.58% | 7.75% | 44.75% | 50.35% | 6.34% | 26.68% | 3.25% |
| Reinsurance | 2 | 21.53% | 26.74% | 36.50% | 27.98% | 38.85% | 22.96% | 91.67% | 25.95% | 13.37% | 0.24% | 0.07% |
| Restaurant/Dining | 70 | 106.82% | 20.39% | 25.61% | 21.47% | 27.35% | 7.11% | 51.69% | 42.76% | 5.09% | 56.30% | 3.82% |
| Retail (Automotive) | 32 | 72.18% | 26.87% | 36.74% | 27.85% | 38.60% | 14.20% | 68.10% | 44.49% | 7.87% | 36.22% | 2.85% |
| Retail (Building Supply) | 16 | 93.96% | 11.80% | 13.38% | 11.85% | 13.44% | 15.50% | 64.19% | 44.73% | 6.73% | 43.70% | 3.97% |
| Retail (Distributors) | 68 | 57.42% | 24.18% | 31.88% | 24.46% | 32.38% | 11.70% | 55.89% | 43.10% | 6.78% | 12.03% | 5.48% |
| Retail (General) | 16 | 47.00% | 13.09% | 15.06% | 13.83% | 16.05% | 18.45% | 70.88% | 33.88% | 8.44% | 47.36% | 4.90% |
| Retail (Grocery and Food) | 15 | 67.70% | 38.50% | 62.61% | 40.56% | 68.24% | 13.31% | 47.61% | 34.27% | 12.90% | 59.52% | 5.93% |
| Retail (Online) | 60 | 53.09% | 8.06% | 8.77% | 7.54% | 8.16% | 4.76% | 37.10% | 58.82% | 3.61% | 44.68% | 12.62% |
| Retail (Special Lines) | 76 | 63.70% | 24.36% | 32.21% | 25.79% | 34.75% | 14.67% | 63.29% | 45.57% | 11.63% | 40.52% | 2.84% |
| Rubber& Tires | 2 | 67.45% | 60.88% | 155.64% | 60.72% | 154.55% | 17.42% | 55.96% | 47.06% | 13.78% | 42.62% | 3.82% |
| Semiconductor | 67 | 33.39% | 6.31% | 6.73% | 6.35% | 6.78% | 6.80% | 59.64% | 37.46% | 4.64% | 23.20% | 6.32% |
| Semiconductor Equip | 34 | 34.07% | 4.78% | 5.02% | 4.80% | 5.04% | 9.19% | 62.37% | 33.22% | 5.11% | 13.36% | 3.52% |
| Shipbuilding & Marine | 8 | 36.08% | 27.42% | 37.77% | 27.52% | 37.96% | 3.19% | 57.42% | 51.04% | 15.24% | 71.75% | 7.02% |
| Shoe | 12 | 43.77% | 5.39% | 5.70% | 5.46% | 5.78% | 9.86% | 64.07% | 34.71% | 3.85% | 20.83% | 0.90% |
| Software (Entertainment) | 88 | 13.35% | 2.01% | 2.05% | 2.00% | 2.04% | 2.21% | 36.79% | 54.61% | 4.68% | 30.24% | 7.35% |
| Software (Internet) | 36 | 43.82% | 6.91% | 7.43% | 7.13% | 7.67% | 1.29% | 42.47% | 38.09% | 0.60% | 13.40% | 1.99% |
| Software (System & Application) | 375 | 44.84% | 5.30% | 5.60% | 5.37% | 5.68% | 3.36% | 42.29% | 45.74% | 2.48% | 12.26% | 3.15% |
| Steel | 28 | 37.29% | 24.41% | 32.29% | 24.74% | 32.87% | 13.30% | 60.30% | 33.13% | 22.32% | 38.14% | 4.62% |
| Telecom (Wireless) | 17 | 59.49% | 43.29% | 76.35% | 43.92% | 78.31% | 3.26% | 31.95% | 48.16% | 12.82% | 34.83% | 6.70% |
| Telecom. Equipment | 82 | 34.77% | 7.98% | 8.67% | 8.03% | 8.73% | 5.29% | 46.67% | 40.53% | 5.37% | 7.57% | 1.42% |
| Telecom. Services | 42 | 60.66% | 50.18% | 100.71% | 50.12% | 100.48% | 5.86% | 39.69% | 38.67% | 15.07% | 31.34% | 3.87% |
| Tobacco | 16 | 116.34% | 20.35% | 25.55% | 20.62% | 25.98% | 8.23% | 38.10% | 24.88% | 9.32% | 9.58% | 1.01% |
| Transportation | 17 | 58.98% | 18.82% | 23.18% | 18.63% | 22.90% | 14.40% | 70.51% | 28.34% | 8.75% | 54.91% | 6.79% |
| Transportation (Railroads) | 4 | 60.29% | 16.37% | 19.57% | 16.62% | 19.94% | 17.34% | 76.03% | 16.39% | 6.30% | 85.10% | 4.03% |
| Trucking | 34 | 54.81% | 19.84% | 24.76% | 20.80% | 26.26% | 16.04% | 51.89% | 32.99% | 5.22% | 23.41% | 8.81% |
| Utility (General) | 16 | 58.88% | 40.68% | 68.57% | 40.90% | 69.22% | 9.75% | 79.91% | 18.83% | 6.99% | 67.35% | 7.14% |
| Utility (Water) | 14 | 57.44% | 25.49% | 34.21% | 25.56% | 34.34% | 10.01% | 55.63% | 27.09% | 4.41% | 77.72% | 6.93% |
| Total Market | 7229 | 63.00% | 28.42% | 39.70% | 28.62% | 40.09% | 7.05% | 46.08% | 41.01% | 4.77% | 12.63% | 1.45% |
| Total Market (without financials) | 5619 | 50.90% | 16.41% | 19.64% | 16.66% | 19.99% | 6.01% | 47.19% | 44.99% | 5.60% | 30.30% | 3.45% |