Financing Flows 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/fundgrEB.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 | Dividends in $ millions | Buybacks in $ millions | Equity Issuance in $ millions | Net Equity Change in $ millions | Net Equity Change as % of Book Equity | Debt Repaid in $ millions | Debt Raised in $ millions | Net Debt Change in $ millions | Net Change in Debt as % of Total Debt | Change in Lease Debt in $ millions |
| Advertising | 49 | $ 1,248.78 | $ 330.07 | $ 2,036.38 | $ 457.54 | 8.45% | $ 12,875.38 | $ 11,296.77 | $ (1,578.61) | -7.27% | $ (1,321.59) |
| Aerospace/Defense | 73 | $ 9,754.71 | $ 13,514.41 | $ 3,305.10 | $ (19,964.02) | -14.94% | $ 37,760.78 | $ 32,004.39 | $ (5,756.39) | -3.09% | $ 3,162.39 |
| Air Transport | 21 | $ 1.91 | $ 29.50 | $ 7,828.44 | $ 7,797.02 | 26.82% | $ 33,245.96 | $ 34,658.81 | $ 1,412.85 | 1.07% | $ (16,583.83) |
| Apparel | 39 | $ 1,408.32 | $ 872.40 | $ 628.85 | $ (1,651.87) | -7.14% | $ 5,730.15 | $ 2,603.84 | $ (3,126.32) | -15.12% | $ 238.16 |
| Auto & Truck | 26 | $ 370.30 | $ 82.33 | $ 8,111.12 | $ 7,658.49 | 7.89% | $ 129,728.59 | $ 102,892.06 | $ (26,836.53) | -9.72% | $ 29.44 |
| Auto Parts | 38 | $ 635.90 | $ 911.93 | $ 1,877.37 | $ 329.54 | 1.70% | $ 14,264.09 | $ 14,024.06 | $ (240.03) | -0.99% | $ 88.60 |
| Bank (Money Center) | 7 | $ 25,650.66 | $ 51,216.00 | $ 314.00 | $ (76,552.66) | -8.80% | $ 263,011.00 | $ 281,269.00 | $ 18,258.00 | 0.89% | $ - |
| Banks (Regional) | 563 | $ 17,899.60 | $ 11,645.92 | $ 8,723.47 | $ (20,822.05) | -3.80% | $ 172,505.55 | $ 86,260.25 | $ (86,245.30) | -30.41% | $ - |
| Beverage (Alcoholic) | 21 | $ 1,102.93 | $ 1,382.42 | $ 258.47 | $ (2,226.88) | -7.48% | $ 4,595.58 | $ 1,949.68 | $ (2,645.90) | -12.51% | $ (1,382.27) |
| Beverage (Soft) | 32 | $ 15,653.94 | $ 1,194.68 | $ 1,344.13 | $ (15,504.50) | -24.79% | $ 33,973.36 | $ 16,910.28 | $ (17,063.08) | -17.27% | $ 1,154.77 |
| Broadcasting | 28 | $ 1,356.68 | $ 2,223.41 | $ 2,153.63 | $ (1,426.46) | -3.21% | $ 10,943.08 | $ 8,492.75 | $ (2,450.33) | -2.88% | $ 423.16 |
| Brokerage & Investment Banking | 31 | $ 8,290.28 | $ 17,715.50 | $ 2,492.73 | $ (23,513.05) | -10.76% | $ 143,032.92 | $ 211,854.16 | $ 68,821.24 | 6.72% | $ 372.10 |
| Building Materials | 44 | $ 1,556.47 | $ 4,976.58 | $ 812.76 | $ (5,720.29) | -17.35% | $ 16,476.83 | $ 15,006.15 | $ (1,470.68) | -3.74% | $ (61.81) |
| Business & Consumer Services | 160 | $ 3,204.54 | $ 7,383.93 | $ 5,826.96 | $ (4,761.50) | -6.16% | $ 37,125.38 | $ 39,609.03 | $ 2,483.65 | 2.63% | $ 968.30 |
| Cable TV | 11 | $ 4,744.90 | $ 27,517.13 | $ 119.50 | $ (32,142.53) | -21.93% | $ 44,915.60 | $ 51,602.30 | $ 6,686.70 | 2.51% | $ (1,168.70) |
| Chemical (Basic) | 35 | $ 4,176.41 | $ 945.64 | $ 1,034.40 | $ (4,087.65) | -12.73% | $ 15,024.06 | $ 12,321.58 | $ (2,702.49) | -5.74% | $ 102.15 |
| Chemical (Diversified) | 4 | $ 318.00 | $ 192.33 | $ 30.00 | $ (480.33) | -11.61% | $ 2,775.04 | $ 1,912.07 | $ (862.98) | -14.60% | $ 40.14 |
| Chemical (Specialty) | 81 | $ 7,084.75 | $ 9,308.34 | $ 4,037.40 | $ (12,355.69) | -8.30% | $ 27,498.66 | $ 15,471.81 | $ (12,026.85) | -11.21% | $ 1,387.15 |
| Coal & Related Energy | 18 | $ 6.13 | $ 10.83 | $ 559.13 | $ 542.17 | 23.56% | $ 443.38 | $ 357.30 | $ (86.08) | -3.02% | $ (415.15) |
| Computer Services | 83 | $ 6,900.74 | $ 7,348.07 | $ 1,125.70 | $ (13,123.11) | -21.03% | $ 33,493.03 | $ 19,417.22 | $ (14,075.81) | -17.76% | $ (1,254.49) |
| Computers/Peripherals | 46 | $ 17,057.10 | $ 100,578.51 | $ 2,379.43 | $ (115,256.18) | -116.91% | $ 36,685.64 | $ 47,838.06 | $ 11,152.42 | 5.11% | $ 30,344.09 |
| Construction Supplies | 48 | $ 4,472.80 | $ 4,694.50 | $ 2,477.11 | $ (6,690.18) | -9.40% | $ 29,902.48 | $ 29,207.45 | $ (695.03) | -0.85% | $ (682.35) |
| Diversified | 22 | $ 6,888.86 | $ 34,610.30 | $ 1,801.20 | $ (39,697.97) | -7.99% | $ 40,778.08 | $ 24,457.20 | $ (16,320.88) | -6.95% | $ (1,533.43) |
| Drugs (Biotechnology) | 581 | $ 16,647.24 | $ 14,111.66 | $ 56,054.99 | $ 25,296.09 | 16.58% | $ 17,727.88 | $ 16,859.74 | $ (868.15) | -0.48% | $ 4,658.88 |
| Drugs (Pharmaceutical) | 298 | $ 34,442.85 | $ 11,292.10 | $ 11,634.19 | $ (34,100.76) | -12.88% | $ 45,734.38 | $ 37,316.97 | $ (8,417.40) | -3.57% | $ 2,227.02 |
| Education | 35 | $ 88.70 | $ 1,265.64 | $ 3,060.03 | $ 1,705.70 | 11.77% | $ 3,449.84 | $ 2,966.16 | $ (483.68) | -6.18% | $ 122.38 |
| Electrical Equipment | 104 | $ 2,644.68 | $ 2,264.96 | $ 8,659.57 | $ 3,749.93 | 10.99% | $ 10,620.00 | $ 13,449.15 | $ 2,829.15 | 7.58% | $ 107.10 |
| Electronics (Consumer & Office) | 16 | $ - | $ 231.35 | $ 730.66 | $ 499.31 | 41.67% | $ 414.66 | $ 221.38 | $ (193.28) | -26.23% | $ 35.65 |
| Electronics (General) | 137 | $ 1,582.23 | $ 2,938.95 | $ 3,479.51 | $ (1,041.67) | -1.79% | $ 13,966.02 | $ 18,137.66 | $ 4,171.64 | 10.99% | $ 521.05 |
| Engineering/Construction | 48 | $ 161.69 | $ 1,958.80 | $ 1,672.83 | $ (447.67) | -1.58% | $ 15,181.31 | $ 18,108.98 | $ 2,927.67 | 14.22% | $ (1,286.21) |
| Entertainment | 108 | $ 912.76 | $ 3,066.22 | $ 7,724.42 | $ 3,745.44 | 2.79% | $ 12,025.54 | $ 10,939.96 | $ (1,085.57) | -0.97% | $ (3,206.48) |
| Environmental & Waste Services | 58 | $ 1,738.60 | $ 1,415.54 | $ 323.98 | $ (2,830.16) | -10.55% | $ 20,500.75 | $ 22,645.42 | $ 2,144.67 | 6.63% | $ (887.07) |
| Farming/Agriculture | 36 | $ 2,307.16 | $ 3,318.38 | $ 1,096.22 | $ (4,529.32) | -9.56% | $ 47,321.06 | $ 50,894.40 | $ 3,573.34 | 5.02% | $ (22.71) |
| Financial Svcs. (Non-bank & Insurance) | 223 | $ 16,674.56 | $ 27,382.62 | $ 3,384.86 | $ (40,672.32) | -41.81% | $ 3,373,482.94 | $ 3,357,285.85 | $ (16,197.10) | -0.21% | $ 309.73 |
| Food Processing | 92 | $ 10,024.98 | $ 6,215.25 | $ 1,502.69 | $ (14,737.54) | -9.12% | $ 39,921.78 | $ 34,587.86 | $ (5,333.92) | -4.03% | $ 1,127.94 |
| Food Wholesalers | 15 | $ 980.90 | $ 65.42 | $ 193.37 | $ (852.96) | -8.17% | $ 11,222.84 | $ 9,174.83 | $ (2,048.00) | -8.05% | $ (418.51) |
| Furn/Home Furnishings | 32 | $ 988.99 | $ 2,850.76 | $ 917.25 | $ (2,922.50) | -16.57% | $ 6,758.93 | $ 6,211.16 | $ (547.76) | -3.80% | $ 395.62 |
| Green & Renewable Energy | 20 | $ 466.90 | $ 10.80 | $ 519.00 | $ 41.30 | 1.15% | $ 5,051.20 | $ 7,229.43 | $ 2,178.23 | 11.75% | $ (25.73) |
| Healthcare Products | 244 | $ 6,087.21 | $ 7,960.84 | $ 10,284.68 | $ (3,763.38) | -2.21% | $ 22,592.78 | $ 15,765.12 | $ (6,827.67) | -6.83% | $ 1,013.83 |
| Healthcare Support Services | 131 | $ 12,187.56 | $ 27,085.15 | $ 11,135.80 | $ (28,136.91) | -9.23% | $ 69,985.64 | $ 71,209.23 | $ 1,223.59 | 0.48% | $ 4,641.43 |
| Heathcare Information and Technology | 142 | $ 1,717.81 | $ 8,942.78 | $ 14,306.69 | $ 3,646.10 | 2.76% | $ 34,813.86 | $ 42,199.21 | $ 7,385.36 | 7.04% | $ 1,759.30 |
| Homebuilding | 29 | $ 1,096.30 | $ 4,803.38 | $ 451.90 | $ (5,447.79) | -7.93% | $ 18,058.83 | $ 18,583.43 | $ 524.60 | 1.36% | $ (494.27) |
| Hospitals/Healthcare Facilities | 31 | $ 835.80 | $ 7,023.93 | $ 350.01 | $ (7,509.72) | -75.29% | $ 28,142.14 | $ 25,399.83 | $ (2,742.31) | -3.36% | $ (504.38) |
| Hotel/Gaming | 66 | $ 238.23 | $ 3,951.22 | $ 15,725.55 | $ 11,536.10 | 18.62% | $ 43,155.14 | $ 39,325.06 | $ (3,830.09) | -1.69% | $ 2,133.86 |
| Household Products | 118 | $ 14,114.12 | $ 18,618.25 | $ 2,930.14 | $ (29,802.23) | -43.86% | $ 22,671.14 | $ 20,802.52 | $ (1,868.62) | -2.06% | $ (65.61) |
| Information Services | 79 | $ 9,330.30 | $ 28,584.34 | $ 7,209.31 | $ (30,705.33) | -15.96% | $ 96,586.09 | $ 106,077.50 | $ 9,491.41 | 5.90% | $ 1,590.44 |
| Insurance (General) | 23 | $ 4,730.28 | $ 6,011.94 | $ 3,765.83 | $ (6,976.39) | -5.74% | $ 14,155.82 | $ 9,984.81 | $ (4,171.01) | -6.61% | $ 507.30 |
| Insurance (Life) | 24 | $ 5,767.79 | $ 10,822.19 | $ 3,340.28 | $ (13,249.70) | -4.75% | $ 7,087.84 | $ 1,265.71 | $ (5,822.13) | -3.06% | $ 454.36 |
| Insurance (Prop/Cas.) | 52 | $ 7,305.66 | $ 6,674.59 | $ 2,439.83 | $ (11,540.43) | -6.69% | $ 33,733.16 | $ 34,594.98 | $ 861.82 | 1.32% | $ (68.87) |
| Investments & Asset Management | 687 | $ 13,730.29 | $ 11,443.17 | $ 71,466.90 | $ 46,293.44 | 25.20% | $ 49,730.27 | $ 49,335.60 | $ (394.66) | -0.18% | $ 1,243.96 |
| Machinery | 111 | $ 5,155.90 | $ 4,395.92 | $ 3,579.91 | $ (5,971.92) | -6.79% | $ 23,746.94 | $ 14,688.11 | $ (9,058.83) | -13.51% | $ 392.76 |
| Metals & Mining | 74 | $ 2,460.08 | $ 129.34 | $ 975.52 | $ (1,613.91) | -6.83% | $ 5,299.05 | $ 4,948.57 | $ (350.48) | -1.45% | $ (444.21) |
| Office Equipment & Services | 18 | $ 310.70 | $ 100.76 | $ 59.44 | $ (352.02) | -6.87% | $ 4,343.39 | $ 5,529.14 | $ 1,185.75 | 17.47% | $ 45.60 |
| Oil/Gas (Integrated) | 4 | $ 24,990.36 | $ 363.90 | $ 32.00 | $ (25,322.26) | -7.93% | $ 13,668.50 | $ (12,863.70) | $ (26,532.20) | -20.99% | $ (1,085.10) |
| Oil/Gas (Production and Exploration) | 183 | $ 6,193.40 | $ 3,452.58 | $ 2,963.69 | $ (6,682.30) | -4.47% | $ 67,208.50 | $ 54,450.76 | $ (12,757.74) | -10.04% | $ (4,712.39) |
| Oil/Gas Distribution | 21 | $ 7,984.59 | $ 1,123.73 | $ 178.44 | $ (8,929.88) | -14.16% | $ 26,197.96 | $ 22,686.01 | $ (3,511.94) | -2.69% | $ (1,823.41) |
| Oilfield Svcs/Equip. | 100 | $ 6,470.77 | $ 2,266.17 | $ 3,415.16 | $ (5,321.78) | -4.11% | $ 47,970.10 | $ 40,601.49 | $ (7,368.61) | -6.13% | $ (7,824.63) |
| Packaging & Container | 26 | $ 2,660.10 | $ 2,585.59 | $ 417.93 | $ (4,827.76) | -12.29% | $ 29,595.84 | $ 24,238.29 | $ (5,357.56) | -6.94% | $ 262.80 |
| Paper/Forest Products | 11 | $ 189.04 | $ 1,252.80 | $ 5.17 | $ (1,436.67) | -36.50% | $ 801.36 | $ 3,227.59 | $ 2,426.23 | 50.59% | $ (244.77) |
| Power | 50 | $ 23,216.54 | $ 544.22 | $ 10,041.73 | $ (13,719.04) | -3.95% | $ 78,437.56 | $ 124,972.50 | $ 46,534.94 | 8.16% | $ (2,668.45) |
| Precious Metals | 76 | $ 1,807.64 | $ 487.18 | $ 663.65 | $ (1,631.17) | -5.64% | $ 1,275.11 | $ 647.79 | $ (627.32) | -8.14% | $ (340.23) |
| Publishing & Newspapers | 21 | $ 385.13 | $ 85.29 | $ 183.17 | $ (287.25) | -2.18% | $ 7,058.68 | $ 7,721.94 | $ 663.26 | 7.11% | $ 155.89 |
| R.E.I.T. | 238 | $ 45,792.00 | $ 3,400.46 | $ 47,608.97 | $ (1,583.49) | -0.30% | $ 5,273,518.66 | $ 5,295,982.62 | $ 22,463.96 | 2.50% | $ 1,911.24 |
| Real Estate (Development) | 19 | $ 0.01 | $ 5.22 | $ 139.13 | $ 133.90 | 2.70% | $ 2,285.76 | $ 2,610.39 | $ 324.63 | 5.63% | $ (3.00) |
| Real Estate (General/Diversified) | 10 | $ 43.20 | $ 24.53 | $ - | $ (67.73) | -3.09% | $ 21.77 | $ 105.52 | $ 83.75 | 7.00% | $ (62.27) |
| Real Estate (Operations & Services) | 51 | $ 174.01 | $ 1,196.94 | $ 2,263.64 | $ 892.69 | 4.02% | $ 27,501.85 | $ 40,234.90 | $ 12,733.04 | 35.78% | $ 4,428.55 |
| Recreation | 60 | $ 1,251.87 | $ 1,699.37 | $ 2,415.55 | $ (535.69) | -4.67% | $ 11,526.14 | $ 12,052.08 | $ 525.94 | 1.81% | $ 757.74 |
| Reinsurance | 2 | $ 193.00 | $ 319.90 | $ - | $ (512.90) | -2.35% | $ 599.60 | $ 579.20 | $ (20.40) | -0.34% | $ 43.20 |
| Restaurant/Dining | 70 | $ 7,787.18 | $ 4,464.93 | $ 2,313.01 | $ (9,939.10) | 56.25% | $ 22,196.58 | $ 15,217.35 | $ (6,979.23) | -7.71% | $ 451.05 |
| Retail (Automotive) | 32 | $ 466.46 | $ 11,479.23 | $ 2,928.02 | $ (9,017.67) | -38.89% | $ 53,392.25 | $ 58,657.76 | $ 5,265.51 | 9.43% | $ 304.06 |
| Retail (Building Supply) | 16 | $ 8,985.82 | $ 24,973.56 | $ 683.98 | $ (33,275.41) | -293.57% | $ 4,085.01 | $ 13,163.76 | $ 9,078.75 | 12.95% | $ (859.50) |
| Retail (Distributors) | 68 | $ 2,563.87 | $ 2,490.65 | $ 2,338.09 | $ (2,716.44) | -5.84% | $ 51,486.39 | $ 52,518.77 | $ 1,032.38 | 1.49% | $ 1,284.55 |
| Retail (General) | 16 | $ 9,657.38 | $ 21,171.09 | $ 111.02 | $ (30,717.44) | -22.54% | $ 22,014.25 | $ 12,266.46 | $ (9,747.79) | -11.52% | $ 3,517.20 |
| Retail (Grocery and Food) | 15 | $ 873.89 | $ 1,841.96 | $ 222.24 | $ (2,493.60) | -14.12% | $ 3,963.83 | $ 2,634.50 | $ (1,329.33) | -5.23% | $ 495.70 |
| Retail (Online) | 60 | $ 521.70 | $ 6,164.69 | $ 7,346.73 | $ 660.34 | 0.75% | $ 22,782.24 | $ 33,089.26 | $ 10,307.02 | 9.42% | $ 13,732.18 |
| Retail (Special Lines) | 76 | $ 4,861.37 | $ 9,359.59 | $ 4,220.26 | $ (10,000.69) | -17.03% | $ 46,838.49 | $ 30,144.74 | $ (16,693.75) | -37.49% | $ (11,213.93) |
| Rubber& Tires | 2 | $ - | $ - | $ 9.00 | $ 9.00 | 0.31% | $ 7,282.00 | $ 8,780.00 | $ 1,498.00 | 18.05% | $ (47.96) |
| Semiconductor | 67 | $ 21,526.11 | $ 21,842.73 | $ 4,209.80 | $ (39,159.04) | -16.80% | $ 42,615.89 | $ 49,212.50 | $ 6,596.61 | 4.18% | $ 2,372.06 |
| Semiconductor Equip | 34 | $ 2,442.20 | $ 9,682.98 | $ 1,174.50 | $ (10,950.69) | -31.43% | $ 3,462.75 | $ 2,747.64 | $ (715.11) | -3.52% | $ 1,384.19 |
| Shipbuilding & Marine | 8 | $ 82.66 | $ 134.16 | $ 103.13 | $ (113.69) | -2.10% | $ 1,589.90 | $ 946.60 | $ (643.30) | -22.39% | $ (87.36) |
| Shoe | 12 | $ 1,864.33 | $ 1,031.85 | $ 48.56 | $ (2,847.62) | -17.51% | $ 1,790.90 | $ 2,206.70 | $ 415.80 | 3.55% | $ 115.81 |
| Software (Entertainment) | 88 | $ 401.42 | $ 80,074.52 | $ 4,409.62 | $ (76,066.32) | -21.39% | $ 20,213.96 | $ 21,890.52 | $ 1,676.56 | 4.86% | $ 8,062.04 |
| Software (Internet) | 36 | $ 26.10 | $ 1,834.28 | $ 4,532.66 | $ 2,672.28 | 13.23% | $ 5,817.68 | $ 9,392.41 | $ 3,574.74 | 14.74% | $ 700.04 |
| Software (System & Application) | 375 | $ 24,431.65 | $ 74,044.91 | $ 36,204.93 | $ (62,271.63) | -22.30% | $ 45,193.21 | $ 65,801.32 | $ 20,608.11 | 7.58% | $ 5,964.44 |
| Steel | 28 | $ 1,168.54 | $ 2,972.93 | $ 1,281.56 | $ (2,859.91) | -8.28% | $ 15,069.46 | $ 13,885.10 | $ (1,184.36) | -4.23% | $ 289.50 |
| Telecom (Wireless) | 17 | $ 106.68 | $ 444.52 | $ 25.60 | $ (525.60) | -0.71% | $ 20,149.45 | $ 25,644.10 | $ 5,494.65 | 6.40% | $ 15,828.50 |
| Telecom. Equipment | 82 | $ 7,082.02 | $ 5,702.38 | $ 1,860.77 | $ (10,923.62) | -17.75% | $ 10,446.63 | $ 5,341.92 | $ (5,104.70) | -13.93% | $ 49.99 |
| Telecom. Services | 42 | $ 26,511.09 | $ 1,566.13 | $ 772.57 | $ (27,304.65) | -10.51% | $ 40,468.82 | $ 91,932.89 | $ 51,464.07 | 13.22% | $ 4,622.69 |
| Tobacco | 16 | $ 14,103.59 | $ 1,092.11 | $ 92.53 | $ (15,103.17) | 192.08% | $ 9,572.95 | $ 8,391.17 | $ (1,181.78) | -1.94% | $ (111.27) |
| Transportation | 17 | $ 4,590.00 | $ 2,144.55 | $ 993.61 | $ (5,740.94) | -16.14% | $ 15,313.79 | $ 9,415.51 | $ (5,898.28) | -11.86% | $ 6,505.14 |
| Transportation (Railroads) | 4 | $ 4,530.00 | $ 12,053.00 | $ 24.00 | $ (16,559.00) | -36.92% | $ 4,259.00 | $ 6,202.00 | $ 1,943.00 | 3.23% | $ (408.00) |
| Trucking | 34 | $ 770.29 | $ 2,389.96 | $ 6,087.43 | $ 2,927.19 | 7.25% | $ 41,403.07 | $ 38,463.83 | $ (2,939.24) | -5.18% | $ (561.77) |
| Utility (General) | 16 | $ 9,636.80 | $ 887.00 | $ 3,921.20 | $ (6,602.60) | -4.67% | $ 25,351.50 | $ 44,008.20 | $ 18,656.70 | 8.31% | $ 152.22 |
| Utility (Water) | 14 | $ 851.02 | $ 27.18 | $ 623.98 | $ (254.23) | -1.77% | $ 2,579.17 | $ 3,450.12 | $ 870.94 | 4.15% | $ 55.59 |
| Total Market | 7229 | $ 591,708.80 | $ 842,299.69 | $ 465,119.58 | $ (968,888.91) | -9.81% | $ 11,371,272.41 | $ 11,369,806.49 | $ (1,465.92) | -0.01% | $ 71,163.33 |
| Total Market (without financials) | 5619 | $ 491,659.68 | $ 699,387.76 | $ 369,191.69 | $ (821,855.75) | -11.13% | $ 7,314,532.91 | $ 7,337,956.12 | $ 23,423.21 | 0.28% | $ 68,344.75 |
Last updated in January 2022
By Aswath Damodaran