Goodwill Statistics 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 Goodwill (in $ millions) Change in Goodwill in last year Goodwill as % of Total Assets  Impairment of Goodwill in LTM in $ millioins  Impairment as % of Goodwill
Advertising 49  $                                         24,253.69  $                                        4,298.40 33.44%  $                                                      119.68 0.49%
Aerospace/Defense 73  $                                       157,821.04  $                                        2,717.61 26.44%  $                                                 41,729.57 26.44%
Air Transport 21  $                                         21,962.33  $                                           455.38 7.07%  $                                                   1,551.84 7.07%
Apparel 39  $                                         10,625.35  $                                        1,386.51 13.52%  $                                                   1,436.19 13.52%
Auto & Truck 26  $                                           2,720.72  $                                             23.42 0.46%  $                                                        12.56 0.46%
Auto Parts 38  $                                           9,006.75  $                                        2,345.28 10.76%  $                                                      968.99 10.76%
Bank (Money Center) 7  $                                       177,096.06  $                                        2,426.00 1.51%  $                                                   2,674.18 1.51%
Banks (Regional) 563  $                                       129,614.42  $                                        6,411.69 2.18%  $                                                   2,830.30 2.18%
Beverage (Alcoholic) 21  $                                         15,619.66  $                                      (1,019.83) 24.22%  $                                                   3,782.70 24.22%
Beverage (Soft) 32  $                                         59,036.66  $                                           727.46 23.59%  $                                                 13,927.81 23.59%
Broadcasting 28  $                                         49,648.12  $                                        2,094.32 26.73%  $                                                 13,270.96 26.73%
Brokerage & Investment Banking 31  $                                         40,362.77  $                                      20,136.50 1.12%  $                                                      453.56 1.12%
Building Materials 44  $                                         31,582.39  $                                        3,853.80 26.23%  $                                                   8,284.09 26.23%
Business & Consumer Services 160  $                                         97,689.70  $                                      17,507.27 33.66%  $                                                 32,881.66 33.66%
Cable TV 11  $                                       127,578.50  $                                           228.40 22.65%  $                                                 28,897.00 22.65%
Chemical (Basic) 35  $                                         15,377.66  $                                        1,035.30 10.12%  $                                                   1,556.58 10.12%
Chemical (Diversified) 4  $                                              843.00  $                                           320.00 4.91%  $                                                        41.36 4.91%
Chemical (Specialty) 81  $                                         94,875.98  $                                        4,260.34 24.88%  $                                                 23,600.79 24.88%
Coal & Related Energy 18  $                                                     -    $                                                   -   0.00%  $                                                             -   -
Computer Services 83  $                                         83,584.46  $                                        4,186.08 30.54%  $                                                 25,523.30 30.54%
Computers/Peripherals 46  $                                         83,706.34  $                                           855.12 12.80%  $                                                 10,714.00 12.80%
Construction Supplies 48  $                                         30,359.73  $                                        1,045.60 13.08%  $                                                   3,971.55 13.08%
Diversified 22  $                                       144,915.35  $                                        3,566.75 10.90%  $                                                 15,798.82 10.90%
Drugs (Biotechnology) 581  $                                         71,577.12  $                                      (2,104.97) 13.04%  $                                                   9,335.59 13.04%
Drugs (Pharmaceutical) 298  $                                       164,285.65  $                                           (98.51) 20.51%  $                                                 33,693.36 20.51%
Education 35  $                                         10,693.99  $                                        4,234.26 27.23%  $                                                   2,912.11 27.23%
Electrical Equipment 104  $                                         33,960.96  $                                        9,227.35 26.70%  $                                                   9,068.52 26.70%
Electronics (Consumer & Office) 16  $                                              893.40  $                                           624.50 14.80%  $                                                      132.22 14.80%
Electronics (General) 137  $                                         37,275.97  $                                        8,435.55 22.86%  $                                                   8,521.02 22.86%
Engineering/Construction 48  $                                         15,228.34  $                                        1,647.38 17.83%  $                                                   2,715.11 17.83%
Entertainment 108  $                                       117,839.72  $                                        5,106.13 30.47%  $                                                 35,903.08 30.47%
Environmental & Waste Services 58  $                                         33,821.36  $                                        4,361.58 38.91%  $                                                 13,160.92 38.91%
Farming/Agriculture 36  $                                           8,211.89  $                                           715.15 4.30%  $                                                      353.33 4.30%
Financial Svcs. (Non-bank & Insurance) 223  $                                         98,914.04  $                                        3,374.97 0.97%  $                                                      959.07 0.97%
Food Processing 92  $                                       132,619.79  $                                        3,837.27 32.40%  $                                                 42,975.06 32.40%
Food Wholesalers 15  $                                         12,871.80  $                                        1,459.90 20.50%  $                                                   2,638.39 20.50%
Furn/Home Furnishings 32  $                                           9,300.61  $                                           968.16 16.03%  $                                                   1,491.33 16.03%
Green & Renewable Energy 20  $                                              981.56  $                                             86.90 2.04%  $                                                        20.06 2.04%
Healthcare Products 244  $                                       113,614.03  $                                        8,705.11 29.84%  $                                                 33,905.41 29.84%
Healthcare Support Services 131  $                                       335,118.42  $                                      33,794.60 29.37%  $                                                 98,410.60 29.37%
Heathcare Information and Technology 142  $                                       149,309.98  $                                      39,679.34 39.61%  $                                                 59,142.63 39.61%
Homebuilding 29  $                                           6,667.09  $                                           238.90 4.45%  $                                                      296.42 4.45%
Hospitals/Healthcare Facilities 31  $                                         30,210.09  $                                        2,127.81 20.22%  $                                                   6,107.61 20.22%
Hotel/Gaming 66  $                                         55,211.23  $                                        4,112.80 15.22%  $                                                   8,400.70 15.22%
Household Products 118  $                                         66,896.65  $                                        1,975.72 26.00%  $                                                 17,390.25 26.00%
Information Services 79  $                                       182,739.63  $                                      11,635.04 29.89%  $                                                 54,624.06 29.89%
Insurance (General) 23  $                                         34,322.33  $                                        2,541.16 3.97%  $                                                   1,361.93 3.97%
Insurance (Life) 24  $                                         14,997.40  $                                        1,295.70 0.48%  $                                                        71.45 0.48%
Insurance (Prop/Cas.) 52  $                                         20,024.33  $                                        1,079.00 2.49%  $                                                      497.67 2.49%
Investments & Asset Management 687  $                                         71,150.84  $                                        6,642.03 3.63%  $                                                   2,584.28 3.63%
Machinery 111  $                                         79,835.86  $                                        2,714.75 32.21%  $                                                 25,715.00 32.21%
Metals & Mining 74  $                                              674.00  $                                         (233.30) 0.70%  $                                                          4.69 0.70%
Office Equipment & Services 18  $                                           4,789.70  $                                        1,311.80 22.06%  $                                                   1,056.44 22.06%
Oil/Gas (Integrated) 4  $                                           4,402.00  $                                           (14.00) 0.67%  $                                                        29.67 0.67%
Oil/Gas (Production and Exploration) 183  $                                           4,789.02  $                                             99.86 1.06%  $                                                        50.57 1.06%
Oil/Gas Distribution 21  $                                         21,074.26  $                                           127.51 8.66%  $                                                   1,825.46 8.66%
Oilfield Svcs/Equip. 100  $                                         39,873.99  $                                           899.44 9.75%  $                                                   3,885.85 9.75%
Packaging & Container 26  $                                         38,993.96  $                                           103.38 20.86%  $                                                   8,133.46 20.86%
Paper/Forest Products 11  $                                           1,215.56  $                                           548.16 9.34%  $                                                      113.55 9.34%
Power 50  $                                         67,131.00  $                                         (375.20) 4.62%  $                                                   3,098.40 4.62%
Precious Metals 76  $                                           2,790.07  $                                             18.89 5.52%  $                                                      154.10 5.52%
Publishing & Newspapers 21  $                                           9,620.07  $                                        1,568.80 24.76%  $                                                   2,381.50 24.76%
R.E.I.T. 238  $                                         52,396.43  $                                        5,975.38 3.03%  $                                                   1,589.71 3.03%
Real Estate (Development) 19  $                                              137.40  $                                               3.20 1.02%  $                                                          1.40 1.02%
Real Estate (General/Diversified) 10  $                                                20.06  $                                             16.50 0.35%  $                                                          0.07 0.35%
Real Estate (Operations & Services) 51  $                                         15,836.36  $                                        2,196.77 14.49%  $                                                   2,294.98 14.49%
Recreation 60  $                                         15,140.00  $                                        5,812.84 19.57%  $                                                   2,963.53 19.57%
Reinsurance 2  $                                              631.80  $                                             19.40 0.51%  $                                                          3.24 0.51%
Restaurant/Dining 70  $                                         18,800.38  $                                        2,488.24 11.11%  $                                                   2,089.02 11.11%
Retail (Automotive) 32  $                                         10,440.63  $                                        1,148.16 7.74%  $                                                      808.02 7.74%
Retail (Building Supply) 16  $                                           8,467.47  $                                        5,675.60 5.75%  $                                                      486.47 5.75%
Retail (Distributors) 68  $                                         26,834.39  $                                        3,348.78 15.42%  $                                                   4,137.71 15.42%
Retail (General) 16  $                                         38,525.40  $                                         (993.30) 8.11%  $                                                   3,125.50 8.11%
Retail (Grocery and Food) 15  $                                           5,939.32  $                                           310.97 6.33%  $                                                      376.01 6.33%
Retail (Online) 60  $                                         30,567.27  $                                        3,019.60 6.58%  $                                                   2,012.84 6.58%
Retail (Special Lines) 76  $                                         23,229.62  $                                        1,145.28 7.99%  $                                                   1,856.58 7.99%
Rubber& Tires 2  $                                           1,017.00  $                                           624.00 4.70%  $                                                        47.84 4.70%
Semiconductor 67  $                                       144,052.03  $                                      22,407.39 24.17%  $                                                 34,816.09 24.17%
Semiconductor Equip 34  $                                         11,965.27  $                                           181.38 13.77%  $                                                   1,648.10 13.77%
Shipbuilding & Marine 8  $                                              766.50  $                                         (219.10) 6.57%  $                                                        50.38 6.57%
Shoe 12  $                                           1,123.83  $                                           187.08 2.09%  $                                                        23.46 2.09%
Software (Entertainment) 88  $                                         59,745.31  $                                        5,280.85 10.13%  $                                                   6,049.78 10.13%
Software (Internet) 36  $                                         24,308.66  $                                      10,023.56 33.59%  $                                                   8,165.53 33.59%
Software (System & Application) 375  $                                       274,630.04  $                                      67,602.62 28.25%  $                                                 77,573.55 28.25%
Steel 28  $                                           8,375.18  $                                        2,412.76 7.60%  $                                                      636.17 7.60%
Telecom (Wireless) 17  $                                         13,232.37  $                                        1,640.65 5.77%  $                                                      763.31 5.77%
Telecom. Equipment 82  $                                         62,861.12  $                                        9,365.53 34.40%  $                                                 21,623.57 34.40%
Telecom. Services 42  $                                       181,196.74  $                                    (15,093.44) 17.91%  $                                                 32,458.47 17.91%
Tobacco 16  $                                         12,411.92  $                                        1,219.10 14.17%  $                                                   1,759.01 14.17%
Transportation 17  $                                         14,842.62  $                                        1,632.66 8.05%  $                                                   1,194.42 8.05%
Transportation (Railroads) 4  $                                                     -    $                                                   -   0.00%  $                                                             -   #DIV/0!
Trucking 34  $                                         16,241.57  $                                        2,109.10 9.81%  $                                                   1,593.12 9.81%
Utility (General) 16  $                                         27,410.80  $                                      (1,263.10) 4.94%  $                                                   1,353.45 4.94%
Utility (Water) 14  $                                           4,526.68  $                                             22.42 8.84%  $                                                      400.11 8.84%
Total Market 7229  $                                    4,617,882.55  $                                    379,635.19 7.22%  $                                               333,552.95 7.22%

Last updated in January 2022
By Aswath Damodaran