Goodwill Statistics 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/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 | 58 | $23,812.59 | -$507.44 | 32.31% | $681.40 | 2.86% |
| Aerospace/Defense | 77 | $159,462.44 | $674.99 | 26.84% | $42,799.83 | 26.84% |
| Air Transport | 21 | $20,130.90 | -$1,831.43 | 6.54% | $1,316.38 | 6.54% |
| Apparel | 39 | $9,451.97 | -$1,167.70 | 12.76% | $1,205.86 | 12.76% |
| Auto & Truck | 31 | $3,169.90 | $436.58 | 0.50% | $15.86 | 0.50% |
| Auto Parts | 37 | $8,539.10 | $40.35 | 11.35% | $969.22 | 11.35% |
| Bank (Money Center) | 7 | $175,106.06 | -$1,990.00 | 1.50% | $2,619.04 | 1.50% |
| Banks (Regional) | 557 | $143,242.14 | $18,357.81 | 2.30% | $3,300.30 | 2.30% |
| Beverage (Alcoholic) | 23 | $15,705.70 | $80.37 | 24.88% | $3,906.90 | 24.88% |
| Beverage (Soft) | 31 | $59,620.59 | $630.74 | 23.29% | $13,884.79 | 23.29% |
| Broadcasting | 26 | $37,270.80 | $816.48 | 25.24% | $9,405.74 | 25.24% |
| Brokerage & Investment Banking | 30 | $45,493.59 | $3,385.50 | 1.24% | $562.17 | 1.24% |
| Building Materials | 45 | $32,603.38 | $1,299.39 | 25.77% | $8,402.37 | 25.77% |
| Business & Consumer Services | 164 | $93,751.74 | $4,285.69 | 33.94% | $31,818.75 | 33.94% |
| Cable TV | 10 | $114,549.90 | -$13,028.60 | 21.04% | $24,096.42 | 21.04% |
| Chemical (Basic) | 38 | $16,566.36 | $693.80 | 10.79% | $1,786.91 | 10.79% |
| Chemical (Diversified) | 4 | $738.00 | -$105.00 | 4.26% | $31.42 | 4.26% |
| Chemical (Specialty) | 76 | $87,962.93 | -$6,003.01 | 22.53% | $19,817.98 | 22.53% |
| Coal & Related Energy | 19 | $103.90 | $4.20 | 0.66% | $0.69 | 0.66% |
| Computer Services | 80 | $80,642.79 | -$1,323.70 | 28.77% | $23,199.08 | 28.77% |
| Computers/Peripherals | 42 | $62,333.49 | -$21,166.50 | 10.37% | $6,464.03 | 10.37% |
| Construction Supplies | 49 | $30,761.63 | $2,470.60 | 12.82% | $3,943.08 | 12.82% |
| Diversified | 23 | $136,616.45 | $3,477.43 | 10.92% | $14,920.40 | 10.92% |
| Drugs (Biotechnology) | 598 | $68,027.17 | -$361.84 | 12.75% | $8,670.82 | 12.75% |
| Drugs (Pharmaceutical) | 281 | $161,312.94 | -$263.27 | 20.15% | $32,498.52 | 20.15% |
| Education | 33 | $8,152.19 | $343.74 | 27.04% | $2,204.23 | 27.04% |
| Electrical Equipment | 110 | $46,758.29 | $12,785.80 | 29.20% | $13,655.54 | 29.20% |
| Electronics (Consumer & Office) | 16 | $981.80 | $88.40 | 15.96% | $156.66 | 15.96% |
| Electronics (General) | 138 | $43,281.78 | $5,488.11 | 24.55% | $10,626.73 | 24.55% |
| Engineering/Construction | 43 | $19,223.82 | $3,263.78 | 18.23% | $3,504.90 | 18.23% |
| Entertainment | 110 | $155,173.37 | $27,821.40 | 28.79% | $44,670.33 | 28.79% |
| Environmental & Waste Services | 62 | $36,026.76 | $2,618.50 | 38.75% | $13,959.56 | 38.75% |
| Farming/Agriculture | 39 | $8,077.53 | -$133.95 | 3.87% | $312.39 | 3.87% |
| Financial Svcs. (Non-bank & Insurance) | 223 | $134,133.50 | $35,050.29 | 1.20% | $1,610.06 | 1.20% |
| Food Processing | 92 | $131,282.63 | -$1,262.07 | 32.23% | $42,314.42 | 32.23% |
| Food Wholesalers | 14 | $12,920.40 | $117.10 | 20.12% | $2,599.01 | 20.12% |
| Furn/Home Furnishings | 32 | $8,198.94 | -$1,101.68 | 15.04% | $1,233.27 | 15.04% |
| Green & Renewable Energy | 19 | $847.96 | -$135.87 | 1.26% | $10.72 | 1.26% |
| Healthcare Products | 254 | $125,349.30 | $8,520.49 | 31.06% | $38,929.87 | 31.06% |
| Healthcare Support Services | 131 | $341,949.44 | $6,514.96 | 28.95% | $99,002.27 | 28.95% |
| Heathcare Information and Technology | 138 | $142,644.97 | -$1,111.20 | 40.29% | $57,478.58 | 40.29% |
| Homebuilding | 32 | $7,420.85 | $753.60 | 4.27% | $316.79 | 4.27% |
| Hospitals/Healthcare Facilities | 34 | $30,784.67 | $982.88 | 20.92% | $6,438.63 | 20.92% |
| Hotel/Gaming | 69 | $65,930.60 | $8,864.13 | 15.25% | $10,051.60 | 15.25% |
| Household Products | 127 | $65,149.62 | -$1,809.83 | 25.77% | $16,790.94 | 25.77% |
| Information Services | 73 | $202,535.50 | $12,997.08 | 32.82% | $66,470.34 | 32.82% |
| Insurance (General) | 21 | $38,442.18 | $2,885.85 | 5.17% | $1,987.26 | 5.17% |
| Insurance (Life) | 27 | $15,198.00 | $200.60 | 0.57% | $86.89 | 0.57% |
| Insurance (Prop/Cas.) | 51 | $20,973.70 | $773.37 | 2.68% | $562.91 | 2.68% |
| Investments & Asset Management | 600 | $75,416.93 | $4,385.71 | 4.26% | $3,214.68 | 4.26% |
| Machinery | 116 | $79,274.57 | $4,978.51 | 31.47% | $24,948.58 | 31.47% |
| Metals & Mining | 68 | $957.00 | $225.20 | 0.95% | $9.13 | 0.95% |
| Office Equipment & Services | 16 | $3,244.19 | -$1,546.11 | 15.36% | $498.26 | 15.36% |
| Oil/Gas (Integrated) | 4 | $4,663.00 | $261.00 | 0.66% | $30.95 | 0.66% |
| Oil/Gas (Production and Exploration) | 174 | $4,714.14 | -$69.91 | 0.91% | $42.89 | 0.91% |
| Oil/Gas Distribution | 23 | $21,789.22 | -$25.14 | 8.23% | $1,793.12 | 8.23% |
| Oilfield Svcs/Equip. | 101 | $40,119.52 | $1,006.80 | 9.06% | $3,635.54 | 9.06% |
| Packaging & Container | 25 | $37,995.18 | -$778.28 | 21.03% | $7,989.41 | 21.03% |
| Paper/Forest Products | 7 | $262.26 | -$90.34 | 3.07% | $8.06 | 3.07% |
| Power | 48 | $69,250.78 | $2,193.90 | 4.50% | $3,114.22 | 4.50% |
| Precious Metals | 74 | $2,826.39 | $5.41 | 5.02% | $142.02 | 5.02% |
| Publishing & Newspapers | 20 | $9,546.01 | $249.97 | 28.24% | $2,695.38 | 28.24% |
| R.E.I.T. | 223 | $58,390.88 | $7,948.85 | 3.23% | $1,883.57 | 3.23% |
| Real Estate (Development) | 18 | $0.00 | $0.00 | 0.00% | $0.00 | #DIV/0! |
| Real Estate (General/Diversified) | 12 | $20.26 | $0.20 | 0.34% | $0.07 | 0.34% |
| Real Estate (Operations & Services) | 60 | $17,814.75 | $1,184.90 | 15.12% | $2,694.03 | 15.12% |
| Recreation | 57 | $15,545.81 | $1,350.94 | 20.02% | $3,111.59 | 20.02% |
| Reinsurance | 1 | $0.00 | $0.00 | 0.00% | $0.00 | #DIV/0! |
| Restaurant/Dining | 70 | $19,143.03 | $435.32 | 11.58% | $2,215.92 | 11.58% |
| Retail (Automotive) | 30 | $14,585.39 | $4,173.26 | 9.39% | $1,369.47 | 9.39% |
| Retail (Building Supply) | 15 | $8,067.99 | -$391.80 | 5.40% | $435.96 | 5.40% |
| Retail (Distributors) | 69 | $28,234.51 | $3,196.94 | 14.86% | $4,197.00 | 14.86% |
| Retail (General) | 15 | $37,770.10 | -$755.30 | 7.75% | $2,928.08 | 7.75% |
| Retail (Grocery and Food) | 13 | $6,088.40 | $159.20 | 6.32% | $384.75 | 6.32% |
| Retail (Online) | 63 | $32,916.91 | $2,735.86 | 6.64% | $2,186.22 | 6.64% |
| Retail (Special Lines) | 78 | $33,311.54 | $10,091.26 | 11.49% | $3,827.22 | 11.49% |
| Rubber& Tires | 3 | $1,000.03 | -$25.39 | 4.27% | $42.66 | 4.27% |
| Semiconductor | 68 | $172,596.41 | $29,173.80 | 25.57% | $44,129.73 | 25.57% |
| Semiconductor Equip | 30 | $17,880.80 | $6,963.20 | 16.98% | $3,035.56 | 16.98% |
| Shipbuilding & Marine | 8 | $766.50 | $0.00 | 5.82% | $44.57 | 5.82% |
| Shoe | 13 | $1,847.30 | $723.47 | 3.14% | $57.96 | 3.14% |
| Software (Entertainment) | 91 | $70,581.36 | $11,902.46 | 11.66% | $8,229.82 | 11.66% |
| Software (Internet) | 33 | $22,584.46 | $602.10 | 32.89% | $7,429.12 | 32.89% |
| Software (System & Application) | 390 | $339,837.68 | $66,473.09 | 32.34% | $109,892.65 | 32.34% |
| Steel | 28 | $10,074.89 | $1,699.71 | 7.84% | $789.45 | 7.84% |
| Telecom (Wireless) | 16 | $13,315.89 | $83.52 | 5.51% | $733.23 | 5.51% |
| Telecom. Equipment | 79 | $58,814.46 | $465.17 | 33.69% | $19,816.56 | 33.69% |
| Telecom. Services | 49 | $139,266.86 | -$37,384.57 | 15.53% | $21,627.02 | 15.53% |
| Tobacco | 15 | $11,716.26 | -$680.56 | 14.46% | $1,693.80 | 14.46% |
| Transportation | 18 | $15,510.21 | $667.09 | 8.08% | $1,252.87 | 8.08% |
| Transportation (Railroads) | 4 | $263.10 | $23.20 | 0.18% | $0.46 | 0.18% |
| Trucking | 35 | $19,280.84 | $3,044.50 | 11.04% | $2,128.37 | 11.04% |
| Utility (General) | 15 | $26,576.20 | -$117.00 | 4.68% | $1,244.72 | 4.68% |
| Utility (Water) | 16 | $4,177.42 | -$348.81 | 7.64% | $319.34 | 7.64% |
| Total Market | 7165 | $4,796,453.66 | $237,612.24 | 7.36% | $352,947.45 | 7.36% |
| Total Market (without financials) | 5649 | $4,148,447.56 | $174,563.11 | 15.68% | $650,667.78 | 15.68% |
Last updated in January 2023
By Aswath Damodaran