Goodwill Statistics 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/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 57  $                                         22,298.69  $                                      (1,350.52) 31.45%  $                                                   2,358.66 10.58%
Aerospace/Defense 70  $                                       163,170.87  $                                        7,157.94 26.72%  $                                                    (595.77) -0.37%
Air Transport 25  $                                         19,890.04  $                                         (178.87) 6.33%  $                                                      244.20 1.23%
Apparel 38  $                                           8,950.89  $                                         (505.68) 12.68%  $                                                      612.90 6.85%
Auto & Truck 34  $                                           2,711.90  $                                         (458.00) 0.39%  $                                                        51.60 1.90%
Auto Parts 39  $                                           9,102.09  $                                           721.59 11.55%  $                                                        19.50 0.21%
Bank (Money Center) 15  $                                       199,002.06  $                                        3,876.00 1.48%  $                                                             -   0.00%
Banks (Regional) 625  $                                       128,539.64  $                                           454.19 2.42%  $                                                   1,748.00 1.36%
Beverage (Alcoholic) 19  $                                         15,628.12  $                                           (88.30) 24.09%  $                                                   1,007.00 6.44%
Beverage (Soft) 29  $                                         59,066.99  $                                         (553.60) 21.96%  $                                                             -   0.00%
Broadcasting 22  $                                         35,829.18  $                                      (1,354.92) 25.91%  $                                                   1,464.56 4.09%
Brokerage & Investment Banking 27  $                                         45,139.89  $                                             77.00 1.25%  $                                                      531.50 1.18%
Building Materials 44  $                                         32,438.28  $                                         (924.90) 25.59%  $                                                        33.96 0.10%
Business & Consumer Services 162  $                                         95,629.97  $                                        1,867.17 27.45%  $                                                   2,792.71 2.92%
Cable TV 10  $                                       116,315.80  $                                        1,765.90 20.85%  $                                                             -   0.00%
Chemical (Basic) 32  $                                         14,946.65  $                                      (1,068.01) 9.97%  $                                                   1,002.00 6.70%
Chemical (Diversified) 4  $                                              741.00  $                                               3.00 4.46%  $                                                             -   0.00%
Chemical (Specialty) 68  $                                         95,826.90  $                                        8,385.30 24.19%  $                                                      127.00 0.13%
Coal & Related Energy 18  $                                              103.90  $                                                   -   0.70%  $                                                             -   0.00%
Computer Services 72  $                                         87,028.95  $                                        6,445.25 30.89%  $                                                      117.82 0.14%
Computers/Peripherals 36  $                                         63,080.47  $                                           798.18 10.65%  $                                                        19.93 0.03%
Construction Supplies 45  $                                         30,694.49  $                                           199.70 11.82%  $                                                      925.00 3.01%
Diversified 23  $                                       137,409.17  $                                           738.22 10.23%  $                                                      356.13 0.26%
Drugs (Biotechnology) 572  $                                         70,255.62  $                                        2,600.36 12.79%  $                                                      556.21 0.79%
Drugs (Pharmaceutical) 245  $                                       163,666.72  $                                        2,383.16 20.30%  $                                                   3,664.59 2.24%
Education 31  $                                           8,209.80  $                                             55.67 28.33%  $                                                      175.59 2.14%
Electrical Equipment 103  $                                         47,130.86  $                                        2,782.26 27.12%  $                                                   1,503.15 3.19%
Electronics (Consumer & Office) 13  $                                              928.20  $                                           (53.60) 16.77%  $                                                        56.47 6.08%
Electronics (General) 129  $                                         44,258.96  $                                             41.61 24.75%  $                                                      207.73 0.47%
Engineering/Construction 43  $                                         19,717.44  $                                           887.86 17.53%  $                                                      139.10 0.71%
Entertainment 98  $                                       156,956.75  $                                      10,717.05 29.81%  $                                                   1,776.25 1.13%
Environmental & Waste Services 57  $                                         41,368.44  $                                        5,543.55 39.49%  $                                                        15.28 0.04%
Farming/Agriculture 42  $                                           8,949.83  $                                           675.97 3.99%  $                                                        64.42 0.72%
Financial Svcs. (Non-bank & Insurance) 172  $                                       284,786.90  $                                    (16,304.60) 2.45%  $                                                 18,644.12 6.55%
Food Processing 82  $                                       130,603.09  $                                           291.66 31.81%  $                                                   1,438.18 1.10%
Food Wholesalers 14  $                                         13,534.56  $                                           529.06 20.38%  $                                                             -   0.00%
Furn/Home Furnishings 31  $                                           9,901.62  $                                        1,393.79 17.12%  $                                                      869.65 8.78%
Green & Renewable Energy 17  $                                              939.36  $                                           (67.20) 1.24%  $                                                             -   0.00%
Healthcare Products 230  $                                       142,587.65  $                                        6,074.23 31.61%  $                                                   1,011.40 0.71%
Healthcare Support Services 119  $                                       367,134.69  $                                      27,821.57 29.16%  $                                                   3,895.45 1.06%
Heathcare Information and Technology 128  $                                       140,484.65  $                                        3,077.25 39.32%  $                                                   6,234.54 4.44%
Homebuilding 32  $                                           7,617.35  $                                           196.50 4.46%  $                                                             -   0.00%
Hospitals/Healthcare Facilities 32  $                                         30,436.57  $                                         (259.18) 20.16%  $                                                      713.23 2.34%
Hotel/Gaming 68  $                                         67,962.37  $                                         (502.63) 15.33%  $                                                   1,440.00 2.12%
Household Products 93  $                                         74,489.13  $                                        1,179.28 26.32%  $                                                   1,142.29 1.53%
Information Services 18  $                                         20,514.50  $                                         (772.90) 41.77%  $                                                      824.25 4.02%
Insurance (General) 21  $                                         40,013.64  $                                        2,072.46 5.70%  $                                                        24.20 0.06%
Insurance (Life) 23  $                                         14,553.00  $                                         (615.50) 0.54%  $                                                   1,375.60 9.45%
Insurance (Prop/Cas.) 50  $                                         22,948.51  $                                           182.59 2.55%  $                                                      188.51 0.82%
Investments & Asset Management 334  $                                         75,033.68  $                                         (261.83) 4.53%  $                                                   1,556.86 2.07%
Machinery 103  $                                         87,776.98  $                                      10,598.06 32.93%  $                                                      795.56 0.91%
Metals & Mining 68  $                                              722.19  $                                           (11.41) 0.76%  $                                                        55.40 7.67%
Office Equipment & Services 17  $                                           3,286.72  $                                      (1,127.07) 16.18%  $                                                      118.60 3.61%
Oil/Gas (Integrated) 4  $                                           4,722.00  $                                             59.00 0.67%  $                                                             -   0.00%
Oil/Gas (Production and Exploration) 166  $                                           6,078.09  $                                        1,364.39 1.09%  $                                                        94.30 1.55%
Oil/Gas Distribution 24  $                                         27,485.64  $                                        5,689.11 9.45%  $                                                          0.17 0.00%
Oilfield Svcs/Equip. 100  $                                         41,031.96  $                                        1,638.44 8.84%  $                                                        62.72 0.15%
Packaging & Container 22  $                                         38,348.58  $                                           354.42 21.09%  $                                                        76.00 0.20%
Paper/Forest Products 7  $                                              258.46  $                                             (3.80) 3.06%  $                                                        76.40 29.56%
Power 50  $                                         71,107.18  $                                        2,563.40 4.38%  $                                                   2,078.70 2.92%
Precious Metals 61  $                                           2,033.92  $                                         (792.29) 3.17%  $                                                      800.00 39.33%
Publishing & Newspapers 21  $                                           9,701.59  $                                         (210.72) 29.11%  $                                                      126.50 1.30%
R.E.I.T. 193  $                                         54,825.50  $                                           417.09 3.25%  $                                                      810.79 1.48%
Real Estate (Development) 17  $                                                22.67  $                                             22.67 0.18%  $                                                             -   0.00%
Real Estate (General/Diversified) 11  $                                                51.46  $                                             31.20 0.81%  $                                                             -   0.00%
Real Estate (Operations & Services) 60  $                                         19,101.19  $                                         (965.26) 17.58%  $                                                      526.30 2.76%
Recreation 55  $                                         15,930.55  $                                         (502.28) 19.56%  $                                                      632.37 3.97%
Reinsurance 1  $                                                     -    $                                                   -   0.00%  $                                                             -   NA
Restaurant/Dining 64  $                                         21,150.45  $                                           824.18 11.71%  $                                                        39.48 0.19%
Retail (Automotive) 30  $                                         14,584.77  $                                         (751.40) 8.75%  $                                                   1,295.10 8.88%
Retail (Building Supply) 16  $                                           8,673.16  $                                           599.01 6.10%  $                                                      109.10 1.26%
Retail (Distributors) 62  $                                         29,018.01  $                                        2,906.25 14.52%  $                                                        60.46 0.21%
Retail (General) 26  $                                         68,412.48  $                                        2,703.47 6.57%  $                                                          6.75 0.01%
Retail (Grocery and Food) 14  $                                           6,268.22  $                                           (85.04) 6.25%  $                                                      160.00 2.55%
Retail (REITs) 28  $                                           4,153.30  $                                                   -   1.94%  $                                                          5.13 0.12%
Retail (Special Lines) 105  $                                         37,719.90  $                                        4,218.68 12.31%  $                                                   2,749.21 7.29%
Rubber& Tires 3  $                                           1,015.03  $                                             15.00 4.50%  $                                                             -   0.00%
Semiconductor 63  $                                       173,260.71  $                                        1,059.60 24.43%  $                                                      429.63 0.25%
Semiconductor Equip 30  $                                         16,453.50  $                                      (1,495.40) 14.82%  $                                                   1,730.80 10.52%
Shipbuilding & Marine 8  $                                              769.61  $                                               3.11 5.93%  $                                                             -   0.00%
Shoe 13  $                                           1,789.90  $                                           (57.40) 3.17%  $                                                      428.70 23.95%
Software (Entertainment) 84  $                                         69,449.82  $                                         (587.93) 10.25%  $                                                      266.34 0.38%
Software (Internet) 35  $                                         21,376.69  $                                      (1,219.77) 33.12%  $                                                      484.91 2.27%
Software (System & Application) 351  $                                       325,714.69  $                                        8,499.18 29.41%  $                                                   1,753.32 0.54%
Steel 29  $                                           9,909.59  $                                           247.70 7.46%  $                                                        50.70 0.51%
Telecom (Wireless) 13  $                                         13,177.09  $                                         (131.00) 5.60%  $                                                      136.30 1.03%
Telecom. Equipment 66  $                                         59,407.44  $                                           950.91 31.01%  $                                                   1,656.43 2.79%
Telecom. Services 42  $                                       102,267.99  $                                    (36,921.62) 11.75%  $                                                 36,924.81 36.11%
Tobacco 16  $                                         23,656.33  $                                      11,937.10 22.34%  $                                                      724.84 3.06%
Transportation 36  $                                         26,939.34  $                                           685.87 9.46%  $                                                      195.20 0.72%
Transportation (Railroads) 4  $                                              275.40  $                                         (339.70) 0.18%  $                                                             -   0.00%
Trucking 22  $                                           8,311.70  $                                         (267.60) 8.90%  $                                                        64.00 0.77%
Utility (General) 14  $                                         18,965.20  $                                      (3,317.00) 3.40%  $                                                             -   0.00%
Utility (Water) 13  $                                           4,187.41  $                                             13.52 7.03%  $                                                             -   0.00%
Total Market 6481  $                                    4,837,922.20  $                                      84,289.77 7.23%  $                                               115,858.76 2.39%
Total Market (without financials) 5214  $                                    4,027,904.88  $                                      94,809.47 14.93%  $                                                 91,789.97 2.28%

Last updated in January 2024
By Aswath Damodaran