Margin/ ROIC 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/mgnroc.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 After-tax Operating Margin Sales/Capital Return on Capital
Advertising 49 10.45% 4.81 50.20%
Aerospace/Defense 73 7.44% 1.98 14.76%
Air Transport 21 -22.41% 0.88 -19.81%
Apparel 39 11.16% 1.82 20.35%
Auto & Truck 26 5.69% 0.83 4.74%
Auto Parts 38 6.05% 2.44 14.77%
Bank (Money Center) 7 -0.03% 0.27 -0.01%
Banks (Regional) 563 -0.22% 0.38 -0.08%
Beverage (Alcoholic) 21 21.19% 0.72 15.28%
Beverage (Soft) 32 19.80% 1.38 27.30%
Broadcasting 28 16.04% 1.07 17.22%
Brokerage & Investment Banking 31 1.22% 0.30 0.37%
Building Materials 44 9.81% 3.10 30.44%
Business & Consumer Services 160 8.48% 2.74 23.26%
Cable TV 11 15.73% 0.81 12.77%
Chemical (Basic) 35 13.64% 2.00 27.31%
Chemical (Diversified) 4 9.47% 1.45 13.74%
Chemical (Specialty) 81 12.30% 1.22 15.02%
Coal & Related Energy 18 -2.66% 1.52 -4.04%
Computer Services 83 6.36% 3.37 21.41%
Computers/Peripherals 46 20.24% 2.22 44.93%
Construction Supplies 48 9.87% 1.30 12.88%
Diversified 22 27.85% 0.77 21.45%
Drugs (Biotechnology) 581 15.66% 0.47 7.30%
Drugs (Pharmaceutical) 298 28.62% 0.69 19.66%
Education 35 6.09% 1.17 7.10%
Electrical Equipment 104 11.42% 1.99 22.78%
Electronics (Consumer & Office) 16 5.35% 3.43 18.32%
Electronics (General) 137 9.93% 1.77 17.59%
Engineering/Construction 48 4.28% 3.73 15.99%
Entertainment 108 8.54% 1.18 10.06%
Environmental & Waste Services 58 12.34% 2.07 25.56%
Farming/Agriculture 36 7.06% 1.91 13.48%
Financial Svcs. (Non-bank & Insurance) 223 12.02% 0.05 0.59%
Food Processing 92 12.18% 1.60 19.54%
Food Wholesalers 15 1.70% 7.24 12.29%
Furn/Home Furnishings 32 9.80% 2.53 24.76%
Green & Renewable Energy 20 23.07% 0.25 5.73%
Healthcare Products 244 17.97% 1.04 18.64%
Healthcare Support Services 131 3.85% 8.33 32.05%
Heathcare Information and Technology 142 18.85% 1.22 23.06%
Homebuilding 29 13.26% 1.73 22.92%
Hospitals/Healthcare Facilities 31 11.33% 2.04 23.17%
Hotel/Gaming 66 -11.88% 0.39 -4.69%
Household Products 118 17.45% 2.28 39.78%
Information Services 79 21.63% 1.34 29.04%
Insurance (General) 23 15.03% 0.86 12.97%
Insurance (Life) 24 10.37% 0.63 6.49%
Insurance (Prop/Cas.) 52 13.65% 1.27 17.38%
Investments & Asset Management 687 15.93% 0.61 9.72%
Machinery 111 13.36% 2.04 27.22%
Metals & Mining 74 25.83% 1.40 36.12%
Office Equipment & Services 18 5.54% 2.43 13.47%
Oil/Gas (Integrated) 4 5.98% 0.86 5.12%
Oil/Gas (Production and Exploration) 183 -2.40% 0.64 -1.54%
Oil/Gas Distribution 21 14.95% 0.46 6.81%
Oilfield Svcs/Equip. 100 1.27% 2.23 2.82%
Packaging & Container 26 8.23% 1.87 15.40%
Paper/Forest Products 11 16.56% 2.71 44.89%
Power 50 15.78% 0.38 6.06%
Precious Metals 76 26.79% 0.55 14.75%
Publishing & Newspapers 21 6.90% 2.28 15.77%
R.E.I.T. 238 20.00% 0.14 2.75%
Real Estate (Development) 19 5.03% 0.26 1.29%
Real Estate (General/Diversified) 10 13.81% 0.36 5.01%
Real Estate (Operations & Services) 51 -2.08% 1.35 -2.80%
Recreation 60 9.95% 1.85 18.44%
Reinsurance 2 5.61% 1.19 6.69%
Restaurant/Dining 70 11.42% 1.29 14.72%
Retail (Automotive) 32 5.39% 2.87 15.47%
Retail (Building Supply) 16 12.01% 4.55 54.62%
Retail (Distributors) 68 8.67% 1.88 16.27%
Retail (General) 16 4.19% 4.99 20.88%
Retail (Grocery and Food) 15 1.58% 4.42 7.01%
Retail (Online) 60 6.89% 1.77 12.18%
Retail (Special Lines) 76 5.77% 2.99 17.28%
Rubber& Tires 2 4.62% 1.58 7.28%
Semiconductor 67 27.21% 0.80 21.70%
Semiconductor Equip 34 25.43% 1.46 37.24%
Shipbuilding & Marine 8 17.11% 0.88 15.01%
Shoe 12 13.86% 2.96 40.95%
Software (Entertainment) 88 31.91% 0.80 25.46%
Software (Internet) 36 2.17% 0.76 1.65%
Software (System & Application) 375 25.13% 1.00 25.03%
Steel 28 14.02% 2.66 37.25%
Telecom (Wireless) 17 9.61% 0.54 5.18%
Telecom. Equipment 82 19.35% 1.39 26.84%
Telecom. Services 42 19.54% 0.78 15.33%
Tobacco 16 40.72% 1.58 64.45%
Transportation 17 6.94% 3.03 21.05%
Transportation (Railroads) 4 34.36% 0.45 15.31%
Trucking 34 4.39% 1.31 5.76%
Utility (General) 16 17.11% 0.35 5.91%
Utility (Water) 14 26.94% 0.27 7.29%
Total Market 7229 11.18% 0.77 8.61%
Total Market (without financials) 6253 9.50% 1.11 10.58%

Last Updated in January 2022
By Aswath Damodaran