Margin/ ROIC
by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2026
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/ Invested Capital (LTM) | Return on Capital |
| Advertising | 52 | 9.69% | 3.85 | 37.32% |
| Aerospace/Defense | 79 | 7.76% | 2.74 | 21.29% |
| Air Transport | 23 | 4.49% | 1.80 | 8.09% |
| Apparel | 35 | 8.92% | 1.77 | 15.78% |
| Auto & Truck | 33 | 2.44% | 1.08 | 2.62% |
| Auto Parts | 35 | 5.09% | 2.39 | 12.17% |
| Bank (Money Center) | 15 | 0.06% | 0.19 | 0.01% |
| Banks (Regional) | 568 | -0.10% | 0.33 | -0.03% |
| Beverage (Alcoholic) | 14 | 19.97% | 0.79 | 15.74% |
| Beverage (Soft) | 27 | 19.22% | 1.54 | 29.68% |
| Broadcasting | 24 | 11.40% | 1.28 | 14.57% |
| Brokerage & Investment Banking | 32 | -0.08% | 0.27 | -0.02% |
| Building Materials | 41 | 10.54% | 2.06 | 21.72% |
| Business & Consumer Services | 155 | 11.10% | 2.80 | 31.06% |
| Cable TV | 9 | 16.28% | 0.74 | 12.10% |
| Chemical (Basic) | 29 | 2.61% | 1.49 | 3.89% |
| Chemical (Diversified) | 4 | 3.44% | 1.27 | 4.35% |
| Chemical (Specialty) | 59 | 10.76% | 1.11 | 11.89% |
| Coal & Related Energy | 16 | -3.73% | 1.29 | -4.81% |
| Computer Services | 64 | 7.01% | 5.19 | 36.37% |
| Computers/Peripherals | 36 | 21.59% | 3.62 | 78.17% |
| Construction Supplies | 40 | 12.77% | 1.45 | 18.48% |
| Diversified | 20 | 22.20% | 0.68 | 15.01% |
| Drugs (Biotechnology) | 496 | 8.86% | 0.82 | 7.26% |
| Drugs (Pharmaceutical) | 228 | 26.36% | 1.11 | 29.30% |
| Education | 32 | 11.64% | 1.63 | 18.94% |
| Electrical Equipment | 112 | 9.48% | 2.03 | 19.24% |
| Electronics (Consumer & Office) | 8 | -6.26% | 5.57 | -34.87% |
| Electronics (General) | 114 | 9.76% | 2.38 | 23.27% |
| Engineering/Construction | 48 | 5.84% | 4.36 | 25.45% |
| Entertainment | 92 | 10.26% | 1.39 | 14.27% |
| Environmental & Waste Services | 53 | 14.22% | 2.30 | 32.70% |
| Farming/Agriculture | 35 | 5.25% | 1.48 | 7.77% |
| Financial Svcs. (Non-bank & Insurance | 176 | 16.50% | 0.07 | 1.17% |
| Food Processing | 78 | 9.62% | 1.71 | 16.44% |
| Food Wholesalers | 13 | 2.31% | 7.71 | 17.84% |
| Furn/Home Furnishings | 27 | 6.02% | 1.96 | 11.79% |
| Green & Renewable Energy | 15 | 18.38% | 0.20 | 3.64% |
| Healthcare Products | 204 | 15.08% | 1.48 | 22.27% |
| Healthcare Support Services | 104 | 2.71% | 11.75 | 31.86% |
| Heathcare Information and Technology | 115 | 13.85% | 1.25 | 17.26% |
| Homebuilding | 30 | 10.49% | 1.42 | 14.91% |
| Hospitals/Healthcare Facilities | 31 | 11.40% | 1.95 | 22.23% |
| Hotel/Gaming | 63 | 15.23% | 1.04 | 15.84% |
| Household Products | 110 | 17.59% | 2.21 | 38.95% |
| Information Services | 15 | 10.21% | 2.51 | 25.65% |
| Insurance (General) | 21 | 18.72% | 2.41 | 45.11% |
| Insurance (Life) | 20 | 9.03% | 1.19 | 10.77% |
| Insurance (Prop/Cas.) | 57 | 12.49% | 1.48 | 18.49% |
| Investments & Asset Management | 283 | 24.37% | 0.59 | 14.36% |
| Machinery | 105 | 13.97% | 1.95 | 27.27% |
| Metals & Mining | 73 | 23.15% | 1.18 | 27.22% |
| Office Equipment & Services | 14 | 9.46% | 2.21 | 20.86% |
| Oil/Gas (Integrated) | 4 | 8.31% | 1.02 | 8.51% |
| Oil/Gas (Production and Exploration) | 142 | 24.03% | 0.57 | 13.79% |
| Oil/Gas Distribution | 23 | 23.67% | 0.52 | 12.35% |
| Oilfield Svcs/Equip. | 97 | 4.39% | 2.79 | 12.26% |
| Packaging & Container | 19 | 8.24% | 1.84 | 15.17% |
| Paper/Forest Products | 6 | 6.06% | 1.73 | 10.50% |
| Power | 46 | 18.64% | 0.37 | 6.93% |
| Precious Metals | 56 | 37.93% | 0.68 | 25.71% |
| Publishing & Newspapers | 19 | 8.92% | 2.16 | 19.31% |
| R.E.I.T. | 190 | 21.86% | 0.15 | 3.20% |
| Real Estate (Development) | 14 | 20.15% | 0.35 | 7.04% |
| Real Estate (General/Diversified) | 12 | 21.06% | 0.25 | 5.19% |
| Real Estate (Operations & Services) | 54 | 2.61% | 2.52 | 6.56% |
| Recreation | 49 | 7.14% | 1.24 | 8.87% |
| Reinsurance | 1 | 5.04% | 2.01 | 10.14% |
| Restaurant/Dining | 64 | 12.52% | 1.51 | 18.94% |
| Retail (Automotive) | 34 | 5.21% | 2.34 | 12.20% |
| Retail (Building Supply) | 14 | 10.41% | 3.41 | 35.47% |
| Retail (Distributors) | 62 | 8.82% | 1.83 | 16.13% |
| Retail (General) | 23 | 5.87% | 3.51 | 20.60% |
| Retail (Grocery and Food) | 15 | 1.50% | 4.65 | 6.98% |
| Retail (REITs) | 26 | 38.02% | 0.14 | 5.16% |
| Retail (Special Lines) | 94 | 7.26% | 2.99 | 21.70% |
| Rubber& Tires | 3 | 2.49% | 1.39 | 3.48% |
| Semiconductor | 66 | 34.66% | 1.21 | 41.83% |
| Semiconductor Equip | 31 | 24.24% | 1.85 | 44.88% |
| Shipbuilding & Marine | 8 | 12.81% | 0.94 | 11.99% |
| Shoe | 11 | 8.07% | 2.62 | 21.15% |
| Software (Entertainment) | 77 | 34.22% | 1.34 | 46.02% |
| Software (Internet) | 29 | 4.59% | 1.35 | 6.20% |
| Software (System & Application) | 309 | 32.62% | 1.54 | 50.17% |
| Steel | 19 | 3.73% | 1.80 | 6.72% |
| Telecom (Wireless) | 12 | 18.96% | 0.55 | 10.38% |
| Telecom. Equipment | 57 | 20.53% | 2.57 | 52.73% |
| Telecom. Services | 39 | 20.13% | 0.60 | 12.13% |
| Tobacco | 10 | 37.34% | 1.82 | 68.11% |
| Transportation | 19 | 7.05% | 1.98 | 13.93% |
| Transportation (Railroads) | 4 | 31.08% | 0.46 | 14.24% |
| Trucking | 26 | 6.38% | 1.47 | 9.36% |
| Utility (General) | 14 | 20.24% | 0.30 | 5.99% |
| Utility (Water) | 14 | 29.87% | 0.24 | 7.25% |
| Total Market | 5994 | 11.88% | 0.82 | 9.76% |
| Total Market (without financials) | 4822 | 12.33% | 1.43 | 17.69% |