Margin/ ROIC by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2021

Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/mgnroc.xls

For global datasets: http://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 61 9.97% 5.17 51.51%
Aerospace/Defense 72 7.33% 2.61 19.11%
Air Transport 17 -18.19% 0.88 -16.07%
Apparel 51 5.63% 1.34 7.54%
Auto & Truck 19 1.58% 0.74 1.17%
Auto Parts 52 3.54% 1.82 6.46%
Bank (Money Center) 7 -0.09% 0.14 -0.01%
Banks (Regional) 598 -0.34% 0.24 -0.08%
Beverage (Alcoholic) 23 22.57% 0.64 14.43%
Beverage (Soft) 41 19.45% 1.37 26.74%
Broadcasting 29 17.27% 0.98 16.92%
Brokerage & Investment Banking 39 -0.01% 0.22 0.00%
Building Materials 42 9.32% 2.59 24.17%
Business & Consumer Services 169 8.50% 2.16 18.33%
Cable TV 13 14.65% 0.76 11.09%
Chemical (Basic) 48 7.06% 1.35 9.53%
Chemical (Diversified) 5 5.74% 1.03 5.93%
Chemical (Specialty) 97 11.40% 1.04 11.84%
Coal & Related Energy 29 -8.61% 0.87 -7.50%
Computer Services 116 7.58% 3.03 22.98%
Computers/Peripherals 52 15.40% 1.81 27.82%
Construction Supplies 46 8.23% 1.21 9.93%
Diversified 29 16.96% 0.79 13.44%
Drugs (Biotechnology) 547 12.87% 0.48 6.22%
Drugs (Pharmaceutical) 287 24.93% 0.81 20.31%
Education 38 8.47% 1.17 9.89%
Electrical Equipment 122 12.27% 1.80 22.12%
Electronics (Consumer & Office) 22 2.56% 1.82 4.66%
Electronics (General) 157 7.44% 1.49 11.08%
Engineering/Construction 61 3.91% 3.80 14.85%
Entertainment 118 7.47% 1.07 7.96%
Environmental & Waste Services 86 11.77% 1.63 19.19%
Farming/Agriculture 32 6.18% 1.48 9.12%
Financial Svcs. (Non-bank & Insurance) 235 10.66% 0.04 0.40%
Food Processing 101 11.84% 1.48 17.53%
Food Wholesalers 18 1.53% 5.82 8.89%
Furn/Home Furnishings 40 7.77% 1.88 14.59%
Green & Renewable Energy 25 25.43% 0.27 6.89%
Healthcare Products 265 13.72% 0.96 13.22%
Healthcare Support Services 129 4.57% 7.72 35.27%
Heathcare Information and Technology 139 13.14% 1.24 16.35%
Homebuilding 30 9.94% 1.37 13.58%
Hospitals/Healthcare Facilities 32 8.71% 1.51 13.18%
Hotel/Gaming 66 -13.72% 0.38 -5.24%
Household Products 140 17.35% 2.02 34.99%
Information Services 77 21.32% 1.14 24.34%
Insurance (General) 21 11.30% 0.82 9.26%
Insurance (Life) 26 7.20% 0.60 4.33%
Insurance (Prop/Cas.) 55 9.71% 1.11 10.74%
Investments & Asset Management 348 15.97% 0.45 7.24%
Machinery 125 12.04% 1.78 21.42%
Metals & Mining 86 11.07% 0.97 10.75%
Office Equipment & Services 22 6.51% 1.97 12.84%
Oil/Gas (Integrated) 3 -3.62% 0.64 -2.33%
Oil/Gas (Production and Exploration) 278 -20.56% 0.31 -6.33%
Oil/Gas Distribution 57 16.59% 0.54 9.01%
Oilfield Svcs/Equip. 135 0.69% 1.88 1.29%
Packaging & Container 26 8.32% 1.47 12.25%
Paper/Forest Products 15 5.65% 1.48 8.38%
Power 55 17.67% 0.38 6.80%
Precious Metals 93 21.40% 0.46 9.87%
Publishing & Newspapers 29 5.01% 2.09 10.48%
R.E.I.T. 238 18.81% 0.11 2.05%
Real Estate (Development) 25 -6.51% 0.22 -1.41%
Real Estate (General/Diversified) 11 5.91% 0.33 1.96%
Real Estate (Operations & Services) 61 3.89% 2.05 7.97%
Recreation 69 6.07% 1.42 8.65%
Reinsurance 2 3.68% 1.02 3.74%
Restaurant/Dining 79 6.34% 1.14 7.24%
Retail (Automotive) 30 4.84% 2.09 10.10%
Retail (Building Supply) 15 10.82% 3.46 37.47%
Retail (Distributors) 85 6.94% 1.68 11.67%
Retail (General) 17 3.58% 4.10 14.67%
Retail (Grocery and Food) 14 2.34% 4.11 9.63%
Retail (Online) 75 6.13% 1.80 11.04%
Retail (Special Lines) 85 2.31% 2.29 5.29%
Rubber& Tires 3 0.01% 1.07 0.01%
Semiconductor 70 23.25% 0.75 17.39%
Semiconductor Equip 40 21.53% 1.30 27.89%
Shipbuilding & Marine 11 5.53% 0.68 3.74%
Shoe 11 8.34% 2.50 20.90%
Software (Entertainment) 101 21.68% 0.68 14.73%
Software (Internet) 36 6.62% 1.01 6.66%
Software (System & Application) 388 24.26% 0.92 22.28%
Steel 32 3.41% 1.70 5.81%
Telecom (Wireless) 16 12.21% 0.84 10.22%
Telecom. Equipment 96 18.13% 1.20 21.80%
Telecom. Services 58 18.32% 0.75 13.78%
Tobacco 15 39.18% 1.16 45.33%
Transportation 21 5.43% 2.45 13.32%
Transportation (Railroads) 6 32.66% 0.40 12.97%
Trucking 35 -4.83% 0.84 -4.04%
Utility (General) 16 18.19% 0.37 6.79%
Utility (Water) 17 26.95% 0.30 8.05%
Total Market 7582 9.06% 0.67 6.05%
Total Market (without financials) 6253 9.50% 1.11 10.58%

Last Updated in January 2021
By Aswath Damodaran