Risk Measures by Market Cap Class (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2026

Critieria for inclusion: All publicly traded firms in the United States

Market Cap in millions of US$ Number of firms Aggregate Market Cap Cash/Firm Value Market Debt to capital ratio (median) Median Beta Correlation with market (median)  Standard deviation in stock price (median) Total Beta HiL0 Risk Measure (Hi- lo)/ (Hi+Lo) (median) Interest Coverage Ratio
Bottom decile 385 $5,995.70 5.11% 11.38% 0.73 11.83% 57.37% 6.21 0.5717 NA
2nd decile 393 $13,786.80 5.53% 10.28% 0.87 14.83% 61.27% 5.86 0.5199 NA
3rd decile 390 $29,986.20 7.39% 14.47% 0.82 16.43% 52.86% 5.00 0.4936 NA
4th decile 389 $67,277.30 7.02% 12.13% 1.00 21.91% 54.49% 4.58 0.4875 NA
5th decile 390 $147,949.50 6.93% 18.04% 0.97 27.57% 43.31% 3.53 0.3957 0.45
6th decile 389 $313,608.10 5.64% 17.62% 1.02 29.83% 42.56% 3.42 0.3907 0.50
7th decile 389 $698,237.80 5.21% 20.99% 0.98 33.02% 37.28% 2.98 0.3482 1.51
8th decile 390 $1,559,049.50 4.11% 17.72% 0.91 37.15% 31.26% 2.45 0.3029 2.65
9th decile 389 $3,958,411.20 2.83% 17.54% 0.88 38.73% 27.70% 2.28 0.2651 3.54
Top decile 390 $53,612,895.30 2.54% 13.62% 0.78 41.59% 24.12% 1.88 0.2286 9.23
All firms 3,894 $60,407,197.40 3.55% 11.46% 0.87 20.00% 39.73% 4.36 0.4503 6.50

 


Updated in January 2026
By Aswath Damodaran