Industry Name |
Number of firms |
Unadjusted pre-tax ROIC |
Lease Adjusted pre-tax ROIC |
Lease & R&D adjusted pre-tax ROIC |
Unadjusted after-tax ROIC |
Lease Adjusted after-tax ROIC |
Lease & R&D adjusted after-tax ROIC |
Normalized ROIC (last 10 years) |
Advertising |
41 |
-586.76% |
75.81% |
75.68% |
-556.86% |
71.95% |
71.83% |
71.86% |
Aerospace/Defense |
96 |
73.85% |
55.41% |
35.60% |
65.83% |
49.39% |
31.88% |
44.49% |
Air Transport |
18 |
46.55% |
23.27% |
23.18% |
35.85% |
17.92% |
17.86% |
12.33% |
Apparel |
58 |
25.40% |
16.72% |
16.63% |
22.61% |
14.89% |
14.81% |
21.91% |
Auto & Truck |
15 |
53.28% |
7.53% |
6.38% |
48.94% |
6.92% |
5.87% |
1.58% |
Auto
Parts |
63 |
32.76% |
29.25% |
23.62% |
29.35% |
26.21% |
21.28% |
15.36% |
Bank (Money Center) |
10 |
0.00% |
-0.02% |
-0.02% |
0.00% |
-0.01% |
-0.01% |
0.00% |
Banks
(Regional) |
645 |
0.00% |
-0.03% |
-0.03% |
0.00% |
-0.03% |
-0.03% |
0.00% |
Beverage (Alcoholic) |
25 |
22.80% |
20.12% |
20.12% |
20.32% |
17.93% |
17.93% |
14.81% |
Beverage
(Soft) |
36 |
39.90% |
27.63% |
26.89% |
37.56% |
26.01% |
25.31% |
33.50% |
Broadcasting |
30 |
27.96% |
23.97% |
23.94% |
22.77% |
19.53% |
19.50% |
19.43% |
Brokerage
& Investment Banking |
45 |
0.07% |
-0.01% |
-0.01% |
0.06% |
-0.01% |
-0.01% |
0.03% |
Building Materials |
41 |
27.89% |
25.27% |
23.99% |
21.36% |
19.36% |
18.39% |
18.00% |
Business
& Consumer Services |
165 |
39.84% |
27.87% |
27.28% |
34.82% |
24.36% |
23.85% |
25.58% |
Cable TV |
14 |
20.31% |
18.44% |
18.39% |
16.19% |
14.70% |
14.66% |
9.86% |
Chemical
(Basic) |
45 |
19.34% |
16.65% |
16.09% |
17.85% |
15.37% |
14.85% |
9.42% |
Chemical (Diversified) |
8 |
24.35% |
20.32% |
16.74% |
22.74% |
18.98% |
15.62% |
17.63% |
Chemical
(Specialty) |
100 |
24.69% |
21.63% |
18.97% |
22.33% |
19.55% |
17.15% |
23.88% |
Coal & Related Energy |
38 |
-10.12% |
-8.22% |
-8.07% |
-10.07% |
-8.18% |
-8.03% |
9.65% |
Computer
Services |
117 |
74.29% |
44.75% |
33.33% |
65.99% |
39.75% |
29.66% |
45.35% |
Computers/Peripherals |
55 |
37.29% |
32.54% |
25.82% |
35.17% |
30.69% |
24.35% |
37.44% |
Construction
Supplies |
51 |
25.31% |
13.37% |
11.64% |
20.65% |
10.90% |
9.45% |
15.99% |
Diversified |
24 |
11.10% |
9.59% |
9.13% |
9.82% |
8.48% |
8.08% |
10.54% |
Drugs
(Biotechnology) |
426 |
28.47% |
24.92% |
15.53% |
28.06% |
24.56% |
15.33% |
12.93% |
Drugs (Pharmaceutical) |
164 |
29.64% |
25.85% |
16.97% |
28.88% |
25.19% |
16.55% |
31.05% |
Education |
36 |
23.46% |
13.65% |
13.24% |
21.28% |
12.38% |
12.03% |
41.77% |
Electrical Equipment |
119 |
35.75% |
27.67% |
23.01% |
33.65% |
26.04% |
21.63% |
34.95% |
Electronics
(Consumer & Office) |
24 |
9.10% |
6.54% |
5.93% |
8.75% |
6.30% |
5.79% |
17.43% |
Electronics (General) |
164 |
15.58% |
14.51% |
11.74% |
14.20% |
13.23% |
10.74% |
15.61% |
Engineering/Construction |
48 |
22.97% |
18.28% |
18.21% |
19.49% |
15.51% |
15.45% |
27.77% |
Entertainment |
79 |
45.59% |
35.11% |
35.08% |
43.08% |
33.18% |
33.15% |
23.45% |
Environmental
& Waste Services |
89 |
24.56% |
21.69% |
21.58% |
23.32% |
20.59% |
20.48% |
21.56% |
Farming/Agriculture |
37 |
12.59% |
7.79% |
7.30% |
11.60% |
7.18% |
6.73% |
12.51% |
Financial
Svcs. (Non-bank & Insurance) |
258 |
0.28% |
0.26% |
0.26% |
0.22% |
0.21% |
0.21% |
0.19% |
Food Processing |
87 |
27.58% |
23.57% |
22.79% |
23.53% |
20.12% |
19.45% |
19.55% |
Food
Wholesalers |
16 |
24.87% |
22.77% |
22.77% |
21.94% |
20.09% |
20.09% |
22.23% |
Furn/Home Furnishings |
30 |
32.28% |
23.55% |
21.22% |
27.57% |
20.12% |
18.14% |
15.93% |
Green
& Renewable Energy |
25 |
7.12% |
3.95% |
3.95% |
6.82% |
3.78% |
3.78% |
0.70% |
Healthcare Products |
254 |
24.57% |
21.90% |
17.53% |
23.07% |
20.56% |
16.50% |
25.59% |
Healthcare
Support Services |
121 |
72.53% |
49.91% |
48.81% |
62.15% |
42.77% |
41.84% |
46.03% |
Heathcare Information and
Technology |
125 |
24.64% |
21.00% |
16.84% |
23.08% |
19.67% |
15.81% |
17.20% |
Homebuilding |
33 |
14.07% |
11.97% |
11.97% |
10.23% |
8.71% |
8.71% |
3.85% |
Hospitals/Healthcare Facilities |
38 |
21.88% |
15.28% |
15.28% |
19.24% |
13.44% |
13.44% |
14.14% |
Hotel/Gaming |
69 |
14.43% |
12.12% |
12.07% |
12.81% |
10.76% |
10.71% |
9.63% |
Household Products |
129 |
56.13% |
38.64% |
34.14% |
51.04% |
35.14% |
31.04% |
37.03% |
Information
Services |
64 |
67.27% |
47.70% |
43.50% |
56.25% |
39.89% |
36.41% |
22.44% |
Insurance (General) |
19 |
5.61% |
5.35% |
5.35% |
4.58% |
4.37% |
4.37% |
7.28% |
Insurance
(Life) |
22 |
12.38% |
9.43% |
9.43% |
9.54% |
7.27% |
7.27% |
8.88% |
Insurance (Prop/Cas.) |
50 |
12.57% |
12.05% |
12.05% |
9.77% |
9.36% |
9.36% |
11.38% |
Investments
& Asset Management |
156 |
10.01% |
6.35% |
6.34% |
9.24% |
5.86% |
5.85% |
6.81% |
Machinery |
127 |
36.57% |
31.27% |
27.03% |
32.28% |
27.61% |
23.85% |
29.24% |
Metals
& Mining |
97 |
3.92% |
3.85% |
3.77% |
3.88% |
3.81% |
3.73% |
27.49% |
Office Equipment & Services |
24 |
39.04% |
30.85% |
27.25% |
32.53% |
25.70% |
22.72% |
25.81% |
Oil/Gas
(Integrated) |
7 |
-2.68% |
-2.24% |
-2.22% |
-2.65% |
-2.21% |
-2.19% |
24.16% |
Oil/Gas (Production and
Exploration) |
330 |
-7.92% |
-7.20% |
-7.20% |
-7.89% |
-7.18% |
-7.17% |
16.42% |
Oil/Gas
Distribution |
78 |
8.25% |
7.60% |
7.60% |
8.01% |
7.37% |
7.37% |
5.21% |
Oilfield Svcs/Equip. |
148 |
4.97% |
4.80% |
4.57% |
4.76% |
4.61% |
4.38% |
17.06% |
Packaging
& Container |
26 |
22.34% |
20.06% |
19.51% |
16.88% |
15.15% |
14.74% |
17.50% |
Paper/Forest Products |
23 |
9.53% |
8.66% |
8.62% |
8.15% |
7.41% |
7.37% |
8.59% |
Power |
68 |
10.37% |
9.09% |
9.06% |
8.37% |
7.34% |
7.32% |
9.60% |
Precious Metals |
109 |
6.83% |
6.59% |
6.54% |
6.71% |
6.47% |
6.43% |
11.75% |
Publishing
& Newspapers |
37 |
20.06% |
15.92% |
15.68% |
17.19% |
13.64% |
13.42% |
15.61% |
R.E.I.T. |
238 |
4.49% |
3.06% |
3.06% |
4.41% |
3.01% |
3.01% |
2.89% |
Real
Estate (Development) |
18 |
2.19% |
1.61% |
1.61% |
2.14% |
1.58% |
1.58% |
-0.02% |
Real Estate
(General/Diversified) |
11 |
6.32% |
6.06% |
6.06% |
5.35% |
5.13% |
5.13% |
3.90% |
Real
Estate (Operations & Services) |
54 |
17.98% |
12.30% |
12.30% |
16.40% |
11.22% |
11.22% |
9.71% |
Recreation |
66 |
25.51% |
21.14% |
18.91% |
22.14% |
18.35% |
16.44% |
16.90% |
Reinsurance |
3 |
11.85% |
11.34% |
11.34% |
9.56% |
9.15% |
9.15% |
3.46% |
Restaurant/Dining |
86 |
38.46% |
19.04% |
19.01% |
32.12% |
15.90% |
15.88% |
22.11% |
Retail
(Automotive) |
25 |
30.76% |
14.17% |
14.17% |
23.81% |
10.97% |
10.97% |
12.88% |
Retail (Building Supply) |
6 |
43.59% |
32.05% |
32.05% |
34.82% |
25.61% |
25.61% |
24.49% |
Retail
(Distributors) |
88 |
17.42% |
15.47% |
15.47% |
14.47% |
12.85% |
12.84% |
12.81% |
Retail (General) |
19 |
23.55% |
14.88% |
14.88% |
18.31% |
11.57% |
11.57% |
20.65% |
Retail
(Grocery and Food) |
14 |
29.42% |
10.67% |
10.67% |
22.33% |
8.10% |
8.10% |
15.35% |
Retail (Online) |
57 |
40.21% |
21.33% |
19.42% |
36.80% |
19.53% |
17.86% |
10.94% |
Retail
(Special Lines) |
108 |
35.03% |
15.25% |
15.21% |
27.57% |
12.00% |
11.98% |
19.17% |
Rubber& Tires |
4 |
25.74% |
22.29% |
19.58% |
23.15% |
20.04% |
17.60% |
15.85% |
Semiconductor |
80 |
22.95% |
21.01% |
13.91% |
21.18% |
19.39% |
12.88% |
19.68% |
Semiconductor Equip |
45 |
30.09% |
27.70% |
17.81% |
26.74% |
24.62% |
15.89% |
21.77% |
Shipbuilding
& Marine |
11 |
4.12% |
4.78% |
4.78% |
3.81% |
4.43% |
4.43% |
9.57% |
Shoe |
10 |
36.19% |
26.06% |
25.88% |
30.95% |
22.29% |
22.14% |
26.61% |
Software
(Entertainment) |
13 |
4362.48% |
104.66% |
26.14% |
4317.20% |
103.57% |
25.89% |
33.88% |
Software (Internet) |
297 |
23.32% |
20.71% |
15.50% |
22.51% |
19.99% |
15.00% |
12.56% |
Software
(System & Application) |
236 |
36.71% |
25.24% |
16.06% |
34.63% |
23.81% |
15.20% |
35.25% |
Steel |
38 |
0.83% |
1.11% |
1.10% |
0.77% |
1.02% |
1.02% |
20.11% |
Telecom
(Wireless) |
17 |
5.05% |
2.69% |
2.69% |
4.59% |
2.44% |
2.44% |
3.78% |
Telecom. Equipment |
107 |
26.30% |
23.56% |
16.52% |
24.69% |
22.11% |
15.53% |
20.11% |
Telecom.
Services |
67 |
23.63% |
18.56% |
18.26% |
20.47% |
16.08% |
15.82% |
15.21% |
Tobacco |
22 |
82.72% |
70.56% |
66.62% |
75.41% |
64.32% |
60.73% |
54.83% |
Transportation |
17 |
53.37% |
28.95% |
28.91% |
44.05% |
23.89% |
23.86% |
23.80% |
Transportation (Railroads) |
7 |
17.48% |
16.07% |
16.07% |
13.61% |
12.51% |
12.51% |
16.66% |
Trucking |
30 |
14.26% |
10.70% |
10.70% |
10.45% |
7.84% |
7.84% |
8.47% |
Utility (General) |
18 |
10.15% |
9.16% |
9.15% |
7.55% |
6.81% |
6.81% |
9.55% |
Utility
(Water) |
22 |
10.96% |
9.92% |
9.91% |
9.65% |
8.73% |
8.73% |
8.92% |
Total Market |
7330 |
8.76% |
7.04% |
6.81% |
7.85% |
6.31% |
6.10% |
7.94% |
Total
Market (without financials) |
6100 |
17.37% |
13.69% |
12.63% |
15.93% |
12.55% |
11.60% |
15.65% |