Return
on Equity by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2024
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/roe.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 | ROE (unadjusted) | ROE (adjusted for R&D) |
| Advertising | 57 | 3.25% | 3.25% |
| Aerospace/Defense | 70 | 13.19% | 10.36% |
| Air Transport | 25 | 21.94% | 20.67% |
| Apparel | 38 | 9.20% | 9.11% |
| Auto & Truck | 34 | 9.37% | 6.99% |
| Auto Parts | 39 | 5.72% | 5.18% |
| Bank (Money Center) | 15 | 14.87% | 14.87% |
| Banks (Regional) | 625 | 12.14% | 12.14% |
| Beverage (Alcoholic) | 19 | 8.70% | 8.70% |
| Beverage (Soft) | 29 | 30.56% | 29.60% |
| Broadcasting | 22 | -2.16% | -2.16% |
| Brokerage & Investment Banking | 27 | 10.41% | 10.24% |
| Building Materials | 44 | 21.35% | 19.82% |
| Business & Consumer Services | 162 | 14.00% | 13.32% |
| Cable TV | 10 | 19.47% | 19.32% |
| Chemical (Basic) | 32 | 8.89% | 8.30% |
| Chemical (Diversified) | 4 | -2.36% | -2.33% |
| Chemical (Specialty) | 68 | 14.94% | 13.18% |
| Coal & Related Energy | 18 | 29.07% | 28.31% |
| Computer Services | 72 | 18.77% | 14.44% |
| Computers/Peripherals | 36 | 0.00% | 52.06% |
| Construction Supplies | 45 | 27.11% | 23.31% |
| Diversified | 23 | 15.87% | 15.32% |
| Drugs (Biotechnology) | 572 | -11.59% | -3.90% |
| Drugs (Pharmaceutical) | 245 | 17.32% | 12.37% |
| Education | 31 | 1.67% | 1.52% |
| Electrical Equipment | 103 | 23.70% | 20.58% |
| Electronics (Consumer & Office) | 13 | -6.63% | -3.30% |
| Electronics (General) | 129 | 8.80% | 7.18% |
| Engineering/Construction | 43 | 6.41% | 6.15% |
| Entertainment | 98 | -0.27% | 0.10% |
| Environmental & Waste Services | 57 | 21.01% | 20.42% |
| Farming/Agriculture | 42 | 27.51% | 24.50% |
| Financial Svcs. (Non-bank & Insurance) | 172 | 22.36% | 20.53% |
| Food Processing | 82 | 10.10% | 9.81% |
| Food Wholesalers | 14 | 21.11% | 21.11% |
| Furn/Home Furnishings | 31 | -6.53% | -5.64% |
| Green & Renewable Energy | 17 | 10.68% | 10.67% |
| Healthcare Products | 230 | 8.31% | 6.98% |
| Healthcare Support Services | 119 | 15.62% | 15.36% |
| Heathcare Information and Technology | 128 | 5.18% | 4.48% |
| Homebuilding | 32 | 22.88% | 22.88% |
| Hospitals/Healthcare Facilities | 32 | 61.97% | 61.94% |
| Hotel/Gaming | 68 | 35.87% | 28.70% |
| Household Products | 93 | 26.98% | 23.84% |
| Information Services | 18 | 8.43% | 7.60% |
| Insurance (General) | 21 | 13.52% | 13.46% |
| Insurance (Life) | 23 | 1.32% | 1.32% |
| Insurance (Prop/Cas.) | 50 | 10.36% | 10.36% |
| Investments & Asset Management | 334 | 13.78% | 13.61% |
| Machinery | 103 | 19.02% | 17.16% |
| Metals & Mining | 68 | 12.17% | 12.07% |
| Office Equipment & Services | 17 | 2.66% | 2.31% |
| Oil/Gas (Integrated) | 4 | 19.85% | 19.67% |
| Oil/Gas (Production and Exploration) | 166 | 31.09% | 31.06% |
| Oil/Gas Distribution | 24 | 42.41% | 42.40% |
| Oilfield Svcs/Equip. | 100 | 29.65% | 28.72% |
| Packaging & Container | 22 | 8.54% | 8.23% |
| Paper/Forest Products | 7 | 15.17% | 15.30% |
| Power | 50 | 8.60% | 8.58% |
| Precious Metals | 61 | -2.33% | -2.34% |
| Publishing & Newspapers | 21 | 3.40% | 3.35% |
| R.E.I.T. | 193 | 4.57% | 4.57% |
| Real Estate (Development) | 17 | -8.54% | -8.54% |
| Real Estate (General/Diversified) | 11 | 9.11% | 9.11% |
| Real Estate (Operations & Services) | 60 | -8.27% | -7.34% |
| Recreation | 55 | 2.56% | 2.08% |
| Reinsurance | 1 | 31.23% | 31.23% |
| Restaurant/Dining | 64 | NA | NA |
| Retail (Automotive) | 30 | 47.33% | 47.17% |
| Retail (Building Supply) | 16 | NA | NA |
| Retail (Distributors) | 62 | 25.45% | 25.37% |
| Retail (General) | 26 | 19.55% | 12.48% |
| Retail (Grocery and Food) | 14 | 14.78% | 19.88% |
| Retail (REITs) | 28 | 6.52% | 6.52% |
| Retail (Special Lines) | 105 | 9.64% | 9.51% |
| Rubber& Tires | 3 | -10.00% | -7.57% |
| Semiconductor | 63 | 12.61% | 8.98% |
| Semiconductor Equip | 30 | 32.89% | 21.93% |
| Shipbuilding & Marine | 8 | 7.82% | 7.82% |
| Shoe | 13 | 29.90% | 29.67% |
| Software (Entertainment) | 84 | 23.26% | 15.43% |
| Software (Internet) | 35 | -14.54% | -7.69% |
| Software (System & Application) | 351 | 24.44% | 15.62% |
| Steel | 29 | 22.19% | 22.15% |
| Telecom (Wireless) | 13 | 9.74% | 9.73% |
| Telecom. Equipment | 66 | 24.55% | 15.42% |
| Telecom. Services | 42 | -0.34% | -0.34% |
| Tobacco | 16 | NA | NA |
| Transportation | 36 | 28.27% | 24.05% |
| Transportation (Railroads) | 4 | 31.68% | 31.68% |
| Trucking | 22 | 12.97% | 12.46% |
| Utility (General) | 14 | 11.15% | 11.15% |
| Utility (Water) | 13 | 10.02% | 10.02% |
| Total Market | 6481 | 15.98% | 13.82% |
| Total Market (without financials) | 5214 | 16.59% | 13.84% |