Return
on Equity by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2022
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 | 49 | 20.18% | 18.40% |
| Aerospace/Defense | 73 | 9.09% | 6.97% |
| Air Transport | 21 | -27.28% | -25.97% |
| Apparel | 39 | 20.78% | 20.54% |
| Auto & Truck | 26 | 13.68% | 10.12% |
| Auto Parts | 38 | 6.72% | 6.01% |
| Bank (Money Center) | 7 | 14.97% | 14.97% |
| Banks (Regional) | 563 | 12.53% | 12.53% |
| Beverage (Alcoholic) | 21 | 4.39% | 4.39% |
| Beverage (Soft) | 32 | 32.80% | 31.60% |
| Broadcasting | 28 | 19.35% | 19.34% |
| Brokerage & Investment Banking | 31 | 21.61% | 21.81% |
| Building Materials | 44 | 31.26% | 28.43% |
| Business & Consumer Services | 160 | 13.67% | 13.57% |
| Cable TV | 11 | 16.38% | 16.29% |
| Chemical (Basic) | 35 | 47.24% | 42.71% |
| Chemical (Diversified) | 4 | 28.12% | 24.48% |
| Chemical (Specialty) | 81 | 16.00% | 14.72% |
| Coal & Related Energy | 18 | -14.40% | -13.85% |
| Computer Services | 83 | 14.61% | 11.18% |
| Computers/Peripherals | 46 | 0.61% | 57.75% |
| Construction Supplies | 48 | 17.17% | 15.23% |
| Diversified | 22 | 19.92% | 18.88% |
| Drugs (Biotechnology) | 581 | -0.76% | 1.53% |
| Drugs (Pharmaceutical) | 298 | 14.55% | 11.04% |
| Education | 35 | 8.61% | 8.67% |
| Electrical Equipment | 104 | 16.80% | 14.65% |
| Electronics (Consumer & Office) | 16 | 43.57% | 21.30% |
| Electronics (General) | 137 | 14.72% | 11.51% |
| Engineering/Construction | 48 | 6.48% | 6.48% |
| Entertainment | 108 | 4.28% | 4.37% |
| Environmental & Waste Services | 58 | 13.95% | 13.93% |
| Farming/Agriculture | 36 | 26.60% | 23.22% |
| Financial Svcs. (Non-bank & Insurance) | 223 | 0.28% | 0.28% |
| Food Processing | 92 | 13.44% | 13.09% |
| Food Wholesalers | 15 | 11.18% | 11.18% |
| Furn/Home Furnishings | 32 | 25.40% | 22.51% |
| Green & Renewable Energy | 20 | -24.12% | -24.05% |
| Healthcare Products | 244 | 14.18% | 12.06% |
| Healthcare Support Services | 131 | 14.68% | 14.64% |
| Heathcare Information and Technology | 142 | 19.74% | 17.40% |
| Homebuilding | 29 | 27.38% | 27.38% |
| Hospitals/Healthcare Facilities | 31 | 95.71% | 95.60% |
| Hotel/Gaming | 66 | -40.21% | -32.40% |
| Household Products | 118 | 35.95% | 31.29% |
| Information Services | 79 | 17.51% | 16.40% |
| Insurance (General) | 23 | 13.50% | 13.47% |
| Insurance (Life) | 24 | 7.86% | 7.86% |
| Insurance (Prop/Cas.) | 52 | 15.64% | 15.64% |
| Investments & Asset Management | 687 | 23.77% | 23.56% |
| Machinery | 111 | 21.13% | 19.08% |
| Metals & Mining | 74 | 28.96% | 28.58% |
| Office Equipment & Services | 18 | 8.50% | 7.34% |
| Oil/Gas (Integrated) | 4 | 1.15% | 1.10% |
| Oil/Gas (Production and Exploration) | 183 | 3.30% | 3.29% |
| Oil/Gas Distribution | 21 | 6.44% | 6.44% |
| Oilfield Svcs/Equip. | 100 | 5.62% | 5.28% |
| Packaging & Container | 26 | 21.02% | 20.14% |
| Paper/Forest Products | 11 | 43.67% | 42.93% |
| Power | 50 | 8.14% | 8.14% |
| Precious Metals | 76 | 7.99% | 7.92% |
| Publishing & Newspapers | 21 | 8.44% | 8.24% |
| R.E.I.T. | 238 | 7.81% | 7.81% |
| Real Estate (Development) | 19 | -0.46% | -0.46% |
| Real Estate (General/Diversified) | 10 | 6.29% | 6.29% |
| Real Estate (Operations & Services) | 51 | -10.81% | -8.21% |
| Recreation | 60 | 22.76% | 18.40% |
| Reinsurance | 2 | 5.83% | 5.83% |
| Restaurant/Dining | 70 | NA | NA |
| Retail (Automotive) | 32 | 47.18% | 47.16% |
| Retail (Building Supply) | 16 | 0.97% | 0.97% |
| Retail (Distributors) | 68 | 19.55% | 19.54% |
| Retail (General) | 16 | 20.06% | 20.05% |
| Retail (Grocery and Food) | 15 | 14.88% | 14.86% |
| Retail (Online) | 60 | 44.11% | 20.06% |
| Retail (Special Lines) | 76 | 35.23% | 34.43% |
| Rubber& Tires | 2 | 9.59% | 6.39% |
| Semiconductor | 67 | 31.91% | 20.99% |
| Semiconductor Equip | 34 | 46.38% | 30.90% |
| Shipbuilding & Marine | 8 | 10.29% | 10.29% |
| Shoe | 12 | 47.91% | 47.42% |
| Software (Entertainment) | 88 | 31.40% | 22.89% |
| Software (Internet) | 36 | -11.29% | -4.12% |
| Software (System & Application) | 375 | 30.47% | 19.27% |
| Steel | 28 | 40.05% | 39.84% |
| Telecom (Wireless) | 17 | 5.93% | 5.99% |
| Telecom. Equipment | 82 | 24.93% | 15.73% |
| Telecom. Services | 42 | 10.41% | 10.25% |
| Tobacco | 16 | NA | NA |
| Transportation | 17 | 40.24% | 40.18% |
| Transportation (Railroads) | 4 | 28.35% | 28.35% |
| Trucking | 34 | 5.54% | 4.19% |
| Utility (General) | 16 | 8.44% | 8.44% |
| Utility (Water) | 14 | 10.42% | 10.42% |
| Total Market | 7229 | 18.12% | 16.04% |
| Total Market (without financials) | 5619 | 17.96% | 15.34% |