Economic Value Added by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2020

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/EVA.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 Beta ROE Cost of Equity (ROE - COE) BV of Equity Equity EVA (US $ millions) ROC Cost of Capital (ROC - WACC) BV of Capital EVA (US $ millions)
Advertising 47 1.44 26.08% 9.41% 16.68%  $        3,811.90  $         635.75 63.51% 6.35% 57.17%  $          5,554.54  $      3,175.34
Aerospace/Defense 77 1.23 31.42% 8.32% 23.10%  $      96,309.67  $    22,243.75 33.93% 7.18% 26.76%  $      132,563.43  $    35,468.47
Air Transport 18 1.44 28.20% 9.38% 18.82%  $      49,774.81  $      9,367.14 13.69% 5.86% 7.83%  $      124,597.33  $      9,758.80
Apparel 51 1.06 16.72% 7.41% 9.32%  $      26,963.62  $      2,512.14 16.34% 6.04% 10.30%  $        44,778.82  $      4,613.89
Auto & Truck 13 1.10 12.43% 7.61% 4.81%  $      83,806.33  $      4,034.66 2.89% 4.40% -1.51%  $      392,238.03  $     (5,922.36)
Auto Parts 46 1.21 12.56% 8.22% 4.35%  $      21,518.31  $         935.44 17.00% 6.37% 10.63%  $        36,036.39  $      3,829.04
Bank (Money Center) 7 1.00 12.80% 7.12% 5.68%  $    870,656.60  $    49,437.76 -0.03% 3.87% -3.90%  $   1,781,620.77  $   (69,414.69)
Banks (Regional) 611 0.57 12.05% 4.87% 7.18%  $    445,610.93  $    31,993.17 -0.06% 3.78% -3.84%  $      682,532.12  $   (26,199.79)
Beverage (Alcoholic) 21 1.13 6.88% 7.78% -0.89%  $      27,652.31  $       (246.78) 14.95% 6.58% 8.37%  $        33,134.01  $      2,772.61
Beverage (Soft) 34 1.22 40.25% 8.26% 31.99%  $      55,683.66  $    17,813.86 26.21% 7.37% 18.84%  $        91,085.49  $    17,157.92
Broadcasting 27 1.21 93.39% 8.23% 85.16%  $      20,418.71  $    17,389.30 21.47% 5.36% 16.11%  $        56,341.54  $      9,074.75
Brokerage & Investment Banking 39 1.46 14.06% 9.52% 4.54%  $    196,806.66  $      8,935.25 0.04% 4.37% -4.33%  $      792,478.32  $   (34,315.38)
Building Materials 42 1.23 14.05% 8.32% 5.73%  $      22,328.41  $      1,278.72 18.65% 6.90% 11.76%  $        30,204.66  $      3,550.62
Business & Consumer Services 165 1.07 10.24% 7.46% 2.77%  $      48,313.91  $      1,340.06 21.94% 6.37% 15.57%  $        56,750.77  $      8,835.94
Cable TV 14 1.11 11.76% 7.72% 4.04%  $    143,688.60  $      5,804.96 12.15% 5.74% 6.41%  $      249,296.28  $    15,974.11
Chemical (Basic) 43 1.37 9.16% 9.03% 0.13%  $      32,987.61  $           42.83 11.68% 6.65% 5.03%  $        52,219.66  $      2,628.56
Chemical (Diversified) 6 1.85 10.07% 11.55% -1.49%  $      10,375.50  $       (154.58) 11.78% 7.55% 4.24%  $        19,573.89  $         829.39
Chemical (Specialty) 94 1.14 5.68% 7.82% -2.14%  $    201,801.55  $    (4,315.39) 12.93% 6.70% 6.23%  $      214,409.13  $    13,361.93
Coal & Related Energy 22 1.40 11.59% 9.18% 2.41%  $        5,050.92  $         121.74 12.70% 6.33% 6.37%  $          6,378.15  $         406.16
Computer Services 106 1.20 17.29% 8.18% 9.11%  $      81,327.52  $      7,409.93 24.89% 6.50% 18.39%  $        96,293.94  $    17,708.00
Computers/Peripherals 48 1.75 39.99% 11.01% 28.98%  $    157,797.13  $    45,734.75 22.64% 9.90% 12.74%  $      323,703.61  $    41,236.77
Construction Supplies 44 1.36 24.78% 9.01% 15.77%  $      59,525.61  $      9,385.16 15.98% 7.13% 8.85%  $      115,412.93  $    10,212.22
Diversified 23 1.40 7.86% 9.21% -1.35%  $    447,917.90  $    (6,045.15) 11.55% 7.60% 3.95%  $      502,617.35  $    19,854.69
Drugs (Biotechnology) 503 1.43 -0.94% 9.37% -10.31%  $    120,389.40  $  (12,412.98) 8.64% 8.60% 0.04%  $      311,544.61  $         121.52
Drugs (Pharmaceutical) 267 1.36 21.51% 9.00% 12.51%  $    216,816.36  $    27,119.06 18.29% 8.51% 9.79%  $      332,853.45  $    32,578.26
Education 35 1.61 12.90% 10.27% 2.63%  $      12,499.16  $         328.82 10.85% 8.30% 2.55%  $        12,815.99  $         326.19
Electrical Equipment 113 1.44 20.08% 9.43% 10.65%  $      30,362.36  $      3,233.37 25.60% 8.27% 17.32%  $        36,160.01  $      6,263.59
Electronics (Consumer & Office) 20 1.28 -10.11% 8.55% -18.66%  $        1,333.79  $       (248.93) -2.12% 7.56% -9.68%  $          2,294.25  $        (221.99)
Electronics (General) 153 1.15 11.29% 7.90% 3.39%  $      56,031.34  $      1,897.27 13.97% 7.11% 6.86%  $        68,152.08  $      4,677.69
Engineering/Construction 54 1.60 3.43% 10.23% -6.80%  $      37,507.02  $    (2,550.45) 14.55% 8.03% 6.52%  $        32,871.49  $      2,143.35
Entertainment 107 1.33 17.66% 8.85% 8.81%  $      91,525.87  $      8,061.25 18.57% 7.83% 10.74%  $        97,997.81  $    10,524.61
Environmental & Waste Services 82 1.27 10.68% 8.52% 2.17%  $      32,769.37  $         709.77 20.00% 7.13% 12.87%  $        35,447.51  $      4,562.85
Farming/Agriculture 31 0.89 9.14% 6.57% 2.57%  $      45,656.02  $      1,175.46 6.27% 5.10% 1.17%  $      106,641.63  $      1,249.45
Financial Svcs. (Non-bank & Insurance) 232 0.73 0.07% 5.73% -5.65%  $      41,930.13  $    (2,370.65) 0.23% 2.79% -2.55%  $   6,029,288.63  $ (153,835.01)
Food Processing 88 0.88 1.90% 6.47% -4.57%  $    163,011.36  $    (7,447.24) 15.55% 5.38% 10.18%  $      173,801.96  $    17,687.33
Food Wholesalers 17 0.87 15.51% 6.43% 9.08%  $      10,649.65  $         966.91 16.82% 5.22% 11.61%  $        22,005.67  $      2,554.08
Furn/Home Furnishings 35 1.08 16.97% 7.52% 9.46%  $      13,958.81  $      1,319.99 13.36% 5.97% 7.39%  $        23,450.47  $      1,733.49
Green & Renewable Energy 22 1.07 -5.80% 7.50% -13.30%  $        4,563.40  $       (606.76) 1.39% 4.98% -3.59%  $        14,119.92  $        (506.89)
Healthcare Products 242 1.04 9.78% 7.34% 2.43%  $    169,907.77  $      4,133.17 15.87% 6.81% 9.06%  $      174,611.09  $    15,823.65
Healthcare Support Services 128 1.17 13.16% 8.01% 5.15%  $    209,136.67  $    10,772.91 37.91% 6.51% 31.40%  $      159,100.92  $    49,962.70
Heathcare Information and Technology 129 1.24 11.17% 8.39% 2.78%  $      72,871.76  $      2,024.49 14.40% 7.67% 6.72%  $        80,001.81  $      5,379.62
Homebuilding 32 0.83 15.26% 6.22% 9.03%  $      54,747.85  $      4,945.14 11.25% 5.07% 6.18%  $        83,412.29  $      5,158.61
Hospitals/Healthcare Facilities 36 1.22 62.13% 8.27% 53.85%  $        5,057.10  $      2,723.44 15.31% 5.15% 10.16%  $        78,556.50  $      7,982.62
Hotel/Gaming 65 1.26 16.23% 8.48% 7.75%  $      77,354.07  $      5,993.34 11.64% 6.31% 5.33%  $      177,544.38  $      9,468.58
Household Products 127 1.03 10.59% 7.28% 3.32%  $      78,529.45  $      2,606.25 28.18% 6.61% 21.57%  $      102,614.75  $    22,132.07
Information Services 69 1.09 30.52% 7.60% 22.92%  $      97,585.94  $    22,365.68 41.52% 7.06% 34.47%  $        98,182.77  $    33,840.95
Insurance (General) 19 0.74 7.42% 5.78% 1.64%  $    105,663.61  $      1,729.51 9.61% 4.81% 4.80%  $      134,207.95  $      6,448.64
Insurance (Life) 24 1.08 10.44% 7.52% 2.92%  $    200,455.75  $      5,859.03 8.20% 5.02% 3.18%  $      322,693.42  $    10,272.11
Insurance (Prop/Cas.) 51 0.68 10.58% 5.45% 5.14%  $    147,748.46  $      7,589.65 10.48% 4.74% 5.74%  $      188,061.10  $    10,797.20
Investments & Asset Management 192 1.03 13.31% 7.26% 6.05%  $    174,835.87  $    10,580.80 7.31% 5.57% 1.75%  $      240,130.16  $      4,194.63
Machinery 120 1.25 20.03% 8.40% 11.63%  $      76,838.35  $      8,932.76 24.49% 7.26% 17.24%  $        80,744.20  $    13,917.20
Metals & Mining 92 1.31 3.27% 8.73% -5.46%  $      24,664.44  $    (1,347.51) 11.26% 7.24% 4.02%  $        39,621.41  $      1,593.20
Office Equipment & Services 22 1.65 18.22% 10.48% 7.75%  $        5,373.30  $         416.20 17.48% 7.63% 9.84%  $          8,859.19  $         872.17
Oil/Gas (Integrated) 4 1.30 7.85% 8.68% -0.84%  $    366,896.70  $    (3,063.65) 5.36% 7.37% -2.01%  $      443,818.93  $     (8,906.21)
Oil/Gas (Production and Exploration) 269 1.48 6.36% 9.61% -3.24%  $    251,812.01  $    (8,169.89) 9.03% 7.14% 1.90%  $      405,662.14  $      7,691.77
Oil/Gas Distribution 24 1.02 3.91% 7.20% -3.29%  $      67,700.86  $    (2,229.83) 7.99% 4.96% 3.03%  $      153,262.64  $      4,647.27
Oilfield Svcs/Equip. 136 1.58 -8.40% 10.13% -18.53%  $    182,008.63  $  (33,723.70) 11.59% 7.72% 3.88%  $      210,782.24  $      8,168.95
Packaging & Container 24 0.99 15.96% 7.07% 8.89%  $      35,990.45  $      3,197.90 16.83% 5.24% 11.60%  $        66,608.41  $      7,725.92
Paper/Forest Products 15 1.54 2.05% 9.91% -7.87%  $        8,178.20  $       (643.26) 9.37% 7.80% 1.57%  $        10,323.43  $         161.83
Power 52 0.58 5.71% 4.91% 0.80%  $    321,072.22  $      2,567.40 6.48% 3.71% 2.77%  $      693,478.49  $    19,208.30
Precious Metals 83 1.44 12.90% 9.38% 3.52%  $      16,965.95  $         596.84 8.07% 8.73% -0.67%  $        19,888.79  $        (132.32)
Publishing & Newspapers 31 1.07 -3.79% 7.47% -11.26%  $      17,424.36  $    (1,961.30) 10.47% 5.45% 5.03%  $        18,766.93  $         943.40
R.E.I.T. 234 0.68 5.49% 5.48% 0.01%  $    494,698.76  $           59.35 2.92% 3.90% -0.98%  $   1,408,050.85  $   (13,779.66)
Real Estate (Development) 20 1.24 3.37% 8.35% -4.98%  $        3,995.42  $       (198.99) 2.08% 6.04% -3.96%  $          7,206.90  $        (285.41)
Real Estate (General/Diversified) 12 1.63 5.71% 10.41% -4.70%  $        1,961.68  $         (92.19) 7.41% 7.80% -0.38%  $          2,106.46  $            (8.07)
Real Estate (Operations & Services) 57 0.93 11.92% 6.77% 5.15%  $      16,177.89  $         832.71 11.47% 5.17% 6.30%  $        25,516.76  $      1,607.15
Recreation 63 0.90 4.27% 6.61% -2.34%  $      10,669.67  $       (249.76) 14.08% 5.64% 8.44%  $        24,387.00  $      2,059.00
Reinsurance 2 0.82 5.00% 6.18% -1.18%  $      17,174.40  $       (202.11) 5.90% 5.25% 0.65%  $        19,886.70  $         129.52
Restaurant/Dining 77 0.97 NA 6.98% #VALUE!  $       (6,414.10) #VALUE! 19.08% 5.65% 13.43%  $        82,684.00  $    11,103.46
Retail (Automotive) 26 1.33 34.60% 8.85% 25.75%  $      17,147.50  $      4,415.74 9.48% 6.15% 3.32%  $        73,969.95  $      2,457.62
Retail (Building Supply) 17 1.36 94.81% 8.99% 85.82%  $      14,697.00  $    12,613.03 28.83% 7.71% 21.11%  $        69,743.99  $    14,726.44
Retail (Distributors) 80 1.28 16.47% 8.57% 7.90%  $      47,033.23  $      3,715.91 13.57% 6.37% 7.20%  $        96,193.62  $      6,930.12
Retail (General) 18 1.14 18.14% 7.87% 10.28%  $    124,157.40  $    12,757.64 13.82% 6.62% 7.19%  $      219,288.05  $    15,775.57
Retail (Grocery and Food) 13 0.59 18.11% 4.98% 13.14%  $      11,717.43  $      1,539.13 7.13% 3.74% 3.39%  $        34,660.53  $      1,175.44
Retail (Online) 70 1.23 22.41% 8.32% 14.09%  $      71,354.12  $    10,052.73 9.99% 7.68% 2.31%  $      211,814.06  $      4,898.27
Retail (Special Lines) 89 1.03 19.92% 7.28% 12.64%  $      71,135.79  $      8,992.52 12.04% 5.41% 6.64%  $      175,075.92  $    11,624.19
Rubber& Tires 4 0.98 3.70% 7.03% -3.33%  $        6,016.16  $       (200.46) 6.12% 4.29% 1.83%  $        13,730.18  $         250.65
Semiconductor 72 1.29 20.29% 8.61% 11.68%  $    209,067.38  $    24,427.32 17.00% 7.99% 9.01%  $      306,536.13  $    27,622.80
Semiconductor Equip 39 1.28 27.65% 8.57% 19.08%  $      26,928.59  $      5,138.25 22.14% 7.94% 14.20%  $        38,059.66  $      5,404.94
Shipbuilding & Marine 10 2.17 2.69% 13.22% -10.53%  $        5,838.88  $       (614.77) 6.02% 9.37% -3.35%  $          8,265.76  $        (276.96)
Shoe 11 0.87 40.16% 6.43% 33.72%  $      13,937.60  $      4,700.14 30.57% 6.11% 24.46%  $        18,379.88  $      4,495.29
Software (Entertainment) 86 1.29 18.49% 8.62% 9.87%  $    272,387.75  $    26,891.98 17.01% 8.40% 8.61%  $      346,186.84  $    29,798.59
Software (Internet) 30 1.67 6.14% 10.62% -4.48%  $        4,564.27  $       (204.58) 11.12% 9.29% 1.84%  $        13,236.49  $         243.06
Software (System & Application) 363 1.20 27.91% 8.14% 19.77%  $    217,273.10  $    42,961.25 20.03% 7.67% 12.36%  $      363,910.85  $    44,988.59
Steel 32 1.62 18.41% 10.34% 8.07%  $      33,848.56  $      2,732.33 16.31% 7.82% 8.50%  $        45,515.25  $      3,867.22
Telecom (Wireless) 18 1.14 1.15% 7.86% -6.72%  $      61,757.53  $    (4,147.77) 5.65% 4.96% 0.69%  $      152,240.95  $      1,052.67
Telecom. Equipment 91 0.89 17.58% 6.57% 11.01%  $      72,336.96  $      7,962.57 20.70% 6.01% 14.69%  $        95,308.45  $    13,997.63
Telecom. Services 67 1.05 5.67% 7.37% -1.70%  $    272,933.74  $    (4,647.24) 13.05% 5.33% 7.72%  $      478,891.90  $    36,973.43
Tobacco 17 1.68 -0.05% 10.66% -10.71%  $        4,977.70  $       (533.16) 54.11% 8.83% 45.28%  $        35,724.45  $    16,174.77
Transportation 18 1.31 21.61% 8.71% 12.91%  $      34,389.20  $      4,438.60 10.45% 6.51% 3.95%  $        80,151.11  $      3,162.49
Transportation (Railroads) 8 2.24 23.44% 13.57% 9.87%  $      54,607.65  $      5,387.83 15.44% 11.17% 4.26%  $      105,950.47  $      4,518.10
Trucking 33 1.37 -32.07% 9.06% -41.13%  $      26,159.62  $  (10,758.45) 0.33% 6.74% -6.42%  $        85,760.33  $     (5,504.25)
Utility (General) 16 0.28 11.07% 3.40% 7.67%  $    117,906.00  $      9,044.51 6.63% 2.85% 3.77%  $      278,576.62  $    10,512.19
Utility (Water) 17 0.68 13.63% 5.48% 8.15%  $      10,185.25  $         830.06 7.31% 4.57% 2.74%  $        21,795.26  $         597.44
Total Market 7053 1.13 13.63% 7.79% 5.84%  $ 9,098,574.05  $  531,281.39 7.31% 5.94% 1.37%  $ 22,069,005.95  $  303,236.09
Total Market (without financials) 5878 1.21 13.30% 8.21% 5.09%  $ 6,914,866.04  $  351,746.91 12.96% 6.90% 6.06%  $ 11,897,993.48  $  721,002.52

Updated in January 2020
Aswath Damodaran