Economic Value Added by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2021

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 61 1.08 2.93% 6.01% -3.08%  $        3,751.89  $       (115.44) 51.51% 4.34% 47.17%  $          6,177.15  $      2,913.78
Aerospace/Defense 72 1.07 8.54% 5.96% 2.58%  $    112,721.59  $      2,913.23 19.11% 4.65% 14.47%  $      148,280.66  $    21,452.71
Air Transport 17 1.61 -47.03% 8.52% -55.55%  $      54,971.13  $  (30,535.03) -16.07% 3.68% -19.74%  $      116,912.10  $   (23,083.89)
Apparel 51 1.10 -8.19% 6.11% -14.30%  $      28,315.62  $    (4,049.61) 7.54% 4.58% 2.96%  $        43,929.97  $      1,302.27
Auto & Truck 19 1.28 4.49% 6.98% -2.50%  $      90,672.11  $    (2,263.55) 1.17% 5.23% -4.06%  $      390,990.30  $   (15,857.19)
Auto Parts 52 1.20 -14.31% 6.61% -20.92%  $      23,728.98  $    (4,964.39) 6.46% 5.45% 1.01%  $        41,867.45  $         423.06
Bank (Money Center) 7 0.83 7.41% 4.84% 2.58%  $    878,241.30  $    22,627.25 -0.01% 1.99% -2.01%  $   2,173,051.73  $   (43,617.33)
Banks (Regional) 598 0.64 8.22% 3.97% 4.24%  $    493,520.81  $    20,937.95 -0.08% 2.72% -2.80%  $      712,163.55  $   (19,964.35)
Beverage (Alcoholic) 23 0.78 10.10% 4.60% 5.50%  $      27,670.49  $      1,521.83 14.43% 3.86% 10.57%  $        36,587.65  $      3,867.71
Beverage (Soft) 41 0.79 28.86% 4.66% 24.19%  $      61,972.67  $    14,992.74 26.74% 3.96% 22.78%  $        92,215.30  $    21,006.24
Broadcasting 29 1.13 0.24% 6.26% -6.02%  $      39,194.21  $    (2,359.71) 16.92% 3.20% 13.73%  $        77,174.76  $    10,593.05
Brokerage & Investment Banking 39 1.13 12.08% 6.27% 5.80%  $    192,135.79  $    11,151.21 0.00% 2.43% -2.44%  $      845,312.88  $   (20,590.82)
Building Materials 42 1.09 20.54% 6.07% 14.47%  $      21,900.49  $      3,169.19 24.17% 4.95% 19.22%  $        34,285.63  $      6,589.62
Business & Consumer Services 169 0.93 6.81% 5.30% 1.50%  $      46,445.40  $         698.82 18.33% 4.39% 13.94%  $        59,386.87  $      8,279.84
Cable TV 13 0.94 11.47% 5.38% 6.09%  $    144,159.30  $      8,772.18 11.09% 3.77% 7.31%  $      256,895.79  $    18,789.25
Chemical (Basic) 48 0.99 -1.82% 5.62% -7.44%  $      39,010.40  $    (2,901.00) 9.53% 3.86% 5.66%  $        73,189.03  $      4,144.21
Chemical (Diversified) 5 1.36 13.25% 7.36% 5.89%  $        9,619.88  $         566.75 5.93% 4.91% 1.02%  $        19,211.92  $         195.91
Chemical (Specialty) 97 0.93 2.50% 5.30% -2.80%  $    148,941.12  $    (4,175.59) 11.84% 4.37% 7.47%  $      162,494.17  $    12,143.54
Coal & Related Energy 29 0.83 -41.66% 4.84% -46.50%  $        6,873.29  $    (3,196.11) -7.50% 2.82% -10.31%  $        10,350.41  $     (1,067.28)
Computer Services 116 1.12 13.50% 6.20% 7.30%  $      74,275.69  $      5,419.29 22.98% 4.63% 18.35%  $        91,526.09  $    16,793.26
Computers/Peripherals 52 1.18 50.53% 6.52% 44.01%  $    123,867.70  $    54,516.49 27.82% 6.02% 21.80%  $      277,589.52  $    60,508.14
Construction Supplies 46 1.02 13.20% 5.75% 7.45%  $      65,499.64  $      4,882.40 9.93% 4.44% 5.49%  $      122,333.93  $      6,718.17
Diversified 29 1.02 10.62% 5.77% 4.85%  $    484,944.80  $    23,537.71 13.44% 4.60% 8.84%  $      533,428.07  $    47,176.02
Drugs (Biotechnology) 547 0.89 -1.19% 5.11% -6.30%  $    121,820.24  $    (7,675.60) 6.22% 4.52% 1.70%  $      318,351.30  $      5,416.06
Drugs (Pharmaceutical) 287 0.91 18.98% 5.22% 13.76%  $    206,977.01  $    28,484.45 20.31% 4.52% 15.79%  $      341,882.82  $    53,990.76
Education 38 1.15 -5.66% 6.35% -12.01%  $      13,672.18  $    (1,642.01) 9.89% 5.24% 4.65%  $        13,755.75  $         639.83
Electrical Equipment 122 1.06 17.67% 5.93% 11.74%  $      29,468.26  $      3,459.15 22.12% 5.23% 16.89%  $        37,846.58  $      6,392.85
Electronics (Consumer & Office) 22 0.96 -4.89% 5.44% -10.32%  $        1,351.08  $       (139.50) 4.66% 5.03% -0.37%  $          2,370.01  $            (8.66)
Electronics (General) 157 0.89 6.67% 5.11% 1.56%  $      56,362.76  $         879.29 11.08% 4.58% 6.50%  $        72,338.92  $      4,703.80
Engineering/Construction 61 1.06 2.54% 5.92% -3.38%  $      35,782.83  $    (1,209.24) 14.85% 4.76% 10.09%  $        31,899.57  $      3,217.69
Entertainment 118 0.88 -2.87% 5.10% -7.96%  $    138,269.14  $  (11,011.34) 7.96% 4.51% 3.45%  $      123,875.29  $      4,274.28
Environmental & Waste Services 86 0.95 6.21% 5.43% 0.78%  $      33,233.02  $         257.68 19.19% 4.48% 14.71%  $        35,956.26  $      5,289.88
Farming/Agriculture 32 0.87 14.03% 5.06% 8.97%  $      43,870.00  $      3,935.41 9.12% 3.70% 5.43%  $      109,540.19  $      5,944.01
Financial Svcs. (Non-bank & Insurance) 235 0.80 64.28% 4.69% 59.59%  $      73,274.18  $    43,664.23 0.40% 1.08% -0.68%  $   6,254,925.21  $   (42,733.57)
Food Processing 101 0.64 10.12% 3.93% 6.18%  $    154,675.05  $      9,565.72 17.53% 3.13% 14.41%  $      165,637.21  $    23,860.42
Food Wholesalers 18 1.03 -5.03% 5.81% -10.84%  $      10,478.57  $    (1,135.78) 8.89% 3.97% 4.92%  $        24,826.67  $      1,220.51
Furn/Home Furnishings 40 0.88 13.37% 5.10% 8.27%  $      15,952.21  $      1,319.44 14.59% 3.98% 10.62%  $        24,524.91  $      2,604.08
Green & Renewable Energy 25 0.98 -20.59% 5.56% -26.15%  $        6,638.65  $    (1,736.22) 6.89% 3.66% 3.24%  $        14,485.29  $         468.84
Healthcare Products 265 0.83 10.55% 4.86% 5.68%  $    186,421.28  $    10,597.33 13.22% 4.46% 8.76%  $      187,064.90  $    16,383.23
Healthcare Support Services 129 0.85 16.60% 4.95% 11.65%  $    263,118.02  $    30,660.25 35.27% 3.92% 31.35%  $      215,209.01  $    67,474.99
Heathcare Information and Technology 139 0.79 14.11% 4.66% 9.45%  $      79,554.89  $      7,515.59 16.35% 4.23% 12.12%  $        85,007.15  $    10,302.19
Homebuilding 30 1.46 17.70% 7.82% 9.89%  $      60,114.20  $      5,942.72 13.58% 6.06% 7.52%  $        86,196.10  $      6,482.13
Hospitals/Healthcare Facilities 32 1.28 70.64% 6.99% 63.65%  $        6,305.97  $      4,013.89 13.18% 3.84% 9.33%  $        79,679.26  $      7,437.22
Hotel/Gaming 66 1.56 -30.40% 8.32% -38.72%  $      73,031.71  $  (28,277.54) -5.24% 5.54% -10.77%  $      188,946.30  $   (20,353.61)
Household Products 140 0.73 31.60% 4.38% 27.22%  $      66,706.59  $    18,158.17 34.99% 3.90% 31.09%  $        89,217.17  $    27,740.41
Information Services 77 1.01 14.35% 5.70% 8.65%  $    190,343.56  $    16,464.88 24.34% 5.27% 19.07%  $      151,818.80  $    28,949.07
Insurance (General) 21 0.68 1.49% 4.15% -2.66%  $    118,899.15  $    (3,165.84) 9.26% 3.14% 6.11%  $      151,009.27  $      9,229.02
Insurance (Life) 26 0.98 5.61% 5.54% 0.07%  $    263,427.00  $         176.80 4.33% 2.89% 1.44%  $      375,256.46  $      5,421.53
Insurance (Prop/Cas.) 55 0.64 9.19% 3.97% 5.23%  $    163,443.60  $      8,544.29 10.74% 3.31% 7.43%  $      203,506.25  $    15,120.39
Investments & Asset Management 348 0.93 12.35% 5.32% 7.03%  $    177,694.77  $    12,493.56 7.24% 3.87% 3.36%  $      248,200.46  $      8,347.99
Machinery 125 1.05 12.65% 5.88% 6.77%  $      82,184.38  $      5,565.38 21.42% 5.02% 16.40%  $        88,749.32  $    14,554.21
Metals & Mining 86 0.90 2.67% 5.20% -2.52%  $      26,123.17  $       (658.78) 10.75% 4.33% 6.42%  $        43,934.34  $      2,822.36
Office Equipment & Services 22 1.00 6.36% 5.65% 0.71%  $        5,543.58  $           39.44 12.84% 4.04% 8.80%  $          9,183.40  $         807.81
Oil/Gas (Integrated) 3 1.26 -6.19% 6.88% -13.07%  $    372,074.00  $  (48,625.06) -2.33% 4.98% -7.32%  $      495,867.66  $   (36,278.66)
Oil/Gas (Production and Exploration) 278 1.18 -37.09% 6.52% -43.60%  $    267,093.62  $(116,456.13) -6.33% 4.07% -10.40%  $      408,084.54  $   (42,438.74)
Oil/Gas Distribution 57 1.16 1.28% 6.39% -5.11%  $    180,275.95  $    (9,212.01) 9.01% 3.17% 5.84%  $      443,426.69  $    25,915.59
Oilfield Svcs/Equip. 135 1.21 -26.63% 6.63% -33.26%  $    180,234.76  $  (59,948.56) 1.29% 4.03% -2.74%  $      232,524.83  $     (6,370.81)
Packaging & Container 26 0.92 9.76% 5.28% 4.48%  $      39,510.85  $      1,769.70 12.25% 3.65% 8.60%  $        87,817.95  $      7,555.40
Paper/Forest Products 15 1.14 4.69% 6.30% -1.61%  $        6,516.40  $       (104.93) 8.38% 4.77% 3.61%  $          9,089.52  $         327.92
Power 55 0.67 7.69% 4.08% 3.61%  $    323,270.93  $    11,672.55 6.80% 2.59% 4.22%  $      733,438.13  $    30,919.36
Precious Metals 93 0.76 8.27% 4.50% 3.77%  $      26,842.82  $      1,010.85 9.87% 4.07% 5.80%  $        30,468.96  $      1,767.54
Publishing & Newspapers 29 1.41 -14.18% 7.58% -21.76%  $      16,089.30  $    (3,501.20) 10.48% 5.16% 5.32%  $        17,381.53  $         925.40
R.E.I.T. 238 1.21 2.17% 6.62% -4.45%  $    523,421.31  $  (23,305.92) 2.05% 4.04% -1.99%  $   1,550,869.91  $   (30,897.91)
Real Estate (Development) 25 0.85 -0.13% 4.94% -5.07%  $        4,247.20  $       (215.12) -1.41% 2.86% -4.28%  $          7,997.69  $        (342.17)
Real Estate (General/Diversified) 11 0.78 2.00% 4.62% -2.61%  $        1,832.40  $         (47.89) 1.96% 3.73% -1.77%  $          2,164.25  $          (38.29)
Real Estate (Operations & Services) 61 0.92 4.71% 5.28% -0.56%  $      18,689.30  $       (105.27) 7.97% 3.94% 4.03%  $        28,166.40  $      1,134.14
Recreation 69 0.87 -7.19% 5.02% -12.21%  $      11,341.55  $    (1,385.08) 8.65% 4.17% 4.49%  $        27,033.33  $      1,212.70
Reinsurance 2 1.16 2.42% 6.42% -4.00%  $      20,352.40  $       (813.66) 3.74% 4.82% -1.08%  $        22,386.12  $        (241.35)
Restaurant/Dining 79 1.34 NA 7.28% NA  $     (15,039.65)  NA  7.24% 5.61% 1.63%  $        95,236.29  $      1,548.43
Retail (Automotive) 30 1.30 36.28% 7.06% 29.22%  $      17,842.51  $      5,213.15 10.10% 4.94% 5.16%  $        80,742.57  $      4,167.87
Retail (Building Supply) 15 1.54 0.27% 8.22% -7.95%  $        6,418.00  $       (510.42) 37.47% 7.07% 30.41%  $        69,279.55  $    21,065.97
Retail (Distributors) 85 0.97 9.67% 5.51% 4.16%  $      45,229.38  $      1,880.91 11.67% 4.00% 7.68%  $        94,798.77  $      7,278.57
Retail (General) 17 0.90 20.64% 5.17% 15.47%  $    129,191.90  $    19,982.67 14.67% 4.38% 10.29%  $      233,154.16  $    23,993.52
Retail (Grocery and Food) 14 0.24 30.63% 2.07% 28.55%  $      16,301.25  $      4,654.62 9.63% 1.40% 8.23%  $        55,155.82  $      4,540.35
Retail (Online) 75 1.16 27.05% 6.42% 20.63%  $      79,270.05  $    16,353.40 11.04% 6.04% 5.00%  $      240,722.57  $    12,036.88
Retail (Special Lines) 85 1.28 -0.64% 6.98% -7.62%  $      66,656.11  $    (5,080.14) 5.29% 4.93% 0.36%  $      177,406.69  $         638.59
Rubber& Tires 3 1.09 -25.69% 6.09% -31.78%  $        6,045.36  $    (1,921.21) 0.01% 2.65% -2.64%  $        13,970.15  $        (368.55)
Semiconductor 70 1.00 22.13% 5.66% 16.47%  $    214,763.99  $    35,379.01 17.39% 5.22% 12.17%  $      310,135.22  $    37,749.98
Semiconductor Equip 40 1.07 32.23% 5.98% 26.25%  $      29,724.34  $      7,803.38 27.89% 5.59% 22.30%  $        43,363.02  $      9,671.98
Shipbuilding & Marine 11 1.04 -5.70% 5.82% -11.51%  $        6,665.50  $       (767.40) 3.74% 3.85% -0.11%  $          9,377.98  $            (9.89)
Shoe 11 0.98 23.70% 5.57% 18.13%  $      14,416.80  $      2,613.80 20.90% 5.26% 15.64%  $        19,890.02  $      3,110.74
Software (Entertainment) 101 0.96 17.71% 5.46% 12.26%  $    317,151.69  $    38,880.25 14.73% 5.33% 9.40%  $      407,310.35  $    38,288.10
Software (Internet) 36 0.77 -11.23% 4.58% -15.81%  $        8,881.07  $    (1,403.90) 6.66% 4.26% 2.40%  $        17,705.63  $         424.06
Software (System & Application) 388 0.91 28.09% 5.23% 22.85%  $    251,412.71  $    57,459.91 22.28% 4.95% 17.32%  $      384,604.28  $    66,629.07
Steel 32 0.95 -2.84% 5.43% -8.27%  $      35,499.00  $    (2,934.91) 5.81% 3.84% 1.97%  $        46,447.58  $         915.51
Telecom (Wireless) 16 0.53 8.91% 3.44% 5.47%  $      36,951.51  $      2,022.73 10.22% 2.46% 7.76%  $        85,564.38  $      6,639.74
Telecom. Equipment 96 0.87 17.10% 5.03% 12.07%  $      62,115.24  $      7,495.42 21.80% 4.47% 17.33%  $        81,837.22  $    14,179.65
Telecom. Services 58 0.66 11.27% 4.04% 7.23%  $    258,937.76  $    18,715.06 13.78% 2.51% 11.26%  $      455,624.61  $    51,318.12
Tobacco 15 0.72 -0.23% 4.34% -4.57%  $           443.72  $         (20.27) 45.33% 3.49% 41.84%  $        47,261.96  $    19,774.38
Transportation 21 0.91 22.77% 5.21% 17.56%  $      35,456.52  $      6,224.41 13.32% 4.12% 9.20%  $        84,890.56  $      7,806.05
Transportation (Railroads) 6 0.84 21.47% 4.92% 16.56%  $      49,986.90  $      8,276.40 12.97% 4.14% 8.83%  $      107,858.57  $      9,523.84
Trucking 35 1.11 -17.70% 6.18% -23.87%  $      45,429.66  $  (10,845.56) -4.04% 4.79% -8.83%  $      103,658.94  $     (9,148.46)
Utility (General) 16 0.74 7.49% 4.42% 3.06%  $    138,319.50  $      4,238.05 6.79% 2.82% 3.96%  $      323,084.38  $    12,805.96
Utility (Water) 17 0.73 8.25% 4.39% 3.85%  $      12,878.13  $         496.10 6.05% 3.32% 2.73%  $        23,866.07  $         650.71
Total Market 7582 0.94 8.25% 5.37% 2.87%  $ 9,739,913.11  $  279,782.05 6.05% 3.84% 2.21%  $ 23,810,214.77  $  525,320.98
Total Market (without financials) 6253 0.98 7.78% 5.55% 2.23%  $ 7,379,276.51  $  164,372.42 10.58% 4.57% 6.01%  $ 12,846,788.96  $  772,580.57

Updated in January 2021
Aswath Damodaran