Debt Fundamentals by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2015

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/dbtfund.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
Number of firms
Book Debt to Capital
Market Debt to Capital (Unadjusted)
Market D/E (unadjusted)
Market Debt to Capital (adjusted for leases)
Market D/E (adjusted for leases)
Effective tax rate
Institutional Holdings
Std dev in Stock Prices
EBITDA/Value
Fixed Assets/Total Assets
Capital Spending/Total Assets
Advertising
52
66.12%
26.13%
35.38%
33.61%
50.62%
4.13%
24.79%
51.52%
10.07%
23.39%
1.80%
Aerospace/Defense
93
37.96%
14.48%
16.93%
15.93%
18.96%
14.87%
56.72%
50.15%
9.65%
18.75%
2.14%
Air Transport
22
57.18%
25.01%
33.35%
44.91%
81.51%
18.71%
67.50%
53.32%
12.36%
71.12%
7.88%
Apparel
64
35.28%
10.71%
11.99%
17.17%
20.73%
11.16%
48.04%
56.24%
8.04%
14.90%
3.40%
Auto & Truck
22
69.07%
51.07%
104.39%
51.44%
105.95%
4.45%
40.57%
43.52%
6.87%
0.63%
4.66%
Auto Parts
75
41.43%
20.59%
25.93%
22.27%
28.64%
11.05%
57.04%
53.89%
12.13%
32.72%
5.15%
Bank (Money Center)
13
69.12%
68.17%
214.18%
68.62%
218.66%
26.43%
50.49%
39.98%
0.28%
0.00%
0.05%
Banks (Regional)
676
46.61%
42.51%
73.94%
43.72%
77.69%
20.66%
28.97%
37.41%
0.42%
0.25%
0.26%
Beverage (Alcoholic)
22
41.29%
17.34%
20.98%
17.95%
21.88%
8.54%
28.15%
55.14%
5.71%
1.10%
3.06%
Beverage (Soft)
46
56.68%
18.09%
22.08%
18.73%
23.04%
5.55%
22.83%
61.94%
7.00%
35.13%
3.04%
Broadcasting
28
62.32%
39.18%
64.41%
41.54%
71.06%
18.34%
48.92%
62.12%
9.37%
10.58%
1.12%
Brokerage & Investment Banking
46
79.39%
74.95%
299.14%
75.22%
303.54%
13.99%
57.17%
44.77%
0.32%
1.63%
0.13%
Building Materials
39
48.58%
22.64%
29.27%
24.38%
32.23%
17.45%
57.97%
43.52%
8.45%
42.17%
3.62%
Business & Consumer Services
177
46.64%
19.92%
24.87%
23.32%
30.41%
13.30%
51.38%
52.77%
9.61%
12.19%
2.79%
Cable TV
18
71.13%
30.28%
43.42%
30.94%
44.80%
21.18%
49.49%
52.83%
10.80%
37.89%
6.48%
Chemical (Basic)
46
39.50%
26.38%
35.83%
28.73%
40.31%
10.88%
26.00%
50.32%
15.15%
48.54%
6.09%
Chemical (Diversified)
10
45.80%
23.14%
30.10%
24.92%
33.20%
22.47%
79.34%
41.14%
10.46%
69.81%
4.68%
Chemical (Specialty)
103
43.75%
16.32%
19.50%
17.60%
21.36%
11.16%
50.26%
51.80%
8.37%
48.73%
4.69%
Coal & Related Energy
42
57.78%
50.92%
103.74%
52.47%
110.41%
0.99%
31.61%
74.62%
9.68%
90.94%
6.28%
Computer Services
119
54.72%
19.30%
23.92%
21.61%
27.56%
10.48%
40.81%
59.41%
11.85%
21.76%
2.43%
Computers/Peripherals
64
27.34%
7.72%
8.37%
8.65%
9.47%
7.35%
47.92%
66.35%
9.94%
19.73%
3.63%
Construction Supplies
55
56.75%
30.17%
43.20%
31.22%
45.39%
16.28%
66.60%
47.26%
9.62%
18.47%
4.35%
Diversified
23
52.07%
37.19%
59.20%
37.84%
60.89%
13.96%
58.87%
32.85%
7.09%
23.46%
2.30%
Drugs (Biotechnology)
400
40.32%
7.27%
7.84%
7.82%
8.48%
1.48%
33.11%
93.06%
2.83%
9.97%
1.48%
Drugs (Pharmaceutical)
151
34.18%
11.43%
12.91%
11.83%
13.42%
4.58%
38.15%
75.04%
7.12%
18.07%
1.66%
Education
42
28.85%
15.29%
18.06%
28.28%
39.42%
12.18%
49.80%
70.19%
12.34%
19.79%
4.48%
Electrical Equipment
126
35.24%
12.84%
14.73%
14.43%
16.86%
5.99%
32.95%
65.34%
8.61%
26.45%
3.85%
Electronics (Consumer & Office)
28
15.74%
3.17%
3.28%
4.24%
4.43%
4.50%
28.81%
56.16%
4.87%
28.82%
3.75%
Electronics (General)
189
22.30%
11.49%
12.98%
12.81%
14.69%
8.64%
40.28%
69.01%
8.77%
40.94%
3.58%
Engineering/Construction
56
22.20%
15.26%
18.01%
21.45%
27.31%
14.18%
57.51%
47.91%
13.01%
19.91%
2.67%
Entertainment
84
43.75%
18.01%
21.96%
21.58%
27.52%
4.11%
33.94%
58.48%
8.45%
23.72%
2.31%
Environmental & Waste Services
103
52.36%
26.70%
36.43%
28.86%
40.58%
6.31%
33.42%
65.61%
9.86%
64.55%
4.52%
Farming/Agriculture
37
52.24%
36.59%
57.70%
37.68%
60.46%
9.36%
35.02%
41.59%
10.29%
29.61%
3.57%
Financial Svcs. (Non-bank & Insurance)
288
95.67%
92.33%
1204.55%
92.35%
1206.66%
18.49%
36.30%
38.80%
0.28%
0.65%
0.28%
Food Processing
96
47.41%
20.36%
25.56%
21.39%
27.21%
13.70%
50.80%
42.05%
8.36%
27.01%
3.07%
Food Wholesalers
14
35.85%
13.32%
15.37%
14.60%
17.10%
13.47%
60.58%
35.73%
8.90%
5.47%
4.19%
Furn/Home Furnishings
27
39.48%
18.11%
22.11%
21.02%
26.61%
14.48%
54.83%
54.24%
9.55%
46.17%
4.34%
Green & Renewable Energy
26
58.72%
51.40%
105.75%
52.37%
109.96%
1.94%
24.96%
53.18%
5.17%
46.40%
13.49%
Healthcare Products
261
35.47%
12.79%
14.66%
13.54%
15.67%
6.73%
42.33%
64.48%
6.41%
24.89%
2.78%
Healthcare Support Services
138
40.36%
19.27%
23.87%
21.05%
26.66%
13.27%
50.02%
46.72%
9.49%
2.17%
1.37%
Heathcare Information and Technology
127
42.37%
15.20%
17.93%
16.49%
19.75%
6.35%
42.07%
70.49%
5.36%
9.25%
1.92%
Homebuilding
35
50.20%
37.31%
59.52%
37.80%
60.76%
18.11%
64.48%
53.78%
6.87%
0.86%
0.40%
Hospitals/Healthcare Facilities
56
65.56%
40.72%
68.70%
43.05%
75.58%
10.93%
64.26%
43.11%
8.16%
77.04%
2.60%
Hotel/Gaming
80
63.44%
32.86%
48.95%
35.33%
54.64%
11.41%
44.39%
49.55%
7.65%
33.14%
3.43%
Household Products
135
45.67%
14.60%
17.09%
15.89%
18.89%
10.46%
33.62%
61.63%
7.77%
16.17%
2.93%
Information Services
67
39.66%
10.70%
11.98%
11.75%
13.31%
17.93%
69.57%
42.71%
7.11%
6.97%
1.73%
Insurance (General)
24
26.22%
28.57%
40.00%
30.09%
43.04%
19.21%
67.08%
35.35%
12.15%
0.23%
0.24%
Insurance (Life)
25
41.76%
41.06%
69.65%
41.60%
71.23%
24.30%
63.44%
34.48%
10.21%
0.01%
0.01%
Insurance (Prop/Cas.)
52
28.47%
23.50%
30.72%
24.76%
32.90%
22.18%
62.02%
36.73%
11.62%
0.63%
0.21%
Investments & Asset Management
148
46.13%
41.77%
71.73%
42.55%
74.07%
6.84%
44.44%
41.63%
4.25%
1.22%
0.15%
Machinery
137
37.10%
15.78%
18.74%
16.97%
20.43%
15.64%
62.99%
46.22%
9.49%
22.61%
2.68%
Metals & Mining
124
41.00%
32.90%
49.04%
33.64%
50.69%
1.80%
21.69%
74.49%
14.87%
73.72%
9.37%
Office Equipment & Services
25
66.39%
31.73%
46.47%
34.16%
51.88%
18.65%
60.62%
49.87%
10.93%
24.53%
3.32%
Oil/Gas (Integrated)
8
13.06%
8.35%
9.11%
9.96%
11.06%
14.56%
58.22%
33.56%
16.95%
63.16%
11.68%
Oil/Gas (Production and Exploration)
392
38.01%
31.29%
45.55%
32.51%
48.18%
7.04%
36.36%
71.93%
18.90%
134.83%
20.27%
Oil/Gas Distribution
85
50.73%
31.63%
46.26%
32.32%
47.75%
4.68%
38.17%
43.15%
5.96%
66.95%
9.11%
Oilfield Svcs/Equip.
161
29.23%
19.20%
23.75%
21.65%
27.63%
10.99%
53.17%
65.23%
14.23%
56.53%
6.26%
Packaging & Container
26
62.01%
31.32%
45.60%
32.70%
48.60%
18.18%
75.04%
31.06%
10.97%
44.30%
4.18%
Paper/Forest Products
22
60.16%
32.69%
48.57%
33.78%
51.02%
11.54%
67.37%
44.94%
11.03%
96.10%
4.98%
Power
82
55.59%
40.42%
67.85%
43.10%
75.74%
20.77%
57.54%
29.70%
10.10%
93.99%
6.84%
Precious Metals
147
28.15%
28.70%
40.25%
28.98%
40.80%
1.33%
18.03%
93.69%
13.35%
21.89%
4.60%
Publshing & Newspapers
43
41.54%
28.98%
40.80%
32.15%
47.39%
14.93%
55.13%
50.42%
10.44%
21.74%
2.47%
R.E.I.T.
213
63.90%
45.65%
83.99%
46.95%
88.52%
1.24%
71.26%
31.55%
3.89%
55.67%
0.48%
Real Estate (Development)
18
43.11%
29.09%
41.03%
31.23%
45.42%
7.21%
49.14%
43.65%
3.56%
50.40%
1.58%
Real Estate (General/Diversified)
11
32.91%
21.27%
27.01%
21.61%
27.56%
9.39%
56.38%
45.97%
11.64%
10.49%
10.04%
Real Estate (Operations & Services)
52
57.93%
33.88%
51.23%
36.44%
57.34%
8.63%
31.33%
50.05%
6.59%
28.08%
2.19%
Recreation
68
48.98%
20.78%
26.23%
24.03%
31.64%
11.25%
49.71%
50.41%
9.51%
48.65%
5.71%
Reinsurance
4
25.69%
26.13%
35.37%
27.32%
37.59%
15.53%
46.92%
21.20%
14.43%
0.03%
0.19%
Restaurant/Dining
79
53.40%
12.82%
14.70%
21.80%
27.87%
15.14%
58.06%
44.43%
8.21%
68.12%
7.57%
Retail (Automotive)
30
69.15%
26.33%
35.75%
33.42%
50.19%
18.76%
62.23%
48.06%
7.92%
34.45%
4.21%
Retail (Building Supply)
5
56.59%
11.97%
13.59%
16.29%
19.46%
30.64%
72.73%
50.71%
8.05%
97.67%
3.22%
Retail (Distributors)
90
58.73%
29.96%
42.77%
32.43%
48.00%
16.84%
54.08%
52.06%
8.15%
7.64%
7.32%
Retail (General)
23
43.33%
17.74%
21.57%
23.88%
31.37%
21.36%
71.95%
46.36%
10.23%
74.94%
5.31%
Retail (Grocery and Food)
21
54.63%
22.27%
28.65%
35.95%
56.14%
22.94%
49.17%
51.83%
10.87%
47.60%
8.33%
Retail (Online)
46
30.19%
5.01%
5.27%
6.99%
7.52%
9.38%
52.12%
70.16%
4.00%
2.19%
6.13%
Retail (Special Lines)
128
38.14%
13.32%
15.37%
29.30%
41.45%
20.44%
63.90%
51.42%
10.54%
19.69%
4.51%
Rubber& Tires
4
65.97%
42.78%
74.77%
46.74%
87.74%
13.58%
61.23%
49.54%
18.79%
95.98%
6.25%
Semiconductor
100
25.51%
9.06%
9.97%
9.71%
10.75%
10.11%
61.03%
57.12%
9.58%
59.69%
7.22%
Semiconductor Equip
47
31.91%
14.52%
16.99%
14.99%
17.63%
6.88%
68.19%
60.18%
6.47%
29.81%
6.20%
Shipbuilding & Marine
14
42.58%
31.98%
47.01%
34.90%
53.62%
6.75%
41.85%
71.45%
10.25%
79.59%
6.75%
Shoe
13
14.50%
2.82%
2.91%
6.84%
7.34%
20.15%
66.82%
40.80%
6.59%
27.16%
0.82%
Software (Entertainment)
20
29.88%
13.43%
15.51%
14.75%
17.30%
1.46%
43.35%
69.84%
6.69%
7.48%
1.05%
Software (Internet)
327
15.26%
4.16%
4.34%
5.29%
5.59%
5.07%
37.22%
72.48%
4.28%
13.00%
5.00%
Software (System & Application)
259
28.06%
7.79%
8.45%
8.84%
9.70%
6.86%
44.08%
61.85%
6.40%
9.57%
2.24%
Steel
40
49.29%
38.02%
61.34%
39.04%
64.03%
13.99%
59.72%
52.45%
11.52%
67.16%
4.15%
Telecom (Wireless)
21
61.75%
54.97%
122.10%
60.69%
154.38%
5.76%
37.27%
53.05%
12.13%
52.51%
6.53%
Telecom. Equipment
126
23.31%
9.61%
10.63%
10.49%
11.72%
8.70%
46.06%
62.74%
8.02%
14.88%
2.10%
Telecom. Services
77
64.15%
35.87%
55.92%
39.55%
65.43%
11.83%
36.34%
55.60%
16.56%
93.91%
7.39%
Tobacco
20
99.46%
16.18%
19.31%
16.49%
19.75%
12.39%
42.46%
41.74%
8.65%
23.98%
1.84%
Transportation
21
42.31%
10.83%
12.15%
17.38%
21.03%
20.08%
70.97%
42.36%
9.40%
100.59%
7.52%
Transportation (Railroads)
10
39.79%
14.89%
17.50%
16.81%
20.21%
21.30%
64.52%
30.73%
9.51%
111.30%
7.19%
Trucking
30
72.39%
37.62%
60.32%
40.00%
66.66%
27.38%
66.97%
48.49%
10.02%
36.38%
14.41%
Unclassified
8
26.79%
20.22%
25.34%
20.80%
26.26%
3.93%
7.89%
#DIV/0!
-6.80%
0.00%
0.67%
Utility (General)
21
55.56%
37.56%
60.16%
38.00%
61.30%
30.59%
70.25%
23.02%
9.45%
90.71%
7.80%
Utility (Water)
19
51.77%
33.03%
49.31%
33.41%
50.17%
15.10%
36.57%
38.21%
8.58%
107.87%
6.08%
Total Market
7887
61.57%
38.33%
62.16%
39.81%
66.14%
10.76%
45.17%
53.60%
6.56%
19.50%
2.22%

 



Updated January 2015
By Aswath Damodaran