Fundamental Growth in EBIT 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/fundgrEB.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 ROC Reinvestment Rate Expected Growth in EBIT
Advertising 61 51.51% -31.67% -16.31%
Aerospace/Defense 72 19.11% 36.93% 7.06%
Air Transport 17 -16.07% NA NA
Apparel 51 7.54% -146.72% -11.07%
Auto & Truck 19 1.17% 184.40% 2.16%
Auto Parts 52 6.46% 30.07% 1.94%
Bank (Money Center) 7 -0.01% NA NA
Banks (Regional) 598 -0.08% NA NA
Beverage (Alcoholic) 23 14.43% 24.11% 3.48%
Beverage (Soft) 41 26.74% 37.01% 9.89%
Broadcasting 29 16.92% 111.06% 18.79%
Brokerage & Investment Banking 39 0.00% NA NA
Building Materials 42 24.17% -2.46% -0.59%
Business & Consumer Services 169 18.33% -11.51% -2.11%
Cable TV 13 11.09% -15.01% -1.66%
Chemical (Basic) 48 9.53% 18.24% 1.74%
Chemical (Diversified) 5 5.93% -68.79% -4.08%
Chemical (Specialty) 97 11.84% 10.49% 1.24%
Coal & Related Energy 29 -7.50% NA NA
Computer Services 116 22.98% -16.58% -3.81%
Computers/Peripherals 52 27.82% -0.24% -0.07%
Construction Supplies 46 9.93% -8.26% -0.82%
Diversified 29 13.44% 20.49% 2.75%
Drugs (Biotechnology) 547 6.22% 721.55% 44.87%
Drugs (Pharmaceutical) 287 20.31% 48.92% 9.94%
Education 38 9.89% 61.41% 6.07%
Electrical Equipment 122 22.12% 36.52% 8.08%
Electronics (Consumer & Office) 22 4.66% -112.45% -5.24%
Electronics (General) 157 11.08% 59.96% 6.65%
Engineering/Construction 61 14.85% 283.75% 42.14%
Entertainment 118 7.96% 16.68% 1.33%
Environmental & Waste Services 86 19.19% 22.50% 4.32%
Farming/Agriculture 32 9.12% 38.73% 3.53%
Financial Svcs. (Non-bank & Insurance) 235 0.40% 122.62% 0.49%
Food Processing 101 17.53% 15.12% 2.65%
Food Wholesalers 18 8.89% 87.56% 7.78%
Furn/Home Furnishings 40 14.59% -26.83% -3.92%
Green & Renewable Energy 25 6.89% 110.11% 7.59%
Healthcare Products 265 13.22% 113.46% 15.00%
Healthcare Support Services 129 35.27% 19.57% 6.90%
Heathcare Information and Technology 139 16.35% 10.28% 1.68%
Homebuilding 30 13.58% -10.15% -1.38%
Hospitals/Healthcare Facilities 32 13.18% -26.10% -3.44%
Hotel/Gaming 66 -5.24% NA NA
Household Products 140 34.99% -2.57% -0.90%
Information Services 77 24.34% -7.08% -1.72%
Insurance (General) 21 9.26% -44.47% -4.12%
Insurance (Life) 26 4.33% 2.64% 0.11%
Insurance (Prop/Cas.) 55 10.74% 13.47% 1.45%
Investments & Asset Management 348 7.24% 46.23% 3.34%
Machinery 125 21.42% 20.62% 4.42%
Metals & Mining 86 10.75% -7.46% -0.80%
Office Equipment & Services 22 12.84% -10.66% -1.37%
Oil/Gas (Integrated) 3 -2.33% NA NA
Oil/Gas (Production and Exploration) 278 -6.33% NA NA
Oil/Gas Distribution 57 9.01% 36.48% 3.29%
Oilfield Svcs/Equip. 135 1.29% -39.83% -0.52%
Packaging & Container 26 12.25% 22.77% 2.79%
Paper/Forest Products 15 8.38% -27.91% -2.34%
Power 55 6.80% 119.53% 8.13%
Precious Metals 93 9.87% -44.22% -4.37%
Publishing & Newspapers 29 10.48% -4.91% -0.51%
R.E.I.T. 238 2.05% -75.13% -1.54%
Real Estate (Development) 25 -1.41% NA NA
Real Estate (General/Diversified) 11 1.96% 497.44% 9.73%
Real Estate (Operations & Services) 61 7.97% -93.68% -7.47%
Recreation 69 8.65% 206.78% 17.89%
Reinsurance 2 3.74% -17.14% -0.64%
Restaurant/Dining 79 7.24% 48.72% 3.53%
Retail (Automotive) 30 10.10% -23.16% -2.34%
Retail (Building Supply) 15 37.47% -26.45% -9.91%
Retail (Distributors) 85 11.67% 63.11% 7.37%
Retail (General) 17 14.67% -42.80% -6.28%
Retail (Grocery and Food) 14 9.63% -14.72% -1.42%
Retail (Online) 75 11.04% 55.37% 6.11%
Retail (Special Lines) 85 5.29% -179.34% -9.49%
Rubber& Tires 3 0.01% NA NA
Semiconductor 70 17.39% 79.83% 13.88%
Semiconductor Equip 40 27.89% 28.59% 7.98%
Shipbuilding & Marine 11 3.74% 124.48% 4.66%
Shoe 11 20.90% -30.66% -6.41%
Software (Entertainment) 101 14.73% 67.80% 9.99%
Software (Internet) 36 6.66% 217.24% 14.46%
Software (System & Application) 388 22.28% 33.69% 7.50%
Steel 32 5.81% 28.49% 1.66%
Telecom (Wireless) 16 10.22% 168.20% 17.19%
Telecom. Equipment 96 21.80% 11.71% 2.55%
Telecom. Services 58 13.78% -2.19% -0.30%
Tobacco 15 45.33% 0.69% 0.31%
Transportation 21 13.32% 68.34% 9.10%
Transportation (Railroads) 6 12.97% 12.83% 1.66%
Trucking 35 -4.04% NA NA
Utility (General) 16 6.79% 110.40% 7.49%
Utility (Water) 17 6.05% 394.54% 23.87%
Total Market 7582 6.05% 33.16% 2.01%
Total Market (without financials) 6253 10.58% 29.40% 3.11%

Last updated in January 2021
By Aswath Damodaran