Historical (Compounded Annual) Growth Rates by Sector

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2019

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/histgr.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 CAGR in Net Income- Last 5 years CAGR in Revenues- Last 5 years Expected Growth in Revenues - Next 2 years Expected Growth in EPS - Next 5 years
Advertising 48 10.94% 23.49% 12.18% 14.30%
Aerospace/Defense 85 10.98% 1.63% 8.81% 14.00%
Air Transport 18 42.37% 6.65% 6.80% 13.99%
Apparel 50 -2.86% 20.06% 4.04% 12.19%
Auto & Truck 14 0.51% 16.51% 176.95% 28.13%
Auto Parts 52 10.66% 9.57% 38.90% 7.74%
Bank (Money Center) 10 4.86% 4.94% 3.21% 10.55%
Banks (Regional) 633 13.62% 9.77% 13.56% 10.04%
Beverage (Alcoholic) 31 20.47% 7.83% 17.16% 17.35%
Beverage (Soft) 37 10.42% 17.97% 16.59% 19.33%
Broadcasting 24 30.02% 8.33% 10.45% 15.69%
Brokerage & Investment Banking 38 15.47% 10.33% 9.90% 16.17%
Building Materials 42 24.87% 9.46% 9.41% 17.70%
Business & Consumer Services 168 17.06% 8.25% 11.42% 14.26%
Cable TV 14 10.50% 17.76% 6.22% 1.70%
Chemical (Basic) 39 1.77% 8.44% 15.29% 12.51%
Chemical (Diversified) 6 29.64% -1.16% 4.43% 7.95%
Chemical (Specialty) 89 1.33% 6.17% 13.40% 13.84%
Coal & Related Energy 23 -1.67% -7.96% 2.35% #DIV/0!
Computer Services 119 9.91% 27.22% 20.85% 12.55%
Computers/Peripherals 57 1.81% 2.07% 11.71% 12.13%
Construction Supplies 48 21.69% 6.27% 7.11% 13.37%
Diversified 23 7.99% 5.24% -0.88% 10.82%
Drugs (Biotechnology) 481 12.54% 33.89% 110.72% 35.58%
Drugs (Pharmaceutical) 237 -1.64% 70.67% 102.52% 11.13%
Education 35 -2.98% -0.48% 7.97% 13.57%
Electrical Equipment 116 11.77% -0.10% 31.16% 15.09%
Electronics (Consumer & Office) 19 -0.70% 6.39% 26.00% 14.72%
Electronics (General) 160 6.10% 7.79% 21.30% 16.75%
Engineering/Construction 52 9.79% 11.39% 10.25% 12.54%
Entertainment 120 17.66% 9.11% 21.50% 14.80%
Environmental & Waste Services 91 33.12% 9.50% 13.80% 14.42%
Farming/Agriculture 33 -4.00% 2.76% 2.97% 15.15%
Financial Svcs. (Non-bank & Insurance) 259 10.39% 10.73% 9.66% 15.04%
Food Processing 83 11.28% 6.54% 16.58% 6.41%
Food Wholesalers 18 4.53% 11.49% 10.09% 11.25%
Furn/Home Furnishings 30 0.25% 10.60% 11.65% 13.65%
Green & Renewable Energy 21 40.70% 3.44% 9.62% 6.50%
Healthcare Products 248 10.42% 13.97% 59.22% 17.99%
Healthcare Support Services 111 15.11% 12.49% 16.40% 14.66%
Heathcare Information and Technology 119 16.55% 14.63% 28.53% 15.99%
Homebuilding 31 24.97% 23.69% 11.49% 3.69%
Hospitals/Healthcare Facilities 34 17.32% 4.00% 4.10% 14.39%
Hotel/Gaming 70 31.03% 8.33% 9.04% 25.57%
Household Products 141 6.60% 7.40% 8.81% 9.17%
Information Services 71 10.55% 12.09% 15.58% 15.46%
Insurance (General) 20 5.40% 7.09% 10.64% 16.94%
Insurance (Life) 23 11.37% 0.60% 2.97% 10.48%
Insurance (Prop/Cas.) 50 6.47% 7.57% 5.15% 12.70%
Investments & Asset Management 172 7.23% 5.19% 5.78% 13.09%
Machinery 127 3.11% 4.01% 11.52% 17.61%
Metals & Mining 94 -7.61% 31.61% 6.99% 22.30%
Office Equipment & Services 24 12.01% 3.03% 21.04% 12.60%
Oil/Gas (Integrated) 5 -6.77% -6.89% 15.23% 21.43%
Oil/Gas (Production and Exploration) 301 5.01% -1.88% 32.53% 24.10%
Oil/Gas Distribution 20 17.22% 17.17% 13.68% 9.35%
Oilfield Svcs/Equip. 134 -1.30% 4.99% 19.08% 24.16%
Packaging & Container 27 11.28% 3.09% 6.68% 10.15%
Paper/Forest Products 20 1.54% 6.93% 1.81% 6.85%
Power 51 10.97% 4.99% 4.46% 8.85%
Precious Metals 91 -23.10% -9.33% 10.19% 6.07%
Publishing & Newspapers 33 3.86% -0.99% 4.53% 9.86%
R.E.I.T. 238 18.57% 14.61% 8.53% 5.67%
Real Estate (Development) 18 45.50% 9.84% 22.90% #DIV/0!
Real Estate (General/Diversified) 11 43.00% 14.62% 13.43% 17.20%
Real Estate (Operations & Services) 59 19.60% 7.70% 20.82% 32.75%
Recreation 72 10.91% 4.93% 7.61% 14.96%
Reinsurance 2 26.00% 6.61% 3.38% 8.50%
Restaurant/Dining 78 19.96% 6.75% 6.52% 15.23%
Retail (Automotive) 24 11.42% 10.28% 11.71% 16.69%
Retail (Building Supply) 17 -6.17% 4.68% 11.09% 15.85%
Retail (Distributors) 88 11.81% 6.75% 11.83% 17.99%
Retail (General) 19 1.37% 1.79% 3.89% 10.13%
Retail (Grocery and Food) 12 19.66% 5.75% 6.06% 8.35%
Retail (Online) 79 40.92% 8.62% 48.38% 22.27%
Retail (Special Lines) 91 3.16% 3.18% 3.17% 11.19%
Rubber& Tires 4 -11.37% -8.35% 1.49% 10.00%
Semiconductor 72 15.57% 10.50% 10.69% 16.80%
Semiconductor Equip 41 41.60% 10.31% 10.26% 13.77%
Shipbuilding & Marine 9 19.48% 9.08% 16.52% 16.50%
Shoe 10 0.50% 3.07% 4.93% 10.58%
Software (Entertainment) 92 10.36% 23.51% 18.30% 17.86%
Software (Internet) 44 1.44% 32.87% 20.97% 17.73%
Software (System & Application) 355 9.47% 16.90% 21.32% 20.10%
Steel 37 22.03% 3.30% 13.57% 27.83%
Telecom (Wireless) 21 61.05% 4.06% 6.04% 9.67%
Telecom. Equipment 98 5.42% 14.43% 13.39% 15.43%
Telecom. Services 67 5.99% 5.80% 12.23% 14.31%
Tobacco 17 2.32% 34.54% 6.50% 8.51%
Transportation 19 19.55% 20.83% 9.92% 15.74%
Transportation (Railroads) 10 25.02% 3.01% 5.89% 15.60%
Trucking 28 28.04% 6.64% 14.31% 19.73%
Utility (General) 18 16.57% 2.40% 2.70% 5.48%
Utility (Water) 19 6.97% 6.41% 3.96% 7.98%
Total Market  7209 12.30% 11.21% 24.53% 14.39%
Total Market (without financials) 6004 12.46% 11.66% 27.28% 14.88%

Last updated in January 2019
By Aswath Damodaran