Margins
by SectorData Used: S&P Capital IQ, Bloomberg and the Fed
Date of Analysis: Data used is as of January 2014
Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/margin.xls
can be obtained by clicking here
on
which companies are included in each industry
| Industry Name | Number of firms | Net Margin | Pre-tax Unadjusted Operating Margin | Pre-tax Lease adjusted Margin | After-tax Lease Adjusted Margin | EBITDA/Sales | EBITDASG&A/Sales | EBITDAR&D/Sales |
| Advertising | 65 | 3.90% | 11.54% | 14.58% | 13.70% | 15.52% | 35.21% | 15.70% |
| Aerospace/Defense | 95 | 6.64% | 11.13% | 11.39% | 9.68% | 12.78% | 20.30% | 16.85% |
| Air Transport | 25 | 2.82% | 6.60% | 7.20% | 6.21% | 9.40% | 13.41% | 9.46% |
| Apparel | 70 | 6.72% | 12.95% | 13.85% | 12.42% | 14.23% | 49.53% | 14.64% |
| Auto & Truck | 26 | 3.82% | 3.34% | 3.49% | 3.33% | 6.88% | 15.48% | 11.12% |
| Auto Parts | 75 | 4.00% | 7.45% | 7.82% | 7.08% | 9.17% | 16.66% | 11.79% |
| Bank | 7 | 27.21% | 0.00% | 0.00% | 0.00% | 0.00% | 44.42% | 0.00% |
| Banks (Regional) | 721 | 23.05% | 0.00% | 0.00% | 0.00% | 0.00% | 50.77% | 0.00% |
| Beverage | 47 | 12.77% | 17.75% | 17.83% | 17.13% | 21.54% | 57.88% | 21.97% |
| Beverage (Alcoholic) | 19 | 22.63% | 20.23% | 20.58% | 18.38% | 22.38% | 50.35% | 22.42% |
| Biotechnology | 349 | 6.88% | 16.91% | 16.64% | 16.45% | 22.31% | 52.85% | 56.85% |
| Broadcasting | 30 | 29.55% | 24.41% | 26.68% | 23.15% | 27.45% | 49.82% | 27.45% |
| Brokerage & Investment Banking | 49 | 9.72% | 0.59% | 1.76% | 1.52% | 0.56% | 34.05% | 0.63% |
| Building Materials | 37 | 1.91% | 6.35% | 6.98% | 5.84% | 8.21% | 24.60% | 8.95% |
| Business & Consumer Services | 179 | 4.34% | 9.51% | 10.08% | 8.73% | 12.85% | 32.77% | 13.09% |
| Cable TV | 16 | 8.93% | 18.61% | 19.01% | 16.16% | 28.96% | 55.80% | 29.01% |
| Chemical (Basic) | 47 | 4.28% | 10.01% | 10.32% | 9.67% | 14.11% | 21.90% | 14.70% |
| Chemical (Diversified) | 10 | 7.74% | 9.38% | 9.59% | 7.19% | 14.22% | 21.72% | 17.82% |
| Chemical (Specialty) | 100 | 11.19% | 15.25% | 15.93% | 13.90% | 19.60% | 37.28% | 22.32% |
| Coal & Related Energy | 45 | -10.81% | 2.70% | 3.58% | 3.49% | 20.03% | 24.33% | 24.59% |
| Computer Services | 129 | 6.85% | 9.78% | 10.18% | 9.16% | 12.13% | 25.58% | 14.38% |
| Computer Software | 273 | 20.47% | 26.73% | 27.00% | 25.34% | 30.75% | 62.03% | 46.75% |
| Computers/Peripherals | 66 | 13.17% | 18.60% | 18.64% | 17.59% | 22.64% | 33.61% | 27.09% |
| Construction | 18 | 3.02% | 6.19% | 6.56% | 5.91% | 13.60% | 23.00% | 13.71% |
| Diversified | 20 | 10.46% | 13.77% | 14.41% | 12.59% | 20.30% | 26.86% | 24.20% |
| Educational Services | 40 | -0.07% | 8.23% | 8.16% | 7.20% | 15.38% | 53.22% | 15.80% |
| Electrical Equipment | 135 | 6.36% | 12.66% | 13.25% | 12.26% | 15.63% | 34.92% | 17.66% |
| Electronics | 191 | 5.67% | 8.25% | 8.03% | 7.43% | 12.60% | 25.51% | 17.22% |
| Electronics (Consumer & Office) | 26 | 9.36% | 6.46% | 7.76% | 7.06% | 10.49% | 29.91% | 14.03% |
| Engineering | 56 | 2.15% | 4.48% | 5.23% | 4.45% | 6.01% | 11.63% | 6.03% |
| Entertainment | 85 | 13.75% | 19.81% | 19.80% | 18.84% | 22.99% | 35.78% | 23.00% |
| Environmental & Waste Services | 108 | 4.40% | 11.62% | 12.48% | 11.85% | 18.71% | 30.56% | 18.77% |
| Farming/Agriculture | 29 | 1.05% | 2.40% | 2.55% | 2.32% | 3.58% | 6.11% | 3.67% |
| Financial Svcs. | 76 | 21.77% | 9.85% | 10.05% | 8.20% | 10.47% | 46.05% | 10.66% |
| Financial Svcs. (Non-bank & Insurance) | 17 | 15.55% | 0.14% | 1.51% | 1.36% | 0.00% | 55.30% | 0.00% |
| Food Processing | 97 | 6.22% | 10.75% | 11.18% | 9.61% | 12.88% | 29.02% | 13.61% |
| Food Wholesalers | 18 | 2.02% | 4.00% | 4.13% | 3.69% | 4.98% | 17.62% | 4.98% |
| Furn/Home Furnishings | 36 | 4.16% | 7.33% | 7.87% | 7.08% | 9.11% | 25.19% | 10.73% |
| Healthcare Equipment | 193 | 9.41% | 20.30% | 20.53% | 19.34% | 26.43% | 57.91% | 35.39% |
| Healthcare Facilities | 47 | 2.54% | 10.76% | 10.95% | 9.47% | 15.79% | 18.84% | 15.84% |
| Healthcare Products | 58 | 4.26% | 10.65% | 11.00% | 10.04% | 17.58% | 53.00% | 23.01% |
| Healthcare Services | 126 | 2.42% | 4.99% | 5.08% | 4.38% | 5.48% | 13.82% | 5.56% |
| Heathcare Information and Technology | 125 | 7.52% | 13.02% | 13.42% | 12.61% | 18.58% | 46.61% | 25.42% |
| Heavy Construction | 46 | 5.61% | 9.71% | 10.05% | 8.10% | 14.38% | 24.06% | 17.44% |
| Homebuilding | 32 | 14.11% | 8.80% | 8.97% | 8.37% | 7.22% | 18.54% | 7.22% |
| Hotel/Gaming | 89 | 2.87% | 15.76% | 15.56% | 13.93% | 22.13% | 38.71% | 22.54% |
| Household Products | 139 | 9.63% | 16.43% | 16.60% | 15.02% | 19.23% | 52.48% | 21.01% |
| Information Services | 71 | 15.50% | 24.23% | 25.17% | 20.88% | 27.44% | 47.53% | 28.73% |
| Insurance (General) | 26 | 5.02% | 13.04% | 13.28% | 10.73% | 19.21% | 23.19% | 19.22% |
| Insurance (Life) | 27 | 4.85% | 8.54% | 8.70% | 7.15% | 9.81% | 18.20% | 9.81% |
| Insurance (Prop/Cas.) | 53 | 10.33% | 14.35% | 14.59% | 11.75% | 12.87% | 21.72% | 12.87% |
| Internet software and services | 330 | 14.18% | 18.91% | 18.84% | 17.97% | 23.50% | 51.08% | 35.98% |
| Investment Co. | 65 | 16.63% | 6.83% | 7.01% | 6.55% | 6.16% | 55.30% | 6.28% |
| Machinery | 141 | 7.72% | 12.07% | 12.59% | 10.95% | 15.26% | 34.49% | 17.12% |
| Metals & Mining | 134 | 4.86% | 14.28% | 14.50% | 14.22% | 22.90% | 28.30% | 23.31% |
| Office Equipment & Services | 30 | 2.68% | 8.27% | 8.99% | 7.83% | 12.00% | 36.81% | 13.39% |
| Oil/Gas (Integrated) | 8 | 9.72% | 12.61% | 12.99% | 10.32% | 21.10% | 24.55% | 21.35% |
| Oil/Gas (Production and Exploration) | 411 | 7.68% | 22.49% | -36.96% | -34.64% | 42.09% | 48.34% | 42.18% |
| Oil/Gas Distribution | 80 | 4.14% | 7.95% | 8.01% | 7.68% | 10.32% | 13.05% | 10.32% |
| Oilfield Svcs/Equip. | 163 | 3.52% | 5.69% | 6.22% | 5.56% | 8.73% | 11.18% | 9.08% |
| Packaging & Container | 24 | 3.73% | 9.29% | 9.81% | 7.72% | 13.61% | 24.06% | 14.29% |
| Paper/Forest Products | 21 | 4.05% | 7.20% | 7.51% | 6.89% | 11.26% | 23.08% | 11.34% |
| Pharma & Drugs | 138 | 20.31% | 24.76% | 25.08% | 24.00% | 34.02% | 63.21% | 48.88% |
| Power | 106 | 7.26% | 17.06% | 16.25% | 13.65% | 26.90% | 30.44% | 27.01% |
| Precious Metals | 166 | -18.86% | 11.65% | 12.22% | 12.12% | 42.36% | 51.58% | 44.42% |
| Publshing & Newspapers | 52 | 3.10% | 9.24% | 9.57% | 8.24% | 15.78% | 34.69% | 16.92% |
| R.E.I.T. | 46 | 73.16% | 0.29% | 0.33% | 0.32% | 0.95% | 12.06% | 0.95% |
| Railroad | 10 | 17.62% | 30.74% | 31.27% | 24.86% | 37.71% | 37.80% | 37.71% |
| Real Estate (Development) | 22 | -12.88% | 8.18% | 5.88% | 5.71% | 6.62% | 19.19% | 6.62% |
| Real Estate (General/Diversified) | 11 | 4.80% | 8.37% | 8.71% | 7.95% | 21.96% | 38.13% | 21.96% |
| Real Estate (Operations & Services) | 47 | 3.96% | 9.14% | 9.57% | 8.75% | 12.49% | 50.21% | 12.53% |
| Recreation | 70 | 7.29% | 14.11% | 14.16% | 12.91% | 18.15% | 40.21% | 20.58% |
| Reinsurance | 3 | 5.37% | 8.25% | 8.14% | 7.05% | 13.08% | 13.34% | 13.08% |
| Restaurant | 84 | 7.73% | 15.05% | 14.12% | 11.98% | 19.60% | 32.65% | 19.63% |
| Retail (Automotive) | 30 | 2.94% | 5.47% | 5.05% | 4.08% | 6.04% | 19.24% | 6.04% |
| Retail (Building Supply) | 7 | 5.56% | 9.86% | 9.16% | 7.15% | 11.08% | 33.44% | 11.08% |
| Retail (Distributors) | 87 | 3.53% | 9.32% | 9.76% | 8.18% | 9.64% | 28.34% | 9.68% |
| Retail (General) | 21 | 2.90% | 5.28% | 5.07% | 3.80% | 7.40% | 26.96% | 7.41% |
| Retail (Grocery and Food) | 21 | 0.75% | 3.00% | 2.26% | 1.74% | 4.86% | 23.65% | 4.86% |
| Retail (Internet) | 47 | 3.37% | 4.37% | 4.12% | 3.71% | 6.31% | 29.71% | 9.43% |
| Retail (Special Lines) | 137 | 3.88% | 7.02% | 6.84% | 5.55% | 8.85% | 31.76% | 8.89% |
| Rubber& Tires | 4 | 2.68% | 7.01% | 7.60% | 6.45% | 9.86% | 22.55% | 11.63% |
| Semiconductor | 104 | 11.43% | 15.65% | 15.91% | 14.75% | 27.61% | 41.51% | 46.82% |
| Semiconductor Equip | 51 | -1.25% | 6.65% | 7.07% | 6.71% | 16.15% | 31.86% | 30.06% |
| Shipbuilding & Marine | 14 | 0.27% | 7.68% | 10.59% | 10.06% | 15.85% | 24.42% | 15.85% |
| Shoe | 14 | 9.47% | 12.67% | 12.90% | 10.35% | 13.17% | 44.35% | 13.28% |
| Steel | 37 | -2.44% | 4.38% | 4.60% | 3.95% | 8.86% | 15.01% | 8.93% |
| Telecom (Wireless) | 28 | -6.30% | 3.65% | -0.97% | -0.86% | 19.28% | 49.22% | 19.42% |
| Telecom. Equipment | 131 | 14.98% | 18.71% | 19.01% | 17.70% | 23.36% | 44.04% | 38.01% |
| Telecom. Services | 82 | 3.32% | 12.27% | 12.50% | 11.45% | 25.68% | 56.41% | 26.17% |
| Thrift | 223 | 164.70% | -0.23% | 0.00% | 0.00% | 0.00% | 10.00% | 0.01% |
| Tobacco | 12 | 24.69% | 40.07% | 40.37% | 34.63% | 41.50% | 58.51% | 42.45% |
| Transportation | 22 | 3.36% | 5.91% | 6.11% | 4.81% | 8.52% | 9.84% | 8.53% |
| Trucking | 28 | 3.17% | 9.05% | 11.43% | 8.24% | 13.29% | 19.71% | 13.29% |
| Utility (General) | 20 | 6.28% | 17.48% | 17.51% | 12.27% | 27.32% | 27.68% | 27.36% |
| Utility (Water) | 20 | 14.20% | 29.10% | 29.18% | 24.94% | 42.50% | 47.68% | 42.58% |
| Total Market | 7766 | 8.06% | 10.57% | 9.66% | 8.66% | 14.71% | 30.01% | 16.76% |