Revenue Multiples 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/psdata.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 Price/Sales Net Margin EV/Sales Pre-tax Operating Margin
Advertising 61 1.16 0.34% 1.83 10.34%
Aerospace/Defense 72 1.61 2.49% 2.01 7.56%
Air Transport 17 0.94 -25.03% 1.97 -19.36%
Apparel 51 1.60 -3.94% 2.03 5.93%
Auto & Truck 19 2.71 1.40% 3.58 1.99%
Auto Parts 52 1.37 -4.45% 1.60 4.17%
Bank (Money Center) 7 3.13 20.98% 5.32 -0.11%
Banks (Regional) 598 3.74 23.79% 4.47 -0.41%
Beverage (Alcoholic) 23 4.37 11.95% 5.30 23.84%
Beverage (Soft) 41 4.32 14.10% 5.08 20.10%
Broadcasting 29 1.03 0.12% 2.08 19.03%
Brokerage & Investment Banking 39 2.05 12.71% 4.93 -0.02%
Building Materials 42 1.68 5.06% 2.00 10.97%
Business & Consumer Services 169 2.51 2.47% 2.97 9.12%
Cable TV 13 2.60 8.50% 3.85 18.07%
Chemical (Basic) 48 1.05 -0.72% 1.52 7.30%
Chemical (Diversified) 5 1.18 6.43% 1.72 5.87%
Chemical (Specialty) 97 2.73 2.21% 3.27 12.26%
Coal & Related Energy 29 0.64 -31.79% 1.08 -8.48%
Computer Services 116 1.11 3.62% 1.43 7.88%
Computers/Peripherals 52 4.83 12.48% 5.14 15.53%
Construction Supplies 46 1.80 5.86% 2.27 9.43%
Diversified 29 2.29 12.18% 2.80 18.14%
Drugs (Biotechnology) 547 8.09 -0.94% 8.73 9.36%
Drugs (Pharmaceutical) 287 4.91 14.10% 5.55 24.04%
Education 38 2.48 -4.82% 2.81 8.72%
Electrical Equipment 122 3.33 7.63% 3.66 12.82%
Electronics (Consumer & Office) 22 1.36 -1.53% 1.32 2.05%
Electronics (General) 157 2.39 3.49% 2.54 7.57%
Engineering/Construction 61 0.77 0.75% 0.90 4.32%
Entertainment 118 6.24 -3.00% 6.81 6.98%
Environmental & Waste Services 86 2.72 3.52% 3.34 12.09%
Farming/Agriculture 32 0.97 3.81% 1.35 6.67%
Financial Svcs. (Non-bank & Insurance) 235 3.26 20.13% 31.49 12.20%
Food Processing 101 1.71 6.38% 2.19 12.95%
Food Wholesalers 18 0.38 -0.36% 0.54 1.54%
Furn/Home Furnishings 40 1.08 4.63% 1.31 8.15%
Green & Renewable Energy 25 8.13 -34.82% 13.15 25.84%
Healthcare Products 265 6.94 10.91% 7.42 14.29%
Healthcare Support Services 129 0.55 2.63% 0.68 4.84%
Heathcare Information and Technology 139 6.78 10.61% 7.33 13.19%
Homebuilding 30 1.03 9.04% 1.21 11.82%
Hospitals/Healthcare Facilities 32 0.84 3.70% 1.54 9.48%
Hotel/Gaming 66 5.54 -30.78% 8.08 -14.77%
Household Products 140 3.70 11.71% 4.09 18.27%
Information Services 77 9.94 15.76% 10.54 23.52%
Insurance (General) 21 1.49 1.43% 1.97 12.90%
Insurance (Life) 26 0.74 6.54% 1.31 8.48%
Insurance (Prop/Cas.) 55 1.23 6.68% 1.44 10.89%
Investments & Asset Management 348 4.54 19.51% 5.87 16.70%
Machinery 125 2.68 6.58% 3.06 13.26%
Metals & Mining 86 2.57 1.64% 3.00 11.28%
Office Equipment & Services 22 0.85 1.95% 1.12 7.58%
Oil/Gas (Integrated) 3 1.10 -7.20% 1.54 -3.98%
Oil/Gas (Production and Exploration) 278 1.77 -78.85% 2.91 -20.70%
Oil/Gas Distribution 57 1.07 0.96% 2.42 17.38%
Oilfield Svcs/Equip. 135 0.45 -10.98% 0.73 0.72%
Packaging & Container 26 1.15 2.98% 1.72 9.82%
Paper/Forest Products 15 0.74 2.27% 0.94 6.00%
Power 55 2.49 8.80% 4.37 19.61%
Precious Metals 93 4.64 15.79% 4.82 21.64%
Publishing & Newspapers 29 0.83 -6.27% 1.17 5.34%
R.E.I.T. 238 7.47 6.72% 12.85 19.05%
Real Estate (Development) 25 3.46 -0.32% 6.00 -6.71%
Real Estate (General/Diversified) 11 6.22 5.12% 6.81 6.37%
Real Estate (Operations & Services) 61 1.18 1.53% 1.56 4.02%
Recreation 69 3.16 -2.12% 3.73 6.38%
Reinsurance 2 0.73 2.16% 0.81 4.21%
Restaurant/Dining 79 4.06 5.69% 5.27 6.55%
Retail (Automotive) 30 0.86 3.84% 1.24 5.48%
Retail (Building Supply) 15 1.84 7.53% 2.06 12.50%
Retail (Distributors) 85 1.06 2.74% 1.49 7.90%
Retail (General) 17 0.81 2.79% 0.93 4.09%
Retail (Grocery and Food) 14 0.21 2.20% 0.39 2.71%
Retail (Online) 75 4.52 4.95% 4.71 5.24%
Retail (Special Lines) 85 0.81 -0.10% 1.10 2.50%
Rubber& Tires 3 0.31 -10.40% 0.74 -0.02%
Semiconductor 70 6.71 20.49% 7.16 24.09%
Semiconductor Equip 40 5.03 17.06% 5.14 22.39%
Shipbuilding & Marine 11 1.12 -5.99% 1.74 5.66%
Shoe 11 4.93 6.86% 5.05 8.93%
Software (Entertainment) 101 8.11 20.30% 8.16 19.82%
Software (Internet) 36 14.85 -5.60% 15.67 4.80%
Software (System & Application) 388 11.40 19.99% 11.82 23.27%
Steel 32 0.70 -1.28% 0.93 3.63%
Telecom (Wireless) 16 2.46 4.60% 3.67 12.42%
Telecom. Equipment 96 3.29 10.79% 3.56 18.91%
Telecom. Services 58 1.41 8.52% 2.51 19.06%
Tobacco 15 3.83 15.31% 4.82 42.92%
Transportation 21 1.26 3.88% 1.56 6.07%
Transportation (Railroads) 6 6.75 25.07% 8.10 38.69%
Trucking 35 2.16 -9.27% 2.73 -2.56%
Utility (General) 16 2.40 8.59% 4.14 20.15%
Utility (Water) 17 7.04 16.24% 9.79 30.22%
Total Market 7582 2.64 5.05% 3.65 9.42%
Total Market (without financials) 6253 2.66 4.01% 3.20 9.72%

Last Updated in January 2021
By Aswath Damodaran