Revenue Multiples by Sector (US)

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/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 48 1.01 3.10% 1.57 11.86%
Aerospace/Defense 85 1.54 7.92% 1.84 12.03%
Air Transport 18 0.69 7.86% 1.25 10.40%
Apparel 50 1.27 4.52% 1.66 10.26%
Auto & Truck 14 0.42 1.82% 1.18 4.26%
Auto Parts 52 0.52 4.92% 0.67 8.99%
Bank (Money Center) 10 2.74 21.46% 5.48 -0.06%
Banks (Regional) 633 3.32 28.99% 5.24 -0.07%
Beverage (Alcoholic) 31 2.92 24.35% 3.87 22.41%
Beverage (Soft) 37 3.84 8.76% 4.55 20.91%
Broadcasting 24 1.09 9.59% 2.56 20.84%
Brokerage & Investment Banking 38 1.72 14.23% 5.56 0.30%
Building Materials 42 0.99 5.23% 1.26 9.63%
Business & Consumer Services 168 1.48 6.47% 1.93 10.91%
Cable TV 14 1.79 25.44% 2.96 18.39%
Chemical (Basic) 39 0.72 9.30% 1.10 12.80%
Chemical (Diversified) 6 1.27 4.97% 1.65 13.65%
Chemical (Specialty) 89 1.88 8.29% 2.37 13.92%
Coal & Related Energy 23 0.55 7.50% 0.74 8.61%
Computer Services 119 0.78 4.03% 1.01 8.65%
Computers/Peripherals 57 1.76 12.74% 2.08 16.35%
Construction Supplies 48 1.07 7.47% 1.47 11.89%
Diversified 23 1.76 8.70% 2.24 12.97%
Drugs (Biotechnology) 481 5.87 -1.61% 6.46 19.20%
Drugs (Pharmaceutical) 237 4.37 10.94% 4.79 23.36%
Education 35 1.77 6.81% 2.16 9.45%
Electrical Equipment 116 1.79 8.31% 2.10 13.51%
Electronics (Consumer & Office) 19 1.34 -4.07% 1.34 -1.94%
Electronics (General) 160 1.49 2.30% 1.64 9.69%
Engineering/Construction 52 0.43 2.18% 0.58 4.33%
Entertainment 120 3.02 13.43% 3.45 17.78%
Environmental & Waste Services 91 1.97 9.19% 2.61 12.35%
Farming/Agriculture 33 0.58 3.44% 0.93 5.34%
Financial Svcs. (Non-bank & Insurance) 259 2.40 20.06% 28.99 8.56%
Food Processing 83 1.39 11.98% 2.01 13.36%
Food Wholesalers 18 0.37 2.05% 0.53 3.19%
Furn/Home Furnishings 30 0.68 2.20% 0.98 8.65%
Green & Renewable Energy 21 3.73 10.02% 8.90 12.96%
Healthcare Products 248 4.49 5.80% 5.00 15.47%
Healthcare Support Services 111 0.52 2.46% 0.63 4.45%
Heathcare Information and Technology 119 4.03 9.55% 4.58 13.28%
Homebuilding 31 0.66 7.19% 0.99 10.61%
Hospitals/Healthcare Facilities 34 0.61 0.78% 1.45 9.91%
Hotel/Gaming 70 2.08 17.62% 3.26 19.81%
Household Products 141 2.56 6.79% 3.04 17.65%
Information Services 71 5.75 18.41% 6.36 27.15%
Insurance (General) 20 1.16 -1.61% 1.63 11.09%
Insurance (Life) 23 0.74 11.24% 1.34 10.93%
Insurance (Prop/Cas.) 50 1.12 9.51% 1.34 12.38%
Investments & Asset Management 172 2.68 24.52% 3.80 18.97%
Machinery 127 1.63 7.74% 2.00 14.12%
Metals & Mining 94 1.10 8.33% 1.41 23.82%
Office Equipment & Services 24 0.58 3.84% 0.87 7.82%
Oil/Gas (Integrated) 5 1.21 9.23% 1.38 8.55%
Oil/Gas (Production and Exploration) 301 1.83 9.94% 2.72 14.08%
Oil/Gas Distribution 20 1.74 5.98% 3.43 16.72%
Oilfield Svcs/Equip. 134 0.47 3.25% 0.64 4.91%
Packaging & Container 27 0.83 7.30% 1.34 10.73%
Paper/Forest Products 20 0.45 3.07% 0.59 7.72%
Power 51 1.99 9.57% 3.52 18.56%
Precious Metals 91 2.88 -5.90% 3.13 10.36%
Publishing & Newspapers 33 0.58 -1.00% 0.90 7.25%
R.E.I.T. 238 5.66 24.44% 10.64 22.59%
Real Estate (Development) 18 4.68 18.42% 7.15 4.94%
Real Estate (General/Diversified) 11 3.90 41.23% 4.38 33.71%
Real Estate (Operations & Services) 59 0.92 5.87% 1.44 7.16%
Recreation 72 1.47 3.25% 1.90 8.86%
Reinsurance 2 0.90 13.53% 1.04 11.80%
Restaurant/Dining 78 2.66 12.11% 3.50 14.28%
Retail (Automotive) 24 0.56 3.90% 0.94 5.21%
Retail (Building Supply) 17 1.35 7.29% 1.64 10.92%
Retail (Distributors) 88 0.71 5.63% 1.16 8.36%
Retail (General) 19 0.54 1.90% 0.70 4.12%
Retail (Grocery and Food) 12 0.21 2.85% 0.39 1.92%
Retail (Online) 79 3.07 11.34% 3.32 6.09%
Retail (Special Lines) 91 0.65 4.00% 0.95 6.48%
Rubber& Tires 4 0.35 2.72% 0.72 7.97%
Semiconductor 72 3.40 21.47% 3.71 29.63%
Semiconductor Equip 41 1.88 15.61% 1.94 24.15%
Shipbuilding & Marine 9 1.12 8.69% 1.70 8.52%
Shoe 10 2.66 5.59% 2.76 11.54%
Software (Entertainment) 92 5.92 18.91% 5.90 27.28%
Software (Internet) 44 5.72 1.88% 6.69 11.26%
Software (System & Application) 355 6.42 10.45% 6.99 21.35%
Steel 37 0.47 7.32% 0.64 8.97%
Telecom (Wireless) 21 1.02 14.88% 2.12 10.41%
Telecom. Equipment 98 3.04 2.11% 3.37 17.62%
Telecom. Services 67 1.38 18.76% 2.58 18.39%
Tobacco 17 3.58 31.42% 4.32 40.07%
Transportation 19 0.84 6.74% 1.16 8.39%
Transportation (Railroads) 10 4.12 50.93% 5.17 36.54%
Trucking 28 0.66 7.82% 1.30 8.22%
Utility (General) 18 2.16 11.49% 3.69 17.16%
Utility (Water) 19 5.17 15.06% 7.35 30.73%
Total Market  7209 1.74 8.89% 2.71 11.27%
Total Market (without financials) 6004 1.71 8.01% 2.20 11.81%

Last Updated in January 2019
By Aswath Damodaran