Revenue Multiples by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2018

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 40 1.02 5.45% 1.66 12.40%
Aerospace/Defense 87 1.84 7.22% 2.09 11.81%
Air Transport 17 0.94 7.03% 1.56 12.84%
Apparel 51 1.56 3.43% 1.99 10.94%
Auto & Truck 18 0.52 2.07% 1.22 3.96%
Auto Parts 62 0.82 5.32% 0.98 9.08%
Bank (Money Center) 11 3.65 26.03% 8.45 -0.07%
Banks (Regional) 612 4.39 23.82% 6.27 -0.16%
Beverage (Alcoholic) 28 4.05 21.18% 5.05 23.41%
Beverage (Soft) 35 3.57 10.86% 4.20 19.32%
Broadcasting 27 1.44 4.09% 2.83 23.45%
Brokerage & Investment Banking 42 2.48 15.01% 6.75 0.11%
Building Materials 39 1.51 6.30% 1.78 10.31%
Business & Consumer Services 169 1.59 5.19% 1.94 10.49%
Cable TV 14 2.28 7.88% 3.44 18.25%
Chemical (Basic) 38 1.32 5.77% 1.76 10.91%
Chemical (Diversified) 7 2.43 5.58% 2.90 12.03%
Chemical (Specialty) 99 2.25 7.53% 2.79 13.50%
Coal & Related Energy 30 0.78 12.62% 1.01 8.87%
Computer Services 111 1.08 5.93% 1.34 8.30%
Computers/Peripherals 58 2.69 14.34% 3.03 19.76%
Construction Supplies 49 1.71 4.78% 2.14 9.62%
Diversified 24 2.09 8.54% 2.62 12.95%
Drugs (Biotechnology) 459 7.02 12.57% 7.70 24.92%
Drugs (Pharmaceutical) 185 4.60 14.05% 5.08 23.63%
Education 34 1.45 1.38% 1.87 8.17%
Electrical Equipment 118 2.26 6.21% 2.48 11.89%
Electronics (Consumer & Office) 24 2.45 -10.63% 2.52 -3.36%
Electronics (General) 167 2.00 6.67% 2.12 9.48%
Engineering/Construction 49 0.58 1.99% 0.69 4.29%
Entertainment 90 2.24 11.50% 2.87 20.72%
Environmental & Waste Services 87 1.96 4.41% 2.63 12.54%
Farming/Agriculture 34 0.70 3.08% 1.02 4.50%
Financial Svcs. (Non-bank & Insurance) 264 2.82 26.46% 31.18 7.28%
Food Processing 87 1.88 7.37% 2.42 14.21%
Food Wholesalers 15 0.39 1.34% 0.53 2.98%
Furn/Home Furnishings 31 1.14 5.89% 1.41 9.42%
Green & Renewable Energy 22 4.44 1.27% 8.40 11.76%
Healthcare Products 251 4.35 8.52% 4.79 15.34%
Healthcare Support Services 115 0.55 2.58% 0.62 4.68%
Heathcare Information and Technology 112 4.29 8.54% 4.95 13.77%
Homebuilding 32 1.12 5.98% 1.49 10.11%
Hospitals/Healthcare Facilities 35 0.49 0.61% 1.32 8.81%
Hotel/Gaming 70 3.07 8.25% 4.15 19.60%
Household Products 131 2.79 13.90% 3.30 18.24%
Information Services 61 5.44 13.39% 6.03 25.32%
Insurance (General) 21 1.38 2.41% 1.84 5.11%
Insurance (Life) 25 1.06 4.85% 1.45 8.21%
Insurance (Prop/Cas.) 50 1.25 5.17% 1.52 9.30%
Investments & Asset Management 165 4.05 22.54% 4.96 19.95%
Machinery 126 2.30 8.27% 2.65 13.60%
Metals & Mining 102 2.09 6.03% 2.54 17.94%
Office Equipment & Services 24 0.75 2.25% 1.02 8.56%
Oil/Gas (Integrated) 5 1.82 5.64% 2.07 2.94%
Oil/Gas (Production and Exploration) 311 3.21 -6.62% 4.33 0.26%
Oil/Gas Distribution 16 2.37 2.04% 4.52 17.80%
Oilfield Svcs/Equip. 130 0.82 0.73% 1.02 3.23%
Packaging & Container 25 1.13 5.25% 1.65 10.00%
Paper/Forest Products 21 0.74 2.26% 0.97 5.43%
Power 61 2.03 13.93% 3.51 17.94%
Precious Metals 111 3.07 3.55% 3.24 17.38%
Publishing & Newspapers 41 0.78 -1.18% 1.04 7.43%
R.E.I.T. 244 6.56 24.44% 11.48 22.31%
Real Estate (Development) 20 5.62 13.45% 7.42 11.59%
Real Estate (General/Diversified) 10 5.82 8.99% 6.20 14.64%
Real Estate (Operations & Services) 60 1.44 5.18% 1.99 7.56%
Recreation 70 1.63 2.12% 2.02 10.92%
Reinsurance 3 1.04 5.26% 1.23 7.31%
Restaurant/Dining 81 2.73 9.98% 3.54 14.55%
Retail (Automotive) 25 0.54 3.27% 0.95 5.39%
Retail (Building Supply) 8 1.76 7.00% 2.05 11.63%
Retail (Distributors) 92 0.96 3.93% 1.36 7.97%
Retail (General) 18 0.58 2.32% 0.74 4.21%
Retail (Grocery and Food) 14 0.22 1.62% 0.41 2.33%
Retail (Online) 61 3.32 3.72% 3.58 3.76%
Retail (Special Lines) 106 0.64 3.18% 0.94 5.82%
Rubber& Tires 4 0.55 6.64% 0.92 10.31%
Semiconductor 72 4.17 18.10% 4.35 25.02%
Semiconductor Equip 45 3.16 18.74% 3.23 22.55%
Shipbuilding & Marine 9 1.59 -1.80% 2.29 7.40%
Shoe 11 2.56 9.44% 2.68 11.39%
Software (Entertainment) 13 6.44 15.97% 6.39 20.57%
Software (Internet) 305 7.95 23.83% 8.04 24.31%
Software (System & Application) 255 6.62 14.59% 7.27 19.25%
Steel 37 0.76 3.51% 0.96 7.29%
Telecom (Wireless) 18 1.02 1.01% 2.15 8.77%
Telecom. Equipment 104 3.09 13.76% 3.48 18.37%
Telecom. Services 66 1.52 8.38% 2.57 17.58%
Tobacco 24 5.84 43.37% 6.63 40.60%
Transportation 18 1.22 4.44% 1.54 7.72%
Transportation (Railroads) 8 4.46 18.68% 5.40 34.33%
Trucking 30 1.09 1.99% 1.79 7.65%
Utility (General) 18 2.24 9.48% 3.73 19.39%
Utility (Water) 23 4.72 12.96% 6.48 28.31%
Total Market 7247 2.05 7.90% 3.10 10.56%
Total Market (without financials) 6057 1.98 6.89% 2.49 11.19%

Last Updated in January 2018
By Aswath Damodaran