Revenue Multiples by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2015

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 Number of firms Price/Sales Net Margin EV/Sales Pre-tax Operating Margin
Advertising 52 1.34 3.98% 1.95 11.22%
Aerospace/Defense 93 1.40 7.64% 1.57 12.16%
Air Transport 22 1.02 9.32% 1.78 8.01%
Apparel 64 2.02 7.46% 2.37 12.81%
Auto & Truck 22 0.51 3.16% 0.97 2.36%
Auto Parts 75 0.69 3.44% 0.83 6.78%
Bank (Money Center) 13 2.74 18.90% 8.01 -0.24%
Banks (Regional) 676 3.49 22.23% 5.43 -0.35%
Beverage (Alcoholic) 22 3.84 14.21% 4.60 21.40%
Beverage (Soft) 46 2.80 12.66% 3.30 18.72%
Broadcasting 28 2.05 11.56% 3.45 23.08%
Brokerage & Investment Banking 46 1.86 12.48% 5.85 0.11%
Building Materials 39 1.08 4.09% 1.36 7.73%
Business & Consumer Services 177 1.29 4.29% 1.59 9.76%
Cable TV 18 2.03 9.31% 2.85 19.12%
Chemical (Basic) 46 0.90 5.98% 1.16 12.11%
Chemical (Diversified) 10 1.21 7.43% 1.53 10.74%
Chemical (Specialty) 103 2.07 10.01% 2.38 14.64%
Coal & Related Energy 42 0.89 -4.44% 1.76 2.48%
Computer Services 119 0.86 5.56% 1.03 9.53%
Computers/Peripherals 64 2.35 13.69% 2.45 19.29%
Construction Supplies 55 1.09 6.14% 1.51 10.10%
Diversified 23 1.96 10.12% 2.96 15.11%
Drugs (Biotechnology) 400 10.38 11.18% 10.80 22.74%
Drugs (Pharmaceutical) 151 4.33 15.95% 4.72 24.64%
Education 42 1.15 1.99% 1.42 6.72%
Electrical Equipment 126 1.76 5.64% 1.93 12.82%
Electronics (Consumer & Office) 28 2.09 3.56% 2.09 7.23%
Electronics (General) 189 1.62 6.18% 1.66 9.09%
Engineering/Construction 56 0.48 1.56% 0.54 4.47%
Entertainment 84 2.52 12.59% 3.11 19.56%
Environmental & Waste Services 103 1.60 3.08% 2.22 12.80%
Farming/Agriculture 37 0.47 3.33% 0.71 5.33%
Financial Svcs. (Non-bank & Insurance) 288 2.49 34.14% 31.67 6.92%
Food Processing 96 1.46 6.87% 1.82 12.00%
Food Wholesalers 14 0.45 1.79% 0.52 3.30%
Furn/Home Furnishings 27 1.05 3.98% 1.28 8.25%
Green & Renewable Energy 26 4.68 0.36% 9.23 15.96%
Healthcare Products 261 3.35 9.49% 3.70 16.84%
Healthcare Support Services 138 0.51 2.16% 0.61 4.55%
Heathcare Information and Technology 127 3.20 6.72% 3.67 12.02%
Homebuilding 35 1.07 6.82% 1.60 10.22%
Hospitals/Healthcare Facilities 56 1.56 4.50% 2.70 12.86%
Hotel/Gaming 80 2.33 3.72% 3.46 15.21%
Household Products 135 2.32 8.99% 2.66 16.48%
Information Services 67 3.64 13.78% 3.96 22.40%
Insurance (General) 24 1.15 8.47% 1.56 14.02%
Insurance (Life) 25 0.98 8.19% 1.51 14.12%
Insurance (Prop/Cas.) 52 1.09 9.00% 1.38 14.71%
Investments & Asset Management 148 3.18 19.11% 4.94 18.53%
Machinery 137 1.59 8.54% 1.80 13.18%
Metals & Mining 124 1.29 1.63% 1.83 16.07%
Office Equipment & Services 25 0.85 4.47% 1.21 9.40%
Oil/Gas (Integrated) 8 1.06 9.99% 1.14 12.24%
Oil/Gas (Production and Exploration) 392 1.89 7.52% 2.68 23.91%
Oil/Gas Distribution 85 1.32 3.04% 1.93 7.41%
Oilfield Svcs/Equip. 161 0.53 3.81% 0.64 6.07%
Packaging & Container 26 0.94 4.90% 1.36 9.87%
Paper/Forest Products 22 0.81 2.58% 1.19 7.95%
Power 82 1.72 8.03% 2.97 16.35%
Precious Metals 147 2.07 -13.91% 2.57 7.27%
Publshing & Newspapers 43 1.18 13.54% 1.61 9.39%
R.E.I.T. 213 6.51 19.01% 12.07 20.50%
Real Estate (Development) 18 5.27 1.26% 6.72 12.10%
Real Estate (General/Diversified) 11 3.32 34.38% 4.18 43.62%
Real Estate (Operations & Services) 52 1.65 4.96% 2.48 10.25%
Recreation 68 1.64 8.69% 2.07 12.60%
Reinsurance 4 0.86 8.52% 1.07 13.53%
Restaurant/Dining 79 2.39 9.40% 2.98 13.38%
Retail (Automotive) 30 0.66 3.12% 0.98 4.77%
Retail (Building Supply) 5 1.48 6.00% 1.74 9.83%
Retail (Distributors) 90 0.96 4.23% 1.39 9.24%
Retail (General) 23 0.60 2.67% 0.76 4.54%
Retail (Grocery and Food) 21 0.36 2.71% 0.56 2.02%
Retail (Online) 46 2.25 2.34% 2.27 3.76%
Retail (Special Lines) 128 0.90 3.46% 1.21 5.93%
Rubber& Tires 4 0.45 3.16% 0.74 8.85%
Semiconductor 100 3.06 13.70% 3.21 20.05%
Semiconductor Equip 47 2.60 4.73% 2.76 10.77%
Shipbuilding & Marine 14 1.28 13.96% 1.90 9.43%
Shoe 13 2.42 8.95% 2.51 12.38%
Software (Entertainment) 20 2.90 10.11% 2.86 14.45%
Software (Internet) 327 6.34 15.57% 6.32 17.72%
Software (System & Application) 259 4.71 17.34% 4.93 25.19%
Steel 40 0.49 -4.33% 0.75 4.61%
Telecom (Wireless) 21 0.77 -2.93% 1.81 1.42%
Telecom. Equipment 126 2.91 14.51% 3.05 18.70%
Telecom. Services 77 1.46 11.47% 2.37 22.45%
Tobacco 20 4.25 22.42% 4.99 40.74%
Transportation 21 1.29 4.96% 1.50 8.22%
Transportation (Railroads) 10 3.75 18.29% 4.43 31.68%
Trucking 30 1.01 3.78% 1.63 9.79%
Unclassified 8 4.79 -43.05% 3.69 -36.62%
Utility (General) 21 1.77 8.71% 2.83 15.91%
Utility (Water) 19 3.48 15.03% 5.19 30.58%
Total Market 7887 1.65 7.84% 2.60 11.15%

Last Updated in January 2015
By Aswath Damodaran