Return on Equity 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/roe.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 ROE (unadjusted) ROE (adjusted for R&D)
Advertising 40 -0.88% -0.88%
Aerospace/Defense 87 29.03% 19.11%
Air Transport 17 24.78% 24.54%
Apparel 51 7.62% 7.59%
Auto & Truck 18 8.64% 6.03%
Auto Parts 62 24.14% 18.22%
Bank (Money Center) 11 9.93% 9.93%
Banks (Regional) 612 9.03% 9.03%
Beverage (Alcoholic) 28 25.16% 25.15%
Beverage (Soft) 35 28.39% 27.01%
Broadcasting 27 18.11% 18.09%
Brokerage & Investment Banking 42 11.41% 11.40%
Building Materials 39 23.81% 22.06%
Business & Consumer Services 169 18.32% 17.90%
Cable TV 14 11.05% 11.02%
Chemical (Basic) 38 18.60% 17.61%
Chemical (Diversified) 7 14.20% 12.28%
Chemical (Specialty) 99 17.00% 14.26%
Coal & Related Energy 30 NA NA
Computer Services 111 28.66% 21.77%
Computers/Peripherals 58 28.55% 22.05%
Construction Supplies 49 13.23% 10.83%
Diversified 24 9.59% 8.95%
Drugs (Biotechnology) 459 13.45% 7.36%
Drugs (Pharmaceutical) 185 14.39% 10.51%
Education 34 2.60% 2.60%
Electrical Equipment 118 13.54% 11.90%
Electronics (Consumer & Office) 24 -29.60% -15.28%
Electronics (General) 167 11.30% 9.32%
Engineering/Construction 49 7.71% 7.66%
Entertainment 90 18.99% 18.97%
Environmental & Waste Services 87 9.47% 9.46%
Farming/Agriculture 34 12.10% 10.60%
Financial Svcs. (Non-bank & Insurance) 264 -0.29% -0.29%
Food Processing 87 11.54% 11.20%
Food Wholesalers 15 16.64% 16.64%
Furn/Home Furnishings 31 17.62% 15.48%
Green & Renewable Energy 22 0.66% 0.64%
Healthcare Products 251 9.51% 8.26%
Healthcare Support Services 115 17.40% 17.16%
Heathcare Information and Technology 112 10.80% 9.14%
Homebuilding 32 12.49% 12.49%
Hospitals/Healthcare Facilities 35 8.21% 8.21%
Hotel/Gaming 70 12.94% 12.77%
Household Products 131 29.25% 26.06%
Information Services 61 20.91% 19.84%
Insurance (General) 21 1.97% 1.97%
Insurance (Life) 25 4.17% 4.17%
Insurance (Prop/Cas.) 50 7.29% 7.29%
Investments & Asset Management 165 13.75% 13.66%
Machinery 126 19.08% 16.82%
Metals & Mining 102 10.78% 10.67%
Office Equipment & Services 24 8.70% 7.32%
Oil/Gas (Integrated) 5 5.90% 5.81%
Oil/Gas (Production and Exploration) 311 -4.87% -4.88%
Oil/Gas Distribution 16 1.97% 1.97%
Oilfield Svcs/Equip. 130 1.97% 1.82%
Packaging & Container 25 20.54% 19.39%
Paper/Forest Products 21 6.15% 6.11%
Power 61 15.55% 15.47%
Precious Metals 111 1.89% 1.85%
Publishing & Newspapers 41 -2.51% -2.50%
R.E.I.T. 244 9.54% 9.53%
Real Estate (Development) 20 4.62% 4.62%
Real Estate (General/Diversified) 10 4.17% 4.17%
Real Estate (Operations & Services) 60 15.06% 14.98%
Recreation 70 5.26% 4.70%
Reinsurance 3 6.05% 6.05%
Restaurant/Dining 81 95.67% 95.00%
Retail (Automotive) 25 34.26% 34.26%
Retail (Building Supply) 8 91.26% 91.25%
Retail (Distributors) 92 16.05% 16.04%
Retail (General) 18 16.10% 16.10%
Retail (Grocery and Food) 14 24.43% 24.43%
Retail (Online) 61 18.72% 17.44%
Retail (Special Lines) 106 16.59% 16.43%
Rubber& Tires 4 21.44% 17.36%
Semiconductor 72 19.87% 13.39%
Semiconductor Equip 45 33.63% 22.81%
Shipbuilding & Marine 9 -1.88% -1.88%
Shoe 11 25.32% 25.08%
Software (Entertainment) 13 16.33% 11.46%
Software (Internet) 305 18.52% 14.66%
Software (System & Application) 255 17.08% 12.01%
Steel 37 12.23% 12.13%
Telecom (Wireless) 18 1.87% 1.87%
Telecom. Equipment 104 15.31% 11.00%
Telecom. Services 66 16.34% 15.82%
Tobacco 24 NA NA
Transportation 18 28.97% 28.89%
Transportation (Railroads) 8 17.41% 17.41%
Trucking 30 7.87% 7.86%
Utility (General) 18 9.95% 9.94%
Utility (Water) 23 10.00% 9.89%
Total Market 7247 13.63% 12.38%
Total Market (without financials) 6057 14.54% 12.78%

Last updated January 2018
By Aswath Damodaran