Tax Rates 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/taxrate.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
Average across all companies
Average across only money-making companies
Aggregate effective tax rate
Advertising
52
4.13%
33.48%
38.31%
Aerospace/Defense
93
14.87%
28.27%
28.44%
Air Transport
22
18.71%
16.89%
NA
Apparel
64
11.16%
28.09%
29.55%
Auto & Truck
22
4.45%
6.21%
NA
Auto Parts
75
11.05%
25.43%
25.63%
Bank (Money Center)
13
26.43%
30.66%
30.66%
Banks (Regional)
676
20.66%
27.66%
26.94%
Beverage (Alcoholic)
22
8.54%
25.99%
26.09%
Beverage (Soft)
46
5.55%
24.38%
24.48%
Broadcasting
28
18.34%
31.10%
35.59%
Brokerage & Investment Banking
46
13.99%
27.82%
27.89%
Building Materials
39
17.45%
23.17%
8.52%
Business & Consumer Services
177
13.30%
35.62%
38.54%
Cable TV
18
21.18%
34.20%
34.21%
Chemical (Basic)
46
10.88%
32.10%
35.44%
Chemical (Diversified)
10
22.47%
25.86%
25.86%
Chemical (Specialty)
103
11.16%
27.58%
27.42%
Coal & Related Energy
42
0.99%
0.82%
NA
Computer Services
119
10.48%
20.31%
20.89%
Computers/Peripherals
64
7.35%
25.37%
25.48%
Construction Supplies
55
16.28%
29.02%
30.31%
Diversified
23
13.96%
21.55%
21.20%
Drugs (Biotechnology)
400
1.48%
20.11%
38.60%
Drugs (Pharmaceutical)
151
4.58%
19.42%
20.32%
Education
42
12.18%
29.81%
106.30%
Electrical Equipment
126
5.99%
31.77%
39.63%
Electronics (Consumer & Office)
28
4.50%
25.05%
26.93%
Electronics (General)
189
8.64%
26.75%
29.90%
Engineering/Construction
56
14.18%
34.58%
43.01%
Entertainment
84
4.11%
29.15%
28.63%
Environmental & Waste Services
103
6.31%
42.82%
49.07%
Farming/Agriculture
37
9.36%
31.92%
32.45%
Financial Svcs. (Non-bank & Insurance)
288
18.49%
28.54%
28.24%
Food Processing
96
13.70%
30.63%
31.46%
Food Wholesalers
14
13.47%
36.78%
36.84%
Furn/Home Furnishings
27
14.48%
21.57%
22.27%
Green & Renewable Energy
26
1.94%
24.38%
NA
Healthcare Products
261
6.73%
25.58%
28.18%
Healthcare Support Services
138
13.27%
38.53%
39.51%
Heathcare Information and Technology
127
6.35%
22.62%
21.44%
Homebuilding
35
18.11%
31.35%
20.21%
Hospitals/Healthcare Facilities
56
10.93%
22.46%
21.97%
Hotel/Gaming
80
11.41%
18.02%
10.77%
Household Products
135
10.46%
27.66%
28.50%
Information Services
67
17.93%
30.25%
30.41%
Insurance (General)
24
19.21%
26.45%
25.93%
Insurance (Life)
25
24.30%
26.66%
26.55%
Insurance (Prop/Cas.)
52
22.18%
28.61%
28.56%
Investments & Asset Management
148
6.84%
15.87%
16.14%
Machinery
137
15.64%
28.95%
28.99%
Metals & Mining
124
1.80%
33.52%
62.66%
Office Equipment & Services
25
18.65%
32.01%
31.99%
Oil/Gas (Integrated)
8
14.56%
37.64%
37.57%
Oil/Gas (Production and Exploration)
392
7.04%
41.46%
54.14%
Oil/Gas Distribution
85
4.68%
17.53%
17.14%
Oilfield Svcs/Equip.
161
10.99%
28.68%
29.81%
Packaging & Container
26
18.18%
26.61%
25.14%
Paper/Forest Products
22
11.54%
19.43%
NA
Power
82
20.77%
30.68%
30.56%
Precious Metals
147
1.33%
44.83%
NA
Publshing & Newspapers
43
14.93%
18.16%
17.30%
R.E.I.T.
213
1.24%
2.23%
0.09%
Real Estate (Development)
18
7.21%
69.82%
72.27%
Real Estate (General/Diversified)
11
9.39%
20.79%
21.04%
Real Estate (Operations & Services)
52
8.63%
22.41%
2.39%
Recreation
68
11.25%
23.19%
7.76%
Reinsurance
4
15.53%
30.65%
31.01%
Restaurant/Dining
79
15.14%
32.98%
32.59%
Retail (Automotive)
30
18.76%
36.53%
36.55%
Retail (Building Supply)
5
30.64%
37.06%
37.53%
Retail (Distributors)
90
16.84%
35.49%
35.70%
Retail (General)
23
21.36%
34.19%
36.66%
Retail (Grocery and Food)
21
22.94%
35.11%
38.00%
Retail (Online)
46
9.38%
22.34%
24.75%
Retail (Special Lines)
128
20.44%
35.82%
38.01%
Rubber& Tires
4
13.58%
23.90%
24.22%
Semiconductor
100
10.11%
21.75%
22.71%
Semiconductor Equip
47
6.88%
20.29%
31.55%
Shipbuilding & Marine
14
6.75%
16.29%
17.88%
Shoe
13
20.15%
24.52%
24.52%
Software (Entertainment)
20
1.46%
12.35%
13.79%
Software (Internet)
327
5.07%
35.06%
39.20%
Software (System & Application)
259
6.86%
22.52%
23.94%
Steel
40
13.99%
30.32%
NA
Telecom (Wireless)
21
5.76%
21.78%
NA
Telecom. Equipment
126
8.70%
19.18%
20.09%
Telecom. Services
77
11.83%
31.14%
31.69%
Tobacco
20
12.39%
32.47%
32.56%
Transportation
21
20.08%
35.84%
36.54%
Transportation (Railroads)
10
21.30%
36.99%
37.04%
Trucking
30
27.38%
39.23%
39.17%
Unclassified
8
3.93%
29.55%
NA
Utility (General)
21
30.59%
31.27%
31.25%
Utility (Water)
19
15.10%
31.71%
32.60%
Total Market
7887
10.76%
28.09%
28.65%

 



Updated January 2015
By Aswath Damodaran