Date updated: 5-Jan-19

Created by: Aswath Damodaran, adamodar@stern.nyu.edu

What is this data?
Home Page:
Data website:
Companies in each industry:
Variable definitions:
Profit margins (net, operating and EBITDA)
http://www.damodaran.com
http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
http://www.stern.nyu.edu/~adamodar/pc/datasets/indname.xls
http://www.stern.nyu.edu/~adamodar/New_Home_Page/datafile/variab
Gross Income
Based

Industry Name Number of firms Gross Margin

Advertising 87 31.26%
Aerospace/Defense 46 28.11%
Air Transport 38 29.22%
Apparel 122 63.29%
Auto & Truck 25 18.17%
Auto Parts 55 21.98%
Bank (Money Center) 126 99.91%
Banks (Regional) 69 99.99%
Beverage (Alcoholic) 53 52.59%
Beverage (Soft) 16 39.79%
Broadcasting 25 45.22%
Brokerage & Investment Banking 68 41.39%
Building Materials 83 32.73%
Business & Consumer Services 206 30.06%
Cable TV 8 68.09%
Chemical (Basic) 55 21.97%
Chemical (Diversified) 7 28.10%
Chemical (Specialty) 98 33.96%
Coal & Related Energy 15 21.04%
Computer Services 217 21.27%
Computers/Peripherals 39 34.50%
Construction Supplies 102 32.58%
Diversified 64 26.25%
Drugs (Biotechnology) 194 62.01%
Drugs (Pharmaceutical) 112 69.17%
Education 10 30.85%
Electrical Equipment 127 31.30%
Electronics (Consumer & Office) 17 46.60%
Electronics (General) 154 41.99%
Engineering/Construction 147 33.51%
Entertainment 132 42.17%
Environmental & Waste Services 48 27.46%
Farming/Agriculture 43 25.27%
Financial Svcs. (Non-bank & Insurance) 123 94.06%
Food Processing 141 39.15%
Food Wholesalers 15 22.68%
Furn/Home Furnishings 45 28.79%
Green & Renewable Energy 51 64.93%
Healthcare Products 170 57.33%
Healthcare Support Services 42 23.40%
Heathcare Information and Technology 82 38.29%
Homebuilding 46 24.15%
Hospitals/Healthcare Facilities 33 30.48%
Hotel/Gaming 113 36.16%
Household Products 73 50.61%
Information Services 28 46.00%
Insurance (General) 45 19.56%
Insurance (Life) 20 16.96%
Insurance (Prop/Cas.) 17 27.04%
Investments & Asset Management 327 64.88%
Machinery 208 40.98%
Metals & Mining 96 22.85%
Office Equipment & Services 26 30.87%
Oil/Gas (Integrated) 14 22.63%
Oil/Gas (Production and Exploration) 116 54.25%
Oil/Gas Distribution 27 59.83%
Oilfield Svcs/Equip. 69 17.43%
Packaging & Container 52 27.54%
Paper/Forest Products 40 37.06%
Power 66 27.28%
Precious Metals 47 29.78%
Publishing & Newspapers 85 44.94%
R.E.I.T. 151 70.96%
Real Estate (Development) 58 30.21%
Real Estate (General/Diversified) 65 38.49%
Real Estate (Operations & Services) 216 59.20%
Recreation 54 58.20%
Reinsurance 4 19.32%
Restaurant/Dining 40 22.44%
Retail (Automotive) 26 14.25%
Retail (Building Supply) 22 39.22%
Retail (Distributors) 113 26.62%
Retail (General) 17 22.71%
Retail (Grocery and Food) 28 16.68%
Retail (Online) 76 40.43%
Retail (Special Lines) 72 42.83%
Rubber& Tires 8 39.18%
Semiconductor 31 41.53%
Semiconductor Equip 19 42.35%
Shipbuilding & Marine 61 21.52%
Shoe 8 48.95%
Software (Entertainment) 37 72.25%
Software (Internet) 25 38.34%
Software (System & Application) 246 62.50%
Steel 52 17.55%
Telecom (Wireless) 13 34.73%
Telecom. Equipment 56 37.05%
Telecom. Services 83 46.45%
Tobacco 6 63.08%
Transportation 40 20.63%
Transportation (Railroads) 6 32.92%
Trucking 30 25.09%
Utility (General) 20 31.05%
Utility (Water) 11 82.74%
Total Market 6519 34.49%
Total Market (without financials) 5724 31.75%
dar@stern.nyu.edu
g and EBITDA) Western Europe
m
~adamodar/New_Home_Page/data.html
~adamodar/pc/datasets/indname.xls
~adamodar/New_Home_Page/datafile/variable.htm

Net Income Based

Pre-tax, Pre-stock
compensation Operating Pre-tax Unadjusted
Net Margin Margin Operating Margin
10.13% 12.44% 11.91%
6.44% 7.94% 7.76%
6.36% 11.58% 11.45%
10.94% 17.94% 17.60%
5.48% 7.30% 7.24%
3.64% 7.19% 7.06%
21.32% 0.65% 0.00%
30.21% 0.08% 0.04%
11.18% 22.95% 22.57%
6.48% 11.74% 11.50%
9.61% 15.79% 15.55%
4.99% 1.83% 1.51%
6.14% 9.96% 9.79%
5.04% 8.07% 7.75%
4.71% 15.88% 14.88%
13.43% 14.04% 13.93%
7.90% 10.38% 10.36%
8.14% 11.89% 11.69%
13.59% 7.14% 6.95%
5.02% 8.77% 7.92%
10.07% 13.61% 12.88%
5.48% 7.54% 7.45%
5.67% 9.00% 8.83%
11.10% 14.18% 11.73%
15.41% 21.30% 20.26%
3.22% 5.72% 5.58%
6.34% 9.50% 9.22%
8.69% 14.33% 13.47%
11.83% 13.71% 13.32%
2.14% 4.58% 4.48%
0.64% 5.41% 4.83%
2.38% 5.54% 5.41%
3.45% 6.83% 6.77%
16.34% 6.71% 4.86%
6.76% 11.41% 11.26%
0.36% 3.15% 3.11%
4.78% 7.65% 7.51%
7.43% 27.14% 27.01%
7.97% 16.36% 15.64%
4.75% 8.39% 8.29%
8.16% 13.42% 12.48%
14.30% 18.87% 18.16%
4.46% 8.97% 8.89%
8.93% 11.42% 11.17%
15.03% 16.73% 16.35%
12.53% 18.85% 18.40%
5.20% 9.11% 8.88%
5.17% 8.02% 7.92%
12.76% 16.30% 15.58%
20.10% 19.76% 18.57%
12.19% 11.07% 10.86%
6.81% 12.11% 11.96%
4.32% 9.10% 8.90%
5.58% 9.42% 9.26%
-16.91% 18.71% 17.60%
11.14% 23.86% 23.61%
0.72% 5.96% 5.84%
4.91% 9.24% 9.11%
8.55% 12.04% 11.93%
3.49% 8.28% 8.26%
-14.43% 3.85% 3.00%
7.95% 8.45% 7.94%
66.91% 56.80% 56.03%
8.97% 12.45% 12.10%
29.01% 16.55% 16.33%
54.55% 35.64% 35.21%
6.95% 11.70% 11.60%
3.65% 6.51% 6.44%
4.23% 7.80% 7.62%
1.62% 2.51% 2.42%
2.66% 4.50% 4.46%
4.53% 6.45% 6.29%
-0.48% 3.38% 3.35%
1.67% 3.49% 3.24%
0.35% 1.92% 1.10%
4.17% 7.61% 7.55%
8.45% 13.02% 12.94%
15.30% 14.43% 12.92%
18.96% 24.10% 23.54%
5.09% 4.66% 4.58%
3.69% 7.41% 7.19%
22.70% 27.68% 24.69%
-8.25% 3.30% 2.91%
11.92% 19.61% 16.52%
5.34% 7.76% 7.72%
-9.17% 11.37% 11.13%
-6.69% 3.38% 2.95%
5.14% 14.80% 14.59%
93.61% 29.60% 29.26%
2.98% 6.66% 6.47%
4.49% 6.64% 6.57%
3.71% 6.86% 6.77%
3.83% 7.25% 7.19%
16.97% 30.24% 30.02%
7.25% 9.64% 9.35%
6.52% 10.10% 9.86%
ope

Operating Income Based

After-tax Unadjusted Pre-tax Lease adjusted After-tax Lease Pre-tax Lease & R&D
Operating Margin Margin Adjusted Margin adj Margin
10.05% 11.99% 10.12% 12.00%
6.69% 7.79% 6.72% 7.56%
9.49% 11.67% 9.68% 11.66%
15.34% 18.36% 16.00% 18.39%
6.03% 7.34% 6.11% 7.51%
5.74% 7.23% 5.88% 7.88%
0.00% -0.04% -0.03% -0.04%
0.03% -0.34% -0.27% -0.34%
18.93% 22.61% 18.96% 22.62%
9.42% 11.76% 9.64% 11.76%
12.69% 15.74% 12.85% 15.75%
1.29% 1.66% 1.42% 1.73%
8.22% 10.18% 8.55% 10.23%
6.46% 8.28% 6.90% 7.54%
12.35% 15.61% 12.96% 15.66%
11.62% 14.11% 11.77% 14.13%
8.72% 10.52% 8.85% 10.56%
10.14% 11.92% 10.33% 11.97%
6.48% 7.18% 6.69% 7.25%
6.52% 8.17% 6.73% 8.23%
11.82% 13.04% 11.97% 12.87%
6.19% 7.70% 6.39% 7.74%
7.63% 8.98% 7.75% 9.07%
11.56% 11.61% 11.44% 13.88%
18.99% 20.32% 19.04% 20.18%
4.80% 3.70% 3.18% 3.61%
8.15% 9.47% 8.37% 9.57%
11.25% 13.68% 11.43% 13.92%
11.69% 13.58% 11.92% 13.87%
3.82% 4.73% 4.03% 4.72%
4.44% 4.27% 3.92% 5.34%
4.73% 5.79% 5.06% 5.80%
5.82% 6.90% 5.94% 7.12%
4.13% 4.61% 3.92% 4.60%
9.64% 11.23% 9.61% 11.20%
2.60% 3.76% 3.15% 3.76%
6.48% 7.72% 6.66% 7.68%
22.71% 24.74% 20.80% 24.77%
14.52% 16.02% 14.87% 16.22%
6.89% 8.27% 6.87% 8.38%
11.32% 12.86% 11.67% 8.59%
15.08% 18.22% 15.13% 18.22%
7.58% 4.41% 3.76% 4.41%
10.04% 10.73% 9.64% 10.68%
13.81% 16.52% 13.96% 16.54%
15.87% 18.61% 16.06% 18.54%
7.22% 8.84% 7.18% 8.84%
6.55% 7.95% 6.58% 7.95%
12.72% 15.60% 12.73% 15.60%
17.20% 18.63% 17.25% 18.66%
9.15% 11.22% 9.45% 11.32%
10.87% 12.06% 10.96% 12.07%
7.39% 14.91% 12.38% 14.90%
6.48% 9.48% 6.63% 9.47%
16.77% 18.65% 17.78% 18.99%
22.11% 23.42% 21.94% 23.41%
5.23% 5.99% 5.37% 6.00%
7.61% 9.28% 7.75% 9.29%
10.08% 11.91% 10.06% 11.91%
6.86% 8.26% 6.86% 8.26%
2.85% 3.40% 3.23% 3.46%
6.73% 7.93% 6.72% 7.96%
54.35% 55.35% 53.68% 55.35%
10.66% 12.16% 10.70% 12.16%
14.29% 16.02% 14.03% 16.02%
30.41% 34.71% 29.97% 34.71%
9.30% 9.59% 7.69% 9.50%
4.99% 6.43% 4.98% 6.43%
6.31% 6.59% 5.46% 6.59%
1.98% 2.08% 1.70% 2.08%
3.69% 4.07% 3.36% 4.09%
5.27% 6.58% 5.51% 6.59%
2.65% 3.27% 2.59% 3.27%
2.57% 3.11% 2.47% 3.11%
0.97% 1.08% 0.96% 1.19%
6.26% 8.83% 7.32% 8.83%
10.64% 13.31% 10.94% 13.11%
11.55% 13.31% 11.90% 14.35%
21.18% 23.74% 21.36% 24.48%
4.18% 5.18% 4.73% 5.19%
5.37% 8.37% 6.26% 8.35%
23.02% 25.45% 23.73% 26.02%
2.68% 3.69% 3.40% 4.37%
14.82% 16.94% 15.20% 18.33%
6.66% 7.86% 6.78% 7.83%
9.45% 12.97% 11.01% 12.97%
2.72% 3.39% 3.13% 2.05%
12.90% 15.00% 13.26% 14.96%
24.16% 29.42% 24.29% 29.47%
5.26% 7.33% 5.96% 7.31%
5.16% 16.94% 13.30% 16.94%
5.37% 8.12% 6.44% 8.12%
5.74% 7.31% 5.84% 7.33%
24.05% 28.93% 23.17% 28.93%
8.15% 9.52% 8.30% 9.54%
8.60% 10.06% 8.78% 10.08%
 EBITDA Based Expen

After-tax Lease & R&D EBITDAR&D

adj Margin EBITDA/Sales EBITDASG&A/Sales /Sales COGS/Sales
10.13% 16.36% 28.71% 16.59% 68.74%
6.49% 10.58% 24.53% 16.46% 71.89%
9.66% 18.29% 22.56% 18.31% 70.78%
16.02% 20.58% 61.17% 21.23% 36.71%
6.29% 11.29% 20.14% 14.83% 81.83%
6.53% 11.37% 19.74% 17.13% 78.02%
-0.03% 0.00% 52.89% 0.00% 0.09%
-0.27% 0.00% 27.25% 0.00% 0.01%
18.97% 29.08% 55.12% 29.29% 47.41%
9.63% 15.84% 43.82% 16.07% 60.21%
12.85% 19.31% 29.99% 19.36% 54.78%
1.49% 0.81% 30.30% 1.32% 58.61%
8.59% 12.96% 33.27% 14.35% 67.27%
6.15% 10.78% 28.00% 10.86% 69.94%
13.01% 42.25% 56.62% 42.31% 31.91%
11.79% 16.57% 22.37% 17.04% 78.03%
8.90% 17.54% 31.59% 20.20% 71.90%
10.38% 16.89% 32.06% 19.04% 66.04%
6.76% 22.02% 32.62% 22.18% 78.96%
6.78% 9.74% 21.20% 10.48% 78.73%
11.80% 15.88% 29.30% 23.46% 65.50%
6.44% 11.71% 30.67% 14.01% 67.42%
7.85% 13.40% 25.40% 16.40% 73.75%
13.71% 22.60% 49.51% 46.46% 37.99%
18.91% 30.66% 60.84% 46.92% 30.83%
3.09% 8.15% 30.80% 8.66% 69.15%
8.47% 12.82% 30.05% 16.22% 68.70%
11.67% 15.01% 35.14% 25.97% 53.40%
12.21% 17.40% 39.36% 24.03% 58.01%
4.02% 7.61% 29.85% 7.68% 66.49%
4.99% 7.86% 35.84% 12.95% 57.83%
5.07% 9.60% 25.88% 9.92% 72.54%
6.16% 10.69% 21.14% 14.38% 74.73%
3.90% 4.90% 60.22% 5.03% 5.94%
9.58% 14.72% 38.02% 15.74% 60.85%
3.15% 4.64% 24.48% 4.64% 77.32%
6.62% 11.20% 30.60% 13.17% 71.21%
20.83% 50.07% 59.64% 50.20% 35.07%
15.07% 21.42% 54.40% 29.30% 42.67%
6.98% 12.27% 25.30% 13.22% 76.60%
7.39% 17.05% 34.53% 21.64% 61.71%
15.13% 19.14% 25.00% 19.15% 75.85%
3.76% 13.64% 26.01% 13.64% 69.52%
9.59% 16.82% 31.67% 17.44% 63.84%
13.97% 19.52% 52.90% 21.45% 49.39%
15.99% 24.07% 39.69% 29.82% 54.00%
7.18% 10.42% 18.01% 10.42% 80.44%
6.58% 9.20% 15.66% 9.20% 83.04%
12.73% 14.44% 23.97% 14.44% 72.96%
17.28% 20.20% 50.44% 20.36% 35.12%
9.55% 13.37% 36.70% 15.83% 59.02%
10.97% 17.12% 24.08% 17.24% 77.15%
12.36% 15.19% 32.12% 15.74% 69.13%
6.62% 13.17% 16.61% 13.42% 77.37%
18.12% 48.58% 57.95% 49.46% 45.75%
21.93% 46.24% 57.94% 46.41% 40.17%
5.38% 9.86% 18.09% 10.32% 82.57%
7.76% 14.81% 30.01% 14.96% 72.46%
10.06% 15.43% 30.56% 15.89% 62.94%
6.86% 16.24% 25.84% 16.46% 72.72%
3.29% 25.53% 35.80% 25.69% 70.22%
6.75% 12.61% 39.37% 13.64% 55.06%
53.69% 57.67% 68.15% 57.68% 29.04%
10.70% 9.95% 25.77% 9.95% 69.79%
14.03% 15.72% 31.20% 15.72% 61.51%
29.97% 34.63% 52.34% 34.64% 40.80%
7.60% 17.93% 48.53% 19.22% 41.80%
4.98% 4.07% 16.92% 4.07% 80.68%
5.46% 10.87% 16.80% 10.87% 77.56%
1.70% 3.82% 14.65% 3.83% 85.75%
3.39% 7.52% 41.46% 7.57% 60.78%
5.52% 8.20% 22.34% 8.22% 73.38%
2.59% 5.72% 24.65% 5.74% 77.29%
2.46% 5.29% 19.01% 5.31% 83.32%
1.07% 3.09% 37.58% 4.06% 59.57%
7.32% 11.48% 44.01% 11.51% 57.17%
10.74% 19.53% 38.23% 22.64% 60.82%
12.93% 22.80% 34.02% 38.18% 58.47%
22.10% 24.42% 32.40% 36.21% 57.65%
4.73% 10.38% 19.24% 10.40% 78.48%
6.24% 9.37% 47.73% 10.27% 51.05%
24.31% 30.60% 59.58% 38.99% 27.75%
4.08% 14.59% 41.28% 16.12% 61.66%
16.58% 20.56% 52.85% 34.37% 37.50%
6.75% 10.48% 18.62% 11.24% 82.45%
11.01% 28.94% 49.93% 28.95% 65.27%
1.79% 5.75% 20.98% 23.50% 62.95%
13.22% 31.75% 36.56% 32.71% 53.55%
24.34% 30.02% 43.93% 30.50% 36.92%
5.94% 10.49% 16.69% 10.65% 79.37%
13.30% 13.43% 19.54% 13.44% 67.08%
6.44% 10.17% 20.49% 10.17% 74.91%
5.86% 12.67% 22.45% 12.92% 68.95%
23.17% 49.70% 65.24% 49.95% 17.26%
8.31% 13.72% 29.71% 15.44% 65.51%
8.80% 14.79% 28.84% 16.80% 68.25%
 Expense Ratios

Stock-
Based Lease
SG&A/ Compensati Expense/Sal
R&D/Sales Sales on/Sales es
0.22% 12.34% 0.54% 3.50%
5.88% 13.95% 0.19% 0.47%
0.03% 4.27% 0.13% 5.59%
0.65% 40.59% 0.33% 7.45%
3.54% 8.85% 0.06% 0.32%
5.76% 8.37% 0.12% 0.60%
0.00% 52.89% 0.65% 1.96%
0.00% 27.25% 0.05% 1.41%
0.21% 26.04% 0.38% 0.76%
0.23% 27.98% 0.24% 0.99%
0.05% 10.68% 0.23% 1.80%
0.51% 29.48% 0.32% 0.90%
1.39% 20.30% 0.18% 1.17%
0.08% 17.21% 0.32% 1.85%
0.06% 14.37% 1.00% 1.99%
0.47% 5.80% 0.12% 1.02%
2.66% 14.05% 0.02% 0.71%
2.16% 15.18% 0.19% 0.82%
0.16% 10.60% 0.19% 1.15%
0.74% 11.46% 0.85% 1.45%
7.58% 13.42% 0.73% 0.49%
2.30% 18.96% 0.10% 1.31%
3.00% 12.00% 0.18% 0.82%
23.86% 26.91% 2.45% 1.42%
16.26% 30.19% 1.04% 0.81%
0.51% 22.65% 0.14% 11.82%
3.40% 17.24% 0.28% 0.75%
10.97% 20.13% 0.86% 0.80%
6.62% 21.95% 0.39% 1.06%
0.07% 22.24% 0.10% 1.22%
5.08% 27.98% 0.58% 1.77%
0.32% 16.28% 0.12% 2.01%
3.69% 10.45% 0.07% 0.33%
0.13% 55.32% 1.86% 2.31%
1.02% 23.30% 0.15% 0.79%
0.00% 19.83% 0.05% 2.42%
1.98% 19.41% 0.13% 1.39%
0.13% 9.57% 0.13% 1.69%
7.88% 32.98% 0.71% 1.47%
0.96% 13.03% 0.10% 2.79%
4.59% 17.48% 0.94% 1.44%
0.01% 5.86% 0.71% 0.44%
0.01% 12.37% 0.09% 7.56%
0.62% 14.85% 0.25% 3.74%
1.93% 33.37% 0.38% 0.83%
5.75% 15.62% 0.44% 1.07%
0.00% 7.59% 0.23% 0.25%
0.00% 6.46% 0.10% 0.26%
0.00% 9.52% 0.72% 0.58%
0.16% 30.24% 1.19% 1.38%
2.45% 23.33% 0.21% 1.15%
0.11% 6.95% 0.15% 0.24%
0.55% 16.93% 0.20% 14.68%
0.26% 3.44% 0.16% 1.21%
0.88% 9.37% 1.11% 2.53%
0.17% 11.70% 0.25% 2.98%
0.46% 8.23% 0.12% 1.54%
0.14% 15.20% 0.13% 0.68%
0.46% 15.13% 0.11% 0.73%
0.22% 9.60% 0.02% 0.54%
0.16% 10.26% 0.86% 1.82%
1.03% 26.76% 0.51% 3.96%
0.01% 10.47% 0.76% 0.45%
0.00% 15.82% 0.35% 1.06%
0.00% 15.49% 0.22% 0.51%
0.01% 17.71% 0.43% 1.43%
1.29% 30.60% 0.10% 3.24%
0.00% 12.85% 0.08% 0.19%
0.00% 5.93% 0.17% 3.88%
0.01% 10.83% 0.08% 1.11%
0.06% 33.94% 0.04% 4.78%
0.02% 14.14% 0.16% 1.59%
0.03% 18.94% 0.04% 2.61%
0.03% 13.72% 0.26% 2.28%
0.98% 34.49% 0.82% 1.14%
0.03% 32.53% 0.06% 6.82%
3.11% 18.70% 0.08% 1.89%
15.38% 11.22% 1.51% 0.96%
11.79% 7.98% 0.56% 0.69%
0.01% 8.86% 0.08% 6.61%
0.89% 38.36% 0.23% 6.68%
8.39% 28.98% 2.99% 2.94%
1.53% 26.69% 0.38% 2.14%
13.81% 32.29% 3.08% 2.09%
0.76% 8.14% 0.04% 0.59%
0.01% 20.99% 0.24% 6.97%
17.75% 15.23% 0.43% 1.88%
0.96% 4.81% 0.20% 3.93%
0.48% 13.90% 0.34% 0.49%
0.16% 6.20% 0.19% 3.01%
0.01% 6.11% 0.06% 12.90%
0.00% 10.32% 0.09% 4.41%
0.25% 9.79% 0.07% 0.92%
0.25% 15.54% 0.22% 0.91%
1.73% 15.99% 0.28% 1.60%
2.00% 14.04% 0.25% 1.70%