000000Profit Margins, by Sector 000000Global 2016

Gross Income
Based Net Income Based Operating Income Based EBITDA Based
Pre-tax After-tax Pre-tax After-tax Pre-tax After-tax
Pre-tax, Pre-stock Unadjusted Unadjusted Lease Lease Lease & Lease &
compensation Operating Operating Operating adjusted Adjusted R&D adj R&D adj
Industry Name Number of firms Gross Margin Net Margin Margin Margin Margin Margin Margin Margin Margin EBITDA/Sale
Advertising 312 31.66% 3.91% 9.15% 8.73% 7.31% 9.08% 7.61% 9.09% 7.61% 12.44%
Aerospace/Defense 238 22.79% 5.95% 9.94% 9.60% 8.51% 9.62% 8.53% 9.80% 8.71% 12.43%
Air Transport 159 25.26% 4.77% 8.58% 8.46% 7.10% 7.80% 6.55% 7.81% 6.56% 15.35%
Apparel 1161 45.05% 6.00% 11.82% 11.54% 9.84% 11.82% 10.08% 11.90% 10.16% 14.44%
Auto & Truck 134 17.20% 3.70% 4.87% 4.79% 4.14% 4.82% 4.16% 5.01% 4.35% 9.20%
Auto Parts 682 17.80% 3.01% 5.40% 5.34% 4.41% 5.39% 4.45% 5.53% 4.59% 10.34%
Bank (Money Center) 595 99.45% 31.55% 0.78% 0.12% 0.09% 0.16% 0.13% 0.16% 0.13% 0.09%
Banks (Regional) 862 99.87% 29.47% 0.65% -0.02% -0.02% -0.12% -0.09% -0.12% -0.09% -0.03%
Beverage (Alcoholic) 216 50.66% 13.07% 21.85% 21.60% 17.79% 21.62% 17.81% 21.63% 17.82% 26.38%
Beverage (Soft) 94 50.50% 13.18% 16.37% 16.03% 14.31% 16.19% 14.45% 16.17% 14.43% 19.12%
Broadcasting 138 42.86% 18.37% 17.65% 17.16% 14.23% 17.14% 14.21% 17.15% 14.22% 21.83%
Brokerage & Investment Banking 559 66.90% 14.50% 2.54% 0.98% 0.84% 0.98% 0.84% 0.99% 0.85% 0.98%
Building Materials 426 29.67% 5.21% 8.26% 8.01% 6.50% 8.22% 6.67% 8.25% 6.70% 11.89%
Business & Consumer Services 868 31.72% 5.14% 8.98% 8.57% 7.09% 8.92% 7.38% 8.94% 7.40% 11.76%
Cable TV 61 60.80% 12.95% 17.60% 16.69% 14.29% 16.69% 14.29% 16.72% 14.32% 31.54%
Chemical (Basic) 793 19.10% 5.09% 7.98% 7.92% 6.62% 7.95% 6.64% 8.00% 6.69% 15.39%
Chemical (Diversified) 73 27.94% 7.50% 8.43% 8.42% 6.83% 8.49% 6.89% 8.60% 6.99% 15.75%
Chemical (Specialty) 829 30.04% 7.60% 10.94% 10.68% 8.98% 10.78% 9.07% 10.89% 9.18% 17.21%
Coal & Related Energy 224 32.37% 10.33% 16.74% 16.64% 14.98% 16.67% 15.01% 16.71% 15.05% 25.95%
Computer Services 969 21.12% 4.80% 7.40% 7.04% 5.83% 7.25% 6.00% 7.30% 6.05% 9.12%
Computers/Peripherals 332 27.63% 8.07% 10.80% 9.99% 8.74% 10.02% 8.77% 10.25% 9.00% 17.23%
Construction Supplies 747 26.77% 6.37% 10.50% 10.39% 8.79% 10.48% 8.87% 10.54% 8.93% 14.23%
Diversified 319 25.63% 6.10% 11.41% 11.31% 9.61% 11.37% 9.66% 11.39% 9.68% 13.04%
Drugs (Biotechnology) 1024 63.57% -2.08% 14.11% 8.97% 8.79% 8.83% 8.65% 16.48% 16.31% 17.76%
Drugs (Pharmaceutical) 1263 64.11% 10.79% 19.06% 18.09% 16.27% 18.13% 16.31% 18.57% 16.75% 25.03%
Education 211 43.31% 9.80% 12.16% 11.43% 9.90% 11.18% 9.68% 11.32% 9.82% 15.41%
Electrical Equipment 902 25.80% 3.92% 7.31% 7.07% 6.17% 9.71% 8.47% 9.99% 8.75% 10.76%
Electronics (Consumer & Office) 142 24.37% 4.20% 4.91% 4.82% 4.31% 5.01% 4.48% 5.64% 5.11% 8.21%
Electronics (General) 1345 19.84% 4.14% 6.24% 6.05% 5.24% 6.15% 5.33% 6.37% 5.54% 10.89%
Engineering/Construction 1208 17.17% 2.87% 5.35% 5.29% 4.35% 5.40% 4.44% 5.54% 4.58% 6.98%
Entertainment 660 43.51% 7.59% 12.85% 11.77% 10.66% 11.25% 10.19% 11.41% 10.36% 16.38%
Environmental & Waste Services 325 28.84% 4.57% 10.79% 10.43% 9.03% 10.67% 9.24% 10.68% 9.25% 16.39%
Farming/Agriculture 406 14.73% 2.73% 4.82% 4.70% 4.12% 4.76% 4.17% 4.79% 4.21% 8.46%
Financial Svcs. (Non-bank & Insurance) 1059 76.00% 24.04% 7.71% 6.77% 5.72% 6.61% 5.58% 6.65% 5.62% 8.62%
Food Processing 1262 28.47% 3.84% 8.66% 8.53% 7.17% 8.55% 7.18% 8.57% 7.20% 11.55%
Food Wholesalers 151 14.97% 1.00% 2.50% 2.42% 1.99% 2.48% 2.05% 2.48% 2.05% 3.44%
Furn/Home Furnishings 328 28.88% 5.27% 7.61% 7.43% 6.21% 7.66% 6.41% 7.71% 6.46% 9.84%
Green & Renewable Energy 213 55.94% 19.66% 35.78% 35.65% 31.51% 34.85% 30.80% 34.86% 30.81% 55.42%
Healthcare Products 739 55.97% 9.41% 16.19% 14.87% 13.72% 15.03% 13.87% 15.65% 14.49% 20.97%
Healthcare Support Services 402 14.53% 1.98% 4.67% 4.50% 3.82% 4.41% 3.74% 4.41% 3.75% 4.93%
Heathcare Information and Technology 389 44.40% 8.42% 13.90% 12.30% 11.35% 12.43% 11.46% 12.88% 11.91% 18.07%
Homebuilding 167 21.61% 7.70% 10.92% 10.69% 8.34% 9.98% 7.78% 9.99% 7.79% 11.23%
Hospitals/Healthcare Facilities 206 34.15% 3.69% 10.77% 10.34% 8.65% 9.33% 7.80% 9.35% 7.83% 14.85%
Hotel/Gaming 639 47.42% 9.11% 14.76% 14.33% 12.31% 13.32% 11.44% 13.36% 11.48% 21.31%
Household Products 536 51.06% 8.17% 16.82% 16.39% 14.19% 16.51% 14.29% 16.53% 14.31% 19.64%
Information Services 215 51.89% 17.28% 27.11% 25.33% 22.06% 25.44% 22.16% 25.59% 22.31% 28.74%
Insurance (General) 216 22.48% 5.30% 9.80% 9.53% 8.08% 9.54% 8.08% 9.54% 8.08% 9.94%
Insurance (Life) 137 28.35% 6.48% 9.33% 9.21% 7.75% 9.25% 7.78% 9.25% 7.78% 8.42%
Insurance (Prop/Cas.) 223 23.31% 6.25% 8.96% 8.72% 7.26% 8.73% 7.26% 8.73% 7.26% 9.16%
Investments & Asset Management 1066 56.40% 16.00% 20.51% 18.77% 17.36% 18.25% 16.88% 18.26% 16.90% 18.34%
 000000Profit Margins, by Sector 000000Global 2016

Machinery 1332 30.29% 5.84% 9.24% 9.02% 7.45% 9.60% 7.93% 9.81% 8.13% 13.07%
Metals & Mining 1529 19.92% 4.53% 9.13% 8.97% 8.58% 9.03% 8.64% 9.08% 8.69% 16.84%
Office Equipment & Services 146 35.30% 3.87% 7.49% 7.24% 6.04% 7.43% 6.21% 7.54% 6.31% 10.31%
Oil/Gas (Integrated) 49 32.24% 7.82% 13.23% 13.11% 10.05% 12.91% 9.90% 12.92% 9.91% 21.84%
Oil/Gas (Production and Exploration) 773 57.98% 9.57% 22.70% 21.98% 20.74% 22.26% 21.00% 22.31% 21.05% 49.16%
Oil/Gas Distribution 160 27.48% 5.87% 14.07% 13.76% 12.37% 13.70% 12.31% 13.69% 12.30% 19.34%
Oilfield Svcs/Equip. 508 11.92% 0.00% 4.16% 4.01% 3.60% 4.07% 3.65% 4.09% 3.67% 7.93%
Packaging & Container 400 23.05% 3.92% 9.20% 8.95% 7.36% 9.11% 7.49% 9.14% 7.53% 14.34%
Paper/Forest Products 279 24.18% 3.47% 7.76% 7.67% 6.60% 7.69% 6.61% 7.72% 6.64% 16.28%
Power 538 26.91% 6.14% 12.72% 12.62% 10.38% 12.44% 10.24% 12.44% 10.23% 21.52%
Precious Metals 844 26.32% 3.92% 10.43% 9.71% 9.34% 9.84% 9.46% 9.88% 9.50% 23.60%
Publishing & Newspapers 352 35.61% 1.89% 6.21% 5.95% 5.05% 5.87% 4.99% 5.84% 4.95% 10.47%
R.E.I.T. 753 60.78% 25.54% 37.47% 35.99% 34.98% 33.11% 32.18% 33.11% 32.17% 49.97%
Real Estate (Development) 842 32.12% 11.37% 20.45% 20.38% 16.72% 20.27% 16.63% 20.33% 16.68% 20.69%
Real Estate (General/Diversified) 383 33.51% 16.24% 19.91% 19.83% 16.85% 19.85% 16.87% 19.87% 16.89% 22.40%
Real Estate (Operations & Services) 691 47.81% 24.50% 23.53% 23.00% 19.70% 23.20% 19.87% 23.22% 19.89% 26.00%
Recreation 315 39.07% 5.16% 11.33% 11.04% 9.38% 10.86% 9.23% 11.03% 9.40% 15.02%
Reinsurance 34 18.44% 3.95% 6.02% 5.90% 5.12% 5.89% 5.12% 5.89% 5.12% 5.37%
Restaurant/Dining 376 33.74% 6.70% 11.38% 10.98% 9.13% 10.07% 8.38% 10.07% 8.38% 14.63%
Retail (Automotive) 184 16.12% 2.38% 4.40% 4.29% 3.47% 3.88% 3.14% 3.88% 3.14% 5.62%
Retail (Building Supply) 93 35.04% 5.53% 9.98% 9.78% 7.90% 9.49% 7.67% 9.49% 7.67% 11.74%
Retail (Distributors) 982 15.25% 2.93% 4.16% 4.10% 3.40% 4.21% 3.49% 4.22% 3.49% 5.45%
Retail (General) 210 26.44% 2.37% 4.43% 4.29% 3.32% 3.91% 3.02% 3.91% 3.03% 6.61%
Retail (Grocery and Food) 170 23.39% 1.96% 3.88% 3.69% 2.88% 3.29% 2.56% 3.29% 2.56% 5.78%
Retail (Online) 297 42.51% 5.71% 7.12% 5.06% 4.46% 4.73% 4.17% 4.78% 4.21% 9.10%
Retail (Special Lines) 479 32.92% 3.52% 5.79% 5.63% 4.58% 5.97% 4.86% 5.99% 4.88% 7.64%
Rubber& Tires 89 30.77% 5.40% 8.61% 8.57% 7.13% 8.78% 7.31% 8.84% 7.36% 14.94%
Semiconductor 542 42.88% 14.73% 20.22% 18.19% 16.42% 18.29% 16.52% 18.90% 17.13% 36.98%
Semiconductor Equip 291 37.44% 12.59% 17.22% 16.34% 14.01% 16.41% 14.07% 17.02% 14.68% 24.26%
Shipbuilding & Marine 345 20.62% 4.44% 8.14% 8.09% 7.05% 8.16% 7.10% 8.15% 7.10% 14.28%
Shoe 78 40.46% 7.41% 10.20% 9.74% 8.12% 9.93% 8.28% 9.93% 8.28% 11.27%
Software (Entertainment) 280 61.74% 19.61% 28.53% 22.15% 19.74% 21.52% 19.17% 23.84% 21.49% 28.68%
Software (Internet) 131 36.10% 0.16% 8.43% 5.13% 4.65% 4.78% 4.33% 6.15% 5.71% 10.41%
Software (System & Application) 1375 65.91% 16.32% 24.65% 19.63% 17.93% 19.69% 17.99% 21.24% 19.54% 24.87%
Steel 695 17.54% 3.81% 7.51% 7.43% 6.43% 7.46% 6.45% 7.54% 6.53% 14.30%
Telecom (Wireless) 103 49.71% 5.03% 13.96% 13.78% 11.87% 14.46% 12.45% 14.36% 12.35% 30.28%
Telecom. Equipment 474 40.00% 4.99% 12.09% 10.75% 9.78% 11.00% 10.00% 11.02% 10.02% 14.14%
Telecom. Services 317 47.98% 5.43% 15.27% 15.02% 13.01% 15.09% 13.08% 15.10% 13.08% 31.23%
Tobacco 54 58.62% 17.64% 32.26% 31.97% 26.27% 32.10% 26.37% 32.11% 26.38% 35.52%
Transportation 265 18.62% 4.29% 7.16% 6.91% 5.61% 7.03% 5.72% 7.05% 5.74% 10.44%
Transportation (Railroads) 52 36.17% 15.55% 23.35% 23.18% 17.99% 23.45% 18.21% 23.46% 18.21% 31.29%
Trucking 208 20.03% -1.35% 4.38% 1.89% 1.51% 2.64% 2.10% 4.10% 3.56% 9.55%
Utility (General) 52 33.44% 7.54% 9.66% 9.48% 7.73% 9.45% 7.70% 9.45% 7.70% 17.79%
Utility (Water) 99 48.44% 16.44% 28.18% 28.03% 23.07% 27.78% 22.87% 27.80% 22.89% 38.08%
Total Market 44394 32.93% 7.26% 9.69% 9.28% 8.04% 9.29% 8.05% 9.42% 8.17% 13.94%
Total Market (without financials) 39677 29.13% 5.81% 10.18% 9.78% 8.49% 9.80% 8.50% 9.94% 8.64% 15.08%