Industry benchmarks
Compare US industry margins, valuation multiples, beta and cost of capital using Damodaran’s published industry aggregates.
96 of 96 records · Page 1 of 4
| Industry | Firms | Gross margin | Operating margin | Net margin | EV / EBITDA | Beta | Cost of capital | Source |
|---|---|---|---|---|---|---|---|---|
AdvertisingJanuary 2026 | 52 | 36.24% | 10.07% | -0.30% | 15.12x | 1.21 | 7.81% | pages.stern.nyu.edu |
Aerospace/DefenseJanuary 2026 | 79 | 17.48% | 8.65% | 4.99% | 33.42x | 0.95 | 7.60% | pages.stern.nyu.edu |
Air TransportJanuary 2026 | 23 | 24.79% | 5.32% | 2.51% | 9.99x | 1.19 | 6.72% | pages.stern.nyu.edu |
ApparelJanuary 2026 | 35 | 56.88% | 9.11% | 3.85% | 13.89x | 0.94 | 7.13% | pages.stern.nyu.edu |
Auto & TruckJanuary 2026 | 33 | 10.41% | 2.32% | 1.29% | 51.85x | 1.46 | 9.38% | pages.stern.nyu.edu |
Auto PartsJanuary 2026 | 35 | 15.84% | 5.67% | 0.72% | 9.11x | 1.34 | 8.18% | pages.stern.nyu.edu |
Bank (Money Center)January 2026 | 15 | 100.00% | 0.00% | 28.89% | — | 0.76 | 4.98% | pages.stern.nyu.edu |
Banks (Regional)January 2026 | 568 | 99.62% | 0.00% | 27.49% | — | 0.40 | 4.98% | pages.stern.nyu.edu |
Beverage (Alcoholic)January 2026 | 14 | 46.96% | 22.76% | 0.56% | 8.31x | 0.81 | 6.48% | pages.stern.nyu.edu |
Beverage (Soft)January 2026 | 27 | 54.74% | 20.53% | 13.40% | 18.24x | 0.64 | 6.33% | pages.stern.nyu.edu |
BroadcastingJanuary 2026 | 24 | 38.13% | 12.33% | 2.06% | 7.66x | 0.47 | 5.09% | pages.stern.nyu.edu |
Brokerage & Investment BankingJanuary 2026 | 32 | 53.27% | 0.00% | 14.45% | — | 1.17 | 6.08% | pages.stern.nyu.edu |
Building MaterialsJanuary 2026 | 41 | 30.94% | 12.64% | 7.42% | 11.81x | 1.11 | 7.85% | pages.stern.nyu.edu |
Business & Consumer ServicesJanuary 2026 | 155 | 33.38% | 12.27% | 7.03% | 16.17x | 0.89 | 7.23% | pages.stern.nyu.edu |
Cable TVJanuary 2026 | 9 | 62.91% | 18.49% | 7.08% | 6.35x | 0.74 | 5.20% | pages.stern.nyu.edu |
Chemical (Basic)January 2026 | 29 | 9.31% | 2.67% | -3.73% | 6.85x | 1.01 | 6.22% | pages.stern.nyu.edu |
Chemical (Diversified)January 2026 | 4 | 15.32% | 3.29% | -5.35% | 8.70x | 0.85 | 5.23% | pages.stern.nyu.edu |
Chemical (Specialty)January 2026 | 59 | 35.12% | 12.17% | 2.91% | 14.70x | 0.97 | 7.25% | pages.stern.nyu.edu |
Coal & Related EnergyJanuary 2026 | 16 | 14.86% | -4.02% | -2.13% | 19.45x | 1.07 | 8.41% | pages.stern.nyu.edu |
Computer ServicesJanuary 2026 | 64 | 24.26% | 7.41% | 4.45% | 16.46x | 1.09 | 7.83% | pages.stern.nyu.edu |
Computers/PeripheralsJanuary 2026 | 36 | 38.36% | 22.48% | 17.78% | 26.18x | 1.35 | 9.71% | pages.stern.nyu.edu |
Construction SuppliesJanuary 2026 | 40 | 25.52% | 15.23% | 10.78% | 16.60x | 1.15 | 8.29% | pages.stern.nyu.edu |
DiversifiedJanuary 2026 | 20 | 25.81% | 22.73% | 16.37% | 9.85x | 0.88 | 7.30% | pages.stern.nyu.edu |
Drugs (Biotechnology)January 2026 | 496 | 60.78% | 8.97% | -5.00% | 51.49x | 1.14 | 8.49% | pages.stern.nyu.edu |
US industries only. WACC and margins: January 2026. The multiples table does not state its date. EV multiples use the all-firms columns; operating margin is pre-tax and unadjusted. Market aggregates are identified separately. Missing values are unavailable, not zero. Percentages are levels, not changes. Source dataset · Aswath Damodaran · NYU Stern · Local preview.






