Valuation multiples › EBIT margin
EBIT margin by sector and industry
Operating (EBIT) margin: median and quartiles across 11 GICS sectors and 177 industries, from 29,151 valued stocks worldwide.
As of September 18, 2026 · updated daily · CSVJSON
What the numbers show
The lowest sector median is 4.2 % (Communication Services, 1,176 values), the highest 31.6 % (Financials, 3,192 values).
The middle sector (Industrials) has a median of 6.6 %; half of its 5,384 stocks sit between 0.7 % and 13.4 %.
EBIT margin by sector
| Sector | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Communication Services | -4.2 % | 4.2 % | 14.7 % | 1,176 |
| Information Technology | -2.9 % | 5.3 % | 13.4 % | 3,552 |
| Consumer Discretionary | 0.0 % | 5.3 % | 11.8 % | 3,754 |
| Materials | 0.0 % | 5.7 % | 13.3 % | 3,308 |
| Consumer Staples | 0.6 % | 5.7 % | 12.3 % | 1,750 |
| Industrials | 0.7 % | 6.6 % | 13.4 % | 5,384 |
| Health Care | -0.3 % | 7.2 % | 16.5 % | 2,206 |
| Energy | 0.0 % | 7.6 % | 21.6 % | 1,133 |
| Utilities | 4.8 % | 15.2 % | 25.9 % | 644 |
| Real Estate | 0.7 % | 17.8 % | 49.9 % | 1,800 |
| Financials | 9.2 % | 31.6 % | 51.0 % | 3,192 |
EBIT margin by industry (177)
Grouped by sector, sorted by median within each sector. Only industries with at least ten valued stocks.
Communication Services (8)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Entertainment | -11.2 % | 0.7 % | 10.3 % | 253 |
| Media & Publishing | 0.0 % | 1.0 % | 7.9 % | 12 |
| Advertising Agencies | -6.0 % | 2.0 % | 8.6 % | 191 |
| Broadcasting | -7.6 % | 2.0 % | 11.8 % | 65 |
| Publishing | -3.7 % | 4.5 % | 13.3 % | 110 |
| Internet Content & Information | -7.0 % | 5.4 % | 18.3 % | 144 |
| Electronic Gaming & Multimedia | -6.7 % | 7.7 % | 23.7 % | 140 |
| Telecom Services | 2.6 % | 10.0 % | 20.0 % | 253 |
Consumer Discretionary (29)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Textiles & Apparel | -0.8 % | 0.0 % | 3.7 % | 11 |
| Hotels & Entertainment Services | 0.0 % | 0.0 % | 0.0 % | 11 |
| Recreational Vehicles | -12.5 % | 0.6 % | 7.1 % | 36 |
| Automobiles & Auto Parts | 0.0 % | 1.6 % | 2.8 % | 13 |
| Internet Retail | -1.7 % | 2.0 % | 5.3 % | 106 |
| Textiles | -1.4 % | 2.2 % | 5.4 % | 36 |
| Consumer Electronics | -6.5 % | 2.5 % | 7.2 % | 126 |
| Auto Manufacturers | -3.7 % | 3.2 % | 7.8 % | 107 |
| Apparel Retail | -3.7 % | 3.3 % | 9.5 % | 100 |
| Auto & Truck Dealerships | 0.5 % | 3.5 % | 6.8 % | 94 |
| Specialty Retail | 0.0 % | 3.6 % | 8.6 % | 222 |
| Furnishings, Fixtures & Appliances | -1.0 % | 4.2 % | 10.2 % | 316 |
| Restaurants | 0.0 % | 4.5 % | 10.2 % | 219 |
| Discount Stores | 2.5 % | 4.5 % | 7.5 % | 25 |
| Textile Manufacturing | 0.0 % | 4.5 % | 9.2 % | 330 |
| Home Improvement Retail | 3.2 % | 4.9 % | 10.0 % | 34 |
| Apparel Manufacturing | -2.4 % | 5.1 % | 11.5 % | 214 |
| Footwear & Accessories | 1.4 % | 5.1 % | 11.2 % | 89 |
| Leisure | -4.2 % | 5.4 % | 14.8 % | 187 |
| Auto Parts | 2.4 % | 6.3 % | 11.2 % | 651 |
| Department Stores | 2.5 % | 6.5 % | 11.5 % | 116 |
| Travel Services | -2.9 % | 6.6 % | 12.5 % | 84 |
| Luxury Goods | 2.3 % | 8.1 % | 15.1 % | 127 |
| Residential Construction | 4.4 % | 8.4 % | 12.5 % | 63 |
| Education & Training Services | -3.8 % | 9.0 % | 21.8 % | 139 |
| Gambling | 1.3 % | 9.6 % | 19.9 % | 51 |
| Personal Services | 4.8 % | 9.6 % | 16.4 % | 40 |
| Resorts & Casinos | 0.1 % | 12.7 % | 18.3 % | 72 |
| Lodging | 0.7 % | 14.8 % | 25.9 % | 155 |
Consumer Staples (14)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Food & Tobacco | 0.0 % | 0.0 % | 0.0 % | 22 |
| Agricultural Products | -2.6 % | 0.9 % | 4.6 % | 16 |
| Pharmaceutical Retailers | -0.3 % | 2.5 % | 5.2 % | 57 |
| Food Distribution | 0.4 % | 3.1 % | 7.2 % | 78 |
| Grocery Stores | 1.8 % | 4.0 % | 6.2 % | 81 |
| Food Products | 0.1 % | 4.5 % | 7.4 % | 14 |
| Farm Products | -0.7 % | 5.7 % | 14.2 % | 284 |
| Packaged Foods | 1.8 % | 6.0 % | 11.2 % | 638 |
| Household & Personal Products | 1.3 % | 7.1 % | 14.5 % | 241 |
| Confectioners | 0.0 % | 7.5 % | 15.4 % | 74 |
| Beverages - Wineries & Distilleries | -0.6 % | 8.9 % | 19.6 % | 93 |
| Beverages - Brewers | 1.2 % | 10.6 % | 17.2 % | 57 |
| Beverages - Non-Alcoholic | 3.4 % | 10.8 % | 18.3 % | 86 |
| Tobacco | 0.0 % | 11.7 % | 29.8 % | 36 |
Energy (8)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Uranium | 0.0 % | 0.0 % | 2.8 % | 15 |
| Oil & Gas Refining & Marketing | 1.6 % | 5.7 % | 11.9 % | 112 |
| Oil & Gas Equipment & Services | -1.3 % | 6.2 % | 13.7 % | 183 |
| Oil & Gas Drilling | 4.9 % | 7.5 % | 20.0 % | 33 |
| Thermal Coal | 2.1 % | 8.8 % | 16.4 % | 98 |
| Oil & Gas Integrated | 4.6 % | 13.2 % | 20.5 % | 52 |
| Oil & Gas E&P | -1.2 % | 18.7 % | 38.5 % | 265 |
| Oil & Gas Midstream | 7.0 % | 22.8 % | 43.6 % | 87 |
Financials (20)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Shell Companies | 0.0 % | 0.0 % | 0.0 % | 63 |
| Banking Services | 0.0 % | 0.0 % | 0.0 % | 14 |
| Insurance - Property & Casualty | 4.9 % | 11.0 % | 17.6 % | 119 |
| Insurance - Diversified | 4.6 % | 11.1 % | 16.6 % | 82 |
| Financial Conglomerates | 6.4 % | 14.0 % | 35.8 % | 54 |
| Insurance - Reinsurance | 10.8 % | 15.5 % | 20.8 % | 29 |
| Insurance Brokers | 3.5 % | 16.3 % | 24.7 % | 36 |
| Insurance - Specialty | 9.5 % | 18.5 % | 27.8 % | 28 |
| Insurance - Life | 8.0 % | 18.8 % | 32.5 % | 95 |
| Investment Banking & Investment Services | 0.0 % | 22.5 % | 52.0 % | 16 |
| Capital Markets | 0.9 % | 24.4 % | 47.6 % | 425 |
| REIT - Mortgage | 3.3 % | 25.0 % | 72.6 % | 36 |
| Credit Services | 12.7 % | 33.0 % | 57.1 % | 325 |
| Specialized Finance | 1.5 % | 35.8 % | 77.8 % | 18 |
| Asset Management | 5.6 % | 37.2 % | 79.4 % | 597 |
| Banks - Regional | 26.0 % | 39.0 % | 49.9 % | 1,067 |
| Financial Data & Stock Exchanges | 13.9 % | 39.7 % | 50.8 % | 54 |
| Banks - Diversified | 39.8 % | 45.1 % | 53.7 % | 46 |
| Financial Services | 1.2 % | 48.1 % | 71.3 % | 14 |
| Mortgage Finance | 20.5 % | 64.8 % | 75.8 % | 91 |
Health Care (11)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Biotechnology | -7.4 % | 0.0 % | 15.7 % | 451 |
| Medical Distribution | 1.1 % | 3.5 % | 7.5 % | 79 |
| Health Information Services | -8.7 % | 4.4 % | 13.4 % | 118 |
| Healthcare Plans | 2.9 % | 5.1 % | 11.0 % | 15 |
| Pharmaceuticals | 0.6 % | 5.9 % | 11.4 % | 51 |
| Medical Devices | -11.1 % | 6.2 % | 15.2 % | 310 |
| Diagnostics & Research | -13.2 % | 8.0 % | 17.8 % | 130 |
| Medical Care Facilities | 3.9 % | 9.1 % | 14.6 % | 251 |
| Drug Manufacturers - Specialty & Generic | 0.0 % | 9.6 % | 17.6 % | 579 |
| Medical Instruments & Supplies | 3.4 % | 10.4 % | 19.5 % | 190 |
| Drug Manufacturers - General | 7.1 % | 18.7 % | 30.5 % | 72 |
Industrials (32)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Electrical Utilities & IPPs | 0.0 % | 0.0 % | 0.0 % | 14 |
| Construction & Engineering | 0.0 % | 0.0 % | 5.3 % | 17 |
| Machinery, Tools, Heavy Vehicles, Trains & Ships | -1.2 % | 1.6 % | 9.2 % | 38 |
| Staffing & Employment Services | 0.5 % | 2.0 % | 5.3 % | 85 |
| Trucking | 0.4 % | 2.4 % | 8.3 % | 45 |
| Integrated Freight & Logistics | 1.1 % | 4.3 % | 8.2 % | 203 |
| Business Equipment & Supplies | -2.2 % | 4.3 % | 12.0 % | 75 |
| Electrical Equipment | 2.5 % | 4.3 % | 15.2 % | 20 |
| Aerospace & Defense | 0.8 % | 4.5 % | 13.0 % | 10 |
| Engineering & Construction | 0.0 % | 4.7 % | 10.2 % | 810 |
| Industrial Distribution | 2.3 % | 5.2 % | 9.0 % | 112 |
| Airlines | -3.5 % | 5.5 % | 12.1 % | 52 |
| Metal Fabrication | 0.9 % | 5.5 % | 11.3 % | 258 |
| Professional & Commercial Services | 0.0 % | 5.5 % | 14.9 % | 12 |
| Pollution & Treatment Controls | 0.0 % | 5.9 % | 12.1 % | 87 |
| Conglomerates | 0.0 % | 6.0 % | 12.7 % | 362 |
| Building Products & Equipment | -1.0 % | 6.3 % | 11.6 % | 245 |
| Specialty Business Services | 0.2 % | 6.5 % | 13.5 % | 241 |
| Electrical Equipment & Parts | 1.3 % | 6.6 % | 12.6 % | 533 |
| Construction & Engineering | 0.0 % | 7.1 % | 11.7 % | 21 |
| Consulting Services | 0.0 % | 7.6 % | 17.6 % | 79 |
| Specialty Industrial Machinery | 1.7 % | 7.9 % | 14.2 % | 813 |
| Railroads | 2.7 % | 8.0 % | 17.3 % | 111 |
| Farm & Heavy Construction Machinery | 2.8 % | 8.0 % | 11.6 % | 148 |
| Waste Management | 0.0 % | 8.1 % | 21.2 % | 159 |
| Tools & Accessories | 3.7 % | 9.0 % | 14.5 % | 121 |
| Industrial Machinery | 5.3 % | 9.7 % | 18.2 % | 22 |
| Aerospace & Defense | 4.0 % | 10.2 % | 16.7 % | 228 |
| Rental & Leasing Services | 2.4 % | 11.9 % | 20.8 % | 92 |
| Airports & Air Services | 5.2 % | 12.8 % | 26.9 % | 52 |
| Marine Shipping | 4.7 % | 14.9 % | 26.5 % | 226 |
| Infrastructure Operations | 4.3 % | 26.2 % | 44.3 % | 65 |
Information Technology (18)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Solar | -15.3 % | 0.7 % | 11.7 % | 101 |
| Electronic Equipment & Parts | -2.7 % | 1.4 % | 6.8 % | 17 |
| IT Services | 0.0 % | 2.0 % | 12.4 % | 36 |
| Computers, Phones & Household Electronics | 0.3 % | 2.1 % | 7.4 % | 11 |
| Electronics & Computer Distribution | 1.3 % | 3.3 % | 5.7 % | 150 |
| Software - Infrastructure | -9.5 % | 3.7 % | 15.4 % | 352 |
| Communication Equipment | -3.5 % | 4.0 % | 11.2 % | 293 |
| Communications & Networking | -9.1 % | 4.1 % | 8.6 % | 13 |
| Computer Hardware | -1.2 % | 4.2 % | 9.7 % | 215 |
| Software - Application | -8.9 % | 4.4 % | 15.2 % | 652 |
| Software & IT Services | -0.1 % | 4.6 % | 9.9 % | 31 |
| Security & Protection Services | -3.9 % | 5.8 % | 12.4 % | 108 |
| Scientific & Technical Instruments | -3.7 % | 5.8 % | 15.8 % | 156 |
| Electronic Components | -0.8 % | 5.8 % | 12.0 % | 638 |
| Information Technology Services | 0.0 % | 5.8 % | 12.3 % | 468 |
| Semiconductors | -1.4 % | 8.5 % | 18.5 % | 322 |
| Semiconductors & Semiconductor Equipment | 1.0 % | 8.9 % | 14.9 % | 49 |
| Semiconductor Equipment & Materials | 1.4 % | 9.9 % | 20.3 % | 214 |
Materials (18)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Coking Coal | -12.6 % | -1.4 % | 7.8 % | 25 |
| Metals & Mining | 0.0 % | 0.0 % | 0.0 % | 28 |
| Other | 0.0 % | 0.0 % | 3.4 % | 116 |
| Other Precious Metals & Mining | 0.0 % | 0.5 % | 30.0 % | 72 |
| Other Industrial Metals & Mining | 0.0 % | 1.8 % | 18.5 % | 309 |
| Lumber & Wood Production | -12.1 % | 1.8 % | 6.6 % | 76 |
| Paper & Paper Products | 0.5 % | 2.9 % | 8.8 % | 118 |
| Steel | 0.0 % | 3.9 % | 9.2 % | 403 |
| Packaging & Containers | 2.2 % | 5.8 % | 10.2 % | 271 |
| Agricultural Inputs | 0.8 % | 6.2 % | 12.4 % | 172 |
| Building Materials | -1.4 % | 6.4 % | 12.8 % | 254 |
| Specialty Chemicals | 2.2 % | 7.2 % | 13.8 % | 695 |
| Aluminum | 3.8 % | 7.7 % | 14.8 % | 77 |
| Chemicals | 2.1 % | 7.8 % | 13.7 % | 341 |
| Copper | 1.6 % | 7.8 % | 34.3 % | 56 |
| Containers & Packaging | 1.6 % | 9.0 % | 11.9 % | 24 |
| Gold | 0.0 % | 27.7 % | 48.7 % | 187 |
| Silver | 0.0 % | 39.9 % | 53.9 % | 14 |
Real Estate (13)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Real Estate Operations | 0.0 % | 0.0 % | 0.0 % | 37 |
| Real Estate Development | 0.0 % | 10.0 % | 37.0 % | 26 |
| Real Estate - Development | -5.0 % | 10.3 % | 23.9 % | 543 |
| REIT - Hotel & Motel | 5.6 % | 14.2 % | 51.6 % | 35 |
| Real Estate - Diversified | 3.8 % | 19.7 % | 49.6 % | 129 |
| Real Estate Services | 1.9 % | 20.2 % | 53.1 % | 512 |
| REIT - Residential | 0.0 % | 20.7 % | 35.4 % | 45 |
| REIT - Office | 15.6 % | 41.8 % | 65.2 % | 67 |
| REIT - Specialty | 25.1 % | 48.3 % | 77.4 % | 32 |
| REIT - Diversified | 15.3 % | 49.7 % | 66.7 % | 155 |
| REIT - Healthcare Facilities | 23.4 % | 55.4 % | 80.2 % | 25 |
| REIT - Retail | 40.5 % | 59.0 % | 67.4 % | 93 |
| REIT - Industrial | 44.7 % | 66.0 % | 77.3 % | 55 |
Utilities (6)
| Industry | P25 | Median | P75 | Values |
|---|---|---|---|---|
| Utilities - Regulated Gas | 4.5 % | 9.9 % | 19.4 % | 102 |
| Utilities - Diversified | 6.5 % | 15.2 % | 22.8 % | 52 |
| Utilities - Independent Power Producers | 1.9 % | 15.3 % | 22.2 % | 73 |
| Utilities - Renewable | 1.3 % | 16.9 % | 31.7 % | 186 |
| Utilities - Regulated Electric | 9.9 % | 18.2 % | 27.1 % | 154 |
| Utilities - Regulated Water | 6.6 % | 19.1 % | 33.4 % | 64 |
Use it
EBIT margin calculator with live sector comparison → · Market valuation by sector and country → · Undervalued stocks by sector → · All 15 metrics →
Cite or reuse this table
Suggested citation: Fair Value Calculator (2026): Operating (EBIT) margin by sector and industry, as of September 18, 2026. https://www.fairvalue-calculator.com/valuation-multiples/ebit-margin
Free to use under CC BY 4.0 with attribution. Raw data: CSV · JSON · API and embedding
Not financial advice. Metrics from reported filings (latest fiscal year or trailing twelve months), percentiles over the visible Fair Value Calculator universe; negative multiples are excluded and outliers beyond the 90th percentile are never the basis of a statement.