Summary of First Quarter Margins for S&P 500 Stocks by Sectors
By Wendy Soong -
2012-05-11T13:41:43Z
Here are the profit margin results for the first quarter of 2012 for Standard & Poor’s 500 Index stocks, broken down into ten sectors and 24 industries.
Three types of margins were measured in this report: profit margin, operating margin and EBITDA margin. The definition of each margin is in the footnotes. The EBITDA margin excludes banking industry.
================================================================================
REPORTED Margin Median
/TOTAL Profit Operating EBITDA
================================================================================
S&P500 MARGIN by SECTORS:
CONSUMER DISCRETIONARY: 62/80 7.0% 11.8% 17.9%
CONSUMER STAPLES: 36/42 8.1% 12.9% 17.4%
ENERGY: 43/43 11.0% 18.0% 38.4%
FINANCIALS: 81/81 15.8% 20.6% 48.8%
HEALTH CARE: 48/51 13.5% 19.8% 23.1%
================================================================================
REPORTED Margin Median
/TOTAL Profit Operating EBITDA
================================================================================
INDUSTRIALS: 57/61 7.5% 12.8% 16.1%
INFORMATION TECH: 61/71 13.6% 18.4% 26.7%
MATERIALS: 30/30 7.0% 12.3% 17.0%
TELECOM SVCS: 8/8 4.3% 18.1% 32.8%
UTILITIES: 32/32 7.3% 17.3% 28.3%
TOTAL REPORTED 458/499 9.3% 15.9% 23.3%
EX-FINANCIALS: 377/418 8.7% 15.5% 21.6%
S&P 500 MARGIN by INDUSTRIES:
CONSUMER DISCRETIONARY:
Automobiles & Components 5/5 4.3% 5.8% 9.6%
Consumer Durables & Apparel 12/13 4.4% 5.5% 10.4%
Consumer Services 13/14 9.7% 16.2% 21.4%
Media 16/16 8.8% 17.1% 24.3%
Retailing 16/32 4.2% 7.6% 11.5%
================================================================================
REPORTED Margin Median
/TOTAL Profit Operating EBITDA
================================================================================
CONSUMER STAPLES:
Food & Staples Retailing 8/9 2.1% 3.5% 5.4%
Food Beverage & Tobacco 22/27 10.0% 14.8% 18.5%
Household & Personal Products 6/6 9.2% 14.7% 18.6%
FINANCIALS:
Banks 15/15 19.6% 28.4% na
Diversified Financials 27/27 17.5% 24.5% 41.4%
Insurance 22/22 9.1% 14.4% 17.3%
Real Estate 17/17 22.9% 9.7% 59.2%
HEALTH CARE:
Health Care Equipment & Srvs. 28/30 7.5% 16.3% 20.9%
Pharma., Biotech. & Life Sci. 20/21 15.7% 24.3% 31.0%
INDUSTRIALS:
Capital Goods 37/41 8.5% 12.8% 15.3%
================================================================================
REPORTED Margin Median
/TOTAL Profit Operating EBITDA
================================================================================
INDUSTRIALS:
Commercial & Professional Serv. 11/11 7.4% 14.6% 24.2%
Transportation 9/9 5.4% 8.9% 14.7%
INFORMATION TECH:
Semiconductors 15/17 12.1% 17.5% 25.5%
Software & Services 26/31 17.6% 21.8% 28.9%
Technology Hardware & Equip. 20/23 8.8% 16.1% 19.5%
ENERGY: 43/43 11.0% 18.0% 38.4%
MATERIALS: 30/30 7.0% 12.3% 17.0%
TELECOM SVCS: 8/8 4.3% 18.1% 32.8%
UTILITIES: 32/32 7.3% 17.3% 28.3%
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
Y-O-Y COMPARISONS by SECTORS:
----------Profit Margin----------
Consumer Discretionary: 62/80 21 18 23
Consumer Staples: 36/42 6 14 16
Energy: 42/43 16 5 21
Financials: 81/81 39 11 31
Health Care: 48/51 18 9 21
Industrials: 56/61 26 17 13
Information Tech: 61/71 22 6 33
Materials: 30/30 6 8 16
Telecom Svcs: 8/8 3 1 4
Utilities: 32/32 13 8 11
Total Reported: 456/499 170 97 189
-------Operating Margin-------
Consumer Discretionary: 61/80 23 19 19
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
-------Operating Margin-------
Consumer Staples: 36/42 11 7 18
Energy: 42/43 16 4 22
Financials: 81/81 39 6 36
Health Care: 48/51 16 9 23
Industrials: 56/61 28 15 13
Information Tech: 59/71 18 8 33
Materials: 30/30 9 4 17
Telecom Svcs: 8/8 3 1 4
Utilities: 32/32 15 4 13
Total Reported: 453/499 178 77 198
---------EBITDA Margin---------
Consumer Discretionary: 57/80 21 12 24
Consumer Staples: 35/42 6 11 18
Energy: 40/43 12 10 18
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
---------EBITDA Margin---------
Financials: 39/81 11 7 21
Health Care: 45/51 15 11 19
Industrials: 56/61 24 24 8
Information Tech: 57/71 14 16 27
Materials: 30/30 9 5 16
Telecom Svcs: 8/8 2 0 6
Utilities: 32/32 12 6 14
Total Reported: 399/499 126 102 171
Y-O-Y COMPARISONS by INDUSTRIES:
----------Profit Margin----------
CONSUMER DISCRETIONARY:
Automobiles & Components 5/5 2 1 2
Consumer Durables & Apparel 12/13 4 2 6
Consumer Services 13/14 4 4 5
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
----------Profit Margin----------
CONSUMER DISCRETIONARY:
Media 16/16 7 5 4
Retailing 16/32 4 6 6
CONSUMER STAPLES:
Food & Staples Retailing 8/9 1 5 2
Food Beverage & Tobacco 22/27 4 7 11
Household & Personal Products 6/6 1 2 3
FINANCIALS:
Banks 15/15 11 0 4
Diversified Financials 27/27 8 7 12
Insurance 22/22 10 3 9
Real Estate 17/17 10 1 6
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
----------Profit Margin----------
HEALTH CARE:
Health Care Equipment & Srvs. 28/30 9 7 12
Pharma., Biotech. & Life Sci. 20/21 9 2 9
INDUSTRIALS:
Capital Goods 36/41 16 11 9
Commercial & Professional Serv. 11/11 5 3 3
Transportation 9/9 5 3 1
INFORMATION TECH:
Semiconductors 15/17 1 0 14
Software & Services 26/31 15 1 10
Technology Hardware & Equip. 20/23 6 5 9
ENERGY: 42/43 16 5 21
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
----------Profit Margin----------
MATERIALS: 30/30 6 8 16
TELECOM SVCS: 8/8 3 1 4
UTILITIES: 32/32 13 8 11
-------Operating Margin-------
CONSUMER DISCRETIONARY:
Automobiles & Components 5/5 2 2 1
Consumer Durables & Apparel 12/13 5 3 4
Consumer Services 13/14 3 5 5
Media 16/16 7 4 5
Retailing 15/32 6 5 4
CONSUMER STAPLES:
Food & Staples Retailing 8/9 1 4 3
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
-------Operating Margin-------
CONSUMER STAPLES:
Food Beverage & Tobacco 22/27 9 3 10
Household & Personal Products 6/6 1 0 5
FINANCIALS:
Banks 15/15 10 1 4
Diversified Financials 27/27 7 1 19
Insurance 22/22 12 2 8
Real Estate 17/17 10 2 5
HEALTH CARE:
Health Care Equipment & Srvs. 28/30 9 7 12
Pharma., Biotech. & Life Sci. 20/21 7 2 11
INDUSTRIALS:
Capital Goods 36/41 18 12 6
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
-------Operating Margin-------
INDUSTRIALS:
Commercial & Professional Serv. 11/11 6 1 4
Transportation 9/9 4 2 3
INFORMATION TECH:
Semiconductors 14/17 1 0 13
Software & Services 25/31 10 6 9
Technology Hardware & Equip. 20/23 7 2 11
ENERGY: 42/43 16 4 22
MATERIALS: 30/30 9 4 17
TELECOM SVCS: 8/8 3 1 4
UTILITIES: 32/32 15 4 13
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
---------EBITDA Margin---------
CONSUMER DISCRETIONARY:
Automobiles & Components 5/5 2 2 1
Consumer Durables & Apparel 11/13 4 0 7
Consumer Services 13/14 3 3 7
Media 14/16 8 1 5
Retailing 14/32 4 6 4
CONSUMER STAPLES:
Food & Staples Retailing 8/9 1 5 2
Food Beverage & Tobacco 21/27 4 5 12
Household & Personal Products 6/6 1 1 4
FINANCIALS:
Banks 0/15 na na na
Diversified Financials 20/27 3 4 13
Insurance 3/22 2 1 0
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
---------EBITDA Margin---------
FINANCIALS:
Real Estate 16/17 6 2 8
HEALTH CARE:
Health Care Equipment & Srvs. 27/30 7 8 12
Pharma., Biotech. & Life Sci. 18/21 8 3 7
INDUSTRIALS:
Capital Goods 36/41 18 16 2
Commercial & Professional Serv. 11/11 4 4 3
Transportation 9/9 2 4 3
INFORMATION TECH:
Semiconductors 13/17 0 0 13
Software & Services 25/31 9 10 6
Technology Hardware & Equip. 19/23 5 6 8
================================================================================
REPORTED
/TOTAL Higher Same* Lower
================================================================================
---------EBITDA Margin---------
ENERGY: 40/43 12 10 18
MATERIALS: 30/30 9 5 16
TELECOM SVCS: 8/8 2 0 6
UTILITIES: 32/32 12 6 14
================================================================================
Profit Margin: A company divides its net income into its net sales to measure its profitability. Operating Margin: A determination of the expense margin, operating margin is operating income as a percentage of net sales. Operating income is equal to net sales minus cost of goods sold minus selling, general, and administrative expenses. EBITDA Margin: The earnings before interest, taxes, depreciation and amortization divided by sales.
* -- Same category includes the margin differences between +0.5 percent and -0.5 percent.
To contact the reporter on this story: Wendy Soong in New York at csoong@bloomberg.net
To contact the editor responsible for this story: Alex Tanzi at at atanzi@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.