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Effective tax rate by sector & industry in the U.S.

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Effective tax rate by sector and industry of firms in the U.S. is presented in this report

Description:

Formula for

Effective tax rate

For all other ratios

Provision For Income Taxes/Income Before Tax

Sectors

Communication Services— 22.62%

Industrials— 23.36%

Basic Materials— 20.20%

Consumer Cyclical— 35.19%

Financial Services— 21.39%

Consumer Defensive— 31.92%

Healthcare— 20.28%

Technology— 24.51%

Real Estate— 5.98%

Energy— 19.42%

Real Estate— 5.98%

Industries

Advertising Agencies— 47.10%

Aerospace & Defense— 23.73%

Agricultural Inputs— 13.96%

Airlines— 24.44%

Leisure— 20.19%

Lodging— 92.97%

Lumber & Wood Production— 24.34%

Luxury Goods— 35.88%

Airports & Air Services— 19.96%

Aluminum— 33.95%

Apparel Manufacturing— 32.37%

Apparel Retail— 26.37%

Asset Management— 24.42%

Auto & Truck Dealerships— 27.42%

Auto Parts— 23.97%

Auto Manufacturers— 6.56%

Banks—Diversified— 15.28%

Banks—Regional— 21.55%

Beverages—Brewers— 19.21%

Beverages—Non-Alcoholic— 19.54%

Beverages—Wineries & Distilleries— 104.70%

Biotechnology— 5.70%

Broadcasting— 119.02%

Building Materials— 20.62%

Building Products & Equipment— 21.90%

Business Equipment & Supplies— 25.05%

Capital Markets— 19.87%

Chemicals— 18.84%

Coking Coal— 0.18%

Communication Equipment— 27.90%

Computer Hardware— 16.14%

Confectioners— 22.37%

Marine Shipping— -

​Communication Services

Medical Devices— 54.92%

Medical Distribution— 22.59%

Medical Instruments & Supplies— 32.86%

Metal Fabrication— 31.53%

Mortgage Finance— 14.51%

Oil & Gas Drilling— 16.59%

Oil & Gas E&P— 19.79%

Oil & Gas Equipment & Services— 46.84%

Oil & Gas Integrated— 25.04%

Oil & Gas Midstream— 18.24%

Oil & Gas Refining & Marketing— 11.73%

Packaged Foods— 40.76%

Packaging & Containers— 36.11%

Paper & Paper Products— 15.90%

Personal Services— 23.86%

Pharmaceutical Retailers— 19.10%

Pollution & Treatment Controls— -

Publishing— 29.69%

Railroads— 23.83%

Real Estate Services— 18.99%

Real Estate—Diversified— 10.49%

Conglomerates— 16.82%

Consulting Services— 19.73%

Consumer Electronics— 19.94%

Copper—Mining & Related— 35.19%

Credit Services— 21.65%

Department Stores— 69.01%

Diagnostics & Research— 19.19%

Discount Stores— 26.50%

Drug Manufacturers—General— 10.47%

Drug Manufacturers—Specialty & Generic— 13.02%

Recreational Vehicles— 20.66%

REIT—Diversified— 0.66%

REIT—Healthcare Facilities— 3.81%

REIT—Hotel & Motel— 15.06%

REIT—Industrial— 0.52%

REIT—Mortgage— 5.19%

REIT—Office— 5.54%

REIT—Residential— 1.33%

REIT—Retail— 7.17%

REIT—Specialty— 10.67%

Rental & Leasing Services— 22.74%

Education & Training Services— 35.97%

Electrical Equipment & Parts— 20.91%

Electronic Components— 14.90%

Electronic Gaming & Multimedia— 13.08%

Residential Construction— 20.38%

Resorts & Casinos— 41.32%

Restaurants— 17.37%

Retail Apparel & Specialty— -

Electronics & Computer Distribution— 15.47%

Scientific & Technical Instruments— 40.09%

Engineering & Construction— 20.70%

Entertainment— 15.51%

Security & Protection Services— 21.45%

Semiconductor Equipment & Materials— 13.01%

Farm & Heavy Construction Machinery— 64.46%

Farm Products— 49.51%

Financial Conglomerates— 26.32%

Semiconductors— 15.09%

Shell Companies— -

Software—Application— 26.38%

Financial Data & Stock Exchanges— 22.34%

Food Distribution— 21.69%

Footwear & Accessories— 17.98%

Furnishings, Fixtures & Appliances— 18.46%

Software—Infrastructure— 31.33%

Solar— 8.24%

Specialty Business Services— 17.46%

Specialty Chemicals— 17.96%

Specialty Industrial Machinery— 18.69%

Gambling— 167.81%

Gold—Mining & Related— 29.30%

Grocery Stores— 19.00%

Health Information Services— 19.81%

Healthcare Plans— 16.64%

Home Improvement Retail— 22.95%

Homebuilding & Construction— -

Household & Personal Products— 21.26%

Industrial Distribution— 19.94%

Information Technology Services— 26.40%

Insurance Brokers— 15.16%

Insurance—Diversified— 21.51%

Life Insurance— 20.32%

Property & Casualty Insurance— 19.99%

Insurance—Reinsurance— 10.71%

Insurance—Specialty— 21.80%

Integrated Freight & Logistics— 23.39%

Internet Content & Information— 12.85%

Specialty Retail— 22.55%

Staffing & Employment Services— 25.64%

Steel— 18.39%

Telecom Services— 32.28%

Thermal Coal— 0.66%

Tobacco— 28.56%

Tools & Accessories— 17.27%

Travel Services— 82.20%

Trucking— 22.59%

Uranium— 0.59%

Utilities—Diversified— 32.28%

Utilities—Independent Power Producers— 34.64%

Utilities—Regulated Electric— 20.14%

Utilities—Regulated Gas— 23.37%

Utilities—Regulated Water— 11.72%

Utilities—Renewable— -

Waste Management— 24.44%

Internet Retail— 9.06%

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