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In this chart, we rank the top U.S. industries by their average net profit margin in 2024. Data is sourced from Damodaran Online, a database maintained by Aswath Damodaran, faculty at the NYU Stern School of Business.
I don't pay close attention to business performance, but those numbers seem too high. I suspect something important is being omitted from the costs side.
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Does it have to do with this?
Average net margins are calculated off cumulative net income and sales from each publicly traded company in the industry in the past 12 months. Data last updated in January 2025. Please see the source’s methodology page for more background information.
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Presumably
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