[Economic Report of the President (2005)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-94.--Relation of profits after taxes to stockholders' equity and to sales, all manufacturing
corporations, 1955-2004
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Ratio of profits after income taxes   Profits after income taxes per dollar
(annual rate) to stockholders'                of sales--cents
equity--percent\1\          --------------------------------------
Year or quarter          ---------------------------------------
All         Durable   Nondurable       All         Durable   Nondurable
manufacturing     goods       goods    manufacturing     goods       goods
corporations  industries  industries   corporations  industries  industries
----------------------------------------------------------------------------------------------------------------
1955..............................       12.6          13.8        11.4         5.4           5.7         5.1
1956..............................       12.3          12.8        11.8         5.3           5.2         5.3
1957..............................       10.9          11.3        10.6         4.8           4.8         4.9
1958..............................        8.6           8.0         9.2         4.2           3.9         4.4
1959..............................       10.4          10.4        10.4         4.8           4.8         4.9

1960..............................        9.2           8.5         9.8         4.4           4.0         4.8
1961..............................        8.9           8.1         9.6         4.3           3.9         4.7
1962..............................        9.8           9.6         9.9         4.5           4.4         4.7
1963..............................       10.3          10.1        10.4         4.7           4.5         4.9
1964..............................       11.6          11.7        11.5         5.2           5.1         5.4
1965..............................       13.0          13.8        12.2         5.6           5.7         5.5
1966..............................       13.4          14.2        12.7         5.6           5.6         5.6
1967..............................       11.7          11.7        11.8         5.0           4.8         5.3
1968..............................       12.1          12.2        11.9         5.1           4.9         5.2
1969..............................       11.5          11.4        11.5         4.8           4.6         5.0

1970..............................        9.3           8.3        10.3         4.0           3.5         4.5
1971..............................        9.7           9.0        10.3         4.1           3.8         4.5
1972..............................       10.6          10.8        10.5         4.3           4.2         4.4
1973..............................       12.8          13.1        12.6         4.7           4.7         4.8

1973: IV..........................       13.4          12.9        14.0         4.7           4.5         5.0

New series:

1973: IV..........................       14.3          13.3        15.3         5.6           5.0         6.1

1974..............................       14.9          12.6        17.1         5.5           4.7         6.4
1975..............................       11.6          10.3        12.9         4.6           4.1         5.1
1976..............................       13.9          13.7        14.2         5.4           5.2         5.5
1977..............................       14.2          14.5        13.8         5.3           5.3         5.3
1978..............................       15.0          16.0        14.2         5.4           5.5         5.3
1979..............................       16.4          15.4        17.4         5.7           5.2         6.1

1980..............................       13.9          11.2        16.3         4.8           4.0         5.6
1981..............................       13.6          11.9        15.2         4.7           4.2         5.1
1982..............................        9.2           6.1        11.9         3.5           2.4         4.4
1983..............................       10.6           8.1        12.7         4.1           3.1         4.9
1984..............................       12.5          12.4        12.5         4.6           4.4         4.8
1985..............................       10.1           9.2        11.0         3.8           3.4         4.1
1986..............................        9.5           7.5        11.5         3.7           2.9         4.6
1987..............................       12.8          11.9        13.7         4.9           4.5         5.2
1988 \2\..........................       16.1          14.3        17.8         5.9           5.2         6.6
1989..............................       13.5          11.1        16.0         4.9           4.1         5.7

1990..............................       10.6           7.9        13.1         3.9           3.0         4.8
1991..............................        6.2           1.4        10.6         2.4            .5         4.1
1992 \3\..........................        2.1          -5.1         8.2          .8          -1.7         3.1
1993..............................        8.0           5.7        10.0         2.8           1.8         3.7
1994..............................       15.8          16.3        15.2         5.4           5.3         5.5
1995..............................       16.0          15.4        16.6         5.6           5.2         6.0
1996..............................       16.7          15.7        17.6         6.0           5.5         6.5
1997..............................       16.7          16.3        17.1         6.2           5.8         6.7
1998..............................       15.8          16.4        15.2         5.9           5.9         6.0
1999..............................       16.4          16.1        16.8         6.2           6.1         6.4
2000..............................       15.1          12.5        18.7         6.1           5.4         6.9

2000: IV..........................        9.9           7.0        13.9         4.0           3.1         5.1

NAICS: \4\
2000: IV..........................        9.1           5.6        14.3         3.7           2.5         5.2

2001..............................        2.0          -7.0        14.7          .8          -3.3         5.7
2002..............................        7.5           2.1        14.5         3.2           1.0         5.8
2003..............................       12.1           8.5        16.3         5.4           3.9         7.0

2002: I...........................        5.5           -.7        14.0         2.5           -.3         5.9
II..........................       10.2           5.8        16.1         4.3           2.6         6.4
III.........................        8.8           3.3        15.8         3.7           1.5         6.3
IV..........................        5.3           -.0        12.1         2.2           -.0         4.6

2003: I...........................       12.6           5.9        20.5         5.4           2.7         8.3
II..........................       11.9           8.6        15.7         5.3           3.8         6.9
III.........................       10.8           8.5        13.3         4.7           3.9         5.7
IV..........................       13.2          10.8        16.0         6.0           5.0         7.2

2004: I...........................       14.0          12.1        16.2         6.5           5.7         7.3
II..........................       16.7          15.2        18.4         7.3           6.9         7.8
III.........................       15.8          13.3        18.7         7.0           6.1         8.0
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\1\ Annual ratios based on average equity for the year (using four end-of-quarter figures). Quarterly ratios
based on equity at end of quarter.
\2\ See footnote 3, Table B-93.
\3\ See footnote 4, Table B-93.
\4\ See footnote 5, Table B-93.

Note.--Based on data in millions of dollars.
See Note, Table B-93.

Source: Department of Commerce, Bureau of the Census.