Sector

Market and results

The group of companies with the same core business, such as technology, healthcare or energy.

How it is worked out

The market is split into eleven sectors. A sector's move is the average of its companies, each weighted by its value.

How to read it

  • Companies in one sector are usually moved by the same events, so they are compared with each other.
  • Figures differ a lot between sectors: a margin or a P/E that is normal in one is unusual in another.

Example

Exxon and Chevron are in energy, Apple and Microsoft in technology.

Related terms

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

Explanations of terms for learning, with examples from SEC filings.