Out of the 20 groups analyzed, 8 saw an improving cash margin, 5 a declining cash margin, and 7 that remained stable. Overall, the report shows evidence of a healthy economy that continues to improve.
Source: Georgia Tech Financial Analysis Lab
Software and Services Up
Software and Services revenue is up 14.51% since last year and free cash flow is up 25.48%.
Biotech and 5 Other Down
Industries that saw a decline in their free cash margin were: Capital Goods; Transportation; Automobiles and Components, Pharmaceuticals, Biotech and Life Sciences; and Utilities.
Eight Industries Show Improvement
Industries showing improvement include: Energy; Consumer Services; Media; Retailing; Health Care Equipment & Services; Software & Services; Technology Hardware & Equipment; and Semiconductors & Equipment.