Table Data - Nonfinancial Corporate Business; Debt as a Percentage of Net Worth (Historical Cost), Level
| Title | Nonfinancial Corporate Business; Debt as a Percentage of Net Worth (Historical Cost), Level |
|---|---|
| Series ID | NCBCMDPNWHC |
| Source | Board of Governors of the Federal Reserve System (US) |
| Release | Z.1 Financial Accounts of the United States |
| Seasonal Adjustment | Not Seasonally Adjusted |
| Frequency | Quarterly, End of Period |
| Units | Percent |
| Date Range | 1945-10-01 to 2026-04-01 |
| Last Updated | 2026-09-11 11:56 AM CDT |
| Notes | For more information about the Flow of Funds tables, see the Financial Accounts Guide. |
| DATE | VALUE |
|---|---|
| 1945-10-01 | 42.0383167012 |
| 1946-01-01 | . |
| 1946-04-01 | . |
| 1946-07-01 | . |
| 1946-10-01 | 44.8133875879 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | 46.1728806668 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | 46.9721058929 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | 45.4670234624 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | 45.7457185720 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | 52.6235228964 |
| 1952-01-01 | 52.2090154009 |
| 1952-04-01 | 53.4844421489 |
| 1952-07-01 | 53.2654984348 |
| 1952-10-01 | 50.7885815916 |
| 1953-01-01 | 49.0673745590 |
| 1953-04-01 | 46.1827448202 |
| 1953-07-01 | 44.6557241142 |
| 1953-10-01 | 48.5090656115 |
| 1954-01-01 | 51.0424002264 |
| 1954-04-01 | 55.0339110316 |
| 1954-07-01 | 61.5904607485 |
| 1954-10-01 | 63.2843471385 |
| 1955-01-01 | 63.8754924279 |
| 1955-04-01 | 74.6641201058 |
| 1955-07-01 | 82.4419178595 |
| 1955-10-01 | 85.8510394667 |
| 1956-01-01 | 96.5759055911 |
| 1956-04-01 | 87.3122487313 |
| 1956-07-01 | 81.1823469142 |
| 1956-10-01 | 95.7422171602 |
| 1957-01-01 | 82.7899583664 |
| 1957-04-01 | 93.9065262138 |
| 1957-07-01 | 75.5141318977 |
| 1957-10-01 | 77.8458222555 |
| 1958-01-01 | 83.5271791441 |
| 1958-04-01 | 92.7285788432 |
| 1958-07-01 | 116.7483936422 |
| 1958-10-01 | 132.7167036568 |
| 1959-01-01 | 134.5467740083 |
| 1959-04-01 | 149.8636843839 |
| 1959-07-01 | 131.4972246134 |
| 1959-10-01 | 165.0923039749 |
| 1960-01-01 | 123.2863566084 |
| 1960-04-01 | 131.7936864474 |
| 1960-07-01 | 101.9139020537 |
| 1960-10-01 | 153.5246480730 |
| 1961-01-01 | 243.7555272679 |
| 1961-04-01 | 222.2143985556 |
| 1961-07-01 | 242.1140320817 |
| 1961-10-01 | 297.5259135373 |
| 1962-01-01 | 257.5021351419 |
| 1962-04-01 | 258.9675846620 |
| 1962-07-01 | 232.7548940538 |
| 1962-10-01 | 220.9542603806 |
| 1963-01-01 | 200.6008207401 |
| 1963-04-01 | 186.3954342167 |
| 1963-07-01 | 172.0940362761 |
| 1963-10-01 | 172.6438638571 |
| 1964-01-01 | 158.4066895060 |
| 1964-04-01 | 152.1642012210 |
| 1964-07-01 | 143.6168768110 |
| 1964-10-01 | 146.3612432925 |
| 1965-01-01 | 140.0029853354 |
| 1965-04-01 | 136.7721777120 |
| 1965-07-01 | 127.8433640749 |
| 1965-10-01 | 118.9682403630 |
| 1966-01-01 | 115.8810126994 |
| 1966-04-01 | 115.5839827808 |
| 1966-07-01 | 114.3197320095 |
| 1966-10-01 | 115.1908412047 |
| 1967-01-01 | 110.6833286183 |
| 1967-04-01 | 110.3114463017 |
| 1967-07-01 | 106.0981790198 |
| 1967-10-01 | 105.0286793509 |
| 1968-01-01 | 106.1571761168 |
| 1968-04-01 | 103.0238058962 |
| 1968-07-01 | 101.9690026108 |
| 1968-10-01 | 101.9747485342 |
| 1969-01-01 | 100.8452404220 |
| 1969-04-01 | 101.7700799391 |
| 1969-07-01 | 101.3375059461 |
| 1969-10-01 | 101.0121204667 |
| 1970-01-01 | 105.1577516596 |
| 1970-04-01 | 111.3169948380 |
| 1970-07-01 | 108.7484954590 |
| 1970-10-01 | 106.4423158158 |
| 1971-01-01 | 103.5368496607 |
| 1971-04-01 | 104.2512590247 |
| 1971-07-01 | 102.3525167162 |
| 1971-10-01 | 99.2265921552 |
| 1972-01-01 | 95.8641605565 |
| 1972-04-01 | 94.7245438694 |
| 1972-07-01 | 92.5778709210 |
| 1972-10-01 | 86.0469440658 |
| 1973-01-01 | 85.7442407844 |
| 1973-04-01 | 87.8770151244 |
| 1973-07-01 | 87.5835973851 |
| 1973-10-01 | 89.0533688152 |
| 1974-01-01 | 87.5444014534 |
| 1974-04-01 | 89.9769021603 |
| 1974-07-01 | 90.5660017494 |
| 1974-10-01 | 79.1786427216 |
| 1975-01-01 | 94.2367682341 |
| 1975-04-01 | 91.0427350971 |
| 1975-07-01 | 93.2579303299 |
| 1975-10-01 | 90.7927219673 |
| 1976-01-01 | 85.8558128572 |
| 1976-04-01 | 84.5693920788 |
| 1976-07-01 | 84.1157380788 |
| 1976-10-01 | 78.1584485301 |
| 1977-01-01 | 79.5014870256 |
| 1977-04-01 | 78.5914683045 |
| 1977-07-01 | 78.4012234296 |
| 1977-10-01 | 77.9286863560 |
| 1978-01-01 | 78.4417139859 |
| 1978-04-01 | 77.9018803155 |
| 1978-07-01 | 75.1814599147 |
| 1978-10-01 | 73.4059849603 |
| 1979-01-01 | 72.8920384122 |
| 1979-04-01 | 72.5695412141 |
| 1979-07-01 | 70.9847911129 |
| 1979-10-01 | 69.3972217803 |
| 1980-01-01 | 70.7914529336 |
| 1980-04-01 | 68.7589340293 |
| 1980-07-01 | 66.9925750721 |
| 1980-10-01 | 65.9870624457 |
| 1981-01-01 | 64.5790430833 |
| 1981-04-01 | 65.8786206618 |
| 1981-07-01 | 68.7497929830 |
| 1981-10-01 | 67.3691875975 |
| 1982-01-01 | 68.5900596971 |
| 1982-04-01 | 69.6104549532 |
| 1982-07-01 | 68.1429311483 |
| 1982-10-01 | 65.8305101683 |
| 1983-01-01 | 64.9464323582 |
| 1983-04-01 | 63.1227984945 |
| 1983-07-01 | 63.7656230834 |
| 1983-10-01 | 63.6222899503 |
| 1984-01-01 | 66.5249278459 |
| 1984-04-01 | 69.3884476305 |
| 1984-07-01 | 68.1253769891 |
| 1984-10-01 | 69.4379886258 |
| 1985-01-01 | 69.1715826236 |
| 1985-04-01 | 69.4735458560 |
| 1985-07-01 | 71.5565763280 |
| 1985-10-01 | 66.8440954019 |
| 1986-01-01 | 66.0800022842 |
| 1986-04-01 | 67.4051070288 |
| 1986-07-01 | 70.4489937652 |
| 1986-10-01 | 69.9607208528 |
| 1987-01-01 | 67.1740750833 |
| 1987-04-01 | 67.5572524321 |
| 1987-07-01 | 66.9684803078 |
| 1987-10-01 | 73.9195700526 |
| 1988-01-01 | 74.9426805958 |
| 1988-04-01 | 75.8034202911 |
| 1988-07-01 | 76.6894509441 |
| 1988-10-01 | 76.3380112179 |
| 1989-01-01 | 76.7754486206 |
| 1989-04-01 | 77.4401487836 |
| 1989-07-01 | 76.6761388162 |
| 1989-10-01 | 76.9526648591 |
| 1990-01-01 | 76.9043897188 |
| 1990-04-01 | 76.5737711683 |
| 1990-07-01 | 78.9241467569 |
| 1990-10-01 | 80.8022872857 |
| 1991-01-01 | 77.2111138387 |
| 1991-04-01 | 76.7518780149 |
| 1991-07-01 | 74.7792235926 |
| 1991-10-01 | 71.7402132805 |
| 1992-01-01 | 74.3315049679 |
| 1992-04-01 | 73.5168163399 |
| 1992-07-01 | 72.6189659107 |
| 1992-10-01 | 72.8561600105 |
| 1993-01-01 | 72.1010320971 |
| 1993-04-01 | 71.8409306561 |
| 1993-07-01 | 70.7000989262 |
| 1993-10-01 | 67.4508713160 |
| 1994-01-01 | 69.2111159187 |
| 1994-04-01 | 69.1888636794 |
| 1994-07-01 | 67.8100224752 |
| 1994-10-01 | 66.8700076566 |
| 1995-01-01 | 66.4898820850 |
| 1995-04-01 | 65.6419892579 |
| 1995-07-01 | 64.2526277057 |
| 1995-10-01 | 62.0895859275 |
| 1996-01-01 | 61.3682556502 |
| 1996-04-01 | 61.3998753011 |
| 1996-07-01 | 60.6565743388 |
| 1996-10-01 | 57.8133654779 |
| 1997-01-01 | 58.5795424033 |
| 1997-04-01 | 57.5559752315 |
| 1997-07-01 | 57.0926196707 |
| 1997-10-01 | 56.5241460125 |
| 1998-01-01 | 56.4599330698 |
| 1998-04-01 | 58.3370552408 |
| 1998-07-01 | 60.8870247789 |
| 1998-10-01 | 56.8777368328 |
| 1999-01-01 | 57.6398184862 |
| 1999-04-01 | 56.4944933250 |
| 1999-07-01 | 58.8319435169 |
| 1999-10-01 | 53.9107050893 |
| 2000-01-01 | 54.0049065609 |
| 2000-04-01 | 55.3776169132 |
| 2000-07-01 | 55.0585311314 |
| 2000-10-01 | 54.7374366545 |
| 2001-01-01 | 56.1607448416 |
| 2001-04-01 | 56.4534421421 |
| 2001-07-01 | 58.0318060749 |
| 2001-10-01 | 60.0903301480 |
| 2002-01-01 | 60.1210797495 |
| 2002-04-01 | 60.9654657479 |
| 2002-07-01 | 61.7873898871 |
| 2002-10-01 | 64.0741827695 |
| 2003-01-01 | 63.5984891640 |
| 2003-04-01 | 61.2224987330 |
| 2003-07-01 | 60.6212038722 |
| 2003-10-01 | 55.6969102452 |
| 2004-01-01 | 55.3955290702 |
| 2004-04-01 | 54.8281239526 |
| 2004-07-01 | 54.8390802622 |
| 2004-10-01 | 52.8863208693 |
| 2005-01-01 | 53.0215520951 |
| 2005-04-01 | 53.0694298203 |
| 2005-07-01 | 52.1431233061 |
| 2005-10-01 | 51.1401860007 |
| 2006-01-01 | 50.4309034875 |
| 2006-04-01 | 51.2399990916 |
| 2006-07-01 | 50.2673534164 |
| 2006-10-01 | 49.6561830136 |
| 2007-01-01 | 49.6806807482 |
| 2007-04-01 | 49.7176739380 |
| 2007-07-01 | 50.3661079528 |
| 2007-10-01 | 51.8240554368 |
| 2008-01-01 | 55.8604253472 |
| 2008-04-01 | 58.3820167632 |
| 2008-07-01 | 64.3858578013 |
| 2008-10-01 | 73.9597028060 |
| 2009-01-01 | 75.0787899018 |
| 2009-04-01 | 69.0962068472 |
| 2009-07-01 | 61.9325054228 |
| 2009-10-01 | 58.0475539417 |
| 2010-01-01 | 56.8750163758 |
| 2010-04-01 | 58.6774515740 |
| 2010-07-01 | 55.8053523037 |
| 2010-10-01 | 62.7063272906 |
| 2011-01-01 | 60.7486753877 |
| 2011-04-01 | 61.1471886017 |
| 2011-07-01 | 68.4935645200 |
| 2011-10-01 | 68.8550666721 |
| 2012-01-01 | 65.8333834581 |
| 2012-04-01 | 67.4580471842 |
| 2012-07-01 | 66.6002093035 |
| 2012-10-01 | 69.2530520412 |
| 2013-01-01 | 67.5848855448 |
| 2013-04-01 | 70.4754741277 |
| 2013-07-01 | 68.6046766499 |
| 2013-10-01 | 66.1559608134 |
| 2014-01-01 | 66.4197551101 |
| 2014-04-01 | 65.1385788872 |
| 2014-07-01 | 67.2984534293 |
| 2014-10-01 | 69.8890692505 |
| 2015-01-01 | 70.4285732795 |
| 2015-04-01 | 72.2106968511 |
| 2015-07-01 | 76.7972141360 |
| 2015-10-01 | 76.5483119505 |
| 2016-01-01 | 77.6378536141 |
| 2016-04-01 | 77.3259570579 |
| 2016-07-01 | 75.0616020995 |
| 2016-10-01 | 74.7321287484 |
| 2017-01-01 | 72.2272286663 |
| 2017-04-01 | 71.0100344150 |
| 2017-07-01 | 67.9396046017 |
| 2017-10-01 | 66.8893781699 |
| 2018-01-01 | 68.2979328632 |
| 2018-04-01 | 70.4327304207 |
| 2018-07-01 | 70.1085390265 |
| 2018-10-01 | 76.3981024625 |
| 2019-01-01 | 73.6022882607 |
| 2019-04-01 | 71.4700720559 |
| 2019-07-01 | 71.1914851803 |
| 2019-10-01 | 67.9945155474 |
| 2020-01-01 | 82.9765080006 |
| 2020-04-01 | 79.3612058253 |
| 2020-07-01 | 74.2042611120 |
| 2020-10-01 | 68.3710125522 |
| 2021-01-01 | 66.6997715859 |
| 2021-04-01 | 64.3285302836 |
| 2021-07-01 | 63.5895786385 |
| 2021-10-01 | 62.6618187891 |
| 2022-01-01 | 66.1378376505 |
| 2022-04-01 | 73.1902824524 |
| 2022-07-01 | 76.0079136498 |
| 2022-10-01 | 71.2981383512 |
| 2023-01-01 | 68.9530094337 |
| 2023-04-01 | 67.1237346293 |
| 2023-07-01 | 68.7702667103 |
| 2023-10-01 | 64.9675418913 |
| 2024-01-01 | 62.1871559087 |
| 2024-04-01 | 62.1365978374 |
| 2024-07-01 | 60.7223510466 |
| 2024-10-01 | 60.6599944428 |
| 2025-01-01 | 61.4578415440 |
| 2025-04-01 | 58.3759763497 |
| 2025-07-01 | 56.7415174449 |
| 2025-10-01 | 55.0027981473 |
| 2026-01-01 | 56.0025103629 |
| 2026-04-01 | 53.9376878319 |