Table Data - Nonfinancial Corporate Business; Debt as a Percentage of Net Worth (Market Value), Level
| Title | Nonfinancial Corporate Business; Debt as a Percentage of Net Worth (Market Value), Level |
|---|---|
| Series ID | NCBCMDPNWMV |
| 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 2025-10-01 |
| Last Updated | 2026-03-19 11:59 AM CDT |
| Notes | For more information about the Flow of Funds tables, see the Financial Accounts Guide. |
| DATE | VALUE |
|---|---|
| 1945-10-01 | 22.426155770856255 |
| 1946-01-01 | . |
| 1946-04-01 | . |
| 1946-07-01 | . |
| 1946-10-01 | 23.466652869043310 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | 22.856665559681590 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | 23.159773273440750 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | 23.037603345699640 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | 23.306144023108015 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | 24.958985784270286 |
| 1952-01-01 | 24.558500255540295 |
| 1952-04-01 | 24.955847911658750 |
| 1952-07-01 | 25.426063541358573 |
| 1952-10-01 | 25.198706578740870 |
| 1953-01-01 | 25.031989976184760 |
| 1953-04-01 | 24.210581746625650 |
| 1953-07-01 | 23.802933790323447 |
| 1953-10-01 | 25.080451630669970 |
| 1954-01-01 | 25.902069777796928 |
| 1954-04-01 | 26.802754257444583 |
| 1954-07-01 | 28.627205928531048 |
| 1954-10-01 | 29.327116855877534 |
| 1955-01-01 | 29.735010248047160 |
| 1955-04-01 | 31.798222512617760 |
| 1955-07-01 | 32.775161381998290 |
| 1955-10-01 | 33.381859198036980 |
| 1956-01-01 | 34.287231894945506 |
| 1956-04-01 | 33.343222538578914 |
| 1956-07-01 | 31.940847976097320 |
| 1956-10-01 | 34.131782206541430 |
| 1957-01-01 | 32.477696639979860 |
| 1957-04-01 | 34.363352798872830 |
| 1957-07-01 | 31.623066579708040 |
| 1957-10-01 | 32.318412705216680 |
| 1958-01-01 | 33.836755913698990 |
| 1958-04-01 | 35.329538843368380 |
| 1958-07-01 | 38.587236632120170 |
| 1958-10-01 | 41.074922644343730 |
| 1959-01-01 | 41.449512658024254 |
| 1959-04-01 | 43.417012495927380 |
| 1959-07-01 | 41.895837536568140 |
| 1959-10-01 | 45.764670815108550 |
| 1960-01-01 | 42.805047357541730 |
| 1960-04-01 | 44.497051474891904 |
| 1960-07-01 | 40.723801817467080 |
| 1960-10-01 | 48.177913521705605 |
| 1961-01-01 | 55.471327018734150 |
| 1961-04-01 | 54.876773711725170 |
| 1961-07-01 | 56.212430620015525 |
| 1961-10-01 | 60.411215838956910 |
| 1962-01-01 | 59.140170381338820 |
| 1962-04-01 | 60.399373050386470 |
| 1962-07-01 | 59.395667516099940 |
| 1962-10-01 | 59.933859330087400 |
| 1963-01-01 | 59.040713927317040 |
| 1963-04-01 | 58.648664732053774 |
| 1963-07-01 | 57.495671556331120 |
| 1963-10-01 | 58.911345826696014 |
| 1964-01-01 | 57.569026922711470 |
| 1964-04-01 | 56.771107783485280 |
| 1964-07-01 | 55.869460390003290 |
| 1964-10-01 | 57.054601757821380 |
| 1965-01-01 | 56.699565930242160 |
| 1965-04-01 | 56.972063371399930 |
| 1965-07-01 | 56.015160924693866 |
| 1965-10-01 | 54.603267853864500 |
| 1966-01-01 | 54.879458023543200 |
| 1966-04-01 | 54.689221201886300 |
| 1966-07-01 | 54.903918143249310 |
| 1966-10-01 | 54.896994807906690 |
| 1967-01-01 | 54.448006022996890 |
| 1967-04-01 | 54.769431470589545 |
| 1967-07-01 | 53.528840172461880 |
| 1967-10-01 | 52.876046890762920 |
| 1968-01-01 | 53.295190514552640 |
| 1968-04-01 | 52.620677177364130 |
| 1968-07-01 | 52.404250352519630 |
| 1968-10-01 | 52.193527605854750 |
| 1969-01-01 | 51.927749134825910 |
| 1969-04-01 | 52.362037655847060 |
| 1969-07-01 | 51.989486000835770 |
| 1969-10-01 | 51.603002639151600 |
| 1970-01-01 | 53.445737440497275 |
| 1970-04-01 | 53.975831593661766 |
| 1970-07-01 | 53.530541803378020 |
| 1970-10-01 | 52.557711671797240 |
| 1971-01-01 | 51.149277895975230 |
| 1971-04-01 | 50.838280551177750 |
| 1971-07-01 | 49.987202687564235 |
| 1971-10-01 | 49.038369917468565 |
| 1972-01-01 | 47.938209018130490 |
| 1972-04-01 | 47.854455850264550 |
| 1972-07-01 | 47.271206420137110 |
| 1972-10-01 | 45.871824759264506 |
| 1973-01-01 | 45.843888166582230 |
| 1973-04-01 | 46.223134184972980 |
| 1973-07-01 | 45.819341985728450 |
| 1973-10-01 | 45.958166014334370 |
| 1974-01-01 | 44.997439455226800 |
| 1974-04-01 | 44.439138653735520 |
| 1974-07-01 | 42.677991289586020 |
| 1974-10-01 | 38.609448175613274 |
| 1975-01-01 | 40.658820398580110 |
| 1975-04-01 | 39.088844705540280 |
| 1975-07-01 | 38.926094880597994 |
| 1975-10-01 | 38.336478559034944 |
| 1976-01-01 | 37.078099423556870 |
| 1976-04-01 | 36.457634936404080 |
| 1976-07-01 | 36.009652892798414 |
| 1976-10-01 | 34.829832803415140 |
| 1977-01-01 | 34.787823256704456 |
| 1977-04-01 | 34.744402163240830 |
| 1977-07-01 | 34.521046057396360 |
| 1977-10-01 | 34.674872041681570 |
| 1978-01-01 | 34.705340802869735 |
| 1978-04-01 | 34.375357063740980 |
| 1978-07-01 | 33.438706769590740 |
| 1978-10-01 | 32.921952006201025 |
| 1979-01-01 | 32.607132118884830 |
| 1979-04-01 | 32.261302017654480 |
| 1979-07-01 | 31.539480657127715 |
| 1979-10-01 | 30.935569087084907 |
| 1980-01-01 | 31.046781887722200 |
| 1980-04-01 | 30.063717485821850 |
| 1980-07-01 | 29.163195434906918 |
| 1980-10-01 | 28.702821200957025 |
| 1981-01-01 | 28.303204909515360 |
| 1981-04-01 | 28.678970572916970 |
| 1981-07-01 | 29.425441129328114 |
| 1981-10-01 | 29.078008641139260 |
| 1982-01-01 | 29.346190084842295 |
| 1982-04-01 | 29.862911341805447 |
| 1982-07-01 | 29.848392615776064 |
| 1982-10-01 | 29.637605815466050 |
| 1983-01-01 | 29.837037321898976 |
| 1983-04-01 | 29.963738167975140 |
| 1983-07-01 | 30.509215587545500 |
| 1983-10-01 | 30.965660829825920 |
| 1984-01-01 | 32.298076357286114 |
| 1984-04-01 | 33.619545033246126 |
| 1984-07-01 | 33.684040340228805 |
| 1984-10-01 | 34.713252859974034 |
| 1985-01-01 | 35.311319602330560 |
| 1985-04-01 | 35.957181287526424 |
| 1985-07-01 | 36.808530813939400 |
| 1985-10-01 | 36.158537804971054 |
| 1986-01-01 | 36.501742514103240 |
| 1986-04-01 | 37.425346935779565 |
| 1986-07-01 | 38.669282854307960 |
| 1986-10-01 | 39.207898286775134 |
| 1987-01-01 | 38.753874203289854 |
| 1987-04-01 | 39.201417730750990 |
| 1987-07-01 | 39.320039876457340 |
| 1987-10-01 | 41.600114627980190 |
| 1988-01-01 | 42.189199333885910 |
| 1988-04-01 | 42.662246605239050 |
| 1988-07-01 | 42.955980323130085 |
| 1988-10-01 | 42.986544749895530 |
| 1989-01-01 | 42.227685754714880 |
| 1989-04-01 | 43.140465208415534 |
| 1989-07-01 | 43.278927558062310 |
| 1989-10-01 | 43.916222408988370 |
| 1990-01-01 | 45.405128032722180 |
| 1990-04-01 | 45.745345272270846 |
| 1990-07-01 | 46.649753300116906 |
| 1990-10-01 | 47.418493670808000 |
| 1991-01-01 | 46.637479969285200 |
| 1991-04-01 | 46.791604391373760 |
| 1991-07-01 | 46.931923344309790 |
| 1991-10-01 | 46.332991998260100 |
| 1992-01-01 | 48.470802084026566 |
| 1992-04-01 | 48.801537972501740 |
| 1992-07-01 | 49.291477453649385 |
| 1992-10-01 | 50.169266156688130 |
| 1993-01-01 | 50.605420508198010 |
| 1993-04-01 | 50.994775998535640 |
| 1993-07-01 | 50.812781138807180 |
| 1993-10-01 | 49.228126789812070 |
| 1994-01-01 | 50.377594789449110 |
| 1994-04-01 | 50.171376673036780 |
| 1994-07-01 | 49.391074738566395 |
| 1994-10-01 | 48.813476704037534 |
| 1995-01-01 | 48.880385150100960 |
| 1995-04-01 | 48.609492528975340 |
| 1995-07-01 | 47.749820787422976 |
| 1995-10-01 | 46.567941877507366 |
| 1996-01-01 | 46.514287580675800 |
| 1996-04-01 | 46.688829578989910 |
| 1996-07-01 | 46.581009651691920 |
| 1996-10-01 | 44.001970801178906 |
| 1997-01-01 | 43.432194693161560 |
| 1997-04-01 | 43.026602263087504 |
| 1997-07-01 | 42.526669934639350 |
| 1997-10-01 | 40.904633558894370 |
| 1998-01-01 | 41.217137309341760 |
| 1998-04-01 | 41.914793270854250 |
| 1998-07-01 | 43.626641769849435 |
| 1998-10-01 | 41.377618367255515 |
| 1999-01-01 | 42.962336735705340 |
| 1999-04-01 | 42.480198206721774 |
| 1999-07-01 | 43.239312434873190 |
| 1999-10-01 | 40.273969412479260 |
| 2000-01-01 | 41.596110569909214 |
| 2000-04-01 | 41.499207514671290 |
| 2000-07-01 | 40.361104494898080 |
| 2000-10-01 | 39.912936274055370 |
| 2001-01-01 | 41.200368865321040 |
| 2001-04-01 | 41.392214546407615 |
| 2001-07-01 | 42.251850411206330 |
| 2001-10-01 | 44.338419752052320 |
| 2002-01-01 | 44.005553892034260 |
| 2002-04-01 | 44.598602212363170 |
| 2002-07-01 | 44.855511159063234 |
| 2002-10-01 | 45.225774613669536 |
| 2003-01-01 | 44.109883049736700 |
| 2003-04-01 | 43.347175207762300 |
| 2003-07-01 | 43.720243628653200 |
| 2003-10-01 | 40.756795169870200 |
| 2004-01-01 | 39.624314546844050 |
| 2004-04-01 | 38.348371724417035 |
| 2004-07-01 | 37.410637279673520 |
| 2004-10-01 | 36.550155518740600 |
| 2005-01-01 | 36.057921225120870 |
| 2005-04-01 | 35.937239714482004 |
| 2005-07-01 | 34.931801277124800 |
| 2005-10-01 | 34.179621419278980 |
| 2006-01-01 | 33.577215077209990 |
| 2006-04-01 | 33.514223589201160 |
| 2006-07-01 | 32.804800159984750 |
| 2006-10-01 | 32.267950929260344 |
| 2007-01-01 | 32.095248731883070 |
| 2007-04-01 | 31.896511023598997 |
| 2007-07-01 | 32.263031941922450 |
| 2007-10-01 | 33.262373388952610 |
| 2008-01-01 | 36.707669836802395 |
| 2008-04-01 | 37.794349845948070 |
| 2008-07-01 | 40.891701416586840 |
| 2008-10-01 | 45.445667914087750 |
| 2009-01-01 | 47.630578587633010 |
| 2009-04-01 | 49.677857352094100 |
| 2009-07-01 | 46.406492752411474 |
| 2009-10-01 | 45.409229329163010 |
| 2010-01-01 | 44.115615707726406 |
| 2010-04-01 | 43.603034702254340 |
| 2010-07-01 | 42.263440317236980 |
| 2010-10-01 | 45.450064938034494 |
| 2011-01-01 | 43.947245283326400 |
| 2011-04-01 | 44.654814636167615 |
| 2011-07-01 | 49.022944156469286 |
| 2011-10-01 | 47.928742963373440 |
| 2012-01-01 | 46.788770802644710 |
| 2012-04-01 | 47.865618136765520 |
| 2012-07-01 | 47.232164158389540 |
| 2012-10-01 | 48.042970424260000 |
| 2013-01-01 | 47.223008077384940 |
| 2013-04-01 | 47.545055198030425 |
| 2013-07-01 | 45.571365141392064 |
| 2013-10-01 | 44.528418570221750 |
| 2014-01-01 | 45.515885041934140 |
| 2014-04-01 | 44.055057244866870 |
| 2014-07-01 | 44.981661813956780 |
| 2014-10-01 | 45.744668152325080 |
| 2015-01-01 | 45.467858768039820 |
| 2015-04-01 | 46.019843552386290 |
| 2015-07-01 | 48.227836145423310 |
| 2015-10-01 | 48.856429136317540 |
| 2016-01-01 | 50.707062819169600 |
| 2016-04-01 | 49.654240346748550 |
| 2016-07-01 | 47.845325591733000 |
| 2016-10-01 | 47.330304558172960 |
| 2017-01-01 | 47.306376755155800 |
| 2017-04-01 | 44.981558017983920 |
| 2017-07-01 | 44.531845212492850 |
| 2017-10-01 | 43.661744695416960 |
| 2018-01-01 | 44.146768405671080 |
| 2018-04-01 | 45.670116089374940 |
| 2018-07-01 | 45.512706458135900 |
| 2018-10-01 | 48.578303145016000 |
| 2019-01-01 | 47.121200822057890 |
| 2019-04-01 | 45.349004043961145 |
| 2019-07-01 | 45.727650479165910 |
| 2019-10-01 | 44.767176898238230 |
| 2020-01-01 | 51.827837523018320 |
| 2020-04-01 | 51.880135810815965 |
| 2020-07-01 | 48.811616974363126 |
| 2020-10-01 | 45.161037890181240 |
| 2021-01-01 | 44.337261758905335 |
| 2021-04-01 | 42.720150338854840 |
| 2021-07-01 | 40.812220370102914 |
| 2021-10-01 | 39.688130926543245 |
| 2022-01-01 | 41.708312908127800 |
| 2022-04-01 | 44.261318212711096 |
| 2022-07-01 | 45.145506453196720 |
| 2022-10-01 | 43.590976893688506 |
| 2023-01-01 | 42.990784773207080 |
| 2023-04-01 | 41.722427214593090 |
| 2023-07-01 | 42.687860824348310 |
| 2023-10-01 | 42.449669794533320 |
| 2024-01-01 | 42.235484684634160 |
| 2024-04-01 | 42.110076372176400 |
| 2024-07-01 | 41.638394938939920 |
| 2024-10-01 | 41.507167521987490 |
| 2025-01-01 | 42.085264895628285 |
| 2025-04-01 | 40.821648000149054 |
| 2025-07-01 | 39.074838380997480 |
| 2025-10-01 | 38.402107311401430 |