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 2026-01-01 |
| Last Updated | 2026-06-11 9:24 PM 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 | 46.681244342142950 |
| 1996-07-01 | 46.553716728961860 |
| 1996-10-01 | 43.989551521532040 |
| 1997-01-01 | 43.434487485330190 |
| 1997-04-01 | 43.018307799221040 |
| 1997-07-01 | 42.523606760830810 |
| 1997-10-01 | 40.907238025997020 |
| 1998-01-01 | 41.209452182873214 |
| 1998-04-01 | 41.906978373813520 |
| 1998-07-01 | 43.625477834225286 |
| 1998-10-01 | 41.367093365908540 |
| 1999-01-01 | 42.958394682208290 |
| 1999-04-01 | 42.468716174222860 |
| 1999-07-01 | 43.227657972311660 |
| 1999-10-01 | 40.277302641520485 |
| 2000-01-01 | 41.600212042794446 |
| 2000-04-01 | 41.500477559466680 |
| 2000-07-01 | 40.361455505825800 |
| 2000-10-01 | 39.909468812457874 |
| 2001-01-01 | 41.190716947136686 |
| 2001-04-01 | 41.388854564825260 |
| 2001-07-01 | 42.255618994321296 |
| 2001-10-01 | 44.316036038308080 |
| 2002-01-01 | 43.982262788498740 |
| 2002-04-01 | 44.573493366806550 |
| 2002-07-01 | 44.850265392108610 |
| 2002-10-01 | 45.219573691523870 |
| 2003-01-01 | 44.102112424225170 |
| 2003-04-01 | 43.338976741618794 |
| 2003-07-01 | 43.708350627328590 |
| 2003-10-01 | 40.758789762996160 |
| 2004-01-01 | 39.623029426237146 |
| 2004-04-01 | 38.345257539296070 |
| 2004-07-01 | 37.394950206928605 |
| 2004-10-01 | 36.547241612893120 |
| 2005-01-01 | 36.059229979757540 |
| 2005-04-01 | 35.937797378418260 |
| 2005-07-01 | 34.926182932869985 |
| 2005-10-01 | 34.170006702757300 |
| 2006-01-01 | 33.557847787991250 |
| 2006-04-01 | 33.494568868976245 |
| 2006-07-01 | 32.797322955244200 |
| 2006-10-01 | 32.259975674185740 |
| 2007-01-01 | 32.093232434814170 |
| 2007-04-01 | 31.892413165288600 |
| 2007-07-01 | 32.252511791373514 |
| 2007-10-01 | 33.270089754645440 |
| 2008-01-01 | 36.705827568550674 |
| 2008-04-01 | 37.804883182824450 |
| 2008-07-01 | 40.888203390339330 |
| 2008-10-01 | 45.444695935257470 |
| 2009-01-01 | 47.618102445431620 |
| 2009-04-01 | 49.676946163295100 |
| 2009-07-01 | 46.421737774189765 |
| 2009-10-01 | 45.392934692985150 |
| 2010-01-01 | 44.078616487792470 |
| 2010-04-01 | 43.572937878205614 |
| 2010-07-01 | 42.253230258194660 |
| 2010-10-01 | 45.384188108699640 |
| 2011-01-01 | 43.990458882243615 |
| 2011-04-01 | 44.708087086582520 |
| 2011-07-01 | 48.977663541708140 |
| 2011-10-01 | 47.872178709409006 |
| 2012-01-01 | 46.746270753901190 |
| 2012-04-01 | 47.859312686229640 |
| 2012-07-01 | 47.185086109350216 |
| 2012-10-01 | 48.031777239925930 |
| 2013-01-01 | 47.225129200932240 |
| 2013-04-01 | 47.505538837528700 |
| 2013-07-01 | 45.580981629730820 |
| 2013-10-01 | 44.509045241517360 |
| 2014-01-01 | 45.513295376745500 |
| 2014-04-01 | 44.058136532101450 |
| 2014-07-01 | 44.980798078507010 |
| 2014-10-01 | 45.746792357037180 |
| 2015-01-01 | 45.478329146910500 |
| 2015-04-01 | 45.966215159976045 |
| 2015-07-01 | 48.186729982658820 |
| 2015-10-01 | 48.854198048435890 |
| 2016-01-01 | 50.741170883042510 |
| 2016-04-01 | 49.661709330181470 |
| 2016-07-01 | 47.824086958739270 |
| 2016-10-01 | 47.317098862872320 |
| 2017-01-01 | 47.292648380755350 |
| 2017-04-01 | 44.996247697684160 |
| 2017-07-01 | 44.518440587721216 |
| 2017-10-01 | 43.670567624132296 |
| 2018-01-01 | 44.146402772956630 |
| 2018-04-01 | 45.685592818490320 |
| 2018-07-01 | 45.536275201448510 |
| 2018-10-01 | 48.568652967499740 |
| 2019-01-01 | 47.147688753191580 |
| 2019-04-01 | 45.371973217546746 |
| 2019-07-01 | 45.737581971544070 |
| 2019-10-01 | 44.790773120135000 |
| 2020-01-01 | 51.839332848149370 |
| 2020-04-01 | 51.949435449409210 |
| 2020-07-01 | 48.862444683562410 |
| 2020-10-01 | 45.204892826279780 |
| 2021-01-01 | 44.416098240807150 |
| 2021-04-01 | 42.789211094183200 |
| 2021-07-01 | 40.898154472882120 |
| 2021-10-01 | 39.793540096106890 |
| 2022-01-01 | 41.758328984657325 |
| 2022-04-01 | 44.342190923765030 |
| 2022-07-01 | 45.220609447584415 |
| 2022-10-01 | 43.705651939462150 |
| 2023-01-01 | 43.025439696525110 |
| 2023-04-01 | 41.763542564942200 |
| 2023-07-01 | 42.713596917079040 |
| 2023-10-01 | 42.417785547943446 |
| 2024-01-01 | 42.186650828670250 |
| 2024-04-01 | 42.110384288259140 |
| 2024-07-01 | 41.673031401175535 |
| 2024-10-01 | 41.384480508162020 |
| 2025-01-01 | 41.865158159093280 |
| 2025-04-01 | 40.574860545111970 |
| 2025-07-01 | 38.813916041666680 |
| 2025-10-01 | 38.094705179691080 |
| 2026-01-01 | 37.922655348437920 |