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Nonfinancial Corporate Business; Debt as a Percentage of the Market Value of Corporate Equities, Level (NCBCMDPMVCE)

Observations

Q2 2026: 16.58065
Updated: Sep 11, 2026 11:56 AM CDT
Q2 2026:  16.58065  
Q1 2026:  19.14335  
Q4 2025:  18.27296  
Q3 2025:  18.48853  
Q2 2025:  19.61878  

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Quarterly,
End of Period

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Notes

Title Release Dates
Nonfinancial Corporate Business; Credit Market Debt as a Percentage of the Market Value of Corporate Equities 2013-06-06 2019-03-06
Nonfinancial corporate business; debt as a percentage of the market value of corporate equities, Level 2019-03-07 2020-03-11
Nonfinancial Corporate Business; Debt as a Percentage of the Market Value of Corporate Equities, Level 2020-03-12 2026-09-11
 
Source    
Board of Governors of the Federal Reserve System (US) 2013-06-06 2026-09-11
 
Release    
Z.1 Financial Accounts of the United States 2013-06-06 2026-09-11
 
Units    
Percent 2013-06-06 2026-09-11
 
Frequency    
Quarterly, End of Period 2013-06-06 2026-09-11
 
Seasonal Adjustment    
Not Seasonally Adjusted 2013-06-06 2026-09-11
 
Notes    
This series appears in Table B.103. For further information see the assistance provided in the guide to the Financial Accounts at http://www.federalreserve.gov/apps/fof/.

The source series id is FL104104016.Q.

2013-06-06 2019-03-06
Source ID: FL104104016.Q

For more information about the Flow of Funds tables, see: https://www.federalreserve.gov/apps/fof/Default.aspx

For a detailed description, including how this series is constructed, see: https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL104104016&t=

2019-03-07 2019-12-11
Source ID: FL104104016.Q

For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).

With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).

In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL104104016&t=) provided by the source.

2019-12-12 2025-09-10
Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).##With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).##In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL104104016&t=) provided by the source.



 2025-09-11 2026-09-10
Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).
With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).
In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL104104016&t=) provided by the source. To easily map the Board series IDs to FRED series IDs, see the DDP-FRED crosswalk (https://www.federalreserve.gov/data/data-download-fred-information.htm).



2026-09-11 2026-09-11

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Z.1 Financial Accounts of the United States

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Annual, Not Seasonally Adjusted

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B.103 Balance Sheet of Nonfinancial Corporate Business Flow of Funds National Accounts

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Credit Market Market Value Equity Nonfinancial Debt Corporate Business Percent Z.1 US Financial Accounts Board of Governors Quarterly Nation Public Domain: Citation Requested United States of America Not Seasonally Adjusted