Financial Accounts of the United States - Z.1

S11.1.r Nonfinancial corporate business 🕮 PDF
Line Description Series 2023 2024 2025 2025:Q1 2025:Q2 2025:Q3 2025:Q4 2026:Q1 2026:Q2
Line 1 Change in net worth(1) FC102090005 1439.7 1862.2 3764.0 -426.7 1243.4 1943.4 1003.9 645.5 1361.8
Line 2 Net investment FU102090005 391.9 434.9 608.5 92.5 24.1 81.4 410.5 453.8 365.9
Line 3 Nonfinancial investment FU102010005 630.4 648.3 713.1 235.0 130.0 231.5 116.6 229.2 184.1
Line 4 Real estate FU105035005 262.0 246.8 237.6 40.6 59.7 96.2 41.1 41.9 39.4
Line 5 Equipment FU105015205 132.8 147.3 206.1 46.7 52.1 53.5 53.8 64.2 73.0
Line 6 Intellectual property products FU105013765 227.5 203.5 209.7 47.5 52.5 53.9 55.9 60.6 63.1
Line 7 Inventories FU105020015 10.9 53.9 63.7 101.1 -33.4 29.0 -32.9 67.0 9.3
Line 8 Nonproduced nonfinancial assets FU105420005 -2.7 -3.2 -4.1 -0.9 -1.0 -1.0 -1.2 -4.4 -0.8
Line 9 Net acquisition of financial assets FU104090005 1458.1 -17.6 1085.5 153.9 134.1 42.5 755.0 850.6 950.6
Line 10 Less: Net increase in liabilities FU104190005 1696.7 195.8 1190.0 296.3 240.0 192.7 461.1 626.0 768.7
Line 11 Net holding gains FR102090005 1155.7 1443.7 3151.3 -520.2 1218.3 1861.0 592.2 187.4 993.7
Line 12 Nonfinancial assets FR102010005 -671.8 -92.8 625.2 -299.2 -117.0 973.8 67.7 641.6 120.2
Line 13 Real estate FR105035005 -838.4 -302.7 212.9 -310.8 -210.3 816.7 -82.7 492.3 -53.5
Line 14 Equipment(2) FR105015205 134.6 94.2 226.1 10.4 56.5 98.9 60.2 74.2 96.5
Line 15 Intellectual property products(2) FR105013765 64.6 91.3 131.5 17.4 11.9 47.3 54.9 30.2 38.8
Line 16 Inventories(2), (3) FR105020015 -32.5 24.4 54.7 -16.2 24.8 10.8 35.3 44.9 38.5
Line 17 Financial assets FR104090005 1464.7 943.7 2527.8 89.8 1186.9 765.2 485.9 -383.7 643.6
Line 18 Debt securities FR104022005 5.1 -3.9 9.8 6.2 0.5 2.8 0.3 -2.1 -0.6
Line 19 Corporate equities FR103064103 603.4 670.9 526.0 -145.0 325.2 261.9 84.0 -167.4 506.2
Line 20 U.S. direct investment abroad: equity FR103092105 819.6 240.4 1980.1 284.1 831.4 479.2 385.4 -204.8 839.5
Line 21 Mutual fund shares FR103064203 47.2 37.4 51.2 -7.1 30.6 21.6 6.2 -9.7 43.9
Line 22 U.S. direct investment abroad: intercompany debt FR103092305 -9.6 -1.2 -38.9 -48.2 -0.7 -0.0 9.9 0.0 -0.0
Line 23 Miscellaneous assets FR103090005 -0.9 0.2 -0.5 -0.2 -0.1 -0.2 0.0 0.2 -745.4
Line 24 Less: liabilities FR104190005 -362.7 -592.8 1.7 310.7 -148.4 -122.0 -38.6 70.6 -229.8
Line 25 Foreign direct investment: intercompany debt FR103192305 -6.7 4.2 -2.0 3.1 -7.3 2.1 0.0 7.0 0.0
Line 26 Claims of pension fund on sponsor FR573073005 -356.0 -597.0 3.7 307.6 -141.1 -124.2 -38.7 63.6 -236.6
Line 27 Miscellaneous liabilities FR103193005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.8
Line 28 Other volume changes(4) FV102090005 -107.8 -16.5 4.1 0.9 1.0 1.0 1.2 4.4 2.1
 
Memo:
Line 29 Net worth outstanding (assets minus liabilities)(5) LM102090005 31464.1 33326.4 37090.3 32899.6 34143.0 36086.4 37090.3 37735.9 39097.6

Notes:

  1. Sum of net investment, net holding gains, and other volume changes.
  2. Valued at current cost.
  3. Before inventory valuation adjustment.
  4. Consists of statistical discontinuities and disaster-related losses to fixed assets.
  5. Nonfinancial corporate business table (S11.1.b), net worth outstanding (assets minus liabilities).
Last Update: September 11, 2026