Financial Accounts of the United States - Z.1
R.103 Change in Net Worth of Nonfinancial Corporate Business
Billions of dollars; not seasonally adjusted| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 5669.2 | -1859.0 | 1413.5 | 1534.6 | 495.3 | 353.2 | 727.6 | -41.5 | 294.2 | 1 |
| Nonfinancial corporate business; net worth | FU102090005 | 988.3 | 493.2 | 450.9 | 471.8 | -77.5 | 102.0 | 143.9 | 303.4 | 188.4 | 2 |
| Nonfinancial corporate business; nonfinancial assets | FU102010005 | 665.5 | 896.0 | 617.6 | 680.0 | 201.8 | 142.5 | 195.5 | 140.3 | 253.0 | 3 |
| Nonfinancial corporate business; real estate at market value | FU105035005 | 108.3 | 163.0 | 235.1 | 231.3 | 62.0 | 47.6 | 53.5 | 68.1 | 51.1 | 4 |
| Nonfinancial corporate business; equipment, current cost basis | FU105015205 | 94.8 | 122.1 | 147.7 | 157.8 | 36.5 | 40.1 | 45.0 | 36.2 | 49.5 | 5 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis | FU105013765 | 182.1 | 229.7 | 228.8 | 236.0 | 59.2 | 58.5 | 60.1 | 58.2 | 58.5 | 6 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis | FU105020015 | 273.5 | 274.7 | 7.0 | 56.1 | 44.4 | -3.7 | 37.3 | -21.9 | 94.3 | 7 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | 6.8 | 106.5 | -1.0 | -1.2 | -0.3 | -0.1 | -0.3 | -0.4 | -0.3 | 8 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 1341.6 | 2683.6 | 1458.0 | 371.9 | -317.1 | 67.7 | 160.3 | 460.9 | 196.8 | 9 |
| Nonfinancial corporate business; total liabilities | FU104190005 | 1018.9 | 3086.3 | 1624.8 | 580.1 | -37.8 | 108.2 | 212.0 | 297.7 | 261.4 | 10 |
| Nonfinancial corporate business; net worth | FR102090005 | 4826.2 | -2690.0 | 1059.5 | 1055.9 | 572.4 | 245.4 | 583.4 | -345.3 | 105.4 | 11 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 2856.0 | 288.2 | -789.5 | -168.9 | -346.6 | 134.4 | -152.5 | 195.9 | -120.9 | 12 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 2243.3 | -173.4 | -966.0 | -452.2 | -411.5 | 72.4 | -206.5 | 93.3 | -147.8 | 13 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 340.7 | 340.9 | 135.4 | 147.8 | 62.1 | 28.1 | 41.1 | 16.5 | 12.0 | 14 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 59.8 | 86.4 | 76.2 | 121.3 | 23.9 | 26.9 | 31.9 | 38.6 | 23.6 | 15 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | 212.1 | 34.4 | -35.1 | 14.2 | -21.2 | 7.0 | -19.1 | 47.5 | -8.7 | 16 |
| Nonfinancial corporate business; total financial assets | FR104090005 | 1669.0 | -2432.6 | 1459.4 | 917.5 | 788.1 | 77.3 | 588.8 | -536.7 | 296.9 | 17 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | -5.5 | -22.0 | 5.1 | -2.7 | -2.1 | -0.5 | 6.2 | -6.3 | 3.4 | 18 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | FR103092305 | -22.2 | 34.1 | -11.6 | 1.9 | 11.6 | -2.6 | -7.1 | 0.0 | -0.0 | 19 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | 703.1 | -611.1 | 603.4 | 659.5 | 296.0 | 122.4 | 174.3 | 66.8 | -146.6 | 20 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FR103092105 | 948.9 | -1761.6 | 816.1 | 221.2 | 462.3 | -46.3 | 396.5 | -591.3 | 447.4 | 21 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | 44.0 | -76.1 | 47.4 | 37.4 | 20.1 | 4.1 | 19.5 | -6.4 | -7.1 | 22 |
| Nonfinancial corporate business; total miscellaneous assets | FR103090005 | 0.8 | 4.1 | -0.9 | 0.2 | 0.1 | 0.2 | -0.7 | 0.5 | -0.2 | 23 |
| Nonfinancial corporate business; total liabilities | FR104190005 | -301.2 | 545.5 | -389.6 | -307.2 | -130.9 | -33.7 | -147.1 | 4.5 | 70.5 | 24 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FR103192305 | -6.8 | -17.9 | -3.6 | 9.5 | 7.1 | 5.2 | -2.6 | -0.1 | 0.0 | 25 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | -294.5 | 563.5 | -386.1 | -316.7 | -138.0 | -38.9 | -144.5 | 4.6 | 70.5 | 26 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FR103193005 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 27 |
| Nonfinancial corporate business; net worth (4) | FV102090005 | -145.2 | 337.8 | -96.9 | 6.9 | 0.3 | 5.8 | 0.3 | 0.4 | 0.4 | 28 |
| Nonfinancial corporate business; net worth (5) | LM102090005 | 32268.7 | 30409.7 | 31823.2 | 33357.8 | 32318.4 | 32671.6 | 33399.2 | 33357.8 | 33652.0 | 29 |
NOTES
- Sum of net investment (line 2), net holding gains (line 11), and other volume changes (line 28).
- Valued at current cost.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 46.
Last Update: June 12, 2025