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 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | -1843.5 | 1272.3 | 1511.3 | 535.6 | 444.0 | 623.2 | -91.5 | -48.0 | 1101.2 | 1 |
| Nonfinancial corporate business; net worth | FU102090005 | 493.2 | 359.6 | 383.5 | -109.2 | 92.7 | 111.9 | 288.1 | 202.3 | -15.7 | 2 |
| Nonfinancial corporate business; nonfinancial assets | FU102010005 | 896.0 | 617.6 | 681.2 | 201.8 | 142.8 | 195.5 | 141.1 | 252.3 | 117.8 | 3 |
| Nonfinancial corporate business; real estate at market value | FU105035005 | 163.0 | 235.1 | 232.4 | 62.0 | 48.0 | 53.5 | 69.0 | 49.1 | 33.0 | 4 |
| Nonfinancial corporate business; equipment, current cost basis | FU105015205 | 122.1 | 147.7 | 157.8 | 36.5 | 40.1 | 45.0 | 36.2 | 48.9 | 53.3 | 5 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis | FU105013765 | 229.7 | 228.8 | 236.0 | 59.2 | 58.5 | 60.1 | 58.2 | 58.9 | 62.4 | 6 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis | FU105020015 | 274.7 | 7.0 | 56.1 | 44.4 | -3.7 | 37.3 | -21.9 | 95.4 | -30.5 | 7 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | 106.5 | -1.0 | -1.2 | -0.3 | -0.1 | -0.3 | -0.4 | 0.0 | -0.4 | 8 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 2683.6 | 1458.0 | 325.5 | -317.1 | 51.3 | 152.7 | 438.6 | 230.6 | 265.9 | 9 |
| Nonfinancial corporate business; total liabilities | FU104190005 | 3086.4 | 1716.0 | 623.2 | -6.1 | 101.4 | 236.4 | 291.6 | 280.6 | 399.4 | 10 |
| Nonfinancial corporate business; net worth | FR102090005 | -2674.4 | 1009.6 | 1130.1 | 644.5 | 345.4 | 516.2 | -376.0 | -247.9 | 1116.6 | 11 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 301.2 | -842.0 | -48.3 | -251.0 | 237.3 | -212.0 | 177.3 | -340.8 | -297.8 | 12 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | -160.4 | -1018.5 | -331.6 | -315.8 | 175.4 | -265.9 | 74.8 | -359.5 | -380.8 | 13 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 340.9 | 135.4 | 147.8 | 62.1 | 28.1 | 41.1 | 16.5 | 12.9 | 48.8 | 14 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 86.4 | 76.2 | 121.3 | 23.9 | 26.9 | 31.9 | 38.6 | 20.1 | 11.4 | 15 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | 34.4 | -35.1 | 14.2 | -21.2 | 7.0 | -19.1 | 47.5 | -14.2 | 22.9 | 16 |
| Nonfinancial corporate business; total financial assets | FR104090005 | -2431.5 | 1472.6 | 926.0 | 785.8 | 85.7 | 591.8 | -537.2 | 133.2 | 1266.5 | 17 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | -22.0 | 5.1 | -2.7 | -2.1 | -0.5 | 6.3 | -6.4 | 3.4 | 0.2 | 18 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | FR103092305 | 1.4 | -7.7 | 0.7 | 0.7 | -0.0 | 0.0 | 0.0 | -0.0 | -0.0 | 19 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | -611.1 | 603.4 | 661.7 | 296.1 | 122.8 | 175.4 | 67.4 | -148.6 | 317.7 | 20 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FR103092105 | -1727.9 | 825.4 | 228.8 | 470.8 | -41.0 | 391.2 | -592.3 | 285.6 | 916.9 | 21 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | -76.1 | 47.4 | 37.4 | 20.1 | 4.1 | 19.5 | -6.4 | -7.1 | 31.8 | 22 |
| Nonfinancial corporate business; total miscellaneous assets | FR103090005 | 4.1 | -0.9 | 0.2 | 0.1 | 0.2 | -0.7 | 0.5 | -0.2 | -0.1 | 23 |
| Nonfinancial corporate business; total liabilities | FR104190005 | 544.2 | -378.9 | -252.3 | -109.7 | -22.5 | -136.3 | 16.2 | 40.2 | -147.8 | 24 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FR103192305 | -19.2 | -6.3 | 15.0 | 8.9 | 9.4 | -4.9 | 1.7 | -10.3 | -0.0 | 25 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | 563.4 | -372.6 | -267.3 | -118.6 | -31.9 | -131.4 | 14.5 | 50.6 | -147.8 | 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 | 337.8 | -96.9 | -2.2 | 0.3 | 5.8 | -4.8 | -3.6 | -2.3 | 0.4 | 28 |
| Nonfinancial corporate business; net worth (5) | LM102090005 | 30291.0 | 31563.2 | 33074.6 | 32098.8 | 32542.8 | 33166.0 | 33074.6 | 33026.6 | 34127.9 | 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: September 11, 2025