Debt Details by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2026
Download as an excel file instead: https://www.stern.nyu.edu/~adamodar/pc/datasets/debtdetails.xls
For global datasets: https://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
can be obtained by clicking here
on
which companies are included in each industry
| Industry Name | Number of firms | Lease Debt (My Estimate) | Conventional Debt | Total Debt with leases | Interest expense | Book interest rate | Short term Debt as % of Total Debt | Lease Debt (Accounting) | Debt Repaid during year | Debt raised during year |
| Advertising | 52 | $3,869.14 | $20,487.29 | $24,356.43 | $1,352.84 | 6.60% | 0.33% | $ 3,491.02 | $8,884.05 | $6,551.98 |
| Aerospace/Defense | 79 | $13,225.70 | $233,962.58 | $247,188.28 | $11,688.52 | 5.00% | 0.87% | $ 11,277.57 | $37,065.83 | $36,062.20 |
| Air Transport | 23 | $32,887.97 | $96,215.93 | $129,103.90 | $5,299.39 | 5.51% | 1.42% | $ 27,777.44 | $26,694.38 | $12,603.38 |
| Apparel | 35 | $9,384.27 | $15,799.09 | $25,183.36 | $726.24 | 4.60% | 5.32% | $ 10,510.81 | $13,819.92 | $8,589.16 |
| Auto & Truck | 33 | $9,810.45 | $317,614.32 | $327,424.77 | $2,945.86 | 0.93% | 3.84% | $ 9,767.10 | $107,264.33 | $113,946.81 |
| Auto Parts | 35 | $2,635.16 | $20,790.75 | $23,425.91 | $1,178.32 | 5.67% | 3.67% | $ 2,710.61 | $4,667.41 | $4,257.48 |
| Bank (Money Center) | 15 | $28,901.38 | $3,315,032.10 | $3,343,933.48 | $0.00 | 0.00% | 56.36% | $ 26,010.50 | $396,960.00 | $780,459.00 |
| Banks (Regional) | 568 | $13,862.95 | $337,271.37 | $351,134.32 | $0.00 | 0.00% | 36.14% | $ 8,288.48 | $277,926.07 | $256,199.89 |
| Beverage (Alcoholic) | 14 | $1,023.32 | $19,803.81 | $20,827.14 | $767.29 | 3.87% | 3.18% | $ 286.00 | $2,497.61 | $848.02 |
| Beverage (Soft) | 27 | $6,292.13 | $127,382.24 | $133,674.37 | $3,884.81 | 3.05% | 8.69% | $ 1,168.83 | $19,939.77 | $25,974.62 |
| Broadcasting | 24 | $4,365.42 | $46,315.48 | $50,680.90 | $3,646.43 | 7.87% | 0.03% | $ 3,117.12 | $13,383.26 | $10,032.22 |
| Brokerage & Investment Banking | 32 | $13,429.43 | $1,372,664.82 | $1,386,094.25 | $8.38 | 0.00% | 49.18% | $ 7,769.65 | $278,790.78 | $303,224.36 |
| Building Materials | 41 | $4,349.76 | $50,122.68 | $54,472.44 | $2,159.01 | 4.31% | 1.82% | $ 4,275.02 | $15,123.98 | $15,768.03 |
| Business & Consumer Services | 155 | $13,169.03 | $103,844.81 | $117,013.83 | $5,985.69 | 5.76% | 9.57% | $ 10,905.01 | $55,266.63 | $67,168.09 |
| Cable TV | 9 | $13,071.74 | $264,500.70 | $277,572.44 | $13,100.80 | 4.95% | 0.22% | $ 5,506.14 | $34,501.00 | $33,960.80 |
| Chemical (Basic) | 29 | $4,883.07 | $48,446.39 | $53,329.45 | $2,523.21 | 5.21% | 0.59% | $ 4,491.59 | $7,043.30 | $9,711.87 |
| Chemical (Diversified) | 4 | $646.24 | $6,614.35 | $7,260.59 | $379.68 | 5.74% | 0.03% | $ 702.50 | $1,095.05 | $1,269.18 |
| Chemical (Specialty) | 59 | $8,315.10 | $123,654.93 | $131,970.03 | $5,119.99 | 4.14% | 6.12% | $ 7,609.57 | $39,363.68 | $43,518.56 |
| Coal & Related Energy | 16 | $146.52 | $1,555.24 | $1,701.76 | $118.62 | 7.63% | 0.62% | $ 83.82 | $152.50 | $1,473.88 |
| Computer Services | 64 | $8,173.60 | $98,236.81 | $106,410.41 | $3,926.79 | 4.00% | 2.38% | $ 7,349.77 | $15,910.10 | $19,689.59 |
| Computers/Peripherals | 36 | $17,093.14 | $183,327.33 | $200,420.47 | $3,568.64 | 1.95% | 5.52% | $ 18,285.02 | $36,588.51 | $41,694.64 |
| Construction Supplies | 40 | $3,519.68 | $96,265.85 | $99,785.53 | $2,570.74 | 2.67% | 2.50% | $ 2,268.55 | $26,430.95 | $36,584.05 |
| Diversified | 20 | $8,525.38 | $193,970.47 | $202,495.85 | $8,980.04 | 4.63% | 5.29% | $ 2,576.61 | $33,609.70 | $42,256.11 |
| Drugs (Biotechnology) | 496 | $13,766.61 | $194,933.52 | $208,700.13 | $10,426.11 | 5.35% | 2.52% | $ 9,492.07 | $29,267.71 | $24,178.82 |
| Drugs (Pharmaceutical) | 228 | $9,343.07 | $308,457.57 | $317,800.64 | $10,939.98 | 3.55% | 2.21% | $ 4,464.79 | $43,365.76 | $60,229.24 |
| Education | 32 | $4,723.53 | $7,139.41 | $11,862.94 | $669.42 | 9.38% | 2.00% | $ 4,480.49 | $2,800.65 | $732.82 |
| Electrical Equipment | 112 | $4,312.23 | $61,712.13 | $66,024.36 | $3,130.05 | 5.07% | 10.12% | $ 4,536.26 | $15,845.86 | $23,315.18 |
| Electronics (Consumer & Office) | 8 | $103.65 | $37.68 | $141.33 | $10.79 | 28.62% | 78.46% | $ 60.00 | $161.83 | $234.60 |
| Electronics (General) | 114 | $4,823.39 | $52,301.68 | $57,125.07 | $2,206.53 | 4.22% | 1.18% | $ 4,063.93 | $12,867.99 | $16,226.60 |
| Engineering/Construction | 48 | $4,455.82 | $32,539.60 | $36,995.41 | $2,027.18 | 6.23% | 0.28% | $ 4,815.68 | $64,526.31 | $66,191.49 |
| Entertainment | 92 | $21,718.60 | $137,633.78 | $159,352.38 | $7,480.37 | 5.43% | 2.53% | $ 17,637.95 | $48,328.54 | $40,024.12 |
| Environmental & Waste Services | 53 | $2,793.85 | $49,322.77 | $52,116.61 | $2,220.50 | 4.50% | 0.16% | $ 1,792.45 | $63,606.14 | $69,923.07 |
| Farming/Agriculture | 35 | $3,499.44 | $102,419.53 | $105,918.97 | $2,043.87 | 2.00% | 13.75% | $ 3,933.00 | $25,764.45 | $25,463.51 |
| Financial Svcs. (Non-bank & Insurance) | 176 | $15,221.90 | $8,294,026.10 | $8,309,248.00 | $13,165.97 | 0.16% | 1.51% | $ 10,538.01 | $2,266,325.74 | $2,119,917.74 |
| Food Processing | 78 | $7,120.08 | $125,146.87 | $132,266.95 | $5,519.57 | 4.41% | 5.03% | $ 4,818.74 | $24,614.60 | $22,526.26 |
| Food Wholesalers | 13 | $4,727.90 | $29,519.53 | $34,247.43 | $1,616.07 | 5.47% | 2.33% | $ 4,009.43 | $17,401.36 | $18,998.43 |
| Furn/Home Furnishings | 27 | $3,550.92 | $18,670.63 | $22,221.54 | $914.98 | 4.90% | 7.38% | $ 4,728.12 | $17,043.67 | $18,793.43 |
| Green & Renewable Energy | 15 | $689.81 | $26,691.85 | $27,381.65 | $2,399.46 | 8.99% | 0.61% | $ 837.87 | $6,542.90 | $7,220.79 |
| Healthcare Products | 204 | $8,517.11 | $150,860.53 | $159,377.65 | $6,441.12 | 4.27% | 0.54% | $ 6,082.55 | $51,155.45 | $42,258.63 |
| Healthcare Support Services | 104 | $35,480.71 | $314,609.99 | $350,090.70 | $15,422.89 | 4.90% | 3.00% | $ 27,183.01 | $183,483.09 | $202,433.66 |
| Heathcare Information and Technology | 115 | $7,454.26 | $106,232.25 | $113,686.51 | $4,458.59 | 4.20% | 0.87% | $ 5,416.72 | $21,633.74 | $18,430.50 |
| Homebuilding | 30 | $1,186.97 | $37,364.60 | $38,551.57 | $251.53 | 0.67% | 4.36% | $ 1,138.30 | $23,681.60 | $26,191.73 |
| Hospitals/Healthcare Facilities | 31 | $16,722.19 | $92,229.84 | $108,952.03 | $5,273.61 | 5.72% | 2.41% | $ 12,871.17 | $21,034.77 | $22,463.72 |
| Hotel/Gaming | 63 | $58,674.96 | $246,229.52 | $304,904.48 | $14,897.50 | 6.05% | 0.02% | $ 41,839.09 | $68,244.71 | $76,164.38 |
| Household Products | 110 | $6,911.07 | $96,599.39 | $103,510.46 | $3,809.48 | 3.94% | 8.83% | $ 5,117.01 | $24,184.14 | $22,639.45 |
| Information Services | 15 | $1,959.92 | $20,946.52 | $22,906.44 | $1,300.39 | 6.21% | 0.00% | $ 1,990.80 | $7,575.00 | $6,454.10 |
| Insurance (General) | 21 | $2,990.79 | $48,560.96 | $51,551.76 | $2,405.19 | 4.95% | 0.69% | $ 3,292.69 | $6,395.87 | $24,774.86 |
| Insurance (Life) | 20 | $2,176.79 | $153,673.50 | $155,850.29 | $4,295.90 | 2.80% | 34.64% | $ 197.70 | $7,661.77 | $12,074.10 |
| Insurance (Prop/Cas.) | 57 | $4,892.75 | $83,330.04 | $88,222.79 | $3,954.06 | 4.75% | 2.26% | $ 1,467.54 | $45,915.93 | $47,858.50 |
| Investments & Asset Management | 283 | $11,458.60 | $290,386.98 | $301,845.58 | $4,486.17 | 1.54% | 31.06% | $ 8,873.05 | $79,759.66 | $99,512.05 |
| Machinery | 105 | $5,058.55 | $83,846.52 | $88,905.06 | $4,022.18 | 4.80% | 8.79% | $ 3,075.17 | $25,939.72 | $25,974.82 |
| Metals & Mining | 73 | $2,044.70 | $23,493.30 | $25,538.00 | $1,141.79 | 4.86% | 0.12% | $ 861.13 | $7,914.95 | $7,583.46 |
| Office Equipment & Services | 14 | $1,013.67 | $5,683.14 | $6,696.81 | $305.55 | 5.38% | 0.96% | $ 980.96 | $4,105.47 | $4,058.40 |
| Oil/Gas (Integrated) | 4 | $12,359.74 | $106,042.00 | $118,401.74 | $2,983.03 | 2.81% | 3.88% | $ 416.44 | $14,940.00 | $14,082.00 |
| Oil/Gas (Production and Exploration) | 142 | $9,257.39 | $173,348.05 | $182,605.44 | $9,347.51 | 5.39% | 0.01% | $ 7,188.03 | $86,469.47 | $95,258.90 |
| Oil/Gas Distribution | 23 | $4,502.13 | $168,945.02 | $173,447.15 | $8,667.97 | 5.13% | 0.66% | $ 3,659.49 | $141,587.62 | $151,299.17 |
| Oilfield Svcs/Equip. | 97 | $12,562.74 | $127,092.53 | $139,655.27 | $7,432.10 | 5.85% | 0.72% | $ 7,556.92 | $70,643.80 | $77,409.83 |
| Packaging & Container | 19 | $2,931.62 | $60,457.50 | $63,389.12 | $2,865.20 | 4.74% | 3.41% | $ 2,369.30 | $22,415.33 | $24,348.39 |
| Paper/Forest Products | 6 | $192.27 | $3,452.10 | $3,644.37 | $216.70 | 6.28% | 0.00% | $ 164.80 | $1,569.70 | $1,694.90 |
| Power | 46 | $13,197.91 | $782,623.05 | $795,820.96 | $34,411.86 | 4.40% | 3.95% | $ 10,667.26 | $85,924.08 | $146,376.39 |
| Precious Metals | 56 | $162.80 | $15,279.78 | $15,442.57 | $672.93 | 4.40% | 0.23% | $ 13.69 | $5,562.26 | $2,146.27 |
| Publishing & Newspapers | 19 | $1,817.03 | $6,641.36 | $8,458.39 | $393.49 | 5.92% | 0.33% | $ 1,581.45 | $5,384.96 | $4,931.63 |
| R.E.I.T. | 190 | $49,137.78 | $999,988.50 | $1,049,126.28 | $24,510.64 | 2.45% | 6.70% | $ 34,317.60 | $14,504,496.75 | $14,572,888.37 |
| Real Estate (Development) | 14 | $99.55 | $6,600.31 | $6,699.87 | $194.73 | 2.95% | 0.15% | $ 37.01 | $1,709.44 | $1,844.42 |
| Real Estate (General/Diversified) | 12 | $171.14 | $2,364.50 | $2,535.64 | $39.11 | 1.65% | 0.00% | $ 28.89 | $643.36 | $648.60 |
| Real Estate (Operations & Services) | 54 | $5,605.17 | $28,411.57 | $34,016.74 | $1,413.84 | 4.98% | 23.23% | $ 5,559.40 | $34,168.94 | $33,170.33 |
| Recreation | 49 | $11,225.68 | $32,628.99 | $43,854.67 | $2,364.96 | 7.25% | 1.14% | $ 8,878.27 | $12,805.02 | $12,573.21 |
| Reinsurance | 1 | $77.61 | $5,734.00 | $5,811.61 | $354.00 | 6.17% | 0.00% | $ - | $28.00 | $691.00 |
| Restaurant/Dining | 64 | $51,551.62 | $119,120.94 | $170,672.56 | $4,964.98 | 4.17% | 2.13% | $ 49,566.66 | $19,272.07 | $24,239.35 |
| Retail (Automotive) | 34 | $19,122.99 | $95,379.66 | $114,502.65 | $4,047.22 | 4.24% | 23.52% | $ 17,334.16 | $78,343.32 | $81,804.14 |
| Retail (Building Supply) | 14 | $19,201.48 | $103,058.50 | $122,259.98 | $4,372.95 | 4.24% | 4.19% | $ 20,059.08 | $8,711.47 | $13,052.70 |
| Retail (Distributors) | 62 | $12,010.76 | $88,623.07 | $100,633.83 | $4,800.21 | 5.42% | 4.81% | $ 11,311.74 | $49,674.15 | $56,973.07 |
| Retail (General) | 23 | $129,594.83 | $185,670.42 | $315,265.25 | $7,320.92 | 3.94% | 7.41% | $ 136,986.12 | $40,059.00 | $38,545.30 |
| Retail (Grocery and Food) | 15 | $19,037.87 | $29,808.96 | $48,846.83 | $1,612.53 | 5.41% | 0.01% | $ 18,038.06 | $6,636.73 | $1,749.91 |
| Retail (REITs) | 26 | $2,958.86 | $114,193.80 | $117,152.66 | $4,755.60 | 4.16% | 0.44% | $ 1,850.53 | $60,612.43 | $64,463.30 |
| Retail (Special Lines) | 94 | $52,491.39 | $33,296.62 | $85,788.01 | $1,734.54 | 5.21% | 7.02% | $ 54,566.56 | $13,004.92 | $16,723.04 |
| Rubber& Tires | 3 | $1,003.92 | $8,058.69 | $9,062.61 | $472.48 | 5.86% | 7.59% | $ 1,117.00 | $19,643.32 | $18,640.13 |
| Semiconductor | 66 | $8,694.73 | $194,912.77 | $203,607.49 | $7,785.33 | 3.99% | 0.56% | $ 7,811.33 | $66,016.25 | $56,418.05 |
| Semiconductor Equip | 31 | $1,853.43 | $31,708.78 | $33,562.21 | $1,322.71 | 4.17% | 1.41% | $ 1,829.95 | $4,836.10 | $5,648.96 |
| Shipbuilding & Marine | 8 | $549.64 | $1,956.56 | $2,506.20 | $90.51 | 4.63% | 0.41% | $ 569.97 | $213.01 | $331.15 |
| Shoe | 11 | $3,727.31 | $10,455.00 | $14,182.31 | $409.41 | 3.92% | 1.38% | $ 4,431.73 | $2,531.40 | $1,643.40 |
| Software (Entertainment) | 77 | $36,694.27 | $77,037.58 | $113,731.85 | $2,428.42 | 3.15% | 4.52% | $ 39,291.97 | $38,598.86 | $50,962.71 |
| Software (Internet) | 29 | $5,634.03 | $33,530.07 | $39,164.10 | $1,415.83 | 4.22% | 0.00% | $ 7,243.14 | $9,099.76 | $19,303.83 |
| Software (System & Application) | 309 | $48,342.57 | $342,138.49 | $390,481.06 | $11,071.41 | 3.24% | 0.10% | $ 54,870.30 | $36,175.09 | $85,104.67 |
| Steel | 19 | $1,536.83 | $23,659.43 | $25,196.26 | $1,050.42 | 4.44% | 1.15% | $ 1,037.07 | $9,415.26 | $14,278.30 |
| Telecom (Wireless) | 12 | $30,412.43 | $92,955.28 | $123,367.71 | $4,210.43 | 4.53% | 0.40% | $ 31,455.74 | $10,710.02 | $9,667.98 |
| Telecom. Equipment | 57 | $3,375.61 | $58,776.81 | $62,152.42 | $3,251.83 | 5.53% | 8.31% | $ 3,613.05 | $31,680.48 | $26,975.44 |
| Telecom. Services | 39 | $47,028.35 | $339,782.67 | $386,811.02 | $16,410.37 | 4.83% | 0.00% | $ 44,290.32 | $38,519.99 | $41,878.72 |
| Tobacco | 10 | $701.56 | $79,727.79 | $80,429.35 | $3,144.58 | 3.94% | 4.72% | $ 68.24 | $10,429.24 | $11,305.11 |
| Transportation | 19 | $32,523.42 | $107,638.19 | $140,161.61 | $5,237.77 | 4.87% | 0.01% | $ 32,752.04 | $42,657.46 | $46,135.42 |
| Transportation (Railroads) | 4 | $2,562.94 | $72,482.40 | $75,045.34 | $3,138.90 | 4.33% | 0.11% | $ 1,590.80 | $2,762.40 | $4,783.80 |
| Trucking | 26 | $3,732.51 | $26,492.98 | $30,225.49 | $1,429.75 | 5.40% | 2.55% | $ 3,260.79 | $11,849.36 | $13,249.66 |
| Utility (General) | 14 | $3,468.12 | $282,516.80 | $285,984.92 | $11,063.70 | 3.92% | 4.48% | $ 1,010.40 | $24,109.40 | $48,792.10 |
| Utility (Water) | 14 | $169.58 | $28,655.69 | $28,825.27 | $1,149.58 | 4.01% | 6.12% | $ 118.91 | $2,993.73 | $5,868.30 |
| Total Market | 5994 | $1,150,256.03 | $23,389,726.23 | $24,539,982.26 | $421,728.52 | 1.80% | 14.50% | $ 1,005,338.58 | $20,297,032.11 | $20,922,594.26 |
| Total Market (without financials) | 4822 | $1,057,321.44 | $9,494,780.35 | $10,552,101.79 | $393,412.85 | 4.14% | 3.56% | $ 938,900.97 | $16,937,296.29 | $17,278,573.76 |
Updated in January 2026
By Aswath Damodaran