There is no single official "Business Net Worth" figure for August 2026. The newest nationwide U.S.
balance-sheet reading available that month covers 2026:Q1; the Federal Reserve release calendar scheduled Q2 data for September 11. Here, business net worth means sector assets minus liabilities. The latest figures put nonfinancial corporate net worth at $38.219 trillion and noncorporate business net worth at $16.566 trillion.
Table of Contents
- What does the latest corporate balance sheet show?
- How do privately held and noncorporate businesses compare?
- Why equity values and profits tell different stories
- What can August filings reveal?
What does the latest corporate balance sheet show?
U.S. nonfinancial corporate businesses held $70.126 trillion in assets and $31.907 trillion in liabilities during Q1. That produced $38.219 trillion in market-value net worth, according to the Federal Reserve Z.1 table published by FRED.
Corporate net worth increased by $1.097 trillion from Q4 2025 and by $5.197 trillion from a year earlier. These are sector-wide totals, not estimates for every public and private company. Liabilities still increased, but the debt-to-net-worth ratio slipped from 38.09% to 37.92%. In practical terms, residual value grew slightly faster than debt, improving aggregate leverage despite higher nominal obligations.
How do privately held and noncorporate businesses compare?
Nonfinancial noncorporate businesses are an important proxy for privately held firms. They reported $30.277 trillion in assets, $13.711 trillion in liabilities, and $16.566 trillion in net worth, according to the Federal Reserve noncorporate balance sheet. Their net worth increased by $240 billion from Q4.
Their debt-to-net-worth ratio was 49.1%, materially above the corporate sector's 37.9%. That comparison suggests noncorporate businesses carried more debt relative to residual value. It does not establish the financial condition or sale value of any individual private company.
Why equity values and profits tell different stories
Corporate equities outstanding fell in market value from $71.863 trillion in Q4 2025 to $69.512 trillion in Q1 2026. Corporate net worth rose during the same period. The opposing moves show why stock-market value cannot substitute for sector net worth.
Net worth reflects the full balance between assets and liabilities, while equity-market value follows a different measure. The Bureau of Economic Analysis supplied a newer earnings signal in August. Corporate profits from current production increased by $400.9 billion in Q2, following a $74.4 billion Q1 increase. Stronger profits may affect future balance sheets, but they do not establish a Q2 net-worth figure.
What can August filings reveal?
August is a peak period for quarterly 10-Q filings. The SEC's EDGAR system disseminates accepted filings in real time, so readers can find company-specific June-quarter assets and liabilities in the SEC's EDGAR dissemination guide. Use those records according to the question being asked:.
- For one public company, compare its June-quarter assets and liabilities with prior reporting periods.
- For nationwide corporate conditions, use the Federal Reserve sector totals.
- For privately held businesses, treat noncorporate data as a broad proxy rather than a company valuation.
- Do not combine selected 10-Q figures and present the result as national business net worth.
- For a confirmed Q2 sector reading, check the Federal Reserve release scheduled for September 11.