List of most indebted companies


The following article lists the indebted companies in the world by total corporate debt according estimates by the British-Australian investment firm Janus Henderson. In 2019, the total debt of the 900 most indebted companies was $8,325 billion. The most indebted companies were in the oil and gas, utilities, telecommunication and automotive industries. The world's most indebted company in 2021 was Toyota.
The most indebted company was General Electric, holding in 2008 $550 billion of debt.

2023/24 Top 20

The 20 companies with the highest debt in 2023/24.
CompanyCountryIndustryDebt
Volkswagen AGAutomotive196
ToyotaAutomotive179
Verizon CommunicationsTelecommunications172
AT&TTelecommunications152
Deutsche Telekom AGTelecommunications150
Ford Motor CompanyAutomotive111
Charter CommunicationsTelecommunications98
ComcastTelecommunications
Mass media
97
Mercedes-Benz Group AGAutomotive96
General MotorsAutomotive94
Enel SpAEnergy82
OracleInformation technology82
Duke EnergyEnergy80
BMWAutomotive80
HyundaiAutomotive75
NextEra EnergyEnergy71
CVS HealthHealthcare
Retail
68
Anheuser-Busch InBevBeverages68
UnitedHealth GroupHealthcare67
AmazonRetail
Information technology
67

2021 Top 20

The 20 companies with the highest debt in 2021.
RankCompanyCountryDebt
1Toyota186
2Volkswagen AG185
3AT&T182
4Verizon Communications174
5Deutsche Telekom AG153
6Mercedes-Benz Group AG109
7Électricité de France SA104
8Comcast98
9BMW96
10Charter Communications92
11Ford Motor Company90
12General Motors79
13Anheuser-Busch and In-Bev76
14Enel SpA72
15Duke Energy68
16AbbVie, Inc.68
17Korea Electric Power68
18Nippon Telegraph and Telephone67
19Hyundai65
20VodafoneUnited Kingdom

2019 Top 20

The 20 companies with the highest debt in 2019.
RankCompanyCountryDebt
1Volkswagen AG192
2AT&T176
3Daimler AG151
4Toyota138
5SoftBank Group135
6Verizon Communications129
7Ford Motor Company122
8BMW114
9Comcast104
10Anheuser-Busch and InBev96
11Deutsche Telekom87
12CVS Health81
13Petrobras79
14Royal Dutch Shell78
15General Motors78
16Charter Communications77
17PetroChina76
18Walmart63
19Duke Energy62
20Korea Electric Power Corporation60

2016 Top 20

The 20 companies with the highest debt in 2016.
RankCompanyCountryDebt
1AT&T139
2Volkswagen AG136
3Verizon Communications126
4Toyota119
5Anheuser-Busch and InBev107
6Daimler AG104
7Ford Motor Company104
8Petrobras95
9BMW95
10General Electric91
11Royal Dutch Shell89
12SoftBank Group82
13PetroChina81
14Deutsche Telekom76
15Telefónica69
16Charter Communications61
17Walmart58
18General Motors58
19Comcast58
20Électricité de France57

2014 Top 20

The 20 companies with the highest debt in 2014.
RankCompanyCountryDebt
1General Electric278
2Volkswagen AG134
3Verizon Communications123
4Toyota115
5Petrobras105
6PetroChina96
7AT&T93
8Daimler AG90
9Ford Motor Company88
10BMW84
11Deutsche Telekom79
12Telefónica73
13Sinopec71
14SoftBank Group70
15Walmart66
16Korea Electric Power Corporation57
17Mitsubishi Corporation55
18Électricité de France53
19Rosneft50
20Orange S.A.48