List of most indebted companies explained

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.^[1]

The most indebted company in history was General Electric, holding in 2008 556$bn in debt.

2022 Top 20

The 20 companies with the highest debt in 2022.

Rank	Company	Country	Debt (billions of US$)
1	Evergrande Group		340
2	Toyota		217

2021 Top 20

The 20 companies with the highest debt in 2021.^[2]

!Rank!Company!Country!Debt
(billions of US$)

1	Toyota		186
2	Volkswagen AG		185
3	AT&T		182
4	Verizon Communications		174
5	Deutsche Telekom AG		153
6	Mercedes-Benz Group AG		109
7	Électricité de France SA		104
8	Comcast		98
9	BMW		96
10	Charter Communications		92
11	Ford Motor Company		90
12	General Motors		79
13	Anheuser-Busch and In-Bev		76
14	Enel SpA		72
15	Duke Energy		68
16	AbbVie, Inc.		68
17	Korea Electric Power		68
18	Nippon Telegraph and Telephone		67
19	Hyundai		65
20	Vodafone		62

2019 Top 20

The 20 companies with the highest debt in 2019.^[3]

Rank	Company	Country	Debt (billions of US$)
1	Volkswagen AG		192
2	AT&T		176
3	Daimler AG		151
4	Toyota		138
5	SoftBank Group		135
6	Verizon Communications		129
7	Ford Motor Company		122
8	BMW		114
9	Comcast		104
10	Anheuser-Busch and InBev		96
11	Deutsche Telekom		87
12	CVS Health		81
13	Petrobras		79
14	Royal Dutch Shell		78
15	General Motors		78
16	Charter Communications		77
17	PetroChina		76
18	Walmart		63
19	Duke Energy		62
20	Korea Electric Power Corporation		60

2016 Top 20

The 20 companies with the highest debt in 2016.

Rank	Company	Country	Debt (billions of US$)
1	AT&T		139
2	Volkswagen AG		136
3	Verizon Communications		126
4	Toyota		119
5	Anheuser-Busch and InBev		107
6	Daimler AG		104
7	Ford Motor Company		104
8	Petrobras		95
9	BMW		95
10	General Electric		91
11	Royal Dutch Shell		89
12	SoftBank Group		82
13	PetroChina		81
14	Deutsche Telekom		76
15	Telefónica		69
16	Charter Communications		61
17	Walmart		58
18	General Motors		58
19	Comcast		58
20	Électricité de France		57

2014 Top 20

The 20 companies with the highest debt in 2014.

Rank	Company	Country	Debt (billions of US$)
1	General Electric		278
2	Volkswagen AG		134
3	Verizon Communications		123
4	Toyota		115
5	Petrobras		105
6	PetroChina		96
7	AT&T		93
8	Daimler AG		90
9	Ford Motor Company		88
10	BMW		84
11	Deutsche Telekom		79
12	Telefónica		73
13	Sinopec		71
14	SoftBank Group		70
15	Walmart		66
16	Korea Electric Power Corporation		57
17	Mitsubishi Corporation		55
18	Électricité de France		53
19	Rosneft		50
20	Orange S.A.		48

See also

• List of largest companies by revenue
• List of largest employers
• List of largest corporate profits and losses
• List of public corporations by market capitalization
• List of most valuable brands

Notes and References

1. Web site: 2020-07-17. VW Becomes The World's Most Indebted Company, Owes More Than South Africa!. 2021-07-04. Carscoops. en-US.
2. Web site: Henderson . Janus . February 23, 2023 . JANUS HENDERSON CORPORATE DEBT INDEX, Edition 3 . February 23, 2023 . Janus Henderson.
3. Web site: Janus Henderson Corporate Debt Index Edition 1. Janus Henderson.