Companies with the most long-term debt

Long-term debt is borrowing due more than a year out. A large figure is normal for capital-intensive businesses and says nothing on its own about financial health. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 2263 · Fiscal year 2025 · Data as of September 25, 2026

Federal National Mortgage Association Fannie Mae (FNMA) tops the list with $4.16T in long-term debt for fiscal 2025, ahead of Morgan Stanley ($342B) and Bank of America ($318B). The top 10 together report $6.25T in long-term debt; the gap between #1 and #10 is ×30.85. 2263 SEC filers report long-term debt; the list shows the top 100. The last place on the list, AstraZeneca, comes in at $24.7B.

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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/companies-with-the-most-debt">Companies with the most long-term debt</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

{{cite web |title=Companies with the most long-term debt |url=https://companiesranked.com/en/companies-with-the-most-debt |website=CompaniesRanked |date=2026-09-25 |language=en}}

CompaniesRanked. (September 25, 2026). Companies with the most long-term debt. CompaniesRanked. https://companiesranked.com/en/companies-with-the-most-debt

@misc{companiesranked-en-companies-with-the-most-debt-2026,
  author       = {{CompaniesRanked}},
  title        = {{Companies with the most long-term debt}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/companies-with-the-most-debt}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}