Stock Market · Market value and profits

U.S. Stock Market Value (nonfinancial corporations, since 1945)

The market value of the shares of U.S. nonfinancial corporations, quarterly (Federal Reserve Financial Accounts). It leaves out banks, insurers and other financial companies.

Nonfinancial corporate equity at market value: $83.05T (Q2 2026).
A year earlier: $65.33T (Q2 2025), a change of +27.1%.
Highest on record here: $83.05T (Q2 2026); lowest: $0.09T (Q4 1948).

Year	Average	Year close
1945	$0.10T	$0.10T
1946	$0.10T	$0.10T
1947	$0.10T	$0.10T
1948	$0.09T	$0.09T
1949	$0.10T	$0.10T
1950	$0.13T	$0.13T
1951	$0.15T	$0.15T
1952	$0.15T	$0.15T
1953	$0.14T	$0.14T
1954	$0.18T	$0.19T
1955	$0.23T	$0.24T
1956	$0.26T	$0.27T

Source: FRED NCBEILQ027S (Nonfinancial Corporate Business; Corporate Equities; Liability, Level). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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