Corporate Bankruptcies in America (2010–2024)

What We’re Showing

This infographic shows the number of corporate bankruptcies in the United States from 2010 to 2024, including companies filing for liquidation or reorganization. 

The data comes from S&P Global Market Intelligence. 

Key Takeaways

• Corporate bankruptcies in America hit a 14-year high in 2024 with 694 bankruptcies, reaching their highest level since 2010. 
• The consumer discretionary and industrials sectors saw the most bankruptcy filings, together accounting for 199 filings or 28% of the total. 
• The utilities sector had the fewest bankruptcies (3), followed by Energy (16) and Materials (17).
• The largest bankruptcies of 2024 include China Construction America, Party City Holdco, H-Food Holdings, and Spirit Airlines. 
• Over 60% of companies filing for bankruptcy sought to restructure their debt and continue operating (reorganization), rather than selling their assets and shutting down (liquidation).