Most Indebted Consumer Cyclical Stocks
Top consumer cyclical companies ranked by long-term debt, latest annual filings.
Most Indebted Consumer Cyclical Companies: What Long-Term Debt Tells You
Long-term debt in consumer cyclical is highly sensitive to the demand cycle. Auto makers, travel operators, hotel owners, and restaurant chains routinely carry heavy debt tied to capital-intensive operations and working capital. The business model amplifies leverage effects: when demand is strong, debt-funded expansion looks prudent and returns are high; when the cycle turns, fixed obligations remain while revenue compresses, which is why the sector has a long history of distress in downturns among otherwise well-known brands.
Why It Matters in Consumer Cyclical
Large absolute debt balances are structurally common in autos, hospitality, and leisure because of the capital assets involved, and a strong franchise can carry meaningful leverage across multiple cycles. Even so, consumer cyclical earnings can disappear quickly in a slowdown, and high absolute debt paired with thin margins or declining same-store sales is the pattern that has historically preceded problems in the sector, even at category leaders.
What to Read Alongside
Pair long-term debt with Free Cash Flow to gauge servicing capacity against volatile demand, EBITDA for leverage ratios relative to through-cycle earnings, and Cash & Equivalents for the net-debt picture after available liquidity.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | AMZN | Amazon.com, Inc. | Consumer Cyclical | $128.89B | $2936.68B |
| 2 | HD | Home Depot, Inc. | Consumer Cyclical | $46.34B | $348.51B |
| 3 | MCD | McDonald's Corporation | Consumer Cyclical | $39.97B | $196.28B |
| 4 | LOW | Lowe's Companies Inc. | Consumer Cyclical | $37.49B | $122.46B |
| 5 | CCL | Carnival Corporation Ltd. | Consumer Cyclical | $24.04B | $39.43B |
| 6 | RCL | Royal Caribbean Group | Consumer Cyclical | $18.16B | $85.73B |
| 7 | KMX | CarMax Inc. | Consumer Cyclical | $17.26B | $8.24B |
| 8 | BKNG | Booking Holdings Inc. | Consumer Cyclical | $16.86B | $155.83B |
| 9 | MAR | Marriott International | Consumer Cyclical | $14.99B | $93.79B |
| 10 | LVS | Las Vegas Sands Corp. | Consumer Cyclical | $14.66B | $29.87B |
| 11 | SBUX | Starbucks Corporation | Consumer Cyclical | $14.58B | $119.88B |
| 12 | AMCR | Amcor plc | Consumer Cyclical | $13.84B | $21.76B |
| 13 | NCLH | Norwegian Cruise Line Holdings Ltd. | Consumer Cyclical | $13.73B | $8.89B |
| 14 | SW | Smurfit Westrock Plc | Consumer Cyclical | $13.43B | $24.62B |
| 15 | QSR | Restaurant Brands International Inc. | Consumer Cyclical | $13.25B | $25.43B |
| 16 | HLT | Hilton Worldwide Holdings Inc. | Consumer Cyclical | $12.34B | $72.47B |
| 17 | FLUT | Flutter Entertainment plc | Consumer Cyclical | $12.16B | $16.14B |
| 18 | YUM | Yum! Brands, Inc. | Consumer Cyclical | $11.87B | $41.56B |
| 19 | CZR | Caesars Entertainment, Inc. | Consumer Cyclical | $11.67B | $6.12B |
| 20 | WYNN | Wynn Resorts, Limited | Consumer Cyclical | $10.54B | $10.53B |
| 21 | LAD | Lithia Motors, Inc. | Consumer Cyclical | $9.68B | $8.26B |
| 22 | IP | International Paper Co. | Consumer Cyclical | $8.84B | $21.46B |
| 23 | AZO | AutoZone, Inc. | Consumer Cyclical | $8.80B | $50.11B |
| 24 | APTV | Aptiv PLC | Consumer Cyclical | $7.47B | $9.61B |
| 25 | BALL | Ball Corporation | Consumer Cyclical | $6.99B | $16.71B |
| 26 | MLCO | Melco Resorts & Entertainment Limited | Consumer Cyclical | $6.75B | $2.14B |
| 27 | TSLA | Tesla, Inc. | Consumer Cyclical | $6.58B | $1262.00B |
| 28 | MGM | MGM RESORTS INTERNATIONAL | Consumer Cyclical | $6.23B | $11.25B |
| 29 | ORLY | O'Reilly Automotive, Inc. | Consumer Cyclical | $6.02B | $76.21B |
| 30 | EBAY | eBay Inc. | Consumer Cyclical | $6.00B | $48.90B |
| 31 | NKE | NIKE, Inc. | Consumer Cyclical | $5.94B | $62.31B |
| 32 | LEN | Lennar Corporation | Consumer Cyclical | $5.87B | $20.43B |
| 33 | TNL | Travel + Leisure Co. | Consumer Cyclical | $5.60B | $4.74B |
| 34 | WHR | Whirlpool Corp. | Consumer Cyclical | $5.58B | $2.80B |
| 35 | CCK | Crown Holdings Inc. | Consumer Cyclical | $5.40B | $13.17B |
| 36 | GT | Goodyear Tire & Rubber | Consumer Cyclical | $5.33B | $1.94B |
| 37 | FUN | Six Flags Entertainment Corporation | Consumer Cyclical | $5.17B | $1.61B |
| 38 | LNW | Light & Wonder, Inc. | Consumer Cyclical | $5.11B | $7.03B |
| 39 | SCI | Service Corporation International | Consumer Cyclical | $5.08B | $11.58B |
| 40 | CHDN | Churchill Downs Incorporated | Consumer Cyclical | $5.07B | $6.06B |
| 41 | GPK | Graphic Packaging Holding Company | Consumer Cyclical | $5.02B | $3.51B |
| 42 | OI | O-I Glass, Inc. | Consumer Cyclical | $4.84B | $1.09B |
| 43 | CVNA | Carvana Co. | Consumer Cyclical | $4.83B | $75.14B |
| 44 | DPZ | Domino's Pizza Inc. | Consumer Cyclical | $4.81B | $11.86B |
| 45 | MGA | Magna International Inc. | Consumer Cyclical | $4.68B | $18.14B |
| 46 | SGI | Somnigroup International Inc. | Consumer Cyclical | $4.57B | $13.65B |
| 47 | MELI | MercadoLibre, Inc. | Consumer Cyclical | $4.57B | $92.78B |
| 48 | HGV | Hilton Grand Vacations Inc. | Consumer Cyclical | $4.54B | $3.61B |
| 49 | EXPE | Expedia Group, Inc. | Consumer Cyclical | $4.47B | $36.79B |
| 50 | BALY | Bally's Corporation | Consumer Cyclical | $4.46B | $0.64B |
| 51 | RIVN | Rivian Automotive, Inc. | Consumer Cyclical | $4.44B | $22.27B |
| 52 | AMBP | Ardagh Metal Packaging S.A. | Consumer Cyclical | $4.42B | $3.00B |
| 53 | H | Hyatt Hotels Corporation | Consumer Cyclical | $4.27B | $16.86B |
| 54 | GME | GameStop Corp. | Consumer Cyclical | $4.16B | $8.63B |
| 55 | AXL | Dauch Corporation | Consumer Cyclical | $4.08B | $2.12B |
| 56 | BRSL | Brightstar Lottery PLC | Consumer Cyclical | $4.06B | $2.03B |
| 57 | PKG | Packaging Corporation of America | Consumer Cyclical | $3.97B | $22.52B |
| 58 | BWA | BorgWarner Inc. | Consumer Cyclical | $3.89B | $13.40B |
| 59 | SON | Sonoco Products Company | Consumer Cyclical | $3.79B | $5.64B |
| 60 | SLGN | Silgan Holdings Inc. | Consumer Cyclical | $3.72B | $4.39B |
| 61 | AN | AutoNation, Inc. | Consumer Cyclical | $3.70B | $6.99B |
| 62 | BBWI | Bath & Body Works, Inc. | Consumer Cyclical | $3.61B | $4.06B |
| 63 | VFC | V.F. Corporation | Consumer Cyclical | $3.52B | $5.80B |
| 64 | GPC | Genuine Parts Company | Consumer Cyclical | $3.50B | $18.31B |
| 65 | GPI | Group 1 Automotive, Inc. | Consumer Cyclical | $3.44B | $3.23B |
| 66 | AAP | ADVANCE AUTO PARTS INC | Consumer Cyclical | $3.41B | $3.49B |
| 67 | RRR | Red Rock Resorts, Inc. | Consumer Cyclical | $3.38B | $3.68B |
| 68 | SEE | Sealed Air Corp | Consumer Cyclical | $3.28B | $6.21B |
| 69 | W | Wayfair Inc. | Consumer Cyclical | $3.23B | $14.25B |
| 70 | AVY | Avery Dennison Corp. | Consumer Cyclical | $3.21B | $13.19B |
| 71 | ABG | Asbury Automotive Group, Inc. | Consumer Cyclical | $3.09B | $3.88B |
| 72 | ALSN | Allison Transmission Holdings, Inc. | Consumer Cyclical | $2.88B | $9.60B |
| 73 | PENN | PENN Entertainment, Inc. | Consumer Cyclical | $2.85B | $2.69B |
| 74 | HAS | Hasbro, Inc. | Consumer Cyclical | $2.77B | $12.93B |
| 75 | WEN | The Wendy's Company | Consumer Cyclical | $2.73B | $1.41B |
| 76 | LEA | Lear Corporation | Consumer Cyclical | $2.71B | $7.93B |
| 77 | MTN | Vail Resorts, Inc. | Consumer Cyclical | $2.59B | $5.23B |
| 78 | DAN | Dana Incorporated | Consumer Cyclical | $2.57B | $2.94B |
| 79 | WH | Wyndham Hotels & Resorts, Inc. | Consumer Cyclical | $2.52B | $5.58B |
| 80 | PLNT | Planet Fitness, Inc. | Consumer Cyclical | $2.46B | $4.05B |
| 81 | M | Macy's, Inc. | Consumer Cyclical | $2.43B | $6.61B |
| 82 | TPR | Tapestry, Inc. | Consumer Cyclical | $2.40B | $32.73B |
| 83 | ADNT | Adient plc | Consumer Cyclical | $2.39B | $1.45B |
| 84 | ETSY | Etsy, Inc. | Consumer Cyclical | $2.33B | $7.55B |
| 85 | MAT | Mattel, Inc. | Consumer Cyclical | $2.33B | $4.21B |
| 86 | CASY | Casey's General Stores, Inc. | Consumer Cyclical | $2.33B | $30.80B |
| 87 | PVH | PVH Corp. | Consumer Cyclical | $2.29B | $3.99B |
| 88 | TMHC | Taylor Morrison Home Corp | Consumer Cyclical | $2.29B | $6.67B |
| 89 | PRKS | United Parks & Resorts Inc. | Consumer Cyclical | $2.22B | $2.09B |
| 90 | HBI | Hanesbrands Inc. | Consumer Cyclical | $2.19B | $2.29B |
| 91 | MUSA | Murphy USA Inc. | Consumer Cyclical | $2.16B | $9.90B |
| 92 | LCID | Lucid Group, Inc. | Consumer Cyclical | $2.05B | $2.75B |
| 93 | BYD | Boyd Gaming Corporation | Consumer Cyclical | $2.05B | $6.11B |
| 94 | BURL | Burlington Stores, Inc. | Consumer Cyclical | $2.01B | $23.36B |
| 95 | CHH | Choice Hotels International, Inc. | Consumer Cyclical | $1.91B | $4.94B |
| 96 | VFS | VinFast Auto Ltd. | Consumer Cyclical | $1.89B | $7.67B |
| 97 | DRVN | Driven Brands Holdings Inc. | Consumer Cyclical | $1.88B | $2.14B |
| 98 | TJX | The TJX Companies, Inc. | Consumer Cyclical | $1.87B | $179.03B |
| 99 | PAG | Penske Automotive Group, Inc. | Consumer Cyclical | $1.81B | $14.21B |
| 100 | BC | Brunswick Corporation | Consumer Cyclical | $1.81B | $5.26B |
No companies match this search.
How this ranking is built
Companies are ranked by long-term debt as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.