Story perspectives
U.S. Bankruptcies Surge to 15-Year High, 68 in October
11/14/2025
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Story summary
- U.S. corporate bankruptcies are projected to reach a 15-year high, per S&P Global.
- By October 2025, there were 655 bankruptcy filings, near 687 total in 2024.
- October 2025 alone produced 68 filings, the highest monthly total since 2020.
- The industrials sector leads with 98 filings, driven by tariff-related supply-chain disruptions.
- Notable bankruptcies include First Brands, with over $10 billion in liabilities, and the subprime lender Tricolor.
