The Fed has been cutting since 2024. Interest costs kept rising.
A consistent panel of 191 listed non-financial companies, built from SEC filings. Aggregate interest expense rose again in 2025 — the second full year of Fed cuts.
6 primary sourcesTicker · 1 article
PFE
Every article on this page was built from the company's own filings. The documents they were read from are listed below, so you can check any figure yourself.
Last checked Aug 12, 2026All companies
Primary sources used
- Federal Reserve Bank of St. Louis (FRED) — Federal Funds Effective Rate, series DFFDaily effective rate; monthly averages used here
- SEC XBRL frames API — InterestExpense, CY2021One of ten frame calls behind the panel
- SEC XBRL frames API — InterestExpense, CY2025The tag most filers migrated away from during the period
- SEC XBRL frames API — InterestExpenseNonoperating, CY2025The replacement tag; without it the panel loses most of its recent years
- Deere & Company — SEC EDGAR filing historySpot-checked: interest expense $993M in CY2021, $3,170M in CY2025
- Oracle Corporation — SEC EDGAR filing historySpot-checked: interest expense $2,755M in CY2021, $4,599M in CY2025
6documents, deduplicated. Links go to the original filing, not to a summary.