Q1 2025 Income Analytics T200 Reports

10.06.25

Income Analytics is pleased to release its latest T200 reports. Our T200 series quantifies the default risk across the top 200 standard industry classifications (SICs) for the UK, Western Europe and North America. Individual companies are given a score, reflecting their default risk, with a higher score indicating a lower probability of failure or default.

  • North America: The US logistics sector continues to outperform with an INCANS® Score of 85, while office tenants remain stable at above-average levels. Residential care homes lead with a strong score of 90 out of 100.
  • United Kingdom: The education sector dominates with a tenant global score of 97, significantly above the national average. Retail and pub/restaurant sectors struggle below the UK average, reflecting economic challenges. Office tenants remain steady at 85.
  • Western Europe: Healthcare and residential care home tenants maintain high scores, though the residential sector sees a slight quarterly decline. Retail faces notable annual declines, despite a positive outlook for 2025. Office tenants remain stable but have experienced small year-on-year decreases.

Overall, our scoring indicates resilience in logistics, education, and healthcare, while retail faces continued pressure in certain regions.

For more detail, click here to download the latest reports.