Abstract
Many companies experienced losses during the coronavirus disease 2019 pandemic. This research aims to analyze differences in company profit levels using debt and equity funding of manufacturing companies in the basic and chemical industry sectors, the miscellaneous industry sector, and the consumer goods industry sector listed on the Indonesia Stock Exchange. The data collection technique used was documentation with 160 samples. The method used in this research is a descriptive statistical analysis of the company's financial reports in 2020 using the independent sample t-test difference analysis method. The research results show that companies that use equity funding sources have greater profits than companies that use debt funding sources, meaning that companies during the pandemic should use equity funding sources. The results of this research can be a reference for manufacturing companies to choose the most appropriate funding source according to their financial needs and the risks they face.