Discontinued — last reported Q4 '24

Equity

Undistributed Earnings of Foreign Subsidiaries

PPG Industries Undistributed Earnings of Foreign Subsidiaries increased by 23.0% to $7.50B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $6.10B to $7.50B. Over 5 years (FY 2020 to FY 2025), Undistributed Earnings of Foreign Subsidiaries shows an upward trend with a 12.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ4 2024

How to read this metric

An increase suggests significant international growth or a strategic choice to reinvest abroad, while a decrease may indicate repatriation of cash to the parent company.

Detailed definition

This represents the cumulative earnings generated by international subsidiaries that have been retained for reinvestment...

Peer comparison

Common among multinational technology firms with significant global operations and complex tax structures.

Metric ID: undistributed_foreign_earnings

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$4.30B$4.60B$5.80B$6.10B$7.50B
QoQ Change+7.0%+26.1%+5.2%+23.0%
YoY Change+7.0%+26.1%+5.2%+23.0%
Range$4.30B$7.50B
CAGR+74.4%
Avg YoY Growth+15.3%
Median YoY Growth+15.0%
Current Streak4+ quarters growth

Frequently Asked Questions

What is PPG Industries's undistributed earnings of foreign subsidiaries?
PPG Industries (PPG) reported undistributed earnings of foreign subsidiaries of $7.50B in Q4 2025.
How has PPG Industries's undistributed earnings of foreign subsidiaries changed year-over-year?
PPG Industries's undistributed earnings of foreign subsidiaries increased by 23.0% year-over-year, from $6.10B to $7.50B.
What is the long-term trend for PPG Industries's undistributed earnings of foreign subsidiaries?
Over 5 years (2020 to 2025), PPG Industries's undistributed earnings of foreign subsidiaries has grown at a 12.8% compound annual growth rate (CAGR), from $4.10B to $7.50B.
What does undistributed earnings of foreign subsidiaries mean?
Profits earned by foreign branches that are kept abroad instead of being sent back to the home country.