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PPG Industries (PPG Industries) Retained Earnings : $21,747 Mil (As of Mar. 2024)


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What is PPG Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PPG Industries's retained earnings for the quarter that ended in Mar. 2024 was $21,747 Mil.

PPG Industries's quarterly retained earnings declined from Sep. 2023 ($21,563 Mil) to Dec. 2023 ($21,500 Mil) but then increased from Dec. 2023 ($21,500 Mil) to Mar. 2024 ($21,747 Mil).

PPG Industries's annual retained earnings increased from Dec. 2021 ($20,372 Mil) to Dec. 2022 ($20,828 Mil) and increased from Dec. 2022 ($20,828 Mil) to Dec. 2023 ($21,500 Mil).


PPG Industries Retained Earnings Historical Data

The historical data trend for PPG Industries's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PPG Industries Retained Earnings Chart

PPG Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,906.00 19,469.00 20,372.00 20,828.00 21,500.00

PPG Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20,946.00 21,290.00 21,563.00 21,500.00 21,747.00

PPG Industries Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


PPG Industries  (NYSE:PPG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


PPG Industries (PPG Industries) Business Description

Traded in Other Exchanges
Address
One PPG Place, Pittsburgh, PA, USA, 15272
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Executives
Iii Chris Roberts director 1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Vincent J Morales officer: Senior VP & CFO PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Michael H Mcgarry officer: Senior Vice President PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Chancey E. Hagerty officer: Sr. VP, Auto. Refinish Ctgs. PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Karl Henrik Bergstrom officer: Sr.VP, Arch Ctgs LA, EMEA, AP PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Kevin D. Braun officer: Sr. VP, Industrial Coatings PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Anne M. Foulkes officer: Sr. VP, Gen. Counsel & Secrtry PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Rebecca B. Liebert officer: Sr. VP, Automotive Coatings PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Brian Richard Williams officer: Acting Controller ONE PPG PLACE, PITTSBURGH PA 15272
Timothy M Knavish officer: Sr. VP, Automotive Coatings PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Guillermo Novo director AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Michael Nally director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
William E Schaupp officer: Assistant Controller (PAO) PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324
Vadlamannati Ramaprasad officer: Sr. VP, Protect. & Marine Ctgs PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272

PPG Industries (PPG Industries) Headlines

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