Accessible Version

U.S. Corporations' Repatriation of Offshore Profits Accessible Data

Figure 1: Repatriation of Overseas Earnings

Year Quarter Repatriated Earnings
2003 1 19510
2003 2 16471
2003 3 15235
2003 4 18417
2004 1 21256
2004 2 24898
2004 3 21310
2004 4 24657
2005 1 36036
2005 2 45521
2005 3 100419
2005 4 129093
2006 1 28776
2006 2 32678
2006 3 25660
2006 4 28779
2007 1 29147
2007 2 43559
2007 3 34819
2007 4 42792
2008 1 55111
2008 2 43254
2008 3 40675
2008 4 51232
2009 1 39783
2009 2 34985
2009 3 37218
2009 4 30893
2010 1 33885
2010 2 36071
2010 3 32808
2010 4 42520
2011 1 39274
2011 2 38388
2011 3 41313
2011 4 46033
2012 1 43409
2012 2 46609
2012 3 48940
2012 4 41867
2013 1 42593
2013 2 43664
2013 3 33010
2013 4 41880
2014 1 45229
2014 2 41804
2014 3 46199
2014 4 44102
2015 1 41246
2015 2 42127
2015 3 41377
2015 4 45336
2016 1 34748
2016 2 38017
2016 3 41567
2016 4 49185
2017 1 44322
2017 2 40965
2017 3 62570
2017 4 33920
2018 1 313017

Source: BEA Balance of Payments data.

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Figure 2: Aggregate Ratio of Share Buybacks to Assets

Year Quarter Buybacks, Top 15 Buybacks, Other
2011   0.0084688 0.0079216
2012   0.0071770 0.0071033
2013   0.0106942 0.0078760
2014   0.0136838 0.0082756
2015 1 0.0114685 0.0085827
2015 2 0.0130702 0.0070637
2015 3 0.0150586 0.0084930
2015 4 0.0141846 0.0080257
2016 1 0.0178786 0.0090766
2016 2 0.0157673 0.0070462
2016 3 0.0105342 0.0054344
2016 4 0.0128193 0.0058826
2017 1 0.0096934 0.0067429
2017 2 0.0081956 0.0057716
2017 3 0.0084697 0.0059006
2017 4 0.0098423 0.0058940
2018 1 0.0240010 0.0071432

Note: For years before 2015, annual averages of quarterly values are shown.

Source: Compustat; Bloomberg.

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Figure 3: Aggregate Ratio of Cap-Ex Plus R&D to Assets

Year Quarter Cap-Ex Plus R&D, Top 15 Cap-Ex Plus R&D, Other
2011   0.0154060 0.0176168
2012   0.0173643 0.0181225
2013   0.0179735 0.0176513
2014   0.0193175 0.0180076
2015 1 0.0178695 0.0156809
2015 2 0.0182220 0.0159267
2015 3 0.0178870 0.0157511
2015 4 0.0230244 0.0200461
2016 1 0.0192732 0.0143305
2016 2 0.0220027 0.0144152
2016 3 0.0212155 0.0140046
2016 4 0.0252134 0.0182351
2017 1 0.0204853 0.0132469
2017 2 0.0226820 0.0134292
2017 3 0.0219305 0.0140795
2017 4 0.0263678 0.0180295
2018 1 0.0254103 0.0138241

Note: For years before 2015, annual averages of quarterly values are shown. R&D is research and development.

Source: Compustat; Bloomberg.

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Figure 4: Aggregate Ratio of Net Purchase of Securities to Assets

Year Quarter Net Purchase, Top 15 Net Purchase, Other
2011   0.0035779 0.0006602
2012   0.0091378 0.0018036
2013   0.0043363 0.0014697
2014   0.0062694 0.0006412
2015 1 0.0095341 0.0002947
2015 2 0.0107716 0.0026300
2015 3 0.0033460 0.0017363
2015 4 0.0076119 0.0016694
2016 1 0.0065833 0.0004765
2016 2 0.0064086 0.0003841
2016 3 0.0145581 -0.0000894
2016 4 0.0030551 0.0061947
2017 1 0.0074169 0.0017628
2017 2 0.0097402 0.0001500
2017 3 -0.0022382 -0.0002003
2017 4 0.0065978 0.0019480
2018 1 -0.0286164 -0.0019921

Note: For years before 2015, annual averages of quarterly values are shown.

Source: Compustat; Bloomberg.

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Figure 5: Quarterly hange in Aggregate Ratio of Debt to Assets

Year Quarter Change Debt, Top 15 Change Debt, Other
2011   -0.0060389 0.0006394
2012   -0.0082522 0.0023326
2013   -0.0029422 0.0023080
2014   -0.0007135 0.0039548
2015 1 0.0004470 0.0123514
2015 2 -0.0060399 0.0023064
2015 3 0.0036950 0.0045514
2015 4 -0.0282850 0.0075633
2016 1 0.0108518 0.0092068
2016 2 -0.0026939 0.0024915
2016 3 0.0063265 0.0005128
2016 4 -0.0016113 -0.0001179
2017 1 0.0022986 0.0037848
2017 2 0.0084257 0.0013596
2017 3 -0.0003706 -0.0024126
2017 4 -0.0008944 0.0012194
2018 1 0.0022720 0.0024742

Note: For years before 2015, annual averages of quarterly values are shown.

Source: Compustat; Bloomberg.

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Last Update: September 04, 2018