Financial Statements

The Gorman-Rupp Company (GRC)

$29.29

-0.20 (-0.68%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 340330309332-
Net Income 3025364027
Stock Dividends 00-02318
Dividend Paid -17-15-14-66-12
Retained Earnings 353340330309332

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 109112113117-
Annual Depreciation 5597125
Capital Expenditure -10-8-11-11-8
Net PPE 104109112113117

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -28272728
New Purchases -3----0
Intangible and Goodwill 2827272827

The Gorman-Rupp Company income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes The Gorman-Rupp Company FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.