Financial Statements

RLI Corp. (RLI)

$119.69

+0.81 (+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) 1,0841,014908789-
Net Income 27915719264105
Stock Dividends -01-0138797
Dividend Paid -135-88-86-83-114
Retained Earnings 1,2281,0841,014908789

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 51535556-
Annual Depreciation 945565
Capital Expenditure -8-6-7-6-9
Net PPE 5251535556

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -50464646
New Purchases -456-843-618-596-875
Intangible and Goodwill 5046464646

RLI Corp. 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 RLI Corp. 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.