Financial Statements

The Charles Schwab Corporation (SCHW)

$63.94

-1.33 (-2.04%)
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) 21,97519,96017,32914,408-
Net Income 5,8553,2993,7043,5072,354
Stock Dividends -16-4-1320112,646
Dividend Paid -1,822-1,280-1,060-787-592
Retained Earnings 25,99221,97519,96017,32914,408

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3,8202,7051,7691,471-
Annual Depreciation 5381,7461,6448681,871
Capital Expenditure -916-631-708-570-400
Net PPE 3,4423,8202,7051,7691,471

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,2271,2271,22711,952
New Purchases -47,958-73,674-51,256-202,171-171,732
Intangible and Goodwill 1,2271,2271,22711,95211,952

The Charles Schwab Corporation 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 Charles Schwab Corporation 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.