Financial Statements

Toll Brothers, Inc. (TOL)

$46.39

-2.53 (-5.17%)
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) 5,1644,7745,1624,474-
Net Income 834447590748535
Stock Dividends -951-0-91313,977
Dividend Paid -77-57-64-62-39
Retained Earnings 4,9705,1644,7745,1624,474

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 421273193190-
Annual Depreciation 52147785190
Capital Expenditure -6712-1-1
Net PPE 407421273193190

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

Toll Brothers, Inc. 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 Toll Brothers, Inc. 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.