Financial Statements

The Toro Company (TTC)

$76.97

+0.77 (+1.01%)
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) 1,042785587534-
Net Income 410330274272268
Stock Dividends -2673520-134342
Dividend Paid -112-108-96-85-76
Retained Earnings 1,0721,042785587534

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 547437271235-
Annual Depreciation 112187259126294
Capital Expenditure -104-78-93-90-58
Net PPE 555547437271235

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -205225362424
New Purchases -----
Intangible and Goodwill 205225362424422

The Toro 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 Toro 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.