Financial Statements

Valmont Industries, Inc. (VMI)

$264.5

+6.28 (+2.43%)
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) 2,2452,1742,0281,954-
Net Income 19614115494116
Stock Dividends -2,399-3325131,872
Dividend Paid -41-37-33-34-34
Retained Earnings -2,2452,1742,0281,954

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 598558514519-
Annual Depreciation 10914614267574
Capital Expenditure -108-107-97-72-55
Net PPE 599598558514519

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -338385429430
New Purchases -----
Intangible and Goodwill 3383854294301,136

Valmont Industries, 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 Valmont Industries, 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.