Financial Statements

Valvoline Inc. (VVV)


+0.36 (+1.23%)
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) -110-284-399-167-
Net Income 420317208166304
Stock Dividends -219-59-13-340-431
Dividend Paid -91-84-80-58-40
Retained Earnings --110-284-399-167

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 874498420391-
Annual Depreciation 394527186122459
Capital Expenditure -144-151-108-93-68
Net PPE 1,124874498420391

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -330381430445
New Purchases -----
Intangible and Goodwill 330381430445-

Valvoline 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 Valvoline 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.