Financial Statements

Woodward, Inc. (WWD)


-0.91 (-0.91%)
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) 2,4282,2251,9671,820-
Net Income 209240260180201
Stock Dividends -038-1,650
Dividend Paid -36-38-39-34-30
Retained Earnings 2,6012,4282,2251,9671,820

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 9971,0591,060922-
Annual Depreciation -9-14982651,014
Capital Expenditure -38-47-99-127-92
Net PPE 9519971,0591,060922

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -557813798808
New Purchases -9-9-27-13-14
Intangible and Goodwill 557813798808805

Woodward, 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 Woodward, 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.