Financial Statements

ABM Industries Incorporated (ABM)

$44.62

+0.21 (+0.47%)

Cash Flow Statement

All numbers are in thousands
Year XLSX
2023
XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
Operating Cash Flow 243,30020,400314,300457,500262,700
Net Income 251,300230,400126,300200127,500
Depreciation & Amortization 120,700112,40089,90096,400107,400
Deferred income taxes -4,90067,700-48,000-36,6009,700
Stock-based compensation 30,50030,50033,50020,30017,500
Change in working capital -110,100-407,000109,300173,000-8,500
Other non-cash items -44,200-13,6003,300204,2009,100
Investing Cash Flow -62,100-241,500-740,000-27,500-58,300
Investments in PPE -52,600-50,800-34,300-38,000-59,600
Acquisitions 2,900-194,600-710,2005,5001,300
Investment purchases -12,400-2,100--5,500-
Sales/Maturities of investments -2,900--5,000-
Other Investing Activites 2,9006,0004,5005,500-
Financing Cash Flow -186,300235,50092,400-94,100-184,800
Debt repayment -1,159,300-1,098,800-214,900-1,145,000-1,899,600
Dividends payments -57,500-51,900-51,000-49,300-47,700
Common Stock Repurchased -138,100-97,500-8,100-5,100-1,300
Common Stock Issuance 1,178,500-8,1001,199,4001,300
Other Financing Activites -9,9001,483,700358,300-94,1001,762,500
Accounts receivables -152,700-143,800-124,500141,400-78,300
Accounts payables -3,800-143,000265,700-53,50085,800
Inventory 41,400-124,500-141,400-19,900
Other working capital 5,000-120,200-156,400226,5003,900
Cash at beginning of period 73,00062,800394,20058,50039,100
Cash at end of period 69,50073,00062,800394,20058,500
Capital Expenditure -52,600-50,800-34,300-38,000-59,600
Effect of forex changes on cash 1,600-4,2001,900-200-200
Net cash flow / Change in cash -3,50010,200-331,400335,70019,400
Free Cash Flow 190,700-30,400280,000419,500203,100

ABM Industries Incorporated 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 ABM Industries Incorporated 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.