Discounted Cash Flow

Abbvie Inc.

ABBV · Based on 10 years of SEC filings

DCF estimate unavailable — no_upward_trend_net_income_yr1_11542000000.0_gte_yrN_4226000000.0_window_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $25.6b $6.0b $6.6b 23.2% $3.65
2017 $28.2b (10.1%) $5.3b (-10.8%) $9.4b (43.7%) 18.8% (-19.0%) $3.31 (-9.3%)
2018 $32.8b (16.1%) $5.7b (7.1%) $12.8b (35.6%) 17.4% (-7.7%) $3.67 (10.9%)
2019 $33.3b (1.6%) $7.9b (38.6%) $12.8b (-0.1%) 23.7% (36.5%) $5.30 (44.4%)
2020 $45.8b (37.7%) $4.6b (-41.4%) $16.8b (31.5%) 10.1% (-57.5%) $2.73 (-48.5%)
2021 $56.2b (22.7%) $11.5b (150.0%) $22.0b (31.0%) 20.5% (103.8%) $6.48 (137.4%)
2022 $58.1b (3.3%) $11.8b (2.5%) $24.2b (10.3%) 20.4% (-0.7%) $6.65 (2.6%)
2023 $54.3b (-6.4%) $4.9b (-58.9%) $22.1b (-9.0%) 9.0% (-56.1%) $2.73 (-58.9%)
2024 $56.3b (3.7%) $4.3b (-12.0%) $17.8b (-19.2%) 7.6% (-15.2%) $2.40 (-12.1%)
2025 $61.2b (8.6%) $4.2b (-1.2%) $17.8b (-0.1%) 6.9% (-9.0%) $2.37 (-1.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

no_upward_trend_net_income_yr1_11542000000.0_gte_yrN_4226000000.0_window_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.