Discounted Cash Flow
Caterpillar Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $35.8b | $-67.0m | $4.7b | -0.2% | $-0.11 |
| 2017 | $42.7b (19.3%) | $754.0m (1225.4%) | $4.5b (-3.6%) | 1.8% (1043.3%) | $1.27 (1254.5%) |
| 2018 | $54.7b (28.2%) | $6.1b (715.3%) | $5.6b (23.9%) | 11.2% (535.8%) | $10.39 (718.1%) |
| 2019 | $53.8b (-1.7%) | $6.1b (-0.9%) | $5.8b (2.4%) | 11.3% (0.8%) | $10.85 (4.4%) |
| 2020 | $41.7b (-22.4%) | $3.0b (-50.8%) | $5.3b (-7.1%) | 7.2% (-36.6%) | $5.51 (-49.2%) |
| 2021 | $51.0b (22.1%) | $6.5b (116.4%) | $6.1b (14.1%) | 12.7% (77.3%) | $11.93 (116.5%) |
| 2022 | $59.4b (16.6%) | $6.7b (3.3%) | $6.5b (6.0%) | 11.3% (-11.4%) | $12.72 (6.6%) |
| 2023 | $67.1b (12.8%) | $10.3b (54.1%) | $11.3b (74.5%) | 15.4% (36.6%) | $20.24 (59.1%) |
| 2024 | $64.8b (-3.4%) | $10.8b (4.4%) | $10.0b (-11.0%) | 16.7% (8.0%) | $22.17 (9.5%) |
| 2025 | $67.6b (4.3%) | $8.9b (-17.7%) | $8.9b (-11.2%) | 13.1% (-21.1%) | $18.90 (-14.7%) |
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): —
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.