Discounted Cash Flow
Delta AIR Lines, 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 | $39.6b | $4.4b | $5.5b | 11.0% | $5.82 |
| 2017 | $41.2b (4.0%) | $3.6b (-18.2%) | $4.2b (-23.2%) | 8.7% (-21.4%) | $4.97 (-14.6%) |
| 2018 | $44.4b (7.7%) | $3.9b (10.0%) | $6.9b (62.7%) | 8.9% (2.1%) | $5.69 (14.5%) |
| 2019 | $47.0b (5.8%) | $4.8b (21.1%) | $8.4b (22.7%) | 10.1% (14.5%) | $7.32 (28.6%) |
| 2020 | $17.1b (-63.6%) | $-12.4b (-359.8%) | $-3.8b (-145.0%) | -72.4% (-814.4%) | $-19.49 (-366.3%) |
| 2021 | $29.9b (74.9%) | $280.0m (102.3%) | $3.3b (186.1%) | 0.9% (101.3%) | $0.44 (102.3%) |
| 2022 | $50.6b (69.2%) | $1.3b (370.7%) | $-3.0m (-100.1%) | 2.6% (178.2%) | $2.07 (370.5%) |
| 2023 | $58.0b (14.8%) | $4.6b (249.7%) | $1.1b (38133.3%) | 7.9% (204.7%) | $7.21 (248.3%) |
| 2024 | $61.6b (6.2%) | $3.5b (-25.0%) | $2.9b (152.8%) | 5.6% (-29.4%) | $5.39 (-25.2%) |
| 2025 | $63.4b (2.8%) | $5.0b (44.8%) | $3.8b (33.2%) | 7.9% (40.8%) | $7.72 (43.2%) |
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): —
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.