Discounted Cash Flow

Robinhood Markets, Inc.

HOOD · Based on 10 years of SEC filings

DCF estimate unavailable — only_0_profitable_out_of_last_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)
2019 $377.7m $-106.6m $-106.6m -28.2% $-0.48
2020 $1.5b (297.5%) $7.4m (107.0%) $1.9b (1860.6%) 0.5% (101.8%) $0.03 (106.9%)
2021 $3.0b (97.2%) $-3.7b (-49589.0%) $-884.8m (-147.2%) -124.5% (-25199.9%) $-7.49 (-22789.8%)
2022 $1.7b (-41.0%) $-1.0b (72.1%) $-881.0m (0.4%) -58.8% (52.8%) $-1.17 (84.4%)
2023 $1.9b (7.1%) $0 (100.0%) $1.2b (231.9%) 0.0% (100.0%) $-0.61 (48.1%)
2024 $3.7b (96.8%) $0 $-194.0m (-116.7%) 0.0% $1.60 (363.7%)
2025 $5.9b (60.6%) $0 $1.6b (924.2%) 0.0% $2.12 (32.3%)

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

only_0_profitable_out_of_last_5

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