Discounted Cash Flow

Keycorp /New/

KEY · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2024

Average annual growth rates

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

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 $5.0b $791.0m $1.7b 15.7% $0.81
2017 $6.3b (25.6%) $1.3b (63.8%) $1.8b (7.5%) 20.5% (30.5%) $1.14 (40.7%)
2018 $6.4b (1.8%) $1.9b (44.0%) $2.5b (38.1%) 29.0% (41.4%) $1.73 (51.8%)
2019 $6.4b (-0.9%) $1.7b (-8.0%) $2.9b (16.0%) 27.0% (-7.2%) $1.63 (-5.8%)
2020 $6.7b (5.4%) $1.3b (-21.8%) $1.7b (-42.4%) 20.0% (-25.8%) $1.28 (-21.5%)
2021 $7.3b (8.2%) $2.6b (95.5%) $1.2b (-31.1%) 36.1% (80.7%) $2.65 (107.0%)
2022 $7.2b (-0.3%) $1.9b (-27.0%) $4.4b (278.2%) 26.5% (-26.8%) $1.94 (-26.8%)
2023 $6.4b (-11.9%) $967.0m (-49.6%) $2.8b (-36.7%) 15.1% (-42.7%) $0.89 (-54.1%)
2024 $4.6b (-28.3%) $-161.0m (-116.6%) $599.0m (-78.3%) -3.5% (-123.2%) $-0.32 (-136.0%)
2025 $7.5b (63.5%) $1.8b (1236.0%) $2.1b (250.8%) 24.5% (794.9%) $1.53 (578.1%)

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

loss_in_2024

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