Discounted Cash Flow
LPL Financial Holdings 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 | $4.0b | $191.9m | $147.2m | 4.7% | $2.15 |
| 2017 | $4.3b (5.7%) | $238.9m (24.5%) | $331.9m (125.5%) | 5.6% (17.7%) | $2.65 (23.3%) |
| 2018 | $5.2b (21.2%) | $439.5m (84.0%) | $448.9m (35.3%) | 8.5% (51.8%) | $4.99 (88.3%) |
| 2019 | $5.6b (8.4%) | $559.9m (27.4%) | $467.5m (4.1%) | 10.0% (17.5%) | $6.78 (35.9%) |
| 2020 | $5.9b (4.4%) | $472.6m (-15.6%) | $634.4m (35.7%) | 8.0% (-19.1%) | $5.96 (-12.1%) |
| 2021 | $7.7b (31.5%) | $459.9m (-2.7%) | $237.1m (-62.6%) | 6.0% (-26.0%) | $5.75 (-3.5%) |
| 2022 | $8.6b (11.4%) | $845.7m (83.9%) | $1.6b (591.1%) | 9.8% (65.1%) | $10.60 (84.3%) |
| 2023 | $10.1b (16.9%) | $1.1b (26.1%) | $109.3m (-93.3%) | 10.6% (7.9%) | $13.88 (30.9%) |
| 2024 | $12.4b (23.2%) | $1.1b (-0.7%) | $-284.9m (-360.6%) | 8.5% (-19.4%) | $14.17 (2.1%) |
| 2025 | $17.0b (37.2%) | $863.0m (-18.5%) | $-981.8m (-244.6%) | 5.1% (-40.6%) | $10.97 (-22.6%) |
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.