Discounted Cash Flow

Lumen Technologies, Inc.

LUMN · Based on 10 years of SEC filings

DCF estimate unavailable — only_3_profitable_out_of_10

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)
2016 $17.5b $626.0m $1.6b 3.6% $1.16
2017 $17.7b (1.1%) $1.4b (121.9%) $772.0m (-52.6%) 7.9% (119.5%) $2.21 (90.5%)
2018 $23.4b (32.8%) $-1.7b (-224.8%) $3.9b (399.6%) -7.4% (-194.0%) $-1.63 (-173.8%)
2019 $22.4b (-4.4%) $-5.3b (-204.0%) $3.1b (-20.9%) -23.5% (-218.2%) $-4.92 (-201.8%)
2020 $20.7b (-7.5%) $-1.2b (76.6%) $2.8b (-8.4%) -5.9% (74.7%) $-1.14 (76.8%)
2021 $19.7b (-4.9%) $2.0b (265.0%) $3.6b (28.8%) 10.3% (273.6%) $1.92 (268.4%)
2022 $17.5b (-11.2%) $-1.5b (-176.1%) $1.7b (-52.3%) -8.9% (-185.8%) $-1.54 (-180.2%)
2023 $14.6b (-16.7%) $-10.3b (-565.2%) $-940.0m (-154.7%) -70.7% (-698.7%) $-10.48 (-580.5%)
2024 $13.1b (-10.0%) $-55.0m (99.5%) $1.1b (217.2%) -0.4% (99.4%) $-0.06 (99.4%)
2025 $12.4b (-5.4%) $-1.7b (-3061.8%) $371.0m (-66.3%) -14.0% (-3241.8%) $-1.75 (-2816.7%)

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):

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_3_profitable_out_of_10

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