Discounted Cash Flow
Marsh & McLennan Companies, 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 | $13.2b | $27.0m | $1.8b | 0.2% | $3.41 |
| 2017 | $14.0b (6.2%) | $20.0m (-25.9%) | $1.6b (-9.3%) | 0.1% (-30.2%) | $2.91 (-14.7%) |
| 2018 | $14.9b (6.6%) | $20.0m (0.0%) | $2.1b (32.9%) | 0.1% (-6.2%) | $3.26 (12.0%) |
| 2019 | $16.7b (11.4%) | $31.0m (55.0%) | $1.9b (-8.2%) | 0.2% (39.2%) | $3.44 (5.5%) |
| 2020 | $17.2b (3.4%) | $30.0m (-3.2%) | $3.0b (56.4%) | 0.2% (-6.4%) | $3.98 (15.7%) |
| 2021 | $19.8b (15.1%) | $31.0m (3.3%) | $3.1b (2.5%) | 0.2% (-10.2%) | $6.20 (55.8%) |
| 2022 | $20.7b (4.5%) | $37.0m (19.4%) | $3.0b (-3.7%) | 0.2% (14.2%) | $6.11 (-1.5%) |
| 2023 | $22.7b (9.7%) | $46.0m (24.3%) | $3.8b (28.3%) | 0.2% (13.3%) | $7.60 (24.4%) |
| 2024 | $24.5b (7.6%) | $57.0m (23.9%) | $4.0b (3.7%) | 0.2% (15.2%) | $8.26 (8.7%) |
| 2025 | $27.0b (10.3%) | $74.0m (29.8%) | $5.0b (25.5%) | 0.3% (17.7%) | $8.48 (2.7%) |
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): —
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.