Discounted Cash Flow

Riot Platforms, Inc.

RIOT · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

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 $9.4k $-4.3m $-5.6m -45378.5% $-1.05
2017 $96.7k (927.0%) $-19.8m (-364.5%) $-4.4m (20.1%) -20523.6% (54.8%) $-3.30 (-214.3%)
2018 $7.8m (8013.2%) $-58.0m (-192.3%) $-39.2m (-783.9%) -739.4% (96.4%) $-4.33 (-31.2%)
2019 $6.8m (-12.9%) $-20.0m (65.5%) $-21.8m (44.4%) -293.1% (60.4%) $-1.02 (76.4%)
2020 $12.1m (76.7%) $-12.7m (36.8%) $-19.3m (11.6%) -104.9% (64.2%) $-0.34 (66.7%)
2021 $213.2m (1665.1%) $-7.9m (37.5%) $-7.9m (58.9%) -3.7% (96.5%) $-0.08 (76.5%)
2022 $259.2m (21.5%) $-509.6m (-6328.9%) $-147.9m (-1765.8%) -196.6% (-5189.6%) $-3.65 (-4462.5%)
2023 $280.7m (8.3%) $-49.5m (90.3%) $-160.6m (-8.6%) -17.6% (91.0%) $-0.28 (92.3%)
2024 $376.7m (34.2%) $109.4m (321.1%) $-495.4m (-208.4%) 29.0% (264.8%) $0.40 (242.9%)
2025 $647.4m (71.9%) $-663.2m (-706.2%) $-774.3m (-56.3%) -102.4% (-452.7%) $-1.95 (-587.5%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

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

No positive free cash flow in recent history — company has not generated positive FCF

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