Discounted Cash Flow

Twilio Inc.

TWLO · Based on 10 years of SEC filings

DCF estimate unavailable — only_1_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 $277.3m $-41.3m $-4.1m -14.9%
2017 $399.0m (43.9%) $-63.7m (-54.2%) $-12.5m (-206.3%) -16.0% (-7.2%)
2018 $650.1m (62.9%) $-121.9m (-91.4%) $3.3m (126.5%) -18.8% (-17.5%)
2019 $1.1b (74.5%) $-307.1m (-151.8%) $-2.0b (-61167.1%) -27.1% (-44.3%) $-2.36
2020 $1.8b (55.3%) $-491.0m (-59.9%) $6.8m (100.3%) -27.9% (-3.0%) $-3.35 (-41.9%)
2021 $2.8b (61.3%) $-949.9m (-93.5%) $-104.2m (-1622.0%) -33.4% (-19.9%) $-5.45 (-62.7%)
2022 $3.8b (34.6%) $-1.3b (-32.2%) $-334.6m (-220.9%) -32.8% (1.8%) $-6.86 (-25.9%)
2023 $4.2b (8.6%) $-1.0b (19.2%) $363.5m (208.7%) -24.4% (25.5%) $-5.54 (19.2%)
2024 $4.5b (7.3%) $-109.4m (89.2%) $657.5m (80.9%) -2.5% (90.0%) $-0.66 (88.1%)
2025 $5.1b (13.7%) $33.8m (130.9%) $945.4m (43.8%) 0.7% (127.2%) $0.22 (133.3%)

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_1_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.