Projected Income Statement: Block, Inc.

Forecast Balance Sheet: Block, Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -601 -1,266 -754 -1,056 -1,979 -3,067 -4,917 -7,351
Change - -310.65% -159.56% -240.05% -287.41% -254.95% -260.32% -249.5%
Announcement Date 2/26/20 2/23/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million
Estimates

Cash Flow Forecast: Block, Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 62.5 138.4 134.3 170.8 151.2 199.7 238.4 267.4
Change - 121.45% -2.95% 27.17% -11.51% 32.15% 19.35% 12.14%
Free Cash Flow (FCF) 1 403.2 243.2 713.5 5.088 -50.19 2,519 2,993 3,450
Change - -39.68% 193.38% -99.29% -1,086.44% -5,117.95% 18.85% 15.26%
Announcement Date 2/26/20 2/23/21 2/24/22 2/23/23 2/22/24 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Block, Inc.

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 18.33% 4.99% 5.74% 5.65% 8.18% 12.31% 13.75% 15.36%
EBIT Margin (%) 1.17% -0.2% 0.91% -3.56% -1.27% 4.7% 7% 8.8%
EBT Margin (%) 16.63% 2.27% 0.89% -3.22% -0.13% 5.61% 7.41% 9.27%
Net margin (%) 16.5% 2.24% 0.94% -3.08% 0.04% 4.85% 6.24% 7.74%
FCF margin (%) 17.73% 2.56% 4.04% 0.03% -0.23% 10.32% 11.02% 11.44%
FCF / Net Income (%) 107.39% 114.12% 429.09% -0.94% -513.61% 212.91% 176.58% 147.92%

Profitability

        
ROA 11.18% 5.83% 7.49% -2.33% 3.44% 2.59% 6.08% 5.1%
ROE 27.03% 19.12% 29.94% 5.93% 6.28% 10.96% 12.95% 14.23%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 2.75% 1.46% 0.76% 0.97% 0.69% 0.82% 0.88% 0.89%
CAPEX / EBITDA (%) 14.99% 29.19% 13.25% 17.24% 8.43% 6.65% 6.38% 5.77%
CAPEX / FCF (%) 15.5% 56.91% 18.83% 3,357.21% -301.16% 7.93% 7.97% 7.75%

Items per share

        
Cash flow per share 1 0.9992 0.7523 1.69 0.3038 0.1644 3.353 5.426 6.473
Change - -24.71% 124.6% -82.02% -45.89% 1,939.4% 61.83% 19.29%
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 3.533 5.84 7.039 28.75 30.45 32.14 36.33 41.03
Change - 65.28% 20.54% 308.42% 5.91% 5.57% 13.03% 12.94%
EPS 1 0.81 0.44 0.33 -0.93 0.02 1.911 2.649 3.653
Change - -45.68% -25% -381.82% -102.15% 9,454.35% 38.65% 37.86%
Nbr of stocks (in thousands) 429,681 450,937 461,276 598,071 617,599 568,730 568,730 568,730
Announcement Date 2/26/20 2/23/21 2/24/22 2/23/23 2/22/24 - - -
1USD
Estimates
2024 *2025 *
P/E ratio 45x 32.5x
PBR 2.68x 2.37x
EV / Sales 1.88x 1.62x
Yield - -
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
BB
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
45
Last Close Price
86.08USD
Average target price
99.91USD
Spread / Average Target
+16.06%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. XYZ Stock
  4. Financials Block, Inc.