What is Schwab Charles Corp worth?
With the base-case assumptions below, a discounted cash flow model on Schwab Charles Corp's reported free cash flow gives $169.95 per share. The share price was $99.03 on September 25, 2026, 42% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $107.15 | +8% |
| Base | 15.0% | 9.0% | $169.95 | +72% |
| Bull | 20.0% | 8.0% | $286.89 | +190% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $217.50 | $232.32 | $250.44 | $273.09 | $302.21 |
| 8.0% | $181.78 | $191.39 | $202.75 | $216.39 | $233.05 |
| 9.0% | $155.79 | $162.36 | $169.95 | $178.80 | $189.25 |
| 10.0% | $136.08 | $140.76 | $146.06 | $152.11 | $159.10 |
| 11.0% | $120.66 | $124.09 | $127.92 | $132.23 | $137.11 |
Where the presets come from
Base: years 1 to 5 grow at Schwab Charles Corp's revenue growth rate over the last 5 fiscal years (15.4% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions