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About

Mispricing Customer Lifetime Value leads to overspending on acquisition or underinvesting in retention. Both errors erode margin. This calculator implements three standard models: the Simple model multiplies average purchase value (APV) by frequency (f) and lifespan (T); the Traditional model divides gross-margin-weighted ARPU by churn rate (c); the Discounted model applies a net-present-value summation over N periods using a discount rate (d) and per-period retention probability. Results diverge significantly when retention is below 80%. The discounted model is the only one that accounts for the time value of money and is preferred for SaaS and subscription businesses with contract lengths exceeding 12 months.

Limitation: all three models assume stationary behavior. They do not capture cohort-level shifts in spending or seasonal churn spikes. For businesses with variable pricing tiers, use the weighted-average revenue per user. Pro tip: always cross-check your churn denominator. Monthly churn of 5% compounds to annual churn of roughly 46%, not 60%. Confusing the two will inflate your CLTV by a factor of two or more.

cltv calculator customer lifetime value ltv calculator churn rate retention rate discounted cash flow arpu gross margin saas metrics

Formulas

Model 1 - Simple CLTV

CLTV = APV × f × T

Where APV = average purchase value, f = average purchase frequency (per period), and T = average customer lifespan in the same period unit.

Model 2 - Traditional CLTV

CLTV = ARPU × GMc

Where ARPU = average revenue per user per period, GM = gross margin as a decimal (0 - 1), and c = churn rate per period. Implied lifespan is 1c.

Model 3 - Discounted CLTV (DCF)

CLTV = Nt=1 ARPU × GM × rt(1 + d)t

Where r = retention rate per period (1 c), d = discount rate per period, and N = projection horizon in periods. This model converges as r < 1 and produces a present-value-adjusted figure that accounts for the time cost of capital.

Auxiliary: Churn ↔ Retention Conversion

c = 1 r r = 1 c T = 1c

Reference Data

Industry / SegmentAvg. Monthly ChurnImplied LifespanTypical Gross MarginCLTV Range
Enterprise SaaS0.5%200 months80%$50,000 - $500,000
SMB SaaS3 - 5%20 - 33 months75%$1,000 - $10,000
E-commerce (General)7 - 10%10 - 14 months30 - 50%$100 - $1,500
E-commerce (Luxury)4 - 6%17 - 25 months50 - 65%$2,000 - $20,000
Subscription Box8 - 12%8 - 12 months40 - 55%$80 - $500
Streaming Media3 - 5%20 - 33 months55 - 65%$150 - $600
Mobile Gaming15 - 25%4 - 7 months70 - 85%$5 - $50
Insurance1 - 2%50 - 100 months15 - 25%$3,000 - $30,000
Banking (Retail)0.8 - 1.5%67 - 125 months20 - 35%$5,000 - $50,000
Telecom1.5 - 3%33 - 67 months55 - 65%$2,000 - $8,000
Fitness / Gym4 - 7%14 - 25 months60 - 75%$400 - $2,500
Online Education5 - 8%12 - 20 months70 - 85%$200 - $3,000
Food Delivery10 - 15%7 - 10 months15 - 25%$30 - $300
Professional Services2 - 4%25 - 50 months50 - 70%$5,000 - $100,000
Automotive (Dealership)1 - 2%50 - 100 months10 - 20%$10,000 - $80,000

Frequently Asked Questions

Monthly churn does not scale linearly. A monthly churn of 5% yields annual churn of 1 − (1 − 0.05)^12 ≈ 46%, not 60%. Using the wrong conversion inflates CLTV by roughly 30-100%. Always compound: annual churn = 1 − (1 − monthly churn)^12.
Use the Discounted (DCF) model when the customer lifespan exceeds 12 months or when your cost of capital is material (above 5% annually). The Traditional model treats a dollar received in year 5 identically to a dollar received today, which overstates value. For SaaS with multi-year contracts and venture-backed companies tracking IRR, the discounted model is the correct choice.
Use your company's weighted average cost of capital (WACC). For most SaaS companies, this ranges from 8-15% annually (roughly 0.67-1.25% monthly). If WACC is unknown, a common proxy is 10% annual. Convert to the same period as your churn rate: monthly discount = (1 + annual rate)^(1/12) − 1.
Revenue-based CLTV ignores the cost to serve each customer. A customer generating $100/month ARPU with 20% gross margin contributes only $20/month of gross profit. Two businesses with identical ARPU but different margins (e.g., 80% SaaS vs. 25% food delivery) will have CLTV differing by a factor of 3.2. Always use margin-weighted figures when comparing across segments.
The industry benchmark is CLTV:CAC ≥ 3:1. Below 1:1, each customer acquired destroys value. Between 1:1 and 3:1, the business is viable but fragile. Use this calculator to find CLTV, then divide by your Customer Acquisition Cost. If the ratio is below 3, either reduce CAC or improve retention (which directly increases CLTV in all three models).
The Traditional model assumes no time value of money - it sums all future margin contributions at face value. The Discounted model divides each period's contribution by (1 + d)^t, which shrinks distant cash flows. At 10% annual discount and 95% monthly retention, the Discounted CLTV is typically 15-40% lower than the Traditional CLTV. The gap widens with longer lifespans and higher discount rates.