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BlackLine BL Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin75.4%+0.1pp75.2%0.0pp75.3%+0.1pp75.4%0.0pp75.3%0.0pp
Operating margin3.9%+0.9pp3.6%+0.8pp3.6%-0.3pp3.8%+1.3pp3.1%-2.1pp
Net margin3.7%-19.9pp3.5%-21.2pp11.1%-8.8pp13.1%-6.4pp23.6%+11.2pp
Returns
Return on equity7.3%-37.5pp6.3%-39.3pp21.8%-21.6pp23.8%-24.6pp44.8%+6.7pp
Return on invested capital10.8%+1.0pp9.9%
Efficiency
Asset turnover0.4×+0.1×0.4×+0.1×0.4×+0.1×0.4×0.0×0.3×0.0×
Liquidity
Current ratio1.7×0.0×1.5×-1.1×1.5×-1.2×1.6×-0.3×1.7×-0.6×
Leverage
Debt-to-equity0.1×-0.5×0.8×+0.7×0.8×+0.7×0.6×-0.2×0.6×-0.3×
Net debt / EBITDA-2.9×+0.3×-1.9×+10.6×-2.3×+6.9×-2.8×+2.5×-3.2×-2.4×
Per Share
Book value per share$4.38-32.0%$5.04-17.0%$5.19+4.4%$6.47+44.0%$6.45+67.9%
Valuation
Market capitalization$2.2B-27.8%$3.29B-13.4%$3.29B-4.1%$3.54B+18.1%$3.05B-23.5%
Price / earnings82.9×+63.4×134.1×+111×43.2×+16.2×40.2×+15.5×19.5×-33.2×
Price / sales3.1×-1.5×4.7×-1.1×4.8×-0.6×5.2×+0.4×4.6×-2.0×
Price / book7.2×-0.1×9.9×+1.4×10×+0.7×8.5×-0.7×7.3×-7.0×
EV / EBITDA26.3×-14.4×43.7×+1.1×43.5×+7.7×45.2×+5.6×40.7×-7.1×

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Questions, answered.

What are BlackLine's profit margins?
BlackLine (BL) runs a 75.4% gross margin and a 3.9% operating margin, with a 3.7% net margin.
Where do BlackLine's ratios come from?
Every ratio is computed from BlackLine's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.