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BlackLine BL Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin75.6%+0.2pp75.4%+0.1pp75.2%0.0pp75.3%+0.1pp75.4%0.0pp
Operating margin4.3%+0.5pp3.9%+0.9pp3.6%+0.8pp3.6%-0.3pp3.8%+1.3pp
Net margin4.7%-8.3pp3.7%-19.9pp3.5%-21.2pp11.1%-8.8pp13.1%-6.4pp
Returns
Return on equity9.5%-14.3pp7.3%-37.5pp6.3%-39.3pp21.8%-21.6pp23.8%-24.6pp
Return on invested capital12.1%10.8%+1.0pp
Efficiency
Asset turnover0.4×+0.1×0.4×+0.1×0.4×+0.1×0.4×+0.1×0.4×0.0×
Liquidity
Current ratio1.7×+0.1×1.7×0.0×1.5×-1.1×1.5×-1.2×1.6×-0.3×
Leverage
Debt-to-equity0.1×-0.5×0.1×-0.5×0.8×+0.7×0.8×+0.7×0.6×-0.2×
Net debt / EBITDA-2.8×0.0×-2.9×+0.3×-1.9×+10.6×-2.3×+6.9×-2.8×+2.5×
Per Share
Book value per share$4.61-28.7%$4.38-32.0%$5.04-17.0%$5.19+4.4%$6.47+44.0%
Valuation
Market capitalization$1.74B-46.2%$2.2B-27.8%$3.29B-13.4%$3.29B-4.1%$3.54B+18.1%
Price / earnings50.1×+13.3×82.9×+63.4×134.1×+111×43.2×+16.2×40.2×+15.5×
Price / sales2.4×-2.4×3.1×-1.5×4.7×-1.1×4.8×-0.6×5.2×+0.4×
Price / book5.5×-2.3×7.2×-0.1×9.9×+1.4×10×+0.7×8.5×-0.7×
EV / EBITDA19.1×-22.1×26.3×-14.4×43.7×+1.1×43.5×+7.7×45.2×+5.6×

FAQ

What are BlackLine's profit margins?
BlackLine (BL) runs a 75.6% gross margin and a 4.3% operating margin, with a 4.7% 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.