BlackLine BL Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 75.2%0.0pp | 75.2%+0.1pp | 75.1%-0.1pp | 75.3%-1.8pp | |
| Operating margin | 3.6%+0.8pp | 2.8%+0.4pp | 2.4%+13.8pp | -11.4%-2.3pp | |
| Net margin | 3.5%-21.2pp | 24.7%+15.7pp | 9%— | —— | |
| EBITDA margin | 10.3%-0.3pp | 10.5%-0.4pp | 10.9%+14.1pp | -3.2%-0.5pp | |
| Free cash flow margin | 23.1%-5.8pp | 28.9%+8.4pp | 20.5%+11.8pp | 8.6%-8.2pp | |
| Returns | |||||
| Return on equity | 6.3%-39.3pp | 45.6%+17.2pp | 28.3%— | —— | |
| Return on assets | 1.4%-6.8pp | 8.2%+5.6pp | 2.6%— | —— | |
| Efficiency | |||||
| Asset turnover | 0.4×+0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Liquidity | |||||
| Current ratio | 1.5×-1.1× | 2.6×+0.4× | 2.2×-1.2× | 3.4×-0.8× | |
| Quick ratio | 1.5×-1.1× | 2.6×+0.4× | 2.2×-1.2× | 3.4×-0.8× | |
| Cash ratio | 0.6×-1.5× | 2.1×+1.7× | 0.4×-0.1× | 0.5×-1.1× | |
| Leverage | |||||
| Debt-to-equity | 0.8×+0.7× | 0.1×-1.0× | 1×+0.9× | 0.2×+0.1× | |
| Debt-to-assets | 0.1×+0.1× | 0×-0.1× | 0.1×+0.1× | 0×0.0× | |
| Net debt / EBITDA | -1.9×+10.6× | -12.5×-12.5× | -0×— | —— | |
| Interest coverage | 2.5×+0.4× | 2.1×-0.3× | 2.4×+12.6× | -10.2×-9.6× | |
| Per Share | |||||
| Book value per share | $5.04-17.0% | $6.08+67.8% | $3.62+92.7% | $1.88-66.3% | |
| Valuation | |||||
| Market capitalization | $3.29B-13.4% | $3.8B-0.8% | $3.83B-4.9% | $4.02B-33.8% | |
| Enterprise value | $3.15B+7.5% | $2.93B-23.3% | $3.82B-0.3% | $3.84B-30.9% | |
| Price / earnings | 134.1×+111× | 23.6×-48.9× | 72.4×— | —— | |
| Price / sales | 4.7×-1.1× | 5.8×-0.7× | 6.5×-1.2× | 7.7×-6.6× | |
| Price / book | 9.9×+1.4× | 8.5×-6.2× | 14.7×-21.3× | 35.9×+17.3× | |
| EV / EBITDA | 43.7×+1.1× | 42.6×-16.7× | 59.4×— | —— | |
| EV / sales | 4.5×0.0× | 4.5×-2.0× | 6.5×-0.9× | 7.3×-5.7× | |
| Free cash flow yield | 4.9%-0.1pp | 5%+1.8pp | 3.2%+2.0pp | 1.1%-0.1pp | |
| Earnings yield | 0.7%-3.5pp | 4.2%+2.9pp | 1.4%— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.