Skip to content

BlackLine BL Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin75.2%0.0pp75.2%+0.1pp75.1%-0.1pp75.3%-1.8pp
Operating margin3.6%+0.8pp2.8%+0.4pp2.4%+13.8pp-11.4%-2.3pp
Net margin3.5%-21.2pp24.7%+15.7pp9%
EBITDA margin10.3%-0.3pp10.5%-0.4pp10.9%+14.1pp-3.2%-0.5pp
Free cash flow margin23.1%-5.8pp28.9%+8.4pp20.5%+11.8pp8.6%-8.2pp
Returns
Return on equity6.3%-39.3pp45.6%+17.2pp28.3%
Return on assets1.4%-6.8pp8.2%+5.6pp2.6%
Efficiency
Asset turnover0.4×+0.1×0.3×0.0×0.3×0.0×0.3×0.0×
Liquidity
Current ratio1.5×-1.1×2.6×+0.4×2.2×-1.2×3.4×-0.8×
Quick ratio1.5×-1.1×2.6×+0.4×2.2×-1.2×3.4×-0.8×
Cash ratio0.6×-1.5×2.1×+1.7×0.4×-0.1×0.5×-1.1×
Leverage
Debt-to-equity0.8×+0.7×0.1×-1.0×+0.9×0.2×+0.1×
Debt-to-assets0.1×+0.1×-0.1×0.1×+0.1×0.0×
Net debt / EBITDA-1.9×+10.6×-12.5×-12.5×-0×
Interest coverage2.5×+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 / earnings134.1×+111×23.6×-48.9×72.4×
Price / sales4.7×-1.1×5.8×-0.7×6.5×-1.2×7.7×-6.6×
Price / book9.9×+1.4×8.5×-6.2×14.7×-21.3×35.9×+17.3×
EV / EBITDA43.7×+1.1×42.6×-16.7×59.4×
EV / sales4.5×0.0×4.5×-2.0×6.5×-0.9×7.3×-5.7×
Free cash flow yield4.9%-0.1pp5%+1.8pp3.2%+2.0pp1.1%-0.1pp
Earnings yield0.7%-3.5pp4.2%+2.9pp1.4%

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.