BlackLine BL Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 75.4%+0.1pp | 75.2%0.0pp | 75.3%+0.1pp | 75.4%0.0pp | 75.3%0.0pp | |
| Operating margin | 3.9%+0.9pp | 3.6%+0.8pp | 3.6%-0.3pp | 3.8%+1.3pp | 3.1%-2.1pp | |
| Net margin | 3.7%-19.9pp | 3.5%-21.2pp | 11.1%-8.8pp | 13.1%— | 23.6%— | |
| Returns | ||||||
| Return on equity | 7.3%-37.5pp | 6.3%-39.3pp | 21.8%-21.6pp | 23.8%— | 44.8%— | |
| Efficiency | ||||||
| Asset turnover | 0.4×+0.1× | 0.4×+0.1× | 0.4×+0.1× | 0.4×0.0× | 0.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.7×0.0× | 1.5×-1.1× | 1.5×-1.2× | 1.6×-0.3× | 1.7×-0.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×-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 / earnings | 82.9×+63.4× | 134.1×+111× | 43.2×+16.2× | 40.2×— | 19.5×— | |
| Price / sales | 3.1×-1.5× | 4.7×-1.1× | 4.8×-0.6× | 5.2×+0.4× | 4.6×-2.0× | |
| Price / book | 7.2×-0.1× | 9.9×+1.4× | 10×+0.7× | 8.5×-0.7× | 7.3×-7.0× | |
| EV / EBITDA | 26.3×-14.4× | 43.7×+1.1× | 43.5×+7.7× | 45.2×+5.6× | 40.7×-7.1× |
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.
