Blackbaud BLKB Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 59.2%+0.4pp | 58.8%+1.2pp | 57.6%+1.2pp | 56.4%+0.9pp | 55.5%+0.8pp | |
| Operating margin | 19.5%+2.6pp | 16.9%+37.7pp | -20.8%+1.1pp | -21.8%+1.3pp | -23.1%+0.4pp | |
| Net margin | 12.4%+2.3pp | 10.2%+33.8pp | -23.6%+2.4pp | -26.1%+0.3pp | -26.4%-0.5pp | |
| Returns | ||||||
| Return on equity | 545%+436pp | 108.5%+191pp | -82.1%+9.3pp | -91.4%+18.3pp | -109.7%-45.8pp | |
| Return on invested capital | 24.8%-13.3pp | 38.1%+63.7pp | -25.6%+18.3pp | -43.9%-17.4pp | -26.4%+14.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.1× | 0.5×0.0× | 0.5×+0.1× | 0.4×-0.1× | 0.5×+0.1× | |
| Liquidity | ||||||
| Current ratio | 0.7×0.0× | 0.8×+0.1× | 0.7×-0.1× | 0.8×+0.1× | 0.7×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 34.6×+21.4× | 13.1×+3.2× | 9.9×-6.1× | 16×-53.2× | 69.2×+60.4× | |
| Net debt / EBITDA | 2.4×+1.1× | 1.3×— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $0.75-57.5% | $1.75-21.3% | $2.23+48.0% | $1.51+326% | $0.35-85.9% | |
| Valuation | ||||||
| Market capitalization | $1.27B-57.5% | $3.03B-2.9% | $3.12B-0.2% | $3.13B+2.3% | $3.06B-18.5% | |
| Price / earnings | 8.9×— | 26.3×— | —— | —— | —— | |
| Price / sales | 1.1×-1.5× | 2.7×-0.1× | 2.7×0.0× | 2.7×+0.1× | 2.7×-0.6× | |
| Price / book | 36.7×-134× | 35.6×+6.8× | 28.8×-14.1× | 43×-132× | 174.8×+145× | |
| EV / EBITDA | 6.5×— | 12.2×— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Blackbaud's profit margins?
- Blackbaud (BLKB) runs a 59.2% gross margin and a 19.5% operating margin, with a 12.4% net margin.
- Where do Blackbaud's ratios come from?
- Every ratio is computed from Blackbaud'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.
