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Blackbaud BLKB Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin59.2%+3.7pp58.8%+4.1pp57.6%+3.3pp56.4%+1.8pp55.5%+1.1pp
Operating margin19.5%+42.6pp16.9%+40.4pp-20.8%-32.1pp-21.8%-31.5pp-23.1%-29.3pp
Net margin12.4%+38.8pp10.2%+36.1pp-23.6%-28.3pp-26.1%-29.9pp-26.4%-28.6pp
EBITDA margin27%+40.2pp24.5%+37.5pp-12.4%-34.1pp-12.7%-32.6pp-13.2%-29.4pp
Free cash flow margin26.9%+7.3pp22.8%-2.1pp24.3%+5.6pp21.3%+0.4pp19.6%-2.0pp
Returns
Return on equity545%+655pp108.5%+172pp-82.1%-90.1pp-91.4%-98.0pp-109.7%-114pp
Return on assets6.7%+19.7pp4.7%+15.8pp-11.4%-13.4pp-10.5%-11.9pp-13%-14.0pp
Return on invested capital24.8%+51.2pp38.1%+78.6pp-25.6%-31.9pp-43.9%-51.0pp-26.4%-29.6pp
Efficiency
Asset turnover0.5×0.0×0.5×0.0×0.5×0.0×0.4×0.0×0.5×+0.1×
Liquidity
Current ratio0.7×0.0×0.8×0.0×0.7×0.0×0.8×0.0×0.7×+0.1×
Quick ratio0.7×0.0×0.8×0.0×0.7×0.0×0.8×0.0×0.7×+0.1×
Cash ratio0.5×0.0×0.6×0.0×0.5×0.0×0.7×0.0×0.5×+0.1×
Leverage
Debt-to-equity34.6×-34.6×13.1×+4.3×9.9×+8.0×16×+14.2×69.2×+67.2×
Debt-to-assets0.6×0.0×0.5×0.0×0.5×+0.1×0.4×+0.1×0.6×+0.1×
Net debt / EBITDA2.4×1.3×
Interest coverage3.3×+7.6×2.8×+7.7×-3.5×-6.2×-3.8×-6.3×-4.3×-6.0×
Per Share
Book value per share$0.75+111%$1.75-30.1%$2.23-78.9%$1.51-86.5%$0.35-96.5%
Valuation
Market capitalization$1.27B-57.5%$3.03B-19.2%$3.12B-28.6%$3.13B-20.5%$3.06B-22.9%
Enterprise value$2.01B-46.2%$3.39B-16.5%$3.73B-24.6%$3.38B-18.8%$3.81B-18.4%
Price / earnings8.9×26.3×
Price / sales1.1×-1.5×2.7×-0.6×2.7×-1.1×2.7×-0.7×2.7×-0.9×
Price / book36.7×-134×35.6×+6.1×28.8×+20.8×43×+36.2×174.8×+167×
EV / EBITDA6.5×12.2×
EV / sales1.8×-1.5×-0.5×3.3×-1.0×-0.7×3.3×-0.8×
Free cash flow yield24.2%+16.7pp8.5%+0.8pp8.9%+3.9pp7.8%+1.7pp7.4%+1.2pp
Earnings yield11.2%+21.3pp3.8%+11.8pp-8.6%-9.8pp-9.5%-10.6pp-9.9%-10.5pp

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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.