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Blend Labs BLND Return on equity

Return on equity at other companies

Intercontinental Exchange logo
Intercontinental ExchangeICE
13.7%+3.4pp
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1.3%+0.8pp
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Primis Financial Corp.FRST
15.9%+13.0pp
PCB Bancorp logo
PCB BancorpPCB
10.5%+2.5pp
Bridgewater Bancshares, Inc. logo
Bridgewater Bancshares, Inc.BWB
10.8%+4.9pp
California BanCorp logo
California BanCorpBCAL
10.8%+6.6pp

Other financials

Income statement

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Revenue$30.8M+14.9%
Gross profit$23.4M+23.0%
Operating income-$5.1M+36.6%
Net income-$8.0M+15.4%
EPS (diluted)-$0.05+16.7%

Balance sheet

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Cash & equivalents$39.4M-35.7%
Total debt$1.4M-20.8%
Total equity-$55.9M-226%
Total assets$161.3M-14.0%

Cash flow

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Operating cash flow$7.4M-63.5%
CapEx$1.1M-74.1%
Free cash flow$6.2M-60.5%

Valuation

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Market cap$392.23M-52.3%
Enterprise value$354.22M-53.5%
P/S3.1×-3.8×

Profitability

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Gross margin74.9%+2.3pp
Operating margin-14.7%-5.0pp
Net margin-4.2%-1.9pp
FCF margin-7.6%-8.9pp

Returns & leverage

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Debt / equity36.8×+35.5×
Current ratio1.8×-0.6×

Where this comes from

Calculated from Blend Labs’s reported figures.

Based on trailing twelve months.

The official record: Blend Labs’s 10-Q, filed November 6, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blend Labs's return on equity?
Blend Labs (BLND) reported return on equity of -251.8% in Q3 2023.
How has Blend Labs's return on equity changed year-over-year?
Blend Labs's return on equity decreased by 77.8% year-over-year, from -141.6% to -251.8%.
What is the long-term trend for Blend Labs's return on equity?
Over 2 years (2020 to 2022), Blend Labs's return on equity has grown at a 79.1% compound annual growth rate (CAGR), from -50% to -160.4%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.