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Block XYZ Cash ratio

Cash ratio at other companies

Shopify logo
ShopifySHOP
1.3×+0.7×
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PayPal Holdings, Inc.PYPL
0.5×+0.3×
Coinbase Global, Inc. logo
Coinbase Global, Inc.COIN
1.1×-0.8×
Global Payments logo
Global PaymentsGPN
0.4×0.0×
Corpay logo
CorpayCPAY
0.2×0.0×

Other financials

Income statement

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Revenue$6.1B+4.9%
Gross profit$2.9B+27.1%
Operating income-$172.0M-152%
Net income-$308.7M-263%
EPS (diluted)-$0.52-273%

Balance sheet

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Cash & equivalents$13.5B+3.1%
Total debt$6.0B+10.9%
Total equity$21.7B+1.2%
Total assets$40.0B+9.9%

Cash flow

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Operating cash flow$965.6M+624%
CapEx$30.6M-4.1%
Free cash flow$935.0M+822%

Valuation

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Market cap$43.35B+7.1%
Enterprise value$35.87B+9.9%
P/E53.7×+38.2×
P/S1.8×+0.1×

Profitability

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Gross margin44.9%+6.9pp
Operating margin4.9%+0.9pp
Net margin3.3%-7.6pp

Returns & leverage

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Return on equity3.7%-9.2pp
Debt / equity0.3×0.0×
Current ratio-0.3×

Where this comes from

Calculated from Block’s reported figures.

Based on the most recent quarter.

The official record: Block’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Block's cash ratio?
Block (XYZ) reported cash ratio of 1.1× in Q1 2026.
How has Block's cash ratio changed year-over-year?
Block's cash ratio decreased by 25.2% year-over-year, from 1.5× to 1.1×.
What is the long-term trend for Block's cash ratio?
Over 4 years (2021 to 2025), Block's cash ratio has grown at a 3.8% compound annual growth rate (CAGR), from 4.6× to 5.3×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.