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Block XYZ Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin44.9%+6.9pp42.8%+6.0pp40.9%+4.8pp39.4%+4.3pp38%+3.5pp
Operating margin4.9%+0.9pp7.1%+3.4pp5.2%+2.0pp4.8%+3.1pp4.1%+4.2pp
Net margin3.3%-7.6pp5.4%-6.6pp13.1%+8.7pp12.4%+9.5pp10.9%+9.2pp
Returns
Return on equity3.7%-9.2pp6%-8.5pp14.8%+9.2pp14.3%+10.6pp12.9%+10.8pp
Return on invested capital6.5%-1.1pp9%+2.6pp9.1%+3.4pp8.7%+5.5pp7.6%+7.7pp
Efficiency
Asset turnover0.6×0.0×0.6×-0.1×0.6×-0.1×0.6×0.0×0.7×0.0×
Liquidity
Current ratio-0.3×2.2×-0.1×2.2×+0.1×+0.1×2.3×+0.6×
Leverage
Debt-to-equity0.3×0.0×0.3×0.0×0.3×0.0×0.2×-0.1×0.3×+0.1×
Net debt / EBITDA-4.7×+1.0×-3.1×+3.0×-5×+1.6×-5.5×+2.4×-5.7×+12.4×
Per Share
Book value per share$36.34+7.5%$35.65+6.7%$36.21+15.0%$35.80+17.6%$33.79+13.5%
Valuation
Market capitalization$36.05B+7.1%$39.55B-24.9%$44.05B+6.2%$40.19B+1.1%$33.66B-35.4%
Price / earnings44.7×+31.8×30.3×+12.1×14×-25.3×13.6×-44.8×12.9×-123×
Price / sales1.5×+0.1×1.6×-0.5×1.8×+0.1×1.7×0.0×1.4×-0.9×
Price / book1.7×+0.1×1.8×-0.7×-0.1×1.8×-0.2×1.6×-1.2×
EV / EBITDA18×-1.4×15.9×-19.5×22.6×-7.2×21.1×-18.8×19.4×-96.1×

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Questions, answered.

What are Block's profit margins?
Block (XYZ) runs a 44.9% gross margin and a 4.9% operating margin, with a 3.3% net margin.
Where do Block's ratios come from?
Every ratio is computed from Block'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.