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Block XYZ Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin44.9%+2.0pp42.8%+1.9pp40.9%+1.5pp39.4%+1.4pp38%+1.1pp
Operating margin4.9%-2.1pp7.1%+1.9pp5.2%+0.3pp4.8%+0.8pp4.1%+0.4pp
Net margin3.3%-2.1pp5.4%-7.7pp13.1%+0.7pp12.4%+1.5pp10.9%-1.1pp
EBITDA margin6.5%-2.1pp8.6%+1.9pp6.7%+0.3pp6.3%+0.8pp5.6%+0.3pp
Free cash flow margin13.3%+3.3pp10%+2.3pp7.7%+3.2pp4.5%-0.6pp5.1%-1.4pp
Returns
Return on equity3.7%-2.3pp6%-8.8pp14.8%+0.5pp14.3%+1.3pp12.9%-1.6pp
Return on assets2.1%-1.3pp3.4%-4.9pp8.3%+0.4pp8%+0.7pp7.3%-1.0pp
Return on invested capital6.5%-2.5pp9%-0.1pp9.1%+0.5pp8.7%+1.1pp7.6%+1.1pp
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.7×0.0×
Inventory turnover95.3×-9.7×105.1×+5.5×99.5×-19.4×119×-11.2×130.1×-11.5×
Liquidity
Current ratio-0.2×2.2×0.0×2.2×+0.2×-0.3×2.3×-0.1×
Quick ratio-0.2×2.2×0.0×2.2×+0.2×1.9×-0.3×2.3×-0.1×
Cash ratio1.1×-0.1×1.2×-0.2×1.4×+0.2×1.2×-0.3×1.5×0.0×
Leverage
Debt-to-equity0.3×0.0×0.3×0.0×0.3×+0.1×0.2×-0.1×0.3×0.0×
Debt-to-assets0.2×0.0×0.2×0.0×0.2×0.0×0.1×0.0×0.1×0.0×
Net debt / EBITDA-4.7×-1.6×-3.1×+1.8×-5×+0.5×-5.5×+0.2×-5.7×+0.4×
Per Share
Book value per share$36.34+1.9%$35.65-1.5%$36.21+1.1%$35.80+5.9%$33.79+1.1%
Valuation
Market capitalization$36.05B-8.8%$39.55B-10.2%$44.05B+9.6%$40.19B+19.4%$33.66B-36.1%
Enterprise value$28.58B-13.7%$33.1B-8.4%$36.14B+13.3%$31.89B+22.7%$25.99B-42.1%
Price / earnings44.7×+14.4×30.3×+16.2×14×+0.5×13.6×+0.7×12.9×-5.3×
Price / sales1.5×-0.2×1.6×-0.2×1.8×+0.2×1.7×+0.3×1.4×-0.8×
Price / book1.7×-0.1×1.8×-0.2×+0.1×1.8×+0.2×1.6×-0.9×
EV / EBITDA18×+2.1×15.9×-6.7×22.6×+1.5×21.1×+1.7×19.4×-16.0×
EV / sales1.2×-0.2×1.4×-0.1×1.5×+0.2×1.3×+0.3×1.1×-0.8×
Free cash flow yield9%+2.9pp6.1%+1.9pp4.2%+1.5pp2.7%-0.9pp3.6%+0.6pp
Earnings yield2.2%-1.1pp3.3%-3.8pp7.1%-0.2pp7.4%-0.4pp7.8%+2.3pp

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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.