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Block XYZ Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin167.9%+6.9pp161%+6.0pp155.1%+4.8pp150.2%+4.3pp146%+3.5pp
Operating margin22%+0.9pp21.1%+3.4pp17.7%+2.0pp15.7%+3.1pp12.7%+4.2pp
Net margin34.2%-7.6pp41.8%-6.6pp48.4%+8.7pp39.8%+9.5pp30.2%+9.2pp
EBITDA margin28.1%+0.9pp27.2%+3.3pp23.9%+1.9pp22%+2.8pp19.2%+3.9pp
Free cash flow margin35.5%+8.3pp27.3%+3.5pp23.7%+4.7pp19.1%+2.2pp16.9%+4.4pp
Returns
Return on equity38.8%-9.2pp48%-8.5pp56.5%+9.2pp47.3%+10.6pp36.7%+10.8pp
Return on assets21.8%-5.1pp26.9%-4.9pp31.8%+5.2pp26.6%+6.0pp20.6%+6.1pp
Return on invested capital33.3%-1.1pp34.4%+2.6pp31.8%+3.4pp28.4%+5.5pp22.9%+7.7pp
Efficiency
Asset turnover2.6×0.0×2.6×-0.1×2.6×-0.1×2.7×0.0×2.7×0.0×
Inventory turnover418.9×-34.8×453.7×-36.6×490.3×-42.7×533×-31.5×564.5×-5.6×
Liquidity
Current ratio8.3×-0.3×8.6×-0.1×8.7×+0.1×8.6×+0.1×8.5×+0.6×
Quick ratio8.3×-0.3×8.6×-0.1×8.7×+0.1×8.6×+0.1×8.4×+0.6×
Cash ratio4.9×-0.4×5.3×-0.3×5.6×+0.1×5.5×+0.2×5.3×+0.7×
Leverage
Debt-to-equity0.0×0.0×0.9×0.0×-0.1×1.1×+0.1×
Debt-to-assets0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×+0.1×
Net debt / EBITDA-18.3×+1.0×-19.3×+3.0×-22.3×+1.6×-23.9×+2.4×-26.4×+12.4×
Per Share
Book value per share$143.99+1.8%$141.45+1.6%$139.22+3.5%$134.49+4.2%$129.13+3.2%
Valuation
Market capitalization$159.85B+1.5%$157.45B-7.7%$170.57B+1.5%$167.98B+0.3%$167.55B-9.9%
Enterprise value$129.7B+2.0%$127.12B-8.5%$138.91B+1.6%$136.74B-0.9%$138.01B-12.1%
Price / earnings102.6×+31.8×70.8×+12.1×58.7×-25.3×84×-44.8×128.8×-123×
Price / sales6.6×+0.1×6.6×-0.5×7.1×+0.1×0.0×-0.9×
Price / book7.2×+0.1×7.1×-0.7×7.8×-0.1×7.9×-0.2×8.2×-1.2×
EV / EBITDA77.7×-1.4×79×-19.5×98.5×-7.2×105.6×-18.8×124.5×-96.1×
EV / sales5.4×+0.1×5.3×-0.5×5.8×+0.1×5.7×-0.1×5.8×-0.9×
Free cash flow yield22%+5.4pp16.6%+3.2pp13.4%+2.5pp11%+1.3pp9.7%+3.3pp
Earnings yield20%-5.5pp25.5%-2.2pp27.7%+4.6pp23.2%+5.6pp17.5%+7.0pp

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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.