BlackLine (BL) Financials

$55.32 0.00 (0.00%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$55.94 +0.62 (+1.11%)

As of 05/30/2025 07:38 PM Eastern

Annual Income Statements for BlackLine

This table shows BlackLine's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	161	53	-29	-115	-47	-33	-29	-33	-26	-25
Consolidated Net Income / (Loss)	168	59	-34	-101	-39	-32	-29	-33	-26	-25
Net Income / (Loss) Continuing Operations	168	59	-34	-101	-39	-32	-29	-33	-26	-25
Total Pre-Tax Income	125	61	-47	-101	-39	-30	-28	-33	-35	-38
Total Operating Income	19	14	-56	-39	-20	-28	-30	-30	-23	-35
Total Gross Profit	491	443	394	328	283	230	177	134	98	61
Total Revenue	653	590	523	426	352	289	228	176	128	84
Operating Revenue	653	590	523	426	352	289	228	176	128	84
Total Cost of Revenue	162	147	129	98	69	59	51	41	30	23
Operating Cost of Revenue	162	147	129	98	69	59	51	41	30	23
Total Operating Expenses	473	429	450	366	303	258	207	165	121	96
Selling, General & Admin Expense	122	72	80	87	72	56	47	37	28	21
Marketing Expense	248	243	257	203	175	159	129	104	72	57
Research & Development Expense	101	103	109	77	56	43	31	24	21	18
Restructuring Charge	1.72	11	3.84	0.00	0.00	-	-	-	-	-
Total Other Income / (Expense), net	106	46	8.79	-62	-19	-2.52	2.13	-2.43	-12	-3.64
Interest Expense	-56	5.90	5.85	63	23	8.65	0.00	0.01	5.94	3.22
Interest & Investment Income	50	52	15	0.70	4.50	6.13	2.14	1.07	0.00	0.00
Income Tax Expense	-43	1.45	-14	0.14	0.70	1.73	1.07	0.57	-8.66	-14
Net Income / (Loss) Attributable to Noncontrolling Interest	6.59	6.23	-4.50	14	7.51	0.39	-0.06	0.00	0.00	-
Basic Earnings per Share	$2.59	$0.87	($0.49)	($1.97)	($0.83)	($0.59)	($0.53)	($0.64)	($0.62)	($0.61)
Weighted Average Basic Shares Outstanding	62.13M	60.85M	59.54M	58.35M	56.83M	55.32M	53.91M	52.16M	42.50M	40.58M
Diluted Earnings per Share	$1.45	$0.81	($0.49)	($1.97)	($0.83)	($0.59)	($0.53)	($0.64)	($0.62)	($0.61)
Weighted Average Diluted Shares Outstanding	73.50M	72.05M	59.54M	58.35M	56.83M	55.32M	53.91M	52.16M	42.50M	40.58M
Weighted Average Basic & Diluted Shares Outstanding	62.81M	61.52M	60.05M	59.24M	57.79M	56.30M	53.50M	-330.50M	42.60M	40.58M

This table shows BlackLine's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	6.06	56	17	77	11	22	12	31	-12	11	-20
Consolidated Net Income / (Loss)	5.27	63	15	75	15	24	13	28	-6.73	10	-19
Net Income / (Loss) Continuing Operations	5.27	63	15	75	15	24	13	28	-6.73	10	-19
Total Pre-Tax Income	9.95	13	17	79	16	26	11	29	-6.10	9.83	-19
Total Operating Income	3.58	6.22	8.36	2.21	1.75	13	-1.07	18	-15	3.28	-21
Total Gross Profit	126	128	125	120	118	118	114	107	104	107	102
Total Revenue	167	169	166	161	157	156	151	145	139	140	134
Operating Revenue	167	169	166	161	157	156	151	145	139	140	134
Total Cost of Revenue	41	41	41	40	39	38	37	37	35	33	32
Operating Cost of Revenue	41	41	41	40	39	38	37	37	35	33	32
Total Operating Expenses	122	122	116	118	117	105	115	90	119	103	123
Selling, General & Admin Expense	28	32	28	31	30	25	18	-0.15	29	5.16	31
Marketing Expense	63	65	62	60	61	57	62	63	62	66	65
Research & Development Expense	26	25	26	26	25	23	27	27	27	28	28
Restructuring Charge	5.30	-0.01	0.36	0.93	0.44	1.15	8.66	0.14	1.01	3.84	0.00
Total Other Income / (Expense), net	6.37	6.88	8.31	77	14	13	13	11	9.21	6.55	2.91
Interest Expense	2.52	2.52	2.68	-63	1.47	1.48	1.49	1.47	1.46	1.46	1.48
Interest & Investment Income	8.89	9.40	11	14	15	15	14	13	11	8.02	4.39
Income Tax Expense	4.67	-50	2.10	4.34	0.87	1.90	-2.01	0.93	0.63	-0.67	0.47
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.78	7.05	-2.67	-1.73	3.94	2.18	1.55	-2.78	5.28	-0.81	1.03
Basic Earnings per Share	$0.10	$0.89	$0.28	$1.24	$0.18	$0.36	$0.20	$0.51	($0.20)	$0.20	($0.34)
Weighted Average Basic Shares Outstanding	62.82M	62.13M	62.25M	61.98M	61.64M	60.85M	61.10M	60.70M	60.19M	59.54M	59.70M
Diluted Earnings per Share	$0.10	$0.79	$0.27	$0.22	$0.17	$0.37	$0.19	$0.45	($0.20)	$0.20	($0.34)
Weighted Average Diluted Shares Outstanding	64.84M	73.50M	73.97M	72.52M	72.89M	72.05M	72.10M	71.80M	60.19M	59.54M	59.70M
Weighted Average Basic & Diluted Shares Outstanding	62.32M	62.81M	62.49M	62.18M	61.82M	61.52M	61.27M	60.98M	60.49M	60.05M	59.78M

This table details how cash moves in and out of BlackLine's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	615	70	-339	172	247	74	15	8.99	6.91	-11
Net Cash From Operating Activities	191	127	56	80	55	30	16	6.42	-4.81	1.01
Net Cash From Continuing Operating Activities	191	126	56	80	55	30	16	6.42	-4.81	1.01
Net Income / (Loss) Continuing Operations	168	59	-34	-101	-39	-32	-29	-33	-26	-25
Consolidated Net Income / (Loss)	168	59	-34	-101	-39	-32	-29	-33	-26	-25
Depreciation Expense	50	50	43	27	21	21	22	20	17	15
Amortization Expense	-14	-28	-3.36	56	23	6.25	-0.93	0.04	0.00	0.00
Non-Cash Adjustments To Reconcile Net Income	25	82	86	77	54	39	21	20	11	8.51
Changes in Operating Assets and Liabilities, net	-38	-37	-36	21	-3.74	-4.94	2.28	-0.28	-6.44	2.49
Net Cash From Investing Activities	924	-62	-396	-507	174	-408	-16	-7.03	-120	-12
Net Cash From Continuing Investing Activities	924	-62	-396	-507	174	-408	-16	-7.03	-120	-12
Purchase of Property, Plant & Equipment	-27	-28	-30	-23	-17	-9.69	-12	-8.63	-4.99	-12
Acquisitions	0.00	-11	-158	0.00	-122	0.00	0.00	-	-31	0.00
Purchase of Investments	-396	-1,343	-1,600	-1,181	-266	-566	-123	-77	-83	0.00
Sale and/or Maturity of Investments	1,347	1,320	1,392	697	579	167	119	78	0.00	0.00
Net Cash From Financing Activities	-500	6.15	1.44	599	19	453	15	9.59	131	0.86
Net Cash From Continuing Financing Activities	-500	6.15	1.44	599	19	453	15	9.59	131	0.86
Repayment of Debt	-1,099	0.00	0.00	-432	0.00	0.00	-0.44	-0.55	-61	-0.53
Issuance of Debt	662	0.00	0.00	1,129	0.00	487	0.00	0.00	34	0.00
Issuance of Common Equity	7.01	8.01	7.00	11	6.97	5.30	4.32	0.00	159	0.00
Other Financing Activities, net	-71	-1.86	-5.56	-109	12	-40	11	10	2.86	1.42
Effect of Exchange Rate Changes	-0.35	-0.12	-0.62	-0.31	0.22	0.26	0.27	0.00	0.00	-
Cash Interest Paid	3.82	0.31	0.31	0.51	0.60	0.00	0.00	0.01	8.65	0.63
Cash Income Taxes Paid	12	3.10	1.12	0.89	0.62	1.01	0.59	0.87	0.18	0.01

This table details how cash moves in and out of BlackLine's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-406	161	109	285	60	35	32	-18	22	10	-18
Net Cash From Operating Activities	47	44	56	41	50	42	37	25	23	26	24
Net Cash From Continuing Operating Activities	47	43	56	41	50	41	37	24	23	26	24
Net Income / (Loss) Continuing Operations	5.27	63	15	75	15	24	13	28	-6.73	10	-19
Consolidated Net Income / (Loss)	5.27	63	15	75	15	24	13	28	-6.73	10	-19
Depreciation Expense	11	12	13	13	13	13	13	12	12	12	11
Amortization Expense	-1.13	0.52	-1.90	-5.43	-7.16	-7.49	-7.84	-6.87	-6.16	-4.16	-1.37
Non-Cash Adjustments To Reconcile Net Income	20	21	25	-41	20	16	22	22	22	26	22
Changes in Operating Assets and Liabilities, net	11	-53	5.67	-0.47	10	-4.23	-3.13	-31	1.34	-18	12
Net Cash From Investing Activities	-399	114	304	485	21	-4.19	-11	-56	9.00	-17	-41
Net Cash From Continuing Investing Activities	-399	114	304	485	21	-4.19	-11	-56	9.00	-17	-41
Purchase of Property, Plant & Equipment	-14	-7.27	-6.51	-6.31	-6.75	-6.83	-5.62	-6.59	-8.56	-5.49	-7.63
Purchase of Investments	-385	-	-	-101	-295	-361	-257	-414	-311	-428	-372
Sale and/or Maturity of Investments	0.00	121	310	593	323	364	263	365	329	417	339
Net Cash From Financing Activities	-54	3.22	-252	-241	-11	-3.25	6.10	14	-10	1.63	-0.80
Net Cash From Continuing Financing Activities	-54	3.22	-252	-241	-11	-3.25	6.10	14	-10	1.63	-0.80
Repurchase of Common Equity	-45	-	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	-8.86	0.46	-1.08	-59	-11	-5.97	6.10	8.25	-10	-0.90	-0.80
Effect of Exchange Rate Changes	0.24	-0.40	0.48	-0.21	-0.21	0.15	-0.06	-0.17	-0.04	0.22	-0.15

This table presents BlackLine's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	1,825	2,101	1,944	1,818	1,114	1,015	493	461	420	287
Total Current Assets	1,092	1,407	1,250	1,348	674	723	222	188	164	48
Cash & Equivalents	886	271	201	540	367	120	46	31	22	15
Short-Term Investments	0.00	933	874	659	175	488	86	81	83	0.00
Accounts Receivable	178	172	151	125	111	103	75	62	42	24
Prepaid Expenses	28	31	24	24	20	13	14	14	6.61	2.80
Plant, Property, & Equipment, net	12	15	20	16	13	13	14	13	11	12
Total Noncurrent Assets	721	679	674	454	426	278	258	260	245	226
Goodwill	449	449	444	290	290	185	185	185	185	163
Intangible Assets	105	117	123	60	62	28	37	48	59	60
Noncurrent Deferred & Refundable Income Taxes	53	0.15	-	-	-	-	-	-	-	-
Other Noncurrent Operating Assets	114	113	107	104	74	65	36	27	1.45	2.90
Total Liabilities & Shareholders' Equity	1,825	2,101	1,944	1,818	1,114	1,015	493	461	420	287
Total Liabilities	1,342	1,810	1,808	1,464	679	611	170	144	129	121
Total Current Liabilities	422	643	368	323	242	207	159	134	108	74
Short-Term Debt	0.00	249	8.00	16	7.94	2.01	2.01	2.01	2.01	2.01
Accounts Payable	8.46	8.62	15	7.47	3.15	7.40	3.44	7.25	7.17	4.65
Accrued Expenses	72	60	59	51	36	30	24	21	19	15
Current Deferred Revenue	339	320	279	242	191	163	129	104	80	53
Other Current Liabilities	3.59	4.89	6.93	5.31	4.15	4.94	-	-	-	-
Total Noncurrent Liabilities	920	1,167	1,440	1,141	437	404	11	9.19	21	46
Long-Term Debt	893	1,141	1,384	1,114	407	384	0.00	-	-	28
Noncurrent Deferred Revenue	1.39	0.90	0.34	0.36	0.08	0.16	0.28	0.47	2.37	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	4.53	6.39	5.57	8.18	6.57	4.57	3.26	1.74	1.26	5.91
Other Noncurrent Operating Liabilities	21	19	50	18	23	15	7.29	6.98	17	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	36	30	24	29	13	4.91	4.39	0.00	-	-
Total Equity & Noncontrolling Interests	447	261	112	325	422	399	319	317	291	166
Total Preferred & Common Equity	447	261	112	325	422	399	319	317	291	166
Total Common Equity	447	261	112	325	422	399	319	317	291	166
Common Stock	496	475	386	626	623	562	452	420	379	215
Retained Earnings	-49	-215	-273	-302	-202	-164	-133	-103	-87	-48
Accumulated Other Comprehensive Income / (Loss)	-0.36	0.21	-1.47	0.30	0.38	0.38	0.05	-0.06	-0.04	0.00

This table presents BlackLine's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,781	1,695	1,891	2,089	2,016	1,975	1,933	1,878
Total Current Assets	1,043	1,013	1,210	1,404	1,319	1,284	1,243	1,177
Cash & Equivalents	480	725	617	331	236	205	223	191
Short-Term Investments	387	121	428	913	926	922	865	855
Accounts Receivable	147	136	137	126	130	130	120	109
Prepaid Expenses	30	30	28	33	27	28	35	22
Plant, Property, & Equipment, net	14	11	12	13	15	17	19	21
Total Noncurrent Assets	724	671	669	672	682	675	670	680
Goodwill	449	449	449	449	449	444	444	444
Intangible Assets	102	107	110	113	121	117	120	126
Noncurrent Deferred & Refundable Income Taxes	54	-	-	-	-	-	-	-
Other Noncurrent Operating Assets	118	115	110	110	112	114	106	110
Total Liabilities & Shareholders' Equity	1,781	1,695	1,891	2,089	2,016	1,975	1,933	1,878
Total Liabilities	1,327	1,298	1,533	1,775	1,773	1,773	1,787	1,775
Total Current Liabilities	630	377	620	610	606	355	364	315
Short-Term Debt	229	0.00	250	250	257	17	26	6.51
Accounts Payable	3.96	3.93	2.08	1.56	4.80	7.90	4.57	5.53
Accrued Expenses	63	68	52	47	61	45	49	51
Current Deferred Revenue	331	301	311	307	278	280	277	245
Other Current Liabilities	3.39	3.98	4.50	4.76	5.00	5.43	6.88	6.23
Total Noncurrent Liabilities	697	920	913	1,165	1,167	1,418	1,423	1,461
Long-Term Debt	664	892	891	1,142	1,140	1,387	1,386	1,383
Noncurrent Deferred Revenue	1.27	1.20	1.98	2.35	0.70	0.64	0.74	0.42
Noncurrent Deferred & Payable Income Tax Liabilities	4.34	4.85	5.02	5.25	6.02	5.62	5.49	5.27
Other Noncurrent Operating Liabilities	27	22	15	16	20	24	31	72
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	36	30	32	34	28	26	29	25
Total Equity & Noncontrolling Interests	418	368	326	280	216	176	117	78
Total Preferred & Common Equity	418	368	326	280	216	176	117	78
Total Common Equity	418	368	326	280	216	176	117	78
Common Stock	462	480	452	481	456	430	397	364
Retained Earnings	-44	-112	-126	-200	-239	-252	-280	-283
Accumulated Other Comprehensive Income / (Loss)	-0.18	-0.12	-0.56	-0.49	-1.16	-1.53	-0.23	-3.08

This table displays calculated financial ratios and metrics derived from BlackLine's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.74%	12.82%	22.84%	21.03%	21.72%	26.86%	29.72%	37.15%	53.14%	61.79%
EBITDA Growth	52.16%	315.57%	-138.01%	87.22%	6,358.78%	95.54%	39.33%	-19.35%	43.21%	-143.27%
EBIT Growth	29.19%	125.53%	-45.54%	-94.13%	28.70%	6.49%	11.99%	-16.64%	17.51%	-61.03%
NOPAT Growth	78.07%	135.60%	-45.54%	-94.13%	28.70%	6.49%	1.88%	-31.17%	33.41%	-91.50%
Net Income Growth	184.06%	274.26%	66.44%	-156.32%	-22.57%	-11.71%	13.86%	-26.85%	-6.48%	-47.65%
EPS Growth	79.01%	265.31%	75.13%	-137.35%	-40.68%	-11.32%	17.19%	-3.23%	-1.64%	-45.24%
Operating Cash Flow Growth	50.72%	126.04%	-30.07%	46.33%	84.14%	84.16%	151.25%	233.61%	-577.93%	-88.75%
Free Cash Flow Firm Growth	222.04%	95.50%	-3,466.70%	95.82%	-1,519.68%	-18.36%	81.84%	-72.06%	88.74%	0.00%
Invested Capital Growth	2.86%	5.14%	58.56%	-6.92%	68.54%	-5.68%	-6.60%	9.87%	3.82%	0.00%
Revenue Q/Q Growth	2.15%	2.75%	4.94%	4.83%	4.59%	6.62%	5.71%	5.89%	0.00%	0.00%
EBITDA Q/Q Growth	1.30%	24.92%	18.33%	5.05%	5.11%	94.98%	-94.06%	2.17%	0.00%	0.00%
EBIT Q/Q Growth	-26.25%	198.23%	25.73%	-30.37%	-14.08%	11.67%	-16.41%	-0.24%	0.00%	0.00%
NOPAT Q/Q Growth	6.33%	183.90%	25.73%	-30.37%	-14.08%	11.67%	-16.41%	-25.92%	0.00%	0.00%
Net Income Q/Q Growth	30.51%	30.36%	55.91%	-24.45%	-11.05%	-0.02%	-17.00%	-5.30%	0.00%	0.00%
EPS Q/Q Growth	40.78%	26.56%	62.88%	-20.12%	-20.29%	0.00%	-17.78%	-6.67%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.86%	14.90%	6.93%	10.05%	13.68%	12.92%	14.74%	394.27%	-318.05%	0.00%
Free Cash Flow Firm Q/Q Growth	-80.58%	65.65%	3.51%	-107.69%	-22.48%	65.02%	75.25%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	10.57%	-0.36%	1.57%	0.30%	1.37%	-9.71%	-3.13%	9.95%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.21%	75.12%	75.26%	77.01%	80.39%	79.59%	77.67%	76.43%	76.40%	72.81%
EBITDA Margin	8.41%	6.12%	-3.20%	10.35%	6.69%	-0.13%	-3.70%	-7.91%	-9.09%	-24.51%
Operating Margin	2.84%	2.43%	-10.75%	-9.07%	-5.66%	-9.65%	-13.10%	-17.32%	-18.11%	-41.64%
EBIT Margin	2.84%	2.43%	-10.75%	-9.07%	-5.66%	-9.65%	-13.10%	-19.30%	-22.70%	-42.14%
Profit (Net Income) Margin	25.68%	10.01%	-6.48%	-23.72%	-11.20%	-11.12%	-12.63%	-19.02%	-20.57%	-29.58%
Tax Burden Percent	134.54%	97.60%	71.48%	100.13%	101.81%	105.67%	103.87%	101.72%	75.26%	64.33%
Interest Burden Percent	672.73%	421.72%	84.36%	261.20%	194.56%	109.04%	92.85%	96.88%	120.41%	109.13%
Effective Tax Rate	-34.54%	2.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	5.16%	3.01%	-10.65%	-9.12%	-5.69%	-10.41%	-10.45%	-10.78%	-8.79%	-26.89%
ROIC Less NNEP Spread (ROIC-NNEP)	153.84%	20.94%	-6.28%	66.48%	8.90%	-3.24%	-3.90%	0.56%	14.14%	-31.74%
Return on Net Nonoperating Assets (RNNOA)	38.18%	24.67%	-3.20%	-16.50%	-3.71%	1.57%	1.47%	-0.20%	-2.73%	-2.88%
Return on Equity (ROE)	43.34%	27.68%	-13.85%	-25.62%	-9.40%	-8.84%	-8.98%	-10.98%	-11.51%	-29.77%
Cash Return on Invested Capital (CROIC)	2.35%	-2.00%	-55.95%	-1.96%	-56.74%	-4.57%	-3.62%	-20.18%	-12.54%	-226.89%
Operating Return on Assets (OROA)	0.94%	0.71%	-2.99%	-2.63%	-1.87%	-3.70%	-6.25%	-7.69%	-8.22%	-12.29%
Return on Assets (ROA)	8.55%	2.92%	-1.80%	-6.89%	-3.70%	-4.26%	-6.03%	-7.58%	-7.45%	-8.63%
Return on Common Equity (ROCE)	39.62%	24.18%	-12.36%	-24.28%	-9.21%	-8.73%	-8.92%	-10.98%	-11.51%	-29.77%
Return on Equity Simple (ROE_SIMPLE)	37.56%	22.64%	-30.30%	-31.07%	-9.34%	-8.06%	-9.01%	-10.53%	-9.04%	-14.88%
Net Operating Profit after Tax (NOPAT)	25	14	-39	-27	-14	-20	-21	-21	-16	-24
NOPAT Margin	3.82%	2.37%	-7.52%	-6.35%	-3.96%	-6.76%	-9.17%	-12.12%	-12.67%	-29.15%
Net Nonoperating Expense Percent (NNEP)	-148.68%	-17.93%	-4.37%	-75.60%	-14.60%	-7.17%	-6.54%	-11.34%	-22.93%	4.85%
Return On Investment Capital (ROIC_SIMPLE)	1.86%	0.85%	-2.62%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	24.79%	24.88%	24.74%	22.99%	19.61%	20.41%	22.33%	23.57%	23.60%	27.19%
SG&A Expenses to Revenue	18.64%	12.12%	15.33%	20.32%	20.36%	19.40%	20.72%	20.95%	21.80%	25.03%
R&D to Revenue	15.46%	17.49%	20.82%	18.16%	16.05%	14.88%	13.50%	13.60%	16.50%	21.79%
Operating Expenses to Revenue	72.37%	72.69%	86.00%	86.08%	86.05%	89.25%	90.76%	93.75%	94.51%	114.45%
Earnings before Interest and Taxes (EBIT)	19	14	-56	-39	-20	-28	-30	-34	-29	-35
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	55	36	-17	44	24	-0.38	-8.43	-14	-12	-20
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	8.50	14.66	35.95	18.68	18.09	7.20	7.01	5.46	4.86	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	109.10	15.43	22.99	20.51	29.78	0.00
Price to Revenue (P/Rev)	5.81	6.48	7.69	14.27	21.71	9.93	9.82	9.87	11.06	0.00
Price to Earnings (P/E)	23.56	72.41	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.25%	1.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	7.84	8.48	9.63	21.12	24.50	14.56	10.94	7.85	6.98	0.00
Enterprise Value to Revenue (EV/Rev)	5.88	6.85	8.34	14.17	21.38	9.18	9.27	9.24	10.26	0.00
Enterprise Value to EBITDA (EV/EBITDA)	69.91	111.95	0.00	136.95	319.62	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	207.16	281.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	153.98	288.57	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	20.12	31.92	77.88	75.34	137.42	89.23	130.83	252.64	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	338.65	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.85	4.78	10.26	3.20	0.95	0.96	0.01	0.01	0.01	0.18
Long-Term Debt to Equity	1.85	3.92	10.20	3.15	0.94	0.95	0.00	0.00	0.00	0.17
Financial Leverage	0.25	1.18	0.51	-0.25	-0.42	-0.48	-0.38	-0.35	-0.19	0.09
Leverage Ratio	5.07	9.48	7.68	3.72	2.54	2.07	1.49	1.45	1.55	1.73
Compound Leverage Factor	34.12	39.97	6.48	9.71	4.94	2.26	1.38	1.40	1.86	1.88
Debt to Total Capital	64.88%	82.69%	91.12%	76.17%	48.85%	48.91%	0.62%	0.63%	0.68%	15.41%
Short-Term Debt to Total Capital	0.00%	14.83%	0.52%	1.11%	0.93%	0.25%	0.62%	0.63%	0.68%	1.02%
Long-Term Debt to Total Capital	64.88%	67.86%	90.59%	75.06%	47.91%	48.66%	0.00%	0.00%	0.00%	14.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.65%	1.79%	1.56%	1.93%	1.47%	0.62%	1.35%	0.00%	0.00%	0.00%
Common Equity to Total Capital	32.47%	15.52%	7.32%	21.90%	49.68%	50.47%	98.04%	99.37%	99.32%	84.59%
Debt to EBITDA	16.25	38.50	-83.15	25.66	17.63	-1,027.53	-0.24	-0.14	-0.17	-1.48
Net Debt to EBITDA	0.12	5.14	-18.95	-1.54	-5.42	588.82	15.49	7.96	8.87	-0.74
Long-Term Debt to EBITDA	16.25	31.60	-82.67	25.29	17.30	-1,022.19	0.00	0.00	0.00	-1.38
Debt to NOPAT	35.80	99.24	-35.39	-41.83	-29.80	-19.78	-0.10	-0.09	-0.12	-1.24
Net Debt to NOPAT	0.27	13.24	-8.06	2.52	9.17	11.34	6.25	5.19	6.36	-0.62
Long-Term Debt to NOPAT	35.80	81.45	-35.19	-41.22	-29.23	-19.68	0.00	0.00	0.00	-1.16
Altman Z-Score	2.49	1.87	1.86	3.10	7.22	3.40	7.94	7.21	6.53	0.00
Noncontrolling Interest Sharing Ratio	8.60%	12.65%	10.74%	5.23%	2.08%	1.28%	0.68%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.59	2.19	3.40	4.18	2.78	3.49	1.39	1.40	1.51	0.65
Quick Ratio	2.52	2.14	3.33	4.10	2.70	3.43	1.30	1.30	1.36	0.53
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	11	-9.29	-207	-5.79	-139	-8.57	-7.24	-40	-23	-206
Operating Cash Flow to CapEx	711.01%	458.79%	185.58%	344.26%	320.26%	306.69%	134.96%	74.47%	-96.28%	8.13%
Free Cash Flow to Firm to Interest Expense	0.00	-1.58	-35.32	-0.09	-5.95	-0.99	-1,809.30	-3,065.33	-3.90	-63.95
Operating Cash Flow to Interest Expense	0.00	21.47	9.57	1.27	2.35	3.44	4,035.00	494.15	-0.81	0.31
Operating Cash Flow Less CapEx to Interest Expense	0.00	16.79	4.42	0.90	1.61	2.32	1,045.25	-169.38	-1.65	-3.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.29	0.28	0.29	0.33	0.38	0.48	0.40	0.36	0.29
Accounts Receivable Turnover	3.74	3.66	3.79	3.60	3.29	3.25	3.33	3.37	3.85	3.45
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	48.93	34.03	28.95	28.80	26.79	21.76	17.32	14.58	10.79	6.73
Accounts Payable Turnover	18.96	12.45	11.53	18.43	13.07	10.88	9.51	5.74	5.11	4.89
Days Sales Outstanding (DSO)	97.70	99.75	96.32	101.34	111.09	112.24	109.62	108.31	94.83	105.80
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	19.25	29.32	31.65	19.81	27.92	33.55	38.37	63.59	71.36	74.64
Cash Conversion Cycle (CCC)	78.45	70.42	64.67	81.54	83.17	78.69	71.25	44.72	23.47	31.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	490	476	453	286	307	182	193	207	188	181
Invested Capital Turnover	1.35	1.27	1.42	1.44	1.44	1.54	1.14	0.89	0.69	0.92
Increase / (Decrease) in Invested Capital	14	23	167	-21	125	-11	-14	19	6.93	181
Enterprise Value (EV)	3,840	4,041	4,362	6,034	7,522	2,652	2,112	1,623	1,313	0.00
Market Capitalization	3,797	3,826	4,021	6,073	7,637	2,869	2,238	1,734	1,417	0.00
Book Value per Share	$7.15	$4.26	$1.87	$5.54	$7.37	$7.16	$5.84	$6.00	$5.68	$4.09
Tangible Book Value per Share	($1.72)	($4.98)	($7.61)	($0.42)	$1.22	$3.34	$1.78	$1.60	$0.93	($1.40)
Total Capital	1,376	1,681	1,528	1,484	850	790	326	319	293	196
Total Debt	893	1,390	1,392	1,131	415	386	2.01	2.01	2.01	30
Total Long-Term Debt	893	1,141	1,384	1,114	407	384	0.00	0.00	0.00	28
Net Debt	6.76	185	317	-68	-128	-221	-131	-111	-103	15
Capital Expenditures (CapEx)	27	28	30	23	17	9.69	12	8.63	4.99	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-216	-190	-185	-157	-103	-89	-68	-56	-48	-39
Debt-free Net Working Capital (DFNWC)	670	1,014	890	1,042	440	518	65	56	57	-24
Net Working Capital (NWC)	670	765	882	1,025	432	516	63	54	55	-26
Net Nonoperating Expense (NNE)	-143	-45	-5.45	74	25	13	7.89	12	10	0.37
Net Nonoperating Obligations (NNO)	6.76	185	317	-68	-128	-221	-131	-111	-103	15
Total Depreciation and Amortization (D&A)	36	22	39	83	43	28	21	20	17	15
Debt-free, Cash-free Net Working Capital to Revenue	-33.02%	-32.29%	-35.44%	-36.92%	-29.25%	-30.91%	-29.87%	-32.14%	-37.40%	-46.80%
Debt-free Net Working Capital to Revenue	102.58%	171.86%	170.14%	244.66%	125.01%	179.40%	28.33%	31.97%	44.81%	-28.61%
Net Working Capital to Revenue	102.58%	129.62%	168.61%	240.80%	122.76%	178.70%	27.45%	30.83%	43.24%	-31.02%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.59	$0.87	($0.49)	$0.00	($0.83)	($0.59)	($0.52)	($0.73)	($0.92)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	62.13M	60.85M	59.54M	0.00	56.83M	55.32M	53.91M	52.16M	51.28M	0.00
Adjusted Diluted Earnings per Share	$1.45	$0.81	($0.49)	$0.00	($0.83)	($0.59)	($0.52)	($0.73)	($0.92)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	73.50M	72.05M	59.54M	0.00	56.83M	55.32M	53.91M	52.16M	51.28M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.92)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	62.81M	61.52M	60.05M	0.00	57.79M	56.30M	54.96M	53.20M	42.50M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	14	25	-37	-27	-14	-20	-21	-21	-16	-24
Normalized NOPAT Margin	2.17%	4.19%	-7.01%	-6.35%	-3.96%	-6.76%	-9.17%	-12.12%	-12.67%	-29.15%
Pre Tax Income Margin	19.09%	10.26%	-9.07%	-23.69%	-11.00%	-10.53%	-12.16%	-18.70%	-27.33%	-45.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	2.43	-9.61	-0.61	-0.85	-3.23	-7,459.00	-2,607.62	-4.90	-10.96
NOPAT to Interest Expense	0.00	2.37	-6.72	-0.43	-0.60	-2.26	-5,221.30	-1,637.41	-2.73	-7.58
EBIT Less CapEx to Interest Expense	0.00	-2.25	-14.77	-0.98	-1.59	-4.35	-10,448.75	-3,271.15	-5.74	-14.81
NOPAT Less CapEx to Interest Expense	0.00	-2.30	-11.88	-0.80	-1.33	-3.38	-8,211.05	-2,300.95	-3.58	-11.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.33%	-16.60%	-0.12%

This table displays calculated financial ratios and metrics derived from BlackLine's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.01%	8.82%	10.09%	11.02%	13.29%	11.27%	12.24%	12.53%	15.59%	21.36%	22.73%
EBITDA Growth	92.55%	3.89%	382.99%	-59.67%	176.47%	65.75%	134.58%	1,872.42%	35.89%	52.22%	-140.55%
EBIT Growth	104.52%	-51.49%	878.68%	-87.68%	111.42%	290.94%	94.99%	241.18%	39.63%	120.25%	-459.92%
NOPAT Growth	14.84%	153.60%	679.25%	-87.97%	115.40%	239.46%	91.58%	295.24%	39.63%	130.89%	-459.92%
Net Income Growth	-64.29%	161.70%	8.14%	167.08%	319.43%	130.99%	170.95%	334.45%	49.88%	132.33%	-95.39%
EPS Growth	-41.18%	113.51%	42.11%	-51.11%	185.00%	85.00%	155.88%	350.00%	-17.65%	131.75%	-47.83%
Operating Cash Flow Growth	-7.30%	3.85%	51.03%	65.77%	120.51%	63.74%	53.15%	315.63%	12,892.61%	16.40%	41.60%
Free Cash Flow Firm Growth	-263.89%	244.92%	227.07%	116.47%	389.73%	93.03%	81.13%	106.44%	98.15%	-1,753.89%	-896.91%
Invested Capital Growth	4.49%	2.86%	-7.31%	-5.49%	-2.08%	5.14%	7.17%	0.89%	-1.42%	58.56%	56.59%
Revenue Q/Q Growth	-1.49%	2.14%	3.37%	1.93%	1.11%	3.33%	4.24%	4.02%	-0.70%	4.24%	4.51%
EBITDA Q/Q Growth	-26.09%	-2.74%	105.53%	30.34%	-60.12%	352.13%	-82.84%	347.16%	-186.43%	194.32%	-779.70%
EBIT Q/Q Growth	-42.50%	-25.66%	278.76%	26.32%	-86.36%	1,293.20%	-105.99%	217.02%	-567.14%	115.30%	-68.75%
NOPAT Q/Q Growth	-93.71%	312.32%	250.17%	26.43%	-86.11%	1,041.80%	-107.27%	261.84%	-406.20%	123.35%	-68.75%
Net Income Q/Q Growth	-91.69%	335.63%	-80.56%	407.51%	-39.10%	80.02%	-52.00%	516.97%	-164.11%	155.29%	-58.62%
EPS Q/Q Growth	-87.34%	192.59%	22.73%	29.41%	-54.05%	94.74%	-57.78%	325.00%	-200.00%	158.82%	-88.89%
Operating Cash Flow Q/Q Growth	6.73%	-21.68%	37.40%	-19.29%	19.58%	13.89%	50.81%	7.36%	-11.21%	6.53%	309.28%
Free Cash Flow Firm Q/Q Growth	-213.36%	-60.85%	48.53%	148.58%	200.24%	65.67%	-353.04%	432.71%	97.59%	7.03%	13.69%
Invested Capital Q/Q Growth	-1.87%	10.57%	-2.32%	-1.41%	-3.40%	-0.36%	-0.41%	2.14%	3.73%	1.57%	-6.25%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.48%	75.56%	75.22%	74.86%	75.17%	75.85%	75.59%	74.33%	74.62%	76.16%	75.85%
EBITDA Margin	8.35%	11.13%	11.69%	5.88%	4.60%	11.66%	2.66%	16.18%	-6.81%	7.83%	-8.65%
Operating Margin	2.14%	3.67%	5.04%	1.38%	1.11%	8.23%	-0.71%	12.40%	-11.02%	2.34%	-15.95%
EBIT Margin	2.14%	3.67%	5.04%	1.38%	1.11%	8.23%	-0.71%	12.40%	-11.02%	2.34%	-15.95%
Profit (Net Income) Margin	3.16%	37.45%	8.78%	46.70%	9.38%	15.57%	8.94%	19.41%	-4.84%	7.50%	-14.14%
Tax Burden Percent	53.03%	484.74%	87.40%	94.53%	94.44%	92.73%	117.49%	96.81%	110.29%	106.79%	102.56%
Interest Burden Percent	278.18%	210.60%	199.33%	3,591.30%	894.68%	204.08%	-1,067.69%	161.79%	39.86%	299.91%	86.44%
Effective Tax Rate	46.97%	-384.74%	12.60%	5.47%	5.56%	7.27%	-17.49%	3.19%	0.00%	-6.79%	0.00%
Return on Invested Capital (ROIC)	1.60%	24.05%	6.12%	1.74%	1.37%	9.69%	-1.04%	14.01%	-8.83%	3.54%	-15.23%
ROIC Less NNEP Spread (ROIC-NNEP)	5.50%	58.75%	11.30%	40.80%	6.95%	14.61%	4.06%	17.30%	-7.70%	9.16%	-18.24%
Return on Net Nonoperating Assets (RNNOA)	1.24%	14.58%	4.94%	27.16%	7.11%	17.21%	6.78%	36.83%	-23.01%	4.66%	-10.41%
Return on Equity (ROE)	2.84%	38.63%	11.06%	28.90%	8.48%	26.90%	5.74%	50.84%	-31.83%	8.20%	-25.63%
Cash Return on Invested Capital (CROIC)	1.37%	2.35%	12.68%	8.88%	8.72%	-2.00%	-5.85%	-3.82%	-5.39%	-55.95%	-58.60%
Operating Return on Assets (OROA)	0.73%	1.22%	1.74%	0.44%	0.34%	2.40%	-0.21%	3.59%	-3.14%	0.65%	-4.38%
Return on Assets (ROA)	1.08%	12.47%	3.03%	15.09%	2.84%	4.54%	2.64%	5.63%	-1.38%	2.09%	-3.88%
Return on Common Equity (ROCE)	2.58%	35.31%	10.07%	25.89%	7.32%	23.50%	4.87%	42.53%	-24.55%	7.32%	-23.06%
Return on Equity Simple (ROE_SIMPLE)	37.87%	0.00%	34.94%	39.12%	28.79%	0.00%	21.00%	7.28%	-23.24%	0.00%	-98.63%
Net Operating Profit after Tax (NOPAT)	1.90	30	7.31	2.09	1.65	12	-1.26	17	-11	3.50	-15
NOPAT Margin	1.14%	17.78%	4.41%	1.30%	1.05%	7.63%	-0.84%	12.00%	-7.71%	2.50%	-11.17%
Net Nonoperating Expense Percent (NNEP)	-3.90%	-34.70%	-5.19%	-39.06%	-5.58%	-4.92%	-5.10%	-3.30%	-1.12%	-5.62%	3.01%
Return On Investment Capital (ROIC_SIMPLE)	0.14%	2.25%	-	-	-	0.72%	-	-	-	0.23%	-
Cost of Revenue to Revenue	24.52%	24.44%	24.78%	25.14%	24.83%	24.15%	24.41%	25.67%	25.38%	23.84%	24.15%
SG&A Expenses to Revenue	16.98%	19.17%	17.01%	19.35%	19.08%	15.85%	11.96%	-0.10%	20.85%	3.69%	23.09%
R&D to Revenue	15.41%	14.51%	15.46%	16.02%	15.89%	14.50%	17.73%	18.54%	19.50%	20.02%	20.65%
Operating Expenses to Revenue	73.34%	71.89%	70.18%	73.49%	74.06%	67.62%	76.30%	61.93%	85.64%	73.82%	91.80%
Earnings before Interest and Taxes (EBIT)	3.58	6.22	8.36	2.21	1.75	13	-1.07	18	-15	3.28	-21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	19	19	9.44	7.24	18	4.02	23	-9.47	11	-12
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.28	8.50	9.32	9.19	14.14	14.66	15.68	18.46	34.47	35.95	45.83
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.59	5.81	5.36	4.80	6.50	6.48	5.89	5.84	7.44	7.69	7.17
Price to Earnings (P/E)	19.45	23.56	27.03	24.65	52.29	72.41	80.41	321.50	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.14%	4.25%	3.70%	4.06%	1.91%	1.38%	1.24%	0.31%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	6.46	7.84	7.91	6.88	8.99	8.48	7.63	7.42	9.33	9.63	8.83
Enterprise Value to Revenue (EV/Rev)	4.68	5.88	5.48	5.00	6.80	6.85	6.35	6.38	8.10	8.34	7.91
Enterprise Value to EBITDA (EV/EBITDA)	50.37	69.91	64.62	80.40	78.35	111.95	126.13	268.20	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	152.45	207.16	139.39	198.95	131.72	281.65	757.62	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	114.63	153.98	149.38	206.91	134.48	288.57	738.91	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	16.59	20.12	18.52	18.34	26.83	31.92	33.08	36.56	55.72	77.88	75.21
Enterprise Value to Free Cash Flow (EV/FCFF)	482.13	338.65	60.01	75.36	102.02	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.97	1.85	2.24	3.19	4.43	4.78	5.73	6.93	9.66	10.26	13.55
Long-Term Debt to Equity	1.46	1.85	2.24	2.49	3.64	3.92	4.68	6.84	9.48	10.20	13.49
Financial Leverage	0.23	0.25	0.44	0.67	1.02	1.18	1.67	2.13	2.99	0.51	0.57
Leverage Ratio	5.04	5.07	5.79	6.90	8.74	9.48	11.25	12.60	16.02	7.68	7.80
Compound Leverage Factor	14.03	10.68	11.54	247.72	78.24	19.34	-120.13	20.39	6.38	23.04	6.74
Debt to Total Capital	66.32%	64.88%	69.17%	76.12%	81.60%	82.69%	85.15%	87.38%	90.62%	91.12%	93.13%
Short-Term Debt to Total Capital	17.03%	0.00%	0.00%	16.67%	14.64%	14.83%	15.67%	1.03%	1.67%	0.52%	0.44%
Long-Term Debt to Total Capital	49.30%	64.88%	69.17%	59.45%	66.96%	67.86%	69.48%	86.36%	88.95%	90.59%	92.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.66%	2.65%	2.30%	2.14%	1.99%	1.79%	1.70%	1.64%	1.87%	1.56%	1.65%
Common Equity to Total Capital	31.02%	32.47%	28.53%	21.74%	16.41%	15.52%	13.15%	10.98%	7.51%	7.32%	5.22%
Debt to EBITDA	14.50	16.25	16.45	29.37	26.35	38.50	48.32	105.77	-123.33	-83.15	-67.77
Net Debt to EBITDA	0.44	0.12	0.84	2.47	2.77	5.14	8.11	20.90	-28.29	-18.95	-16.75
Long-Term Debt to EBITDA	10.78	16.25	16.45	22.94	21.62	31.60	39.43	104.53	-121.06	-82.67	-67.45
Debt to NOPAT	32.99	35.80	38.02	75.59	45.22	99.24	283.09	-99.92	-43.70	-35.39	-26.23
Net Debt to NOPAT	1.00	0.27	1.94	6.35	4.76	13.24	47.53	-19.74	-10.02	-8.06	-6.49
Long-Term Debt to NOPAT	24.52	35.80	38.02	59.03	37.11	81.45	231.01	-98.74	-42.90	-35.19	-26.11
Altman Z-Score	2.00	2.47	2.34	1.79	1.95	1.86	1.69	1.80	1.95	1.96	1.78
Noncontrolling Interest Sharing Ratio	9.08%	8.60%	8.96%	10.41%	13.71%	12.65%	15.14%	16.34%	22.87%	10.74%	10.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.66	2.59	2.69	1.95	2.30	2.19	2.18	3.62	3.42	3.40	3.74
Quick Ratio	1.61	2.52	2.60	1.91	2.25	2.14	2.13	3.54	3.32	3.33	3.67
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-19	17	42	28	11	-11	-33	13	-3.95	-164	-176
Operating Cash Flow to CapEx	331.08%	602.48%	859.23%	644.57%	747.15%	617.14%	659.18%	372.44%	267.29%	469.28%	317.06%
Free Cash Flow to Firm to Interest Expense	-7.43	6.55	15.78	0.00	7.79	-7.69	-22.32	8.94	-2.71	-111.89	-118.88
Operating Cash Flow to Interest Expense	18.53	17.36	20.89	0.00	34.33	28.42	24.87	16.70	15.72	17.59	16.31
Operating Cash Flow Less CapEx to Interest Expense	12.94	14.48	18.46	0.00	29.73	23.81	21.09	12.22	9.84	13.84	11.17
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.34	0.33	0.34	0.32	0.30	0.29	0.29	0.29	0.28	0.28	0.27
Accounts Receivable Turnover	4.87	3.74	4.79	4.67	4.95	3.66	4.80	4.45	4.55	3.79	4.66
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	48.49	48.93	49.34	43.36	38.00	34.03	31.97	30.30	31.01	28.95	29.48
Accounts Payable Turnover	59.40	18.96	36.23	30.83	49.15	12.45	27.58	12.33	12.85	11.53	32.17
Days Sales Outstanding (DSO)	74.95	97.70	76.18	78.11	73.79	99.75	76.04	81.97	80.18	96.32	78.31
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	6.14	19.25	10.08	11.84	7.43	29.32	13.23	29.61	28.41	31.65	11.35
Cash Conversion Cycle (CCC)	68.81	78.45	66.10	66.27	66.37	70.42	62.81	52.36	51.76	64.67	66.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	481	490	443	454	460	476	478	480	470	453	446
Invested Capital Turnover	1.41	1.35	1.39	1.34	1.31	1.27	1.24	1.17	1.14	1.42	1.36
Increase / (Decrease) in Invested Capital	21	14	-35	-26	-9.79	23	32	4.21	-6.77	167	161
Enterprise Value (EV)	3,104	3,840	3,504	3,123	4,137	4,041	3,645	3,559	4,385	4,362	3,940
Market Capitalization	3,041	3,797	3,428	2,995	3,957	3,826	3,383	3,255	4,032	4,021	3,572
Book Value per Share	$6.65	$7.15	$5.92	$5.27	$4.54	$4.26	$3.54	$2.92	$1.95	$1.87	$1.31
Tangible Book Value per Share	($2.12)	($1.72)	($3.02)	($3.77)	($4.57)	($4.98)	($5.81)	($6.36)	($7.44)	($7.61)	($8.26)
Total Capital	1,347	1,376	1,289	1,499	1,705	1,681	1,640	1,606	1,558	1,528	1,492
Total Debt	894	893	892	1,141	1,391	1,390	1,396	1,404	1,412	1,392	1,389
Total Long-Term Debt	664	893	892	891	1,142	1,141	1,140	1,387	1,386	1,384	1,383
Net Debt	27	6.76	46	96	146	185	234	277	324	317	344
Capital Expenditures (CapEx)	14	7.27	6.51	6.31	6.75	6.83	5.62	6.59	8.56	5.49	7.63
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-224	-216	-210	-205	-202	-190	-192	-181	-182	-185	-177
Debt-free Net Working Capital (DFNWC)	642	670	636	840	1,043	1,014	970	945	906	890	869
Net Working Capital (NWC)	413	670	636	591	794	765	713	929	880	882	862
Net Nonoperating Expense (NNE)	-3.38	-33	-7.26	-73	-13	-12	-15	-11	-3.99	-7.00	3.99
Net Nonoperating Obligations (NNO)	27	6.76	46	96	146	185	234	277	324	317	344
Total Depreciation and Amortization (D&A)	10	13	11	7.23	5.49	5.34	5.09	5.48	5.85	7.67	9.81
Debt-free, Cash-free Net Working Capital to Revenue	-33.80%	-33.02%	-32.89%	-32.78%	-33.12%	-32.29%	-33.40%	-32.46%	-33.65%	-35.44%	-35.50%
Debt-free Net Working Capital to Revenue	96.93%	102.58%	99.42%	134.60%	171.47%	171.86%	168.96%	169.46%	167.18%	170.14%	174.39%
Net Working Capital to Revenue	62.32%	102.58%	99.42%	94.58%	130.46%	129.62%	124.22%	166.50%	162.39%	168.61%	173.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.10	$0.89	$0.28	$1.24	$0.18	$0.36	$0.20	$0.51	($0.20)	$0.20	($0.34)
Adjusted Weighted Average Basic Shares Outstanding	62.82M	62.13M	62.25M	61.98M	61.64M	60.85M	61.10M	60.70M	60.19M	59.54M	59.70M
Adjusted Diluted Earnings per Share	$0.10	$0.79	$0.27	$0.22	$0.17	$0.37	$0.19	$0.45	($0.20)	$0.20	($0.34)
Adjusted Weighted Average Diluted Shares Outstanding	64.84M	73.50M	73.97M	72.52M	72.89M	72.05M	72.10M	71.80M	60.19M	59.54M	59.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	62.32M	62.81M	62.49M	62.18M	61.82M	61.52M	61.27M	60.98M	60.49M	60.05M	59.78M
Normalized Net Operating Profit after Tax (NOPAT)	4.71	4.35	7.62	2.96	2.07	13	5.31	17	-10	4.98	-15
Normalized NOPAT Margin	2.82%	2.56%	4.59%	1.85%	1.31%	8.32%	3.53%	12.09%	-7.20%	3.56%	-11.17%
Pre Tax Income Margin	5.96%	7.73%	10.05%	49.40%	9.93%	16.79%	7.61%	20.05%	-4.39%	7.02%	-13.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.42	2.46	3.12	0.00	1.19	8.64	-0.72	12.19	-10.52	2.24	-14.45
NOPAT to Interest Expense	0.75	11.94	2.73	0.00	1.12	8.01	-0.85	11.80	-7.37	2.39	-10.12
EBIT Less CapEx to Interest Expense	-4.18	-0.42	0.69	0.00	-3.40	4.03	-4.49	7.71	-16.40	-1.51	-19.60
NOPAT Less CapEx to Interest Expense	-4.85	9.06	0.30	0.00	-3.47	3.40	-4.62	7.32	-13.25	-1.36	-15.26
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About BlackLine's Financials

When does BlackLine's financial year end?

According to the most recent income statement we have on file, BlackLine's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has BlackLine's net income changed over the last 9 years?

BlackLine's net income appears to be on a downward trend, with a most recent value of $167.77 million in 2024, falling from -$24.73 million in 2015. The previous period was $59.06 million in 2023. Check out BlackLine's forecast to explore projected trends and price targets.

What is BlackLine's operating income?

BlackLine's total operating income in 2024 was $18.54 million, based on the following breakdown:

Total Gross Profit: $491.37 million
Total Operating Expenses: $472.84 million

How has BlackLine revenue changed over the last 9 years?

Over the last 9 years, BlackLine's total revenue changed from $83.61 million in 2015 to $653.34 million in 2024, a change of 681.4%.

How much debt does BlackLine have?

BlackLine's total liabilities were at $1.34 billion at the end of 2024, a 25.9% decrease from 2023, and a 1,012.8% increase since 2015.

How much cash does BlackLine have?

In the past 9 years, BlackLine's cash and equivalents has ranged from $15.21 million in 2015 to $885.92 million in 2024, and is currently $885.92 million as of their latest financial filing in 2024.

How has BlackLine's book value per share changed over the last 9 years?

Over the last 9 years, BlackLine's book value per share changed from 4.09 in 2015 to 7.15 in 2024, a change of 74.6%.

Related Companies

This page (NASDAQ:BL) was last updated on 5/31/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

BlackLine (BL) Financials

Frequently Asked Questions About BlackLine's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

BlackLine (BL) Financials

Annual Income Statements for BlackLine

Quarterly Income Statements for BlackLine

Annual Cash Flow Statements for BlackLine

Quarterly Cash Flow Statements for BlackLine

Annual Balance Sheets for BlackLine

Quarterly Balance Sheets for BlackLine

Annual Metrics And Ratios for BlackLine

Quarterly Metrics And Ratios for BlackLine

Frequently Asked Questions About BlackLine's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools