BLACKLINE INC (BL) Stock Fundamental Analysis
NASDAQ:BL • US09239B1098
32.85 USD
+0.33 (+1.01%)
At close: Feb 25, 2026
32.6879 USD
-0.16 (-0.49%)
After Hours: 2/25/2026, 8:00:02 PM
We assign a fundamental rating of 5 out of 10 to BL. BL was compared to 274 industry peers in the Software industry. While BL is still in line with the averages on profitability rating, there are concerns on its financial health. BL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year BL was profitable.
- BL had a positive operating cash flow in the past year.
- In multiple years BL reported negative net income over the last 5 years.
- In the past 5 years BL always reported a positive cash flow from operatings.
1.2 Ratios
- BL's Return On Assets of 1.39% is fine compared to the rest of the industry. BL outperforms 60.58% of its industry peers.
- BL has a Return On Equity of 7.38%. This is in the better half of the industry: BL outperforms 68.61% of its industry peers.
- BL has a better Return On Invested Capital (2.98%) than 68.25% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BL is significantly below the industry average of 10.77%.
- The 3 year average ROIC (1.92%) for BL is below the current ROIC(2.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 7.38% | ||
| ROIC | 2.98% |
ROA(3y)4.25%
ROA(5y)0.98%
ROE(3y)21.24%
ROE(5y)0.4%
ROIC(3y)1.92%
ROIC(5y)N/A
1.3 Margins
- BL's Profit Margin of 3.50% is fine compared to the rest of the industry. BL outperforms 61.68% of its industry peers.
- BL has a Operating Margin of 5.74%. This is in the better half of the industry: BL outperforms 67.88% of its industry peers.
- BL's Gross Margin of 75.25% is fine compared to the rest of the industry. BL outperforms 66.79% of its industry peers.
- In the last couple of years the Gross Margin of BL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.74% | ||
| PM (TTM) | 3.5% | ||
| GM | 75.25% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.01%
GM growth 5Y-1.32%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BL is destroying value.
- Compared to 1 year ago, BL has less shares outstanding
- The number of shares outstanding for BL has been increased compared to 5 years ago.
- The debt/assets ratio for BL is higher compared to a year ago.
2.2 Solvency
- BL has an Altman-Z score of 1.50. This is a bad value and indicates that BL is not financially healthy and even has some risk of bankruptcy.
- BL's Altman-Z score of 1.50 is in line compared to the rest of the industry. BL outperforms 47.45% of its industry peers.
- The Debt to FCF ratio of BL is 6.64, which is on the high side as it means it would take BL, 6.64 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 6.64, BL perfoms like the industry average, outperforming 52.55% of the companies in the same industry.
- BL has a Debt/Equity ratio of 2.00. This is a high value indicating a heavy dependency on external financing.
- BL has a Debt to Equity ratio of 2.00. This is amonst the worse of the industry: BL underperforms 82.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 6.64 | ||
| Altman-Z | 1.5 |
ROIC/WACC0.28
WACC10.48%
2.3 Liquidity
- BL has a Current Ratio of 1.47. This is a normal value and indicates that BL is financially healthy and should not expect problems in meeting its short term obligations.
- BL has a Current ratio (1.47) which is in line with its industry peers.
- BL has a Quick Ratio of 1.47. This is a normal value and indicates that BL is financially healthy and should not expect problems in meeting its short term obligations.
- With a Quick ratio value of 1.47, BL perfoms like the industry average, outperforming 44.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
- The earnings per share for BL have decreased by -2.28% in the last year.
- The Earnings Per Share has been growing by 23.00% on average over the past years. This is a very strong growth
- Looking at the last year, BL shows a small growth in Revenue. The Revenue has grown by 7.21% in the last year.
- BL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.77% yearly.
EPS 1Y (TTM)-2.28%
EPS 3Y49.54%
EPS 5Y23%
EPS Q2Q%34.04%
Revenue 1Y (TTM)7.21%
Revenue growth 3Y10.23%
Revenue growth 5Y14.77%
Sales Q2Q%8.1%
3.2 Future
- The Earnings Per Share is expected to grow by 14.82% on average over the next years. This is quite good.
- The Revenue is expected to grow by 12.47% on average over the next years. This is quite good.
EPS Next Y12.93%
EPS Next 2Y14.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.38%
Revenue Next 2Y10.06%
Revenue Next 3Y11.24%
Revenue Next 5Y12.47%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.35, the valuation of BL can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of BL indicates a somewhat cheap valuation: BL is cheaper than 78.47% of the companies listed in the same industry.
- BL is valuated rather cheaply when we compare the Price/Earnings ratio to 27.05, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 13.59, the valuation of BL can be described as correct.
- Based on the Price/Forward Earnings ratio, BL is valued a bit cheaper than the industry average as 78.10% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of BL to the average of the S&P500 Index (28.03), we can say BL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.35 | ||
| Fwd PE | 13.59 |
4.2 Price Multiples
- 72.63% of the companies in the same industry are more expensive than BL, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BL indicates a rather cheap valuation: BL is cheaper than 82.12% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.49 | ||
| EV/EBITDA | 19.42 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of BL may justify a higher PE ratio.
- BL's earnings are expected to grow with 14.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.19
PEG (5Y)0.67
EPS Next 2Y14.82%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for BL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
32.85
+0.33 (+1.01%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-10 2026-02-10/amc
Earnings (Next)05-04 2026-05-04/amc
Inst Owners96.63%
Inst Owner Change3.88%
Ins Owners8.65%
Ins Owner Change1.71%
Market Cap1.95B
Revenue(TTM)700.43M
Net Income(TTM)24.52M
Analysts74.17
Price Target61.53 (87.31%)
Short Float %12.02%
Short Ratio6.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.07%
Min EPS beat(2)-1.98%
Max EPS beat(2)4.12%
EPS beat(4)2
Avg EPS beat(4)5.9%
Min EPS beat(4)-2.94%
Max EPS beat(4)24.4%
EPS beat(8)5
Avg EPS beat(8)6.36%
EPS beat(12)9
Avg EPS beat(12)21.38%
EPS beat(16)13
Avg EPS beat(16)91.72%
Revenue beat(2)0
Avg Revenue beat(2)-2.8%
Min Revenue beat(2)-2.81%
Max Revenue beat(2)-2.8%
Revenue beat(4)0
Avg Revenue beat(4)-2.66%
Min Revenue beat(4)-2.81%
Max Revenue beat(4)-2.23%
Revenue beat(8)0
Avg Revenue beat(8)-2.13%
Revenue beat(12)0
Avg Revenue beat(12)-2.18%
Revenue beat(16)0
Avg Revenue beat(16)-2.21%
PT rev (1m)-1.63%
PT rev (3m)-2.04%
EPS NQ rev (1m)-18.22%
EPS NQ rev (3m)-18.38%
EPS NY rev (1m)-0.37%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-0.18%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.35 | ||
| Fwd PE | 13.59 | ||
| P/S | 2.79 | ||
| P/FCF | 14.49 | ||
| P/OCF | 11.52 | ||
| P/B | 5.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.42 |
EPS(TTM)2.14
EY6.51%
EPS(NY)2.42
Fwd EY7.36%
FCF(TTM)2.27
FCFY6.9%
OCF(TTM)2.85
OCFY8.68%
SpS11.77
BVpS5.59
TBVpS-3.91
PEG (NY)1.19
PEG (5Y)0.67
Graham Number16.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 7.38% | ||
| ROCE | 3.78% | ||
| ROIC | 2.98% | ||
| ROICexc | 11.1% | ||
| ROICexgc | N/A | ||
| OM | 5.74% | ||
| PM (TTM) | 3.5% | ||
| GM | 75.25% | ||
| FCFM | 19.26% |
ROA(3y)4.25%
ROA(5y)0.98%
ROE(3y)21.24%
ROE(5y)0.4%
ROIC(3y)1.92%
ROIC(5y)N/A
ROICexc(3y)7.89%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)2.43%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.01%
GM growth 5Y-1.32%
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 6.64 | ||
| Debt/EBITDA | 7.68 | ||
| Cap/Depr | 74.51% | ||
| Cap/Sales | 4.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 195.55% | ||
| Profit Quality | 550.19% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 1.5 |
F-Score7
WACC10.48%
ROIC/WACC0.28
Cap/Depr(3y)60.97%
Cap/Depr(5y)67.83%
Cap/Sales(3y)4.58%
Cap/Sales(5y)4.99%
Profit Quality(3y)279.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.28%
EPS 3Y49.54%
EPS 5Y23%
EPS Q2Q%34.04%
EPS Next Y12.93%
EPS Next 2Y14.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.21%
Revenue growth 3Y10.23%
Revenue growth 5Y14.77%
Sales Q2Q%8.1%
Revenue Next Year9.38%
Revenue Next 2Y10.06%
Revenue Next 3Y11.24%
Revenue Next 5Y12.47%
EBIT growth 1Y99.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year36.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-17.74%
FCF growth 3Y73.5%
FCF growth 5Y30.74%
OCF growth 1Y-11.15%
OCF growth 3Y44.66%
OCF growth 5Y25.37%
BLACKLINE INC / BL FAQ
What is the fundamental rating for BL stock?
ChartMill assigns a fundamental rating of 5 / 10 to BL.
Can you provide the valuation status for BLACKLINE INC?
ChartMill assigns a valuation rating of 6 / 10 to BLACKLINE INC (BL). This can be considered as Fairly Valued.
Can you provide the profitability details for BLACKLINE INC?
BLACKLINE INC (BL) has a profitability rating of 6 / 10.
What is the expected EPS growth for BLACKLINE INC (BL) stock?
The Earnings per Share (EPS) of BLACKLINE INC (BL) is expected to grow by 12.93% in the next year.