BLACKLINE INC (BL) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:BL • US09239B1098

46.4 USD

-0.51 (-1.09%)

Last: Jan 30, 2026, 03:00 PM

Fundamental Rating

Overall BL gets a fundamental rating of 4 out of 10. We evaluated BL against 278 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 decent growth rate and is not valued too expensively.

Quickly go to:

1. Profitability

1.1 Basic Checks

BL had positive earnings in the past year.
In the past year BL had a positive cash flow from operations.
In multiple years BL reported negative net income over the last 5 years.
BL had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

The Return On Assets of BL (4.44%) is better than 71.22% of its industry peers.
BL has a Return On Equity of 23.04%. This is amongst the best in the industry. BL outperforms 89.21% of its industry peers.
BL's Return On Invested Capital of 2.51% is fine compared to the rest of the industry. BL outperforms 67.99% of its industry peers.

		Industry Rank	Sector Rank
ROA	4.44%
ROE	23.04%
ROIC	2.51%

ROA(3y)3.28%

ROA(5y)-0.14%

ROE(3y)10.02%

ROE(5y)-3.3%

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

The Profit Margin of BL (11.01%) is better than 71.58% of its industry peers.
BL has a better Operating Margin (4.89%) than 67.63% of its industry peers.
BL's Gross Margin of 75.34% is fine compared to the rest of the industry. BL outperforms 67.27% 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	4.89%
PM (TTM)	11.01%
GM	75.34%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y-0.78%

GM growth 5Y-1.12%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BL is destroying value.
Compared to 1 year ago, BL has more shares outstanding
BL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BL has been reduced compared to a year ago.

2.2 Solvency

An Altman-Z score of 1.90 indicates that BL is not a great score, but indicates only limited risk for bankruptcy at the moment.
BL has a Altman-Z score (1.90) which is comparable to the rest of the industry.
BL has a debt to FCF ratio of 5.17. This is a neutral value as BL would need 5.17 years to pay back of all of its debts.
BL has a Debt to FCF ratio (5.17) which is comparable to the rest of the industry.
BL has a Debt/Equity ratio of 2.03. This is a high value indicating a heavy dependency on external financing.
BL's Debt to Equity ratio of 2.03 is on the low side compared to the rest of the industry. BL is outperformed by 81.65% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	2.03
Debt/FCF	5.17
Altman-Z	1.9

ROIC/WACC0.26

WACC9.54%

2.3 Liquidity

A Current Ratio of 1.52 indicates that BL should not have too much problems paying its short term obligations.
The Current ratio of BL (1.52) is comparable to the rest of the industry.
A Quick Ratio of 1.52 indicates that BL should not have too much problems paying its short term obligations.
BL has a Quick ratio of 1.52. This is comparable to the rest of the industry: BL outperforms 46.76% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	1.52
Quick Ratio	1.52

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

BL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.84%.
The Earnings Per Share has been growing by 41.21% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 7.36% in the past year.
BL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.72% yearly.

EPS 1Y (TTM)-17.84%

EPS 3Y55.72%

EPS 5Y41.21%

EPS Q2Q%-15%

Revenue 1Y (TTM)7.36%

Revenue growth 3Y15.35%

Revenue growth 5Y17.72%

Sales Q2Q%7.46%

3.2 Future

The Earnings Per Share is expected to grow by 8.81% on average over the next years. This is quite good.
Based on estimates for the next years, BL will show a quite strong growth in Revenue. The Revenue will grow by 11.53% on average per year.

EPS Next Y-1.67%

EPS Next 2Y5.24%

EPS Next 3Y8.81%

EPS Next 5YN/A

Revenue Next Year7.36%

Revenue Next 2Y8.04%

Revenue Next 3Y9.21%

Revenue Next 5Y11.53%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 23.43, which indicates a rather expensive current valuation of BL.
BL's Price/Earnings ratio is a bit cheaper when compared to the industry. BL is cheaper than 66.91% of the companies in the same industry.
BL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.39.
With a Price/Forward Earnings ratio of 19.13, BL is valued on the expensive side.
Based on the Price/Forward Earnings ratio, BL is valued a bit cheaper than 71.94% of the companies in the same industry.
BL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.72.

		Industry Rank	Sector Rank
PE	23.43
Fwd PE	19.13

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, BL is valued a bit cheaper than the industry average as 66.55% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BL indicates a rather cheap valuation: BL is cheaper than 80.94% of the companies listed in the same industry.