BLACKLINE INC (BL) Fundamental Analysis & Valuation

NASDAQ:BL • US09239B1098

Current stock price

31.73 USD
+0.17 (+0.54%)
At close:
30.9 USD
-0.83 (-2.62%)
After Hours:

This BL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. BL Profitability Analysis

1.1 Basic Checks

  • BL had positive earnings in the past year.
  • BL had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: BL reported negative net income in multiple years.
  • Each year in the past 5 years BL had a positive operating cash flow.
BL Yearly Net Income VS EBIT VS OCF VS FCFBL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M

1.2 Ratios

  • BL's Return On Assets of 1.39% is fine compared to the rest of the industry. BL outperforms 62.50% of its industry peers.
  • The Return On Equity of BL (7.38%) is better than 71.32% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 2.98%, BL is in the better half of the industry, outperforming 68.38% of the companies in the same industry.
  • BL had an Average Return On Invested Capital over the past 3 years of 1.92%. This is significantly below the industry average of 10.91%.
  • The last Return On Invested Capital (2.98%) for BL is above the 3 year average (1.92%), which is a sign of increasing profitability.
Industry RankSector 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
BL Yearly ROA, ROE, ROICBL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20

1.3 Margins

  • With a decent Profit Margin value of 3.50%, BL is doing good in the industry, outperforming 64.71% of the companies in the same industry.
  • BL's Operating Margin of 5.74% is fine compared to the rest of the industry. BL outperforms 68.38% of its industry peers.
  • The Gross Margin of BL (75.25%) is better than 67.28% of its industry peers.
  • BL's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
BL Yearly Profit, Operating, Gross MarginsBL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. BL Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BL is destroying value.
  • The number of shares outstanding for BL has been reduced compared to 1 year ago.
  • BL has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, BL has a worse debt to assets ratio.
BL Yearly Shares OutstandingBL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
BL Yearly Total Debt VS Total AssetsBL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • Based on the Altman-Z score of 1.47, we must say that BL is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.47, BL is in line with its industry, outperforming 45.96% of the companies in the same industry.
  • BL has a debt to FCF ratio of 6.64. This is a slightly negative value and a sign of low solvency as BL would need 6.64 years to pay back of all of its debts.
  • BL has a Debt to FCF ratio of 6.64. This is comparable to the rest of the industry: BL outperforms 52.21% of its industry peers.
  • A Debt/Equity ratio of 2.00 is on the high side and indicates that BL has dependencies on debt financing.
  • The Debt to Equity ratio of BL (2.00) is worse than 80.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 2
Debt/FCF 6.64
Altman-Z 1.47
ROIC/WACC0.33
WACC9%
BL Yearly LT Debt VS Equity VS FCFBL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

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.
  • With a Current ratio value of 1.47, BL perfoms like the industry average, outperforming 45.22% of the companies in the same industry.
  • 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.
  • BL has a Quick ratio (1.47) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.47
BL Yearly Current Assets VS Current LiabilitesBL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. BL Growth Analysis

3.1 Past

  • BL shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.28%.
  • The Earnings Per Share has been growing by 23.00% on average over the past years. This is a very strong growth
  • BL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.21%.
  • Measured over the past years, BL shows a quite strong growth in Revenue. The Revenue has been growing by 14.77% on average per year.
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 16.46% 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 Y15.56%
EPS Next 2Y15.23%
EPS Next 3Y16.46%
EPS Next 5YN/A
Revenue Next Year9.38%
Revenue Next 2Y10.14%
Revenue Next 3Y10.79%
Revenue Next 5Y12.47%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
BL Yearly Revenue VS EstimatesBL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M 800M 1B
BL Yearly EPS VS EstimatesBL Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

7

4. BL Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 14.83, which indicates a correct valuation of BL.
  • Based on the Price/Earnings ratio, BL is valued cheaply inside the industry as 81.99% of the companies are valued more expensively.
  • BL's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.79.
  • A Price/Forward Earnings ratio of 12.83 indicates a correct valuation of BL.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BL indicates a somewhat cheap valuation: BL is cheaper than 79.41% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 38.88, BL is valued rather cheaply.
Industry RankSector Rank
PE 14.83
Fwd PE 12.83
BL Price Earnings VS Forward Price EarningsBL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • BL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BL is cheaper than 75.37% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, BL is valued cheaper than 83.09% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.02
EV/EBITDA 18.58
BL Per share dataBL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • BL has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as BL's earnings are expected to grow with 16.46% in the coming years.
PEG (NY)0.95
PEG (5Y)0.64
EPS Next 2Y15.23%
EPS Next 3Y16.46%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. BL Dividend Analysis

5.1 Amount

  • No dividends for BL!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

BL Fundamentals: All Metrics, Ratios and Statistics

BLACKLINE INC

NASDAQ:BL (4/22/2026, 8:10:05 PM)

After market: 30.9 -0.83 (-2.62%)

31.73

+0.17 (+0.54%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-10
Earnings (Next)04-30
Inst Owners103.19%
Inst Owner Change-0.01%
Ins Owners8.69%
Ins Owner Change18.12%
Market Cap1.89B
Revenue(TTM)700.43M
Net Income(TTM)24.52M
Analysts74.17
Price Target56.58 (78.32%)
Short Float %11.77%
Short Ratio4.17
Dividend
Industry RankSector 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)-1.02%
PT rev (3m)-9.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.2%
EPS NY rev (1m)0%
EPS NY rev (3m)1.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.6%
Valuation
Industry RankSector Rank
PE 14.83
Fwd PE 12.83
P/S 2.7
P/FCF 14.02
P/OCF 11.16
P/B 5.69
P/tB N/A
EV/EBITDA 18.58
EPS(TTM)2.14
EY6.74%
EPS(NY)2.47
Fwd EY7.79%
FCF(TTM)2.26
FCFY7.13%
OCF(TTM)2.84
OCFY8.96%
SpS11.75
BVpS5.57
TBVpS-3.9
PEG (NY)0.95
PEG (5Y)0.64
Graham Number16.3827 (-48.37%)
Profitability
Industry RankSector 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 RankSector Rank
Debt/Equity 2
Debt/FCF 6.64
Debt/EBITDA 7.68
Cap/Depr 74.51%
Cap/Sales 4.95%
Interest Coverage 5.95
Cash Conversion 195.55%
Profit Quality 550.19%
Current Ratio 1.47
Quick Ratio 1.47
Altman-Z 1.47
F-Score7
WACC9%
ROIC/WACC0.33
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 Y15.56%
EPS Next 2Y15.23%
EPS Next 3Y16.46%
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 2Y10.14%
Revenue Next 3Y10.79%
Revenue Next 5Y12.47%
EBIT growth 1Y99.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.16%
EBIT Next 3Y23.11%
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 Fundamental Analysis 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 7 / 10 to BLACKLINE INC (BL). This can be considered as Undervalued.


What is the profitability of BL stock?

BLACKLINE INC (BL) has a profitability rating of 6 / 10.


What is the financial health of BLACKLINE INC (BL) stock?

The financial health rating of BLACKLINE INC (BL) is 3 / 10.