(BL) Blackline - Overview
Sector: Technology | Industry: Software - Application | Exchange: NASDAQ (USA) | Market Cap: 1.725m USD | Total Return: -50.8% in 12m
Avg Turnover: 41.5M
EPS Trend: 67.5%
Qual. Beats: 1
Rev. Trend: 99.4%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
BlackLine, Inc. (NASDAQ: BL) provides a cloud-based Software-as-a-Service (SaaS) platform designed to automate complex accounting processes, including financial close, consolidation, and intercompany settlements. Its core product suite features account reconciliation, transaction matching, and journal entry management, which transition traditional manual workflows into centralized digital environments. The company serves a diverse client base ranging from mid-market firms to large multinational corporations through a direct sales model.
The business operates within the financial corporate performance management (FCPM) sector, a niche characterized by high customer retention due to the deep integration of these tools into critical financial reporting cycles. By automating repetitive tasks, BlackLine reduces the risk of human error in balance sheet integrity and helps organizations maintain compliance with global regulatory standards. For a more granular look at the companys valuation metrics, consider exploring the data on ValueRay.
Headquartered in Woodland Hills, California, BlackLine also maintains strategic partnerships with major ERP providers, most notably offering a Smart Close solution specifically for SAP environments. This integration-heavy business model allows the company to capture data directly from underlying accounting systems, facilitating real-time variance analysis and cash application management.
- Enterprise digital transformation drives cloud-based accounting automation software adoption
- Strategic partnership with SAP accelerates market penetration and revenue growth
- Expansion into mid-market segments diversifies customer base and subscription income
- Integration of AI-driven financial close solutions improves platform monetization rates
- Corporate cost-cutting initiatives impact enterprise software seat growth and retention
| Net Income: 26.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 1.72 > 1.0 |
| NWC/Revenue: 42.19% < 20% (prev 62.32%; Δ -20.13% < -1%) |
| CFO/TA 0.12 > 3% & CFO 169.1m > Net Income 26.6m |
| Net Debt (182.9m) to EBITDA (106.1m): 1.72 < 3 |
| Current Ratio: 1.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (69.8m) vs 12m ago 7.71% < -2% |
| Gross Margin: 75.34% > 18% (prev 75.29%; Δ 0.05% > 0.5%) |
| Asset Turnover: 44.28% > 50% (prev 37.21%; Δ 7.07% > 0%) |
| Interest Coverage Ratio: 5.82 > 6 (EBIT TTM 58.9m / Interest Expense TTM 10.1m) |
| A: 0.21 (Total Current Assets 732.1m - Total Current Liabilities 429.7m) / Total Assets 1.46b |
| B: -0.01 (Retained Earnings -21.3m / Total Assets 1.46b) |
| C: 0.04 (EBIT TTM 58.9m / Avg Total Assets 1.62b) |
| D: 0.27 (Book Value of Equity 305.9m / Total Liabilities 1.12b) |
| Altman-Z'' = 1.85 = BBB |
| DSRI: 1.10 (Receivables 174.9m/146.6m, Revenue 716.7m/662.8m) |
| GMI: 1.00 (GM 75.29% / 75.34%) |
| AQI: 1.21 (AQ_t 0.47 / AQ_t-1 0.39) |
| SGI: 1.08 (Revenue 716.7m / 662.8m) |
| TATA: -0.10 (NI 26.6m - CFO 169.1m) / TA 1.46b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of June 07, 2026, the stock is trading at USD 28.66 with a total of 1,319,656 shares traded.
Over the past week, the price has changed by -2.52%,
over one month by -11.38%,
over three months by -23.78% and
over the past year by -50.77%.
Blackline has received a consensus analysts rating of 3.57. Therefore, it is recommended to hold BL.
- StrongBuy: 4
- Buy: 2
- Hold: 6
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 41.8 | 45.7% |
P/E Trailing = 70.0
P/E Forward = 48.5437
P/S = 2.251
P/B = 5.1461
P/EG = 4.5345
Revenue TTM = 716.7m USD
EBIT TTM = 58.9m USD
EBITDA TTM = 106.1m USD
Long Term Debt = 666.7m USD (from longTermDebt, last quarter)
Short Term Debt = 4.87m USD (from shortTermDebt, last quarter)
Debt = 708.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 20.6m
Net Debt = 182.9m USD (calculated: Debt 708.0m - CCE 525.1m)
Enterprise Value = 1.91b USD (1.72b + Debt 708.0m - CCE 525.1m)
Interest Coverage Ratio = 5.82 (Ebit TTM 58.9m / Interest Expense TTM 10.1m)
EV/FCF = 11.57x (Enterprise Value 1.91b / FCF TTM 164.9m)
FCF Yield = 8.64% (FCF TTM 164.9m / Enterprise Value 1.91b)
FCF Margin = 23.01% (FCF TTM 164.9m / Revenue TTM 716.7m)
Net Margin = 3.71% (Net Income TTM 26.6m / Revenue TTM 716.7m)
Gross Margin = 75.34% ((Revenue TTM 716.7m - Cost of Revenue TTM 176.7m) / Revenue TTM)
Gross Margin QoQ = 75.97% (prev 75.04%)
Tobins Q-Ratio = 1.31 (Enterprise Value 1.91b / Total Assets 1.46b)
Interest Expense / Debt = 1.43% (Interest Expense 10.1m / Debt 708.0m)
Taxrate = 46.19% (22.2m / 48.1m)
NOPAT = 31.7m (EBIT 58.9m * (1 - 46.19%))
Current Ratio = 1.70 (Total Current Assets 732.1m / Total Current Liabilities 429.7m)
Debt / Equity = 2.31 (Debt 708.0m / totalStockholderEquity, last quarter 305.9m)
Debt / EBITDA = 1.72 (Net Debt 182.9m / EBITDA 106.1m)
Debt / FCF = 1.11 (Net Debt 182.9m / FCF TTM 164.9m)
Total Stockholder Equity = 345.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.64% (Net Income 26.6m / Total Assets 1.46b)
RoE = 7.70% (Net Income TTM 26.6m / Total Stockholder Equity 345.2m)
RoCE = 5.82% (EBIT 58.9m / Capital Employed (Equity 345.2m + L.T.Debt 666.7m))
RoIC = 3.18% (NOPAT 31.7m / Invested Capital 994.8m)
WACC = 5.60% (E(1.72b)/V(2.43b) * Re(7.59%) + D(708.0m)/V(2.43b) * Rd(1.43%) * (1-Tc(0.46)))
Discount Rate = 7.59% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -33.33 | Cagr: -1.63%
[DCF] Terminal Value 74.93% ; FCFF base≈167.4m ; Y1≈162.9m ; Y5≈162.1m
[DCF] Fair Price = 40.15 (EV 2.54b - Net Debt 182.9m = Equity 2.36b / Shares 58.7m; r=8.35% [WACC [floored]]; 5y FCF grow -3.70% → 2.50% )
EPS Correlation: 67.51 | EPS CAGR: 14.00% | SUE: 2.23 | # QB: 1
Revenue Correlation: 99.42 | Revenue CAGR: 9.24% | SUE: 1.95 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.57 | Chg30d=-2.85% | Revisions=-71% | Analysts=15
EPS next Quarter (2026-09-30): EPS=0.64 | Chg30d=-1.06% | Revisions=-29% | Analysts=15
EPS current Year (2026-12-31): EPS=2.47 | Chg30d=+2.75% | Revisions=+65% | GrowthEPS=+15.9% | GrowthRev=+9.5%
EPS next Year (2027-12-31): EPS=2.79 | Chg30d=+1.31% | Revisions=+50% | GrowthEPS=+13.2% | GrowthRev=+10.8%
[Analyst] Revisions Ratio: -71%