# BlackLine Inc. (BL) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Software. Price $33.34, market value $1.9 billion.

## Valuation
- **P/E (trailing): 58.5×** (5-yr avg 86.9×, 3-yr avg 86.9×). BlackLine Inc. trades at 58.5× trailing earnings, well below its own five-year average of 86.9×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 12.1×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 2.6×**. Each dollar of revenue is priced at 2.6×.
- **Price / book: 6.2×**. The shares trade at 6.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 9.1%** (5-yr avg 2.7%). Free cash flow equals 9.1% of the market value, above its five-year average of 2.7%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 1.7%**. The inverse of the P/E: 1.7% of the price is earned each year.

## Profitability
- **Gross margin: 75.6%**. BlackLine Inc. keeps 75.6% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 4.3%**. 4.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 3.5%**. 3.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.4%**. 7.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 2.0%**. Each dollar of assets produces 2.0% of profit.

## Growth
- **Revenue growth (1 yr): 7.2%** (3-yr 10.2%/yr, 5-yr 14.8%/yr). Revenue grew 7.2% over the last year, against 14.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -73.1%**. Earnings per share fell 73.1%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 53.1%/yr**. Free cash flow has compounded at 53.1% a year over three years.

## Financial health
- **Current ratio: 1.47** (quick 1.47). Current assets cover the next year's liabilities 1.47 times.
- **Altman Z-score: 1.77**. A Z-score of 1.77 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. BlackLine Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (10 analysts). 10 analysts cover BlackLine Inc.; the consensus is hold, with an average price target of $38.10 (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -40.5%** (YTD -38.3%, 3-mo 4.0%). The shares are down 40.5% over twelve months including dividends.
- **From 52-week high: -44.0%** (35.0% above the low). Trading 44% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 68**. An RSI of 68 is neutral.
- **Beta (1 yr): 0.65** (volatility 54%). Beta of 0.65 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BL · Page: https://foliofundamentals.com/stocks/bl

Not investment advice.