BlackLine (BL) Financials

$47.22 +0.36 (+0.77%)

Closing price 04:00 PM Eastern

Extended Trading

$47.24 +0.02 (+0.03%)

As of 04:08 PM Eastern

Annual Income Statements for BlackLine

This table shows BlackLine's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-25	-26	-33	-29	-33	-47	-115	-29	53	161
Consolidated Net Income / (Loss)	-25	-26	-33	-29	-32	-39	-101	-34	59	168
Net Income / (Loss) Continuing Operations	-25	-26	-33	-29	-32	-39	-101	-34	59	168
Total Pre-Tax Income	-38	-35	-33	-28	-30	-39	-101	-47	61	125
Total Operating Income	-35	-23	-30	-30	-28	-20	-39	-56	14	19
Total Gross Profit	61	98	134	177	230	283	328	394	443	491
Total Revenue	84	128	176	228	289	352	426	523	590	653
Operating Revenue	84	128	176	228	289	352	426	523	590	653
Total Cost of Revenue	23	30	41	51	59	69	98	129	147	162
Operating Cost of Revenue	23	30	41	51	59	69	98	129	147	162
Total Operating Expenses	96	121	165	207	258	303	366	450	429	473
Selling, General & Admin Expense	21	28	37	47	56	72	87	80	72	122
Marketing Expense	57	72	104	129	159	175	203	257	243	248
Research & Development Expense	18	21	24	31	43	56	77	109	103	101
Restructuring Charge	-	-	-	-	-	0.00	0.00	3.84	11	1.72
Total Other Income / (Expense), net	-3.64	-12	-2.43	2.13	-2.52	-19	-62	8.79	46	106
Interest Expense	3.22	5.94	0.01	0.00	8.65	23	63	5.85	5.90	-56
Interest & Investment Income	0.00	0.00	1.07	2.14	6.13	4.50	0.70	15	52	50
Income Tax Expense	-14	-8.66	0.57	1.07	1.73	0.70	0.14	-14	1.45	-43
Net Income / (Loss) Attributable to Noncontrolling Interest	-	0.00	0.00	-0.06	0.39	7.51	14	-4.50	6.23	6.59
Basic Earnings per Share	($0.61)	($0.62)	($0.64)	($0.53)	($0.59)	($0.83)	($1.97)	($0.49)	$0.87	$2.59
Weighted Average Basic Shares Outstanding	40.58M	42.50M	52.16M	53.91M	55.32M	56.83M	58.35M	59.54M	60.85M	62.13M
Diluted Earnings per Share	($0.61)	($0.62)	($0.64)	($0.53)	($0.59)	($0.83)	($1.97)	($0.49)	$0.81	$1.45
Weighted Average Diluted Shares Outstanding	40.58M	42.50M	52.16M	53.91M	55.32M	56.83M	58.35M	59.54M	72.05M	73.50M
Weighted Average Basic & Diluted Shares Outstanding	40.58M	42.60M	-330.50M	53.50M	56.30M	57.79M	59.24M	60.05M	61.52M	62.81M

This table shows BlackLine's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-20	11	-12	31	12	22	11	77	17	56
Consolidated Net Income / (Loss)	-19	10	-6.73	28	13	24	15	75	15	63
Net Income / (Loss) Continuing Operations	-19	10	-6.73	28	13	24	15	75	15	63
Total Pre-Tax Income	-19	9.83	-6.10	29	11	26	16	79	17	13
Total Operating Income	-21	3.28	-15	18	-1.07	13	1.75	2.21	8.36	6.22
Total Gross Profit	102	107	104	107	114	118	118	120	125	128
Total Revenue	134	140	139	145	151	156	157	161	166	169
Operating Revenue	134	140	139	145	151	156	157	161	166	169
Total Cost of Revenue	32	33	35	37	37	38	39	40	41	41
Operating Cost of Revenue	32	33	35	37	37	38	39	40	41	41
Total Operating Expenses	123	103	119	90	115	105	117	118	116	122
Selling, General & Admin Expense	31	5.16	29	-0.15	18	25	30	31	28	32
Marketing Expense	65	66	62	63	62	57	61	60	62	65
Research & Development Expense	28	28	27	27	27	23	25	26	26	25
Restructuring Charge	0.00	3.84	1.01	0.14	8.66	1.15	0.44	0.93	0.36	-0.01
Total Other Income / (Expense), net	2.91	6.55	9.21	11	13	13	14	77	8.31	6.88
Interest Expense	1.48	1.46	1.46	1.47	1.49	1.48	1.47	-63	2.68	2.52
Interest & Investment Income	4.39	8.02	11	13	14	15	15	14	11	9.40
Income Tax Expense	0.47	-0.67	0.63	0.93	-2.01	1.90	0.87	4.34	2.10	-50
Net Income / (Loss) Attributable to Noncontrolling Interest	1.03	-0.81	5.28	-2.78	1.55	2.18	3.94	-1.73	-2.67	7.05
Basic Earnings per Share	($0.34)	$0.20	($0.20)	$0.51	$0.20	$0.36	$0.18	$1.24	$0.28	$0.89
Weighted Average Basic Shares Outstanding	59.70M	59.54M	60.19M	60.70M	61.10M	60.85M	61.64M	61.98M	62.25M	62.13M
Diluted Earnings per Share	($0.34)	$0.20	($0.20)	$0.45	$0.19	$0.37	$0.17	$0.22	$0.27	$0.79
Weighted Average Diluted Shares Outstanding	59.70M	59.54M	60.19M	71.80M	72.10M	72.05M	72.89M	72.52M	73.97M	73.50M
Weighted Average Basic & Diluted Shares Outstanding	59.78M	60.05M	60.49M	60.98M	61.27M	61.52M	61.82M	62.18M	62.49M	62.81M

This table details how cash moves in and out of BlackLine's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-11	6.91	8.99	15	74	247	172	-339	70	615
Net Cash From Operating Activities	1.01	-4.81	6.42	16	30	55	80	56	127	191
Net Cash From Continuing Operating Activities	1.01	-4.81	6.42	16	30	55	80	56	126	191
Net Income / (Loss) Continuing Operations	-25	-26	-33	-29	-32	-39	-101	-34	59	168
Consolidated Net Income / (Loss)	-25	-26	-33	-29	-32	-39	-101	-34	59	168
Depreciation Expense	15	17	20	22	21	21	27	43	50	50
Amortization Expense	0.00	0.00	0.04	-0.93	6.25	23	56	-3.36	-28	-14
Non-Cash Adjustments To Reconcile Net Income	8.51	11	20	21	39	54	77	86	82	25
Changes in Operating Assets and Liabilities, net	2.49	-6.44	-0.28	2.28	-4.94	-3.74	21	-36	-37	-38
Net Cash From Investing Activities	-12	-120	-7.03	-16	-408	174	-507	-396	-62	924
Net Cash From Continuing Investing Activities	-12	-120	-7.03	-16	-408	174	-507	-396	-62	924
Purchase of Property, Plant & Equipment	-12	-4.99	-8.63	-12	-9.69	-17	-23	-30	-28	-27
Acquisitions	0.00	-31	-	0.00	0.00	-122	0.00	-158	-11	0.00
Purchase of Investments	0.00	-83	-77	-123	-566	-266	-1,181	-1,600	-1,343	-396
Sale and/or Maturity of Investments	0.00	0.00	78	119	167	579	697	1,392	1,320	1,347
Net Cash From Financing Activities	0.86	131	9.59	15	453	19	599	1.44	6.15	-500
Net Cash From Continuing Financing Activities	0.86	131	9.59	15	453	19	599	1.44	6.15	-500
Repayment of Debt	-0.53	-61	-0.55	-0.44	0.00	0.00	-432	0.00	0.00	-1,099
Issuance of Debt	0.00	34	0.00	0.00	487	0.00	1,129	0.00	0.00	662
Issuance of Common Equity	0.00	159	0.00	4.32	5.30	6.97	11	7.00	8.01	7.01
Other Financing Activities, net	1.42	2.86	10	11	-40	12	-109	-5.56	-1.86	-71
Effect of Exchange Rate Changes	-	0.00	0.00	0.27	0.26	0.22	-0.31	-0.62	-0.12	-0.35
Cash Interest Paid	0.63	8.65	0.01	0.00	0.00	0.60	0.51	0.31	0.31	3.82
Cash Income Taxes Paid	0.01	0.18	0.87	0.59	1.01	0.62	0.89	1.12	3.10	12

This table details how cash moves in and out of BlackLine's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-18	10	22	-18	32	35	60	285	109	161
Net Cash From Operating Activities	24	26	23	25	37	42	50	41	56	44
Net Cash From Continuing Operating Activities	24	26	23	24	37	41	50	41	56	43
Net Income / (Loss) Continuing Operations	-19	10	-6.73	28	13	24	15	75	15	63
Consolidated Net Income / (Loss)	-19	10	-6.73	28	13	24	15	75	15	63
Depreciation Expense	11	12	12	12	13	13	13	13	13	12
Amortization Expense	-1.37	-4.16	-6.16	-6.87	-7.84	-7.49	-7.16	-5.43	-1.90	0.52
Non-Cash Adjustments To Reconcile Net Income	22	26	22	22	22	16	20	-41	25	21
Changes in Operating Assets and Liabilities, net	12	-18	1.34	-31	-3.13	-4.23	10	-0.47	5.67	-53
Net Cash From Investing Activities	-41	-17	9.00	-56	-11	-4.19	21	485	304	114
Net Cash From Continuing Investing Activities	-41	-17	9.00	-56	-11	-4.19	21	485	304	114
Purchase of Property, Plant & Equipment	-7.63	-5.49	-8.56	-6.59	-5.62	-6.83	-6.75	-6.31	-6.51	-7.27
Sale and/or Maturity of Investments	339	417	329	365	263	364	323	593	310	121
Net Cash From Financing Activities	-0.80	1.63	-10	14	6.10	-3.25	-11	-241	-252	3.22
Net Cash From Continuing Financing Activities	-0.80	1.63	-10	14	6.10	-3.25	-11	-241	-252	3.22
Issuance of Common Equity	-	2.53	-	-	-	2.72	-	-	-	2.76
Other Financing Activities, net	-0.80	-0.90	-10	8.25	6.10	-5.97	-11	-59	-1.08	0.46
Effect of Exchange Rate Changes	-0.15	0.22	-0.04	-0.17	-0.06	0.15	-0.21	-0.21	0.48	-0.40

This table presents BlackLine's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	287	420	461	493	1,015	1,114	1,818	1,944	2,101	1,825
Total Current Assets	48	164	188	222	723	674	1,348	1,250	1,407	1,092
Cash & Equivalents	15	22	31	46	120	367	540	201	271	886
Short-Term Investments	0.00	83	81	86	488	175	659	874	933	0.00
Accounts Receivable	24	42	62	75	103	111	125	151	172	178
Prepaid Expenses	2.80	6.61	14	14	13	20	24	24	31	28
Plant, Property, & Equipment, net	12	11	13	14	13	13	16	20	15	12
Total Noncurrent Assets	226	245	260	258	278	426	454	674	679	721
Goodwill	163	185	185	185	185	290	290	444	449	449
Intangible Assets	60	59	48	37	28	62	60	123	117	105
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	-	0.15	53
Other Noncurrent Operating Assets	2.90	1.45	27	36	65	74	104	107	113	114
Total Liabilities & Shareholders' Equity	287	420	461	493	1,015	1,114	1,818	1,944	2,101	1,825
Total Liabilities	121	129	144	170	611	679	1,464	1,808	1,810	1,342
Total Current Liabilities	74	108	134	159	207	242	323	368	643	422
Short-Term Debt	2.01	2.01	2.01	2.01	2.01	7.94	16	8.00	249	0.00
Accounts Payable	4.65	7.17	7.25	3.44	7.40	3.15	7.47	15	8.62	8.46
Accrued Expenses	15	19	21	24	30	36	51	59	60	72
Current Deferred Revenue	53	80	104	129	163	191	242	279	320	339
Other Current Liabilities	-	-	-	-	4.94	4.15	5.31	6.93	4.89	3.59
Total Noncurrent Liabilities	46	21	9.19	11	404	437	1,141	1,440	1,167	920
Long-Term Debt	28	-	-	0.00	384	407	1,114	1,384	1,141	893
Noncurrent Deferred Revenue	0.00	2.37	0.47	0.28	0.16	0.08	0.36	0.34	0.90	1.39
Noncurrent Deferred & Payable Income Tax Liabilities	5.91	1.26	1.74	3.26	4.57	6.57	8.18	5.57	6.39	4.53
Other Noncurrent Operating Liabilities	12	17	6.98	7.29	15	23	18	50	19	21
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	0.00	4.39	4.91	13	29	24	30	36
Total Equity & Noncontrolling Interests	166	291	317	319	399	422	325	112	261	447
Total Preferred & Common Equity	166	291	317	319	399	422	325	112	261	447
Total Common Equity	166	291	317	319	399	422	325	112	261	447
Common Stock	215	379	420	452	562	623	626	386	475	496
Retained Earnings	-48	-87	-103	-133	-164	-202	-302	-273	-215	-49
Accumulated Other Comprehensive Income / (Loss)	0.00	-0.04	-0.06	0.05	0.38	0.38	0.30	-1.47	0.21	-0.36

This table presents BlackLine's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,878	1,933	1,975	2,016	2,089	1,891	1,695
Total Current Assets	1,177	1,243	1,284	1,319	1,404	1,210	1,013
Cash & Equivalents	191	223	205	236	331	617	725
Short-Term Investments	855	865	922	926	913	428	121
Accounts Receivable	109	120	130	130	126	137	136
Prepaid Expenses	22	35	28	27	33	28	30
Plant, Property, & Equipment, net	21	19	17	15	13	12	11
Total Noncurrent Assets	680	670	675	682	672	669	671
Goodwill	444	444	444	449	449	449	449
Intangible Assets	126	120	117	121	113	110	107
Other Noncurrent Operating Assets	110	106	114	112	110	110	115
Total Liabilities & Shareholders' Equity	1,878	1,933	1,975	2,016	2,089	1,891	1,695
Total Liabilities	1,775	1,787	1,773	1,773	1,775	1,533	1,298
Total Current Liabilities	315	364	355	606	610	620	377
Short-Term Debt	6.51	26	17	257	250	250	0.00
Accounts Payable	5.53	4.57	7.90	4.80	1.56	2.08	3.93
Accrued Expenses	51	49	45	61	47	52	68
Current Deferred Revenue	245	277	280	278	307	311	301
Other Current Liabilities	6.23	6.88	5.43	5.00	4.76	4.50	3.98
Total Noncurrent Liabilities	1,461	1,423	1,418	1,167	1,165	913	920
Long-Term Debt	1,383	1,386	1,387	1,140	1,142	891	892
Noncurrent Deferred Revenue	0.42	0.74	0.64	0.70	2.35	1.98	1.20
Noncurrent Deferred & Payable Income Tax Liabilities	5.27	5.49	5.62	6.02	5.25	5.02	4.85
Other Noncurrent Operating Liabilities	72	31	24	20	16	15	22
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	25	29	26	28	34	32	30
Total Equity & Noncontrolling Interests	78	117	176	216	280	326	368
Total Preferred & Common Equity	78	117	176	216	280	326	368
Total Common Equity	78	117	176	216	280	326	368
Common Stock	364	397	430	456	481	452	480
Retained Earnings	-283	-280	-252	-239	-200	-126	-112
Accumulated Other Comprehensive Income / (Loss)	-3.08	-0.23	-1.53	-1.16	-0.49	-0.56	-0.12

This table displays calculated financial ratios and metrics derived from BlackLine's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	61.79%	53.14%	37.15%	29.72%	26.86%	21.72%	21.03%	22.84%	12.82%	10.74%
EBITDA Growth	-143.27%	43.21%	-19.35%	39.33%	95.54%	6,358.78%	87.22%	-138.01%	315.57%	52.16%
EBIT Growth	-61.03%	17.51%	-16.64%	11.99%	6.49%	28.70%	-94.13%	-45.54%	125.53%	29.19%
NOPAT Growth	-91.50%	33.41%	-31.17%	1.88%	6.49%	28.70%	-94.13%	-45.54%	135.60%	78.07%
Net Income Growth	-47.65%	-6.48%	-26.85%	13.86%	-11.71%	-22.57%	-156.32%	66.44%	274.26%	184.06%
EPS Growth	-45.24%	-1.64%	-3.23%	17.19%	-11.32%	-40.68%	-137.35%	75.13%	265.31%	79.01%
Operating Cash Flow Growth	-88.75%	-577.93%	233.61%	151.25%	84.16%	84.14%	46.33%	-30.07%	126.04%	50.72%
Free Cash Flow Firm Growth	0.00%	88.74%	-72.06%	81.84%	-18.36%	-1,519.68%	95.82%	-3,466.70%	95.50%	222.04%
Invested Capital Growth	0.00%	3.82%	9.87%	-6.60%	-5.68%	68.54%	-6.92%	58.56%	5.14%	2.86%
Revenue Q/Q Growth	0.00%	0.00%	5.89%	5.71%	6.62%	4.59%	4.83%	4.94%	2.75%	2.15%
EBITDA Q/Q Growth	0.00%	0.00%	2.17%	-94.06%	94.98%	5.11%	5.05%	18.33%	24.92%	1.30%
EBIT Q/Q Growth	0.00%	0.00%	-0.24%	-16.41%	11.67%	-14.08%	-30.37%	25.73%	198.23%	-26.25%
NOPAT Q/Q Growth	0.00%	0.00%	-25.92%	-16.41%	11.67%	-14.08%	-30.37%	25.73%	183.90%	6.33%
Net Income Q/Q Growth	0.00%	0.00%	-5.30%	-17.00%	-0.02%	-11.05%	-24.45%	55.91%	30.36%	30.51%
EPS Q/Q Growth	0.00%	0.00%	-6.67%	-17.78%	0.00%	-20.29%	-20.12%	62.88%	26.56%	40.78%
Operating Cash Flow Q/Q Growth	0.00%	-318.05%	394.27%	14.74%	12.92%	13.68%	10.05%	6.93%	14.90%	0.86%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	75.25%	65.02%	-22.48%	-107.69%	3.51%	65.65%	-80.58%
Invested Capital Q/Q Growth	0.00%	0.00%	9.95%	-3.13%	-9.71%	1.37%	0.30%	1.57%	-0.36%	10.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	72.81%	76.40%	76.43%	77.67%	79.59%	80.39%	77.01%	75.26%	75.12%	75.21%
EBITDA Margin	-24.51%	-9.09%	-7.91%	-3.70%	-0.13%	6.69%	10.35%	-3.20%	6.12%	8.41%
Operating Margin	-41.64%	-18.11%	-17.32%	-13.10%	-9.65%	-5.66%	-9.07%	-10.75%	2.43%	2.84%
EBIT Margin	-42.14%	-22.70%	-19.30%	-13.10%	-9.65%	-5.66%	-9.07%	-10.75%	2.43%	2.84%
Profit (Net Income) Margin	-29.58%	-20.57%	-19.02%	-12.63%	-11.12%	-11.20%	-23.72%	-6.48%	10.01%	25.68%
Tax Burden Percent	64.33%	75.26%	101.72%	103.87%	105.67%	101.81%	100.13%	71.48%	97.60%	134.54%
Interest Burden Percent	109.13%	120.41%	96.88%	92.85%	109.04%	194.56%	261.20%	84.36%	421.72%	672.73%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.40%	-34.54%
Return on Invested Capital (ROIC)	-26.89%	-8.79%	-10.78%	-10.45%	-10.41%	-5.69%	-9.12%	-10.65%	3.01%	5.16%
ROIC Less NNEP Spread (ROIC-NNEP)	-31.74%	14.14%	0.56%	-3.90%	-3.24%	8.90%	66.48%	-6.28%	20.94%	153.84%
Return on Net Nonoperating Assets (RNNOA)	-2.88%	-2.73%	-0.20%	1.47%	1.57%	-3.71%	-16.50%	-3.20%	24.67%	38.18%
Return on Equity (ROE)	-29.77%	-11.51%	-10.98%	-8.98%	-8.84%	-9.40%	-25.62%	-13.85%	27.68%	43.34%
Cash Return on Invested Capital (CROIC)	-226.89%	-12.54%	-20.18%	-3.62%	-4.57%	-56.74%	-1.96%	-55.95%	-2.00%	2.35%
Operating Return on Assets (OROA)	-12.29%	-8.22%	-7.69%	-6.25%	-3.70%	-1.87%	-2.63%	-2.99%	0.71%	0.94%
Return on Assets (ROA)	-8.63%	-7.45%	-7.58%	-6.03%	-4.26%	-3.70%	-6.89%	-1.80%	2.92%	8.55%
Return on Common Equity (ROCE)	-29.77%	-11.51%	-10.98%	-8.92%	-8.73%	-9.21%	-24.28%	-12.36%	24.18%	39.62%
Return on Equity Simple (ROE_SIMPLE)	-14.88%	-9.04%	-10.53%	-9.01%	-8.06%	-9.34%	-31.07%	-30.30%	22.64%	37.56%
Net Operating Profit after Tax (NOPAT)	-24	-16	-21	-21	-20	-14	-27	-39	14	25
NOPAT Margin	-29.15%	-12.67%	-12.12%	-9.17%	-6.76%	-3.96%	-6.35%	-7.52%	2.37%	3.82%
Net Nonoperating Expense Percent (NNEP)	4.85%	-22.93%	-11.34%	-6.54%	-7.17%	-14.60%	-75.60%	-4.37%	-17.93%	-148.68%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-2.62%	0.85%	1.86%
Cost of Revenue to Revenue	27.19%	23.60%	23.57%	22.33%	20.41%	19.61%	22.99%	24.74%	24.88%	24.79%
SG&A Expenses to Revenue	25.03%	21.80%	20.95%	20.72%	19.40%	20.36%	20.32%	15.33%	12.12%	18.64%
R&D to Revenue	21.79%	16.50%	13.60%	13.50%	14.88%	16.05%	18.16%	20.82%	17.49%	15.46%
Operating Expenses to Revenue	114.45%	94.51%	93.75%	90.76%	89.25%	86.05%	86.08%	86.00%	72.69%	72.37%
Earnings before Interest and Taxes (EBIT)	-35	-29	-34	-30	-28	-20	-39	-56	14	19
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-20	-12	-14	-8.43	-0.38	24	44	-17	36	55
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	4.86	5.46	7.01	7.20	18.09	18.68	35.95	14.66	8.50
Price to Tangible Book Value (P/TBV)	0.00	29.78	20.51	22.99	15.43	109.10	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	11.06	9.87	9.82	9.93	21.71	14.27	7.69	6.48	5.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	72.41	23.56
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.38%	4.25%
Enterprise Value to Invested Capital (EV/IC)	0.00	6.98	7.85	10.94	14.56	24.50	21.12	9.63	8.48	7.84
Enterprise Value to Revenue (EV/Rev)	0.00	10.26	9.24	9.27	9.18	21.38	14.17	8.34	6.85	5.88
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	319.62	136.95	0.00	111.95	69.91
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	281.65	207.16
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	288.57	153.98
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	252.64	130.83	89.23	137.42	75.34	77.88	31.92	20.12
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	338.65
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.18	0.01	0.01	0.01	0.96	0.95	3.20	10.26	4.78	1.85
Long-Term Debt to Equity	0.17	0.00	0.00	0.00	0.95	0.94	3.15	10.20	3.92	1.85
Financial Leverage	0.09	-0.19	-0.35	-0.38	-0.48	-0.42	-0.25	0.51	1.18	0.25
Leverage Ratio	1.73	1.55	1.45	1.49	2.07	2.54	3.72	7.68	9.48	5.07
Compound Leverage Factor	1.88	1.86	1.40	1.38	2.26	4.94	9.71	6.48	39.97	34.12
Debt to Total Capital	15.41%	0.68%	0.63%	0.62%	48.91%	48.85%	76.17%	91.12%	82.69%	64.88%
Short-Term Debt to Total Capital	1.02%	0.68%	0.63%	0.62%	0.25%	0.93%	1.11%	0.52%	14.83%	0.00%
Long-Term Debt to Total Capital	14.39%	0.00%	0.00%	0.00%	48.66%	47.91%	75.06%	90.59%	67.86%	64.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	1.35%	0.62%	1.47%	1.93%	1.56%	1.79%	2.65%
Common Equity to Total Capital	84.59%	99.32%	99.37%	98.04%	50.47%	49.68%	21.90%	7.32%	15.52%	32.47%
Debt to EBITDA	-1.48	-0.17	-0.14	-0.24	-1,027.53	17.63	25.66	-83.15	38.50	16.25
Net Debt to EBITDA	-0.74	8.87	7.96	15.49	588.82	-5.42	-1.54	-18.95	5.14	0.12
Long-Term Debt to EBITDA	-1.38	0.00	0.00	0.00	-1,022.19	17.30	25.29	-82.67	31.60	16.25
Debt to NOPAT	-1.24	-0.12	-0.09	-0.10	-19.78	-29.80	-41.83	-35.39	99.24	35.80
Net Debt to NOPAT	-0.62	6.36	5.19	6.25	11.34	9.17	2.52	-8.06	13.24	0.27
Long-Term Debt to NOPAT	-1.16	0.00	0.00	0.00	-19.68	-29.23	-41.22	-35.19	81.45	35.80
Altman Z-Score	0.00	6.53	7.21	7.94	3.40	7.22	3.10	1.86	1.87	2.49
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.68%	1.28%	2.08%	5.23%	10.74%	12.65%	8.60%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.65	1.51	1.40	1.39	3.49	2.78	4.18	3.40	2.19	2.59
Quick Ratio	0.53	1.36	1.30	1.30	3.43	2.70	4.10	3.33	2.14	2.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-206	-23	-40	-7.24	-8.57	-139	-5.79	-207	-9.29	11
Operating Cash Flow to CapEx	8.13%	-96.28%	74.47%	134.96%	306.69%	320.26%	344.26%	185.58%	458.79%	711.01%
Free Cash Flow to Firm to Interest Expense	-63.95	-3.90	-3,065.33	-1,809.30	-0.99	-5.95	-0.09	-35.32	-1.58	0.00
Operating Cash Flow to Interest Expense	0.31	-0.81	494.15	4,035.00	3.44	2.35	1.27	9.57	21.47	0.00
Operating Cash Flow Less CapEx to Interest Expense	-3.53	-1.65	-169.38	1,045.25	2.32	1.61	0.90	4.42	16.79	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.29	0.36	0.40	0.48	0.38	0.33	0.29	0.28	0.29	0.33
Accounts Receivable Turnover	3.45	3.85	3.37	3.33	3.25	3.29	3.60	3.79	3.66	3.74
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	6.73	10.79	14.58	17.32	21.76	26.79	28.80	28.95	34.03	48.93
Accounts Payable Turnover	4.89	5.11	5.74	9.51	10.88	13.07	18.43	11.53	12.45	18.96
Days Sales Outstanding (DSO)	105.80	94.83	108.31	109.62	112.24	111.09	101.34	96.32	99.75	97.70
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	74.64	71.36	63.59	38.37	33.55	27.92	19.81	31.65	29.32	19.25
Cash Conversion Cycle (CCC)	31.16	23.47	44.72	71.25	78.69	83.17	81.54	64.67	70.42	78.45
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	181	188	207	193	182	307	286	453	476	490
Invested Capital Turnover	0.92	0.69	0.89	1.14	1.54	1.44	1.44	1.42	1.27	1.35
Increase / (Decrease) in Invested Capital	181	6.93	19	-14	-11	125	-21	167	23	14
Enterprise Value (EV)	0.00	1,313	1,623	2,112	2,652	7,522	6,034	4,362	4,041	3,840
Market Capitalization	0.00	1,417	1,734	2,238	2,869	7,637	6,073	4,021	3,826	3,797
Book Value per Share	$4.09	$5.68	$6.00	$5.84	$7.16	$7.37	$5.54	$1.87	$4.26	$7.15
Tangible Book Value per Share	($1.40)	$0.93	$1.60	$1.78	$3.34	$1.22	($0.42)	($7.61)	($4.98)	($1.72)
Total Capital	196	293	319	326	790	850	1,484	1,528	1,681	1,376
Total Debt	30	2.01	2.01	2.01	386	415	1,131	1,392	1,390	893
Total Long-Term Debt	28	0.00	0.00	0.00	384	407	1,114	1,384	1,141	893
Net Debt	15	-103	-111	-131	-221	-128	-68	317	185	6.76
Capital Expenditures (CapEx)	12	4.99	8.63	12	9.69	17	23	30	28	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-39	-48	-56	-68	-89	-103	-157	-185	-190	-216
Debt-free Net Working Capital (DFNWC)	-24	57	56	65	518	440	1,042	890	1,014	670
Net Working Capital (NWC)	-26	55	54	63	516	432	1,025	882	765	670
Net Nonoperating Expense (NNE)	0.37	10	12	7.89	13	25	74	-5.45	-45	-143
Net Nonoperating Obligations (NNO)	15	-103	-111	-131	-221	-128	-68	317	185	6.76
Total Depreciation and Amortization (D&A)	15	17	20	21	28	43	83	39	22	36
Debt-free, Cash-free Net Working Capital to Revenue	-46.80%	-37.40%	-32.14%	-29.87%	-30.91%	-29.25%	-36.92%	-35.44%	-32.29%	-33.02%
Debt-free Net Working Capital to Revenue	-28.61%	44.81%	31.97%	28.33%	179.40%	125.01%	244.66%	170.14%	171.86%	102.58%
Net Working Capital to Revenue	-31.02%	43.24%	30.83%	27.45%	178.70%	122.76%	240.80%	168.61%	129.62%	102.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.92)	($0.73)	($0.52)	($0.59)	($0.83)	$0.00	($0.49)	$0.87	$2.59
Adjusted Weighted Average Basic Shares Outstanding	0.00	51.28M	52.16M	53.91M	55.32M	56.83M	0.00	59.54M	60.85M	62.13M
Adjusted Diluted Earnings per Share	$0.00	($0.92)	($0.73)	($0.52)	($0.59)	($0.83)	$0.00	($0.49)	$0.81	$1.45
Adjusted Weighted Average Diluted Shares Outstanding	0.00	51.28M	52.16M	53.91M	55.32M	56.83M	0.00	59.54M	72.05M	73.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	($0.92)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	42.50M	53.20M	54.96M	56.30M	57.79M	0.00	60.05M	61.52M	62.81M
Normalized Net Operating Profit after Tax (NOPAT)	-24	-16	-21	-21	-20	-14	-27	-37	25	14
Normalized NOPAT Margin	-29.15%	-12.67%	-12.12%	-9.17%	-6.76%	-3.96%	-6.35%	-7.01%	4.19%	2.17%
Pre Tax Income Margin	-45.99%	-27.33%	-18.70%	-12.16%	-10.53%	-11.00%	-23.69%	-9.07%	10.26%	19.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-10.96	-4.90	-2,607.62	-7,459.00	-3.23	-0.85	-0.61	-9.61	2.43	0.00
NOPAT to Interest Expense	-7.58	-2.73	-1,637.41	-5,221.30	-2.26	-0.60	-0.43	-6.72	2.37	0.00
EBIT Less CapEx to Interest Expense	-14.81	-5.74	-3,271.15	-10,448.75	-4.35	-1.59	-0.98	-14.77	-2.25	0.00
NOPAT Less CapEx to Interest Expense	-11.43	-3.58	-2,300.95	-8,211.05	-3.38	-1.33	-0.80	-11.88	-2.30	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-0.12%	-16.60%	-0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from BlackLine's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.73%	21.36%	15.59%	12.53%	12.24%	11.27%	13.29%	11.02%	10.09%	8.82%
EBITDA Growth	-140.55%	52.22%	35.89%	1,872.42%	134.58%	65.75%	176.47%	-59.67%	382.99%	3.89%
EBIT Growth	-459.92%	120.25%	39.63%	241.18%	94.99%	290.94%	111.42%	-87.68%	878.68%	-51.49%
NOPAT Growth	-459.92%	130.89%	39.63%	295.24%	91.58%	239.46%	115.40%	-87.97%	679.25%	153.60%
Net Income Growth	-95.39%	132.33%	49.88%	334.45%	170.95%	130.99%	319.43%	167.08%	8.14%	161.70%
EPS Growth	-47.83%	131.75%	-17.65%	350.00%	155.88%	85.00%	185.00%	-51.11%	42.11%	113.51%
Operating Cash Flow Growth	41.60%	16.40%	12,892.61%	315.63%	53.15%	63.74%	120.51%	65.77%	51.03%	3.85%
Free Cash Flow Firm Growth	-896.91%	-1,753.89%	98.15%	106.44%	81.13%	93.03%	389.73%	116.47%	227.07%	244.92%
Invested Capital Growth	56.59%	58.56%	-1.42%	0.89%	7.17%	5.14%	-2.08%	-5.49%	-7.31%	2.86%
Revenue Q/Q Growth	4.51%	4.24%	-0.70%	4.02%	4.24%	3.33%	1.11%	1.93%	3.37%	2.14%
EBITDA Q/Q Growth	-779.70%	194.32%	-186.43%	347.16%	-82.84%	352.13%	-60.12%	30.34%	105.53%	-2.74%
EBIT Q/Q Growth	-68.75%	115.30%	-567.14%	217.02%	-105.99%	1,293.20%	-86.36%	26.32%	278.76%	-25.66%
NOPAT Q/Q Growth	-68.75%	123.35%	-406.20%	261.84%	-107.27%	1,041.80%	-86.11%	26.43%	250.17%	312.32%
Net Income Q/Q Growth	-58.62%	155.29%	-164.11%	516.97%	-52.00%	80.02%	-39.10%	407.51%	-80.56%	335.63%
EPS Q/Q Growth	-88.89%	158.82%	-200.00%	325.00%	-57.78%	94.74%	-54.05%	29.41%	22.73%	192.59%
Operating Cash Flow Q/Q Growth	309.28%	6.53%	-11.21%	7.36%	50.81%	13.89%	19.58%	-19.29%	37.40%	-21.68%
Free Cash Flow Firm Q/Q Growth	13.69%	7.03%	97.59%	432.71%	-353.04%	65.67%	200.24%	148.58%	48.53%	-60.85%
Invested Capital Q/Q Growth	-6.25%	1.57%	3.73%	2.14%	-0.41%	-0.36%	-3.40%	-1.41%	-2.32%	10.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.85%	76.16%	74.62%	74.33%	75.59%	75.85%	75.17%	74.86%	75.22%	75.56%
EBITDA Margin	-8.65%	7.83%	-6.81%	16.18%	2.66%	11.66%	4.60%	5.88%	11.69%	11.13%
Operating Margin	-15.95%	2.34%	-11.02%	12.40%	-0.71%	8.23%	1.11%	1.38%	5.04%	3.67%
EBIT Margin	-15.95%	2.34%	-11.02%	12.40%	-0.71%	8.23%	1.11%	1.38%	5.04%	3.67%
Profit (Net Income) Margin	-14.14%	7.50%	-4.84%	19.41%	8.94%	15.57%	9.38%	46.70%	8.78%	37.45%
Tax Burden Percent	102.56%	106.79%	110.29%	96.81%	117.49%	92.73%	94.44%	94.53%	87.40%	484.74%
Interest Burden Percent	86.44%	299.91%	39.86%	161.79%	-1,067.69%	204.08%	894.68%	3,591.30%	199.33%	210.60%
Effective Tax Rate	0.00%	-6.79%	0.00%	3.19%	-17.49%	7.27%	5.56%	5.47%	12.60%	-384.74%
Return on Invested Capital (ROIC)	-15.23%	3.54%	-8.83%	14.01%	-1.04%	9.69%	1.37%	1.74%	6.12%	24.05%
ROIC Less NNEP Spread (ROIC-NNEP)	-18.24%	9.16%	-7.70%	17.30%	4.06%	14.61%	6.95%	40.80%	11.30%	58.75%
Return on Net Nonoperating Assets (RNNOA)	-10.41%	4.66%	-23.01%	36.83%	6.78%	17.21%	7.11%	27.16%	4.94%	14.58%
Return on Equity (ROE)	-25.63%	8.20%	-31.83%	50.84%	5.74%	26.90%	8.48%	28.90%	11.06%	38.63%
Cash Return on Invested Capital (CROIC)	-58.60%	-55.95%	-5.39%	-3.82%	-5.85%	-2.00%	8.72%	8.88%	12.68%	2.35%
Operating Return on Assets (OROA)	-4.38%	0.65%	-3.14%	3.59%	-0.21%	2.40%	0.34%	0.44%	1.74%	1.22%
Return on Assets (ROA)	-3.88%	2.09%	-1.38%	5.63%	2.64%	4.54%	2.84%	15.09%	3.03%	12.47%
Return on Common Equity (ROCE)	-23.06%	7.32%	-24.55%	42.53%	4.87%	23.50%	7.32%	25.89%	10.07%	35.31%
Return on Equity Simple (ROE_SIMPLE)	-98.63%	0.00%	-23.24%	7.28%	21.00%	0.00%	28.79%	39.12%	34.94%	0.00%
Net Operating Profit after Tax (NOPAT)	-15	3.50	-11	17	-1.26	12	1.65	2.09	7.31	30
NOPAT Margin	-11.17%	2.50%	-7.71%	12.00%	-0.84%	7.63%	1.05%	1.30%	4.41%	17.78%
Net Nonoperating Expense Percent (NNEP)	3.01%	-5.62%	-1.12%	-3.30%	-5.10%	-4.92%	-5.58%	-39.06%	-5.19%	-34.70%
Return On Investment Capital (ROIC_SIMPLE)	-	0.23%	-	-	-	0.72%	-	-	-	2.25%
Cost of Revenue to Revenue	24.15%	23.84%	25.38%	25.67%	24.41%	24.15%	24.83%	25.14%	24.78%	24.44%
SG&A Expenses to Revenue	23.09%	3.69%	20.85%	-0.10%	11.96%	15.85%	19.08%	19.35%	17.01%	19.17%
R&D to Revenue	20.65%	20.02%	19.50%	18.54%	17.73%	14.50%	15.89%	16.02%	15.46%	14.51%
Operating Expenses to Revenue	91.80%	73.82%	85.64%	61.93%	76.30%	67.62%	74.06%	73.49%	70.18%	71.89%
Earnings before Interest and Taxes (EBIT)	-21	3.28	-15	18	-1.07	13	1.75	2.21	8.36	6.22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-12	11	-9.47	23	4.02	18	7.24	9.44	19	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	45.83	35.95	34.47	18.46	15.68	14.66	14.14	9.19	9.32	8.50
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	7.17	7.69	7.44	5.84	5.89	6.48	6.50	4.80	5.36	5.81
Price to Earnings (P/E)	0.00	0.00	0.00	321.50	80.41	72.41	52.29	24.65	27.03	23.56
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.31%	1.24%	1.38%	1.91%	4.06%	3.70%	4.25%
Enterprise Value to Invested Capital (EV/IC)	8.83	9.63	9.33	7.42	7.63	8.48	8.99	6.88	7.91	7.84
Enterprise Value to Revenue (EV/Rev)	7.91	8.34	8.10	6.38	6.35	6.85	6.80	5.00	5.48	5.88
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	268.20	126.13	111.95	78.35	80.40	64.62	69.91
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	757.62	281.65	131.72	198.95	139.39	207.16
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	738.91	288.57	134.48	206.91	149.38	153.98
Enterprise Value to Operating Cash Flow (EV/OCF)	75.21	77.88	55.72	36.56	33.08	31.92	26.83	18.34	18.52	20.12
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	102.02	75.36	60.01	338.65
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	13.55	10.26	9.66	6.93	5.73	4.78	4.43	3.19	2.24	1.85
Long-Term Debt to Equity	13.49	10.20	9.48	6.84	4.68	3.92	3.64	2.49	2.24	1.85
Financial Leverage	0.57	0.51	2.99	2.13	1.67	1.18	1.02	0.67	0.44	0.25
Leverage Ratio	7.80	7.68	16.02	12.60	11.25	9.48	8.74	6.90	5.79	5.07
Compound Leverage Factor	6.74	23.04	6.38	20.39	-120.13	19.34	78.24	247.72	11.54	10.68
Debt to Total Capital	93.13%	91.12%	90.62%	87.38%	85.15%	82.69%	81.60%	76.12%	69.17%	64.88%
Short-Term Debt to Total Capital	0.44%	0.52%	1.67%	1.03%	15.67%	14.83%	14.64%	16.67%	0.00%	0.00%
Long-Term Debt to Total Capital	92.69%	90.59%	88.95%	86.36%	69.48%	67.86%	66.96%	59.45%	69.17%	64.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.65%	1.56%	1.87%	1.64%	1.70%	1.79%	1.99%	2.14%	2.30%	2.65%
Common Equity to Total Capital	5.22%	7.32%	7.51%	10.98%	13.15%	15.52%	16.41%	21.74%	28.53%	32.47%
Debt to EBITDA	-67.77	-83.15	-123.33	105.77	48.32	38.50	26.35	29.37	16.45	16.25
Net Debt to EBITDA	-16.75	-18.95	-28.29	20.90	8.11	5.14	2.77	2.47	0.84	0.12
Long-Term Debt to EBITDA	-67.45	-82.67	-121.06	104.53	39.43	31.60	21.62	22.94	16.45	16.25
Debt to NOPAT	-26.23	-35.39	-43.70	-99.92	283.09	99.24	45.22	75.59	38.02	35.80
Net Debt to NOPAT	-6.49	-8.06	-10.02	-19.74	47.53	13.24	4.76	6.35	1.94	0.27
Long-Term Debt to NOPAT	-26.11	-35.19	-42.90	-98.74	231.01	81.45	37.11	59.03	38.02	35.80
Altman Z-Score	1.78	1.96	1.95	1.80	1.69	1.86	1.95	1.79	2.34	2.47
Noncontrolling Interest Sharing Ratio	10.02%	10.74%	22.87%	16.34%	15.14%	12.65%	13.71%	10.41%	8.96%	8.60%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.74	3.40	3.42	3.62	2.18	2.19	2.30	1.95	2.69	2.59
Quick Ratio	3.67	3.33	3.32	3.54	2.13	2.14	2.25	1.91	2.60	2.52
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-176	-164	-3.95	13	-33	-11	11	28	42	17
Operating Cash Flow to CapEx	317.06%	469.28%	267.29%	372.44%	659.18%	617.14%	747.15%	644.57%	859.23%	602.48%
Free Cash Flow to Firm to Interest Expense	-118.88	-111.89	-2.71	8.94	-22.32	-7.69	7.79	0.00	15.78	6.55
Operating Cash Flow to Interest Expense	16.31	17.59	15.72	16.70	24.87	28.42	34.33	0.00	20.89	17.36
Operating Cash Flow Less CapEx to Interest Expense	11.17	13.84	9.84	12.22	21.09	23.81	29.73	0.00	18.46	14.48
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.27	0.28	0.28	0.29	0.29	0.29	0.30	0.32	0.34	0.33
Accounts Receivable Turnover	4.66	3.79	4.55	4.45	4.80	3.66	4.95	4.67	4.79	3.74
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	29.48	28.95	31.01	30.30	31.97	34.03	38.00	43.36	49.34	48.93
Accounts Payable Turnover	32.17	11.53	12.85	12.33	27.58	12.45	49.15	30.83	36.23	18.96
Days Sales Outstanding (DSO)	78.31	96.32	80.18	81.97	76.04	99.75	73.79	78.11	76.18	97.70
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	11.35	31.65	28.41	29.61	13.23	29.32	7.43	11.84	10.08	19.25
Cash Conversion Cycle (CCC)	66.97	64.67	51.76	52.36	62.81	70.42	66.37	66.27	66.10	78.45
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	446	453	470	480	478	476	460	454	443	490
Invested Capital Turnover	1.36	1.42	1.14	1.17	1.24	1.27	1.31	1.34	1.39	1.35
Increase / (Decrease) in Invested Capital	161	167	-6.77	4.21	32	23	-9.79	-26	-35	14
Enterprise Value (EV)	3,940	4,362	4,385	3,559	3,645	4,041	4,137	3,123	3,504	3,840
Market Capitalization	3,572	4,021	4,032	3,255	3,383	3,826	3,957	2,995	3,428	3,797
Book Value per Share	$1.31	$1.87	$1.95	$2.92	$3.54	$4.26	$4.54	$5.27	$5.92	$7.15
Tangible Book Value per Share	($8.26)	($7.61)	($7.44)	($6.36)	($5.81)	($4.98)	($4.57)	($3.77)	($3.02)	($1.72)
Total Capital	1,492	1,528	1,558	1,606	1,640	1,681	1,705	1,499	1,289	1,376
Total Debt	1,389	1,392	1,412	1,404	1,396	1,390	1,391	1,141	892	893
Total Long-Term Debt	1,383	1,384	1,386	1,387	1,140	1,141	1,142	891	892	893
Net Debt	344	317	324	277	234	185	146	96	46	6.76
Capital Expenditures (CapEx)	7.63	5.49	8.56	6.59	5.62	6.83	6.75	6.31	6.51	7.27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-177	-185	-182	-181	-192	-190	-202	-205	-210	-216
Debt-free Net Working Capital (DFNWC)	869	890	906	945	970	1,014	1,043	840	636	670
Net Working Capital (NWC)	862	882	880	929	713	765	794	591	636	670
Net Nonoperating Expense (NNE)	3.99	-7.00	-3.99	-11	-15	-12	-13	-73	-7.26	-33
Net Nonoperating Obligations (NNO)	344	317	324	277	234	185	146	96	46	6.76
Total Depreciation and Amortization (D&A)	9.81	7.67	5.85	5.48	5.09	5.34	5.49	7.23	11	13
Debt-free, Cash-free Net Working Capital to Revenue	-35.50%	-35.44%	-33.65%	-32.46%	-33.40%	-32.29%	-33.12%	-32.78%	-32.89%	-33.02%
Debt-free Net Working Capital to Revenue	174.39%	170.14%	167.18%	169.46%	168.96%	171.86%	171.47%	134.60%	99.42%	102.58%
Net Working Capital to Revenue	173.08%	168.61%	162.39%	166.50%	124.22%	129.62%	130.46%	94.58%	99.42%	102.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.34)	$0.20	($0.20)	$0.51	$0.20	$0.36	$0.18	$1.24	$0.28	$0.89
Adjusted Weighted Average Basic Shares Outstanding	59.70M	59.54M	60.19M	60.70M	61.10M	60.85M	61.64M	61.98M	62.25M	62.13M
Adjusted Diluted Earnings per Share	($0.34)	$0.20	($0.20)	$0.45	$0.19	$0.37	$0.17	$0.22	$0.27	$0.79
Adjusted Weighted Average Diluted Shares Outstanding	59.70M	59.54M	60.19M	71.80M	72.10M	72.05M	72.89M	72.52M	73.97M	73.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	59.78M	60.05M	60.49M	60.98M	61.27M	61.52M	61.82M	62.18M	62.49M	62.81M
Normalized Net Operating Profit after Tax (NOPAT)	-15	4.98	-10	17	5.31	13	2.07	2.96	7.62	4.35
Normalized NOPAT Margin	-11.17%	3.56%	-7.20%	12.09%	3.53%	8.32%	1.31%	1.85%	4.59%	2.56%
Pre Tax Income Margin	-13.79%	7.02%	-4.39%	20.05%	7.61%	16.79%	9.93%	49.40%	10.05%	7.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-14.45	2.24	-10.52	12.19	-0.72	8.64	1.19	0.00	3.12	2.46
NOPAT to Interest Expense	-10.12	2.39	-7.37	11.80	-0.85	8.01	1.12	0.00	2.73	11.94
EBIT Less CapEx to Interest Expense	-19.60	-1.51	-16.40	7.71	-4.49	4.03	-3.40	0.00	0.69	-0.42
NOPAT Less CapEx to Interest Expense	-15.26	-1.36	-13.25	7.32	-4.62	3.40	-3.47	0.00	0.30	9.06
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About BlackLine's Financials

When does BlackLine's fiscal year end?

According to the most recent income statement we have on file, BlackLine's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has BlackLine's net income changed over the last 9 years?

BlackLine's net income appears to be on a downward trend, with a most recent value of $167.77 million in 2024, falling from -$24.73 million in 2015. The previous period was $59.06 million in 2023.

What is BlackLine's operating income?

BlackLine's total operating income in 2024 was $18.54 million, based on the following breakdown:

Total Gross Profit: $491.37 million
Total Operating Expenses: $472.84 million

How has BlackLine revenue changed over the last 9 years?

Over the last 9 years, BlackLine's total revenue changed from $83.61 million in 2015 to $653.34 million in 2024, a change of 681.4%.

How much debt does BlackLine have?

BlackLine's total liabilities were at $1.34 billion at the end of 2024, a 25.9% decrease from 2023, and a 1,012.8% increase since 2015.

How much cash does BlackLine have?

In the past 9 years, BlackLine's cash and equivalents has ranged from $15.21 million in 2015 to $885.92 million in 2024, and is currently $885.92 million as of their latest financial filing in 2024.

How has BlackLine's book value per share changed over the last 9 years?

Over the last 9 years, BlackLine's book value per share changed from 4.09 in 2015 to 7.15 in 2024, a change of 74.6%.

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This page (NASDAQ:BL) was last updated on 4/25/2025 by MarketBeat.com Staff

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BlackLine (BL) Financials

Frequently Asked Questions About BlackLine's Financials

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BlackLine (BL) Financials

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