BlackLine Past Earnings Performance
Past criteria checks 2/6
BlackLine has been growing earnings at an average annual rate of 11.6%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 18.8% per year. BlackLine's return on equity is 20.3%, and it has net margins of 9%.
Key information
11.6%
Earnings growth rate
12.3%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 18.8% |
| Return on equity | 20.3% |
| Net Margin | 9.0% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking
Apr 17
A Look At The Intrinsic Value Of BlackLine, Inc. (NASDAQ:BL)
Mar 27BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Mar 05BlackLine: Subsequent Guidance Raise Could Be A Potential Catalyst
Feb 16Is Now The Time To Look At Buying BlackLine, Inc. (NASDAQ:BL)?
Feb 12Investor Optimism Abounds BlackLine, Inc. (NASDAQ:BL) But Growth Is Lacking
Jan 01Is BlackLine, Inc. (NASDAQ:BL) Worth US$61.1 Based On Its Intrinsic Value?
Dec 11BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Nov 17When Should You Buy BlackLine, Inc. (NASDAQ:BL)?
Oct 27Are Investors Undervaluing BlackLine, Inc. (NASDAQ:BL) By 29%?
Sep 11BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Aug 01BlackLine, Inc.'s (NASDAQ:BL) Price Is Out Of Tune With Revenues
May 20Here's Why BlackLine (NASDAQ:BL) Can Afford Some Debt
May 02Should You Investigate BlackLine, Inc. (NASDAQ:BL) At US$60.83?
Apr 11BlackLine (NASDAQ:BL) Is Carrying A Fair Bit Of Debt
Jan 29Should You Investigate BlackLine, Inc. (NASDAQ:BL) At US$67.27?
Jan 02A Look At The Fair Value Of BlackLine, Inc. (NASDAQ:BL)
Dec 06BlackLine: Reasonable Valuation Suggests It Is A Buy
Oct 13Would BlackLine (NASDAQ:BL) Be Better Off With Less Debt?
Sep 12BlackLine said to have recently rejected takeover bid - report
Sep 01BlackLine: Buy Alongside Revenue Acceleration
Aug 17Estimating The Intrinsic Value Of BlackLine, Inc. (NASDAQ:BL)
Aug 16BlackLine Non-GAAP EPS of $0.07 beats by $0.06, revenue of $128.48M beats by $1.94M
Aug 04BlackLine gains on speculation about takeover interest
Jul 15Is There Now An Opportunity In BlackLine, Inc. (NASDAQ:BL)?
Jun 14BlackLine: Strong Results Reinforce Bullish Long-Term View
Jun 03BlackLine (NASDAQ:BL) Is Making Moderate Use Of Debt
May 24BlackLine: Terrific, Steady Execution
May 09A Look At The Fair Value Of BlackLine, Inc. (NASDAQ:BL)
May 03BlackLine: Continue To Buy On The Way Down
Feb 22Revenue & Expenses BreakdownBeta
How BlackLine makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 590 | 53 | 348 | 103 |
| 30 Sep 23 | 574 | 42 | 346 | 101 |
| 30 Jun 23 | 558 | 10 | 349 | 102 |
| 31 Mar 23 | 542 | -31 | 356 | 103 |
| 31 Dec 22 | 523 | -29 | 365 | 109 |
| 30 Sep 22 | 498 | -78 | 362 | 102 |
| 30 Jun 22 | 473 | -71 | 339 | 93 |
| 31 Mar 22 | 447 | -86 | 314 | 84 |
| 31 Dec 21 | 426 | -115 | 292 | 77 |
| 30 Sep 21 | 406 | -95 | 272 | 75 |
| 30 Jun 21 | 387 | -90 | 260 | 71 |
| 31 Mar 21 | 368 | -73 | 248 | 64 |
| 31 Dec 20 | 352 | -47 | 246 | 56 |
| 30 Sep 20 | 336 | -39 | 239 | 49 |
| 30 Jun 20 | 321 | -40 | 236 | 45 |
| 31 Mar 20 | 307 | -37 | 228 | 44 |
| 31 Dec 19 | 289 | -33 | 215 | 43 |
| 30 Sep 19 | 271 | -32 | 203 | 41 |
| 30 Jun 19 | 255 | -27 | 190 | 37 |
| 31 Mar 19 | 241 | -30 | 185 | 34 |
| 31 Dec 18 | 228 | -29 | 176 | 31 |
| 30 Sep 18 | 215 | -24 | 165 | 28 |
| 30 Jun 18 | 202 | -32 | 163 | 27 |
| 31 Mar 18 | 189 | -33 | 150 | 25 |
| 31 Dec 17 | 176 | -33 | 140 | 24 |
| 30 Sep 17 | 161 | -45 | 131 | 23 |
| 30 Jun 17 | 148 | -39 | 117 | 23 |
| 31 Mar 17 | 135 | -38 | 110 | 22 |
| 31 Dec 16 | 128 | -26 | 98 | 21 |
| 30 Sep 16 | 112 | -31 | 99 | 21 |
| 30 Jun 16 | 102 | -31 | 93 | 21 |
| 31 Mar 16 | 92 | -30 | 86 | 20 |
| 31 Dec 15 | 84 | -25 | 77 | 18 |
| 30 Sep 15 | 75 | -23 | 69 | 16 |
| 31 Dec 14 | 52 | -17 | 44 | 10 |
| 31 Dec 13 | 32 | -17 | 25 | 7 |
Quality Earnings: BL has a large one-off gain of $22.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BL has become profitable over the past 5 years, growing earnings by 11.6% per year.
Accelerating Growth: BL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (22.4%).
Return on Equity
High ROE: Whilst BL's Return on Equity (20.3%) is high, this metric is skewed due to their high level of debt.