Blackline (BL) EV to CFO (2016 - 2026)
Blackline's (BL) quarterly EV to CFO came in at 25.23 in Q2 2026, down 69.56% on a YoY basis from 82.9 in Q2 2025, and down 31.12% quarter-over-quarter from 36.63 in Q1 2026.
Analysis
Blackline (BL) EV to CFO (2016 - 2026) Analysis & Trends
Blackline (BL) has reported EV to CFO for 11 consecutive years, with 25.23 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO fell 69.56% year-over-year to 25.23; the trailing twelve-month figure through Jun 2026 stood at 6.25 (down 58.35% YoY), and the FY2025 full-year result was 15.17, down 2.45% from the prior year.
- EV to CFO declined to 25.23 in Q2 2026 per BL's latest filing, from 36.63 in the prior quarter.
- Across five years, EV to CFO topped out at 18956.5 in Q1 2022 and bottomed at 25.23 in Q2 2026.
- Historically, EV to CFO has averaged 1142.75 across 5 years, with a median of 65.49 in 2023.
- The sharpest annual moves came in 2022 and 2023: EV to CFO jumped 10385.95% in 2022, then plunged 99.31% in 2023.
- Over 5 years, EV to CFO stood at 115.95 in 2022, then slumped by 45.46% to 63.24 in 2023, then increased by 7.14% to 67.75 in 2024, then jumped by 42.27% to 96.39 in 2025, then tumbled by 73.82% to 25.23 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 25.23, 36.63, and 96.39 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.23 |
| Mar 31, 2026 | 36.63 |
| Dec 31, 2025 | 96.39 |
| Sep 30, 2025 | 37.88 |
| Jun 30, 2025 | 82.90 |
| Mar 31, 2025 | 46.72 |
| Dec 31, 2024 | 67.75 |
| Sep 30, 2024 | 46.96 |
| Jun 30, 2024 | 49.12 |
| Mar 31, 2024 | 55.14 |
| Dec 31, 2023 | 63.24 |
| Sep 30, 2023 | 61.16 |
| Jun 30, 2023 | 88.80 |
| Mar 31, 2023 | 131.30 |
| Dec 31, 2022 | 115.95 |
| Sep 30, 2022 | 105.86 |
| Jun 30, 2022 | 502.02 |
| Mar 31, 2022 | 18,956.50 |
| Dec 31, 2021 | 223.14 |
| Sep 30, 2021 | 337.88 |