Blackline (BL) EV to CFO (2017 - 2026)
Blackline's EV to CFO was 6.25 in Q2 2026, down 58.4% from 15.00 a year earlier and down 37.7% from the prior quarter.
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Analysis
Blackline (BL) EV to CFO (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Blackline's EV to CFO was -5.35 through Jun 30, 2026; for FY2025, it was 15.17, down 2.5% from FY2024.
- EV to CFO has now declined for five consecutive years.
- In earlier years, EV to CFO was 15.55 in FY2024 (-26.2%), 21.06 in FY2023 (-60.5%), 53.31 in FY2022 (-13.5%) and 61.64 in FY2021 (-52.9%).
- The Q2 2026 figure marks the lowest quarterly EV to CFO in data going back to Q4 2017.
- Compared with a year earlier, EV to CFO has declined for four straight quarters, with an average decline of 18.5% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q2 2025 (growth of 27.8%); the worst was Q2 2023 (a decline of 65.8%).
- Per Business Quant data, BL's EV to CFO in the three quarters before Q2 2026 was 10.03 (Q1 2026), 15.17 (Q4 2025) and 12.95 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn |
| 10 | Blackline | 1.55 Bn | -1.06 Bn | 142.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.25 |
| Mar 31, 2026 | 10.03 |
| Dec 31, 2025 | 15.17 |
| Sep 30, 2025 | 12.95 |
| Jun 30, 2025 | 15.00 |
| Mar 31, 2025 | 11.67 |
| Dec 31, 2024 | 15.55 |
| Sep 30, 2024 | 13.88 |
| Jun 30, 2024 | 11.74 |
| Mar 31, 2024 | 18.03 |
| Dec 31, 2023 | 21.06 |
| Sep 30, 2023 | 20.55 |
| Jun 30, 2023 | 22.40 |
| Mar 31, 2023 | 38.15 |
| Dec 31, 2022 | 53.31 |
| Sep 30, 2022 | 48.86 |
| Jun 30, 2022 | 65.49 |
| Mar 31, 2022 | 64.45 |
| Dec 31, 2021 | 61.64 |
| Sep 30, 2021 | 79.27 |
API Access
Blackline EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=BL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "BL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=BL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();