Blackline (BL) Return on Invested Capital [ROIC] (2023 - 2026)
Blackline's Return on Invested Capital [ROIC] was 5.96% in Q2 2026, up 1.98 percentage points from 3.98% a year earlier and up 2.48 percentage points from the prior quarter.
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Analysis
Blackline (BL) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Blackline came in at 2.86%, down 1.01 percentage points from FY2024.
- In earlier years, Return on Invested Capital [ROIC] was 3.87% in FY2024 (-0.63 pp) and 4.50% in FY2023.
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2023.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in three of the last seven quarters, with an average year-over-year change of -0.04 percentage points.
- Per Business Quant data, BL's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 3.49% (Q1 2026), 2.57% (Q4 2025) and 4.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 453.55 Bn | 422.61 Bn | 1.64 Bn | - |
| 2 | Oracle | 430.98 Bn | 303.54 Bn | - | 10.99% |
| 3 | Sap Se | 256.23 Bn | 177.31 Bn | 8.40 Bn | 32.24% |
| 4 | Salesforce | 193.08 Bn | 148.96 Bn | 8.70 Bn | 9.01% |
| 5 | ServiceNow | 138.94 Bn | 117.40 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 102.51 Bn | 84.63 Bn | 2.51 Bn | -46.53% |
| 7 | Intuit | 75.44 Bn | 54.79 Bn | 3.44 Bn | 16.71% |
| 8 | Relx | 60.79 Bn | 57.76 Bn | - | - |
| 9 | Strategy | 56.32 Bn | 49.31 Bn | 81.55 Mn | -73.94% |
| 10 | Blackline | 1.60 Bn | -1.01 Bn | 142.68 Mn | 5.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.96% |
| Mar 31, 2026 | 3.49% |
| Dec 31, 2025 | 2.57% |
| Sep 30, 2025 | 4.15% |
| Jun 30, 2025 | 3.98% |
| Mar 31, 2025 | 3.72% |
| Dec 31, 2024 | 4.55% |
| Sep 30, 2024 | 4.97% |
| Jun 30, 2024 | 2.73% |
| Mar 31, 2024 | 5.91% |
| Dec 31, 2023 | 2.87% |
API Access
Blackline Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();