Blend Labs (BLND) Times Interest Earned (2021 - 2024)
Blend Labs (BLND) posted Times Interest Earned of 7.93 for Q2 2024, down 90.55% on a QoQ basis from 4.16 in Q1 2024, and down 71.62% year-over-year from 27.95 in Q3 2023.
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Blend Labs (BLND) Times Interest Earned (2021 - 2024) Analysis & Trends
Blend Labs has reported Times Interest Earned for 4 years, with the latest figure at 7.93 in Q2 2024.
- On a quarterly basis, Times Interest Earned fell 71.62% year-over-year to 7.93 in Q2 2024; TTM through Mar 2025 was 21.6, a 492.2% decrease from a year earlier, with the FY2024 full-year figure at 7.24, down 55.32% from the prior year.
- Times Interest Earned was 7.93 for Q2 2024 at Blend Labs, down from 4.16 in the prior quarter.
- The five-year high for Times Interest Earned was 1.31 in Q4 2023, with the low at 82.33 in Q2 2022.
- Average Times Interest Earned over 4 years is 14.99, with a median of 9.17 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Times Interest Earned jumped 94.39% in 2023, then slumped 71.62% in 2024.
- Over 4 years, Times Interest Earned stood at 10.57 in 2021, then rose by 3.23% to 10.23 in 2022, then soared by 87.23% to 1.31 in 2023, then sank by 507.21% to 7.93 in 2024.
- The last three Times Interest Earned figures came in at 7.93 (Q2 2024), 4.16 (Q1 2024), and 1.31 (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn | 1.17 |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn | - |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - | 9.00 |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - | -26.44 |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn | -125.13 |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -0.48 |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn | - |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn | -171.50 |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn | 4.76 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -7.93 |
| Mar 31, 2024 | -4.16 |
| Dec 31, 2023 | -1.31 |
| Sep 30, 2023 | -4.41 |
| Jun 30, 2023 | -4.62 |
| Mar 31, 2023 | -8.12 |
| Dec 31, 2022 | -10.23 |
| Sep 30, 2022 | -21.09 |
| Jun 30, 2022 | -82.33 |
| Mar 31, 2022 | -12.55 |
| Dec 31, 2021 | -10.57 |
| Sep 30, 2021 | -12.56 |