BlackLine Inc. (BL)$28.90

Market Cap: 2.97 BCurrency: USD

Research Snapshot

Static fundamentals, valuation context, and investor signals for BlackLine Inc. (BL).

TECHNOLOGY

SOFTWARE - APPLICATION

DCF ready

Valuation

16.0x

EV/FCF, 6.2% FCF yield

Quality

7.4%

ROIC, 23.1% FCF margin

Growth

14.8%

5Y sales (revenue) CAGR

Balance sheet

0.0x

Debt/equity, 1.5x current ratio

Superinvestors

Top: Glenn Welling (16.7%)

Strengths to research

Revenue compounded at 14.8% over five years.
Free cash flow compounded at 27.3% over five years.
Free cash flow margin is healthy at 23.1%.
Debt/equity looks manageable at 0.0x.

Watchouts

P/E is elevated at 74.1x.

Annual data: 10 periods

Quarterly data: 24 periods

Stock snapshot: May 25, 2026

Static dataset: May 25, 2026

Quality Scorecard

Build-time composite score for BL.

Grade B

/ 100

Peer Comparison

Target stock against 8 market-cap comparable peers.

Heat map: red worst to green best


BL Target	BlackLine Inc.	$3.0B	74.1x	16.0x	7.4%	14.8%	23.1%	75.2%	-6.7x	N/A
ALIT	Alight Inc.	$2.9B	-0.1x	18.5x	-101.6%	-3.7%	11.1%	33.8%	N/A	N/A
ALRM	Alarm.Com Holdings	$2.7B	17.8x	12.5x	15.5%	10.3%	13.6%	N/A	-6.6x	N/A
BRZE	Braze Inc A	$3.3B	-20.0x	51.6x	-21.0%	37.5%	8.4%	67.1%	N/A	N/A
NCNO	nCino Inc.	$2.6B	321.4x	30.3x	0.9%	23.8%	13.9%	60.6%	-1.9x	N/A
NATL	NCR Atleos Corp.	$2.1B	20.9x	18.2x	5.3%	N/A	5.5%	N/A	2.9x	N/A
BTDR	Bitdeer Technologies Group A	$2.0B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
DUOL	Duolingo, Inc.	$5.0B	12.4x	10.6x	30.7%	45.0%	35.6%	72.2%	-6.9x	+0.92%
SPSC	SPS Commerce Inc.	$5.5B	21.8x	35.0x	9.6%	19.2%	20.3%	69.2%	-1.1x	N/A

Financial Charts

No financial data available for BL (annual).

1 superinvestors own BL

Current quarter ownership and quarter-over-quarter share changes.

Superinvestor ownership

Fund	Shares	Value	% Portfolio	QoQ Change
Glenn Welling Engaged Capital	1,367,619	$51M	16.68%	▲ +85.4%