BlackLine

BL Technology Software Application

BlackLine’s revenue for fiscal 2025 (year ended December 2025) was $700.4 million, up 7.21% from fiscal 2024.

Revenue
+9.18%
EPS
+115.4%
Free cash flow
+43.7%
Total debt
+0.71%

Quarter to June 2026, against a year earlier

33.65 0.74 −2.15%
Market cap
$2.0B
P/E
57.0×
Fwd P/E
35.5×
Dividend yield
—
F-score
7/9
Altman Z
2.08
Beneish M
−2.66
Dividend safety
n/a

BlackLine (BL) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, BlackLine (BL) trades at a EV/EBITDA of 25.3×. Over the past ten years it has ranged from 0.0× (June 2023) to 763× (June 2020); the current reading is higher than 46% of that period. That is above the Software Application industry median of 15.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 43.6× (15.56%)
FY2024 51.7× 2.34%
FY2023 50.5× —
FY2022 0.0× —
FY2021 136× (57.18%)
FY2020 317× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 21.4× (28.86%)
Mar 2026 30.0× (31.14%)
Dec 2025 43.6× 18.51%
Sep 2025 36.8× (3.84%)
39 more quarters

Against its own ten years

Low 0.0× High 763×
Ten-year median 32.9×
Current reading's percentile 46

EV/EBITDA against peers

Company EV/EBITDA
AMPL Amplitude, Inc. compare n/m
WLTH Wealthfront Corporation compare n/m
SOUN SoundHound AI, Inc. compare n/m
ADEA Adeia Inc. compare 7.2×
DBD Diebold Nixdorf, Incorporated compare 8.0×
PLUS ePlus inc. compare 9.0×
KARO Karooooo Ltd. compare 21.0×
BL BlackLine 25.3×
BTDR Bitdeer Technologies Group compare 91.1×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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