Block, Inc.
XYZ Technology Software Infrastructure
Block, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $24.2 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 9.30%, EPS fell 83.0%, free cash flow grew 181.8% and total debt rose 11.9%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years.
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Block, Inc. (XYZ) P/B ratio
As of 16 October 2026, Block, Inc. (XYZ) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 0.0× (December 2015) to 53.7× (April 2021); the current reading is higher than 21% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.7×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.8× | (27.21%) |
| FY2024 | 2.5× | 4.98% |
| FY2023 | 2.4× | 8.44% |
| FY2022 | 2.2× | (90.29%) |
| FY2021 | 22.3× | (37.87%) |
| FY2020 | 36.0× | 131.99% |
| FY2019 | 15.5× | (23.67%) |
| FY2018 | 20.3× | 16.40% |
| FY2017 | 17.4× | 113.14% |
| FY2016 | 8.2× | 35.47% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.1× | 24.45% |
| Mar 2026 | 1.7× | (7.72%) |
| Dec 2025 | 1.8× | (8.40%) |
| Sep 2025 | 2.0× | 4.27% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| VRSN VeriSign, Inc. compare | n/m |
| XYZ Block, Inc. | 2.1× |
| TWLO Twilio Inc. compare | 4.2× |
| NBIS Nebius Group N.V. compare | 4.5× |
| OKTA Okta, Inc. compare | 4.7× |
| CRWV CoreWeave Inc. compare | 6.7× |
| MDB MongoDB, Inc. compare | 9.1× |
| ZS Zscaler, Inc. compare | 12.8× |
| NTAP NetApp, Inc. compare | 26.7× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on XYZ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement