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.

Revenue
+9.88%
EPS
+23.2%
Free cash flow
−30.6%
Total debt
−21.4%

Quarter to September 2026, against a year earlier

84.41 3.22 −3.67%
Market cap
$50.8B
P/E
112×
Fwd P/E
44.1×
Dividend yield
—
F-score
5/9
Altman Z
2.64
Beneish M
−2.66
Dividend safety
n/a

Block, Inc. (XYZ) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Block, Inc. (XYZ) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 0.0× (December 2015) to 53.7× (April 2021); the current reading is higher than 28% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.5×.

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
Sep 2026 1.9× (6.16%)
Jun 2026 2.1× 24.45%
Mar 2026 1.7× (7.72%)
Dec 2025 1.8× (8.40%)
43 more quarters

Against its own ten years

Low 0.0× High 53.7×
Ten-year median 8.4×
Current reading's percentile 27

P/B ratio against peers

Company P/B ratio
VRSN VeriSign, Inc. compare n/m
XYZ Block, Inc. 2.2×
NBIS Nebius Group N.V. compare 3.3×
TWLO Twilio Inc. compare 3.4×
OKTA Okta, Inc. compare 4.3×
CRWV CoreWeave Inc. compare 4.9×
CPAY Corpay, Inc. compare 8.9×
ZS Zscaler, Inc. compare 12.6×
NTAP NetApp, Inc. compare 22.4×
Software Infrastructure industry median 2.9×
Technology sector median 2.5×
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))

The full definition of P/B ratio →

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