Blackline Inc (BL)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 19,908 | 28,903 | 19,466 | 34,250 | 28,424 | 28,348 | 8,003 | -22,610 | -44,340 | -75,664 | -48,294 | -45,273 | -38,614 | -29,618 | -37,586 | -31,240 | -19,872 | -17,417 | -23,261 | -25,913 |
| Revenue (ttm) | US$ in thousands | 653,336 | 639,606 | 624,405 | 608,473 | 589,996 | 574,223 | 557,783 | 541,686 | 522,938 | 498,307 | 473,441 | 447,086 | 425,706 | 406,090 | 387,217 | 368,367 | 352,109 | 336,657 | 321,053 | 307,445 |
| Operating profit margin | 3.05% | 4.52% | 3.12% | 5.63% | 4.82% | 4.94% | 1.43% | -4.17% | -8.48% | -15.18% | -10.20% | -10.13% | -9.07% | -7.29% | -9.71% | -8.48% | -5.64% | -5.17% | -7.25% | -8.43% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $19,908K ÷ $653,336K
= 3.05%
Blackline Inc's operating profit margin has shown fluctuating trends over the past few years. It started with negative margins ranging from -8.43% to -5.64% throughout 2020, indicating the company's operating expenses were relatively high compared to its revenue during that period.
In the following years, the operating profit margin continued to fluctuate but generally remained negative, with margins dipping as low as -15.18% in September 2022. This suggests that Blackline Inc was facing challenges in controlling its operating costs and improving profitability.
However, the company's operating profit margin showed signs of improvement starting from the first quarter of 2023, with margins gradually turning positive from March 2023 onwards. The margin increased from 4.82% in December 2023 to 5.63% in March 2024, displaying a positive trend in the company's ability to generate profits from its core operations.
Overall, Blackline Inc's operating profit margin has experienced significant fluctuations, but the recent trend towards positive margins indicates a potential improvement in the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024