Blackline Inc (BL)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 75.94% | 76.02% | 76.09% | 76.15% | 76.08% | 75.76% | 78.62% | 82.22% | 88.18% | 90.02% | 88.96% | 87.73% | 84.77% | 85.31% | 84.32% | 82.58% | 80.46% | 79.62% | 78.08% | 78.06% |
| Operating profit margin | 2.46% | 0.85% | -2.82% | -8.62% | -10.86% | -15.31% | -10.62% | -10.93% | -10.39% | -8.41% | -10.96% | -9.35% | -5.96% | -5.48% | -7.61% | -8.70% | -9.76% | -11.79% | -11.29% | -13.14% |
| Pretax margin | 9.30% | 7.21% | 2.08% | -5.87% | -8.30% | -18.29% | -18.65% | -23.86% | -30.94% | -27.09% | -26.12% | -21.81% | -13.85% | -11.75% | -12.50% | -11.72% | -10.78% | -11.08% | -9.97% | -11.97% |
| Net profit margin | 9.05% | 7.41% | 1.84% | -5.86% | -5.68% | -15.73% | -15.71% | -20.82% | -30.98% | -27.01% | -26.27% | -21.85% | -14.06% | -12.29% | -12.94% | -12.28% | -11.38% | -11.76% | -10.62% | -12.57% |
Blackline Inc's profitability ratios have shown some fluctuations over the past few quarters. The gross profit margin has remained relatively consistent, hovering around the mid-70% range, indicating the company's ability to effectively manage its production costs.
However, the operating profit margin has been more volatile, ranging from positive to negative figures. This suggests that Blackline Inc might be facing challenges in controlling its operating expenses and generating consistent operating profits.
The pretax margin and net profit margin also reflect this volatility, with significant fluctuations from positive to negative values. This indicates that the company's overall profitability has been impacted by various factors, potentially including changes in revenue, expenses, and cost management strategies.
Overall, while Blackline Inc has shown decent gross profit margins, its operating profit margin and bottom-line profitability have been more unstable, indicating a need for closer attention to cost management and operational efficiency to improve overall profitability in the future.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.68% | 0.24% | -0.79% | -2.39% | -2.89% | -4.03% | -2.58% | -2.42% | -2.12% | -1.69% | -2.17% | -1.83% | -1.79% | -1.67% | -2.25% | -2.56% | -2.75% | -3.24% | -5.49% | -6.26% |
| Return on assets (ROA) | 2.51% | 2.09% | 0.51% | -1.62% | -1.51% | -4.14% | -3.81% | -4.61% | -6.34% | -5.44% | -5.20% | -4.27% | -4.21% | -3.74% | -3.83% | -3.62% | -3.21% | -3.23% | -5.17% | -5.99% |
| Return on total capital | 4.29% | 3.45% | 1.11% | -1.70% | -2.48% | -4.77% | -3.38% | -3.40% | -3.62% | -2.98% | -3.33% | -2.88% | -2.76% | -1.76% | -2.25% | -2.73% | -3.07% | -3.69% | -8.40% | -9.35% |
| Return on equity (ROE) | 20.25% | 19.50% | 5.74% | -26.83% | -26.27% | -99.71% | -90.20% | -130.37% | -35.43% | -27.92% | -26.75% | -21.50% | -11.11% | -9.38% | -9.66% | -9.24% | -8.16% | -8.00% | -8.34% | -9.51% |
The profitability ratios of Blackline Inc have shown varying trends over the past few quarters.
1. Operating return on assets (Operating ROA) has fluctuated within a narrow range, with a positive turn in the most recent quarter, indicating an improvement in the company's ability to generate profits from its assets used in operations.
2. Return on assets (ROA) has also fluctuated, with a mix of positive and negative values, suggesting that the company's overall efficiency in utilizing its assets to generate profits has been inconsistent.
3. Return on total capital has shown a similar trend to ROA, with fluctuations and occasional negative values, implying that the company's profitability relative to its total invested capital has been variable.
4. Return on equity (ROE) has demonstrated significant volatility, with both positive and highly negative values recorded, reflecting fluctuations in the company's profitability as measured against shareholder equity.
Overall, Blackline Inc's profitability ratios suggest a lack of consistent profitability performance, potentially indicating challenges in generating earnings relative to the resources employed in the business. Monitoring these ratios over time can help assess the company's financial health and profitability trends.