Blackline Inc (BL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 75.21% | 75.28% | 75.37% | 75.26% | 75.13% | 75.18% | 75.23% | 75.27% | 75.26% | 75.12% | 75.50% | 76.14% | 77.01% | 78.06% | 78.92% | 79.69% | 80.41% | 80.72% | 80.31% | 80.02% |
| 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% |
| Pretax margin | 19.09% | 21.54% | 21.23% | 13.52% | 10.26% | 7.70% | 2.55% | -5.03% | -9.07% | -17.96% | -17.09% | -20.97% | -23.69% | -20.04% | -20.34% | -16.69% | -10.99% | -10.02% | -10.95% | -10.54% |
| Net profit margin | 24.67% | 19.83% | 19.46% | 12.44% | 9.85% | 8.25% | 2.95% | -4.87% | -6.33% | -16.34% | -16.09% | -20.05% | -27.05% | -23.43% | -23.25% | -19.79% | -13.28% | -11.58% | -12.34% | -11.87% |
Based on the provided data, Blackline Inc's profitability ratios show the following trends:
1. Gross Profit Margin:
- The gross profit margin has gradually declined from 80.02% on March 31, 2020, to 75.21% on December 31, 2024. This indicates a decreasing trend in the percentage of revenue remaining after deducting the cost of goods sold.
2. Operating Profit Margin:
- The operating profit margin was negative in the earlier periods but improved significantly over time. It increased from -8.43% on March 31, 2020, to 3.05% on December 31, 2024, showing a positive trend in the company's operational efficiency and cost management.
3. Pretax Margin:
- The pretax margin fluctuated over the years, with periods of negative margins shifting to positive margins. It improved from -23.69% on December 31, 2021, to 19.09% on December 31, 2024. This indicates the company's ability to generate profits before accounting for taxes.
4. Net Profit Margin:
- The net profit margin also showed improvement over the years, shifting from negative margins to positive margins. It increased from -27.05% on December 31, 2021, to 24.67% on December 31, 2024, indicating that the company became more profitable after considering all expenses and taxes.
Overall, Blackline Inc has shown a positive trend in improving its profitability ratios, with significant enhancements in operating, pretax, and net profit margins over the analyzed period. This suggests the company's efforts in enhancing operational efficiency and overall financial performance.
Return on investment
| 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 return on assets (Operating ROA) | 1.09% | 1.71% | 1.03% | 1.64% | 1.35% | 1.41% | 0.41% | -1.17% | -2.28% | -4.03% | -2.58% | -2.42% | -2.12% | -1.69% | -2.17% | -1.83% | -1.78% | -1.66% | -2.25% | -2.56% |
| Return on assets (ROA) | 8.83% | 7.48% | 6.43% | 3.62% | 2.77% | 2.35% | 0.83% | -1.37% | -1.70% | -4.34% | -4.06% | -4.79% | -6.34% | -5.44% | -5.20% | -4.27% | -4.20% | -3.72% | -3.83% | -3.61% |
| Return on total capital | 9.04% | 10.56% | 4.89% | 15.45% | 13.93% | 7.33% | 1.33% | -33.41% | -53.00% | -88.23% | -57.51% | -68.52% | -12.02% | -8.48% | -10.47% | -7.55% | -2.54% | -1.73% | -3.10% | -4.25% |
| Return on equity (ROE) | 36.08% | 34.47% | 37.30% | 27.04% | 22.27% | 21.95% | 9.32% | -22.55% | -29.58% | -104.45% | -96.17% | -135.54% | -35.43% | -27.92% | -26.71% | -21.46% | -11.08% | -9.35% | -9.66% | -9.21% |
Based on the provided data for Blackline Inc, let's analyze the profitability ratios over time:
1. Operating Return on Assets (Operating ROA):
- The Operating ROA ranged from -4.03% to 1.71% between September 30, 2022, and September 30, 2024.
- The company experienced a slight improvement in Operating ROA over the period, indicating a better ability to generate profits from its assets.
2. Return on Assets (ROA):
- The ROA fluctuated from -6.34% to 8.83% between December 31, 2021, and December 31, 2024.
- There was a significant positive trend in ROA, showing the company's ability to generate higher profits relative to its total assets over the period.
3. Return on Total Capital:
- The Return on Total Capital varied from -88.23% to 15.45% between September 30, 2022, and March 31, 2024.
- There was a notable recovery in Return on Total Capital after a period of negative returns, indicating an improvement in utilizing total capital efficiently.
4. Return on Equity (ROE):
- The ROE ranged from -135.54% to 36.08% between March 31, 2022, and December 31, 2024.
- There was a drastic improvement in ROE, showing that the company significantly enhanced its ability to generate returns for its shareholders, indicating greater profitability and efficiency in leveraging equity.
In summary, Blackline Inc demonstrated a positive trend in profitability ratios over the analyzed period, reflecting improved operational efficiency, better asset utilization, and increased returns for both capital providers and shareholders.