BLBlackLine, Inc.

$26.55-51% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 32 out of 100, Below average

Below average. BlackLine, Inc. scores higher than 24% of the 1,794 companies Ryufin scores.

Carried by earnings quality, held back by return on capital and return on new capital.

Technology median 48 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
13
9
10
32
202020212022today

The biggest move was up 22 points from 2022 to today, mostly valuation.

Valuation

26% of the score, 30% here after data gaps

52median 56

BlackLine, Inc. is valued at 24.4x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
24.4x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score, 20% here after data gaps

0median 34

Over 7 years the business earned -4% a year after tax on the capital it uses.

2%
8%
15%
25%
-4%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 4.1%

Return on new capital

16% of the score, 18% here after data gaps

0median 49

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score, 16% here after data gaps

55median 67

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 3% a year over 5 years: new shares
25
5%
-3%
3%
0 pointsfull points
Assets against salesAssets grew 9.6% a year, sales 15%
100
12%
-2%
-5.2%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Margins have been too thin to measure a cycle against.

Balance sheet

8% of the score, 9% here after data gaps

16median 50

What the debt weighs against the profit that has to carry it.

Interest coverOperating profit covers interest 3x
16
1.5x
12x
3.2x
0 pointsfull points

Earnings quality

6% of the score, 7% here after data gaps

98median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 2.04x profit over 3 years
100
0.7x
1x
1.3x
2x
0 pointsfull points
AccrualsCash ran ahead of profit by 8.1% of assets
100
8%
0%
-8%
-8.1%
0 pointsfull points
Beneish M-score-2.87
93
-1.50
-1.78
-2.22
-3.00
-2.87
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For BL, cycle position could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.