BL
TechnologyBlackLine, Inc. · Software - Application · $2B
What is BlackLine, Inc.?
BlackLine, Inc. delivers cloud-based software that helps finance and accounting teams automate the financial close process. Headquartered in Woodland Hills, California, the company serves organizations worldwide looking to replace manual, spreadsheet-driven workflows.
BlackLine generates revenue by licensing cloud-based software subscriptions to corporate finance and accounting departments. Its platform centralizes and automates tasks that traditionally consumed significant manual effort — reconciling accounts, matching transactions, managing journal entries, and ensuring compliance during the financial close cycle. The company also offers accounts receivable automation tools, helping businesses accelerate cash collection and reduce credit risk. Customers typically pay recurring subscription fees, giving BlackLine a predictable, software-as-a-service revenue model.
BlackLine was incorporated in 2016 and is headquartered in Woodland Hills, US.
- Financial close management and account reconciliation software
- Transaction matching for high-volume data reconciliation
- Journal entry generation, review, and posting tools
- Accounts receivable automation including cash application and collections
- Intercompany workflow and consolidation integrity management
Is BL a Good Stock to Buy?
UQS Score rates BL as Below Average overall.
Among the five pillars, Valuation stands out as the relative bright spot — BL's current pricing is rated Attractive, meaning the stock may not be demanding a premium relative to its fundamentals. This could appeal to investors who are patient and willing to wait for operational improvement.
Quality, Moat, Growth, and Risk are all rated Weak, reflecting broad-based challenges across profitability, competitive positioning, expansion trajectory, and balance sheet or operational risk factors.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does BL pay dividends?
No — BlackLine, Inc. does not currently pay a dividend.
BlackLine does not currently pay a dividend. As a cloud software company still investing heavily in product development and market expansion, retained capital is directed toward growth initiatives rather than shareholder distributions. Investors seeking income will need to look elsewhere — BL's potential return case, if any, rests on capital appreciation.
When does BL report earnings?
BlackLine reports earnings on a quarterly cadence, typical for US-listed equities.
The company's recent results have reflected the pressures visible in its UQS pillar profile — growth has been subdued and profitability metrics remain under scrutiny. Execution on its automation platform and accounts receivable expansion will be key themes to watch each quarter.
For the most recent quarter's results, visit BlackLine's investor relations page directly.
BL Price History
-69.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in BlackLine, Inc.?
Based on BlackLine, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
BL Long-term Outlook
Given Weak ratings across Growth, Quality, and Risk, BlackLine's near-term fundamental outlook carries meaningful uncertainty. The Attractive Valuation label suggests the market may already be pricing in a cautious scenario, but a re-rating would likely require demonstrable improvement in revenue acceleration and margin discipline. The Risk pillar warrants close monitoring, as operational or competitive pressures could weigh on results.
Growth drivers
- Continued enterprise adoption of cloud-based financial close automation
- Expansion of accounts receivable automation as a second growth vector
- Cross-sell opportunities within existing large enterprise customer accounts
Key risks
- Weak Moat rating signals limited pricing power against larger ERP vendors
- Weak Growth rating suggests customer acquisition or expansion may be slowing
- Elevated competitive pressure from integrated finance platforms could compress market share
BL vs Peers
BlackLine operates in a competitive landscape that includes specialized workflow automation and data intelligence platforms targeting finance and professional services teams.
Kodiak AI focuses on AI-driven automation, bringing a different technology approach to enterprise workflow optimization compared to BlackLine's accounting-specific platform.
Intapp targets professional and financial services firms with industry-specific cloud software, competing with BlackLine for finance automation budget in regulated industries.
ZoomInfo competes more broadly in the B2B data and workflow intelligence space, with a go-to-market focus that differs from BlackLine's deep accounting close specialization.
Frequently Asked Questions
What does BlackLine do?
BlackLine provides cloud software that automates accounting and finance operations — primarily the financial close process. Its tools handle account reconciliations, journal entries, transaction matching, and accounts receivable automation, replacing manual spreadsheet workflows for corporate finance teams worldwide.
Does BL pay dividends?
BlackLine does not pay a dividend. The company reinvests available capital into its cloud platform and growth initiatives rather than returning cash to shareholders through distributions. Income-focused investors should factor this into their assessment.
When does BL report earnings?
BlackLine reports financial results on a quarterly basis, consistent with standard US-listed company practice. For exact dates and the most recent earnings release, check BlackLine's official investor relations page.
Is BL a good stock to buy?
UQS Score rates BL as Below Average, reflecting Weak ratings across Quality, Moat, Growth, and Risk pillars. The Valuation pillar is rated Attractive, which is the one relative positive. Whether that's enough depends on your risk tolerance and investment horizon — the full pillar breakdown is available to Pro members.
Is BL overvalued?
Based on the UQS Valuation pillar, BL is rated Attractive — suggesting the stock is not considered overpriced relative to its fundamentals at current levels. However, an attractive price alone does not offset the Weak ratings across other pillars. View the complete valuation analysis with a Pro account.
How does BL compare to its competitors?
BlackLine competes with platforms like Intapp, Kodiak AI, and ZoomInfo Technologies in adjacent areas of enterprise workflow and finance automation. Each competitor brings a different focus — from professional services software to AI-driven tools — making direct comparison nuanced. The UQS comparison view is available on each competitor's page.
What is BL's market cap bracket?
BlackLine is classified as a small-cap company. This places it in a segment of the market that can offer growth potential but also tends to carry higher volatility and liquidity risk compared to large- or mega-cap peers.
Who founded BlackLine?
BlackLine was founded by Therese Tucker, who built the company around the idea of automating the manual, error-prone financial close process. Founding context and leadership history are widely documented in BlackLine's public filings and corporate history materials.
Is BL a long-term quality investment?
As a long-term quality indicator, the UQS Score rates BL as Below Average. Weak scores across Quality, Moat, and Growth pillars suggest the company has not yet demonstrated the durable fundamentals typically associated with long-term compounders. The Attractive Valuation could provide a margin of safety, but quality improvement would be needed to change the overall picture.
What is the main competitive advantage of BlackLine?
BlackLine's core differentiation lies in its purpose-built focus on financial close automation — a specialized niche within enterprise software. However, the UQS Moat pillar is currently rated Weak, indicating that this specialization has not yet translated into a clearly defensible competitive position relative to broader ERP and finance platform providers.
What sector does BL belong to?
BlackLine operates in the Technology sector, specifically within cloud-based enterprise software for finance and accounting automation. It is often grouped with SaaS companies serving the office of the CFO, competing for budget alongside ERP vendors and specialized fintech platforms.
Is BL a growth stock or value stock?
Based on its UQS profile, BL presents a mixed picture. The Growth pillar is rated Weak, meaning it does not currently exhibit strong expansion characteristics. The Valuation pillar is rated Attractive, giving it a value-like quality on price. It does not fit neatly into either category at this time.
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Pro Analysis
BL — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 39.9 | 32.9 | 32.0 | 35.6 | 15.2 | 94.9 | +0.3 |
| May 21, 2026 | 39.6 | 32.9 | 32.0 | 35.6 | 15.2 | 92.8 | -0.1 |
| May 20, 2026 | 39.7 | 32.9 | 32.0 | 35.6 | 15.2 | 93.6 | +0.1 |
| May 19, 2026 | 39.6 | 32.9 | 32.0 | 35.6 | 15.2 | 93.4 | -0.4 |
| May 16, 2026 | 40.0 | 32.9 | 32.0 | 35.6 | 15.2 | 95.7 | 0.0 |
| May 15, 2026 | 40.0 | 32.9 | 32.0 | 35.6 | 15.2 | 95.6 | 0.0 |
| May 14, 2026 | 40.0 | 32.9 | 32.0 | 35.6 | 15.2 | 95.8 | -0.1 |
| May 12, 2026 | 40.1 | 32.9 | 32.0 | 35.6 | 15.2 | 96.3 | +0.6 |
| May 11, 2026 | 39.5 | 32.9 | 32.0 | 35.6 | 15.2 | 92.3 | +1.1 |
| May 10, 2026 | 38.4 | 29.5 | 32.0 | 35.6 | 15.2 | 90.6 | -0.8 |
BL — Pillar Breakdown
Quality
— 32.9/100 (25%)BlackLine, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 35.6/100 (20%)BlackLine, Inc. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 15.2/100 (15%)BlackLine, Inc. presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 88.7/100 (15%)BlackLine, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 32/100 (25%)BlackLine, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for BL.
Score Composition
Financial Data
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How is the BL UQS Score Calculated?
The UQS (Unified Quality Score) for BlackLine, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses BlackLine, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether BlackLine, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.