Blackline price to free cash flow BL
Market value divided by free cash flow over the last twelve months, since 2018.
- Today, Oct 23, 2026
- 11.5×
- 8-year median
- 91.0×
- Against its 8-year history
- 6th
- percentile: 0 is its lowest day, 100 its highest
- 8-year range
- 9.0× to 494×
- Peer median
- 15.6×
Blackline's price to free cash flow is 11.5× as of Oct 23, 2026.
That is below its 8-year median of 91.0×, lower than on 94% of days in the last 8 years.
Over that time it ranged from 9.0× in Oct 2026 to 494× in Sep 2018.
The median for 10 infrastructure software stocks of a similar size is 15.6×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 11.5× | 9.0× | 18.9× |
| 2025 | 19.3× | 14.7× | 21.7× |
| 2024 | 20.6× | 17.9× | 36.1× |
| 2023 | 36.4× | 30.5× | 116× |
| 2022 | 103× | 50.6× | 141× |
| 2021 | 95.5× | 86.3× | 191× |
| 2020 | 172× | 104× | 202× |
| 2019 | 138× | 130× | 310× |
| 2018 | 239× | 220× | 494× |
Against its peers
Companies in Software - Infrastructure nearest Blackline's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| BLBlackline | 11.5× |
| MQMarqeta | 9.9× |
| NCNOnCino | 18.5× |
| PDFSPDF Solutions | n/m |
| EVCMEverCommerce | 15.6× |
| BLKBBlackbaud | 7.7× |
| CXMSprinklr | 12.2× |
| XZOExzeo | 18.7× |
| NTCTNetscout Systems | 11.0× |
| ALRMAlarm.com | 16.8× |
| RDVTRed Violet | 38.6× |
| Peer median | 15.6× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Blackline
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.