Blackbaud price to free cash flow BLKB
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 7.7×
- 10-year median
- 19.5×
- Against its 10-year history
- 6th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.0× to 35.5×
- Peer median
- 16.8×
Blackbaud's price to free cash flow is 7.7× as of Oct 23, 2026.
That is below its ten-year median of 19.5×, lower than on 94% of days in the last ten years.
Over that time it ranged from 4.0× in Jun 2026 to 35.5× in Oct 2016.
The median for 10 infrastructure software stocks of a similar size is 16.8×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 7.7× | 4.0× | 10.8× |
| 2025 | 11.1× | 9.8× | 19.2× |
| 2024 | 18.0× | 16.3× | 21.4× |
| 2023 | 22.1× | 13.8× | 22.2× |
| 2022 | 14.2× | 12.8× | 17.7× |
| 2021 | 19.4× | 17.5× | 30.2× |
| 2020 | 20.1× | 14.0× | 23.1× |
| 2019 | 22.2× | 17.4× | 27.3× |
| 2018 | 17.3× | 16.6× | 35.3× |
| 2017 | 27.3× | 24.8× | 31.9× |
| 2016 | 27.8× | 25.5× | 40.9× |
| 2015 | 37.7× | 19.5× | 38.2× |
| 2014 | 20.9× | 15.9× | 20.9× |
| 2013 | 19.5× | 17.6× | 34.6× |
| 2012 | 28.5× | 19.3× | 32.5× |
| 2011 | 20.1× | 17.3× | 22.6× |
Against its peers
Companies in Software - Infrastructure nearest Blackbaud's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| BLKBBlackbaud | 7.7× |
| NCNOnCino | 18.5× |
| NTCTNetscout Systems | 11.0× |
| BLBlackline | 11.5× |
| ALRMAlarm.com | 16.8× |
| KDKyndryl | 21.7× |
| MQMarqeta | 9.9× |
| SPSCSPS Commerce | 16.8× |
| AGYSAgilysys | 42.3× |
| AVPTAvePoint | 34.6× |
| PDFSPDF Solutions | n/m |
| Peer median | 16.8× |
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 Blackbaud
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.