Blackline Pretax Profit Margin from 2010 to 2024

BL Stock  USD 65.22  1.59  2.50%   
Blackline Pretax Profit Margin yearly trend continues to be quite stable with very little volatility. Pretax Profit Margin may rise above 0.11 this year. From the period between 2010 and 2024, Blackline, Pretax Profit Margin regression line of its data series had sample variance of  0.05 and sample variance of  0.05. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.10255832
Current Value
0.11
Quarterly Volatility
0.21794878
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Blackline financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Blackline main balance sheet or income statement drivers, such as Interest Expense of 11.3 M, Total Revenue of 619.5 M or Gross Profit of 464.4 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.47, Price Earnings Ratio of 89.4 or Price To Sales Ratio of 13.88. Blackline financial statements analysis is a perfect complement when working with Blackline Valuation or Volatility modules.
  
This module can also supplement Blackline's financial leverage analysis and stock options assessment as well as various Blackline Technical models . Check out the analysis of Blackline Correlation against competitors.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.

Latest Blackline's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Blackline over the last few years. It is Blackline's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Blackline's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Blackline Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.26)
Coefficient Of Variation(83.68)
Mean Deviation0.19
Median(0.24)
Standard Deviation0.22
Sample Variance0.05
Range0.5923
R-Value0.93
Mean Square Error0.01
R-Squared0.86
Slope0.05
Total Sum of Squares0.67

Blackline Pretax Profit Margin History

2024 0.11
2023 0.1
2022 -0.0907
2021 -0.24
2019 -0.11
2018 -0.12
2017 -0.21

About Blackline Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Blackline income statement, its balance sheet, and the statement of cash flows. Blackline investors use historical funamental indicators, such as Blackline's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Blackline investors may use each financial statement separately, they are all related. The changes in Blackline's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Blackline's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Blackline Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Blackline. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Pretax Profit Margin 0.10  0.11 

Pair Trading with Blackline

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackline will appreciate offsetting losses from the drop in the long position's value.

Moving together with Blackline Stock

  0.84DJCO Daily Journal CorpPairCorr

Moving against Blackline Stock

  0.57EB Eventbrite Class A Financial Report 14th of May 2024 PairCorr
  0.5DV DoubleVerify Holdings Sell-off TrendPairCorr
The ability to find closely correlated positions to Blackline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackline to buy it.
The correlation of Blackline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackline moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Blackline is a strong investment it is important to analyze Blackline's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Blackline's future performance. For an informed investment choice regarding Blackline Stock, refer to the following important reports:
Check out the analysis of Blackline Correlation against competitors.
For more information on how to buy Blackline Stock please use our How to buy in Blackline Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Blackline Stock analysis

When running Blackline's price analysis, check to measure Blackline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackline is operating at the current time. Most of Blackline's value examination focuses on studying past and present price action to predict the probability of Blackline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackline's price. Additionally, you may evaluate how the addition of Blackline to your portfolios can decrease your overall portfolio volatility.
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Is Blackline's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackline. If investors know Blackline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.05
Earnings Share
0.81
Revenue Per Share
9.696
Quarterly Revenue Growth
0.113
Return On Assets
(0)
The market value of Blackline is measured differently than its book value, which is the value of Blackline that is recorded on the company's balance sheet. Investors also form their own opinion of Blackline's value that differs from its market value or its book value, called intrinsic value, which is Blackline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackline's market value can be influenced by many factors that don't directly affect Blackline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.