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BLACKBAUD INC BLKB

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2004-07-22 · LEI

BLACKBAUD INC statistics & valuation

P / E11.7×
P / S1.2×
P / B15.8×
P / FCF5.2×
Net margin10.2%
FCF margin22.8%
Net debt$1.1B
Net debt / EBITDA3.9×
Enterprise value USD$2.4B
EV / EBITDA8.7×
Earnings yield EBIT/EV7.9%
Return on capital15.8%
Graham number -78.3%$9.67

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($9.67); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.20% 9.30% 5.30% 1.30% 0.80% 0.60% -4.30% 0.30% -25.90% 10.20% 2016201720182019202020212022202320242025
Gross margin (%)
53.60% 54.10% 55.00% 53.50% 53.10% 52.20% 52.20% 54.10% 54.70% 58.80% 2016201720182019202020212022202320242025
Operating margin (%)
9.30% 8.60% 7.00% 3.00% 4.10% 2.70% -2.70% 4.20% -23.50% 16.90% 2016201720182019202020212022202320242025
Return on equity (%)
16.90% 21.90% 12.00% 3.00% 1.80% 0.80% -6.10% 0.40% -236.10% 135.20% 2016201720182019202020212022202320242025
Shares outstanding
47.3M 47.8M 48.0M 48.3M 48.7M 48.2M 53.1M 53.7M 50.6M 48.5M 2016201720182019202020212022202320242025
Net debt ($)
$327.0M $410.5M $357.9M $436.4M $498.4M $906.0M $830.3M $749.9M $1.01B $1.07B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.50% 4.10% 2.80% 0.60% 0.40% 0.20% -1.50% 0.10% -12.00% 4.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
18.60% 21.10% 22.00% 19.00% 13.00% 21.80% 18.10% 17.60% 25.00% 22.80% 2016201720182019202020212022202320242025
Debt / equity (×)
1.28× 1.31× 1.04× 1.18× 1.25× 1.34× 1.16× 0.96× 8.50× 13.06× 2016201720182019202020212022202320242025
EPS ($)
$0.96 $1.54 $0.93 $0.25 $0.16 $0.12 -$0.88 $0.06 -$5.92 $2.37 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

BLACKBAUD INC trades at about 18.8× earnings — below its 10-year norm (10-year range 22.7×–1348.7×, median 111.8×).

18.8× 1348.7×

Shaded band = 10-year range (22.7×–1348.7×); dot = today's 18.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin58.8%54.7%54.1%52.2%52.2%53.1%53.5%55.0%54.1%53.6%
Operating margin16.9%-23.5%4.2%-2.7%2.7%4.1%3.0%7.0%8.6%9.3%
Net margin10.2%-25.9%0.3%-4.3%0.6%0.8%1.3%5.3%9.3%6.2%
FCF margin22.8%25.0%17.6%18.1%21.8%13.0%19.0%22.0%21.1%18.6%
Return on assets4.8%-12.0%0.1%-1.5%0.2%0.4%0.6%2.8%4.1%3.5%
Return on equity135.2%-236.1%0.4%-6.1%0.8%1.8%3.0%12.0%21.9%16.9%
Debt / equity13.06×8.50×0.96×1.16×1.34×1.25×1.18×1.04×1.31×1.28×
Current ratio0.790.780.780.750.770.810.740.740.820.75

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.