BlackLine
BL
#3512
Rank
$2.91 B
Marketcap
$47.09
Share price
0.90%
Change (1 day)
-13.61%
Change (1 year)

Operating Margin for BlackLine (BL)

Operating Margin as of June 2024 (TTM): 3.59%

According to BlackLine's latest financial reports and stock price the company's current Operating Margin is 3.59%. At the end of 2022 the company had an Operating Margin of -9.07%.

Operating Margin history for BlackLine from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-9.07%-61.73%
2021-23.69%115.33%
2020-11.00%4.52%
2019-10.53%-13.44%
2018-12.16%-42.58%
2017-21.18%-43%
2016-37.15%-19.2%
2015-45.99%-4.66%
2014-48.23%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-1,031.57%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.