Blackbaud, Inc. (BLKB) 10-Year Financial Performance & Capital Metrics

BLKB • • Industrial / General

TechnologyApplication SoftwareHuman Capital ManagementHR & Payroll Management

AboutBlackbaud, Inc. provides cloud software solutions to higher education institutions, K12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies, and individual change agents in the United States and internationally. The company offers fundraising and relationship management solutions, such as Blackbaud Raiser's Edge NXT and Blackbaud CRM, Blackbaud eTapestry, Blackbaud TeamRaiser, JustGiving, and Blackbaud Guided Fundraising and Blackbaud Volunteer Network Fundraising; marketing and engagement solutions, including Blackbaud Luminate Online, Blackbaud Online Express, and Blackbaud School Website System; and financial management solutions comprising Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management. It also provides grant and award management solutions, consisting of Blackbaud Grantmaking and Blackbaud Award Management; organizational and program management, such as Blackbaud Student Information System, Blackbaud Learning Management System, Blackbaud Enrollment Management System, Blackbaud Altru, and Blackbaud Church Management; social responsibility solutions, which includes YourCause GrantsConnect and YourCause CSRconnect; Blackbaud Merchant Services and Blackbaud Purchase Cards payment services; and Blackbaud's Intelligence for Good solutions, as well as donor acquisition, prospect research, data enrichment, and benchmarking and performance management solutions and services. It sells its solutions and related services through its direct sales force. Blackbaud, Inc. was founded in 1981 and is headquartered in Charleston, South Carolina.Show more

Revenue $1.16B +4.5%
EBITDA -$197M -277.0%
Net Income -$283M -15658.9%
EPS (Diluted) -5.60 -16619.2%
Gross Margin 55.32% +1.2%
EBITDA Margin -17.06% -269.3%
Operating Margin -23.41% -678.9%
Net Margin -24.51% -14988.6%
ROE -59.57% -25514.4%
ROIC -14.56% -799.0%
Debt/Equity 7.81 +664.4%
Interest Coverage -4.86 -534.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FCF machine: 25.0% free cash flow margin
✓Share count reduced 5.9% through buybacks

✗Weaknesses

✗High debt to equity ratio of 7.8x
✗Trading more than 30% below 52-week high
✗Expensive at 20.3x book value

Price & Volume

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Growth Metrics

Revenue CAGR

10Y7.43%

5Y5.11%

3Y7.59%

TTM-1.12%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-576.35%

EPS CAGR

10Y-

5Y-

3Y-

TTM-602.51%

ROCE

10Y Avg2.67%

5Y Avg-2.38%

3Y Avg-5.76%

Latest-18.29%

Peer Comparison

HR & Payroll Management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DAYDayforce Inc	11.08B	69.25	629.55	16.27%	-7.91%	-5.56%	1.55%	0.48
WDAYWorkday, Inc.	41.05B	192.72	98.83	16.35%	6.95%	7.23%	5.33%	0.37
PCTYPaylocity Holding Corporation	7.7B	141.65	35.24	13.74%	13.75%	20.44%	4.45%	0.18
PAYCPaycom Software, Inc.	8.39B	152.78	17.13	11.19%	22.65%	26.51%	4.07%	0.05
LGCLLucas GC Limited Ordinary Shares	5.84M	2.09	0.10	-27.85%	4.63%	44.23%		0.26
ALITAlight, Inc.	831.22M	1.59	-5.48	-31.61%	-94.23%	-107.63%	15.76%	0.50
BLKBBlackbaud, Inc.	2.72B	56.93	-10.17	4.53%	-22.23%	-233.32%	10.6%	7.81
ASURAsure Software, Inc.	280.97M	10.12	-22.49	0.6%	-12.94%	-8.85%		0.09

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	637.94M	730.82M	788.31M	848.61M	900.42M	913.22M	927.74M	1.06B	1.11B	1.16B
Revenue Growth %	0.13%	0.15%	0.08%	0.08%	0.06%	0.01%	0.02%	0.14%	0.04%	0.05%
Cost of Goods Sold+	304.63M	339.22M	361.9M	380.84M	417.22M	427.17M	443.19M	505.39M	501.39M	516.29M
COGS % of Revenue	0.48%	0.46%	0.46%	0.45%	0.46%	0.47%	0.48%	0.48%	0.45%	0.45%
Gross Profit+	333.31M	392.42M	426.58M	467.76M	483.2M	486.05M	484.55M	552.72M	604.04M	639.2M
Gross Margin %	0.52%	0.54%	0.54%	0.55%	0.54%	0.53%	0.52%	0.52%	0.55%	0.55%
Gross Profit Growth %	0.15%	0.18%	0.09%	0.1%	0.03%	0.01%	-0%	0.14%	0.09%	0.06%
Operating Expenses+	286.6M	324.2M	358.4M	408.35M	456.05M	448.81M	459.64M	581.2M	559.34M	909.71M
OpEx % of Revenue	0.45%	0.44%	0.45%	0.48%	0.51%	0.49%	0.5%	0.55%	0.51%	0.79%
Selling, General & Admin	195.83M	229.79M	264.43M	292.7M	337.57M	340.15M	325.46M	359.44M	335.57M	294.72M
SG&A % of Revenue	0.31%	0.31%	0.34%	0.34%	0.37%	0.37%	0.35%	0.34%	0.3%	0.26%
Research & Development	90.28M	98.17M	102.71M	115.41M	126.86M	100.15M	124.57M	159.21M	153.3M	183.19M
R&D % of Revenue	0.14%	0.13%	0.13%	0.14%	0.14%	0.11%	0.13%	0.15%	0.14%	0.16%
Other Operating Expenses	492K	-3.76M	-8.73M	234K	-8.38M	8.52M	9.61M	62.55M	70.47M	431.8M
Operating Income+	46.71M	68.22M	68.18M	59.42M	27.14M	37.24M	24.91M	-28.48M	44.7M	-270.51M
Operating Margin %	0.07%	0.09%	0.09%	0.07%	0.03%	0.04%	0.03%	-0.03%	0.04%	-0.23%
Operating Income Growth %	0.01%	0.46%	-0%	-0.13%	-0.54%	0.37%	-0.33%	-2.14%	2.57%	-7.05%
EBITDA+	97.31M	130.41M	129.33M	122.38M	92.14M	98.28M	76.32M	37.08M	111.39M	-197.14M
EBITDA Margin %	0.15%	0.18%	0.16%	0.14%	0.1%	0.11%	0.08%	0.04%	0.1%	-0.17%
EBITDA Growth %	0.08%	0.34%	-0.01%	-0.05%	-0.25%	0.07%	-0.22%	-0.51%	2%	-2.77%
D&A (Non-Cash Add-back)	50.6M	62.19M	61.15M	62.97M	64.99M	61.03M	51.41M	65.57M	66.69M	73.36M
EBIT	50.61M	69.92M	68.97M	71.41M	34.15M	42.84M	32.28M	33.44M	112.03M	180.35M
Net Interest Income+	-7.92M	-10M	-11.1M	-13.89M	-17.82M	-15.63M	-17.61M	-34.06M	-31.1M	-45.79M
Interest Income	155K	581K	993K	2.01M	2.8M	1.66M	392K	1.75M	8.82M	9.85M
Interest Expense	8.07M	10.58M	12.1M	15.9M	20.62M	17.29M	18M	35.8M	39.92M	55.63M
Other Income/Expense	-9.76M	-10.87M	-9.84M	-14.79M	-16.56M	-15.63M	-17.82M	-27.09M	-27.06M	-41.09M
Pretax Income+	36.95M	50.93M	54.19M	44.62M	10.59M	21.61M	7.08M	-55.58M	17.64M	-311.59M
Pretax Margin %	0.06%	0.07%	0.07%	0.05%	0.01%	0.02%	0.01%	-0.05%	0.02%	-0.27%
Income Tax+	11.3M	9.41M	-11.74M	-219K	-1.32M	13.9M	1.39M	-10.17M	15.82M	-28.42M
Effective Tax Rate %	0.69%	0.82%	1.22%	1%	1.12%	0.36%	0.8%	0.82%	0.1%	0.91%
Net Income+	25.65M	41.52M	65.93M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M
Net Margin %	0.04%	0.06%	0.08%	0.05%	0.01%	0.01%	0.01%	-0.04%	0%	-0.25%
Net Income Growth %	-0.09%	0.62%	0.59%	-0.32%	-0.73%	-0.35%	-0.26%	-8.97%	1.04%	-156.59%
Net Income (Continuing)	25.65M	45.4M	73.63M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.55	0.88	1.38	0.93	0.25	0.16	0.12	-0.88	0.03	-5.60
EPS Growth %	-0.11%	0.6%	0.57%	-0.33%	-0.73%	-0.36%	-0.25%	-8.33%	1.04%	-166.19%
EPS (Basic)	0.56	0.90	1.41	0.95	0.25	0.16	0.12	-0.88	0.03	-5.60
Diluted Shares Outstanding	46.5M	47.32M	47.78M	48.05M	48.31M	48.7M	48.23M	51.57M	53.72M	50.56M
Basic Shares Outstanding	45.62M	46.13M	46.67M	47.21M	47.7M	48.18M	47.41M	51.57M	52.55M	50.56M
Dividend Payout Ratio	0.88%	0.55%	0.35%	0.52%	1.98%	0.77%	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	399.11M	507.92M	794.1M	597.98M	734.54M	819.06M	850.97M	918.64M	929.76M	976.31M
Cash & Short-Term Investments	15.36M	16.9M	29.83M	30.87M	31.81M	35.75M	55.15M	31.69M	31.25M	67.63M
Cash Only	15.36M	16.9M	29.83M	30.87M	31.81M	35.75M	55.15M	31.69M	31.25M	67.63M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	80.05M	88.93M	97.22M	88.35M	89.39M	95.72M	103.7M	103.06M	102.22M	83.54M
Days Sales Outstanding	45.8	44.42	45.01	38	36.24	38.26	40.8	35.55	33.75	26.39
Inventory	255.04M	353.77M	610.34M	418.98M	0	0	0	0	0	0
Days Inventory Outstanding	305.58	380.66	615.57	401.55	-	-	-	-	-	-
Other Current Assets	303.7M	402.08M	610.34M	418.98M	545.49M	609.22M	596.62M	783.89M	796.29M	825.14M
Total Non-Current Assets+	824.74M	802.29M	965.32M	1.02B	1.26B	1.23B	2.11B	2.07B	1.98B	1.52B
Property, Plant & Equipment	52.65M	50.27M	42.24M	40.03M	139.95M	127.85M	165.31M	153.32M	135.62M	118.48M
Fixed Asset Turnover	12.12x	14.54x	18.66x	21.20x	6.43x	7.14x	5.61x	6.90x	8.15x	9.75x
Goodwill	436.45M	438.24M	530.25M	545.21M	634.09M	635.85M	1.08B	1.05B	1.05B	1.05B
Intangible Assets	314.22M	291.26M	368.75M	366.72M	419.2M	389.33M	795.33M	776.16M	742.13M	281.2M
Long-Term Investments	406K	206K	1.14M	2.26M	0	0	7.16M	31.87M	16.2M	9.26M
Other Non-Current Assets	21.42M	22.52M	24.08M	65.36M	65.19M	72.64M	77.27M	94.3M	34.84M	57.96M
Total Assets+	1.22B	1.31B	1.76B	1.62B	1.99B	2.04B	2.97B	2.99B	2.91B	2.5B
Asset Turnover	0.52x	0.56x	0.45x	0.53x	0.45x	0.45x	0.31x	0.35x	0.38x	0.46x
Asset Growth %	0.3%	0.07%	0.34%	-0.08%	0.23%	0.03%	0.45%	0.01%	-0.03%	-0.14%
Total Current Liabilities+	566.3M	680.12M	976M	805.65M	988.84M	1.01B	1.11B	1.23B	1.2B	1.25B
Accounts Payable	19.21M	23.27M	24.69M	34.54M	47.68M	27.84M	22.07M	42.56M	25.18M	50.81M
Days Payables Outstanding	23.01	25.04	24.9	33.1	41.71	23.79	18.17	30.74	18.33	35.92
Short-Term Debt	4.38M	4.38M	8.58M	7.5M	7.5M	12.84M	18.7M	18.8M	25.96M	23.88M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	275.59M	375.95M	611.88M	420.73M	546.01M	608.26M	594.27M	700.86M	753.46M	817.88M
Current Ratio	0.70x	0.75x	0.81x	0.74x	0.74x	0.81x	0.77x	0.75x	0.78x	0.78x
Quick Ratio	0.25x	0.23x	0.19x	0.22x	0.74x	0.81x	0.77x	0.75x	0.78x	0.78x
Cash Conversion Cycle	328.36	400.03	635.67	406.45	-	-	-	-	-	-
Total Non-Current Liabilities+	446.97M	382.55M	476.52M	435.87M	607.36M	605.18M	1.14B	1.02B	906.44M	1.1B
Long-Term Debt	404.23M	338.02M	429.65M	379.62M	459.6M	518.19M	937.48M	840.24M	760.4M	1.05B
Capital Lease Obligations	-517K	0	0	0	95.62M	17.36M	53.39M	44.92M	40.09M	34.19M
Deferred Tax Liabilities	28M	29.56M	37.6M	44.29M	44.59M	54.09M	142.21M	125.76M	93.29M	9.52M
Other Non-Current Liabilities	7.11M	8.53M	5.63M	9.39M	5.74M	10.87M	1.34M	4.29M	10.26M	4.8M
Total Liabilities	1.01B	1.06B	1.45B	1.24B	1.6B	1.62B	2.25B	2.25B	2.1B	2.35B
Total Debt+	408.6M	342.39M	438.22M	387.12M	562.72M	548.39M	1.01B	903.96M	826.45M	1.11B
Net Debt	393.24M	325.49M	408.39M	356.26M	530.91M	512.64M	954.42M	872.27M	795.2M	1.04B
Debt / Equity	1.94x	1.38x	1.43x	1.04x	1.42x	1.29x	1.41x	1.21x	1.02x	7.81x
Debt / EBITDA	4.20x	2.63x	3.39x	3.16x	6.11x	5.58x	13.23x	24.38x	7.42x	-
Net Debt / EBITDA	4.04x	2.50x	3.16x	2.91x	5.76x	5.22x	12.51x	23.52x	7.14x	-
Interest Coverage	5.79x	6.45x	5.64x	3.74x	1.32x	2.15x	1.38x	-0.80x	1.12x	-4.86x
Total Equity+	210.59M	247.54M	306.9M	373.78M	396.76M	426.15M	717.06M	744.03M	808.71M	141.99M
Equity Growth %	0.13%	0.18%	0.24%	0.22%	0.06%	0.07%	0.68%	0.04%	0.09%	-0.82%
Book Value per Share	4.53	5.23	6.42	7.78	8.21	8.75	14.87	14.43	15.05	2.81
Total Shareholders' Equity	210.59M	247.54M	306.9M	373.78M	396.76M	426.15M	717.06M	744.03M	808.71M	141.99M
Common Stock	57K	58K	59K	59K	60K	61K	66K	68K	69K	71K
Retained Earnings	134.88M	152.73M	195.65M	246.48M	234.85M	236.71M	242.46M	197.05M	198.87M	-84.3M
Treasury Stock	-199.86M	-215.24M	-239.2M	-266.88M	-290.67M	-353.09M	-500.91M	-537.29M	-591.56M	-1.06B
Accumulated OCI	-825K	-457K	-649K	-5.11M	-5.29M	-2.5M	6.52M	8.94M	-1.69M	-4.87M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	114.34M	153.63M	176.29M	201.38M	182.48M	147.96M	213.66M	203.89M	199.63M	295.97M
Operating CF Margin %	0.18%	0.21%	0.22%	0.24%	0.2%	0.16%	0.23%	0.19%	0.18%	0.26%
Operating CF Growth %	0.12%	0.34%	0.15%	0.14%	-0.09%	-0.19%	0.44%	-0.05%	-0.02%	0.48%
Net Income	25.65M	41.52M	65.93M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M
Depreciation & Amortization	56M	70.49M	73.95M	79.57M	85.69M	92.73M	82.41M	102.37M	109.49M	121.67M
Stock-Based Compensation	25.25M	32.64M	40.63M	48.27M	58.63M	87.26M	120.38M	110.29M	127.76M	104.97M
Deferred Taxes	3.17M	3.03M	-14.33M	-619K	-3.6M	8.84M	-2.43M	-26.64M	-24.37M	-85.01M
Other Non-Cash Items	4.28M	3.82M	13.03M	5.73M	14.38M	16.97M	23.51M	14.11M	11.3M	416.98M
Working Capital Changes	7K	2.13M	-2.92M	23.59M	15.46M	-65.56M	-15.91M	49.17M	-26.36M	20.54M
Change in Receivables	-7.59M	-13.2M	-15.75M	2.17M	-6.57M	-18.41M	-6.53M	-7.34M	-3.24M	4.73M
Change in Inventory	-11.14M	-3.23M	-11.12M	-7.24M	0	0	0	0	0	0
Change in Payables	40.41M	99.69M	1.02M	9.49M	12.9M	-20M	-9.67M	21.61M	-18.58M	28.34M
Cash from Investing+	-222.71M	-47.43M	-184.88M	-97.79M	-167.22M	-71.85M	-471.27M	-85.55M	-64.39M	-73.41M
Capital Expenditures	-34.11M	-44.05M	-38.55M	-52.35M	-11.49M	-29.69M	-11.66M	-12.29M	-4.68M	-7.44M
CapEx % of Revenue	0.05%	0.06%	0.05%	0.06%	0.01%	0.03%	0.01%	0.01%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-16M	-26.36M	-27.88M	-500K	-46.37M	-42.16M	-40.49M	-58.77M	-59.69M	-65.97M
Cash from Financing+	110.39M	-104.55M	278.64M	-291.91M	111.21M	-10.68M	264.11M	-25.69M	-142.97M	-139.35M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-22.51M	-22.81M	-23.07M	-23.31M	-23.61M	-5.96M	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	5.07M	80.64M	206.33M	-217.02M	55.32M	35.34M	-56.7M	74.05M	-42.74M	-11.55M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	80.23M	109.58M	137.74M	149.04M	124.11M	76.11M	161.51M	132.83M	135.51M	288.52M
FCF Margin %	0.13%	0.15%	0.17%	0.18%	0.14%	0.08%	0.17%	0.13%	0.12%	0.25%
FCF Growth %	0%	0.37%	0.26%	0.08%	-0.17%	-0.39%	1.12%	-0.18%	0.02%	1.13%
FCF per Share	1.73	2.32	2.88	3.10	2.57	1.56	3.35	2.58	2.52	5.71
FCF Conversion (FCF/Net Income)	4.46x	3.70x	2.67x	4.49x	15.32x	19.17x	37.50x	-4.49x	109.69x	-1.05x
Interest Paid	7.21M	9.61M	10.61M	15.26M	19.93M	15.72M	16.39M	33.37M	38.05M	51.88M
Taxes Paid	4.79M	1.34M	5.61M	-7.14M	383K	3.56M	10.07M	9.67M	35.62M	60.67M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	12.94%	18.12%	23.78%	13.18%	3.09%	1.88%	1%	-6.22%	0.23%	-59.57%
Return on Invested Capital (ROIC)	6.64%	8.7%	7.94%	6.17%	2.46%	2.99%	1.43%	-1.3%	2.08%	-14.56%
Gross Margin	52.25%	53.7%	54.11%	55.12%	53.66%	53.22%	52.23%	52.24%	54.64%	55.32%
Net Margin	4.02%	5.68%	8.36%	5.28%	1.32%	0.84%	0.61%	-4.29%	0.16%	-24.51%
Debt / Equity	1.94x	1.38x	1.43x	1.04x	1.42x	1.29x	1.41x	1.21x	1.02x	7.81x
Interest Coverage	5.79x	6.45x	5.64x	3.74x	1.32x	2.15x	1.38x	-0.80x	1.12x	-4.86x
FCF Conversion	4.46x	3.70x	2.67x	4.49x	15.32x	19.17x	37.50x	-4.49x	109.69x	-1.05x
Revenue Growth	13.03%	14.56%	7.87%	7.65%	6.11%	1.42%	1.59%	14.05%	4.47%	4.53%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Contractual Recurring	-	-	-	-	-	-	601.4M	709.1M	738.35M	775.08M
Contractual Recurring Growth	-	-	-	-	-	-	-	17.91%	4.13%	4.97%
Transactional Recurring	-	-	-	-	-	-	279.45M	302.64M	333.17M	354.04M
Transactional Recurring Growth	-	-	-	-	-	-	-	8.30%	10.09%	6.26%
Recurring	-	-	-	762.18M	831.61M	850.75M	-	-	-	-
Recurring Growth	-	-	-	-	9.11%	2.30%	-	-	-	-
Technology Service	-	-	-	86.42M	68.81M	62.47M	-	-	-	-
Technology Service Growth	-	-	-	-	-20.38%	-9.21%	-	-	-	-
General Markets Group	-	-	406.95M	-	-	-	-	-	-	-
General Markets Group Growth	-	-	-	-	-	-	-	-	-	-
Enterprise Markets Group	-	-	330.93M	-	-	-	-	-	-	-
Enterprise Markets Group Growth	-	-	-	-	-	-	-	-	-	-
International Markets Group	-	-	48.43M	-	-	-	-	-	-	-
International Markets Group Growth	-	-	-	-	-	-	-	-	-	-
Others	2.11M	1.99M	1.99M	-	-	-	-	-	-	-
Others Growth	-	-5.78%	0.20%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	570.52M	660.34M	706.8M	727.37M	775.31M	772.19M	777.33M	896.12M	945.58M	988.54M
UNITED STATES Growth	-	15.74%	7.04%	2.91%	6.59%	-0.40%	0.67%	15.28%	5.52%	4.54%
Non-US	-	-	81.51M	121.24M	125.11M	56.91M	60.72M	60.96M	59.02M	62.93M
Non-US Growth	-	-	-	48.75%	3.20%	-54.51%	6.69%	0.40%	-3.19%	6.63%
Total Foreign Revenues	67.42M	70.48M	-	-	-	-	-	-	-	-
Total Foreign Revenues Growth	-	4.53%	-	-	-	-	-	-	-	-
CANADA	25.96M	-	-	-	-	-	-	-	-	-
CANADA Growth	-	-	-	-	-	-	-	-	-	-
Europe	23.97M	-	-	-	-	-	-	-	-	-
Europe Growth	-	-	-	-	-	-	-	-	-	-
AUSTRALIA	17.49M	-	-	-	-	-	-	-	-	-
AUSTRALIA Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Blackbaud, Inc. (BLKB) reported $1.14B in revenue for fiscal year 2024. This represents a 206% increase from $370.9M in 2011.

Blackbaud, Inc. (BLKB) grew revenue by 4.5% over the past year. Growth has been modest.

Blackbaud, Inc. (BLKB) reported a net loss of $252.4M for fiscal year 2024.

Dividend & Returns

Blackbaud, Inc. (BLKB) has a return on equity (ROE) of -59.6%. Negative ROE indicates the company is unprofitable.

Blackbaud, Inc. (BLKB) generated $261.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Blackbaud, Inc. (BLKB) 10-Year Financial Performance & Capital Metrics

BLKB • • Industrial / General

TechnologyApplication SoftwareHuman Capital ManagementHR & Payroll Management

Revenue $1.16B +4.5%
EBITDA -$197M -277.0%
Net Income -$283M -15658.9%
EPS (Diluted) -5.60 -16619.2%
Gross Margin 55.32% +1.2%
EBITDA Margin -17.06% -269.3%
Operating Margin -23.41% -678.9%
Net Margin -24.51% -14988.6%
ROE -59.57% -25514.4%
ROIC -14.56% -799.0%
Debt/Equity 7.81 +664.4%
Interest Coverage -4.86 -534.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FCF machine: 25.0% free cash flow margin
✓Share count reduced 5.9% through buybacks

✗Weaknesses

✗High debt to equity ratio of 7.8x
✗Trading more than 30% below 52-week high
✗Expensive at 20.3x book value

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y7.43%

5Y5.11%

3Y7.59%

TTM-1.12%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-576.35%

EPS CAGR

10Y-

5Y-

3Y-

TTM-602.51%

ROCE

10Y Avg2.67%

5Y Avg-2.38%

3Y Avg-5.76%

Latest-18.29%

Peer Comparison

HR & Payroll Management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DAYDayforce Inc	11.08B	69.25	629.55	16.27%	-7.91%	-5.56%	1.55%	0.48
WDAYWorkday, Inc.	41.05B	192.72	98.83	16.35%	6.95%	7.23%	5.33%	0.37
PCTYPaylocity Holding Corporation	7.7B	141.65	35.24	13.74%	13.75%	20.44%	4.45%	0.18
PAYCPaycom Software, Inc.	8.39B	152.78	17.13	11.19%	22.65%	26.51%	4.07%	0.05
LGCLLucas GC Limited Ordinary Shares	5.84M	2.09	0.10	-27.85%	4.63%	44.23%		0.26
ALITAlight, Inc.	831.22M	1.59	-5.48	-31.61%	-94.23%	-107.63%	15.76%	0.50
BLKBBlackbaud, Inc.	2.72B	56.93	-10.17	4.53%	-22.23%	-233.32%	10.6%	7.81
ASURAsure Software, Inc.	280.97M	10.12	-22.49	0.6%	-12.94%	-8.85%		0.09

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	637.94M	730.82M	788.31M	848.61M	900.42M	913.22M	927.74M	1.06B	1.11B	1.16B
Revenue Growth %	0.13%	0.15%	0.08%	0.08%	0.06%	0.01%	0.02%	0.14%	0.04%	0.05%
Cost of Goods Sold+	304.63M	339.22M	361.9M	380.84M	417.22M	427.17M	443.19M	505.39M	501.39M	516.29M
COGS % of Revenue	0.48%	0.46%	0.46%	0.45%	0.46%	0.47%	0.48%	0.48%	0.45%	0.45%
Gross Profit+	333.31M	392.42M	426.58M	467.76M	483.2M	486.05M	484.55M	552.72M	604.04M	639.2M
Gross Margin %	0.52%	0.54%	0.54%	0.55%	0.54%	0.53%	0.52%	0.52%	0.55%	0.55%
Gross Profit Growth %	0.15%	0.18%	0.09%	0.1%	0.03%	0.01%	-0%	0.14%	0.09%	0.06%
Operating Expenses+	286.6M	324.2M	358.4M	408.35M	456.05M	448.81M	459.64M	581.2M	559.34M	909.71M
OpEx % of Revenue	0.45%	0.44%	0.45%	0.48%	0.51%	0.49%	0.5%	0.55%	0.51%	0.79%
Selling, General & Admin	195.83M	229.79M	264.43M	292.7M	337.57M	340.15M	325.46M	359.44M	335.57M	294.72M
SG&A % of Revenue	0.31%	0.31%	0.34%	0.34%	0.37%	0.37%	0.35%	0.34%	0.3%	0.26%
Research & Development	90.28M	98.17M	102.71M	115.41M	126.86M	100.15M	124.57M	159.21M	153.3M	183.19M
R&D % of Revenue	0.14%	0.13%	0.13%	0.14%	0.14%	0.11%	0.13%	0.15%	0.14%	0.16%
Other Operating Expenses	492K	-3.76M	-8.73M	234K	-8.38M	8.52M	9.61M	62.55M	70.47M	431.8M
Operating Income+	46.71M	68.22M	68.18M	59.42M	27.14M	37.24M	24.91M	-28.48M	44.7M	-270.51M
Operating Margin %	0.07%	0.09%	0.09%	0.07%	0.03%	0.04%	0.03%	-0.03%	0.04%	-0.23%
Operating Income Growth %	0.01%	0.46%	-0%	-0.13%	-0.54%	0.37%	-0.33%	-2.14%	2.57%	-7.05%
EBITDA+	97.31M	130.41M	129.33M	122.38M	92.14M	98.28M	76.32M	37.08M	111.39M	-197.14M
EBITDA Margin %	0.15%	0.18%	0.16%	0.14%	0.1%	0.11%	0.08%	0.04%	0.1%	-0.17%
EBITDA Growth %	0.08%	0.34%	-0.01%	-0.05%	-0.25%	0.07%	-0.22%	-0.51%	2%	-2.77%
D&A (Non-Cash Add-back)	50.6M	62.19M	61.15M	62.97M	64.99M	61.03M	51.41M	65.57M	66.69M	73.36M
EBIT	50.61M	69.92M	68.97M	71.41M	34.15M	42.84M	32.28M	33.44M	112.03M	180.35M
Net Interest Income+	-7.92M	-10M	-11.1M	-13.89M	-17.82M	-15.63M	-17.61M	-34.06M	-31.1M	-45.79M
Interest Income	155K	581K	993K	2.01M	2.8M	1.66M	392K	1.75M	8.82M	9.85M
Interest Expense	8.07M	10.58M	12.1M	15.9M	20.62M	17.29M	18M	35.8M	39.92M	55.63M
Other Income/Expense	-9.76M	-10.87M	-9.84M	-14.79M	-16.56M	-15.63M	-17.82M	-27.09M	-27.06M	-41.09M
Pretax Income+	36.95M	50.93M	54.19M	44.62M	10.59M	21.61M	7.08M	-55.58M	17.64M	-311.59M
Pretax Margin %	0.06%	0.07%	0.07%	0.05%	0.01%	0.02%	0.01%	-0.05%	0.02%	-0.27%
Income Tax+	11.3M	9.41M	-11.74M	-219K	-1.32M	13.9M	1.39M	-10.17M	15.82M	-28.42M
Effective Tax Rate %	0.69%	0.82%	1.22%	1%	1.12%	0.36%	0.8%	0.82%	0.1%	0.91%
Net Income+	25.65M	41.52M	65.93M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M
Net Margin %	0.04%	0.06%	0.08%	0.05%	0.01%	0.01%	0.01%	-0.04%	0%	-0.25%
Net Income Growth %	-0.09%	0.62%	0.59%	-0.32%	-0.73%	-0.35%	-0.26%	-8.97%	1.04%	-156.59%
Net Income (Continuing)	25.65M	45.4M	73.63M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.55	0.88	1.38	0.93	0.25	0.16	0.12	-0.88	0.03	-5.60
EPS Growth %	-0.11%	0.6%	0.57%	-0.33%	-0.73%	-0.36%	-0.25%	-8.33%	1.04%	-166.19%
EPS (Basic)	0.56	0.90	1.41	0.95	0.25	0.16	0.12	-0.88	0.03	-5.60
Diluted Shares Outstanding	46.5M	47.32M	47.78M	48.05M	48.31M	48.7M	48.23M	51.57M	53.72M	50.56M
Basic Shares Outstanding	45.62M	46.13M	46.67M	47.21M	47.7M	48.18M	47.41M	51.57M	52.55M	50.56M
Dividend Payout Ratio	0.88%	0.55%	0.35%	0.52%	1.98%	0.77%	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	399.11M	507.92M	794.1M	597.98M	734.54M	819.06M	850.97M	918.64M	929.76M	976.31M
Cash & Short-Term Investments	15.36M	16.9M	29.83M	30.87M	31.81M	35.75M	55.15M	31.69M	31.25M	67.63M
Cash Only	15.36M	16.9M	29.83M	30.87M	31.81M	35.75M	55.15M	31.69M	31.25M	67.63M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	80.05M	88.93M	97.22M	88.35M	89.39M	95.72M	103.7M	103.06M	102.22M	83.54M
Days Sales Outstanding	45.8	44.42	45.01	38	36.24	38.26	40.8	35.55	33.75	26.39
Inventory	255.04M	353.77M	610.34M	418.98M	0	0	0	0	0	0
Days Inventory Outstanding	305.58	380.66	615.57	401.55	-	-	-	-	-	-
Other Current Assets	303.7M	402.08M	610.34M	418.98M	545.49M	609.22M	596.62M	783.89M	796.29M	825.14M
Total Non-Current Assets+	824.74M	802.29M	965.32M	1.02B	1.26B	1.23B	2.11B	2.07B	1.98B	1.52B
Property, Plant & Equipment	52.65M	50.27M	42.24M	40.03M	139.95M	127.85M	165.31M	153.32M	135.62M	118.48M
Fixed Asset Turnover	12.12x	14.54x	18.66x	21.20x	6.43x	7.14x	5.61x	6.90x	8.15x	9.75x
Goodwill	436.45M	438.24M	530.25M	545.21M	634.09M	635.85M	1.08B	1.05B	1.05B	1.05B
Intangible Assets	314.22M	291.26M	368.75M	366.72M	419.2M	389.33M	795.33M	776.16M	742.13M	281.2M
Long-Term Investments	406K	206K	1.14M	2.26M	0	0	7.16M	31.87M	16.2M	9.26M
Other Non-Current Assets	21.42M	22.52M	24.08M	65.36M	65.19M	72.64M	77.27M	94.3M	34.84M	57.96M
Total Assets+	1.22B	1.31B	1.76B	1.62B	1.99B	2.04B	2.97B	2.99B	2.91B	2.5B
Asset Turnover	0.52x	0.56x	0.45x	0.53x	0.45x	0.45x	0.31x	0.35x	0.38x	0.46x
Asset Growth %	0.3%	0.07%	0.34%	-0.08%	0.23%	0.03%	0.45%	0.01%	-0.03%	-0.14%
Total Current Liabilities+	566.3M	680.12M	976M	805.65M	988.84M	1.01B	1.11B	1.23B	1.2B	1.25B
Accounts Payable	19.21M	23.27M	24.69M	34.54M	47.68M	27.84M	22.07M	42.56M	25.18M	50.81M
Days Payables Outstanding	23.01	25.04	24.9	33.1	41.71	23.79	18.17	30.74	18.33	35.92
Short-Term Debt	4.38M	4.38M	8.58M	7.5M	7.5M	12.84M	18.7M	18.8M	25.96M	23.88M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	275.59M	375.95M	611.88M	420.73M	546.01M	608.26M	594.27M	700.86M	753.46M	817.88M
Current Ratio	0.70x	0.75x	0.81x	0.74x	0.74x	0.81x	0.77x	0.75x	0.78x	0.78x
Quick Ratio	0.25x	0.23x	0.19x	0.22x	0.74x	0.81x	0.77x	0.75x	0.78x	0.78x
Cash Conversion Cycle	328.36	400.03	635.67	406.45	-	-	-	-	-	-
Total Non-Current Liabilities+	446.97M	382.55M	476.52M	435.87M	607.36M	605.18M	1.14B	1.02B	906.44M	1.1B
Long-Term Debt	404.23M	338.02M	429.65M	379.62M	459.6M	518.19M	937.48M	840.24M	760.4M	1.05B
Capital Lease Obligations	-517K	0	0	0	95.62M	17.36M	53.39M	44.92M	40.09M	34.19M
Deferred Tax Liabilities	28M	29.56M	37.6M	44.29M	44.59M	54.09M	142.21M	125.76M	93.29M	9.52M
Other Non-Current Liabilities	7.11M	8.53M	5.63M	9.39M	5.74M	10.87M	1.34M	4.29M	10.26M	4.8M
Total Liabilities	1.01B	1.06B	1.45B	1.24B	1.6B	1.62B	2.25B	2.25B	2.1B	2.35B
Total Debt+	408.6M	342.39M	438.22M	387.12M	562.72M	548.39M	1.01B	903.96M	826.45M	1.11B
Net Debt	393.24M	325.49M	408.39M	356.26M	530.91M	512.64M	954.42M	872.27M	795.2M	1.04B
Debt / Equity	1.94x	1.38x	1.43x	1.04x	1.42x	1.29x	1.41x	1.21x	1.02x	7.81x
Debt / EBITDA	4.20x	2.63x	3.39x	3.16x	6.11x	5.58x	13.23x	24.38x	7.42x	-
Net Debt / EBITDA	4.04x	2.50x	3.16x	2.91x	5.76x	5.22x	12.51x	23.52x	7.14x	-
Interest Coverage	5.79x	6.45x	5.64x	3.74x	1.32x	2.15x	1.38x	-0.80x	1.12x	-4.86x
Total Equity+	210.59M	247.54M	306.9M	373.78M	396.76M	426.15M	717.06M	744.03M	808.71M	141.99M
Equity Growth %	0.13%	0.18%	0.24%	0.22%	0.06%	0.07%	0.68%	0.04%	0.09%	-0.82%
Book Value per Share	4.53	5.23	6.42	7.78	8.21	8.75	14.87	14.43	15.05	2.81
Total Shareholders' Equity	210.59M	247.54M	306.9M	373.78M	396.76M	426.15M	717.06M	744.03M	808.71M	141.99M
Common Stock	57K	58K	59K	59K	60K	61K	66K	68K	69K	71K
Retained Earnings	134.88M	152.73M	195.65M	246.48M	234.85M	236.71M	242.46M	197.05M	198.87M	-84.3M
Treasury Stock	-199.86M	-215.24M	-239.2M	-266.88M	-290.67M	-353.09M	-500.91M	-537.29M	-591.56M	-1.06B
Accumulated OCI	-825K	-457K	-649K	-5.11M	-5.29M	-2.5M	6.52M	8.94M	-1.69M	-4.87M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	114.34M	153.63M	176.29M	201.38M	182.48M	147.96M	213.66M	203.89M	199.63M	295.97M
Operating CF Margin %	0.18%	0.21%	0.22%	0.24%	0.2%	0.16%	0.23%	0.19%	0.18%	0.26%
Operating CF Growth %	0.12%	0.34%	0.15%	0.14%	-0.09%	-0.19%	0.44%	-0.05%	-0.02%	0.48%
Net Income	25.65M	41.52M	65.93M	44.84M	11.91M	7.72M	5.7M	-45.41M	1.82M	-283.17M
Depreciation & Amortization	56M	70.49M	73.95M	79.57M	85.69M	92.73M	82.41M	102.37M	109.49M	121.67M
Stock-Based Compensation	25.25M	32.64M	40.63M	48.27M	58.63M	87.26M	120.38M	110.29M	127.76M	104.97M
Deferred Taxes	3.17M	3.03M	-14.33M	-619K	-3.6M	8.84M	-2.43M	-26.64M	-24.37M	-85.01M
Other Non-Cash Items	4.28M	3.82M	13.03M	5.73M	14.38M	16.97M	23.51M	14.11M	11.3M	416.98M
Working Capital Changes	7K	2.13M	-2.92M	23.59M	15.46M	-65.56M	-15.91M	49.17M	-26.36M	20.54M
Change in Receivables	-7.59M	-13.2M	-15.75M	2.17M	-6.57M	-18.41M	-6.53M	-7.34M	-3.24M	4.73M
Change in Inventory	-11.14M	-3.23M	-11.12M	-7.24M	0	0	0	0	0	0
Change in Payables	40.41M	99.69M	1.02M	9.49M	12.9M	-20M	-9.67M	21.61M	-18.58M	28.34M
Cash from Investing+	-222.71M	-47.43M	-184.88M	-97.79M	-167.22M	-71.85M	-471.27M	-85.55M	-64.39M	-73.41M
Capital Expenditures	-34.11M	-44.05M	-38.55M	-52.35M	-11.49M	-29.69M	-11.66M	-12.29M	-4.68M	-7.44M
CapEx % of Revenue	0.05%	0.06%	0.05%	0.06%	0.01%	0.03%	0.01%	0.01%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-16M	-26.36M	-27.88M	-500K	-46.37M	-42.16M	-40.49M	-58.77M	-59.69M	-65.97M
Cash from Financing+	110.39M	-104.55M	278.64M	-291.91M	111.21M	-10.68M	264.11M	-25.69M	-142.97M	-139.35M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-22.51M	-22.81M	-23.07M	-23.31M	-23.61M	-5.96M	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	5.07M	80.64M	206.33M	-217.02M	55.32M	35.34M	-56.7M	74.05M	-42.74M	-11.55M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	80.23M	109.58M	137.74M	149.04M	124.11M	76.11M	161.51M	132.83M	135.51M	288.52M
FCF Margin %	0.13%	0.15%	0.17%	0.18%	0.14%	0.08%	0.17%	0.13%	0.12%	0.25%
FCF Growth %	0%	0.37%	0.26%	0.08%	-0.17%	-0.39%	1.12%	-0.18%	0.02%	1.13%
FCF per Share	1.73	2.32	2.88	3.10	2.57	1.56	3.35	2.58	2.52	5.71
FCF Conversion (FCF/Net Income)	4.46x	3.70x	2.67x	4.49x	15.32x	19.17x	37.50x	-4.49x	109.69x	-1.05x
Interest Paid	7.21M	9.61M	10.61M	15.26M	19.93M	15.72M	16.39M	33.37M	38.05M	51.88M
Taxes Paid	4.79M	1.34M	5.61M	-7.14M	383K	3.56M	10.07M	9.67M	35.62M	60.67M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	12.94%	18.12%	23.78%	13.18%	3.09%	1.88%	1%	-6.22%	0.23%	-59.57%
Return on Invested Capital (ROIC)	6.64%	8.7%	7.94%	6.17%	2.46%	2.99%	1.43%	-1.3%	2.08%	-14.56%
Gross Margin	52.25%	53.7%	54.11%	55.12%	53.66%	53.22%	52.23%	52.24%	54.64%	55.32%
Net Margin	4.02%	5.68%	8.36%	5.28%	1.32%	0.84%	0.61%	-4.29%	0.16%	-24.51%
Debt / Equity	1.94x	1.38x	1.43x	1.04x	1.42x	1.29x	1.41x	1.21x	1.02x	7.81x
Interest Coverage	5.79x	6.45x	5.64x	3.74x	1.32x	2.15x	1.38x	-0.80x	1.12x	-4.86x
FCF Conversion	4.46x	3.70x	2.67x	4.49x	15.32x	19.17x	37.50x	-4.49x	109.69x	-1.05x
Revenue Growth	13.03%	14.56%	7.87%	7.65%	6.11%	1.42%	1.59%	14.05%	4.47%	4.53%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Contractual Recurring	-	-	-	-	-	-	601.4M	709.1M	738.35M	775.08M
Contractual Recurring Growth	-	-	-	-	-	-	-	17.91%	4.13%	4.97%
Transactional Recurring	-	-	-	-	-	-	279.45M	302.64M	333.17M	354.04M
Transactional Recurring Growth	-	-	-	-	-	-	-	8.30%	10.09%	6.26%
Recurring	-	-	-	762.18M	831.61M	850.75M	-	-	-	-
Recurring Growth	-	-	-	-	9.11%	2.30%	-	-	-	-
Technology Service	-	-	-	86.42M	68.81M	62.47M	-	-	-	-
Technology Service Growth	-	-	-	-	-20.38%	-9.21%	-	-	-	-
General Markets Group	-	-	406.95M	-	-	-	-	-	-	-
General Markets Group Growth	-	-	-	-	-	-	-	-	-	-
Enterprise Markets Group	-	-	330.93M	-	-	-	-	-	-	-
Enterprise Markets Group Growth	-	-	-	-	-	-	-	-	-	-
International Markets Group	-	-	48.43M	-	-	-	-	-	-	-
International Markets Group Growth	-	-	-	-	-	-	-	-	-	-
Others	2.11M	1.99M	1.99M	-	-	-	-	-	-	-
Others Growth	-	-5.78%	0.20%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	570.52M	660.34M	706.8M	727.37M	775.31M	772.19M	777.33M	896.12M	945.58M	988.54M
UNITED STATES Growth	-	15.74%	7.04%	2.91%	6.59%	-0.40%	0.67%	15.28%	5.52%	4.54%
Non-US	-	-	81.51M	121.24M	125.11M	56.91M	60.72M	60.96M	59.02M	62.93M
Non-US Growth	-	-	-	48.75%	3.20%	-54.51%	6.69%	0.40%	-3.19%	6.63%
Total Foreign Revenues	67.42M	70.48M	-	-	-	-	-	-	-	-
Total Foreign Revenues Growth	-	4.53%	-	-	-	-	-	-	-	-
CANADA	25.96M	-	-	-	-	-	-	-	-	-
CANADA Growth	-	-	-	-	-	-	-	-	-	-
Europe	23.97M	-	-	-	-	-	-	-	-	-
Europe Growth	-	-	-	-	-	-	-	-	-	-
AUSTRALIA	17.49M	-	-	-	-	-	-	-	-	-
AUSTRALIA Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Blackbaud, Inc. (BLKB) reported $1.14B in revenue for fiscal year 2024. This represents a 206% increase from $370.9M in 2011.

Blackbaud, Inc. (BLKB) grew revenue by 4.5% over the past year. Growth has been modest.

Blackbaud, Inc. (BLKB) reported a net loss of $252.4M for fiscal year 2024.

Dividend & Returns

Blackbaud, Inc. (BLKB) has a return on equity (ROE) of -59.6%. Negative ROE indicates the company is unprofitable.

Blackbaud, Inc. (BLKB) generated $261.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.