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Side-by-side financial comparison of BLACKLINE, INC. (BL) and CareTrust REIT, Inc. (CTRE). Click either name above to swap in a different company.
BLACKLINE, INC. is the larger business by last-quarter revenue ($183.2M vs $134.9M, roughly 1.4× CareTrust REIT, Inc.). CareTrust REIT, Inc. runs the higher net margin — 82.5% vs 2.7%, a 79.9% gap on every dollar of revenue. On growth, CareTrust REIT, Inc. posted the faster year-over-year revenue change (55.1% vs 8.1%). Over the past eight quarters, CareTrust REIT, Inc.'s revenue compounded faster (46.2% CAGR vs 7.9%).
BlackLine Systems, Inc., is an American enterprise software company that develops cloud-based services designed to automate and manage the entire financial close process as well as consolidation, invoice-to-cash, and intercompany accounting. The Los Angeles–based company has 17 offices worldwide.
CareTrust REIT, Inc.CTREEarnings & Financial Report
Target Healthcare REIT is a British property investment company which invests in healthcare properties and holds a large portfolio of care homes. It is structured as a real estate investment trust (REIT) and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
BL vs CTRE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.2M | $134.9M |
| Net Profit | $4.9M | $111.3M |
| Gross Margin | 75.2% | — |
| Operating Margin | 3.7% | — |
| Net Margin | 2.7% | 82.5% |
| Revenue YoY | 8.1% | 55.1% |
| Net Profit YoY | -91.3% | 113.5% |
| EPS (diluted) | $0.07 | $0.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $183.2M | $134.9M | ||
| Q3 25 | $178.3M | $132.4M | ||
| Q2 25 | $172.0M | $112.5M | ||
| Q1 25 | $166.9M | $96.6M | ||
| Q4 24 | $169.5M | $86.9M | ||
| Q3 24 | $165.9M | $77.4M | ||
| Q2 24 | $160.5M | $68.9M | ||
| Q1 24 | $157.5M | $63.1M |
| Q4 25 | $4.9M | $111.3M | ||
| Q3 25 | $5.3M | $74.9M | ||
| Q2 25 | $8.3M | $68.5M | ||
| Q1 25 | $6.1M | $65.8M | ||
| Q4 24 | $56.4M | $52.1M | ||
| Q3 24 | $17.2M | $33.4M | ||
| Q2 24 | $76.7M | $10.8M | ||
| Q1 24 | $10.8M | $28.7M |
| Q4 25 | 75.2% | — | ||
| Q3 25 | 75.1% | — | ||
| Q2 25 | 75.2% | — | ||
| Q1 25 | 75.5% | — | ||
| Q4 24 | 75.6% | — | ||
| Q3 24 | 75.2% | — | ||
| Q2 24 | 74.9% | — | ||
| Q1 24 | 75.2% | — |
| Q4 25 | 3.7% | — | ||
| Q3 25 | 4.3% | 58.1% | ||
| Q2 25 | 4.4% | 61.3% | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 5.0% | 43.0% | ||
| Q2 24 | 1.4% | 15.1% | ||
| Q1 24 | 1.1% | — |
| Q4 25 | 2.7% | 82.5% | ||
| Q3 25 | 3.0% | 56.6% | ||
| Q2 25 | 4.8% | 60.9% | ||
| Q1 25 | 3.6% | 68.1% | ||
| Q4 24 | 33.3% | 60.0% | ||
| Q3 24 | 10.4% | 43.2% | ||
| Q2 24 | 47.8% | 15.6% | ||
| Q1 24 | 6.9% | 45.6% |
| Q4 25 | $0.07 | $0.52 | ||
| Q3 25 | $0.09 | $0.35 | ||
| Q2 25 | $0.13 | $0.35 | ||
| Q1 25 | $0.10 | $0.35 | ||
| Q4 24 | $0.79 | $0.30 | ||
| Q3 24 | $0.27 | $0.21 | ||
| Q2 24 | $0.22 | $0.07 | ||
| Q1 24 | $0.17 | $0.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $390.0M | $198.0M |
| Total DebtLower is stronger | — | $894.2M |
| Stockholders' EquityBook value | $332.3M | $4.0B |
| Total Assets | $1.8B | $5.1B |
| Debt / EquityLower = less leverage | — | 0.22× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $390.0M | $198.0M | ||
| Q3 25 | $419.9M | $712.5M | ||
| Q2 25 | $459.1M | $306.1M | ||
| Q1 25 | $479.5M | $26.5M | ||
| Q4 24 | $885.9M | $213.8M | ||
| Q3 24 | $725.3M | $377.1M | ||
| Q2 24 | $616.6M | $495.1M | ||
| Q1 24 | $331.4M | $451.2M |
| Q4 25 | — | $894.2M | ||
| Q3 25 | — | $893.8M | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $822.1M | ||
| Q4 24 | — | $396.9M | ||
| Q3 24 | — | $396.7M | ||
| Q2 24 | — | $671.1M | ||
| Q1 24 | — | $595.9M |
| Q4 25 | $332.3M | $4.0B | ||
| Q3 25 | $328.3M | $4.0B | ||
| Q2 25 | $414.0M | $3.3B | ||
| Q1 25 | $417.9M | $2.9B | ||
| Q4 24 | $446.7M | $2.9B | ||
| Q3 24 | $367.9M | $2.4B | ||
| Q2 24 | $325.8M | $1.9B | ||
| Q1 24 | $279.8M | $1.7B |
| Q4 25 | $1.8B | $5.1B | ||
| Q3 25 | $1.7B | $5.1B | ||
| Q2 25 | $1.8B | $4.7B | ||
| Q1 25 | $1.8B | $3.9B | ||
| Q4 24 | $1.8B | $3.4B | ||
| Q3 24 | $1.7B | $2.9B | ||
| Q2 24 | $1.9B | $2.7B | ||
| Q1 24 | $2.1B | $2.3B |
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.35× | ||
| Q1 24 | — | 0.36× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $26.7M | $394.0M |
| Free Cash FlowOCF − Capex | $26.1M | — |
| FCF MarginFCF / Revenue | 14.2% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 5.46× | 3.54× |
| TTM Free Cash FlowTrailing 4 quarters | $161.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $394.0M | ||
| Q3 25 | $63.8M | $100.9M | ||
| Q2 25 | $32.3M | $100.8M | ||
| Q1 25 | $46.7M | $71.4M | ||
| Q4 24 | $43.8M | $244.3M | ||
| Q3 24 | $55.9M | $67.2M | ||
| Q2 24 | $40.7M | $53.0M | ||
| Q1 24 | $50.4M | $48.8M |
| Q4 25 | $26.1M | — | ||
| Q3 25 | $63.3M | — | ||
| Q2 25 | $31.4M | — | ||
| Q1 25 | $40.8M | — | ||
| Q4 24 | $43.0M | — | ||
| Q3 24 | $55.5M | — | ||
| Q2 24 | $40.0M | — | ||
| Q1 24 | $50.1M | — |
| Q4 25 | 14.2% | — | ||
| Q3 25 | 35.5% | — | ||
| Q2 25 | 18.2% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 33.5% | — | ||
| Q2 24 | 24.9% | — | ||
| Q1 24 | 31.8% | — |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 3.6% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 5.46× | 3.54× | ||
| Q3 25 | 12.07× | 1.35× | ||
| Q2 25 | 3.90× | 1.47× | ||
| Q1 25 | 7.72× | 1.08× | ||
| Q4 24 | 0.78× | 4.68× | ||
| Q3 24 | 3.24× | 2.01× | ||
| Q2 24 | 0.53× | 4.92× | ||
| Q1 24 | 4.66× | 1.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
CTRE
Segment breakdown not available.
