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BLACKLINE, INC.（BL）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
BLACKLINE, INC.的季度营收约是STURM RUGER & CO INC的1.2倍（$183.2M vs $151.1M），BLACKLINE, INC.同比增速更快（8.1% vs 3.6%），BLACKLINE, INC.自由现金流更多（$26.1M vs $12.3M），过去两年BLACKLINE, INC.的营收复合增速更高（7.9% vs 5.1%）
BlackLine是一家美国企业级软件公司，总部位于洛杉矶，在全球设有17个办事处，专注于开发云服务，可实现财务结账全流程自动化与管理，同时覆盖财务合并、发票到回款流程及公司间会计核算等业务场景。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
BL vs RGR — 直观对比
营收规模更大
BL
是对方的1.2倍
$151.1M
营收增速更快
BL
高出4.5%
3.6%
自由现金流更多
BL
多$13.7M
$12.3M
两年增速更快
BL
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $151.1M |
| 净利润 | $4.9M | — |
| 毛利率 | 75.2% | 17.8% |
| 营业利润率 | 3.7% | 2.3% |
| 净利率 | 2.7% | — |
| 营收同比 | 8.1% | 3.6% |
| 净利润同比 | -91.3% | — |
| 每股收益（稀释后） | $0.07 | $0.22 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BLRGR
| Q4 25 | $183.2M | $151.1M | ||
| Q3 25 | $178.3M | $126.8M | ||
| Q2 25 | $172.0M | $132.5M | ||
| Q1 25 | $166.9M | $135.7M | ||
| Q4 24 | $169.5M | $145.8M | ||
| Q3 24 | $165.9M | $122.3M | ||
| Q2 24 | $160.5M | $130.8M | ||
| Q1 24 | $157.5M | $136.8M |
净利润BLRGR
| Q4 25 | $4.9M | — | ||
| Q3 25 | $5.3M | $1.6M | ||
| Q2 25 | $8.3M | $-17.2M | ||
| Q1 25 | $6.1M | $7.8M | ||
| Q4 24 | $56.4M | — | ||
| Q3 24 | $17.2M | $4.7M | ||
| Q2 24 | $76.7M | $8.3M | ||
| Q1 24 | $10.8M | $7.1M |
毛利率BLRGR
| Q4 25 | 75.2% | 17.8% | ||
| Q3 25 | 75.1% | 15.1% | ||
| Q2 25 | 75.2% | 3.9% | ||
| Q1 25 | 75.5% | 22.0% | ||
| Q4 24 | 75.6% | 22.8% | ||
| Q3 24 | 75.2% | 18.5% | ||
| Q2 24 | 74.9% | 22.3% | ||
| Q1 24 | 75.2% | 21.5% |
营业利润率BLRGR
| Q4 25 | 3.7% | 2.3% | ||
| Q3 25 | 4.3% | -2.7% | ||
| Q2 25 | 4.4% | -15.6% | ||
| Q1 25 | 2.1% | 6.2% | ||
| Q4 24 | 3.7% | 7.8% | ||
| Q3 24 | 5.0% | 3.1% | ||
| Q2 24 | 1.4% | 6.9% | ||
| Q1 24 | 1.1% | 5.5% |
净利率BLRGR
| Q4 25 | 2.7% | — | ||
| Q3 25 | 3.0% | 1.2% | ||
| Q2 25 | 4.8% | -13.0% | ||
| Q1 25 | 3.6% | 5.7% | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 10.4% | 3.9% | ||
| Q2 24 | 47.8% | 6.3% | ||
| Q1 24 | 6.9% | 5.2% |
每股收益（稀释后）BLRGR
| Q4 25 | $0.07 | $0.22 | ||
| Q3 25 | $0.09 | $0.10 | ||
| Q2 25 | $0.13 | $-1.05 | ||
| Q1 25 | $0.10 | $0.46 | ||
| Q4 24 | $0.79 | $0.62 | ||
| Q3 24 | $0.27 | $0.28 | ||
| Q2 24 | $0.22 | $0.47 | ||
| Q1 24 | $0.17 | $0.40 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $390.0M | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $332.3M | $283.8M |
| 总资产 | $1.8B | $342.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BLRGR
| Q4 25 | $390.0M | $92.5M | ||
| Q3 25 | $419.9M | $80.8M | ||
| Q2 25 | $459.1M | $101.4M | ||
| Q1 25 | $479.5M | $108.3M | ||
| Q4 24 | $885.9M | $105.5M | ||
| Q3 24 | $725.3M | $96.0M | ||
| Q2 24 | $616.6M | $105.6M | ||
| Q1 24 | $331.4M | $115.3M |
股东权益BLRGR
| Q4 25 | $332.3M | $283.8M | ||
| Q3 25 | $328.3M | $279.6M | ||
| Q2 25 | $414.0M | $289.3M | ||
| Q1 25 | $417.9M | $321.5M | ||
| Q4 24 | $446.7M | $319.6M | ||
| Q3 24 | $367.9M | $314.9M | ||
| Q2 24 | $325.8M | $321.5M | ||
| Q1 24 | $279.8M | $332.0M |
总资产BLRGR
| Q4 25 | $1.8B | $342.0M | ||
| Q3 25 | $1.7B | $342.3M | ||
| Q2 25 | $1.8B | $349.5M | ||
| Q1 25 | $1.8B | $379.0M | ||
| Q4 24 | $1.8B | $384.0M | ||
| Q3 24 | $1.7B | $373.5M | ||
| Q2 24 | $1.9B | $376.7M | ||
| Q1 24 | $2.1B | $385.0M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $26.7M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $26.1M | $12.3M |
| 自由现金流率自由现金流/营收 | 14.2% | 8.2% |
| 资本支出强度资本支出/营收 | 0.3% | 2.1% |
| 现金转化率经营现金流/净利润 | 5.46× | — |
| 过去12个月自由现金流最近4个季度 | $161.5M | $38.5M |
8季度趋势，按日历期对齐
经营现金流BLRGR
| Q4 25 | $26.7M | $15.5M | ||
| Q3 25 | $63.8M | $12.9M | ||
| Q2 25 | $32.3M | $14.7M | ||
| Q1 25 | $46.7M | $11.1M | ||
| Q4 24 | $43.8M | $20.0M | ||
| Q3 24 | $55.9M | $9.4M | ||
| Q2 24 | $40.7M | $18.7M | ||
| Q1 24 | $50.4M | $7.3M |
自由现金流BLRGR
| Q4 25 | $26.1M | $12.3M | ||
| Q3 25 | $63.3M | $7.0M | ||
| Q2 25 | $31.4M | $9.1M | ||
| Q1 25 | $40.8M | $10.0M | ||
| Q4 24 | $43.0M | $16.4M | ||
| Q3 24 | $55.5M | $2.6M | ||
| Q2 24 | $40.0M | $10.1M | ||
| Q1 24 | $50.1M | $5.6M |
自由现金流率BLRGR
| Q4 25 | 14.2% | 8.2% | ||
| Q3 25 | 35.5% | 5.5% | ||
| Q2 25 | 18.2% | 6.9% | ||
| Q1 25 | 24.4% | 7.4% | ||
| Q4 24 | 25.4% | 11.2% | ||
| Q3 24 | 33.5% | 2.1% | ||
| Q2 24 | 24.9% | 7.7% | ||
| Q1 24 | 31.8% | 4.1% |
资本支出强度BLRGR
| Q4 25 | 0.3% | 2.1% | ||
| Q3 25 | 0.3% | 4.6% | ||
| Q2 25 | 0.6% | 4.2% | ||
| Q1 25 | 3.6% | 0.8% | ||
| Q4 24 | 0.4% | 2.5% | ||
| Q3 24 | 0.2% | 5.5% | ||
| Q2 24 | 0.4% | 6.6% | ||
| Q1 24 | 0.2% | 1.3% |
现金转化率BLRGR
| Q4 25 | 5.46× | — | ||
| Q3 25 | 12.07× | 8.15× | ||
| Q2 25 | 3.90× | — | ||
| Q1 25 | 7.72× | 1.43× | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 3.24× | 1.98× | ||
| Q2 24 | 0.53× | 2.27× | ||
| Q1 24 | 4.66× | 1.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BL
| Subscription And Circulation | $173.2M | 95% |
| Technology Service | $10.0M | 5% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
