Block, Inc. (XYZ)

Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard. In addition, it offers a developer platform, which includes application programming interfaces and software development kits. Further, the company provides Cash App, which enables to send, spend, and store money; and Weebly that offers customers website hosting and domain name registration solutions. It serves in the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in San Francisco, California.

Symbol
XYZ
Exchange
NYSE
Sector
Technology
Industry
Software - Infrastructure
Market cap
$49.84B
CEO
Jack Dorsey
52 week range
48.21 - 86.92

Valuation

Share price
$83.21
P/E (TTM)
146.26x
Price to book
2.26x
Price to free cash flow
12.84x
Enterprise value
$50.58B
Discounted cash flow
$23.38
Book value per share
$36.82

Price performance

PeriodChange
1 day+1.10%
5 days-1.74%
1 month+1.56%
3 months+19.44%
6 months+32.54%
Year to date+28.08%
1 year+10.00%
3 years+43.32%
5 years-69.09%
10 years+591.87%
All time+537.87%

Profitability and growth

Return on equity
5.89%
Return on invested capital
5.38%
Return on assets
3.30%
Return on capital employed
5.86%
Gross margin
42.82%
Net margin
5.40%
EBITDA margin
8.59%
Revenue growth
0.30%
Net income growth
-54.93%
Free cash flow growth
56.09%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.79%
Current ratio
2.21x
Net debt to EBITDA
0.26x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$24.19B
Cost of revenue
$13.83B
Gross profit
$10.36B
EBITDA
$2.08B
Net income
$1.31B
Earnings per share
$2.13
Research and development
$2.91B
Shares outstanding
612.24M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$24.19B$10.36B$1.31B$2.13
2024-12-31$24.12B$8.89B$2.90B$4.70
2023-12-31$21.92B$7.50B$9.77M$0.02
2022-12-31$17.53B$5.99B$-540.75M$-0.93
2021-12-31$17.66B$4.42B$166.28M$0.36
2020-12-31$9.50B$2.73B$213.10M$0.48
2019-12-31$4.71B$1.89B$375.45M$0.88
2018-12-31$3.21B$1.30B$-38.45M$-0.09
2017-12-31$2.21B$839.31M$-62.81M$-0.17
2016-12-31$1.71B$576.04M$-171.59M$-0.50

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3142.82%5.40%5.89%5.38%
2024-12-3136.85%12.01%13.64%4.23%
2023-12-3134.24%0.04%0.05%-1.37%
2022-12-3134.18%-3.08%-3.13%-3.22%
2021-12-3125.03%0.94%5.02%4.14%
2020-12-3128.78%2.24%7.95%-0.74%
2019-12-3140.09%7.97%21.89%1.36%
2018-12-3140.67%-1.20%-3.43%-2.55%
2017-12-3137.90%-2.84%-7.99%-12.09%
2016-12-3133.71%-10.04%-29.78%-137.33%

Cash and debt by year

Period endCashDebt
2025-12-31$6.56B-
2024-12-31$8.08B-
2023-12-31$5.00B-
2022-12-31$4.54B$4.11B
2021-12-31$4.44B$4.56B
2020-12-31$3.16B$2.59B
2019-12-31$1.05B$938.83M
2018-12-31$583.17M$899.70M
2017-12-31$696.47M$358.57M
2016-12-31$452.03M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$2.42B$1.22B
2024-12-31$1.55B$1.27B
2023-12-31$-50.19M$1.28B
2022-12-31$5.09M$1.07B
2021-12-31$713.51M$608.04M
2020-12-31$34.71M$397.80M
2019-12-31$265.13M$297.86M
2018-12-31$233.88M$216.88M
2017-12-31$101.61M$155.84M
2016-12-31$-2.30M$138.79M

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$0.48
2026-05-07--
2026-02-26--
2025-11-06--
2025-08-07--
2025-05-01--
2025-02-20--
2024-11-07--

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross, operating and net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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Block, Inc. website