BlackLine is a holding company. Through its subsidiary, BlackLine Systems, Inc., Co. provides a cloud-based solution designed to automate and streamline accounting and finance operations. Co.'s cloud-based products include Account Reconciliations, Cash Application, Compliance, Consolidation Integrity Manager, Intercompany Hub, Journal Entry, Task Management, Transaction Matching, and Variance Analysis. These products are provided to customers as solutions that support accounting processes, such as the financial close, account reconciliations, cash application, intercompany accounting, and compliance. The BL stock yearly return is shown above.
The yearly return on the BL stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the BL annual return calculation with any dividends reinvested as applicable (on ex-dates).
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