Block (SQ) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
24.1B
Gross Profit
8.9B
36.85%
Operating Income
1.7B
6.99%
Net Income
2.9B
11.88%
Balance Sheet Metrics
Total Assets
36.8B
Total Liabilities
15.5B
Shareholders Equity
21.2B
Debt to Equity
0.73
Cash Flow Metrics
Operating Cash Flow
2.0B
Free Cash Flow
1.6B
Revenue & Profitability Trend
Block Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 24.1B | 21.9B | 17.5B | 17.7B | 9.5B |
| Cost of Goods Sold | 15.2B | 14.4B | 11.5B | 13.2B | 6.8B |
| Gross Profit | 8.9B | 7.5B | 6.0B | 4.4B | 2.7B |
| Operating Expenses | 7.0B | 6.9B | 6.4B | 4.2B | 2.8B |
| Operating Income | 1.7B | 381.8M | -27.3M | 420.2M | 158.9M |
| Pre-tax Income | 1.4B | -29.1M | -565.3M | 157.5M | 216.0M |
| Income Tax | -1.5B | -8.0M | -12.3M | -1.4M | 2.9M |
| Net Income | 2.9B | -21.1M | -553.0M | 158.8M | 213.1M |
| EPS (Diluted) | - | $0.02 | -$0.93 | $0.33 | $0.44 |
Income Statement Trend
Block Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 19.9B | 18.9B | 15.6B | 10.5B | 7.8B |
| Non-Current Assets | 16.9B | 15.2B | 15.7B | 3.4B | 2.1B |
| Total Assets | 36.8B | 34.1B | 31.4B | 13.9B | 9.9B |
| Liabilities | |||||
| Current Liabilities | 8.5B | 9.9B | 8.4B | 5.4B | 4.1B |
| Non-Current Liabilities | 7.0B | 5.5B | 5.7B | 5.2B | 3.1B |
| Total Liabilities | 15.5B | 15.4B | 14.1B | 10.6B | 7.2B |
| Equity | |||||
| Total Shareholders Equity | 21.2B | 18.7B | 17.3B | 3.3B | 2.7B |
Balance Sheet Composition
Block Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 2.9B | -21.1M | -553.0M | 158.8M | 213.1M |
| Operating Cash Flow | 2.0B | 159.2M | 202.8M | 812.2M | -689.8M |
| Investing Activities | |||||
| Capital Expenditures | -153.9M | -151.2M | -170.8M | -134.3M | -138.4M |
| Investing Cash Flow | 650.0M | 683.2M | 1.2B | -1.1B | -556.6M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 1.8B | -387.4M | -464.9M | 1.9B | 3.7B |
| Free Cash Flow | 1.6B | -50.2M | 5.1M | 543.5M | -15.3M |
Cash Flow Trend
Block Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
52.07
Forward P/E
19.15
Price to Book
2.69
Price to Sales
2.26
PEG Ratio
19.15
Profitability Ratios
Profit Margin
4.41%
Operating Margin
5.68%
Return on Equity
5.43%
Return on Assets
1.73%
Financial Health
Current Ratio
2.07
Debt to Equity
37.22
Beta
2.48
Per Share Data
EPS (TTM)
$1.67
Book Value per Share
$32.32
Revenue per Share
$38.71
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| sq | 53.9B | 52.07 | 2.69 | 5.43% | 4.41% | 37.22 |
| Microsoft | 3.6T | 36.91 | 11.04 | 33.61% | 35.79% | 32.63 |
| Oracle | 581.5B | 47.60 | 28.42 | 82.38% | 21.68% | 505.59 |
| Palo Alto Networks | 134.5B | 115.23 | 18.57 | 21.16% | 13.95% | 11.15 |
| CrowdStrike Holdings | 122.6B | 716.55 | 35.50 | -5.74% | -4.17% | 22.50 |
| Fortinet | 76.4B | 41.09 | 39.13 | 205.91% | 30.60% | 54.84 |
Financial data is updated regularly. All figures are in the company's reporting currency.