BLKB (Blackbaud) EV-to-EBITDA: 8.35 (As of Jul. 18, 2026) — 73% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BLKB Blackbaud Inc BLKB
53 GF Score
Price $32.40
GF Value $84.96
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Blackbaud EV-to-EBITDA?

Blackbaud BLKB -1.97% 53 EV-to-EBITDA is 8.35 as of Jul. 18, 2026, which is 73% below its 10-year median of 31.18. GuruFocus rates BLKB with a GF Score™ of 53/100 and a GF Value™ of $84.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,950 Software companies, Blackbaud ranks better than 59.79% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Blackbaud's enterprise value is $2,640 Mil. Blackbaud's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $316 Mil. Therefore, Blackbaud's EV-to-EBITDA for today is 8.35.

The historical rank and industry rank for Blackbaud's EV-to-EBITDA or its related term are showing as below:

BLKB' s EV-to-EBITDA Range Over the Past 10 Years
Min: -36.21   Med: 31.18   Max: 60.87
Current: 8.35

During the past 13 years, the highest EV-to-EBITDA of Blackbaud was 60.87. The lowest was -36.21. And the median was 31.18.

BLKB's EV-to-EBITDA is ranked better than
59.79% of 1950 companies
in the Software industry
Industry Median: 10.49 vs BLKB: 8.35

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-18), Blackbaud's stock price is $32.40. Blackbaud's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.950. Therefore, Blackbaud's PE Ratio (TTM) for today is 10.98.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Blackbaud  (NAS:BLKB) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Blackbaud's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.40/2.950
=10.98

Blackbaud's share price for today is $32.40.
Blackbaud's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.950.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Blackbaud EV-to-EBITDA Related Terms


Blackbaud EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Blackbaud's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackbaud EV-to-EBITDA Chart

Blackbaud Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.07 48.38 32.23 -34.67 14.11

Blackbaud Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.34 -31.60 -31.66 14.11 9.30

BLKB vs APPS, WLTH, VIA: EV-to-EBITDA Comparison

For the Software - Application subindustry, Blackbaud's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackbaud EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Blackbaud's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Blackbaud's EV-to-EBITDA falls into.


BLKB
53GF Score
Blackbaud Inc BLKB
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackbaud EV-to-EBITDA Calculation

Blackbaud's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2640.446/316.255
=8.35

Blackbaud's current Enterprise Value is $2,640 Mil.
Blackbaud's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $316 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.35 mean?
Blackbaud (BLKB) has a EV-to-EBITDA of 8.35 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Blackbaud. This is 73% below median its historical median of 31.18. According to the industry distribution chart, Blackbaud ranks #784 out of 1950 companies in the Software industry, placing it in the top 40.2%.
Is Blackbaud's EV-to-EBITDA too high?
Blackbaud's current EV-to-EBITDA of 8.35 is 73% below median its 10-year median of 31.18. The Software industry median EV-to-EBITDA is 10.49. Blackbaud's value of 8.35 is 20.4% below this industry median. Based on the distribution chart, Blackbaud ranks #784 out of 1950 companies in the Software industry, which is above the industry midpoint. Overall, Blackbaud has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blackbaud's EV-to-EBITDA compare to APPS and WLTH?
According to the Software industry distribution chart, Blackbaud ranks #784 out of 1950 companies for EV-to-EBITDA. This puts Blackbaud in the upper half of its industry. The industry median EV-to-EBITDA is 10.49. Blackbaud's value of 8.35 is 20.4% below this benchmark. While the company's 10-year median is 31.18 vs. the industry median of 10.49, Blackbaud has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.49, based on 1,950 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackbaud's current EV-to-EBITDA of 8.35 is 20.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Blackbaud. For the Software industry, the median EV-to-EBITDA is 10.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackbaud's current EV-to-EBITDA is 8.35, which is 73% below median its own 10-year median of 31.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackbaud stock overvalued right now?
Based on GuruFocus' analysis, Blackbaud (BLKB) is currently considered Possible Value Trap. The stock's GF Value™ is $84.96, compared to a current price of $32.40 — trading 61.9% below its estimated fair value. The current EV-to-EBITDA is 8.35, which is 73% below median its 10-year median of 31.18 and 20.4% below the Software industry median of 10.49. Blackbaud's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Blackbaud (BLKB), the current EV-to-EBITDA is 8.35 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blackbaud (BLKB) Overvalued in 2026?

Based on GuruFocus' analysis, Blackbaud stock appears to be undervalued. The current stock price of $32.40 is trading 61.9% below its estimated GF Value™ of $84.96. GuruFocus considers Blackbaud to be Possible Value Trap.

Key valuation signals for BLKB:

  • EV-to-EBITDA: 8.35 (73% below median its 10-year median of 31.18)
  • GF Value™: $84.96 vs. price of $32.40 (61.9% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 20.4% below the Software median (#784 of 1950)

No single metric tells the full story. See the BLKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackbaud Business Description

Address 65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside core fundraising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.
53GF Score

Get the complete analysis for BLKB

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.40
Price
$84.96
GF Value