Blackbaud annual debt-to-equity ratio
2009
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2012
2013
2014
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2019
2020
2021
2022
2023
2024
2025
Blackbaud Debt-to-Equity Ratio Growth & History (BLKB)
Blackbaud's debt-to-equity ratio was 13.12 for fiscal 2025.
View full Blackbaud company overviewBlackbaud annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 13.12 | 4.34 | +49.42% |
| 2024 | 2024-12-31 | 8.78 | 7.76 | +760.43% |
| 2023 | 2023-12-31 | 1.02 | −0.20 | −16.72% |
| 2022 | 2022-12-31 | 1.23 | −0.20 | −13.75% |
| 2021 | 2021-12-31 | 1.42 | 0.11 | +8.55% |
| 2020 | 2020-12-31 | 1.31 | −0.16 | −10.85% |
| 2019 | 2019-12-31 | 1.47 | 0.43 | +41.76% |
| 2018 | 2018-12-31 | 1.04 | −0.27 | −20.52% |
| 2017 | 2017-12-31 | 1.30 | — | — |
| 2014 | 2014-12-31 | 1.51 | 0.56 | +59.44% |
| 2013 | 2013-12-31 | 0.95 | −0.51 | −35.13% |
| 2012 | 2012-12-31 | 1.46 | 1.46 | — |
| 2011 | 2011-12-31 | 0.00 | — | — |
| 2009 | 2009-12-31 | 0.01 | — | — |
Blackbaud quarterly debt-to-equity ratio
Q4.09
Q2.10
Q3.10
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
As of Mar 31, 2016
As of Jun 30, 2016
As of Sep 30, 2016
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 17.27 | 1.25 | +7.77% |
| Q1 2026 | 2026-03-31 | 34.57 | −34.62 | −50.04% |
| Q4 2025 | 2025-12-31 | 13.12 | 4.34 | +49.42% |
| Q3 2025 | 2025-09-30 | 9.90 | 7.99 | +418.28% |
| Q2 2025 | 2025-06-30 | 16.03 | 14.18 | +770.56% |
| Q1 2025 | 2025-03-31 | 69.19 | 67.15 | +3305.35% |
| Q4 2024 | 2024-12-31 | 8.78 | 7.76 | +760.43% |
| Q3 2024 | 2024-09-30 | 1.91 | 0.92 | +93.21% |
| Q2 2024 | 2024-06-30 | 1.84 | 0.66 | +56.17% |
| Q1 2024 | 2024-03-31 | 2.03 | 0.74 | +57.03% |
| Q4 2023 | 2023-12-31 | 1.02 | −0.20 | −16.72% |
| Q3 2023 | 2023-09-30 | 0.99 | −0.25 | −20.25% |
| Q2 2023 | 2023-06-30 | 1.18 | −0.20 | −14.81% |
| Q1 2023 | 2023-03-31 | 1.29 | −0.18 | −12.37% |
| Q4 2022 | 2022-12-31 | 1.23 | −0.20 | −13.75% |
| Q3 2022 | 2022-09-30 | 1.24 | −0.14 | −10.21% |
| Q2 2022 | 2022-06-30 | 1.38 | −0.02 | −1.61% |
| Q1 2022 | 2022-03-31 | 1.48 | 0.10 | +7.09% |
| Q4 2021 | 2021-12-31 | 1.42 | 0.11 | +8.55% |
| Q3 2021 | 2021-09-30 | 1.38 | 0.13 | +10.81% |
| Q2 2021 | 2021-06-30 | 1.41 | −0.04 | −2.75% |
| Q1 2021 | 2021-03-31 | 1.38 | −0.31 | −18.29% |
| Q4 2020 | 2020-12-31 | 1.31 | −0.16 | −10.85% |
| Q3 2020 | 2020-09-30 | 1.25 | −0.39 | −23.65% |
| Q2 2020 | 2020-06-30 | 1.45 | −0.37 | −20.46% |
| Q1 2020 | 2020-03-31 | 1.69 | −0.24 | −12.24% |
| Q4 2019 | 2019-12-31 | 1.47 | 0.43 | +41.76% |
| Q3 2019 | 2019-09-30 | 1.63 | 0.46 | +39.58% |
| Q2 2019 | 2019-06-30 | 1.82 | 0.44 | +31.94% |
| Q1 2019 | 2019-03-31 | 1.92 | 0.57 | +41.71% |
| Q4 2018 | 2018-12-31 | 1.04 | −0.27 | −20.52% |
| Q3 2018 | 2018-09-30 | 1.17 | −0.05 | −4.20% |
| Q2 2018 | 2018-06-30 | 1.38 | −0.10 | −6.84% |
| Q1 2018 | 2018-03-31 | 1.36 | −0.08 | −5.56% |
| Q4 2017 | 2017-12-31 | 1.30 | — | — |
| Q3 2017 | 2017-09-30 | 1.22 | −0.39 | −24.26% |
| Q2 2017 | 2017-06-30 | 1.48 | −0.34 | −18.69% |
| Q1 2017 | 2017-03-31 | 1.44 | −0.54 | −27.49% |
| As of Sep 30, 2016 | 2016-09-30 | 1.61 | 0.43 | +36.01% |
| As of Jun 30, 2016 | 2016-06-30 | 1.82 | 0.50 | +37.94% |
| As of Mar 31, 2016 | 2016-03-31 | 1.98 | 0.46 | +30.26% |
| Q3 2015 | 2015-09-30 | 1.18 | 0.26 | +27.48% |
| Q2 2015 | 2015-06-30 | 1.32 | 0.32 | +32.52% |
| Q1 2015 | 2015-03-31 | 1.52 | 0.47 | +44.46% |
| Q4 2014 | 2014-12-31 | 1.51 | 0.56 | +59.44% |
| Q3 2014 | 2014-09-30 | 0.93 | −0.18 | −16.17% |
| Q2 2014 | 2014-06-30 | 1.00 | −0.28 | −21.92% |
| Q1 2014 | 2014-03-31 | 1.05 | −0.36 | −25.30% |
| Q4 2013 | 2013-12-31 | 0.95 | −0.51 | −35.13% |
| Q3 2013 | 2013-09-30 | 1.11 | −0.55 | −33.18% |
| Q2 2013 | 2013-06-30 | 1.27 | −0.50 | −27.99% |
| Q1 2013 | 2013-03-31 | 1.41 | 1.41 | — |
| Q4 2012 | 2012-12-31 | 1.46 | 1.46 | — |
| Q3 2012 | 2012-09-30 | 1.66 | — | — |
| Q2 2012 | 2012-06-30 | 1.77 | — | — |
| Q1 2012 | 2012-03-31 | 0.00 | — | — |
| Q4 2011 | 2011-12-31 | 0.00 | — | — |
| Q3 2010 | 2010-09-30 | 0.00 | — | — |
| Q2 2010 | 2010-06-30 | 0.04 | — | — |
| Q4 2009 | 2009-12-31 | 0.01 | — | — |
Blackbaud debt-to-equity ratio trends
Over the last five fiscal years, Blackbaud's debt-to-equity ratio increased from 1.31 to 13.12, a change of 11.81. The latest reported quarter, Q2 2026, shows 17.27.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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