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BLNKBlink Charging Co.
$0.59$70M
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  4. Financial Ratios

Blink Charging Co. (BLNK) Financial Ratios

Latest Ratios: P/E Ratio -0.8x · EV/EBITDA N/A · ROE -91.0%. (2007–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BLNK Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$70M$73M$140M$215M$515M$1.1B$1.3B$49M$36M$14M$11M
Enterprise Value$39M$41M$109M$111M$484M$938M$1.3B$45M$18M$18M$12M
P/E Ratio →-0.78——————————
P/S Ratio0.680.711.141.548.4654.08206.8617.8313.615.803.70
P/B Ratio1.001.131.180.741.975.2047.286.562.21——
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

BLNK EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.400.890.797.9545.68203.5216.416.847.664.17
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

BLNK Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin24.4%24.4%29.8%28.4%23.8%11.9%24.1%13.5%31.7%38.9%6.0%
Operating Margin-72.4%-72.4%-59.6%-75.2%-147.7%-271.0%-286.9%-382.6%-444.6%-312.0%-241.0%
Net Profit Margin-80.8%-80.8%-163.7%-145.4%-150.5%-268.3%-287.4%-352.5%-131.0%-3167.3%-257.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-91.0%-91.0%-98.7%-74.0%-38.6%-45.7%-103.2%-82.0%-21.3%——
ROA-45.6%-45.6%-62.3%-51.5%-30.8%-41.5%-77.7%-57.4%-28.1%-3278.2%-275.7%
ROIC-92.9%-92.9%-40.2%-38.0%-49.7%-175.8%-269.0%-798.3%———
ROCE-61.5%-61.5%-28.3%-31.4%-34.0%-45.7%-100.6%-87.3%-70.8%——

BLNK Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.120.120.090.060.020.010.060.040.05——
Debt / EBITDA———————————
Net Debt / Equity—-0.49-0.26-0.36-0.12-0.81-0.77-0.52-1.10——
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage-10668.43-10668.43-464.57-56.02-58.68———-1.60-22.32-5.32

Net cash position: cash ($40M) exceeds total debt ($8M)

BLNK Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio1.411.412.383.181.9711.864.192.333.970.020.03
Quick Ratio1.181.181.742.491.2811.233.891.833.740.010.01
Cash Ratio0.620.620.941.750.7310.773.641.633.510.010.00
Asset Turnover—0.700.560.330.170.090.180.230.120.891.57
Inventory Turnover5.515.512.262.091.331.752.601.101.445.887.13
Days Sales Outstanding—104.44128.21118.38141.46112.7720.4627.5723.5034.9615.65

BLNK Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.5%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.5%
Shares Outstanding—$109M$101M$63M$47M$42M$30M$26M$21M$3M$2M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and capital intensity

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Reflects Distressed Outlook

According to recent market data, BLNK trades at a P/S multiple of 0.70, which, when compared to historical levels, suggests that investors have significantly discounted the company's growth prospects amid persistent operating losses and a contraction in the overall scale of the business's revenue-generating asset base.

The current valuation appears to reflect a market consensus that the company's hardware-heavy business model is struggling to achieve the necessary scale to justify a premium tech-sector multiple. Investors should monitor whether this low valuation represents a value opportunity or a structural recognition of the company's inability to convert its charging network into a self-sustaining, high-margin software business.

Capital Efficiency Remains Fundamentally Impaired

Based on reported figures, the company's ROIC has remained deeply negative, reaching -31.4% in 2026Q1, which indicates that the capital deployed into the charging network is currently failing to generate returns that exceed the cost of capital, thereby eroding shareholder value rather than compounding it over time.

The persistent decay in return on invested capital suggests that the owner-operator model is not yet achieving the utilization rates required to offset the high fixed costs of physical infrastructure. This trend warrants further investigation into whether the company's capital allocation strategy can pivot toward more efficient, asset-light revenue streams before the current capital base is further depleted.

Working Capital Cycles Indicate Operational Friction

As reported in financial statements, the company's cash conversion cycle has fluctuated significantly, reaching 21 days in 2026Q1, which, when compared to the 251-day cycle observed in 2025Q1, suggests high volatility in inventory management and a potential reliance on extended payment terms to manage liquidity constraints.

The erratic nature of the cash conversion cycle implies that the company faces challenges in balancing its hardware procurement with the timing of site installations and customer payments. This lack of consistency in working capital efficiency may indicate that the company lacks the bargaining power to optimize its supply chain effectively against larger, more established industry competitors.

Liquidity Buffer Facing Structural Erosion

According to recent SEC filings, the current ratio has compressed to 1.23 in 2026Q1 from a peak of 3.18 in 2023Q4, signaling that the company's ability to cover short-term obligations is narrowing rapidly as cash reserves are consumed by ongoing operating losses and capital-intensive network maintenance requirements.

The decline in the quick ratio suggests that the company's liquidity position is increasingly dependent on the liquidation of inventory, which may be difficult to convert to cash in a slowing EV infrastructure market. Investors should monitor the company's ability to secure additional financing, as the current liquidity buffer appears insufficient to support long-term operations without further dilution.

Misapplication of Network-Based Valuation Metrics

The most commonly misapplied metric for this business model is the 'number of ports deployed,' which obscures the reality that not all ports are equally profitable, and many may actually be net-negative contributors to cash flow due to high maintenance costs and low utilization rates.

Analysts should instead focus on 'revenue per port' or 'utilization-adjusted margins' to better understand the true earning power of the network. Relying on port counts as a proxy for growth ignores the commoditization risk of hardware and the significant capital intensity required to maintain a physical network that is not yet generating positive free cash flow.

Download Financial Ratios Data

Includes 30+ ratios · 19 years · Updated daily

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BLNK — Frequently Asked Questions

Quick answers to the most common questions about buying BLNK stock.

What is Blink Charging Co.'s P/E ratio?

Blink Charging Co.'s current P/E ratio is -0.8x. This places it at the 50th percentile of its historical range.

What is Blink Charging Co.'s ROE?

Blink Charging Co.'s return on equity (ROE) is -91.0%. The historical average is -123.3%.

Is BLNK stock overvalued?

Based on historical data, Blink Charging Co. is trading at a P/E of -0.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Blink Charging Co.'s profit margins?

Blink Charging Co. has 24.4% gross margin and -72.4% operating margin.