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Block Inc
$66.08
After Hours:
$65.90
(0.27%)-0.18
Closed: Aug 30, 8:00:00 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed security
Previous close
$66.42
Day range
$64.75 - $66.97
Year range
$38.85 - $87.52
Market cap
40.68B USD
Avg Volume
7.06M
P/E ratio
51.58
Dividend yield
-
Primary exchange
NYSE
CDP Climate Change Score
C
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
6.16B11.21%
Operating expense
1.93B-3.72%
Net income
195.27M291.36%
Net profit margin
3.17272.28%
Earnings per share
0.93138.46%
EBITDA
383.95M731.89%
Effective tax rate
23.72%
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
8.50B44.79%
Total assets
37.55B20.82%
Total liabilities
18.25B37.18%
Total equity
19.29B
Shares outstanding
615.64M
Price to book
2.13
Return on assets
2.20%
Return on capital
3.16%
Net change in cash
(USD)Jun 2024Y/Y change
Net income
195.27M291.36%
Cash from operations
519.39M358.35%
Cash from investing
-174.97M-288.61%
Cash from financing
1.14B260.26%
Net change in cash
1.49B333.23%
Free cash flow
597.84M728.96%
About
Block, Inc. is a U.S. listed company founded by Jack Dorsey and Jim McKelvey in 2009. It is a financial technology conglomerate. The company reportedly serves 56 million users and 4 million businesses, and processes payments worth US$228 billion annually as of 2023. Block's inaugural product Square, launched in 2009, is a financial services platform for small and medium-sized businesses. Square enables the use of smartphones or tablets as point-of-sale registers for processing credit card payments. It also facilitates operations such as customer appointments, e-Commerce, inventory, payroll, shift schedules, banking, and borrowing business loans. Additionally, Block's portfolio includes Cash App, a consumer-focused service introduced in 2013. This app offers peer-to-peer transactions, direct deposits, a savings account, a debit card, investing in stocks and Bitcoin, a tax filing service, and personal loans. Block also owns Afterpay, a buy now, pay later service; TBD, a decentralized platform targeting Bitcoin and decentralized finance; Bitkey, a self-custody Bitcoin wallet service; and Tidal, a subscription-based music streaming service. Wikipedia
Founded
Feb 2009
Employees
12,985
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