Backblaze Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 5, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	234	305	285	201	512	-
Market Cap Growth	-27.08%	6.84%	42.22%	-60.81%	-	-
Enterprise Value	250	333	306	167	550	-
Last Close Price	4.20	6.02	7.59	6.15	16.89	-
PS Ratio	1.59	2.39	2.80	2.36	7.59	-
PB Ratio	2.92	3.93	6.35	2.92	5.36	-
P/TBV Ratio	5.70	8.51	22.98	3.86	5.83	-
P/FCF Ratio	21.05	28.25	-	-	-	-
P/OCF Ratio	14.33	24.38	-	-	145.46	-
EV/Sales Ratio	1.76	2.61	3.00	1.97	8.14	-
EV/FCF Ratio	22.28	30.89	-	-	-	-
Debt / Equity Ratio	0.77	0.60	1.04	0.68	0.35	-7.76
Debt / EBITDA Ratio	21.77	-	-	-	-	3.65
Debt / FCF Ratio	5.72	4.29	-	-	-	2.94
Asset Turnover	0.87	0.85	0.72	0.54	0.62	1.16
Quick Ratio	0.96	1.02	0.59	1.22	2.37	0.20
Current Ratio	1.10	1.10	0.68	1.32	2.47	0.25
Return on Equity (ROE)	-55.03%	-79.20%	-105.05%	-62.59%	-47.48%	-
Return on Assets (ROA)	-10.63%	-17.25%	-23.78%	-19.03%	-10.77%	-4.21%
Return on Capital Employed (ROCE)	-21.10%	-38.10%	-72.50%	-50.00%	-15.90%	-17.30%
Earnings Yield	-14.66%	-15.92%	-20.92%	-25.61%	-4.24%	-
FCF Yield	4.75%	3.54%	-4.51%	-10.53%	-0.79%	-
Buyback Yield / Dilution	-30.89%	-20.91%	-13.74%	-55.62%	-9.33%	-0.07%

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q