BLKB Blackbaud, Inc.
Platform & Compounding FCF
F 30.0 / 100 pillar composite

AlphaQuality composite grade, weighted for platform & compounding fcf businesses.

⚠ 2 of the last 5 fiscal years showed negative net income — AlphaQuality will not grade above F for persistent unprofitability in a platform & compounding fcf business.

Grade overrides the 30.0 pillar composite — hard gates always win.

Profitability

Weight: 25%
C+ 59
  • 5yr Avg ROIC 8.1%
  • Operating Margin Trend +0.77 pp/yr

Capital Efficiency

Weight: 15%
F 22
  • 5yr Avg ROE -48.5%
  • 5yr Share-Count CAGR 0.1%

Growth Quality

Weight: 25%
B+ 78
  • 5yr Revenue CAGR 5.0%
  • 5yr EPS CAGR 110.8%
  • Revenue-Growth Years (5) 4/5

Cash Generation

Weight: 20%
B+ 77
  • 5yr FCF Margin 18.0%
  • 5yr FCF/NI Conversion 35.01x

Balance Sheet

Weight: 10%
C 55
  • Net Debt / EBITDA 1.26x
  • Interest Coverage (EBIT/Int) 2.94x
  • Altman Z-Score 1.20

Stability

Weight: 5%
C- 50
  • EPS Volatility (σ/μ) 1.02
  • Piotroski F-Score 9
  • Negative-Revenue Years (5) 1/5

Guru Flow

Curated superinvestor sentiment — not part of the AlphaQuality grade.
Holding

4 of 4 gurus held; 2 added; 2 trimmed.

Holders
4
Avg Δ position
+28.1%
New buys
0
Full exits
0
As of Q1 2026