Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Block, Inc.

XYZ stock analysis · Financials · Transaction & Payment Processing Services

FY 2025-12-31ANNUAL FILINGSMULTIPLE SHARE CLASSES
Compare ⇄
These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained. Issuer-level values span share classes. Reviewed equivalent shares are used when available; the price panel explains the capital basis.
Reference share price · USD
$76.00HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$45.7B

Reviewed economically equivalent common shares; unlisted/other class priced at the displayed class price (proxy). Shares measured 2026-06-30. Approximate; share and price dates can differ. Balance sheet explicitly says issued and outstanding despite use of CommonStockSharesIssued tags. Both classes have identical liquidation and dividend rights, different votes, per EPS note. The 600763000 total agrees with equity roll-forward.

View share-count filing ↗
Valuation

DCF value

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Reverse DCF

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Relative valuation

-40.0%

8 industry peers · median 21.0×

How this is calculated ↗
Valuation

Historical multiples

Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Quality

ROIC / quality

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

7.5%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Momentum

Fundamental momentum

2.4%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2.6B2020-12-31: cfo $173,110,000.002020-12-31: capex $138,402,000.0020202021-12-31: cfo $847,830,000.002021-12-31: capex $134,320,000.0020212022-12-31: cfo $175,903,000.002022-12-31: capex $170,815,000.0020222023-12-31: cfo $100,961,000.002023-12-31: capex $151,151,000.0020232024-12-31: cfo $1,707,350,000.002024-12-31: capex $153,947,000.0020242025-12-31: cfo $2,579,714,000.002025-12-31: capex $155,038,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%
10.0%
12.0%

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3124.2B1.3B2.6B155M39.5B
2024-12-3124.1B2.9B1.7B153.9M36.8B
2023-12-3121.9B-21.1M101M151.2M33B
2022-12-3117.5B-553M175.9M170.8M31.4B
2021-12-3117.7B158.8M847.8M134.3M15B
2020-12-319.5B213.1M173.1M138.4M9.9B
2019-12-314.7B375.4M327.6M62.5M4.6B
2018-12-313.2B-38.5M295.1M61.2M3.3B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue24.2BRevenues2026-02-26
netIncome1.3BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-26
Parent/common earnings proxy1.3BNetIncomeLossAvailableToCommonStockholdersBasic2026-02-26
cfo2.6BNetCashProvidedByUsedInOperatingActivities2026-02-26
capex155MPaymentsToAcquirePropertyPlantAndEquipment2026-02-26
operatingIncome1.7BOperatingIncomeLoss2026-02-26
assets39.5BAssets2026-02-26
equity22.2BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-26
Parent book equity proxy22.2BStockholdersEquity2026-02-26
debtNot reported under a supported tag
shortDebtNot reported under a supported tag
cash6.6BCashAndCashEquivalentsAtCarryingValue2026-02-26
shares622.8MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-26
dividends0Reviewed manual correction
This issuer explicitly confirms in its annual filing that it has never declared or paid cash dividends on its common/capital stock. Reviewed cash-dividend zero, bounded to fiscal period ending 2025-12-31. The exact statement and source filing are retained in the evidence record. This is explicit filing evidence, not an assumption from an absent cash-flow line. Surrounding source passage reviewed as the registrant’s own common-stock policy, not a subsidiary or predecessor statement.
2026-02-26
buybacks2.3BPaymentsForRepurchaseOfCommonStock2026-02-26
issuanceNot reported under a supported tag