Earnings Summary

Block Inc’s revenue jumped 11.21% since last year same period to $6155.56Mn in the Q2 2024. On a quarterly growth basis, Block Inc has generated 3.33% jump in its revenue since last 3-months.

Block Inc’s net profit jumped 259.39% since last year same period to $195.27Mn in the Q2 2024. On a quarterly growth basis, Block Inc has generated -58.63% fall in its net profits since last 3-months.

Block Inc’s net profit margin jumped 243.32% since last year same period to 3.17% in the Q2 2024. On a quarterly growth basis, Block Inc has generated -59.96% fall in its net profit margins since last 3-months.

Block Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 59.33.

Block Inc’s earning per share (EPS) estimates for the current year stand at 0.72.

Block Inc’s earning per share (EPS) jumped 138.46% since last year same period to 0.93 in the Q2 2024. This indicates that the Block Inc has generated 138.46% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Block Inc’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Block Inc’s return on equity (ROE) stands at 0.04.