BL vs. MQ
BL (BlackLine, Inc.) and MQ (Marqeta, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 5 years, BL returned -22.99%/yr vs -34.39%/yr for MQ. At a 0.48 correlation, their price movements are largely independent.
Performance
BL vs. MQ - Performance Comparison
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Returns By Period
In the year-to-date period, BL achieves a -48.04% return, which is significantly lower than MQ's -19.37% return.
BL
- 1D
- 2.86%
- 1M
- 13.87%
- YTD
- -48.04%
- 6M
- -51.03%
- 1Y
- -48.48%
- 3Y*
- -19.03%
- 5Y*
- -22.99%
- 10Y*
- —
MQ
- 1D
- 1.32%
- 1M
- -1.29%
- YTD
- -19.37%
- 6M
- -22.47%
- 1Y
- -30.49%
- 3Y*
- -8.87%
- 5Y*
- -34.39%
- 10Y*
- —
BL vs. MQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BL BlackLine, Inc. | -48.04% | -9.00% | -2.69% | -7.18% | -35.03% | 0.53% |
MQ Marqeta, Inc. | -19.37% | 25.33% | -45.70% | 14.24% | -64.41% | -47.17% |
Correlation
The correlation between BL and MQ is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2021 | 0.48 |
Fundamentals
BL:
$2.01B
MQ:
$1.66B
BL:
$0.39
MQ:
$0.00
BL:
72.90
MQ:
797.24
BL:
2.70
MQ:
2.65
BL:
6.56
MQ:
2.24
BL:
$716.65M
MQ:
$651.61M
BL:
$539.92M
MQ:
$456.19M
BL:
$87.84M
MQ:
$24.62M
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Return for Risk
BL vs. MQ — Risk / Return Rank
BL
MQ
BL vs. MQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackLine, Inc. (BL) and Marqeta, Inc. (MQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BL | MQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.55 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.89 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.69 | -0.17 |
| Martin ratioReturn relative to average drawdown | -1.81 | -1.00 | -0.82 |
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Drawdowns
BL vs. MQ - Drawdown Comparison
The maximum BL drawdown since its inception was -83.22%, smaller than the maximum MQ drawdown of -89.71%. Use the drawdown chart below to compare losses from any high point for BL and MQ.
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Drawdown Indicators
| BL | MQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.22% | -89.71% | +6.49% |
Max Drawdown (1Y)Largest decline over 1 year | -57.11% | -44.66% | -12.45% |
Max Drawdown (3Y)Largest decline over 3 years | -63.25% | -53.34% | -9.91% |
Max Drawdown (5Y)Largest decline over 5 years | -80.80% | -89.71% | +8.91% |
Current DrawdownCurrent decline from peak | -80.89% | -88.48% | +7.59% |
Average DrawdownAverage peak-to-trough decline | -35.17% | -75.26% | +40.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.79% | 30.68% | -3.89% |
Volatility
BL vs. MQ - Volatility Comparison
BlackLine, Inc. (BL) has a higher volatility of 19.95% compared to Marqeta, Inc. (MQ) at 15.42%. This indicates that BL's price experiences larger fluctuations and is considered to be riskier than MQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BL | MQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.95% | 15.42% | +4.53% |
Volatility (6M)Calculated over the trailing 6-month period | 41.65% | 29.25% | +12.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.61% | 42.58% | +4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.70% | 64.79% | -20.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.85% | 64.82% | -19.97% |
Dividends
BL vs. MQ - Dividend Comparison
Neither BL nor MQ has paid dividends to shareholders.
Financials
BL vs. MQ - Financials Comparison
This section allows you to compare key financial metrics between BlackLine, Inc. and Marqeta, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BL vs. MQ - Profitability Comparison
BL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported a gross profit of 139.15M and revenue of 183.16M. Therefore, the gross margin over that period was 76.0%.
MQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marqeta, Inc. reported a gross profit of 117.59M and revenue of 165.80M. Therefore, the gross margin over that period was 70.9%.
BL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported an operating income of 6.24M and revenue of 183.16M, resulting in an operating margin of 3.4%.
MQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marqeta, Inc. reported an operating income of 2.09M and revenue of 165.80M, resulting in an operating margin of 1.3%.
BL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported a net income of 8.13M and revenue of 183.16M, resulting in a net margin of 4.4%.
MQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marqeta, Inc. reported a net income of 7.83M and revenue of 165.80M, resulting in a net margin of 4.7%.
Frequently Asked Questions
BL and MQ have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BL has higher volatility (19.95%) compared to MQ (15.42%). In terms of maximum drawdown, BL dropped -83.22% vs MQ's -89.71%.
MQ currently has the higher Sharpe Ratio (-0.72 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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