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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/19/2023 |
$55.57 |
$55.73 |
$54.67 |
$55.07 |
452.50K | 09/20/2023 |
$55.17 |
$55.76 |
$54.60 |
$54.91 |
380.10K | 09/21/2023 |
$54.17 |
$54.63 |
$52.93 |
$52.94 |
704.00K | 09/22/2023 |
$53.51 |
$54.77 |
$53.14 |
$54.60 |
807.60K | 09/25/2023 |
$54.06 |
$55.89 |
$53.66 |
$55.64 |
577.30K |
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BlackLine is a holding company. Through its wholly-owned subsidiary, BlackLine Systems, Inc., Co. provides an integrated suites of applications that deliver a range of capabilities to support accounting processes such as the financial close, accounts receivable, and intercompany accounting processes. Co.'s cloud-based products include: Financial Close Management, which includes Account Reconciliations, Transaction Matching, Financial Close Management, Journal Entry, Variance Analysis, Consolidation Integrity Manager, and Compliance; Accounts Receivable Automation, which includes Cash Application; Intercompany Accounting; and Services, which includes training. | |
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BlackLine (BL) has the following price history information. Looking back at BL historical stock prices for the last five trading days, on September 19, 2023, BL opened at $55.57, traded as high as $55.73 and as low as $54.67, and closed at $55.07. Trading volume was a total of 452.50K shares. On September 20, 2023, BL opened at $55.17, traded as high as $55.76 and as low as $54.60, and closed at $54.91. Trading volume was a total of 380.10K shares. On September 21, 2023, BL opened at $54.17, traded as high as $54.63 and as low as $52.93, and closed at $52.94. Trading volume was a total of 704.00K shares. On September 22, 2023, BL opened at $53.51, traded as high as $54.77 and as low as $53.14, and closed at $54.60. Trading volume was a total of 807.60K shares. On September 25, 2023, BL opened at $54.06, traded as high as $55.89 and as low as $53.66, and closed at $55.64. Trading volume was a total of 577.30K shares.
BL Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into BlackLine shares, starting with a $10,000 purchase of BL, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
11/04/2016 |
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End date: |
09/25/2023 |
|
Start price/share: |
$21.78 |
|
End price/share: |
$55.64 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
155.46% |
|
Average Annual Total Return: |
14.58% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$25,553.24 |
|
Years: |
6.89 |
|
|
 |
Date |
Close |
09/19/2023 | $55.07 | 09/20/2023 | $54.91 | 09/21/2023 | $52.94 | 09/22/2023 | $54.60 | 09/25/2023 | $55.64 |
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