Blackbaud (BLKB) vs NCR Atleos (NATL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
NCR Atleos (NATL) has outperformed Blackbaud (BLKB) over the past year, gaining 13.7% versus a loss of 28.9%. NCR Atleos is the larger company by market cap ($3.38 billion vs $2.04 billion), about 1.7 times the size. On valuation, Blackbaud trades at a lower forward P/E (7.5x vs 8.5x for NCR Atleos).
Blackbaud converts more of its revenue into profit, with a net margin of 10.2% versus 3.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BLKB | NATL |
|---|---|---|
| Share price | $44.85 | $45.71 |
| Market cap | $2.04B | $3.38B |
| 1-day change | +0.01% | +0.19% |
| YTD return | -29.19% | +19.71% |
| 1-year return | -28.88% | +13.74% |
| 5-year return | -40.23% | — |
| P/E ratio (TTM) | 14.01 | 17.72 |
| Forward P/E | 7.51 | 8.53 |
| EPS (TTM) | $3.20 | $2.58 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.13B | $4.35B |
| Revenue growth (YoY) | -2.27% | +1.14% |
| Net income (latest FY) | $114.97M | $162.00M |
| Gross margin | 58.78% | — |
| Operating margin | 16.91% | 10.98% |
| Net margin | 10.19% | 3.72% |
| 52-week high | $70.71 | $48.50 |
| 52-week low | $25.58 | $33.31 |
| Distance from 52-week high | -36.58% | -5.76% |
| Analyst consensus | buy | none |
| Avg. price target upside | +14.84% | +9.83% |
| Average volume | 525.88K | 705.83K |
| Shares outstanding | 45.39M | 73.90M |
| Employees | 2,800 | 20,000 |
| Sector | Technology | Miscellaneous |
| Industry | Computer Software: Prepackaged Software | Office Equipment/Supplies/Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NATL has outperformed BLKB by 42.6 percentage points over the past year.
- NCR Atleos trades at a higher earnings multiple (17.7x vs 14.0x trailing P/E).
- Blackbaud is more profitable, keeping 10.2 cents of every revenue dollar as net income versus 3.7 cents for NCR Atleos.
- The two companies sit in different sectors: Blackbaud in Technology and NCR Atleos in Miscellaneous.
About Blackbaud
BLKB stock →Blackbaud, Inc. engages in the providing AI-powered solutions in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 2,800 employees
About NCR Atleos
NATL stock →NCR Atleos Corporation, a financial technology company, engages in the provision of self-directed banking solutions to financial institutions, merchants, manufacturers, retailers, and consumers in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Self-Service Banking; Network; and Telecommunications & Technology (T&T).
Miscellaneous · Office Equipment/Supplies/Services · 20,000 employees
BLKB vs NATL FAQ
Which is bigger, Blackbaud or NCR Atleos?
NCR Atleos (NATL) is larger, with a market capitalization of $3.38B compared with $2.04B for Blackbaud (BLKB).
Which stock has performed better over the past year, BLKB or NATL?
NATL returned +13.74% over the past 12 months, compared with -28.88% for BLKB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BLKB or NATL?
BLKB has the lower trailing P/E at 14.0, versus 17.7 for NATL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Blackbaud and NCR Atleos in the same industry?
No. Blackbaud is in the Technology sector, while NCR Atleos is in Miscellaneous.