HRB · H&r Block Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.76B | $3.61B | $3.47B | $3.46B | $3.41B | $2.64B |
| Cost of Revenue | $2.09B | $1.99B | $1.92B | $1.88B | $1.84B | $1.71B |
| Gross Profit | $1.67B | $1.62B | $1.55B | $1.58B | $1.57B | $927.44M |
| R&D | - | - | - | - | - | - |
| SG&A | $846.91M | $813.50M | $800.03M | $837.11M | $802.27M | $744.36M |
| Total Operating Expenses | $2.93B | $2.81B | $2.72B | $2.72B | $2.64B | $2.56B |
| D&A | $116.83M | $121.78M | $130.50M | $142.18M | $156.85M | $169.54M |
| Operating Income | $781.40M | $762.32M | $711.21M | ($3.37M) | $668.74M | ($3.37M) |
| Interest Expense | $78.11M | $79.08M | $72.98M | $88.28M | $106.87M | $96.09M |
| Income Tax | $171.95M | $164.36M | $149.41M | $98.42M | $78.52M | ($9.53M) |
| Net Income | $605.77M | $595.32M | $553.70M | $553.67M | $583.79M | ($7.53M) |
| EPS - Basic | $4.45 | $4.18 | $3.58 | $3.27 | $3.11 | ($0.04) |
| EPS - Diluted | $4.39 | $4.12 | $3.51 | $3.22 | $3.08 | ($0.04) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $983.28M | $1.05B | $986.98M | $885.01M | $336.25M | $2.66B |
| Accounts Receivable | $63.62M | $69.08M | $59.99M | $58.45M | $301.06M | $133.20M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $1.16B | $1.24B | $1.19B | $1.38B | $1.24B | $3.09B |
| Total Assets | $3.26B | $3.22B | $3.07B | $3.27B | $3.10B | $5.11B |
| Current Liabilities | $1.30B | $977.33M | $938.78M | $998.81M | $1.17B | $1.58B |
| Long-term Debt | $1.14B | $1.49B | $1.49B | $1.49B | $1.76B | $2.85B |
| Total Liabilities | $3.18B | $3.13B | $3.04B | $3.06B | $3.47B | $5.04B |
| Stockholders' Equity | $88.90M | $90.59M | $32.06M | $211.63M | ($372.65M) | $71.04M |
| Retained Earnings | $12.06M | $12.65M | ($48.68M) | $120.41M | ($466.86M) | $42.97M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $680.88M | $720.86M | $821.84M | $808.54M | $625.93M | $108.96M |
| Investing Cash Flow | ($105.37M) | ($93.86M) | ($101.39M) | ($76.54M) | ($45.52M) | ($470.23M) |
| Financing Cash Flow | ($647.44M) | ($564.31M) | ($750.99M) | ($1.26B) | ($2.41B) | $1.53B |
| CapEx | $82.03M | $63.68M | $69.70M | $61.95M | $52.79M | $81.69M |
| Free Cash Flow | $598.85M | $657.18M | $752.14M | $746.58M | $573.14M | $27.28M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 44.5% | 44.8% | 44.6% | 45.7% | 46.0% | 35.1% |
| Operating margin | 20.8% | 21.1% | 20.5% | -0.1% | 19.6% | -0.1% |
| EBITDA margin | 23.9% | 24.5% | 24.2% | 4.0% | 24.2% | 6.3% |
| Net margin | 16.1% | 16.5% | 15.9% | 16.0% | 17.1% | -0.3% |
| Free cash flow margin | 15.9% | 18.2% | 21.7% | 21.6% | 16.8% | 1.0% |
| FCF / Net income | 0.99 | 1.10 | 1.36 | 1.35 | 0.98 | -3.62 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 22.5% | 22.5% | 23.0% | 24.2% | 23.5% | 28.2% |
| Effective tax rate | 22.1% | 21.6% | 21.3% | 15.1% | 11.9% | - |
| Return on assets | 18.6% | 18.5% | 18.0% | 16.9% | 18.8% | -0.1% |
| Return on equity | 681.4% | 657.1% | 1726.9% | 261.6% | -156.7% | -10.6% |
| Return on invested capital | 49.4% | 37.8% | 36.8% | -0.2% | 42.5% | -0.1% |
| Liquidity | ||||||
| Current ratio | 0.90 | 1.27 | 1.26 | 1.39 | 1.06 | 1.96 |
| Quick ratio | 0.90 | 1.27 | 1.26 | 1.39 | 1.06 | 1.96 |
| Cash ratio | 0.76 | 1.08 | 1.05 | 0.89 | 0.29 | 1.69 |
| Leverage | ||||||
| Debt / Equity | 12.86 | 16.46 | 46.44 | 7.03 | -4.73 | 40.06 |
| Debt / Assets | 0.35 | 0.46 | 0.48 | 0.45 | 0.57 | 0.56 |
| Debt / EBITDA | 1.27 | 1.69 | 1.77 | 10.71 | 2.13 | 17.13 |
| Interest coverage | 10.0x | 9.6x | 9.7x | -0.0x | 6.3x | -0.0x |
| Equity multiplier | 36.72 | 35.53 | 95.82 | 15.45 | -8.32 | 71.96 |
| Liabilities / Assets | 0.97 | 0.97 | 0.99 | 0.94 | 1.12 | 0.99 |
| Efficiency | ||||||
| Asset turnover | 1.15 | 1.12 | 1.13 | 1.06 | 1.10 | 0.52 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 6d | 7d | 6d | 6d | 32d | 18d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 12.5x | 13.2x | 9.1x | 11.0x | 7.6x | - |
| P / B | 84.8x | 86.1x | 156.3x | 28.6x | - | 46.4x |
| P / S | 2.0x | 2.2x | 1.4x | 1.7x | 1.3x | 1.2x |
| EV / EBITDA | 8.6x | 9.3x | 6.6x | 48.0x | 7.1x | 21.0x |
| Growth | ||||||
| Revenue growth (YoY) | 4.2% | 4.0% | 0.3% | 1.4% | 29.3% | -13.1% |
| Revenue CAGR (3y) | 2.8% | 1.9% | 9.6% | 4.5% | 2.6% | -4.6% |
| Revenue CAGR (5y) | 7.3% | 3.5% | 1.9% | 2.7% | 2.4% | -3.0% |
| Gross profit growth (YoY) | 3.5% | 4.5% | -2.1% | 0.6% | 69.5% | -33.4% |
| Operating income growth (YoY) | 2.5% | 7.2% | - | - | - | - |
| Net income growth (YoY) | 1.8% | 7.5% | 0.0% | -5.2% | - | - |
| EPS growth (YoY) | 6.6% | 17.4% | 9.0% | 4.5% | - | - |
| EPS CAGR (3y) | 10.9% | 10.2% | - | 16.4% | 1.9% | - |
| EPS CAGR (5y) | - | 15.1% | 3.8% | 11.0% | 15.6% | - |
| FCF growth (YoY) | -8.9% | -12.6% | 0.7% | 30.3% | 2001.2% | -94.7% |
| FCF CAGR (5y) | 85.5% | 5.2% | 0.0% | 10.1% | 5.8% | -44.2% |
| Book value growth (YoY) | -1.9% | 182.5% | -84.8% | - | - | -86.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$3.76B totalReportable Segment$3.76B · 100.0%
Product / service
$7.41B totalService$3.47B · 46.9%
Tax Preparation Fees$2.41B · 32.6%
DIYTax Preparation Fees$383.74M · 5.2%
Royalty$287.06M · 3.9%
International$246.99M · 3.3%
Royalties$192.88M · 2.6%
Refund Transfer Revenues$137.53M · 1.9%
Peaceof Mind Revenues$87.33M · 1.2%
Feesfrom Emerald Card$72.89M · 1.0%
Otherrevenue$58.32M · 0.8%
Tax Identity Shield$29.92M · 0.4%
Interestand Fee Incomeon Emerald Advance$28.96M · 0.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.88
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Personal Services
Comparing H&R BLOCK INC against the 5 most active filers in the same SIC group.
Dividends
$1.26/share trailing 12 months · -16.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 4, 2026 | $0.4200 |
| Dec 4, 2025 | $0.4200 |
| Sep 4, 2025 | $0.4200 |
| Jun 4, 2025 | $0.3750 |
| Mar 4, 2025 | $0.3750 |
| Dec 5, 2024 | $0.3750 |
| Sep 5, 2024 | $0.3750 |
| Jun 5, 2024 | $0.3200 |
| Mar 4, 2024 | $0.3200 |
| Dec 4, 2023 | $0.3200 |
| Sep 6, 2023 | $0.3200 |
| Jun 6, 2023 | $0.2900 |
| Mar 6, 2023 | $0.2900 |
| Dec 5, 2022 | $0.2900 |
| Sep 7, 2022 | $0.2900 |
| Jun 7, 2022 | $0.2700 |
| Mar 7, 2022 | $0.2700 |
| Dec 3, 2021 | $0.2700 |
| Sep 9, 2021 | $0.2700 |
| Jun 24, 2021 | $0.2700 |
| Mar 15, 2021 | $0.2600 |
| Dec 4, 2020 | $0.2600 |
| Sep 10, 2020 | $0.2600 |
| Jun 25, 2020 | $0.2600 |