H&R Block (HRB) Financials

$56.90 +0.08 (+0.14%)

Closing price 03:59 PM Eastern

Extended Trading

$56.95 +0.05 (+0.09%)

As of 04:21 PM Eastern

Annual Income Statements for H&R Block

This table shows H&R Block's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	4/30/2021	4/30/2020	4/30/2019	4/30/2018	4/30/2017	4/30/2016	4/30/2015
Net Income / (Loss) Attributable to Common Shareholders	595	554	554	584	-7.53	-	613	409	374	-1,810
Consolidated Net Income / (Loss)	595	554	554	584	-7.53	-	613	409	374	474
Net Income / (Loss) Continuing Operations	598	562	561	590	6.16	-	627	421	384	487
Total Pre-Tax Income	762	711	659	669	-3.37	-	669	629	569	743
Total Operating Income	805	749	745	770	77	-	752	716	633	0.00
Total Gross Profit	1,619	1,549	1,582	1,572	927	-	1,420	1,392	1,353	-182
Total Revenue	3,610	3,472	3,463	3,414	2,640	-	3,160	3,036	3,038	3,079
Operating Revenue	3,610	3,472	3,463	3,414	2,640	-	3,160	3,036	2,654	2,651
Total Cost of Revenue	1,992	1,923	1,881	1,842	1,712	-	1,740	1,644	1,686	3,261
Operating Cost of Revenue	1,992	1,923	1,881	1,842	1,712	-	1,740	1,644	1,686	2,973
Total Operating Expenses	814	800	837	802	850	-	668	676	719	1,307
Selling, General & Admin Expense	814	800	837	802	744	-	668	676	719	985
Impairment Charge	0.00	0.00	0.00	0.00	106	-	0.00	-	-	0.00
Total Other Income / (Expense), net	-43	-37	-86	-101	-80	-	-83	-87	-64	-52
Interest Expense	79	73	88	107	96	-	89	93	69	45
Other Income / (Expense), net	36	35	2.45	5.98	16	-	6.05	6.25	5.25	-6.62
Income Tax Expense	164	149	98	79	-9.53	-	42	208	186	256
Net Income / (Loss) Discontinued Operations	-2.65	-8.10	-6.97	-6.42	-14	-	-14	-12	-9.29	-13
Basic Earnings per Share	$4.18	$3.58	$3.27	$3.11	($0.04)	-	$2.93	$1.92	$1.50	$1.72
Weighted Average Basic Shares Outstanding	139.59M	147.00M	159.95M	181.47M	192.48M	205.37M	208.82M	212.81M	249.01M	275.03M
Diluted Earnings per Share	$4.12	$3.51	$3.22	$3.08	($0.04)	-	$2.91	$1.91	$1.49	$1.71
Weighted Average Diluted Shares Outstanding	139.59M	147.00M	159.95M	181.47M	192.48M	205.37M	208.82M	212.81M	249.01M	275.03M
Weighted Average Basic & Diluted Shares Outstanding	139.59M	147.00M	159.95M	181.47M	192.48M	205.37M	208.82M	212.81M	249.01M	275.03M
Cash Dividends to Common per Share	$1.28	$1.16	$1.08	$1.04	$1.04	$1.00	$0.96	$0.88	$0.80	$0.80

This table shows H&R Block's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	722	-243	-173	258	691	-190	-163	302	643	-224	-168
Consolidated Net Income / (Loss)	722	-243	-173	258	691	-190	-163	302	643	-224	-168
Net Income / (Loss) Continuing Operations	723	-242	-171	258	692	-189	-163	304	646	-221	-167
Total Pre-Tax Income	958	-312	-232	350	907	-283	-212	375	855	-298	-221
Total Operating Income	978	-293	-228	351	928	-267	-206	377	865	-283	-209
Total Gross Profit	1,308	-135	-76	556	1,259	-121	-76	551	1,210	-132	-81
Total Revenue	2,277	179	194	1,063	2,185	179	184	1,032	2,094	166	180
Operating Revenue	2,277	179	194	1,063	2,185	179	184	1,032	2,094	166	180
Total Cost of Revenue	969	314	270	506	926	300	259	481	884	298	261
Operating Cost of Revenue	969	314	270	506	926	300	259	481	884	298	261
Total Operating Expenses	329	158	153	205	331	147	131	175	345	151	128
Selling, General & Admin Expense	329	158	153	205	331	147	131	175	345	151	128
Total Other Income / (Expense), net	-20	-19	-3.93	-0.63	-21	-15	-6.03	-1.40	-9.07	-15	-12
Interest Expense	25	22	16	16	26	21	16	16	22	19	16
Other Income / (Expense), net	4.55	2.74	12	15	5.22	5.92	9.84	14	13	4.19	3.61
Income Tax Expense	235	-70	-61	92	216	-94	-49	71	209	-77	-54
Net Income / (Loss) Discontinued Operations	-0.60	-0.95	-1.16	-0.55	-0.85	-0.64	-0.61	-1.68	-2.65	-2.72	-1.05
Basic Earnings per Share	$5.37	($1.80)	($1.24)	$1.70	$4.93	($1.33)	($1.12)	$1.88	$4.21	($1.45)	($1.06)
Weighted Average Basic Shares Outstanding	133.88M	133.85M	137.05M	139.59M	139.53M	139.52M	143.93M	147.00M	152.28M	152.28M	155.47M
Diluted Earnings per Share	$5.31	-	-	-	$4.86	-	-	-	$4.12	-	-
Weighted Average Diluted Shares Outstanding	133.88M	133.85M	137.05M	139.59M	139.53M	139.52M	143.93M	147.00M	152.28M	152.28M	155.47M
Weighted Average Basic & Diluted Shares Outstanding	133.88M	133.85M	137.05M	139.59M	139.53M	139.52M	143.93M	147.00M	152.28M	152.28M	155.47M
Cash Dividends to Common per Share	$0.38	$0.38	$0.38	$0.32	$0.32	$0.32	$0.32	$0.29	$0.29	$0.29	$0.29

This table details how cash moves in and out of H&R Block's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	4/30/2021	4/30/2020	4/30/2019	4/30/2018	4/30/2017	4/30/2016	4/30/2015
Net Change in Cash & Equivalents	60	-35	-533	-1,810	1,165	44	546	121	-1,098	-178
Net Cash From Operating Activities	721	822	809	626	109	607	850	552	545	627
Net Cash From Continuing Operating Activities	721	822	809	626	109	607	850	552	545	627
Net Income / (Loss) Continuing Operations	595	554	554	584	-7.53	423	613	409	374	474
Consolidated Net Income / (Loss)	595	554	554	584	-7.53	423	613	409	374	474
Depreciation Expense	122	131	142	157	170	167	183	182	174	160
Non-Cash Adjustments To Reconcile Net Income	76	133	48	79	202	94	96	72	99	101
Changes in Operating Assets and Liabilities, net	-72	4.45	65	-194	-255	-77	-43	-111	-102	-108
Net Cash From Investing Activities	-94	-101	-77	-46	-470	-155	-112	99	330	-149
Net Cash From Continuing Investing Activities	-94	-101	-77	-46	-470	-155	-112	99	330	-149
Purchase of Property, Plant & Equipment	-64	-70	-62	-53	-82	-95	-99	-89	-100	-123
Acquisitions	-43	-48	-36	-16	-450	-44	-43	-55	-89	-113
Other Investing Activities, net	13	17	21	23	62	-16	29	36	43	54
Net Cash From Financing Activities	-564	-751	-1,257	-2,409	1,532	-404	-191	-530	-1,962	-646
Net Cash From Continuing Financing Activities	-564	-751	-1,257	-2,409	1,532	-404	-191	-530	-1,962	-646
Repayment of Debt	-1,030	-974	-1,213	-3,948	-1,344	-731	-839	-1,723	-1,484	-1,453
Repurchase of Common Equity	-380	-569	-563	-191	-256	-190	-9.15	-323	-2,018	-10
Payment of Dividends	-180	-178	-186	-195	-205	-205	-200	-187	-202	-220
Issuance of Debt	1,025	970	705	1,923	3,335	720	830	1,700	2,462	1,049
Effect of Exchange Rate Changes	-2.81	-4.86	-8.10	18	-5.29	-3.66	-1.14	-	-11	-9.99
Cash Interest Paid	76	70	82	104	87	82	84	87	59	45
Cash Income Taxes Paid	131	-46	32	236	89	133	8.28	164	165	237

This table details how cash moves in and out of H&R Block's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	448	-97	-636	262	474	-119	-558	81	642	-139	-619
Net Cash From Operating Activities	1,325	-567	-329	301	1,362	-607	-335	323	1,279	-459	-322
Net Cash From Continuing Operating Activities	1,325	-567	-329	301	1,362	-607	-335	323	1,279	-459	-322
Net Income / (Loss) Continuing Operations	722	-243	-173	258	691	-190	-163	302	643	-224	-168
Consolidated Net Income / (Loss)	722	-243	-173	258	691	-190	-163	302	643	-224	-168
Depreciation Expense	29	29	29	31	31	30	30	32	32	33	34
Non-Cash Adjustments To Reconcile Net Income	32	8.38	29	47	25	33	-29	57	-0.05	50	26
Changes in Operating Assets and Liabilities, net	542	-361	-214	-35	616	-480	-173	-68	603	-318	-213
Net Cash From Investing Activities	-23	-61	-26	5.79	-29	-47	-24	-0.10	-2.20	-62	-37
Net Cash From Continuing Investing Activities	-23	-61	-26	5.79	-29	-47	-24	-0.10	-2.20	-62	-37
Purchase of Property, Plant & Equipment	-23	-30	-19	-9.85	-21	-20	-13	-13	-15	-25	-16
Acquisitions	-7.31	-22	-5.90	-0.20	-16	-20	-6.92	-0.51	-7.98	-23	-17
Other Investing Activities, net	6.58	-8.60	-1.76	16	8.53	-7.12	-4.06	13	21	-13	-4.69
Net Cash From Financing Activities	-854	543	-284	-44	-856	531	-195	-245	-634	376	-247
Net Cash From Continuing Financing Activities	-854	543	-284	-44	-856	531	-195	-245	-634	376	-247
Repayment of Debt	-1,864	-97	-1.42	1.39	-1,010	-19	-1.80	1.86	-810	-165	-0.96
Repurchase of Common Equity	-0.28	-198	-238	-0.55	-0.31	-228	-150	-203	-0.22	-163	-203
Payment of Dividends	-50	-52	-45	-45	-45	-47	-43	-44	-45	-46	-43
Issuance of Debt	1,060	-	-	-	200	-	-	-	220	-	-
Effect of Exchange Rate Changes	0.71	-12	3.25	-0.08	-3.41	4.35	-3.68	-	-	5.63	-13
Cash Interest Paid	30	14	20	9.23	31	-20	20	70	-	-20	20
Cash Income Taxes Paid	3.22	14	48	95	-36	-58	58	-46	-	30	-30

This table presents H&R Block's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	4/30/2020	4/30/2019	4/30/2018	4/30/2017	4/30/2016	4/30/2015
Total Assets	3,219	3,072	3,269	4,014	5,112	3,300	3,141	2,694	2,847	4,515
Total Current Assets	1,239	1,187	1,384	2,080	3,087	1,993	1,892	1,346	1,221	2,951
Cash & Equivalents	1,053	987	885	1,434	2,662	1,572	1,545	1,011	897	2,007
Restricted Cash	22	28	166	150	211	136	119	106	104	92
Accounts Receivable	69	60	58	89	133	139	147	163	153	168
Prepaid Expenses	95	112	72	76	52	147	81	66	67	70
Plant, Property, & Equipment, net	131	130	124	139	184	212	232	264	294	311
Total Noncurrent Assets	1,848	1,755	1,761	1,795	1,841	1,094	1,017	1,106	1,333	1,253
Goodwill	785	775	760	755	712	520	508	491	471	442
Intangible Assets	264	277	310	351	415	342	374	409	434	432
Noncurrent Deferred & Refundable Income Taxes	272	211	209	182	151	142	34	84	120	13
Other Noncurrent Operating Assets	527	491	482	507	563	90	101	100	106	126
Total Liabilities & Shareholders' Equity	3,219	3,072	3,269	4,014	5,112	3,300	3,141	2,694	2,847	4,515
Total Liabilities	3,128	3,040	3,058	3,626	5,041	2,758	2,747	2,755	2,824	2,682
Total Current Liabilities	977	939	999	982	1,576	923	844	939	1,040	1,878
Short-Term Debt	0.00	0.00	0.00	0.00	649	0.00	1.03	0.98	0.83	0.79
Accounts Payable	156	160	161	164	203	250	252	217	260	-
Current Deferred & Payable Income Tax Liabilities	319	272	280	239	210	272	263	348	374	435
Current Employee Benefit Liabilities	106	95	155	169	116	197	141	184	162	145
Other Current Liabilities	397	412	403	410	397	205	186	189	244	323
Total Noncurrent Liabilities	2,151	2,101	2,059	2,644	3,465	1,835	1,904	1,816	1,785	804
Long-Term Debt	1,491	1,489	1,487	1,984	2,846	1,493	1,495	1,493	1,491	505
Capital Lease Obligations	265	241	229	245	313	0.00	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	291	265	226	302	182	198	229	159	133	143
Other Noncurrent Operating Liabilities	103	107	117	114	125	145	180	164	160	156
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	91	32	212	388	71	542	394	-61	23	1,833
Total Preferred & Common Equity	91	32	212	388	71	542	394	-61	23	1,833
Total Common Equity	91	32	212	388	71	542	394	-61	23	1,833
Common Stock	764	772	774	782	778	770	763	757	761	787
Retained Earnings	13	-49	120	287	43	499	363	-48	40	1,836
Treasury Stock	-638	-654	-661	-680	-698	-707	-718	-755	-767	-792
Accumulated Other Comprehensive Income / (Loss)	-49	-37	-22	0.09	-52	-20	-14	-15	-11	1.74

This table presents H&R Block's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	12/31/2022	9/30/2022	3/31/2022
Total Assets	3,245	2,712	2,550	3,213	2,776	2,511	3,158	2,593	2,559	3,781
Total Current Assets	1,247	777	612	1,265	899	632	1,303	776	724	1,868
Cash & Equivalents	773	320	416	795	321	427	909	264	323	1,042
Restricted Cash	17	21	23	18	17	31	25	28	109	135
Accounts Receivable	352	321	70	347	397	60	249	329	61	262
Prepaid Expenses	104	115	103	106	89	72	87	108	78	89
Plant, Property, & Equipment, net	146	144	136	140	137	132	136	137	128	133
Total Noncurrent Assets	1,852	1,791	1,803	1,808	1,740	1,748	1,719	1,681	1,707	1,780
Goodwill	786	783	792	788	789	771	770	765	747	764
Intangible Assets	270	271	256	277	275	268	293	305	303	323
Noncurrent Deferred & Refundable Income Taxes	309	282	261	288	239	249	227	182	194	237
Other Noncurrent Operating Assets	487	456	493	456	437	461	429	429	463	456
Total Liabilities & Shareholders' Equity	3,245	2,712	2,550	3,213	2,776	2,511	3,158	2,593	2,559	3,781
Total Liabilities	3,438	3,585	2,918	3,343	3,549	2,856	3,194	3,237	2,824	3,736
Total Current Liabilities	1,590	1,059	796	1,244	746	793	1,116	646	790	1,693
Short-Term Debt	350	350	0.00	0.00	0.00	0.00	0.00	0.00	0.00	499
Accounts Payable	244	137	162	247	143	150	236	137	168	226
Current Deferred & Payable Income Tax Liabilities	347	149	205	352	151	206	284	74	188	337
Current Employee Benefit Liabilities	270	65	58	239	66	52	209	68	56	227
Other Current Liabilities	380	359	371	406	385	385	387	367	377	403
Total Noncurrent Liabilities	1,848	2,525	2,122	2,100	2,803	2,063	2,079	2,591	2,034	2,043
Long-Term Debt	1,143	1,933	1,492	1,491	2,290	1,490	1,488	2,068	1,487	1,487
Capital Lease Obligations	253	228	247	215	209	224	199	205	223	211
Noncurrent Deferred & Payable Income Tax Liabilities	338	293	296	278	235	266	256	231	229	218
Other Noncurrent Operating Liabilities	115	72	87	116	69	84	135	86	94	128
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-193	-872	-368	-130	-773	-345	-36	-643	-265	45
Total Preferred & Common Equity	-193	-872	-368	-130	-773	-345	-36	-643	-265	45
Total Common Equity	-193	-872	-368	-130	-773	-345	-36	-643	-265	45
Common Stock	760	754	746	755	748	742	777	770	762	770
Retained Earnings	-237	-909	-425	-200	-846	-394	-109	-708	-312	-57
Treasury Stock	-645	-646	-647	-638	-638	-645	-660	-660	-661	-664
Accumulated Other Comprehensive Income / (Loss)	-71	-72	-43	-46	-36	-48	-44	-45	-54	-3.84

This table displays calculated financial ratios and metrics derived from H&R Block's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	4/30/2021	4/30/2020	4/30/2019	4/30/2018	4/30/2017	4/30/2016	4/30/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.98%	0.26%	1.44%	29.33%	0.00%	0.00%	4.07%	-0.06%	-1.32%	1.80%
EBITDA Growth	5.30%	2.83%	-4.60%	255.55%	57.33%	-82.29%	4.09%	11.37%	430.09%	-83.67%
EBIT Growth	7.30%	4.93%	-3.64%	736.50%	0.00%	-100.00%	4.97%	13.13%	9,751.41%	-100.80%
NOPAT Growth	6.81%	-6.67%	-6.71%	1,158.86%	0.00%	-100.00%	47.21%	12.30%	0.00%	-100.00%
Net Income Growth	7.52%	0.00%	-5.16%	7,856.99%	0.00%	0.00%	49.93%	9.27%	-20.98%	-0.31%
EPS Growth	17.38%	9.01%	4.55%	7,800.00%	0.00%	0.00%	52.36%	28.19%	-12.87%	-0.58%
Operating Cash Flow Growth	-12.29%	1.65%	29.17%	474.45%	-82.04%	-28.64%	53.93%	1.40%	-13.10%	-22.60%
Free Cash Flow Firm Growth	-16.03%	-8.59%	-17.53%	202.91%	-823.32%	-112.35%	24.33%	328.19%	-368.93%	-110.01%
Invested Capital Growth	3.43%	-14.87%	-15.10%	-21.22%	301.54%	44.65%	-33.01%	-34.52%	357.52%	23.50%
Revenue Q/Q Growth	0.85%	-0.51%	1.08%	-21.90%	0.00%	0.00%	2.10%	1.01%	-0.43%	-8.89%
EBITDA Q/Q Growth	-2.64%	9.07%	25.13%	-36.91%	57.90%	-81.51%	1.61%	9.11%	2,523.56%	-92.23%
EBIT Q/Q Growth	-2.89%	11.19%	32.60%	-41.10%	0.00%	-100.00%	2.50%	10.97%	795.87%	-100.34%
NOPAT Q/Q Growth	-7.01%	12.84%	-8.87%	-33.05%	0.00%	-100.00%	132.90%	23.83%	755.66%	-100.00%
Net Income Q/Q Growth	-6.95%	16.78%	25.12%	-37.41%	0.00%	0.00%	141.80%	25.35%	-9.26%	-26.54%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-3.07%	-11.99%	62.45%	-69.88%	-77.59%	-29.49%	40.65%	-1.68%	21.86%	-8.22%
Free Cash Flow Firm Q/Q Growth	-4.26%	-17.22%	-21.38%	-46.20%	-19.20%	-113.51%	67.48%	-7.03%	79.18%	-103.74%
Invested Capital Q/Q Growth	1.15%	4.11%	-17.66%	-24.83%	-38.71%	-75.97%	-82.86%	-77.56%	-71.75%	-139.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	44.84%	44.60%	45.68%	46.04%	35.13%	0.00%	44.94%	45.84%	44.52%	-5.92%
EBITDA Margin	26.68%	26.34%	25.68%	27.31%	9.94%	0.00%	29.79%	29.79%	26.73%	4.98%
Operating Margin	22.30%	21.56%	21.51%	22.54%	2.92%	0.00%	23.80%	23.58%	20.84%	0.00%
EBIT Margin	23.31%	22.58%	21.58%	22.72%	3.51%	0.00%	23.99%	23.79%	21.01%	-0.21%
Profit (Net Income) Margin	16.49%	15.95%	15.99%	17.10%	-0.29%	0.00%	19.40%	13.47%	12.32%	15.39%
Tax Burden Percent	78.09%	77.85%	84.01%	87.30%	223.06%	0.00%	91.69%	64.99%	65.72%	63.77%
Interest Burden Percent	90.60%	90.69%	88.19%	86.22%	-3.64%	0.00%	88.21%	87.13%	89.20%	-11,229.10%
Effective Tax Rate	21.56%	21.01%	14.93%	11.74%	0.00%	0.00%	6.25%	33.11%	32.65%	34.47%
Return on Invested Capital (ROIC)	83.21%	72.88%	66.38%	57.97%	6.59%	0.00%	250.67%	112.52%	271.08%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	78.01%	67.42%	54.16%	47.84%	-5.41%	0.00%	170.67%	96.78%	277.85%	0.00%
Return on Net Nonoperating Assets (RNNOA)	887.48%	381.54%	118.27%	196.35%	-9.05%	0.00%	117.78%	-2,277.40%	-230.75%	0.00%
Return on Equity (ROE)	970.69%	454.42%	184.65%	254.32%	-2.46%	0.00%	368.45%	-2,164.88%	40.33%	27.95%
Cash Return on Invested Capital (CROIC)	79.84%	88.95%	82.72%	81.72%	-113.65%	-36.50%	290.20%	154.23%	-55.93%	0.00%
Operating Return on Assets (OROA)	26.75%	24.73%	20.52%	17.00%	2.20%	0.00%	25.98%	26.07%	17.34%	-0.14%
Return on Assets (ROA)	18.93%	17.46%	15.20%	12.79%	-0.18%	0.00%	21.02%	14.76%	10.17%	10.29%
Return on Common Equity (ROCE)	970.69%	454.42%	184.65%	254.32%	-2.46%	0.00%	368.45%	-2,164.88%	40.33%	27.95%
Return on Equity Simple (ROE_SIMPLE)	657.13%	1,726.86%	261.62%	150.44%	-10.59%	0.00%	155.74%	-671.69%	1,619.99%	25.84%
Net Operating Profit after Tax (NOPAT)	632	591	634	679	54	0.00	705	479	426	0.00
NOPAT Margin	17.50%	17.03%	18.30%	19.90%	2.04%	0.00%	22.31%	15.77%	14.04%	0.00%
Net Nonoperating Expense Percent (NNEP)	5.21%	5.47%	12.22%	10.13%	12.00%	0.00%	79.99%	15.74%	-6.77%	24.60%
Cost of Revenue to Revenue	55.16%	55.40%	54.32%	53.96%	64.87%	0.00%	55.06%	54.16%	55.48%	105.92%
SG&A Expenses to Revenue	22.53%	23.04%	24.17%	23.50%	28.20%	0.00%	21.14%	22.26%	23.68%	32.01%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.53%	23.04%	24.17%	23.50%	32.21%	0.00%	21.14%	22.26%	23.68%	42.45%
Earnings before Interest and Taxes (EBIT)	841	784	747	776	93	0.00	758	722	638	-6.62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	963	915	890	932	262	167	941	904	812	153
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	83.52	147.18	25.11	9.32	38.00	8.22	11.36	0.00	141.21	3.18
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.08
Price to Revenue (P/Rev)	2.10	1.36	1.53	1.06	1.02	0.00	1.42	1.26	1.07	1.89
Price to Earnings (P/E)	12.71	8.52	9.60	6.20	0.00	0.00	7.30	9.38	8.72	0.00
Dividend Yield	2.36%	3.74%	4.05%	5.22%	7.42%	4.57%	4.49%	4.75%	5.50%	3.78%
Earnings Yield	7.87%	11.73%	10.42%	16.14%	0.00%	0.00%	13.70%	10.66%	11.47%	0.00%
Enterprise Value to Invested Capital (EV/IC)	10.69	7.28	6.82	4.13	2.77	12.98	19.08	12.50	7.30	0.00
Enterprise Value to Revenue (EV/Rev)	2.28	1.56	1.73	1.25	1.38	0.00	1.36	1.39	1.24	1.23
Enterprise Value to EBITDA (EV/EBITDA)	8.56	5.94	6.72	4.57	13.86	25.41	4.57	4.66	4.62	24.80
Enterprise Value to EBIT (EV/EBIT)	9.80	6.93	8.00	5.50	39.20	0.00	5.68	5.83	5.88	0.00
Enterprise Value to NOPAT (EV/NOPAT)	13.06	9.19	9.44	6.28	67.36	0.00	6.11	8.79	8.80	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	11.44	6.61	7.40	6.81	33.36	6.98	5.07	7.63	6.89	6.06
Enterprise Value to Free Cash Flow (EV/FCFF)	13.61	7.53	7.57	4.45	0.00	0.00	5.28	6.42	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	19.39	53.94	8.11	5.74	53.60	2.76	3.80	-24.54	64.59	0.28
Long-Term Debt to Equity	19.39	53.94	8.11	5.74	44.46	2.76	3.80	-24.52	64.55	0.28
Financial Leverage	11.38	5.66	2.18	4.10	1.67	-0.41	0.69	-23.53	-0.83	-1.14
Leverage Ratio	51.29	26.02	12.15	19.88	13.73	6.89	17.53	-146.67	3.97	2.72
Compound Leverage Factor	46.47	23.60	10.71	17.14	-0.50	0.00	15.47	-127.80	3.54	-305.08
Debt to Total Capital	95.10%	98.18%	89.02%	85.17%	98.17%	73.38%	79.16%	104.25%	98.48%	21.64%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	16.74%	0.00%	0.05%	0.07%	0.05%	0.03%
Long-Term Debt to Total Capital	95.10%	98.18%	89.02%	85.17%	81.43%	73.38%	79.11%	104.18%	98.42%	21.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	4.90%	1.82%	10.98%	14.83%	1.83%	26.62%	20.84%	-4.25%	1.52%	78.36%
Debt to EBITDA	1.82	1.89	1.93	2.39	14.52	8.95	1.59	1.65	1.84	3.30
Net Debt to EBITDA	0.71	0.78	0.75	0.69	3.56	-1.29	-0.18	0.42	0.61	-13.27
Long-Term Debt to EBITDA	1.82	1.89	1.93	2.39	12.04	8.95	1.59	1.65	1.84	3.30
Debt to NOPAT	2.78	2.92	2.71	3.28	70.57	0.00	2.12	3.12	3.50	0.00
Net Debt to NOPAT	1.08	1.21	1.05	0.95	17.32	0.00	-0.24	0.79	1.15	0.00
Long-Term Debt to NOPAT	2.78	2.92	2.71	3.28	58.54	0.00	2.12	3.12	3.50	0.00
Altman Z-Score	3.54	2.98	3.05	2.51	1.26	1.57	3.34	3.00	2.60	2.84
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.27	1.26	1.39	2.12	1.96	2.16	2.24	1.43	1.17	1.57
Quick Ratio	1.15	1.12	0.94	1.55	1.77	1.85	2.01	1.25	1.01	1.39
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	606	722	790	957	-930	-101	816	656	-288	-61
Operating Cash Flow to CapEx	1,132.04%	1,179.15%	1,305.04%	1,185.65%	133.39%	635.18%	862.22%	618.67%	544.97%	508.78%
Free Cash Flow to Firm to Interest Expense	7.66	9.89	8.94	8.96	-9.68	0.00	9.13	7.06	-4.17	-1.36
Operating Cash Flow to Interest Expense	9.12	11.26	9.16	5.86	1.13	0.00	9.51	5.94	7.90	13.85
Operating Cash Flow Less CapEx to Interest Expense	8.31	10.31	8.46	5.36	0.28	0.00	8.41	4.98	6.45	11.13
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.15	1.10	0.95	0.75	0.63	0.00	1.08	1.10	0.83	0.67
Accounts Receivable Turnover	55.95	58.63	47.00	30.74	19.40	0.00	20.42	19.22	18.92	17.12
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	27.63	27.35	26.32	21.10	13.32	0.00	12.75	10.89	10.04	9.99
Accounts Payable Turnover	12.62	11.99	11.57	10.03	7.57	0.00	7.42	6.90	0.00	0.00
Days Sales Outstanding (DSO)	6.52	6.23	7.77	11.87	18.82	0.00	17.88	18.99	19.29	21.32
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	28.93	30.44	31.55	36.40	48.24	0.00	49.20	52.90	0.00	0.00
Cash Conversion Cycle (CCC)	-22.41	-24.22	-23.78	-24.52	-29.43	0.00	-31.32	-33.91	19.29	21.32
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	772	746	877	1,033	1,311	326	226	337	514	-200
Invested Capital Turnover	4.76	4.28	3.63	2.91	3.22	0.00	11.24	7.13	19.31	-13.36
Increase / (Decrease) in Invested Capital	26	-130	-156	-278	984	101	-111	-178	714	61
Enterprise Value (EV)	8,248	5,433	5,979	4,263	3,634	4,235	4,306	4,211	3,754	3,799
Market Capitalization	7,567	4,719	5,314	3,618	2,700	4,451	4,474	3,835	3,262	5,832
Book Value per Share	$0.65	$0.21	$1.33	$2.14	$0.37	$2.66	$1.88	($0.29)	$0.10	$6.66
Tangible Book Value per Share	($6.87)	($6.70)	($5.38)	($3.96)	($5.49)	($1.58)	($2.33)	($4.64)	($3.93)	$3.48
Total Capital	1,847	1,762	1,927	2,617	3,879	2,034	1,889	1,433	1,515	2,339
Total Debt	1,756	1,730	1,716	2,229	3,808	1,493	1,496	1,494	1,492	506
Total Long-Term Debt	1,756	1,730	1,716	2,229	3,158	1,493	1,495	1,493	1,491	505
Net Debt	681	714	665	644	935	-215	-168	376	491	-2,033
Capital Expenditures (CapEx)	64	70	62	53	82	95	99	89	100	123
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-813	-767	-665	-486	-713	-637	-615	-710	-819	-1,465
Debt-free Net Working Capital (DFNWC)	262	249	386	1,098	2,161	1,070	1,049	408	182	1,074
Net Working Capital (NWC)	262	249	386	1,098	1,511	1,070	1,048	407	181	1,073
Net Nonoperating Expense (NNE)	36	38	80	95	61	0.00	92	70	52	-474
Net Nonoperating Obligations (NNO)	681	714	665	644	1,240	-215	-168	398	491	-2,033
Total Depreciation and Amortization (D&A)	122	131	142	157	170	167	183	182	174	160
Debt-free, Cash-free Net Working Capital to Revenue	-22.52%	-22.08%	-19.20%	-14.24%	-26.99%	0.00%	-19.45%	-23.38%	-26.96%	-47.59%
Debt-free Net Working Capital to Revenue	7.26%	7.16%	11.14%	32.16%	81.85%	0.00%	33.20%	13.43%	5.98%	34.88%
Net Working Capital to Revenue	7.26%	7.16%	11.14%	32.16%	57.25%	0.00%	33.17%	13.40%	5.96%	34.85%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.18	$3.58	$3.27	$0.00	($0.04)	$2.05	$2.93	$1.92	$1.50	$1.72
Adjusted Weighted Average Basic Shares Outstanding	139.59M	147.00M	159.95M	181.47M	192.48M	201.96M	209.26M	207.18M	220.52M	275.29M
Adjusted Diluted Earnings per Share	$4.12	$3.51	$3.22	$0.00	($0.04)	$2.04	$2.91	$1.91	$1.49	$1.71
Adjusted Weighted Average Diluted Shares Outstanding	139.59M	147.00M	159.95M	181.47M	192.48M	201.96M	209.26M	207.18M	220.52M	275.29M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.04)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	139.59M	147.00M	159.95M	181.47M	192.48M	201.96M	209.26M	207.18M	220.52M	275.29M
Normalized Net Operating Profit after Tax (NOPAT)	632	591	634	679	128	0.00	705	479	426	0.00
Normalized NOPAT Margin	17.50%	17.03%	18.30%	19.90%	4.86%	0.00%	22.31%	15.77%	14.04%	0.00%
Pre Tax Income Margin	21.11%	20.48%	19.03%	19.59%	-0.13%	0.00%	21.16%	20.73%	18.74%	24.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	10.64	10.75	8.47	7.26	0.96	0.00	8.48	7.77	9.26	-0.15
NOPAT to Interest Expense	7.99	8.10	7.18	6.36	0.56	0.00	7.89	5.15	6.18	0.00
EBIT Less CapEx to Interest Expense	9.83	9.79	7.76	6.76	0.11	0.00	7.38	6.81	7.81	-2.87
NOPAT Less CapEx to Interest Expense	7.18	7.15	6.48	5.86	-0.29	0.00	6.79	4.19	4.74	-2.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	30.20%	32.13%	33.68%	33.41%	-2,722.16%	0.00%	32.70%	45.76%	53.89%	46.44%
Augmented Payout Ratio	93.96%	134.89%	135.40%	66.18%	-6,126.55%	0.00%	34.19%	124.70%	593.17%	48.64%

This table displays calculated financial ratios and metrics derived from H&R Block's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.22%	-0.01%	5.45%	2.95%	4.36%	7.62%	2.12%	-1.71%	1.55%	4.78%	-6.56%
EBITDA Growth	4.98%	-12.94%	-12.82%	-6.17%	5.94%	6.05%	3.26%	21.93%	-1.27%	-2.54%	-23.85%
EBIT Growth	5.30%	-11.10%	-10.14%	-6.40%	6.35%	6.27%	4.38%	25.29%	-0.89%	-1.15%	-17.77%
NOPAT Growth	4.33%	-9.67%	-10.67%	-15.16%	8.35%	5.57%	1.33%	27.87%	-5.83%	-2.13%	-19.65%
Net Income Growth	4.57%	-28.28%	-5.56%	-14.71%	7.35%	15.13%	2.93%	35.73%	-4.42%	-17.30%	-11.09%
EPS Growth	9.26%	0.00%	0.00%	0.00%	17.96%	0.00%	0.00%	0.00%	1.73%	0.00%	0.00%
Operating Cash Flow Growth	-2.75%	6.61%	1.91%	-7.07%	6.54%	-32.34%	-4.14%	-25.71%	-0.61%	23.66%	-2.89%
Free Cash Flow Firm Growth	11.67%	52.15%	-329.58%	-46.44%	-33.93%	-320.78%	78.07%	10.37%	-0.17%	115.87%	-725.48%
Invested Capital Growth	-0.04%	-6.61%	2.21%	3.43%	6.45%	3.75%	-10.11%	-14.87%	-32.67%	-18.61%	4.61%
Revenue Q/Q Growth	1,171.63%	-7.61%	-81.76%	-51.36%	1,120.01%	-2.57%	-82.19%	-50.70%	1,158.16%	-7.55%	-82.86%
EBITDA Q/Q Growth	487.25%	-39.33%	-147.28%	-58.85%	516.63%	-39.18%	-139.32%	-53.54%	469.49%	-43.30%	-149.56%
EBIT Q/Q Growth	438.28%	-34.26%	-159.13%	-60.79%	456.94%	-33.09%	-150.26%	-55.46%	414.58%	-35.78%	-165.85%
NOPAT Q/Q Growth	459.52%	-28.45%	-161.75%	-63.41%	477.92%	-29.62%	-147.34%	-53.27%	429.36%	-35.43%	-161.35%
Net Income Q/Q Growth	396.74%	-41.05%	-166.94%	-62.68%	464.02%	-16.07%	-154.08%	-53.02%	387.79%	-32.75%	-175.63%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	333.66%	-72.58%	-209.31%	-77.94%	324.39%	-81.25%	-203.57%	-74.71%	378.74%	-42.63%	-173.88%
Free Cash Flow Firm Q/Q Growth	749.91%	36.88%	-177.18%	-64.73%	378.50%	-466.63%	-109.62%	-56.49%	830.56%	156.27%	-148.44%
Invested Capital Q/Q Growth	-41.15%	39.14%	20.69%	1.15%	-45.02%	52.28%	22.13%	4.11%	-46.41%	31.93%	15.67%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.43%	-75.47%	-39.10%	52.35%	57.62%	-67.42%	-41.11%	53.42%	57.79%	-79.29%	-44.82%
EBITDA Margin	44.45%	-145.95%	-96.79%	37.34%	44.13%	-129.22%	-90.46%	40.97%	43.47%	-148.01%	-95.49%
Operating Margin	42.96%	-163.79%	-117.81%	33.02%	42.48%	-149.33%	-112.26%	36.48%	41.29%	-170.19%	-116.18%
EBIT Margin	43.16%	-162.25%	-111.66%	34.44%	42.72%	-146.03%	-106.90%	37.88%	41.92%	-167.67%	-114.18%
Profit (Net Income) Margin	31.72%	-135.94%	-89.04%	24.26%	31.62%	-105.96%	-88.95%	29.29%	30.73%	-134.36%	-93.58%
Tax Burden Percent	75.39%	77.94%	74.30%	73.62%	76.13%	67.08%	76.98%	80.58%	75.22%	75.03%	76.10%
Interest Burden Percent	97.49%	107.49%	107.32%	95.69%	97.21%	108.17%	108.08%	95.94%	97.46%	106.80%	107.70%
Effective Tax Rate	24.55%	0.00%	0.00%	26.22%	23.78%	0.00%	0.00%	18.97%	24.47%	0.00%	0.00%
Return on Invested Capital (ROIC)	157.74%	-309.28%	-323.99%	115.85%	156.66%	-267.60%	-283.72%	126.48%	122.20%	-276.39%	-283.01%
ROIC Less NNEP Spread (ROIC-NNEP)	156.03%	-311.04%	-324.99%	115.71%	154.63%	-267.72%	-285.23%	126.07%	121.13%	-277.66%	-284.98%
Return on Net Nonoperating Assets (RNNOA)	-893.94%	818.53%	1,165.12%	1,316.40%	-1,531.49%	783.01%	1,185.71%	713.51%	25,372.44%	1,092.27%	2,550.63%
Return on Equity (ROE)	-736.20%	509.25%	841.12%	1,432.25%	-1,374.82%	515.40%	901.98%	839.99%	25,494.64%	815.88%	2,267.62%
Cash Return on Invested Capital (CROIC)	78.67%	49.26%	65.29%	79.84%	85.55%	42.11%	72.03%	88.95%	97.89%	58.53%	56.78%
Operating Return on Assets (OROA)	49.63%	-214.05%	-159.75%	39.53%	48.01%	-189.75%	-146.58%	41.48%	42.17%	-203.70%	-132.94%
Return on Assets (ROA)	36.47%	-179.33%	-127.39%	27.85%	35.53%	-137.69%	-121.96%	32.07%	30.91%	-163.22%	-108.95%
Return on Common Equity (ROCE)	-736.20%	509.25%	841.12%	1,432.25%	-1,374.82%	515.40%	901.98%	839.99%	25,494.64%	815.88%	2,267.62%
Return on Equity Simple (ROE_SIMPLE)	-292.55%	-61.04%	-159.27%	0.00%	-492.87%	-76.68%	-161.98%	0.00%	-1,302.85%	-78.31%	-202.60%
Net Operating Profit after Tax (NOPAT)	738	-205	-160	259	707	-187	-144	305	653	-198	-146
NOPAT Margin	32.41%	-114.65%	-82.47%	24.36%	32.38%	-104.53%	-78.58%	29.56%	31.19%	-119.13%	-81.33%
Net Nonoperating Expense Percent (NNEP)	1.71%	1.76%	1.00%	0.15%	2.03%	0.12%	1.50%	0.41%	1.07%	1.27%	1.97%
Return On Investment Capital (ROIC_SIMPLE)	47.54%	-12.54%	-	-	-	-10.85%	-	-	-	-	-
Cost of Revenue to Revenue	42.57%	175.47%	139.10%	47.65%	42.38%	167.42%	141.11%	46.58%	42.21%	179.29%	144.82%
SG&A Expenses to Revenue	14.47%	88.32%	78.72%	19.33%	15.13%	81.91%	71.15%	16.94%	16.50%	90.90%	71.36%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.47%	88.32%	78.72%	19.33%	15.13%	81.91%	71.15%	16.94%	16.50%	90.90%	71.36%
Earnings before Interest and Taxes (EBIT)	983	-291	-216	366	933	-262	-196	391	878	-279	-206
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,012	-261	-188	397	964	-231	-166	423	910	-246	-172
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	83.52	0.00	0.00	0.00	147.18	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.98	2.00	2.45	2.10	1.90	1.95	1.77	1.36	1.48	1.57	1.87
Price to Earnings (P/E)	13.03	13.60	15.13	12.71	10.64	11.46	11.04	8.52	10.91	10.76	12.03
Dividend Yield	2.63%	2.63%	2.10%	2.36%	2.56%	2.59%	2.84%	3.74%	3.36%	3.21%	2.72%
Earnings Yield	7.68%	7.35%	6.61%	7.87%	9.40%	8.73%	9.06%	11.73%	9.17%	9.29%	8.31%
Enterprise Value to Invested Capital (EV/IC)	10.89	7.26	10.92	10.69	10.09	6.45	8.15	7.28	8.26	5.54	7.63
Enterprise Value to Revenue (EV/Rev)	2.24	2.60	2.81	2.28	2.15	2.57	2.14	1.56	1.70	2.14	2.24
Enterprise Value to EBITDA (EV/EBITDA)	8.65	10.32	10.80	8.56	7.79	9.57	8.07	5.94	7.06	8.71	9.03
Enterprise Value to EBIT (EV/EBIT)	9.87	11.88	12.38	9.80	8.89	11.04	9.36	6.93	8.40	10.38	10.80
Enterprise Value to NOPAT (EV/NOPAT)	13.85	16.52	16.36	13.06	11.34	14.34	12.57	9.19	11.30	13.07	12.73
Enterprise Value to Operating Cash Flow (EV/OCF)	11.38	12.26	13.99	11.44	10.36	13.56	9.18	6.61	6.34	7.86	9.68
Enterprise Value to Free Cash Flow (EV/FCFF)	13.84	14.23	16.90	13.61	12.17	15.60	10.71	7.53	6.79	8.49	13.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-9.05	-2.88	-4.72	19.39	-13.14	-3.23	-4.97	53.94	-46.37	-3.53	-6.45
Long-Term Debt to Equity	-7.24	-2.48	-4.72	19.39	-13.14	-3.23	-4.97	53.94	-46.37	-3.53	-6.45
Financial Leverage	-5.73	-2.63	-3.59	11.38	-9.90	-2.92	-4.16	5.66	209.47	-3.93	-8.95
Leverage Ratio	-20.02	-3.34	-7.10	51.29	-38.34	-3.79	-8.31	26.02	819.83	-5.60	-23.76
Compound Leverage Factor	-19.51	-3.59	-7.62	49.08	-37.26	-4.10	-8.99	24.97	799.00	-5.98	-25.59
Debt to Total Capital	112.42%	153.27%	126.85%	95.10%	108.24%	144.76%	125.19%	98.18%	102.20%	139.48%	118.33%
Short-Term Debt to Total Capital	22.53%	21.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	89.89%	131.93%	126.85%	95.10%	108.24%	144.76%	125.19%	98.18%	102.20%	139.48%	118.33%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-12.42%	-53.27%	-26.85%	4.90%	-8.24%	-44.76%	-25.19%	1.82%	-2.20%	-39.48%	-18.33%
Debt to EBITDA	1.82	2.75	1.85	1.82	1.72	2.67	1.86	1.89	2.01	2.67	2.00
Net Debt to EBITDA	1.00	2.38	1.38	0.71	0.90	2.31	1.37	0.78	0.90	2.33	1.49
Long-Term Debt to EBITDA	1.45	2.37	1.85	1.82	1.72	2.67	1.86	1.89	2.01	2.67	2.00
Debt to NOPAT	2.91	4.41	2.80	2.78	2.51	4.00	2.90	2.92	3.22	4.01	2.81
Net Debt to NOPAT	1.59	3.81	2.09	1.08	1.31	3.46	2.13	1.21	1.44	3.50	2.10
Long-Term Debt to NOPAT	2.33	3.79	2.80	2.78	2.51	4.00	2.90	2.92	3.22	4.01	2.81
Altman Z-Score	3.20	1.60	2.64	3.05	3.22	1.73	2.13	2.56	3.02	1.66	2.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.78	0.73	0.77	1.27	1.02	1.21	0.80	1.26	1.17	1.20	0.92
Quick Ratio	0.71	0.61	0.61	1.15	0.92	0.96	0.61	1.12	1.04	0.92	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	738	-114	-180	233	661	-237	-42	435	1,001	108	-191
Operating Cash Flow to CapEx	5,844.81%	-1,866.55%	-1,753.84%	3,052.67%	6,449.98%	-3,067.79%	-2,593.60%	2,481.05%	8,432.31%	-1,810.97%	-1,990.38%
Free Cash Flow to Firm to Interest Expense	29.91	-5.22	-11.36	14.78	25.36	-11.11	-2.64	27.44	44.88	5.66	-12.08
Operating Cash Flow to Interest Expense	53.67	-26.07	-20.73	19.05	52.26	-28.42	-21.11	20.38	57.35	-24.17	-20.33
Operating Cash Flow Less CapEx to Interest Expense	52.75	-27.47	-21.92	18.43	51.45	-29.35	-21.92	19.56	56.67	-25.50	-21.35
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.15	1.32	1.43	1.15	1.12	1.30	1.37	1.10	1.01	1.21	1.16
Accounts Receivable Turnover	10.62	10.08	55.59	55.95	12.01	9.61	57.28	58.63	13.67	10.98	58.55
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	25.96	25.77	27.10	27.63	25.97	25.47	26.78	27.35	25.93	24.94	25.66
Accounts Payable Turnover	8.39	14.39	12.85	12.62	8.13	13.72	12.07	11.99	8.49	13.04	11.69
Days Sales Outstanding (DSO)	34.37	36.23	6.57	6.52	30.38	37.98	6.37	6.23	26.71	33.23	6.23
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	43.50	25.37	28.40	28.93	44.88	26.61	30.23	30.44	42.99	28.00	31.22
Cash Conversion Cycle (CCC)	-9.13	10.86	-21.83	-22.41	-14.50	11.37	-23.86	-24.22	-16.28	5.23	-24.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	763	1,296	932	772	763	1,388	911	746	717	1,338	1,014
Invested Capital Turnover	4.87	2.70	3.93	4.76	4.84	2.56	3.61	4.28	3.92	2.32	3.48
Increase / (Decrease) in Invested Capital	-0.28	-92	20	26	46	50	-103	-130	-348	-306	45
Enterprise Value (EV)	8,305	9,410	10,171	8,248	7,702	8,949	7,425	5,433	5,924	7,405	7,736
Market Capitalization	7,350	7,242	8,871	7,567	6,809	6,789	6,169	4,719	5,171	5,424	6,457
Book Value per Share	($1.44)	($6.37)	($2.64)	$0.65	($0.93)	($5.37)	($2.35)	$0.21	($0.24)	($4.14)	($1.66)
Tangible Book Value per Share	($9.33)	($14.06)	($10.15)	($6.87)	($8.56)	($12.76)	($9.41)	($6.70)	($7.22)	($11.02)	($8.22)
Total Capital	1,552	1,638	1,371	1,847	1,576	1,726	1,369	1,762	1,651	1,630	1,445
Total Debt	1,745	2,510	1,739	1,756	1,706	2,499	1,714	1,730	1,688	2,273	1,710
Total Long-Term Debt	1,396	2,161	1,739	1,756	1,706	2,499	1,714	1,730	1,688	2,273	1,710
Net Debt	956	2,169	1,300	681	893	2,161	1,256	714	753	1,981	1,279
Capital Expenditures (CapEx)	23	30	19	9.85	21	20	13	13	15	25	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-783	-274	-623	-813	-791	-185	-619	-767	-747	-162	-497
Debt-free Net Working Capital (DFNWC)	6.52	68	-184	262	22	153	-161	249	187	130	-66
Net Working Capital (NWC)	-343	-282	-184	262	22	153	-161	249	187	130	-66
Net Nonoperating Expense (NNE)	16	38	13	1.02	17	2.55	19	2.82	9.50	25	22
Net Nonoperating Obligations (NNO)	956	2,169	1,300	681	893	2,161	1,256	714	753	1,981	1,279
Total Depreciation and Amortization (D&A)	29	29	29	31	31	30	30	32	32	33	34
Debt-free, Cash-free Net Working Capital to Revenue	-21.09%	-7.57%	-17.22%	-22.52%	-22.09%	-5.30%	-17.79%	-22.08%	-21.41%	-4.69%	-14.41%
Debt-free Net Working Capital to Revenue	0.18%	1.87%	-5.09%	7.26%	0.61%	4.39%	-4.63%	7.16%	5.36%	3.76%	-1.91%
Net Working Capital to Revenue	-9.25%	-7.79%	-5.09%	7.26%	0.61%	4.39%	-4.63%	7.16%	5.36%	3.76%	-1.91%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.37	($1.80)	($1.24)	$1.70	$4.93	($1.33)	($1.12)	$1.88	$4.21	($1.45)	($1.06)
Adjusted Weighted Average Basic Shares Outstanding	133.88M	133.85M	137.05M	139.59M	139.53M	139.52M	143.93M	147.00M	152.28M	152.28M	155.47M
Adjusted Diluted Earnings per Share	$5.31	$0.00	$0.00	$0.00	$4.86	$0.00	$0.00	$0.00	$4.12	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	133.88M	133.85M	137.05M	139.59M	139.53M	139.52M	143.93M	147.00M	152.28M	152.28M	155.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	133.88M	133.85M	137.05M	139.59M	139.53M	139.52M	143.93M	147.00M	152.28M	152.28M	155.47M
Normalized Net Operating Profit after Tax (NOPAT)	738	-205	-160	259	707	-187	-144	305	653	-198	-146
Normalized NOPAT Margin	32.41%	-114.65%	-82.47%	24.36%	32.38%	-104.53%	-78.58%	29.56%	31.19%	-119.13%	-81.33%
Pre Tax Income Margin	42.08%	-174.40%	-119.84%	32.96%	41.53%	-157.96%	-115.54%	36.34%	40.86%	-179.08%	-122.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	39.81	-13.36	-13.66	23.20	35.80	-12.24	-12.38	24.64	39.36	-14.70	-12.99
NOPAT to Interest Expense	29.90	-9.44	-10.09	16.41	27.14	-8.76	-9.10	19.22	29.28	-10.44	-9.25
EBIT Less CapEx to Interest Expense	38.90	-14.75	-14.84	22.57	34.99	-13.17	-13.20	23.81	38.68	-16.03	-14.01
NOPAT Less CapEx to Interest Expense	28.98	-10.84	-11.27	15.78	26.33	-9.69	-9.91	18.40	28.60	-11.78	-10.27
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	34.00%	35.09%	30.96%	30.20%	28.02%	30.14%	31.82%	32.13%	37.29%	35.47%	33.64%
Augmented Payout Ratio	111.47%	117.17%	110.71%	93.96%	119.01%	128.38%	124.29%	134.89%	116.12%	155.38%	145.44%

Frequently Asked Questions About H&R Block's Financials

When does H&R Block's financial year end?

According to the most recent income statement we have on file, H&R Block's fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has H&R Block's net income changed over the last 9 years?

H&R Block's net income appears to be on an upward trend, with a most recent value of $595.32 million in 2024, rising from $473.66 million in 2015. The previous period was $553.70 million in 2023. Check out H&R Block's forecast to explore projected trends and price targets.

What is H&R Block's operating income?

H&R Block's total operating income in 2024 was $805.28 million, based on the following breakdown:

Total Gross Profit: $1.62 billion
Total Operating Expenses: $813.50 million

How has H&R Block revenue changed over the last 9 years?

Over the last 9 years, H&R Block's total revenue changed from $3.08 billion in 2015 to $3.61 billion in 2024, a change of 17.3%.

How much debt does H&R Block have?

H&R Block's total liabilities were at $3.13 billion at the end of 2024, a 2.9% increase from 2023, and a 16.6% increase since 2015.

How much cash does H&R Block have?

In the past 9 years, H&R Block's cash and equivalents has ranged from $885.02 million in 2022 to $2.66 billion in 2020, and is currently $1.05 billion as of their latest financial filing in 2024.

How has H&R Block's book value per share changed over the last 9 years?

Over the last 9 years, H&R Block's book value per share changed from 6.66 in 2015 to 0.65 in 2024, a change of -90.2%.

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This page (NYSE:HRB) was last updated on 5/30/2025 by MarketBeat.com Staff

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H&R Block (HRB) Financials

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H&R Block (HRB) Financials

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