HRB Stock Analysis: H&R Block | NYSE

Tax Preparation, Refund Advances, Prepaid Debit, Small Business

Total Rating 71

Safety 77

Buy Signal 0.77

Personal Services
Industry Rotation: +20.2

Market Cap: 5.40B
Avg Turnover: 86.8M

Risk 3d forecast

Volatility36.6%

VaR 5^th Pctl6.24%

VaR vs Median3.52%

Choppyness47.8%

Reward TTM

Sharpe Ratio0.12

Rel. Str. IBD84.4

Rel. Str. Peer Group83.3

Character TTM

Beta-0.455

Beta Downside-0.381

Hurst Exponent0.526

Drawdowns 3y

Max DD55.54%

CAGR/Max DD0.14

CAGR/Mean DD0.41

EPS (Earnings per Share)

EPS CAGR: 9.95%
EPS Trend: 80.0%

Last SUE: 0.57
Qual. Beats: 0

Revenue

Rev. CAGR: 4.55%
Rev. Trend: 98.3%

Last SUE: 1.49
Qual. Beats: 2

Warnings

Extended 1w

Tailwinds

Idiosyncratic Leader

Seasonality 11.7 years of data

Jan +0.1% 5

Feb -2.4% 32

Mar +0.1% 7

Apr +2.4% 5

May +2.8% 6

Jun +0.5% 7

Jul +1.2% 20

Aug +1.3% 10

Sep -0.2% 2

Oct -2.7% 21

Nov +0.5% 0

Dec -1.8% 14

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: HRB H&R Block

H&R Block, Inc. (NYSE: HRB) is a leading provider of assisted and do-it-yourself (DIY) tax preparation services, operating in the United States, Canada, and Australia. The company delivers its services through company-owned and franchised retail offices, with options for both in-person and virtual assistance, giving it a hybrid distribution model within the Consumer Discretionary sector (Specialized Consumer Services sub-industry).

Beyond core tax return preparation, H&R Block generates revenue from a suite of financial products and services, including refund transfers, the Peace of Mind extended service plan, prepaid and debit card offerings (Emerald Prepaid Mastercard and Spruce), and short-term lending products such as Emerald Advance term loans, refund advance loans, and Instant Refund. These ancillary products complement the seasonal tax business and are a notable feature of the companys diversified service model.

The company also targets small businesses with payment processing, payroll, and bookkeeping solutions, and offers identity protection services through its Tax Identity Shield program. Incorporated in 1955 and headquartered in Kansas City, Missouri, H&R Block is a mid-cap ($5,201M USD) company that has been listed on the NYSE since November 1986.

Headlines to Watch Out For

IRS Direct File program pressures DIY tax segment market share
Refund advance loan volume drives financial product revenue and margins
Share repurchases and dividends support capital returns to shareholders

Piotroski VR-10 (Strict) 8.0

Net Income: 733.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.23 > 0.02 and ΔFCF/TA 4.87 > 1.0
NWC/Revenue: 3.35% < 20% (prev -3.62%; Δ 6.97% < -1%)
CFO/TA 0.26 > 3% & CFO 838.7m > Net Income 733.6m
Net Debt (1.75b) to EBITDA (1.06b): 1.66 < 3
Current Ratio: 1.13 > 1.5 & < 3
Outstanding Shares: last quarter (127.0m) vs 12m ago -6.16% < -2%
Gross Margin: 60.36% > 18% (prev 44.53%; Δ 15.83% > 0.5%)
Asset Turnover: 121.0% > 50% (prev 115.2%; Δ 5.79% > 0%)
Interest Coverage Ratio: 11.59 > 6 (EBIT TTM 934.5m / Interest Expense TTM 80.6m)

Altman Z'' 2.26

A: 0.04 (Total Current Assets 1.13b - Total Current Liabilities 993.4m) / Total Assets 3.26b
B: 0.01 (Retained Earnings 30.8m / Total Assets 3.26b)
C: 0.29 (EBIT TTM 934.5m / Avg Total Assets 3.26b)
D: 0.04 (Book Value of Equity 117.5m / Total Liabilities 3.14b)
Altman-Z'' = 2.26 = BBB

Beneish M -3.36

DSRI: 0.87 (Receivables 58.2m/63.6m, Revenue 3.95b/3.76b)
GMI: 0.74 (GM 44.53% / 60.36%)
AQI: 0.97 (AQ_t 0.43 / AQ_t-1 0.44)
SGI: 1.05 (Revenue 3.95b / 3.76b)
TATA: -0.03 (NI 733.6m - CFO 838.7m) / TA 3.26b)
Beneish M = -3.36 (Cap -4..+1) = AA

What is the price of HRB shares?

As of October 17, 2026, the stock is trading at USD 48.67 with a total of 1,759,873 shares traded. Over the past week, the price has changed by +10.49%, over one month by +7.89%, over three months by +17.36% and over the past year by -0.98%.

Current recommended Stop Loss: 45.30 (which is 6.9% or 2.1 ATR below the current price).

Is HRB a buy, sell or hold?

H&R Block has received a consensus analysts rating of 2.80. Therefore, it is recommended to hold HRB.

StrongBuy: 0
Buy: 1
Hold: 3
Sell: 0
StrongSell: 1

What are the forecasts/targets for the HRB price?

Analysts Target Price	51.7	6.2%

H&R Block (HRB) - Fundamental Data Overview as of 13 October 2026

Market Cap USD = 5.40b (5.40b USD * 1.0 USD.USD)
P/E Trailing = 7.8381
P/E Forward = 6.7981
P/S = 1.3676
P/B = 44.9678
P/EG = 0.5438
Revenue TTM = 3.95b USD
EBIT TTM = 934.5m USD
EBITDA TTM = 1.06b USD
Long Term Debt = 1.49b USD (from longTermDebt, last quarter)
Short Term Debt = 228.8m USD (from shortTermDebt, last quarter)
Debt = 2.71b USD (from shortLongTermDebtTotal, last quarter) + Leases 610.9m
Net Debt = 1.75b USD (calculated: Debt 2.71b - CCE 958.7m)
Enterprise Value = 7.15b USD (5.40b + Debt 2.71b - CCE 958.7m)
Interest Coverage Ratio = 11.59 (Ebit TTM 934.5m / Interest Expense TTM 80.6m)
EV/FCF = 9.46x (Enterprise Value 7.15b / FCF TTM 756.1m)
FCF Yield = 10.57% (FCF TTM 756.1m / Enterprise Value 7.15b)
FCF Margin = 19.16% (FCF TTM 756.1m / Revenue TTM 3.95b)
Net Margin = 18.59% (Net Income TTM 733.6m / Revenue TTM 3.95b)
Gross Margin = 60.36% ((Revenue TTM 3.95b - Cost of Revenue TTM 1.56b) / Revenue TTM)
Gross Margin QoQ = 72.36% (prev 56.97%)
Tobins Q-Ratio = 2.20 (Enterprise Value 7.15b / Total Assets 3.26b)
Interest Expense / Debt = 2.97% (Interest Expense 80.6m / Debt 2.71b)
Taxrate = 13.77% (117.6m / 853.9m)
NOPAT = 805.8m (EBIT 934.5m * (1 - 13.77%))
Current Ratio = 1.13 (Total Current Assets 1.13b / Total Current Liabilities 993.4m)
Debt / Equity = 23.09 (Debt 2.71b / totalStockholderEquity, last quarter 117.5m)
Debt / EBITDA = 1.66 (Net Debt 1.75b / EBITDA 1.06b)
Debt / FCF = 2.32 (Net Debt 1.75b / FCF TTM 756.1m)
Total Stockholder Equity = -320.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.50% (Net Income 733.6m / Total Assets 3.26b)
RoE = -229.1% (negative equity) (Net Income TTM 733.6m / Total Stockholder Equity -320.2m)
RoCE = 79.78% (EBIT 934.5m / Capital Employed (Equity -320.2m + L.T.Debt 1.49b))
RoIC = 35.12% (NOPAT 805.8m / Invested Capital 2.29b)
WACC = 3.77% (E(5.40b)/V(8.11b) * Re(4.38%) + D(2.71b)/V(8.11b) * Rd(2.97%) * (1-Tc(0.14)))
Discount Rate = 4.38% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.77 | Cagr: -4.71%
[DCF] Terminal Value 77.97% ; FCFF base≈693.2m ; Y1≈794.6m ; Y5≈1.17b
[DCF] Fair Price = 129.3 (EV 17.6b - Net Debt 1.75b = Equity 15.8b / Shares 122.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 80.01 | EPS CAGR: 9.95% | SUE: 0.57 | # QB: 0
Revenue Correlation: 98.28 | Revenue CAGR: 4.55% | SUE: 1.49 | # QB: 2
EPS current Quarter (2026-09-30): EPS=-1.41 | Chg30d=-2.37% | Revisions=-40% | Analysts=4
EPS next Quarter (2026-12-31): EPS=-2.00 | Chg30d=+0.00% | Revisions=-25% | Analysts=4
EPS current Year (2027-06-30): EPS=6.15 | Chg30d=+0.07% | Revisions=+38% | GrowthEPS=+15.8% | GrowthRev=+4.8%
EPS next Year (2028-06-30): EPS=6.92 | Chg30d=+0.20% | Revisions=+0% | GrowthEPS=+12.5% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +0% (up=5, down=5)