HRB Stock Analysis: H&R Block | NYSE

Personal Services | NYSE, USA | Market Cap: 5.562m USD | 12M Return: -8.9% | US0936711052 | Charts, Fundamentals & Technical Analysis

Tax Preparation, Refund Transfers, Audit Protection, Small Business Services
Total Rating 69
Safety 73
Buy Signal 0.54
Personal Services
Industry Rotation: -4.9
Market Cap: 5.56B
Avg Turnover: 73.8M
Risk 3d forecast
Volatility31.4%
VaR 5th Pctl5.42%
VaR vs Median4.64%
Reward TTM
Sharpe Ratio-0.07
Rel. Str. IBD75
Rel. Str. Peer Group93.2
Character TTM
Beta-0.431
Beta Downside-0.313
Hurst Exponent0.522
Drawdowns 3y
Max DD55.54%
CAGR/Max DD0.11
CAGR/Mean DD0.34
EPS (Earnings per Share) EPS (Earnings per Share) of HRB over the last years for every Quarter: "2021-09": -0.78, "2021-12": -1.02, "2022-03": 4.11, "2022-06": 1.43, "2022-09": -0.99, "2022-12": -1.37, "2023-03": 4.2, "2023-06": 2.05, "2023-09": -1.05, "2023-12": -1.27, "2024-03": 4.94, "2024-06": 1.89, "2024-09": -1.17, "2024-12": -1.73, "2025-03": 5.38, "2025-06": 2.27, "2025-09": -1.2, "2025-12": -1.84, "2026-03": 6.02, "2026-06": 2.38,
EPS CAGR: 9.95%
EPS Trend: 80.0%
Last SUE: 0.57
Qual. Beats: 0
Revenue Revenue of HRB over the last years for every Quarter: 2021-09: 192.624, 2021-12: 158.816, 2022-03: 2061.757, 2022-06: 1050.073, 2022-09: 179.985, 2022-12: 166.405, 2023-03: 2093.649, 2023-06: 1032.146, 2023-09: 183.8, 2023-12: 179.083, 2024-03: 2184.834, 2024-06: 1062.63, 2024-09: 193.81, 2024-12: 179.07, 2025-03: 2277.104, 2025-06: 1111.011, 2025-09: 203.551, 2025-12: 198.865, 2026-03: 2398.107, 2026-06: 1144.869,
Rev. CAGR: 4.55%
Rev. Trend: 98.3%
Last SUE: 1.49
Qual. Beats: 2

Warnings

Below Avwap Earnings

Tailwinds

Idiosyncratic Leader

Seasonality 11.6 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 -0.7% 0
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. (HRB) is a leading provider of tax preparation services, offering both assisted and do-it-yourself (DIY) solutions across the United States, Canada, and Australia. The companys revenue is highly seasonal, concentrated in the U.S. tax season from January through April. Beyond core tax preparation, H&R Block generates recurring and complementary revenue through financial products such as Refund Transfers, Peace of Mind audit protection plans, Emerald Prepaid Mastercard and Spruce debit cards, Emerald Advance term loans, refund advance loans, and Tax Identity Shield services. The company has increasingly diversified into small business financial solutions, including payment processing, payroll, and bookkeeping services, which help reduce its reliance on seasonal tax revenue. H&R Block distributes its products through company-owned and franchised retail offices, online and mobile applications, virtual platforms, and desktop software. Founded in 1955 and headquartered in Kansas City, Missouri, HRB operates within the Consumer Discretionary sector under the Specialized Consumer Services sub-industry.

Headlines to Watch Out For
  • IRS Direct File expansion threatens DIY market share
  • Federal funds rate drives interest income on financial products
  • Capital returns continue through dividends and buybacks
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 September 19, 2026, the stock is trading at USD 44.81 with a total of 1,906,860 shares traded. Over the past week, the price has changed by -0.16%, over one month by -9.80%, over three months by +28.02% and over the past year by -8.86%.

Current recommended Stop Loss: 41.00 (which is 8.5% or 2.3 ATR below the current price).

Is HRB a buy, sell or hold?

H&R Block has received a consensus analysts rating of 2.75. Therefore, it is recommended to hold HRB.

  • StrongBuy: 0
  • Buy: 1
  • Hold: 2
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the HRB price?
Analysts Target Price 51.7 15.3%
H&R Block (HRB) - Fundamental Data Overview as of 13 September 2026
Market Cap USD = 5.56b (5.56b USD * 1.0 USD.USD)
P/E Trailing = 7.9297
P/E Forward = 7.1174
P/S = 1.4097
P/B = 47.0871
P/EG = 0.5695
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 = 7.32b USD (5.56b + Debt 2.71b - CCE 958.7m)
Interest Coverage Ratio = 11.59 (Ebit TTM 934.5m / Interest Expense TTM 80.6m)
EV/FCF = 9.68x (Enterprise Value 7.32b / FCF TTM 756.1m)
FCF Yield = 10.33% (FCF TTM 756.1m / Enterprise Value 7.32b)
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 = 2.25 (Enterprise Value 7.32b / 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 = 3.84% (E(5.56b)/V(8.27b) * Re(4.47%) + D(2.71b)/V(8.27b) * Rd(2.97%) * (1-Tc(0.14)))
Discount Rate = 4.47% (= 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 = 128.5 (EV 17.6b - Net Debt 1.75b = Equity 15.8b / Shares 123.3m; 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=-1.39 | Chg30d=+2.63% | Revisions=-25% | Analysts=4
EPS next Quarter (2026-12-31): EPS=-2.00 | Chg30d=+5.67% | Revisions=-25% | Analysts=4
EPS current Year (2027-06-30): EPS=6.15 | Chg30d=+4.98% | Revisions=+29% | GrowthEPS=+15.8% | GrowthRev=+4.8%
EPS next Year (2028-06-30): EPS=6.92 | Chg30d=-4.16% | Revisions=-25% | GrowthEPS=+12.5% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: -10% (up=3, down=4)