HRB Stock Analysis: H&R Block | NYSE
Personal Services | NYSE, USA | Market Cap: 6.246m USD | 12M Return: 16.4% | US0936711052 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 89.9M
EPS Trend: 77.7%
Qual. Beats: 0
Rev. Trend: 98.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
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.
- 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
| Net Income: 710.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.28 > 0.02 and ΔFCF/TA 5.83 > 1.0 |
| NWC/Revenue: -5.76% < 20% (prev -4.65%; Δ -1.11% < -1%) |
| CFO/TA 0.31 > 3% & CFO 837.1m > Net Income 710.9m |
| Net Debt (2.31b) to EBITDA (1.03b): 2.23 < 3 |
| Current Ratio: 0.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (123.1m) vs 12m ago -6.48% < -2% |
| Gross Margin: 57.42% > 18% (prev 46.90%; Δ 10.52% > 0.5%) |
| Asset Turnover: 149.5% > 50% (prev 143.8%; Δ 5.61% > 0%) |
| Interest Coverage Ratio: 11.53 > 6 (EBIT TTM 908.1m / Interest Expense TTM 78.7m) |
| A: -0.09 (Total Current Assets 578.3m - Total Current Liabilities 806.8m) / Total Assets 2.69b |
| B: -0.12 (Retained Earnings -318.3m / Total Assets 2.69b) |
| C: 0.34 (EBIT TTM 908.1m / Avg Total Assets 2.65b) |
| D: -0.08 (Book Value of Equity -242.3m / Total Liabilities 2.93b) |
| Altman-Z'' = 1.27 = BB |
| DSRI: 0.94 (Receivables 63.6m/64.1m, Revenue 3.97b/3.77b) |
| GMI: 0.82 (GM 46.90% / 57.42%) |
| AQI: 0.94 (AQ_t 0.51 / AQ_t-1 0.54) |
| SGI: 1.05 (Revenue 3.97b / 3.77b) |
| TATA: -0.05 (NI 710.9m - CFO 837.1m) / TA 2.69b) |
| Beneish M = -3.24 (Cap -4..+1) = AA |
As of November 14, 2026, the stock is trading at USD 50.01 with a total of 1,413,628 shares traded. Over the past week, the price has changed by -5.09%, over one month by +14.10%, over three months by -5.39% and over the past year by +16.44%.
Current recommended Stop Loss: 45.20 (which is 9.6% or 2.6 ATR below the current price).
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
| Analysts Target Price | 53 | 6% |
P/E Trailing = 8.9613
P/E Forward = 8.0841
P/S = 1.5748
P/B = 53.1518
P/EG = 0.6469
Revenue TTM = 3.97b USD
EBIT TTM = 908.1m USD
EBITDA TTM = 1.03b USD
Long Term Debt = 1.49b USD (from longTermDebt, last quarter)
Short Term Debt = 221.8m USD (from shortTermDebt, last quarter)
Debt = 2.70b USD (from shortLongTermDebtTotal, last quarter) + Leases 602.3m
Net Debt = 2.31b USD (calculated: Debt 2.70b - CCE 390.5m)
Enterprise Value = 8.55b USD (6.25b + Debt 2.70b - CCE 390.5m)
Interest Coverage Ratio = 11.53 (Ebit TTM 908.1m / Interest Expense TTM 78.7m)
EV/FCF = 11.45x (Enterprise Value 8.55b / FCF TTM 746.9m)
FCF Yield = 8.73% (FCF TTM 746.9m / Enterprise Value 8.55b)
FCF Margin = 18.83% (FCF TTM 746.9m / Revenue TTM 3.97b)
Net Margin = 17.92% (Net Income TTM 710.9m / Revenue TTM 3.97b)
Gross Margin = 57.42% ((Revenue TTM 3.97b - Cost of Revenue TTM 1.69b) / Revenue TTM)
Gross Margin QoQ = -38.31% (prev 72.36%)
Tobins Q-Ratio = 3.18 (Enterprise Value 8.55b / Total Assets 2.69b)
Interest Expense / Debt = 2.92% (Interest Expense 78.7m / Debt 2.70b)
Taxrate = 13.96% (115.8m / 829.4m)
NOPAT = 781.3m (EBIT 908.1m * (1 - 13.96%))
Current Ratio = 0.72 (Total Current Assets 578.3m / Total Current Liabilities 806.8m)
Debt / Equity = -11.13 (negative equity) (Debt 2.70b / totalStockholderEquity, last quarter -242.3m)
Debt / EBITDA = 2.23 (Net Debt 2.31b / EBITDA 1.03b)
Debt / FCF = 3.09 (Net Debt 2.31b / FCF TTM 746.9m)
Total Stockholder Equity = -243.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 26.79% (Net Income 710.9m / Total Assets 2.69b)
RoE = -292.5% (negative equity) (Net Income TTM 710.9m / Total Stockholder Equity -243.1m)
RoCE = 72.71% (EBIT 908.1m / Capital Employed (Equity -243.1m + L.T.Debt 1.49b))
RoIC = 41.06% (NOPAT 781.3m / Invested Capital 1.90b)
WACC = 3.59% (E(6.25b)/V(8.94b) * Re(4.06%) + D(2.70b)/V(8.94b) * Rd(2.92%) * (1-Tc(0.14)))
Discount Rate = 4.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.27 | Cagr: -6.09%
[DCF] Terminal Value 77.97% ; FCFF base≈678.6m ; Y1≈777.9m ; Y5≈1.14b
[DCF] Fair Price = 121.8 (EV 17.2b - Net Debt 2.31b = Equity 14.9b / Shares 122.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 77.66 | EPS CAGR: 9.02% | SUE: 0.0 | # QB: 0
Revenue Correlation: 98.33 | Revenue CAGR: 4.59% | SUE: 0.54 | # QB: 0
EPS current Quarter (2026-12-31): EPS=-2.08 | Chg30d=-4.51% | Revisions=-25% | Analysts=4
EPS next Quarter (2027-03-31): EPS=7.05 | Chg30d=+1.04% | Revisions=+25% | Analysts=4
EPS current Year (2027-06-30): EPS=6.15 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+15.8% | GrowthRev=+4.9%
EPS next Year (2028-06-30): EPS=6.96 | Chg30d=+0.51% | Revisions=-25% | GrowthEPS=+13.1% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: -29% (up=1, down=3)