HRB Stock Analysis: H&R Block | NYSE
Personal Services | NYSE, USA | Market Cap: 6.441m USD | 12M Return: 7.6% | US0936711052 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 116M
EPS Trend: 80.0%
Qual. Beats: 0
Rev. Trend: 98.3%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.6 years of data
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.
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.
- IRS Direct File expansion threatens DIY market share
- Federal funds rate drives interest income on financial products
- Capital returns continue through dividends and buybacks
| 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 (1.68b) to EBITDA (1.06b): 1.59 < 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) |
| 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 |
| 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 |
As of August 21, 2026, the stock is trading at USD 53.04 with a total of 948,264 shares traded. Over the past week, the price has changed by -0.56%, over one month by +27.19%, over three months by +34.73% and over the past year by +7.59%.
Current recommended Stop Loss: 49.80 (which is 6.1% or 1.4 ATR below the current price).
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
| Analysts Target Price | 50.7 | -4.5% |
P/E Trailing = 9.1828
P/E Forward = 8.0775
P/S = 1.6324
P/B = 53.4452
P/EG = 0.6463
Revenue TTM = 3.95b USD
EBIT TTM = 934.5m USD
EBITDA TTM = 1.06b USD
Long Term Debt = 1.49b USD (from longTermDebt, last fiscal year)
Short Term Debt = 228.8m USD (from shortTermDebt, last quarter)
Debt = 2.64b USD (from shortLongTermDebtTotal, last quarter) + Leases 534.8m
Net Debt = 1.68b USD (calculated: Debt 2.64b - CCE 958.7m)
Enterprise Value = 8.12b USD (6.44b + Debt 2.64b - CCE 958.7m)
Interest Coverage Ratio = 11.59 (Ebit TTM 934.5m / Interest Expense TTM 80.6m)
EV/FCF = 10.74x (Enterprise Value 8.12b / FCF TTM 756.1m)
FCF Yield = 9.31% (FCF TTM 756.1m / Enterprise Value 8.12b)
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 = 2.49 (Enterprise Value 8.12b / Total Assets 3.26b)
Interest Expense / Debt = 3.06% (Interest Expense 80.6m / Debt 2.64b)
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 = 22.45 (Debt 2.64b / totalStockholderEquity, last quarter 117.5m)
Debt / EBITDA = 1.59 (Net Debt 1.68b / EBITDA 1.06b)
Debt / FCF = 2.22 (Net Debt 1.68b / 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 = 3.87% (E(6.44b)/V(9.08b) * Re(4.38%) + D(2.64b)/V(9.08b) * Rd(3.06%) * (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 = 129.2 (EV 17.6b - Net Debt 1.68b = Equity 15.9b / 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=-2.00 | Chg30d=+8.49% | Revisions=-25% | Analysts=4
EPS current Year (2027-06-30): EPS=6.61 | Chg30d=N/A | Revisions=+25% | GrowthEPS=+16.7% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +0% (up=1, down=1)