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H&R BLOCK INC HRB

NYSE · stock · Services-Personal Services · website · IPO 1969-10-13 · LEI

H&R BLOCK INC statistics & valuation

P / E7.8×
P / S1.3×
P / B53.1×
P / FCF7.9×
Net margin16.1%
FCF margin15.9%
Net debt$509.9M
Enterprise value USD$5.2B
Graham number -85.2%$8.00

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($8.00); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
12.30% 13.50% 19.40% 13.70% -0.30% 17.10% 16.00% 15.90% 16.50% 16.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
1620.00% 155.70% 78.00% -10.60% 165.70% 261.60% 1726.90% 657.10% 681.40% 2016201720182019202020212022202320242025
Shares outstanding
250.8M 214.1M 210.2M 206.7M 198.1M 188.8M 171.4M 157.2M 143.9M 137.3M 2016201720182019202020212022202320242025
Net debt ($)
$595.4M $482.7M -$49.3M -$79.5M $833.3M $555.8M $601.9M $502.0M $437.8M $509.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
13.10% 15.20% 19.50% 12.80% -0.10% 16.00% 16.90% 18.00% 18.50% 18.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
14.60% 15.20% 23.80% 16.50% 1.00% 16.80% 21.60% 21.70% 18.20% 15.90% 2016201720182019202020212022202320242025
Debt / equity (×)
64.59× 3.80× 2.76× 49.20× 4.23× 7.03× 46.44× 16.46× 16.80× 2016201720182019202020212022202320242025
EPS ($)
$1.49 $1.91 $2.91 $2.04 -$0.04 $3.08 $3.22 $3.51 $4.12 $4.39 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

H&R BLOCK INC trades at about 12.3× earnings — near its 10-year norm (10-year range 8.1×–18.6×, median 12.9×).

8.1× 18.6×

Shaded band = 10-year range (8.1×–18.6×); dot = today's 12.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin16.1%16.5%15.9%16.0%17.1%-0.3%13.7%19.4%13.5%12.3%
FCF margin15.9%18.2%21.7%21.6%16.8%1.0%16.5%23.8%15.2%14.6%
Return on assets18.6%18.5%18.0%16.9%16.0%-0.1%12.8%19.5%15.2%13.1%
Return on equity681.4%657.1%1726.9%261.6%165.7%-10.6%78.0%155.7%-671.7%1620.0%
Debt / equity16.80×16.46×46.44×7.03×4.23×49.20×2.76×3.80×-24.54×64.59×
Current ratio0.901.271.261.391.461.962.162.241.431.17

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.