HRBNYSEServices-Personal ServicesFiscal year ends June 30
H&R BLOCK INC
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 14, 2026
$47.37−1.30 (-2.67%)
Close on Oct 19, 2026
- Market cap
- $6.02B
- P/E (TTM)
- 8.4
- Dividend yield
- 3.55%
Margins
Share of revenue, fiscal years 2011 to 2026
Gross margin
44.3%+9.2 pts over 5 years
Operating margin
–
Net margin
18.6%+18.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.9% | +4.4% | +2.9% | +2.6% | |
| Gross profit | +4.4% | +4.1% | +2.2% | +2.6% | |
| Net income | +21.1% | +9.8% | +4.7% | +7.0% | |
| EPS, diluted | +28.9% | +17.3% | +12.9% | +14.3% | |
| Free cash flow | +26.3% | +0.2% | +5.7% | +5.5% | |
| Dividend per share | +12.0% | +13.1% | +44.1% | +7.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 40.3% | -2.5% | 710.9% | |
| Return on assets | 10.2% | -0.2% | 22.5% | |
| Current ratio | 1.17 | 1.96 | 1.13 | |
| Debt to equity | 64.59 | 49.20 | 12.69 | |
| Capex to revenue | 3.3% | 3.1% | 2.1% | |
| Diluted shares | 251M | 198M | 129M |
Where the cash went
Fiscal 2021 to 2026, five years combined
H&R Block generated $3.69B from operations and spent $1.31B on capital expenditure, dividends and share buybacks. 27% of that went back into the business.
Generated
$3.69B
Used
$1.31B
Capital expenditure$350.82M27%Dividends$961.10M73%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.6%
×Asset turnover1.21×
×Equity multiplier31.59×
=Return on equity, FY2026710.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 18.6% | 1.21× | 31.59× | 710.9% |
| FY2025 | 16.1% | 1.16× | 36.12× | 675.0% |
| FY2024 | 16.5% | 1.15× | 51.29× | 970.7% |
| FY2021 | 17.1% | 0.78× | 20.70× | 275.7% |
| FY2020 | -0.3% | 0.63× | 13.73× | -2.5% |
| FY2019 | 13.7% | 0.96× | 6.89× | 90.4% |
| FY2018 | 19.4% | 1.08× | 17.53× | 368.4% |
| FY2017 | 13.5% | 1.10× | -146.67× | -2164.9% |
| FY2016 | 12.3% | 0.83× | 3.97× | 40.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
7of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$733.60M
- Cash generatingOperating cash flow above zero$838.70M
- Return on assets improvedROA up on the prior year18.8% → 22.5%
- Earnings backed by cashOperating cash flow above net income$838.70M vs $733.60M
- Less leverageLong-term debt to assets fell35.0% → 45.8%
- Better liquidityCurrent ratio rose0.90 → 1.13
- No dilutionShare count did not rise137M → 129M
- Gross margin improvedGross margin up on the prior year44.53% → 44.33%
- More efficientAsset turnover rose1.17 → 1.21