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H&R Block HRB
$ 39.95 1.06%
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Quarterly report 2026-Q3
added 05-06-2026

H&R Block Financial Ratios 2025-2007 | HRB

Brief overview of H&R Block's market valuation

Ratios are assessed across five available annual reports in the 2021–2025 interval.

Key multiples at the end of the period are P/E 11.23x (median 12.01x), EV/EBITDA 76.98x (median 62.04x), P/S 1.81x (median 1.92x). Current valuation broadly matches recent historical reference points; the difference from five-year medians is 0%.

The inverse P/E implies an earnings yield of 8.9%. This is not a dividend yield, but current earnings relative to market price.

Capital efficiency is characterized by ROE 6.8%, ROA 18.6%, ROCE 25.9%. Quality ratios send a mostly positive signal: resources are productive, with room for improvement.

Price, earnings and growth produce a PEG of 0.13x. A value below one indicates moderate pricing relative to expected growth.

A shorter cycle, from 87 days to 6.4 days, indicates faster release of cash from operations.

Conclusion

H&R Block's valuation and business quality look relatively balanced, with no pronounced distortion in either direction.

Annual Financial Ratios H&R Block

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

11.2 13.7 10.8 12.0 45.8 -298.3 13.0 9.6 13.7 14.0 18.4 17.2 18.7 17.2 12.2 -48.2 -38.9 - -

P/S

1.8 2.3 1.7 1.9 8.8 10.8 1.8 1.9 1.8 1.7 2.8 2.7 2.8 1.6 1.4 44.0 15.3 - -

EPS

4.5 4.2 3.6 3.3 3.1 -0.1 2.0 2.9 1.9 1.5 1.7 1.7 1.6 0.9 1.3 -0.4 -0.4 -0.9 -

EV (Enterprise Value)

8.99 B 10.2 B 8.03 B 8.82 B 6.14 B 5.32 B 6.66 B 7.07 B 7.34 B 7.16 B 9.4 B 9.11 B 9.63 B 5.96 B 7.02 B 7.25 B 7.3 B -665 M -817 M

EBITDA per Share

0.86 0.86 0.85 0.84 0.14 0.86 3.81 4.48 3.66 2.77 3.06 2.87 2.89 2.25 2.11 2.53 2.89 - -

EV/EBITDA

77.0 84.0 61.6 62.0 40.2 11.8 6.9 6.2 7.8 8.4 8.6 8.8 9.2 6.7 7.9 8.6 7.6 -0.8 -

PEG

0.13 0.2 0.17 0.17 -1.88 31.39 -0.43 0.18 0.49 -1.09 -31.87 1.95 0.24 -0.54 -1.38 - - - -

P/B

76.5 90.1 186.5 31.4 10.6 44.3 10.1 14.9 -91.9 226.0 4.8 5.2 6.4 3.5 3.4 3.6 3.6 - -

P/CF

10.0 11.3 7.3 8.2 117.8 28.9 10.7 7.8 12.1 12.1 17.3 12.3 21.1 16.4 11.0 9.0 4.9 - -

ROE %

681.44 657.13 1726.86 261.62 23.09 -14.85 78.02 155.74 -671.69 1619.99 25.84 30.53 34.34 20.06 28.02 -7.57 -9.15 -31.25 -

ROA %

18.56 18.49 18.02 16.94 2.23 -0.21 12.80 19.52 15.18 13.10 10.49 10.12 9.56 5.72 7.80 -2.07 -2.40 - -

ROCE %

- - - - - - 25.91 32.74 40.80 34.83 30.13 32.06 27.59 26.66 17.75 49.55 59.67 71.83 -

Current Ratio

1.0 1.0 1.0 1.1 1.1 1.0 2.2 2.2 1.4 1.2 1.6 1.3 1.2 1.0 1.1 1.4 1.4 - -

DSO

6.4 6.5 6.2 7.8 87.0 170.4 16.4 18.4 19.6 18.4 19.9 23.1 26.0 25.3 49.4 1573.0 287.0 - -

DPO

- - - - - - 51.8 52.9 42.1 49.5 45.2 110.6 119.2 128.6 93.4 - - - -

Operating Cycle

6.4 6.5 6.2 7.8 87.0 170.4 16.4 18.4 19.6 18.4 19.9 23.1 26.0 25.3 49.4 1573.0 287.0 - -

Cash Conversion Cycle

6.4 6.5 6.2 7.8 87.0 170.4 -35.4 -34.5 -22.5 -31.1 -25.3 -87.5 -93.2 -103.3 -44.1 1573.0 287.0 - -

All numbers in USD currency

Quarterly Financial Ratios H&R Block

2026-Q3 2026-Q2 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1

EPS

6.66 -1.92 -1.92 -1.26 -1.8 5.37 -1.8 -1.24 -1.33 4.93 -1.33 -1.12 -1.45 4.21 -1.45 -1.06 -2.5 4.12 -1.1 -0.85 -1.95 4.14 -1.39 -0.32 -1.18 0.47 -0.62 -0.95 -0.95 -0.74 -1.18 -0.86 -0.86 -0.74 -0.5 -0.74 -0.74 -0.63 -0.35 -0.68 -0.68 -0.56 -0.13 -0.55 -0.55 -0.36 -0.78 -0.41 -0.41 -0.42 -0.07 -0.39 -0.39 -0.42 -0.01 -0.39 -0.39 2 -0.04 -0.47 -0.57 2.15 0.15 - -

EBITDA per Share

0.25 0.24 - - 0.43 - - - 0.42 - - - 0.43 - 0.12 0.21 0.42 0.12 0.11 0.2 0.41 0.11 0.12 0.2 0.41 0.21 0.09 0.64 0.41 0.19 0.15 0.67 0.4 0.19 0.14 0.63 0.42 0.21 0.12 0.59 0.4 0.12 0.11 0.11 0.11 0.1 -1.15 0.1 -0.53 0.09 -0.27 -0.59 -1.18 -0.64 0.05 -0.55 -0.54 -0.56 -0.03 -0.63 -0.63 -0.9 0.28 - -

ROE %

-3390.05 116.84 -287.16 -288.68 -271.89 -275.23 -432.78 -436.13 -435.61 -425.42 -1661.34 -1651.16 -1635.00 -1854.97 1413.83 1430.23 390.36 487.41 -607.58 -607.36 448.86 616.96 278.65 286.49 454.77 623.05 503.92 479.91 794.45 1108.99 1081.14 1059.00 533.48 7.95 148.38 150.55 139.58 128.60 129.58 111.13 617.17 1123.22 1055.35 1027.31 486.00 -55.32 -57.67 -29.19 -31.14 -33.09 -35.19 -32.81 -37.01 -41.21 -43.50 -44.62 -45.86 -42.15 -41.53 -34.58 -30.16 -29.90 5.41 -12.01 -11.22

ROA %

2.14 -31.83 -1.31 -2.02 -2.46 -0.32 -1.08 1.06 1.32 -0.47 -1.59 -3.38 -3.45 -6.82 -9.39 -6.92 -4.84 -1.37 1.58 0.32 -3.93 0.12 -18.85 -16.37 -14.43 -16.78 -23.39 -28.06 -29.13 -30.21 -31.24 -25.70 -26.75 -27.81 -28.07 -26.87 -24.95 -23.02 -22.62 -20.60 -19.95 -19.26 -16.28 -21.55 -18.81 -16.10 -16.34 -10.68 -10.27 -9.85 -9.92 -9.54 -9.04 -8.53 -8.46 -8.61 -9.47 -10.06 -10.38 -9.48 -8.51 -8.16 0.68 -2.59 -2.94

ROCE %

-77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -77.98 -96.89 -47.64 -85.36 -71.22 -87.46 -73.33 -78.24 -64.35 -68.49 -71.41 -71.51 -64.42 -64.53 -51.07 -47.18 -48.44 10.09 -20.03 -17.99

Current Ratio

1.0 0.8 0.8 0.8 0.8 0.9 0.8 0.9 0.8 1.0 0.8 0.9 0.8 1.0 0.8 0.9 1.1 1.0 0.9 1.0 1.1 1.1 0.9 0.9 1.0 1.0 0.9 1.0 1.0 1.1 0.8 1.0 1.0 1.1 0.8 0.8 0.8 0.9 0.8 0.8 0.8 0.9 1.4 1.0 1.0 1.9 1.2 1.7 1.7 1.6 1.2 1.4 1.4 1.4 1.2 1.2 1.2 1.3 1.2 1.3 1.4 1.4 1.1 1.3 1.4

DSO

12.4 161.7 95.6 86.4 171.6 13.5 99.7 110.0 189.6 15.5 116.6 96.5 158.4 12.6 106.8 30.3 42.2 12.4 102.8 34.5 37.2 23.4 286.4 18.4 59.5 67.7 81.1 42.4 22.1 263.3 79.7 37.6 40.4 269.8 87.4 50.4 54.7 304.9 89.8 72.8 72.3 321.1 1012.6 67.3 1078.0 258.6 958.3 1042.2 560.3 5257.1 1287.6 1131.0 1086.3 4715.4 1341.2 1152.4 1114.7 5960.5 1060.2 1177.9 2103.7 12665.6 147.8 117.6 -

Operating Cycle

- - 95.6 93.4 - 13.5 99.7 98.1 - 15.5 116.6 76.8 - 12.6 106.8 30.3 42.2 12.4 102.8 34.5 37.2 23.4 286.4 18.4 59.5 67.7 81.1 42.4 22.1 263.3 79.7 37.6 40.4 269.8 87.4 50.4 54.7 304.9 89.8 72.8 72.3 321.1 1012.6 67.3 1078.0 258.6 958.3 1042.2 560.3 5257.1 1287.6 1131.0 1086.3 4715.4 1341.2 1152.4 1114.7 5960.5 1060.2 1177.9 2103.7 - - - -

Cash Conversion Cycle

- - 95.6 93.4 - 13.5 99.7 98.1 - 15.5 116.6 76.8 - 12.6 106.8 30.3 42.2 12.4 102.8 34.5 37.2 23.4 286.4 18.4 59.5 67.7 81.1 42.4 22.1 263.3 79.7 37.6 40.4 269.8 87.4 50.4 54.7 304.9 89.8 72.8 72.3 321.1 1012.6 67.3 1078.0 258.6 958.3 1042.2 560.3 5257.1 1287.6 1131.0 1086.3 4715.4 1341.2 1152.4 1114.7 5960.5 1060.2 1177.9 2103.7 - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company H&R Block, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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