Cash flow H&R Block, Inc.

Stocks

HRB

US0936711052

Personal Services

Real-time Estimate Cboe BZX 12:47:48 21/08/26 am AEST			5-day change	1st Jan Change
53.12 ^USD	+1.67%		+0.03%	+22.43%

13/08	H&R Indicates 'Similar' Growth for Fiscal 2027, Oppenheimer Says	MT
13/08	Barrington Research Adjusts H&R Block PT to $60 From $50, Maintains Outperform Rating	MT

337415fa85b2532eda326a48502386.3SsRHbEcfkr0nip9NBs0mV_DRS50wWCu2wYgXRTnUpE.tmIkS-RkLgbHykINfld68BC2BmwumS7p73NGbnOJGciUU1Zp7jEvfLjZSQ

Published financial data: H&R BLOCK, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2022	2023	2024	2025	2026
Revenues	3.46B	3.47B	3.61B	3.76B	3.95B
Total Revenues	3.46B	3.47B	3.61B	3.76B	3.95B
Cost of Goods Sold, Total	1.88B	1.92B	1.99B	2.09B	2.2B
Gross Profit	1.58B	1.55B	1.62B	1.67B	1.75B
Selling General & Admin Expenses, Total	837M	800M	814M	847M	841M
Depreciation & Amortization - (IS)	-	-	-	-	-
Other Operating Expenses, Total	837M	800M	814M	847M	841M
Operating Income	745M	749M	805M	828M	908M
Interest Expense, Total	-88.28M	-72.98M	-79.08M	-78.11M	-80.61M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-88.28M	-72.98M	-79.08M	-78.11M	-80.61M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	2.45M	35.49M	36.12M	31.55M	26.81M
EBT, Excl. Unusual Items	659M	711M	762M	781M	854M
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
EBT, Incl. Unusual Items	659M	711M	762M	781M	854M
Income Tax Expense	98.42M	149M	164M	172M	118M
Earnings From Continuing Operations	561M	562M	598M	609M	736M
Earnings Of Discontinued Operations	-6.97M	-8.1M	-2.65M	-3.68M	-2.72M
Net Income to Company	554M	554M	595M	606M	734M
Net Income - (IS)	554M	554M	595M	606M	734M
Preferred Dividend and Other Adjustments	2.47M	2.27M	2.39M	2.77M	3.69M
Net Income to Common Incl Extra Items	551M	551M	593M	603M	730M
Net Income to Common Excl. Extra Items	558M	560M	596M	607M	733M
Per Share Items
Net EPS - Basic	3.27	3.58	4.18	4.45	5.72
Basic EPS - Continuing Operations	3.31	3.63	4.2	4.47	5.74
Basic Weighted Average Shares Outstanding	169M	154M	142M	136M	128M
Net EPS - Diluted	3.22	3.51	4.12	4.39	5.67
Diluted EPS - Continuing Operations	3.26	3.56	4.14	4.42	5.69
Diluted Weighted Average Shares Outstanding	171M	157M	144M	137M	129M
Normalized Basic EPS	2.44	2.89	3.36	3.6	4.18
Normalized Diluted EPS	2.4	2.83	3.31	3.56	4.14
Dividend Per Share	1.08	1.16	1.28	1.5	1.68
Payout Ratio	33.68	32.13	30.2	32.57	28.76
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	887M	879M	927M	945M	1.03B
EBITA	822M	821M	866M	876M	955M
EBIT	745M	749M	805M	828M	908M
EBITDAR	1.2B	1.2B	1.26B	1.28B	1.38B
Total Revenues (As Reported)	3.46B	3.47B	3.61B	3.76B	3.95B
Effective Tax Rate - (Ratio)	14.93	21.01	21.56	22.01	13.77
Current Domestic Taxes	146M	116M	201M	174M	26.54M
Current Foreign Taxes	8.96M	18.21M	18.24M	21.69M	49.11M
Total Current Taxes	155M	135M	220M	196M	75.65M
Deferred Domestic Taxes	-60.5M	25.23M	-71.19M	-57.11M	8.55M
Deferred Foreign Taxes	3.54M	-10.48M	15.95M	33.36M	33.37M
Total Deferred Taxes	-56.96M	14.74M	-55.24M	-23.75M	41.92M
Normalized Net Income	412M	445M	476M	488M	534M
Supplemental Operating Expense Items
Marketing Expenses	284M	286M	278M	286M	278M
Selling and Marketing Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	97.93M	103M	109M	119M	129M
Net Rental Expense, Total	312M	323M	330M	336M	347M
Imputed Operating Lease Interest Expense	101M	97.61M	107M	105M	109M
Imputed Operating Lease Depreciation	211M	225M	223M	231M	239M
Stock-Based Comp., Other (Total)	34.25M	31.33M	34.28M	32.5M	30.48M
Total Stock-Based Compensation	34.25M	31.33M	34.28M	32.5M	30.48M

Fiscal Period: June	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	885M	987M	1.05B	983M	959M
Total Cash And Short Term Investments	885M	987M	1.05B	983M	959M
Accounts Receivable, Total	44.34M	42.77M	53.09M	47.95M	39.32M
Other Receivables	217M	53.13M	15.99M	15.67M	18.93M
Total Receivables	261M	95.9M	69.08M	63.62M	58.25M
Prepaid Expenses	72.46M	76.27M	95.21M	95.79M	89.41M
Restricted Cash	166M	28.34M	21.87M	19.86M	19.2M
Total Current Assets	1.38B	1.19B	1.24B	1.16B	1.13B
Gross Property Plant And Equipment	1.41B	1.41B	1.43B	1.49B	1.6B
Accumulated Depreciation	-857M	-846M	-839M	-829M	-864M
Net Property Plant And Equipment	552M	568M	593M	656M	739M
Goodwill	760M	775M	785M	802M	813M
Other Intangibles, Total	310M	277M	264M	259M	267M
Accounts Receivable Long-Term	33.69M	33.53M	43.4M	46.52M	48.94M
Deferred Tax Assets Long-Term	209M	211M	272M	318M	240M
Other Long-Term Assets, Total	20.32M	19.04M	21.65M	19.39M	23.48M
Total Assets	3.27B	3.07B	3.22B	3.26B	3.26B
Liabilities
Accounts Payable, Total	157M	156M	146M	142M	153M
Accrued Expenses, Total	155M	95.15M	106M	107M	122M
Short-term Borrowings	2.7M	3.3M	-	-	-
Current Portion of Long-Term Debt	-	-	-	350M	-
Current Portion of Leases	207M	205M	206M	209M	229M
Current Income Taxes Payable	280M	272M	319M	296M	266M
Unearned Revenue Current, Total	128M	125M	115M	110M	121M
Other Current Liabilities	69.51M	81.64M	86.35M	84.25M	103M
Total Current Liabilities	999M	939M	977M	1.3B	993M
Long-Term Debt	1.49B	1.49B	1.49B	1.14B	1.49B
Long-Term Leases	229M	241M	265M	323M	382M
Unearned Revenue Non Current	70.99M	67.36M	63.31M	104M	71.2M
Deferred Tax Liability Non Current	-	3.94M	-	-	164M
Other Non Current Liabilities	272M	301M	331M	306M	36.98M
Total Liabilities	3.06B	3.04B	3.13B	3.18B	3.14B
Common Stock, Total	1.94M	1.79M	1.71M	1.64M	1.54M
Additional Paid In Capital	772M	770M	763M	767M	784M
Retained Earnings	120M	-48.68M	12.65M	12.06M	30.78M
Treasury Stock	-661M	-654M	-638M	-644M	-635M
Comprehensive Income and Other	-21.64M	-37.1M	-48.84M	-47.76M	-64.09M
Total Common Equity	212M	32.06M	90.59M	88.9M	117M
Total Equity	212M	32.06M	90.59M	88.9M	117M
Total Liabilities And Equity	3.27B	3.07B	3.22B	3.26B	3.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	160M	147M	140M	134M	123M
ECS Total Common Shares Outstanding	160M	146M	140M	134M	124M
Book Value / Share	1.32	0.22	0.65	0.66	0.95
Tangible Book Value	-858M	-1.02B	-959M	-973M	-962M
Tangible Book Value Per Share	-5.37	-6.98	-6.87	-7.26	-7.75
Total Debt	1.93B	1.94B	1.96B	2.03B	2.1B
Net Debt	1.04B	951M	909M	1.04B	1.14B
Debt Equivalent Oper. Leases	2.5B	2.58B	2.64B	2.69B	2.78B
Account Code - Inventory Valuation	-	3	3	3	3
Full Time Employees	3.8K	4K	4.2K	4.3K	4.6K
Accumulated Allowance for Doubtful Accounts (Supple)	65.35M	55.5M	61.18M	55.78M	57.5M

Fiscal Period: June	2022	2023	2024	2025	2026
Net Income	554M	554M	595M	606M	734M
Depreciation & Amortization - CF	64.68M	58.5M	60.68M	69.13M	75.04M
Amortization of Goodwill and Intangible Assets - (CF)	77.5M	72M	61.1M	47.7M	47.4M
Depreciation & Amortization, Total	142M	131M	122M	117M	122M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	34.25M	31.33M	34.28M	32.5M	30.48M
Provision and Write-off of Bad Debts	66.81M	52.29M	82.57M	65.19M	64.88M
Other Operating Activities, Total	-53.35M	49.58M	-40.94M	-34.61M	14M
Change In Accounts Receivable	-37.89M	-57.24M	-108M	-62.25M	-69.09M
Change In Accounts Payable	-19.64M	-67.63M	-4.66M	-23.01M	13.56M
Change in Unearned Revenues	7.34M	-4.77M	-28.51M	-1.58M	33.53M
Change In Income Taxes	119M	144M	75.44M	-20.61M	-97.08M
Change in Other Net Operating Assets	-3.54M	-10.08M	-6.03M	2.64M	-7.61M
Cash from Operations	809M	822M	721M	681M	839M
Capital Expenditure	-61.96M	-69.7M	-63.68M	-82.03M	-82.61M
Cash Acquisitions	-35.92M	-48.25M	-43.36M	-35.52M	-57.64M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	12.43M	5.72M	6.04M	2.08M	9.64M
Other Investing Activities, Total	8.9M	10.84M	7.14M	10.1M	5.8M
Cash from Investing	-76.54M	-101M	-93.86M	-105M	-125M
Short Term Debt Issued, Total	-	-	1.02B	1.95B	2.38B
Long-Term Debt Issued, Total	705M	970M	-	-	347M
Total Debt Issued	705M	970M	1.02B	1.95B	2.72B
Short Term Debt Repaid, Total	-	-	-1.02B	-1.95B	-2.38B
Long-Term Debt Repaid, Total	-1.2B	-970M	-	-	-350M
Total Debt Repaid	-1.2B	-970M	-1.02B	-1.95B	-2.72B
Issuance of Common Stock	6.33M	3.38M	-	-	-
Repurchase of Common Stock	-563M	-569M	-380M	-437M	-513M
Common Dividends Paid	-186M	-178M	-180M	-197M	-211M
Common & Preferred Stock Dividends Paid	-186M	-178M	-180M	-197M	-211M
Other Financing Activities, Total	-14.03M	-7.5M	-4.97M	-12.98M	-7.29M
Cash from Financing	-1.26B	-751M	-564M	-647M	-734M
Foreign Exchange Rate Adjustments	-8.1M	-4.86M	-2.81M	-121K	-4.9M
Net Change in Cash	-533M	-35.4M	59.88M	-72.05M	-25.24M
Supplemental Items
Cash Interest Paid	81.96M	69.55M	75.69M	74.64M	76.73M
Cash Income Tax Paid (Refund)	31.69M	-45.54M	131M	227M	202M
Levered Free Cash Flow	694M	754M	598M	511M	625M
Unlevered Free Cash Flow	749M	800M	648M	560M	675M
Change In Net Working Capital	-169M	-240M	-52.23M	24.86M	-37.57M
Net Debt Issued / Repaid	-500M	0	0	0	-3.02M

Fiscal Period: June	2022	2023	2024	2025	2026
Profitability
Return on Assets	12.78	14.76	16	15.96	17.4
Return on Total Capital	18.74	22.79	25.04	24.84	26.18
Return On Equity %	186.98	461.07	975.01	679.09	713.54
Return on Common Equity	186.16	459.2	971.11	676	709.97
Margin Analysis
Gross Profit Margin %	45.68	44.6	44.84	44.53	44.33
SG&A Margin	24.17	23.04	22.53	22.52	21.32
EBITDA Margin %	25.61	25.32	25.68	25.12	26.11
EBITA Margin %	23.75	23.64	24	23.28	24.21
EBIT Margin %	21.51	21.56	22.3	22.01	23.01
Income From Continuing Operations Margin %	16.19	16.18	16.56	16.2	18.66
Net Income Margin %	15.99	15.95	16.49	16.11	18.59
Net Avail. For Common Margin %	16.12	16.11	16.5	16.13	18.57
Normalized Net Income Margin	11.89	12.8	13.2	12.99	13.53
Levered Free Cash Flow Margin	20.03	21.72	16.58	13.59	15.84
Unlevered Free Cash Flow Margin	21.62	23.04	17.95	14.89	17.11
Asset Turnover
Asset Turnover	0.95	1.1	1.15	1.16	1.21
Fixed Assets Turnover	6.09	6.2	6.22	6.02	5.65
Receivables Turnover (Average Receivables)	58.9	79.73	75.33	74.45	90.41
Short Term Liquidity
Current Ratio	1.39	1.26	1.27	0.9	1.13
Quick Ratio	1.15	1.15	1.15	0.81	1.02
Operating Cash Flow to Current Liabilities	0.81	0.88	0.74	0.52	0.84
Days Sales Outstanding (Average Receivables)	6.2	4.58	4.86	4.9	4.04
Average Days Payable Outstanding	30.83	29.69	27.77	25.78	24.46
Long Term Solvency
Total Debt/Equity	909.74	6.04K	2.17K	2.28K	1.79K
Total Debt / Total Capital	90.1	98.37	95.59	95.8	94.71
LT Debt/Equity	810.7	5.39K	1.94K	1.65K	1.59K
Long-Term Debt / Total Capital	80.29	87.78	85.55	69.35	84.4
Total Liabilities / Total Assets	93.53	98.96	97.19	97.28	96.39
EBIT / Interest Expense	8.44	10.26	10.18	10.6	11.26
EBITDA / Interest Expense	13.58	16.47	15.9	16.4	17.09
(EBITDA - Capex) / Interest Expense	12.88	15.52	15.09	15.35	16.06
Total Debt / EBITDA	1.61	1.61	1.56	1.58	1.53
Net Debt / EBITDA	0.87	0.79	0.72	0.81	0.83
Total Debt / (EBITDA - Capex)	1.69	1.71	1.64	1.69	1.62
Net Debt / (EBITDA - Capex)	0.91	0.84	0.76	0.87	0.88
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.84	0.26	3.98	4.17	4.9
Gross Profit, 1 Yr. Growth %	13	-2.1	4.52	3.47	4.42
EBITDA, 1 Yr. Growth %	-6.98	-0.89	5.44	1.91	9.03
EBITA, 1 Yr. Growth %	-7.48	-0.21	5.57	1.07	9.07
EBIT, 1 Yr. Growth %	-7.6	0.51	7.56	2.82	9.63
Earnings From Cont. Operations, 1 Yr. Growth %	2.55	0.21	6.44	1.92	20.82
Net Income, 1 Yr. Growth %	2.98	0	7.52	1.76	21.1
Normalized Net Income, 1 Yr. Growth %	-9.22	7.91	7.19	2.5	9.28
Diluted EPS Before Extra, 1 Yr. Growth %	10.88	9.2	16.29	6.76	28.73
Accounts Receivable, 1 Yr. Growth %	-39.49	-3.54	24.13	-9.67	-18
Net Property, Plant and Equip., 1 Yr. Growth %	-5.71	3.01	4.4	10.61	12.62
Total Assets, 1 Yr. Growth %	-18.56	-6.02	4.77	1.4	-0.23
Tangible Book Value, 1 Yr. Growth %	19.63	18.87	-6.05	1.44	-1.08
Common Equity, 1 Yr. Growth %	-45.46	-84.85	182.54	-1.87	32.16
Cash From Operations, 1 Yr. Growth %	286.94	1.65	-12.29	-5.55	23.18
Capital Expenditures, 1 Yr. Growth %	99.03	12.5	-8.64	28.83	0.71
Levered Free Cash Flow, 1 Yr. Growth %	-	8.72	-21	-14.6	22.25
Unlevered Free Cash Flow, 1 Yr. Growth %	-	6.8	-19.33	-13.58	20.59
Dividend Per Share, 1 Yr. Growth %	-33.33	7.41	10.34	17.19	12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	11.43	2.1	4.08	4.54
Gross Profit, 2 Yr. CAGR %	-	5.18	1.16	3.99	3.94
EBITDA, 2 Yr. CAGR %	-	-3.98	2.23	3.66	5.41
EBITA, 2 Yr. CAGR %	-	-3.91	2.64	3.29	4.99
EBIT, 2 Yr. CAGR %	-	-3.63	3.97	5.16	6.17
Earnings From Cont. Operations, 2 Yr. CAGR %	-	1.37	3.27	4.15	10.97
Net Income, 2 Yr. CAGR %	-	1.48	3.69	4.6	11.01
Normalized Net Income, 2 Yr. CAGR %	-	-1.02	7.55	4.82	5.84
Diluted EPS Before Extra, 2 Yr. CAGR %	-	10.04	12.69	11.43	17.23
Accounts Receivable, 2 Yr. CAGR %	-	-23.6	9.42	5.89	-13.94
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-1.45	3.7	7.46	11.61
Total Assets, 2 Yr. CAGR %	-	-12.52	-0.77	3.07	0.58
Tangible Book Value, 2 Yr. CAGR %	-	19.25	5.68	-2.37	0.17
Common Equity, 2 Yr. CAGR %	-	-71.26	-34.57	66.51	13.88
Cash From Operations, 2 Yr. CAGR %	-	98.32	-5.58	-8.98	7.86
Capital Expenditures, 2 Yr. CAGR %	-	49.64	1.38	8.49	13.9
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-7.12	-17.86	2.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-6.99	-16.51	2.08
Dividend Per Share, 2 Yr. CAGR %	-	-15.38	8.87	13.71	14.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	8.89	2.79	4.35
Gross Profit, 3 Yr. CAGR %	-	-	4.96	1.92	4.14
EBITDA, 3 Yr. CAGR %	-	-	-0.94	2.12	5.42
EBITA, 3 Yr. CAGR %	-	-	-0.85	2.11	5.18
EBIT, 3 Yr. CAGR %	-	-	-0.04	3.59	6.63
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	3.03	2.82	9.44
Net Income, 3 Yr. CAGR %	-	-	3.45	3.04	9.83
Normalized Net Income, 3 Yr. CAGR %	-	-	1.64	5.84	6.28
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	12.09	10.68	16.92
Accounts Receivable, 3 Yr. CAGR %	-	-	-10.18	2.65	-2.76
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	0.46	5.96	9.15
Total Assets, 3 Yr. CAGR %	-	-	-7.1	-0.05	1.96
Tangible Book Value, 3 Yr. CAGR %	-	-	10.14	4.25	-1.94
Common Equity, 3 Yr. CAGR %	-	-	-38.43	-25.11	54.17
Cash From Operations, 3 Yr. CAGR %	-	-	51.1	-5.57	0.68
Capital Expenditures, 3 Yr. CAGR %	-	-	26.94	9.81	5.83
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-9.68	-6.22
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-9.24	-5.62
Dividend Per Share, 3 Yr. CAGR %	-	-	-7.55	11.57	13.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	7.12
Gross Profit, 5 Yr. CAGR %	-	-	-	-	4.55
EBITDA, 5 Yr. CAGR %	-	-	-	-	1.55
EBITA, 5 Yr. CAGR %	-	-	-	-	1.45
EBIT, 5 Yr. CAGR %	-	-	-	-	2.4
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	6.14
Net Income, 5 Yr. CAGR %	-	-	-	-	6.41
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	3.3
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	14.12
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-11.7
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	4.78
Total Assets, 5 Yr. CAGR %	-	-	-	-	-4.1
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	6.04
Common Equity, 5 Yr. CAGR %	-	-	-	-	-21.26
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	32.04
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	21.56
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	0.73