HRB Financials H&R Block Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 34 d ago Overview →

Growth & profitability

Revenue has grown 2.9% per year over the past 5 years.
Net income has grown faster than revenue (4.7% vs 2.9% per year).
Free cash flow has grown 5.7% per year over the past 5 years.

Financial health

Total debt ($1.5B) exceeds cash ($959M); net debt is $533M.
Total debt has grown in line with revenue (0.0% vs 2.9% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 28.8% of earnings and 27.9% of free cash flow.
The dividend has grown 1.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$3.9B	$734M	44.3%	0.0%	624.4%	22.5%	$756M	$1.5B	$959M
2025	$3.8B	$606M	44.5%	0.0%	681.4%	18.6%	$599M	$1.5B	$983M
2024	$3.6B	$595M	44.8%	0.0%	657.1%	18.5%	$657M	$1.5B	$1.1B
2023	$3.5B	$554M	44.6%	0.0%	1726.9%	18.0%	$752M	$1.5B	$987M
2022	$3.5B	$554M	45.7%	0.0%	261.6%	16.9%	$747M	$1.5B	$885M
2021	$3.4B	$584M	46.0%	0.0%	165.7%	16.0%	$573M	$1.5B	$934M
2020	$2.6B	-$8M	35.1%	0.0%	-10.6%	-0.1%	$27M	$3.5B	$2.7B
2019	$3.1B	$423M	43.2%	0.0%	78.0%	12.8%	$511M	$1.5B	$1.6B
2018	$3.2B	$613M	44.9%	0.0%	155.7%	19.5%	$751M	$1.5B	$1.5B
2017	$3.0B	$409M	45.8%	0.0%	-671.7%	15.2%	$463M	$1.5B	$1.0B
2016	—	$374M	—	—	1620.0%	13.1%	$445M	$1.5B	$897M
2015	—	$474M	—	—	25.8%	10.5%	$503M	$506M	$2.0B
2014	—	$475M	—	—	30.5%	10.1%	$663M	$906M	$2.2B
2013	—	$434M	—	—	34.3%	9.6%	$384M	$907M	$1.7B
2012	—	$266M	—	—	20.1%	5.7%	$280M	$1.0B	$1.9B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.1B	$294M	0.0%	0.0%	250.0%	9.0%	$237M	$1.5B	$959M
Mar '26	$2.4B	$848M	0.0%	0.0%	-3479.0%	25.0%	$1.5B	$1.5B	$867M
Dec '25	$199M	-$242M	0.0%	0.0%	29.4%	-8.3%	—	$2.4B	$349M
Sep '25	$204M	-$166M	0.0%	0.0%	30.1%	-6.3%	-$370M	$1.7B	$376M
Jun '25	$1.1B	$299M	0.0%	0.0%	336.8%	9.2%	$241M	$1.5B	$983M
Mar '25	$2.3B	$722M	0.0%	0.0%	-374.6%	22.3%	$1.3B	$1.5B	$773M
Dec '24	$179M	-$243M	0.0%	0.0%	27.9%	-9.0%	-$597M	$2.3B	$320M
Sep '24	$194M	-$173M	0.0%	0.0%	46.9%	-6.8%	-$347M	$1.5B	$416M
Jun '24	$1.1B	$258M	0.0%	0.0%	284.6%	8.0%	$291M	$1.5B	$1.1B
Mar '24	$2.2B	$691M	0.0%	0.0%	-187.7%	21.5%	$1.3B	$1.5B	$795M
Dec '23	$179M	-$190M	0.0%	0.0%	24.6%	-6.8%	-$627M	$2.3B	$321M
Sep '23	$184M	-$163M	0.0%	0.0%	47.4%	-6.5%	-$348M	$1.5B	$427M
Jun '23	$1.0B	$302M	0.0%	0.0%	942.7%	9.8%	$310M	$1.5B	$987M
Mar '23	$2.1B	$643M	0.0%	0.0%	-1768.1%	20.4%	$1.3B	$1.5B	$909M
Dec '22	$166M	-$224M	0.0%	0.0%	34.7%	-8.6%	-$484M	$2.1B	$264M
Sep '22	$180M	-$168M	0.0%	0.0%	63.6%	-6.6%	-$338M	$1.5B	$323M
Jun '22	$1.1B	$223M	0.0%	0.0%	105.2%	6.8%	$426M	$1.5B	$885M
Mar '22	$2.1B	$673M	0.0%	0.0%	1500.8%	17.8%	$1.3B	$2.0B	$1.0B
Dec '21	$159M	-$191M	0.0%	0.0%	51.1%	-6.1%	-$625M	$2.3B	$336M
Sep '21	$193M	-$152M	0.0%	0.0%	-976.3%	-4.5%	-$328M	$2.0B	$892M

Valuation over time

How the market has priced HRB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 7.8× (Mar '23) to 8.6× (Sep '26).
The price-to-sales ratio has risen from 1.3× (Mar '23) to 1.6× (Sep '26).
The dividend yield has fallen from 4.3% (Mar '23) to 3.3% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is HRB growing its revenue and profit?

Over the past 5 years, H&R Block Inc's revenue has grown 2.9% per year, and net income grown 4.7% per year. These are computed facts, not advice.

How much debt does HRB have?

As of FY2026, H&R Block Inc reported $1.5B of total debt against $959M of cash.

What is HRB's profit margin?

In FY2026, gross margin was 44.3%, operating margin —, and net margin 18.6%.

What is HRB's P/E ratio?

As of Sep '26, H&R Block Inc traded at a price-to-earnings ratio of about 8.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.