Valuation, from the filing
| Public float | $5.48B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-12-31 |
|---|---|---|
| Float per share | $44.47 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 7.5× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 46.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2026-06-30 — the year that filing covered.
Valuation over time
7.5× earnings today, against a median of 9.9× across 9 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-12-31 | $5.48B | 7.5× | |
| 2024-12-31 | $7.03B | 11.6× | |
| 2023-12-29 | $6.76B | 11.4× | |
| 2022-12-30 | $5.50B | 9.9× | |
| 2021-12-31 | $3.98B | 7.2× | |
| 2020-10-30 | $3.22B | 5.5× | |
| 2018-10-31 | $5.46B | 12.9× | |
| 2017-10-31 | $5.21B | 8.5× | |
| 2016-10-31 | $4.81B | 11.8× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Services-Personal Services filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Long-term debt / equity | 12.69x | 100th | |
| Net margin | 18.6% | 87th | |
| FCF margin | 19.2% | 86th | |
| Effective tax rate | 13.8% | 17th | |
| Current ratio | 1.13x | 80th | |
| Gross margin | 44.3% | 77th | |
| Revenue YoY growth | 4.9% | 69th | |
| CapEx / revenue | 2.1% | 43th | |
| SBC / revenue | 0.8% | 50th |
H&R BLOCK INC (HRB) reported revenue of $3.95B and net income of $733.60M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from H&R BLOCK INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Personal Services.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $3.95B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $733.60M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $853.89M |
| Income tax expense | $117.57M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $841.30M |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $958.71M |
| Total assets | $3.26B |
| Current assets | $1.13B |
| Total liabilities | $3.14B |
| Current liabilities | $993.42M |
| Total equity incl. NCI | $117.49M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | $58.25M |
| Goodwill | $812.54M |
| Long-term debt | $1.49B |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $838.70M |
| Capital expenditures | $82.61M |
| Investing cash flow | -$124.81M |
| Financing cash flow | -$734.22M |
| Net change in cash | -$25.24M |
| Stock-based compensation | $30.48M |
| Common dividends paid | $211.00M |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $122.44M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $756.08M |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | 19.2% |
| SBC / revenue | 0.8% |
| Current ratio | 1.13x |
| Revenue YoY growth | 4.9% |
| Net margin | 18.6% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 2.1% |
| Long-term debt / equity | 12.69x |
| Effective tax rate | 13.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HRB in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.