H&R Block Financial Ratios
NYSE: HRBConsumer DiscretionaryOther Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
H&R Block ratio analysis
H&R Block earned a net margin of 18.6% in FY 2026, up from 16.1% a year earlier. Gross margin was 44.3% compared with a median of 44.8% over the prior 9 years. Return on equity reached 624.4%, meaning H&R Block generated 6.24 dollars of profit for every dollar of shareholders' equity, an unusually high figure that often reflects a small equity base after share buybacks.
Debt-to-equity stood at 12.69 versus 16.80 the year before, and the current ratio was 1.13. At the end of FY 2026, HRB traded at 7.1 times earnings; across the 9 fiscal years shown, its year-end P/E ranged from 7.1 to 13.2, with a median of 11.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
H&R Block financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 7.07 | 12.78 | 13.16 | 9.08 | 11.42 | 7.23 | — | 13.06 | 9.45 | 12.98 |
| Price / sales | 1.30 | 2.02 | 2.13 | 1.41 | 1.79 | 1.22 | 1.20 | 1.77 | 1.82 | 1.74 |
| Price / book | 43.50 | 85.62 | 84.96 | 153.11 | 29.28 | 11.80 | 44.47 | 10.11 | 14.58 | — |
| Gross margin | 44.3% | 44.5% | 44.8% | 44.6% | 45.7% | 46.0% | 35.1% | 43.2% | 44.9% | 45.8% |
| Net margin | 18.6% | 16.1% | 16.5% | 15.9% | 16.0% | 17.1% | -0.3% | 13.7% | 19.4% | 13.5% |
| Free cash flow margin | 19.2% | 15.9% | 18.2% | 21.7% | 21.6% | 16.8% | 1.0% | 16.5% | 23.8% | 15.2% |
| Return on equity (ROE) | 624.4% | 681.4% | 657.1% | 1,726.9% | 261.6% | 165.7% | -10.6% | 78.0% | 155.7% | — |
| Return on assets (ROA) | 22.5% | 18.6% | 18.5% | 18.0% | 16.9% | 16.0% | -0.1% | 12.8% | 19.5% | 15.2% |
| Debt / equity | 12.69 | 16.80 | 16.46 | 46.44 | 7.03 | 4.23 | 49.20 | 2.76 | 3.80 | — |
| Current ratio | 1.13 | 0.90 | 1.27 | 1.26 | 1.39 | 1.46 | 1.96 | 2.16 | 2.24 | 1.43 |
| Revenue growth | 4.9% | 4.2% | 4.0% | 0.3% | 1.4% | 29.3% | -14.7% | -2.1% | 4.1% | -0.1% |
| EPS growth | 28.9% | 6.6% | 17.4% | 9.0% | 4.5% | — | -102.0% | -29.9% | 52.4% | 28.2% |