HRBH&R Block, Inc.
Is the business good?
A genuinely good business: 7 of 9 health tests passed, earnings fully cash-backed (1.1×), and margins widening.
High fundamental quality. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is HRB?
H&R Block, Inc. keeps 23% of every revenue dollar as operating profit, against 20% for the median Personal Services name.
Operating margin · Personal Services median 20% · 12 months to Q4 2027
- Cash conversion
- 1.07×
Cash conversion · 1.05× a year ago · operating cash flow covers the operating profit after tax
| Year | Operating margin |
|---|---|
| FY2021 | 23% |
| FY2023 | 22% |
| FY2024 | 22% |
| FY2025 | 22% |
| FY2026 | 22% |
| FY2027 | 23% |
Details›
- Operating margin12 months to Q4 2027
- 23%
- Net margin12 months to Q4 2027
- 19%
- Free cash flow margin
- 19%
- Revenue, trailing twelve months
- $3.95B
- Free cash flow, trailing twelve months
- $756M
- Net income, trailing twelve months
- $734M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.