H&R Block (HRB)
Consumer Discretionary · Tax preparation and compliance services
H&R Block provides tax preparation and compliance services to individual and business customers through company-operated offices, franchises, and digital platforms.
What H&R Block does
H&R Block is a tax preparation and financial services company offering tax compliance, preparation, and related financial services to individual and business customers. The company operates through a network of company-operated and franchise offices, as well as digital self-service and assisted platforms. Service revenues constitute the bulk of the business, with additional revenue from royalties, products, and other services. The company generates significant seasonality around the annual U.S. tax filing season.
Themes: ["Tax preparation and compliance","Consumer financial services","Digital tax platforms","Seasonal business model"]
Fundamentals
- Price$38.66 as of 2026-07-09 close
- Market cap$4.9B as of 2026-07-10
- 1-year return-29.2% as of 2026-07-09 close
- P/E6.57 as of 2026-07-10
- Net margin+18.9% as of 2026-07-10
- Gross margin+44.3% as of 2026-07-10
- ROE+336.8% as of 2026-07-10
- Debt / equity16.80 as of 2026-07-10
- Revenue growth (YoY)+5.4% as of 2026-07-10
- Revenue CAGR (3y)+2.8% SEC XBRL
- Beta0.38 as of 2026-07-10
Dividend: yield +4.3%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Highly seasonal business concentrated in Q1 and Q2 around the U.S. tax filing season, creating significant revenue and earnings volatility","Intense competition from lower-cost digital/software alternatives (Intuit's TurboTax) and DIY tax preparation platforms, pressuring pricing and market share","Dependence on changes to U.S. tax law and IRS regulations; government simplification of the tax code could reduce demand for professional tax preparation services"]
Competitors & peers
- Intuit (INTU)
- Jackson Hewitt Tax Service
- Liberty Tax Service
- TaxACT
- TurboTax
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.