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H&R Block HRB Debt-to-equity

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Other financials

Income statement

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Revenue$2.4B+5.3%
Gross profit$1.4B+4.5%
Net income$847.9M+17.4%
EPS (diluted)$6.60+24.3%

Balance sheet

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Cash & equivalents$867.0M+12.2%
Total debt$2.0B+5.6%
Total equity-$24.4M+87.4%
Total assets$3.4B+4.5%

Cash flow

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Operating cash flow$1.6B+17.6%
CapEx$18.4M-18.8%
Free cash flow$1.5B+18.2%

Valuation

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Market cap$5.82B-20.8%
Enterprise value$6.98B-16.8%
P/E7.9×-4.3×
P/S1.5×-0.5×

Profitability

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Gross margin44.3%-0.2pp
Net margin18.9%+3.7pp
FCF margin19.5%+2.0pp

Returns & leverage

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Return on equity675%-296pp
Current ratio+0.2×

Where this comes from

Calculated from H&R Block’s reported figures.

Based on the most recent quarter.

The source filing: H&R Block’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 4:53 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000012659-26-000017

FAQ

What is H&R Block's debt-to-equity?
H&R Block (HRB) reported debt-to-equity of 22.8× in Q2 2025.
How has H&R Block's debt-to-equity changed year-over-year?
H&R Block's debt-to-equity increased by 5.2% year-over-year, from 21.7× to 22.8×.
What is the long-term trend for H&R Block's debt-to-equity?
Over 4 years (2021 to 2025), H&R Block's debt-to-equity has grown at a 38.1% compound annual growth rate (CAGR), from 6.3× to 22.8×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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