What is H&R Block's net margin?

H&R Block (HRB) reported net margin of 18.9% in Q1 2026.

How has H&R Block's net margin changed year-over-year?

H&R Block's net margin increased by 24.4% year-over-year, from 15.2% to 18.9%.

What is the long-term trend for H&R Block's net margin?

Over 4 years (2021 to 2025), H&R Block's net margin has grown at a -2.2% compound annual growth rate (CAGR), from 17.6% to 16.1%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

H&R Block HRB Net margin

Net margin at other companies

IntuitINTU

21.9%+2.7pp

First Hawaiian, Inc.FHB

32%+3.1pp

Hancock Whitney CorporationHWC

28.7%-3.7pp

EquifaxEFX

11.1%+0.4pp

PaychexPAYX

25.8%-6.1pp

Fidelity National Information ServicesFIS

23.3%+15.3pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.6B+17.6%

CapEx$18.4M-18.8%

Free cash flow$1.5B+18.2%

Valuation

See full

Market cap$4.36B-45.3%

Enterprise value$5.52B-39.0%

P/E5.9×-8.2×

P/S1.1×-1.0×

Profitability

See full

Gross margin44.3%-0.2pp

FCF margin19.5%+2.0pp

Returns & leverage

See full

Return on equity675%-296pp

Debt / equity22.8×+1.1×

Current ratio1×+0.2×

Where this comes from

Calculated from H&R Block’s reported figures.

net income/total revenue=18.9%

Based on trailing twelve months.

The official record: H&R Block’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about H&R Block's net margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is H&R Block's net margin?: H&R Block (HRB) reported net margin of 18.9% in Q1 2026.
How has H&R Block's net margin changed year-over-year?: H&R Block's net margin increased by 24.4% year-over-year, from 15.2% to 18.9%.
What is the long-term trend for H&R Block's net margin?: Over 4 years (2021 to 2025), H&R Block's net margin has grown at a -2.2% compound annual growth rate (CAGR), from 17.6% to 16.1%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.