H&R Block is an American tax preparation company. The Company develops and markets DIY income tax preparation software. It offers a comprehensive range of DIY tax services, including preparation of federal and state income tax returns, review of tax returns by a tax professional, access to tax tips, advice, and tax-related news, use of calculators for tax planning, error checking and electronic filing. In addition to the tax services and products, H&R Block also offers U.S. clients a number of additional services, including refund transfers, H&R Block Emerald Advance lines of credit, H&R Block Emerald Prepaid MasterCard, Peace of Mind Extended Service Plan, Tax Identity Shield, RAs and, for Canadian clients, an Instant Cash Back refund option.

Company Growth (employees)
Type
Public
Parent Company
Ameriprise Financial
HQ
Kansas City, US
Founded
1955
Size (employees)
2,300 (est)-4%
H&R Block was founded in 1955 and is headquartered in Kansas City, US

H&R Block Office Locations

H&R Block has an office in Kansas City
Kansas City, US (HQ)
Block Way Kansas City

H&R Block Data and Metrics

H&R Block Financial Metrics

H&R Block's revenue was reported to be $3 b in FY, 2017
USD

Revenue (FY, 2017)

3 b

Revenue growth (FY, 2016 - FY, 2017), %

(0%)

Gross profit (FY, 2017)

1.4 b

Gross profit margin (FY, 2017), %

46%

Net income (FY, 2017)

408.9 m

Market capitalization (19-Sep-2017)

5.4 b

Cash (30-Apr-2017)

1 b

EV

5.9 b
H&R Block's current market capitalization is $5.4 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3 b3.1 b3 b3 b

Revenue growth, %

2%(1%)(0%)

Cost of goods sold

1.7 b1.6 b

Gross profit

1.4 b1.4 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

134.6 m509.1 m137.7 m128.4 m474.5 m125.2 m131.3 m451.9 m

Cost of goods sold

221.7 m394.7 m213.5 m226.4 m392.5 m211.1 m225.7 m388.8 m

Gross profit

(87.1 m)114.4 m(75.8 m)(98 m)82 m(85.9 m)(94.4 m)63.1 m

Gross profit Margin, %

(65%)22%(55%)(76%)17%(69%)(72%)14%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.2 b2 b896.8 m1 b

Inventories

198.3 m70.3 m67.1 m

Current Assets

3.1 b3 b1.2 b1.3 b

Goodwill

436.1 m441.8 m470.8 m491.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

1.4 b627.5 m1.3 b1.3 b360.7 m189.5 m306.9 m232.5 m221.2 m

Current Assets

2.3 b1.5 b2.8 b2.1 b726.7 m1.2 b608.4 m703.5 m1.2 b

Goodwill

478.8 m464.2 m443 m454.4 m442.1 m443.4 m470.9 m477.4 m483.3 m

Total Assets

3.9 b3.1 b4.4 b3.6 b2.3 b2.9 b2.2 b2.1 b2.6 b
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

475.2 m473.7 m374.3 m408.9 m

Depreciation and Amortization

115.6 m159.8 m115.9 m119.8 m

Inventories

2.4 m(8.5 m)4.3 m

Accounts Payable

681 k16.7 m(30.5 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(112 m)(36.9 m)(99.7 m)(145 m)(81.7 m)(123.7 m)(146.2 m)(104.5 m)

Depreciation and Amortization

28.4 m29.2 m27.1 m28.4 m28.8 m27.5 m87 m132.2 m

Accounts Payable

(99.4 m)(33.6 m)

Cash From Operating Activities

(381.6 m)(627.6 m)(1.2 b)(378.2 m)(602.7 m)(1.4 b)(475.7 m)(725.8 m)(1.4 b)
USDY, 2017

EV/CFO

10.8 x

EV/FCF

12.9 x

Revenue/Employee

1.3 m

Debt/Equity

-24.5 x

Debt/Assets

0.6 x

Financial Leverage

-44.3 x
Show all financial metrics

H&R Block Market Value History

Traffic Overview of H&R Block

H&R Block Online and Social Media Presence

H&R Block News and Updates

Credit Karma: Believe the hype for ‘artificial narrow intelligence’

By giving away free credit scores to more than 60 million people, Credit Karma upended the paid credit report market. And by offering free tax returns this year — at the same time H&R Block and IBM Watson were bragging about AI-powered tax filings — the company stormed the $8.9 billion tax prepa…

Uber announces API partnerships to help drivers file their taxes

Uber has announced a handful of API partnerships designed to help drivers file their taxes. The ride-hailing giant first announced its Driver API (application programming interface) in October, to serve as a way for developers to create useful services for Uber drivers by connecting to third-party a…

The No. 1 way people mess up their taxes, according to an accountant

It's tax season. It might not be as charming as engagement season — or as worrisome as divorce season — but it's a crucial and unavoidable part of the year. However, if you're not meticulous, you could be losing money that's rightfully yours — or forcing your long-awaited ta…

The 5 worst ads of Super Bowl 51

The price of a 30 second ad for this year's Super Bowl cost advertisers upwards of $5 million, that's $166,667 per second. We used a subjective determination of taste and a non-scientific measurement of social media enthusiasm to rank the ads we saw during this year's big ga…

IBM Gives Watson a New Challenge: Your Tax Return

A partnership with H&R Block shows IBM’s strategy for artificial intelligence: Watson will be a smart assistant tailored for specific industries.

H&R Block's Watson-Powered Robots Are Here To Help With Your Taxes

The accounting firm has trained IBM Watson to be its smartest tax preparer for your 2016 returns, but the bot hasn't replaced humans—yet. The accounting firm has trained IBM Watson to be its smartest tax preparer for your 2016 returns, but the bot hasn't replaced humans—yet.Con…
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H&R Block Company Life and Culture

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