H&R Block

OverviewSuggest Edit

H&R Block provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public. The Company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees. It also develops and markets DIY income tax preparation software online, as well as through third-party retail stores and direct mail; and provides DIY tax services, including preparation of federal and state income tax returns, access to tax tips, advice and tax-related news, use of calculators for tax planning, and error checking and electronic filing.

TypePublic
Founded1955
HQKansas City, USMap
Websitehrblock.com
Employee Ratings3.5More
Culture scoreB-More
View Jobs (640)

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Latest Updates

Employees (est.) (Apr 2019)3,100(+15%)
Job Openings640
Revenue (FY, 2019)$3.1 B(-2%)
Share Price (May 2020)$16.9

Key People/Management at H&R Block

Jeffrey J. Jones II

Jeffrey J. Jones II

President and Chief Executive Officer
Angela N. Archon

Angela N. Archon

Director
Robert A. Gerard

Robert A. Gerard

Chairman of the Board
Tony Bowen

Tony Bowen

CFO
Paul J. Brown

Paul J. Brown

Director
Jamil Khan

Jamil Khan

Chief Strategy & Development Officer
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H&R Block Office Locations

H&R Block has an office in Kansas City
Kansas City, US (HQ)
One H and R Block Way, Kansas City
Show all (1)

H&R Block Financials and Metrics

H&R Block Revenue

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View revenue for all periods
H&R Block's revenue was reported to be $3.09 b in FY, 2019
USD

Revenue (Q3, 2020)

519.2m

Gross profit (Q3, 2020)

56.7m

Gross profit margin (Q3, 2020), %

10.9%

Net income (Q3, 2020)

(129.7m)

Market capitalization (22-May-2020)

3.3b

Closing stock price (22-May-2020)

16.9

Cash (31-Jan-2020)

192.3m

EV

6.1b
H&R Block's current market capitalization is $3.3 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.9b3.8b2.9b2.9b3.0b3.1b3.0b3.0b3.2b3.1b

Revenue growth, %

(1%)0%4%

Cost of goods sold

2.5b2.4b1.7b1.6b1.6b1.6b1.7b1.6b1.7b1.8b

Gross profit

1.4b1.4b1.2b1.3b1.4b1.4b1.4b1.4b1.4b1.3b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

274.5m322.9m851.5m267.6m129.2m663.3m96.5m137.3m472.0m127.2m134.3m199.8m133.6m134.6m509.1m137.7m128.4m474.5m125.2m131.3m451.9m137.8m140.9m488.4m145.2m148.9m468.4m150.4m160.8m519.2m

Cost of goods sold

368.0m393.0m635.2m357.0m227.6m455.2m193.4m212.0m377.6m210.1m220.9m363.5m211.5m221.7m394.7m213.5m226.4m392.5m211.1m225.7m388.8m227.7m240.0m416.6m221.6m250.8m421.0m229.4m253.2m462.5m

Gross profit

(93.5m)(70.1m)216.3m(89.4m)(98.4m)208.0m(96.9m)(74.7m)94.4m(82.9m)(86.5m)(163.8m)(77.9m)(87.1m)114.4m(75.8m)(98.0m)82.0m(85.9m)(94.4m)63.1m(89.9m)(99.2m)71.8m(76.4m)(101.9m)47.4m(79.0m)(92.4m)56.7m

Gross profit Margin, %

(34%)(22%)25%(33%)(76%)31%(100%)(54%)20%(65%)(64%)(82%)(58%)(65%)22%(55%)(76%)17%(69%)(72%)14%(65%)(70%)15%(53%)(68%)10%(53%)(57%)11%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.8b1.7b1.9b1.7b2.2b2.0b896.8m1.0b1.5b1.6b

Accounts Receivable

518.0m492.3m193.9m206.8m191.6m168.0m153.1m162.8m146.8m139.0m

Prepaid Expenses

314.7m390.1m198.3m70.3m66.6m65.7m69.0m146.7m

Current Assets

2.6b2.5b2.5b2.5b3.1b3.0b1.2b1.3b1.9b2.0b
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.1b959.7m1.5b1.0b572.6m1.2b939.9m1.3b418.4m1.2b790.8m437.4m1.4b627.5m1.3b1.3b360.7m189.5m306.9m232.5m221.2m551.6m181.0m187.4m979.1m600.8m203.2m607.7m245.3m192.3m

Accounts Receivable

376.9m416.3m1.4b329.4m128.1m1.0b116.4m124.5m949.2m121.3m131.7m677.2m122.3m107.7m777.5m103.2m94.8m829.8m103.4m104.8m787.9m91.0m77.8m791.6m70.6m61.3m758.2m76.1m74.7m819.9m

Prepaid Expenses

230.6m318.3m282.9m331.0m356.7m225.7m345.2m264.7m285.5m260.8m81.0m80.5m101.2m74.9m73.6m85.6m74.8m85.2m149.3m85.3m87.7m134.8m105.1m105.1m120.2m

Current Assets

1.8b1.7b3.3b1.7b1.7b2.5b1.4b1.7b1.7b1.7b1.2b1.5b2.3b1.5b2.8b2.1b726.7m1.2b608.4m703.5m1.2b833.9m444.6m1.3b1.3b891.0m1.2b946.7m601.4m1.3b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

479.2m406.1m265.9m433.9m475.2m473.7m374.3m408.9m613.1m422.5m

Depreciation and Amortization

126.9m121.6m103.6m92.4m115.6m159.8m173.6m182.2m183.3m166.7m

Accounts Payable

(305.0k)(111.7m)(45.1m)(37.0m)34.5m681.0k16.7m(30.5m)32.6m54.8m

Cash From Operating Activities

587.5m512.5m362.0m497.1m809.6m626.6m544.6m552.2m850.0m606.5m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(130.7m)(239.7m)(252.5m)(175.1m)(316.8m)(320.2m)(107.4m)(212.7m)(230.4m)(115.2m)(244.7m)(326.4m)(123.7m)(269.9m)(374.4m)(130.6m)(284.1m)(529.8m)(152.7m)(328.9m)(455.4m)(150.2m)(338.2m)(467.9m)

Depreciation and Amortization

6.9m14.2m21.6m21.0m33.1m50.9m16.3m34.2m54.3m16.8m82.4m127.7m41.3m87.0m132.2m43.6m88.4m136.9m40.4m81.9m126.0m38.6m81.3m125.4m

Accounts Payable

(79.9m)(32.2m)(98.8m)(99.4m)(33.6m)(66.7m)(85.8m)(36.6m)(99.7m)(120.9m)(47.5m)(284.6m)(267.3m)(166.2m)

Cash From Operating Activities

(348.3m)(548.0m)(1.5b)(394.5m)(582.6m)(1.4b)(373.1m)(567.0m)(1.3b)(318.7m)(492.4m)(1.1b)(381.6m)(627.6m)(1.2b)(378.2m)(602.7m)(1.4b)(458.0m)(720.4m)(1.4b)(409.1m)(648.5m)(1.4b)(375.6m)(627.7m)(1.3b)(483.8m)(693.3m)(1.5b)
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USDY, 2020

EV/CFO

-4.1 x

Financial Leverage

-10.8 x
Show all financial metrics

H&R Block Acquisitions / Subsidiaries

Company NameDateDeal Size
WaveJune 12, 2019$405 m

H&R Block Revenue Breakdown

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H&R Block revenue breakdown by business segment: 5.4% from Revenues from Refund Transfers, 7.8% from U.S. Royalties, 61.6% from U.S. Assisted Tax Preparation Fees, 7.2% from International Revenues, 7.7% from U.S. DIY Tax Preparation Fees and 10.3% from Other

H&R Block Online and Social Media Presence

H&R Block's Trends

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H&R Block Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    B

    70/100

  • Compensation

    D+

    56/100

  • Diversity

    B

    72/100

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H&R Block News and Updates

April 17, 2020

Up to 21 million people who used services like TurboTax and H&R Block for tax filings face a stimulus check delay

People who filed taxes using H&R Block, TurboTax, and Jackson Hewitt faced a delay receiving their $1,200 stimulus checks. The IRS didn't have the information on file for people who used those or similar tax-prep services. Up to 21 million people were affected, one consumer law expert told The…
April 16, 2020

‘Glitch’ blamed as stimulus check is delayed for millions who filed through H&R Block, TurboTax

Many have been understandably concerned that, amid corporate bailouts, a $1,200 check won’t be enough to survive several more weeks of lockdown. But the stimulus check is, at very least, better than nothing, particularly for the more than 22 million Americans have filed jobless claims in the last mo…
March 31, 2020

H&R Block Demonstrates ‘Strategic Intentionality’ To Best Serve The Individual

Most people feel some vulnerability with their finances, even without a global pandemic. Many people feel isolated from their communities, even before mandatory social distancing. H&R Block teaches how to build meaningful and purposeful relationships when people are treated as individuals.
March 18, 2020

H&R Block pulls 2020 guidance after Treasury extends tax calendar over coronavirus

H&R Block Inc. said Wednesday it is pulling its previously announced guidance for fiscal 2020 after the COVID-19 pandemic caused a shift in the tax calendar. "Various federal, state, and local governmental and other organizations have recommended or mandated wide-ranging and diverse restriction…
March 06, 2020

Stocks making the biggest moves midday: Big Lots, H&R Block, Exxon Mobil & more

Check out the companies making headlines in midday trading.
March 05, 2020

Stocks making the biggest moves after hours: American Outdoor Brands, H&R Block, Okta & more

Check out the companies making headlines after the bell.
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H&R Block Blogs

May 13, 2020

How to get your stimulus check faster by direct deposit

Editor’s Note: This article was originally published on April 17, 2020. The last date for you to enter your direct deposit information into the IRS Get My Payment portal was May 13. The IRS is now accelerating mailing paper checks, starting with the lowest income levels. At the end of March, Congres…
May 13, 2020

What is the Paycheck Protection Program (PPP)?

Editor’s Note: This article was originally published on April 23, 2020.   The Paycheck Protection Program is in high demand. The PPP received additional funding under the Paycheck Protection Program and Health Care Enhancement Act on April 24, 2020. Check with a lender or the Small Business Administ…
May 12, 2020

What is Form 720?

Tax form 720, Quarterly Federal Excise Tax Return, is used to calculate and make excise tax payments on certain categories of income/assets. Excise taxes are taxes paid when purchases are made on a specific good. Most excise tax in some ways resembles a state sales tax. They are paid on purchases of…
May 11, 2020

H&R Block awards $100,000 in scholarships to students demonstrating commitment to Make Every Block Better

Ten high school students each awarded $10,000 through Children of Associates Premier Scholarship program For several years, H&R Block has been supporting students related to associates and franchisees through the Children of Associates Premier Scholarship (CAPS) program. This year through CAPS w…
May 08, 2020

CARES Act tax breaks and cash flow for small businesses

Editor’s Note: This article was updated on May 8, 2020, to include new information about net operating loss and qualified improvement property procedures. It was originally published on April 28, 2020.  While the coronavirus stimulus checks have gotten a lot of media coverage lately, there are a han…
May 07, 2020

Providing Main Street a helping hand

Consider these numbers: The United States is comprised of nearly 30 million small businesses, representing more than 99% of all businesses in the country, employing more than 56 million people or nearly half of our country’s workforce. They are hair salons, landscapers, manufacturers, and restaurant…
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 H&R Block Frequently Asked Questions

  • When was H&R Block founded?

    H&R Block was founded in 1955.

  • Who are H&R Block key executives?

    H&R Block's key executives are Jeffrey J. Jones II, Angela N. Archon and Robert A. Gerard.

  • How many employees does H&R Block have?

    H&R Block has 3,100 employees.

  • What is H&R Block revenue?

    Latest H&R Block annual revenue is $3.1 b.

  • What is H&R Block revenue per employee?

    Latest H&R Block revenue per employee is $998.3 k.

  • Who are H&R Block competitors?

    Competitors of H&R Block include Xero, Wevat and Blucora.

  • Where is H&R Block headquarters?

    H&R Block headquarters is located at One H and R Block Way, Kansas City, Kansas City.

  • Where are H&R Block offices?

    H&R Block has an office in Kansas City.

  • How many offices does H&R Block have?

    H&R Block has 1 office.