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.

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

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

H&R Block Financials

H&R Block's revenue was reported to be $3.04 b in FY, 2017 which is a 0.1% decrease from the previous period.
USD

Revenue (Q3, 2018)

767.1 m

Gross profit (Q3, 2018)

(117.3 m)

Gross profit margin (Q3, 2018), %

(15.3%)

Net income (Q3, 2018)

(529.8 m)

Market capitalization (15-May-2018)

5.8 b

Closing share price (15-May-2018)

27.8

Cash (31-Jan-2018)

187.4 m

EV

5.6 b
H&R Block's current market capitalization is $5.8 b.
Annual
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
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Revenue

134.6 m509.1 m137.7 m128.4 m474.5 m125.2 m131.3 m451.9 m140.9 m767.1 m

Cost of goods sold

221.7 m394.7 m213.5 m226.4 m392.5 m211.1 m225.7 m388.8 m240 m884.3 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(99.2 m)(117.3 m)

Gross profit Margin, %

(65%)22%(55%)(76%)17%(69%)(72%)14%(70%)(15%)
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.2 b2 b896.8 m1 b

Accounts Receivable

Inventories

198.3 m70.3 m67.1 m

Current Assets

3.1 b3 b1.2 b1.3 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Cash

1.4 b627.5 m1.3 b1.3 b360.7 m189.5 m306.9 m232.5 m221.2 m181 m187.4 m

Current Assets

2.3 b1.5 b2.8 b2.1 b726.7 m1.2 b608.4 m703.5 m1.2 b444.6 m1.3 b

Goodwill

478.8 m464.2 m443 m454.4 m442.1 m443.4 m470.9 m477.4 m483.3 m493.1 m504.8 m

Total Assets

3.9 b3.1 b4.4 b3.6 b2.3 b2.9 b2.2 b2.1 b2.6 b1.7 b2.6 b
Annual
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)
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Net Income

(112 m)(36.9 m)(99.7 m)(145 m)(81.7 m)(123.7 m)(146.2 m)(104.5 m)(529.8 m)

Depreciation and Amortization

28.4 m29.2 m27.1 m28.4 m28.8 m27.5 m87 m132.2 m136.9 m

Accounts Payable

(99.4 m)(33.6 m)(36.6 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)(1.4 b)
USDY, 2018

EV/CFO

-4.1 x

EV/FCF

-3.9 x

Financial Leverage

-3.7 x
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H&R Block News and Updates

We compared H&R Block and TurboTax for filing your taxes this year — here's the verdict

• This year, Americans need to file their taxes by April 17, 2018. • Both H&R Block and TurboTax provide free tax preparation services. • Business Insider compared the two services to find out which one was easier to use. Filing taxes isn't exactly my idea of a good time. But tax season is her…

Hey, tax return procrastinators: Get 40% off H&R Block products this week

Tax return season is in full swing and you have until April 15 to get your shit together. If you've been putting it off, we're here to light a fire under your butt — and let you know that H&R products are 40% off now through Sunday, April 1. Because why do a tedious task by yourself when you c…

How to use H&R Block to file your taxes in 2018

• Tax season officially begins January 29, with a final deadline of April 17. • The IRS recommends e-filing your taxes and requesting your refund via direct deposit. • Business Insider decided to try the free version of H&R Block's service. Monday marks the start of tax season. After that, Ame…

H&R Block's tax calculator will estimate your refund for this year and next year — and it takes less than 5 minutes

H&R Block is a popular service for electronically filing your taxes. H&R Block's free tax calculator will estimate your 2018 tax return in less than five minutes. The tax calculator will also estimate your 2019 tax return under the new GOP tax law. H&R Block is one of the most popula…
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