Liberty Tax

Liberty Tax is income tax preparation at its best: friendly, accurate, and with a money back guarantee. In addition to consulting services, Liberty Tax offers e-file and do-it-yourself preparation. Joining our Talent Network will enhance your job search and application process. Whether you choose to apply or just leave your information, we look forward to staying connected with you. Receive alerts with new job opportunities that match your interests Receive relevant communications and updates from our organization Founded in 1997 by CEO & tax industry expert John Hewitt, Liberty Tax is the fastest-growing tax preparation franchise ever. From its start as Canadian company U&R Tax Depot, Liberty Tax has become an industry leader with a network of over 30,000 tax preparers and almost 16 million individual tax returns prepared. In just 16 years, Liberty Tax has grown to more than 4,500 offices operating in the U.S. and Canada. What makes Liberty Tax unique? We highly support our franchisees and firmly stand by our mission statement. Known for our Liberty wavers, roadside parties, and fun company culture, Liberty Tax has been recognized as raising the bar for all franchises, not just personal income tax-based businesses. Liberty Tax has been ranked as a top franchise opportunity by Entrepreneur magazine for 4 consecutive years and a top tax firm by Accounting Today in 2010 and 2011. We have been awarded a top spot among franchises by magazines such as Black Enterprise, Poder/Hispanic Enterprise, and Military Times Edge. Liberty Tax went public in 2012 and is traded on the NASDAQ stock exchange (TAX). The company is headquartered in Virginia Beach, VA.
Company Growth (employees)
Virginia Beach, US
Size (employees)
1,498 (est)+13%
Liberty Tax was founded in 1997 and is headquartered in Virginia Beach, US

Liberty Tax Office Locations

Liberty Tax has an office in Virginia Beach
Virginia Beach, US (HQ)
1716 Corporate Landing Pkwy
Show all (1)

Liberty Tax Financials and Metrics

Liberty Tax Financials

Liberty Tax's revenue was reported to be $174 m in FY, 2017

Revenue (Q1, 2018)

8.2 m

Net income (Q1, 2018)

(9.8 m)

EBIT (Q1, 2018)

(15.9 m)

Market capitalization (22-Dec-2017)

143.6 m

Cash (31-Jul-2017)

6.3 m
Liberty Tax's current market capitalization is $143.6 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


117.9 m131.2 m147.6 m159.7 m162.2 m173.4 m174 m

Revenue growth, %


Sales and marketing expense

44.6 m

General and administrative expense

58.2 m
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


8.1 m7.3 m7.8 m7.7 m47.7 m7.5 m7.9 m53.6 m7.1 m7.2 m48.4 m8.2 m

Sales and marketing expense

6.1 m8.2 m8.4 m9.7 m10.5 m8.6 m8.2 m11.6 m9.7 m8.9 m11.2 m10 m

General and administrative expense

6.3 m7.7 m7.5 m10.4 m13 m7.8 m8.8 m12.6 m8.3 m9.2 m18.2 m

Operating expense total

17.4 m20.9 m21.9 m26 m43.4 m21.4 m21.9 m44.7 m22.4 m22 m43.3 m24.1 m
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017


2.1 m1.7 m19.8 m19 m46.1 m21.4 m9.9 m16.4 m

Accounts Receivable

46.1 m49.9 m54.7 m

Current Assets

125.5 m105.9 m100.8 m115.7 m


3 m3.4 m4.2 m8.6 m
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


8.6 m2.6 m8.6 m4.6 m3.2 m4.4 m4 m1.8 m4.9 m3.7 m3.5 m6.3 m

Accounts Receivable

33.5 m30.6 m59.9 m38.6 m38 m63 m43.2 m

Current Assets

76.2 m95.8 m91 m105 m176.6 m92.4 m108.6 m203.7 m103.8 m122.7 m199.6 m96.2 m


7 m7.2 m3 m3 m3.2 m3.3 m3.2 m4.1 m4.2 m4.1 m4.8 m7.6 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

22 m8.7 m19.4 m13 m

Depreciation and Amortization

7.8 m8.5 m6.9 m8.3 m

Accounts Payable

2.6 m2.7 m(6.2 m)556 k

Cash From Operating Activities

43.5 m24.5 m29.8 m32.4 m
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(5.9 m)(8.5 m)(8.6 m)(11.3 m)(8.5 m)(9.1 m)(12.9 m)(9.4 m)(18.8 m)(16.3 m)(9.8 m)

Accounts Receivable

33.5 m30.6 m59.9 m38.6 m38 m63 m

Accounts Payable

9 m11.8 m27.8 m16.8 m9.2 m15.5 m9.6 m8.5 m22.3 m

Cash From Operating Activities

(68.3 m)(21.9 m)(39 m)(62 m)(14.5 m)
Y, 2017

Financial Leverage

1.7 x
Show all financial metrics

Liberty Tax Market Value History

Liberty Tax's Web-traffic and Trends

Liberty Tax Online and Social Media Presence

Liberty Tax News and Updates

Liberty Tax Founder John Hewitt Faces Ouster Amid Sex Scandal Allegations

A pension fund is asking a judge to order Hewitt to relinquish his controlling stake

Liberty Tax Company Life and Culture

You may also be interested in