H&R Block Inc
H&R Block, Inc., through its subsidiaries, provides assisted and do-it-yourself (DIY) tax return preparation services in the United States, Canada, and Australia. The company also provides Refund Transfers, that enable clients to receive their tax refunds by their chosen method of disbursement; Peace of Mind extended service plans, that represents clients when audited and assumes the cost; H&R Bl… Read more
H&R Block Inc (HRB) - Net Assets
Latest net assets as of September 2025: $-550.91 Million USD
Based on the latest financial reports, H&R Block Inc (HRB) has net assets worth $-550.91 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.62 Billion) and total liabilities ($3.17 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-550.91 Million |
| % of Total Assets | -21.02% |
| Annual Growth Rate | -3.01% |
| 5-Year Change | -74.77% |
| 10-Year Change | 164.15% |
| Growth Volatility | 73.53 |
H&R Block Inc - Net Assets Trend (1986–2025)
This chart illustrates how H&R Block Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for H&R Block Inc (1986–2025)
The table below shows the annual net assets of H&R Block Inc from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $88.90 Million | -1.87% |
| 2024-06-30 | $90.59 Million | +182.54% |
| 2023-06-30 | $32.06 Million | -84.85% |
| 2022-06-30 | $211.63 Million | -39.95% |
| 2021-06-30 | $352.40 Million | +160.50% |
| 2020-06-30 | $135.28 Million | -75.02% |
| 2019-06-30 | $541.53 Million | +182.03% |
| 2018-06-30 | $192.01 Million | +415.37% |
| 2017-06-30 | $-60.88 Million | -280.91% |
| 2016-06-30 | $33.65 Million | -98.16% |
| 2015-06-30 | $1.83 Billion | +17.76% |
| 2014-06-30 | $1.56 Billion | +23.19% |
| 2013-06-30 | $1.26 Billion | -4.70% |
| 2012-06-30 | $1.33 Billion | -8.53% |
| 2011-06-30 | $1.45 Billion | +0.62% |
| 2010-06-30 | $1.44 Billion | +2.47% |
| 2009-06-30 | $1.41 Billion | +42.32% |
| 2008-06-30 | $987.82 Million | -27.89% |
| 2007-06-30 | $1.37 Billion | -36.22% |
| 2006-06-30 | $2.15 Billion | +10.12% |
| 2005-06-30 | $1.95 Billion | -0.84% |
| 2004-06-30 | $1.97 Billion | +18.24% |
| 2003-06-30 | $1.66 Billion | +21.49% |
| 2002-06-30 | $1.37 Billion | +16.67% |
| 2001-06-30 | $1.17 Billion | -3.68% |
| 2000-06-30 | $1.22 Billion | +14.75% |
| 1999-06-30 | $1.06 Billion | -20.84% |
| 1998-06-30 | $1.34 Billion | +18.90% |
| 1997-06-30 | $1.13 Billion | +8.54% |
| 1996-06-30 | $1.04 Billion | +51.57% |
| 1995-06-30 | $685.87 Million | -3.11% |
| 1994-06-30 | $707.90 Million | +8.82% |
| 1993-06-30 | $650.50 Million | +6.00% |
| 1992-06-30 | $613.70 Million | +6.99% |
| 1991-06-30 | $573.60 Million | +13.97% |
| 1990-06-30 | $503.30 Million | +12.87% |
| 1989-06-30 | $445.90 Million | +19.32% |
| 1988-06-30 | $373.70 Million | +6.77% |
| 1987-06-30 | $350.00 Million | +19.70% |
| 1986-06-30 | $292.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to H&R Block Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 95.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.06 Million | 13.57% |
| Common Stock | $1.64 Million | 1.85% |
| Other Comprehensive Income | $-47.76 Million | -53.72% |
| Other Components | $122.95 Million | 138.30% |
| Total Equity | $88.90 Million | 100.00% |
H&R Block Inc Competitors by Market Cap
The table below lists competitors of H&R Block Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Oriental Yuhong Waterproof Technology Co Ltd
SHE:002271
|
$3.90 Billion |
|
Abercrombie & Fitch Company
NYSE:ANF
|
$3.90 Billion |
|
The Bidvest Group Limited
F:NQL1
|
$3.91 Billion |
|
Centrus Energy Corp.
NYSE MKT:LEU
|
$3.91 Billion |
|
Moelis & Co
NYSE:MC
|
$3.90 Billion |
|
Arcadis NV
PINK:ARCVF
|
$3.90 Billion |
|
Voltas Limited
NSE:VOLTAS
|
$3.89 Billion |
|
Federated Investors Inc B
NYSE:FHI
|
$3.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in H&R Block Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 90,594,000 to 88,896,000, a change of -1,698,000 (-1.9%).
- Net income of 605,773,000 contributed positively to equity growth.
- Dividend payments of 197,330,000 reduced retained earnings.
- Share repurchases of 437,133,000 reduced equity.
- Other comprehensive income increased equity by 1,090,000.
- Other factors increased equity by 25,902,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $605.77 Million | +681.44% |
| Dividends Paid | $197.33 Million | -221.98% |
| Share Repurchases | $437.13 Million | -491.74% |
| Other Comprehensive Income | $1.09 Million | +1.23% |
| Other Changes | $25.90 Million | +29.14% |
| Total Change | $- | -1.87% |
Book Value vs Market Value Analysis
This analysis compares H&R Block Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 48.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 42.01x to 48.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $0.74 | $31.17 | x |
| 1987-06-30 | $0.86 | $31.17 | x |
| 1988-06-30 | $0.91 | $31.17 | x |
| 1989-06-30 | $1.06 | $31.17 | x |
| 1990-06-30 | $1.18 | $31.17 | x |
| 1991-06-30 | $1.34 | $31.17 | x |
| 1992-06-30 | $1.41 | $31.17 | x |
| 1993-06-30 | $1.51 | $31.17 | x |
| 1994-06-30 | $1.66 | $31.17 | x |
| 1995-06-30 | $1.62 | $31.17 | x |
| 1996-06-30 | $2.45 | $31.17 | x |
| 1997-06-30 | $2.36 | $31.17 | x |
| 1998-06-30 | $3.11 | $31.17 | x |
| 1999-06-30 | $2.64 | $31.17 | x |
| 2000-06-30 | $3.07 | $31.17 | x |
| 2001-06-30 | $3.19 | $31.17 | x |
| 2002-06-30 | $3.69 | $31.17 | x |
| 2003-06-30 | $3.73 | $31.17 | x |
| 2004-06-30 | $5.25 | $31.17 | x |
| 2005-06-30 | $5.86 | $31.17 | x |
| 2006-06-30 | $6.44 | $31.17 | x |
| 2007-06-30 | $4.34 | $31.17 | x |
| 2008-06-30 | $3.02 | $31.17 | x |
| 2009-06-30 | $4.20 | $31.17 | x |
| 2010-06-30 | $4.32 | $31.17 | x |
| 2011-06-30 | $4.68 | $31.17 | x |
| 2012-06-30 | $4.44 | $31.17 | x |
| 2013-06-30 | $4.61 | $31.17 | x |
| 2014-06-30 | $5.64 | $31.17 | x |
| 2015-06-30 | $6.61 | $31.17 | x |
| 2016-06-30 | $0.09 | $31.17 | x |
| 2017-06-30 | $-0.28 | $31.17 | x |
| 2018-06-30 | $0.91 | $31.17 | x |
| 2019-06-30 | $2.62 | $31.17 | x |
| 2020-06-30 | $0.68 | $31.17 | x |
| 2021-06-30 | $1.87 | $31.17 | x |
| 2022-06-30 | $1.23 | $31.17 | x |
| 2023-06-30 | $0.21 | $31.17 | x |
| 2024-06-30 | $0.63 | $31.17 | x |
| 2025-06-30 | $0.65 | $31.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently H&R Block Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 681.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.11%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 36.72x
- Recent ROE (681.44%) is above the historical average (153.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 20.55% | 10.16% | 1.23x | 1.65x | $30.86 Million |
| 1987 | 20.94% | 10.68% | 1.09x | 1.80x | $38.30 Million |
| 1988 | 23.52% | 11.30% | 1.15x | 1.81x | $50.53 Million |
| 1989 | 22.47% | 12.54% | 0.97x | 1.85x | $55.61 Million |
| 1990 | 24.54% | 13.17% | 1.00x | 1.87x | $73.17 Million |
| 1991 | 24.42% | 13.20% | 1.02x | 1.81x | $82.74 Million |
| 1992 | 26.45% | 13.23% | 1.27x | 1.57x | $100.93 Million |
| 1993 | 27.78% | 13.07% | 1.37x | 1.55x | $115.65 Million |
| 1994 | 28.32% | 17.92% | 1.04x | 1.52x | $129.71 Million |
| 1995 | 15.64% | 13.58% | 0.73x | 1.57x | $38.67 Million |
| 1996 | 17.04% | 20.33% | 0.61x | 1.36x | $73.21 Million |
| 1997 | 4.78% | 4.35% | 0.58x | 1.91x | $-52.15 Million |
| 1998 | 29.23% | 30.88% | 0.44x | 2.16x | $257.97 Million |
| 1999 | 20.28% | 13.09% | 0.86x | 1.80x | $109.17 Million |
| 2000 | 20.67% | 10.27% | 0.43x | 4.68x | $130.04 Million |
| 2001 | 23.95% | 11.13% | 0.61x | 3.51x | $163.79 Million |
| 2002 | 31.72% | 13.22% | 0.78x | 3.09x | $297.46 Million |
| 2003 | 34.87% | 15.48% | 0.81x | 2.77x | $413.69 Million |
| 2004 | 36.59% | 17.27% | 0.75x | 2.84x | $504.39 Million |
| 2005 | 31.57% | 20.15% | 0.56x | 2.80x | $426.27 Million |
| 2006 | 22.83% | 13.72% | 0.60x | 2.79x | $275.63 Million |
| 2007 | -30.66% | -10.78% | 0.54x | 5.30x | $-575.10 Million |
| 2008 | -31.25% | -7.55% | 0.73x | 5.69x | $-407.43 Million |
| 2009 | 34.55% | 11.89% | 0.76x | 3.81x | $345.09 Million |
| 2010 | 33.27% | 12.37% | 0.74x | 3.63x | $335.18 Million |
| 2011 | 28.02% | 13.79% | 0.57x | 3.59x | $261.15 Million |
| 2012 | 20.06% | 9.52% | 0.60x | 3.51x | $133.34 Million |
| 2013 | 34.34% | 14.93% | 0.64x | 3.59x | $307.59 Million |
| 2014 | 30.53% | 15.71% | 0.64x | 3.02x | $319.50 Million |
| 2015 | 25.84% | 15.39% | 0.68x | 2.46x | $290.37 Million |
| 2016 | 1619.99% | 12.32% | 1.06x | 123.70x | $371.96 Million |
| 2017 | 0.00% | 13.47% | 1.13x | 0.00x | $415.03 Million |
| 2018 | 319.33% | 19.40% | 1.21x | 13.57x | $593.95 Million |
| 2019 | 78.02% | 13.65% | 0.94x | 6.09x | $368.36 Million |
| 2020 | -5.56% | -0.29% | 0.53x | 36.94x | $-21.05 Million |
| 2021 | 165.66% | 17.10% | 0.93x | 10.37x | $548.55 Million |
| 2022 | 261.62% | 15.99% | 1.06x | 15.45x | $532.51 Million |
| 2023 | 1726.86% | 15.95% | 1.13x | 95.82x | $550.49 Million |
| 2024 | 657.13% | 16.49% | 1.12x | 35.53x | $586.26 Million |
| 2025 | 681.44% | 16.11% | 1.15x | 36.72x | $596.88 Million |
Industry Comparison
This section compares H&R Block Inc's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $306,169,570
- Average return on equity (ROE) among peers: 458.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H&R Block Inc (HRB) | $-550.91 Million | 20.55% | N/A | $3.90 Billion |
| Andersen Group Inc. (ANDG) | $177.50 Million | 66.86% | 1.08x | $242.88K |
| Bright Horizons Family Solutions Inc (BFAM) | $145.51 Million | 13.75% | 0.70x | $4.17 Billion |
| Click Holdings Limited (CLIK) | $403.31K | 199.02% | 3.08x | $871.85K |
| Carriage Services Inc (CSV) | $202.10 Million | 4.70% | 1.31x | $653.20 Million |
| CVS Group plc (CVSGF) | $257.00 Million | 16.30% | 1.23x | $947.94 Million |
| Dror Ortho-Design Inc. (DROR) | $-374.60K | 0.00% | 0.00x | $4.09 Million |
| E-Home Household Service Holdings Ltd (EJH) | $64.27 Million | 9.97% | 0.16x | $2.03 Million |
| Eventiko Inc (EVTK) | $-14.26K | 0.00% | 0.00x | $3.58 Million |
| Fu Shou Yuan International Group Limited (FSHUF) | $2.21 Billion | 10.41% | 0.33x | $717.28 Million |
| Frontdoor Inc (FTDR) | $3.00 Million | 4266.67% | 355.33x | $4.51 Billion |