H&R Block Inc (HRB) — Working Capital to Net Assets Ratio
H&R Block Inc (HRB) has a Working Capital to Net Assets ratio of 31.8% as of September 2025. Working capital of $-175.31 Million (current assets of $564.24 Million minus current liabilities of $739.55 Million) is measured against net assets of $-550.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is H&R Block Inc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
H&R Block Inc Working Capital to Net Assets (1986–2025)
This chart shows how H&R Block Inc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of September 2025, the ratio stands at 31.8%, reflecting working capital of $-175.31 Million against net assets of $-550.91 Million USD. Check H&R Block Inc (HRB) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for H&R Block Inc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for H&R Block Inc from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see HRB market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -153.1% | $-136.06 Million | $88.90 Million | $1.16 Billion | $1.30 Billion | ▼ -442.4 pp |
| 2024 | 289.4% | $262.15 Million | $90.59 Million | $1.24 Billion | $977.33 Million | ▼ -486.3 pp |
| 2023 | 775.6% | $248.70 Million | $32.06 Million | $1.19 Billion | $938.78 Million | ▲ +593.4 pp |
| 2022 | 182.2% | $385.64 Million | $211.63 Million | $1.38 Billion | $998.81 Million | ▲ +29.9 pp |
| 2021 | 152.3% | $536.64 Million | $352.40 Million | $1.70 Billion | $1.16 Billion | ▼ -1497.2 pp |
| 2020 | 1649.5% | $2.23 Billion | $135.28 Million | $3.00 Billion | $765.96 Million | ▲ +1451.8 pp |
| 2019 | 197.7% | $1.07 Billion | $541.53 Million | $1.99 Billion | $923.00 Million | ▼ -176.4 pp |
| 2018 | 374.0% | $718.13 Million | $192.01 Million | $1.28 Billion | $564.00 Million | ▲ +1042.1 pp |
| 2017 | -668.1% | $406.76 Million | $-60.88 Million | $1.35 Billion | $939.28 Million | ▼ -1205.9 pp |
| 2016 | 537.8% | $181.00 Million | $33.65 Million | $1.22 Billion | $1.04 Billion | ▲ +479.3 pp |
| 2015 | 58.5% | $1.07 Billion | $1.83 Billion | $2.95 Billion | $1.88 Billion | ▲ +7.1 pp |
| 2014 | 51.5% | $800.89 Million | $1.56 Billion | $3.11 Billion | $2.31 Billion | ▲ +15.8 pp |
| 2013 | 35.6% | $450.14 Million | $1.26 Billion | $2.46 Billion | $2.01 Billion | ▲ +37.5 pp |
| 2012 | -1.9% | $-25.43 Million | $1.33 Billion | $2.50 Billion | $2.53 Billion | ▼ -20.1 pp |
| 2011 | 18.1% | $263.06 Million | $1.45 Billion | $2.48 Billion | $2.21 Billion | ▼ -4.6 pp |
| 2010 | 22.7% | $327.55 Million | $1.44 Billion | $2.65 Billion | $2.32 Billion | ▲ +10.4 pp |
| 2009 | 12.3% | $172.80 Million | $1.41 Billion | $2.57 Billion | $2.40 Billion | ▲ +61.1 pp |
| 2008 | -48.8% | $-481.89 Million | $987.82 Million | $2.61 Billion | $3.10 Billion | ▲ +76.9 pp |
| 2007 | -125.7% | $-1.72 Billion | $1.37 Billion | $3.45 Billion | $5.18 Billion | ▼ -120.8 pp |
| 2006 | -4.9% | $-105.00 Million | $2.15 Billion | $2.79 Billion | $2.89 Billion | ▼ -49.1 pp |
| 2005 | 44.2% | $861.71 Million | $1.95 Billion | $3.07 Billion | $2.21 Billion | ▲ +19.7 pp |
| 2004 | 24.5% | $481.45 Million | $1.97 Billion | $2.95 Billion | $2.47 Billion | ▼ -26.6 pp |
| 2003 | 51.1% | $850.16 Million | $1.66 Billion | $2.75 Billion | $1.90 Billion | ▲ +24.4 pp |
| 2002 | 26.7% | $365.44 Million | $1.37 Billion | $2.25 Billion | $1.88 Billion | ▲ +2.6 pp |
| 2001 | 24.1% | $282.80 Million | $1.17 Billion | $2.27 Billion | $1.99 Billion | ▼ -4.1 pp |
| 2000 | 28.2% | $343.09 Million | $1.22 Billion | $3.86 Billion | $3.52 Billion | ▼ -22.1 pp |
| 1999 | 50.2% | $533.59 Million | $1.06 Billion | $1.09 Billion | $553.83 Million | ▼ -14.3 pp |
| 1998 | 64.6% | $866.38 Million | $1.34 Billion | $2.14 Billion | $1.28 Billion | ▲ +15.2 pp |
| 1997 | 49.3% | $556.86 Million | $1.13 Billion | $1.27 Billion | $713.14 Million | ▼ -39.5 pp |
| 1996 | 88.8% | $923.16 Million | $1.04 Billion | $1.26 Billion | $339.75 Million | ▲ +48.4 pp |
| 1995 | 40.4% | $276.80 Million | $685.87 Million | $635.51 Million | $358.71 Million | ▼ -11.0 pp |
| 1994 | 51.4% | $363.60 Million | $707.90 Million | $699.80 Million | $336.20 Million | ▲ +11.4 pp |
| 1993 | 40.0% | $260.00 Million | $650.50 Million | $589.90 Million | $329.90 Million | ▲ +0.8 pp |
| 1992 | 39.1% | $240.20 Million | $613.70 Million | $568.00 Million | $327.80 Million | ▲ +2.4 pp |
| 1991 | 36.7% | $210.70 Million | $573.60 Million | $648.00 Million | $437.30 Million | ▼ -9.0 pp |
| 1990 | 45.8% | $230.40 Million | $503.30 Million | $642.20 Million | $411.80 Million | ▼ -7.8 pp |
| 1989 | 53.6% | $238.80 Million | $445.90 Million | $595.50 Million | $356.70 Million | ▲ +12.2 pp |
| 1988 | 41.4% | $154.70 Million | $373.70 Million | $440.10 Million | $285.40 Million | ▼ -2.5 pp |
| 1987 | 43.9% | $153.50 Million | $350.00 Million | $414.10 Million | $260.60 Million | ▲ +7.8 pp |
| 1986 | 36.1% | $105.50 Million | $292.40 Million | $288.90 Million | $183.40 Million | — |