H&R BLOCK, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 46.5 USD | -0.30% |
|
-0.73% | -3.87% |
| Apr. 26 | IRS' Free Tax Filing Pilot Program Processes Over 140,000 Returns | MT |
| Apr. 03 | US, Canadian companies kick off 2024 with layoffs | RE |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,917 | 2,749 | 4,261 | 5,637 | 4,853 | 6,488 | - | - |
| Enterprise Value (EV) 1 | 5,702 | 3,582 | 4,261 | 6,674 | 5,801 | 7,429 | 7,577 | 7,587 |
| P/E ratio | 14.4 x | -357 x | 6.45 x | 11 x | 9.08 x | 11.9 x | 10.6 x | - |
| Yield | 3.55% | 7.28% | - | 3.06% | - | 2.78% | 2.92% | 3.33% |
| Capitalization / Revenue | 1.91 x | 1.04 x | 1.19 x | 1.63 x | 1.4 x | 1.83 x | 1.78 x | 1.78 x |
| EV / Revenue | 1.84 x | 1.36 x | 1.19 x | 1.93 x | 1.67 x | 2.09 x | 2.08 x | 2.08 x |
| EV / EBITDA | 7.14 x | 9.73 x | 4.05 x | 7.5 x | 6.34 x | 7.88 x | 7.76 x | 7.81 x |
| EV / FCF | 11,158,125 x | 131,320,223 x | - | 8,940,002 x | 7,712,937 x | - | - | - |
| FCF Yield | 0% | 0% | - | 0% | 0% | - | - | - |
| Price to Book | 10.9 x | 39.8 x | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 201,960 | 192,475 | 181,466 | 159,594 | 152,284 | 139,521 | - | - |
| Reference price 2 | 29.30 | 14.28 | 23.48 | 35.32 | 31.87 | 46.50 | 46.50 | 46.50 |
| Announcement Date | 6/11/19 | 6/16/20 | 8/9/21 | 8/9/22 | 8/15/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,095 | 2,640 | 3,589 | 3,463 | 3,472 | 3,553 | 3,638 | 3,650 |
| EBITDA 1 | 798.9 | 368.3 | 1,051 | 889.5 | 914.7 | 942.5 | 975.8 | 971.4 |
| EBIT 1 | 615.8 | 183.1 | - | 747.4 | 784.2 | 819.1 | 841.3 | 862.4 |
| Operating Margin | 19.9% | 6.94% | - | 21.58% | 22.58% | 23.06% | 23.13% | 23.63% |
| Earnings before Tax (EBT) 1 | 545.2 | -3.374 | 797.1 | 659.1 | 711.2 | 739.3 | 802.4 | - |
| Net income 1 | 422.5 | -7.526 | 683.9 | 553.7 | 553.7 | 561.7 | 599.3 | - |
| Net margin | 13.65% | -0.29% | 19.06% | 15.99% | 15.95% | 15.81% | 16.48% | - |
| EPS 2 | 2.040 | -0.0400 | 3.640 | 3.220 | 3.510 | 3.920 | 4.390 | - |
| Free Cash Flow | 511 | 27.28 | - | 746.6 | 752.1 | - | - | - |
| FCF margin | 16.51% | 1.03% | - | 21.56% | 21.66% | - | - | - |
| FCF Conversion (EBITDA) | 63.97% | 7.41% | - | 83.93% | 82.23% | - | - | - |
| FCF Conversion (Net income) | 120.96% | - | - | 134.84% | 135.84% | - | - | - |
| Dividend per Share 2 | 1.040 | 1.040 | - | 1.080 | - | 1.295 | 1.360 | 1.550 |
| Announcement Date | 6/11/19 | 6/16/20 | 8/9/21 | 8/9/22 | 8/15/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 192.6 | 158.8 | 2,062 | 1,050 | 180 | 166.4 | 2,094 | 1,032 | 183.8 | 179.1 | 2,137 | 1,052 | 186.4 | 170 |
| EBITDA 1 | -138.8 | -240.2 | 921.7 | 346.8 | -171.9 | -246.3 | 910 | 422.8 | -166.3 | -231.4 | 929.5 | 416.1 | - | - |
| EBIT 1 | -174.5 | -275.8 | 885.6 | 312.1 | -205.5 | -279 | 877.7 | 391 | -196.5 | -261.5 | 881.4 | 386.6 | -199.2 | -255.9 |
| Operating Margin | -90.58% | -173.68% | 42.95% | 29.72% | -114.18% | -167.67% | 41.92% | 37.88% | -106.9% | -146.03% | 41.24% | 36.75% | -106.89% | -150.57% |
| Earnings before Tax (EBT) 1 | -197.3 | -298.9 | 861.9 | 293.4 | -221.3 | -298 | 855.4 | 375.1 | -212.4 | -282.9 | 869.8 | 364.7 | - | - |
| Net income 1 | -151.6 | -190.6 | 673.2 | 222.7 | -168.4 | -223.6 | 643.4 | 302.3 | -163.5 | -189.8 | 646.2 | 268.2 | - | - |
| Net margin | -78.7% | -120.02% | 32.65% | 21.21% | -93.58% | -134.36% | 30.73% | 29.29% | -88.95% | -105.96% | 30.23% | 25.49% | - | - |
| EPS 2 | -0.8500 | -1.100 | 4.050 | 1.360 | -1.060 | -1.450 | - | 1.960 | -1.120 | -1.330 | 4.580 | 1.910 | - | - |
| Dividend per Share 2 | 0.2700 | 0.2700 | 0.2700 | 0.2700 | 0.2900 | 0.2900 | - | 0.3200 | 0.3200 | 0.3200 | 0.3200 | 0.3200 | - | - |
| Announcement Date | 11/2/21 | 2/1/22 | 5/10/22 | 8/9/22 | 11/1/22 | 2/7/23 | 5/9/23 | 8/15/23 | 11/7/23 | 2/6/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 833 | - | 1,038 | 948 | 941 | 1,089 | 1,099 |
| Net Cash position 1 | 215 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 2.263 x | - | 1.166 x | 1.036 x | 0.9987 x | 1.116 x | 1.132 x |
| Free Cash Flow | 511 | 27.3 | - | 747 | 752 | - | - | - |
| ROE (net income / shareholders' equity) | 90.4% | 54.7% | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | 2.680 | 0.3600 | - | - | - | - | - | - |
| Cash Flow per Share | 2.930 | - | - | - | - | - | - | - |
| Capex | 95.5 | 81.7 | - | 62 | 69.7 | - | - | - |
| Capex / Sales | 3.09% | 3.09% | - | 1.79% | 2.01% | - | - | - |
| Announcement Date | 6/11/19 | 6/16/20 | 8/9/21 | 8/9/22 | 8/15/23 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
46.5
USD
Average target price
49.67
USD
Spread / Average Target
+6.81%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.87% | 6.49B | |
| -12.82% | 284M | |
| -.--% | 62.2M | |
| -19.85% | 59.1M |
- Stock Market
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- Financials H&R Block, Inc.
