Announcement • 23h
H&R Block, Inc. Provides Earnings Guidance for the Fiscal Year 2027 H&R Block, Inc. provided earnings guidance for the fiscal year 2027. For the year, the company expects revenue to be in the range of $4.11 billion to $4.16 billion. Reported Earnings • Aug 13
Full year 2026 earnings released: EPS: US$5.71 (vs US$4.47 in FY 2025) Full year 2026 results: EPS: US$5.71 (up from US$4.47 in FY 2025). Revenue: US$3.95b (up 4.9% from FY 2025). Net income: US$736.3m (up 21% from FY 2025). Profit margin: 19% (up from 16% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$46.83, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Consumer Services industry in Europe. Total returns to shareholders of 53% over the past three years. Announcement • Jul 29
H&R Block, Inc. to Report Q4, 2026 Results on Aug 11, 2026 H&R Block, Inc. announced that they will report Q4, 2026 results on Aug 11, 2026 Upcoming Dividend • May 27
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 03 June 2026. Payment date: 07 July 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.5%). Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$35.32, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 13x in the Consumer Services industry in Europe. Total returns to shareholders of 30% over the past three years. Declared Dividend • May 10
Third quarter dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 3rd June 2026 Payment date: 7th July 2026 Dividend yield will be 4.6%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 4.3% over the next year. However, it would need to fall by 68% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • May 07
Third quarter 2026 earnings released: EPS: US$6.66 (vs US$5.38 in 3Q 2025) Third quarter 2026 results: EPS: US$6.66 (up from US$5.38 in 3Q 2025). Revenue: US$2.40b (up 5.3% from 3Q 2025). Net income: US$844.5m (up 17% from 3Q 2025). Profit margin: 35% (up from 32% in 3Q 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. New Risk • May 07
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 9.7% per year for the foreseeable future. Minor Risks Negative equity (-US$24m). Share price has been volatile over the past 3 months (9.6% average weekly change). Announcement • May 06
H&R Block, Inc. announces Quarterly dividend, payable on July 07, 2026 H&R Block, Inc. announced Quarterly dividend of USD 0.4200 per share payable on July 07, 2026, ex-date on June 03, 2026 and record date on June 03, 2026. Announcement • Apr 23
H&R Block, Inc. to Report Q3, 2026 Results on May 06, 2026 H&R Block, Inc. announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Upcoming Dividend • Feb 25
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 04 March 2026. Payment date: 06 April 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 5.6%. Within top quartile of British dividend payers (5.2%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$28.27, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Consumer Services industry in Europe. Total loss to shareholders of 20% over the past three years. Announcement • Feb 10
H&R Block Enhances Tax Services with AI and Digital Tools for 2026 H&R Block has announced several enhancements to its tax preparation services for the 2026 tax season. These enhancements include the introduction of AI Tax Assist, which provides clients with instant answers 24/7, and advanced AI tools for tax professionals to quickly address client questions. Additionally, the Smart Product Selector helps filers choose the appropriate DIY online support tier, while enhanced technology aids DIY filers in finding forms and maximizing deductions. These innovations are designed to blend AI-powered efficiency with the expertise of H&R Block's tax professionals, providing a sophisticated yet accessible filing experience for all taxpayers. Declared Dividend • Feb 08
Second quarter dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 4th March 2026 Payment date: 6th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 6.0% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 06
H&R Block, Inc. Announces Quarterly Cash Dividend, Payable on April 6, 2026 H&R Block, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.42 cents per share, payable April 6, 2026, to shareholders of record as of March 4, 2026. H&R Block has paid quarterly dividends consecutively for over sixty years since the Company became public in 1962. Announcement • Feb 04
H&R Block, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2026 H&R Block, Inc. reaffirmed earnings guidance for the Fiscal Year 2026. For the period, the company continues to expect: Revenue to be in the range of $3.875 to $3.895 billion. New Risk • Feb 04
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$823m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$823m). Minor Risks Significant insider selling over the past 3 months (US$3.5m sold). Reported Earnings • Feb 04
Second quarter 2026 earnings released: US$1.92 loss per share (vs US$1.77 loss in 2Q 2025) Second quarter 2026 results: US$1.92 loss per share (further deteriorated from US$1.77 loss in 2Q 2025). Revenue: US$198.9m (up 11% from 2Q 2025). Net loss: US$241.6m (flat on 2Q 2025). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jan 23
H&R Block, Inc. Announces Board and Committee Appointments, Effective January 20, 2026 H&R Block, Inc. appointed three new members to its Board of Directors: Geralyn R. Breig, former President of Revlon North America; Christian H. Charnaux, Chief Development Officer of Hilton Worldwide Holdings, Inc.; and Stephanie C. Plaines, former CFO of JCPenney, effective January 20, 2026. Geralyn Breig brings extensive consumer brand leadership that supports H&R Block's ongoing evolution of the client experience. She most recently served as President of Revlon North America, where she drove strategic growth initiatives, strengthened organizational capabilities, and expanded innovation pipelines. Her 40-year career includes serving as Chief Executive Officer of AnytownUSA, President of Clarks Americas, and President of Avon North America. Christian Charnaux has a history of success in scaling complex organizations and driving strategic growth, key strengths for H&R Block’s expansion of client delivery platforms. He currently serves as Chief Development Officer for Hilton, leading global development, architecture, design and construction. Prior to rejoining Hilton, Charnaux served as Chief Growth Officer for Inspire Brands, where he led more than $18 billion in acquisitions and integration efforts across a multi-brand restaurant company with over 33,000 locations worldwide. Stephanie Plaines is a former CFO, experienced board member, and accomplished executive whose expertise in finance, operations, and corporate strategy supports H&R Block's next chapter of growth. She currently serves as a Director for The Clorox Company and sits on its Audit Committee. Plaines brings broad experience across consumer staples, retail, e-commerce, real estate, and investment banking, with deep proficiency in omnichannel and digital business models. Her distinguished 30-year career includes serving as CFO of JCPenney, CFO of Jones Lang LaSalle, and U.S. CFO for Starbucks Corporation. The Board has appointed Mr. Charnaux and Ms. Plaines to the Audit Committee of the Board and Ms. Breig to the Compensation Committee and Governance and Nominating Committee of the Board. Announcement • Jan 21
H&R Block, Inc. to Report Q2, 2026 Results on Feb 03, 2026 H&R Block, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Feb 03, 2026 Announcement • Jan 09
H&R Block Tax Pro Review Free for New Clients with Purchase of Diy Products H&R Block announced it will include Tax Pro Review services at no additional cost in its paid DIY online tax products for new clients through February 15. This offer supports digital-first filers while leveraging the company's 70-year legacy of professional tax expertise. The One Big Beautiful Bill Act and other 2025 tax code changes introduce a greater level of complexity. H&R Block is well-positioned to provide expert guidance at each stage of the filing process, regardless of how clients choose to file, delivering a true omni-channel experience, from a fully DIY journey to a completely assisted filing with a tax professional in one of 10,000 retail offices. Tax Pro Review enables DIY filers to complete their returns independently online, then submit to an H&R Block tax professional for comprehensive review of the return and source documents--identifying any errors, optimization opportunities, and potential audit triggers before filing. Upon completion of the review, the tax professional signs and submits the return, just as they would with a traditionally prepared filing. The hybrid model addresses a critical market gap: consumers want digital efficiency but seek professional confidence. H&R Block's digital ecosystem now offers: AI Tax Assist: GenAI experience designed to answer tax questions, enabled by OpenAI models; Unlimited Expert Help: Access to human expertise at no added cost with the paid DIY option; Tax Pro Review: Human expert validation before filing (in included at no additional cost through February 15, with a paid DIY product); Tax Calculators: Real-time refund estimation tools. Tax Pro Review is an option that allows DIY filers to access H&R Block's knowledgeable tax experts to double-check completed tax returns to ensure that everything was completed correctly and make sure clients receive every credit and deduction they deserve. This option will be accessible free of charge through February 15, 2026, for new clients who opt to use H&R Block's online paid DIY products. Upcoming Dividend • Nov 27
Upcoming dividend of US$0.42 per share Eligible shareholders must have bought the stock before 04 December 2025. Payment date: 06 January 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.7%). Recent Insider Transactions • Nov 16
President recently sold US$1.5m worth of stock On the 12th of November, Jeffrey Jones sold around 31k shares on-market at roughly US$46.46 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jeffrey's only on-market trade for the last 12 months. Declared Dividend • Nov 09
First quarter dividend of US$0.42 announced Shareholders will receive a dividend of US$0.42. Ex-date: 4th December 2025 Payment date: 6th January 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.9% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 08
H&R Block, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2026 H&R Block, Inc. reaffirmed earnings guidance for the fiscal year 2026. For fiscal year, the company expects revenue to be in the range of $3.875 billion to $3.895 billion. Reported Earnings • Nov 08
First quarter 2026 earnings released: US$1.26 loss per share (vs US$1.23 loss in 1Q 2025) First quarter 2026 results: US$1.26 loss per share. Revenue: US$203.6m (up 5.0% from 1Q 2025). Net loss: US$165.4m (loss narrowed 3.7% from 1Q 2025). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Services industry in Europe. Announcement • Nov 05
H&R Block, Inc. Declares Quarterly Cash Dividend, Payable January 6, 2026 H&R Block, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.42 per share, payable January 6, 2026, to shareholders of record as of December 4, 2025. Announcement • Oct 24
H&R Block, Inc. to Report Q1, 2026 Results on Nov 06, 2025 H&R Block, Inc. announced that they will report Q1, 2026 results After-Market on Nov 06, 2025 Announcement • Sep 25
H&R Block, Inc., Annual General Meeting, Nov 05, 2025 H&R Block, Inc., Annual General Meeting, Nov 05, 2025. Declared Dividend • Aug 18
Fourth quarter dividend increased to US$0.42 Dividend of US$0.42 is 12% higher than last year. Ex-date: 4th September 2025 Payment date: 6th October 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 17
Full year 2025 earnings released: EPS: US$4.48 (vs US$4.20 in FY 2024) Full year 2025 results: EPS: US$4.48 (up from US$4.20 in FY 2024). Revenue: US$3.76b (up 4.2% from FY 2024). Net income: US$609.5m (up 2.3% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Aug 07
H&R Block, Inc. Announces Executive Appointments H&R Block, Inc. announced Jason Lenhart as Senior Vice President and Chief Technology Officer, and Monika Mehrotra as Senior Vice President, Operations & Technology. The leaders will help accelerate the company’s transformation, elevating its financial services and building on its 70-year legacy of empowering financial freedom for clients through trust and technology. Lenhart leads the company’s engineering teams in building scalable, product-driven solutions aligned with H&R Block’s consumer and small business ideal states. Previously, he served as Vice President of Technology Engineering at JetBlue, where he led software development. He brings a passion for developing rich customer experiences and has led teams in the launch of well-known digital products, including HBO Max. Lenhart holds a Bachelor of Science degree in Mechanical Engineering from the University of Tennessee, Knoxville, and a Master of Science degree in Computer Science from Drexel University. Mehrotra oversees financial products operations, fraud prevention, infrastructure, global systems, and India operations. Before joining H&R Block, she was Vice President of Global Operations at TransUnion. She brings a unique blend of engineering, global delivery, and operational excellence experience. Mehrotra holds a Bachelor of Technology degree in Computer Science from the Institute of Engineering and Technology in India and a Master of Business Administration in Finance from the University of Chicago Booth School of Business. Announcement • Jul 30
H&R Block, Inc. to Report Q4, 2025 Results on Aug 12, 2025 H&R Block, Inc. announced that they will report Q4, 2025 results After-Market on Aug 12, 2025 Upcoming Dividend • May 28
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 04 June 2025. Payment date: 03 July 2025. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (2.1%). Declared Dividend • May 12
Third quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 4th June 2025 Payment date: 3rd July 2025 Dividend yield will be 2.6%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.3% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 08
Third quarter 2025 earnings released: EPS: US$5.37 (vs US$4.94 in 3Q 2024) Third quarter 2025 results: EPS: US$5.37 (up from US$4.94 in 3Q 2024). Revenue: US$2.28b (up 4.2% from 3Q 2024). Net income: US$722.9m (up 5.0% from 3Q 2024). Profit margin: 32% (in line with 3Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
H&R Block, Inc. Declares Quarterly Cash Dividend, Payable on July 3, 2025 H&R Block, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.375 cents per share, payable July 3, 2025, to shareholders of record as of June 4, 2025. Announcement • Apr 24
H&R Block, Inc. to Report Q3, 2025 Results on May 07, 2025 H&R Block, Inc. announced that they will report Q3, 2025 results After-Market on May 07, 2025 Announcement • Apr 03
H&R Block, Inc. Announces Changes to Board Chairman, Effective April 1, 2025 H&R Block announced that the company’s Board of Directors has unanimously elected Richard A. Johnson as the new Chairman of the Board, effective April 1, 2025. Johnson joined the H&R Block Board of Directors in 2015 and is a member of the Audit and Compensation Committees. He succeeds Robert A. Gerard, who has served as Chairman since 2011. Johnson spent much of his business career at Foot Locker, completing his service as President, Chief Executive Officer, and Chairman of the Board. Johnson also serves on the Board of Directors of Build-A-Bear Workshop, Inc. and Graebel Companies, Inc., and on the Chancellor’s National Leadership Council at the University of Wisconsin, Eau Claire. Announcement • Mar 25
H&R Block, Inc. Names Phillip Miller as Chief Information Security Officer, effective March 31, 2025 H&R Block, Inc. announced that Phillip Miller will join the company as the new Vice President and Chief Information Security Officer (CISO) as of March 31. Miller brings over 15 years of executive security experience across retail, manufacturing, and technology sectors. Miller has built and maintained strategic programs for companies to meet security, legal, privacy and regulatory frameworks. Most recently, Phillip founded Qurple, LLC, where he served as an advisor and consultant for numerous companies. Prior to that, he held Vice President/Chief Information Security Officer roles at NetApp and Brooks Brother. Miller has also served as a Principal Security Advisor at Amazon Web Services where he advised financial services, health services, financial technology, and investment management companies on secure cloud computing and compliance strategies. Miller is the author of "Hacking Success," a book on information security policy and artificial intelligence. He holds a UK law degree, is a Certified Information Systems Security Professional (CISSP), and actively participates in privacy, ethics, and technology law forums. Announcement • Feb 28
H&R Block Launches Highly Immersive, Tax-Themed Experience Within Popular Roblox Games Mega Mansion Tycoon and Club Roblox H&R Block has launched a highly immersive, tax-themed experience within popular Roblox games Mega Mansion Tycoon and Club Roblox – the first-ever tax company to do so – for users ages 18 and older. The timing couldn’t be better as young adult Gen Z gamers may be unaware of their current tax obligations, and that their 2025 activity could trigger a 1099 form next year. H&R Block offers an immersive gaming experience that is authentically additive in the following ways: Through video ads on the platform, Roblox will feature a custom H&R Block-branded universe, launching on Feb. 28 and accessible to gamers ages 18 and up around the world through March 28, 2025; Users interact with 30-second H&R Block content in exchange for exclusive and limited-edition items for their avatars, making the gameplay experience easier and more enjoyable; A Club Roblox integration will take the H&R Block interactivity a step further. In doing so, users can engage with Max, H&R Block’s “TaxCot,” in a branded in-game tax office within the Club Roblox and Mega Mansion Tycoon games; and With Max’s help, players can complete tasks allowing them to level up – illustrating how it’s better with Block, and that H&R Block makes the tax process easy and convenient, no matter the complexity of the gamer's situation. WHY GAMING: For H&R Block, the most trusted company in tax prep, the addressable audience for potential gaming taxpayers is huge: more than half of 85M+ Roblox’s daily active users are Gen Z, engaging across community-created and brand-created content and immersive experiences. According to the U.S. Department of Labor, in late 2023, the share of Gen Zers in the workforce surpassed Baby Boomers for the first time. Upcoming Dividend • Feb 25
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 04 March 2025. Payment date: 03 April 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (1.9%). Declared Dividend • Feb 10
Second quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 4th March 2025 Payment date: 3rd April 2025 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 07
H&R Block, Inc Declares Quarterly Cash Dividend, Payable on April 3, 2025 H&R Block, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.375 cents per share, payable April 3, 2025, to shareholders of record as of March 4, 2025. New Risk • Feb 05
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$872m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$872m). Minor Risk Reported Earnings • Feb 05
Second quarter 2025 earnings released: US$1.79 loss per share (vs US$1.32 loss in 2Q 2024) Second quarter 2025 results: US$1.79 loss per share (further deteriorated from US$1.32 loss in 2Q 2024). Revenue: US$179.1m (flat on 2Q 2024). Net loss: US$242.5m (loss widened 29% from 2Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 22
H&R Block, Inc. to Report Q2, 2025 Results on Feb 04, 2025 H&R Block, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 04, 2025 Upcoming Dividend • Nov 28
Upcoming dividend of US$0.38 per share Eligible shareholders must have bought the stock before 05 December 2024. Payment date: 06 January 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.0%). Declared Dividend • Nov 11
First quarter dividend of US$0.38 announced Shareholders will receive a dividend of US$0.38. Ex-date: 5th December 2024 Payment date: 6th January 2025 Dividend yield will be 2.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.0% over the next year, which should provide support to the dividend and adequate earnings cover. New Risk • Nov 08
New minor risk - Negative shareholders equity The company has negative equity. Total equity: -US$368m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Minor Risks Negative equity (-US$368m). Significant insider selling over the past 3 months (US$6.9m sold). Reported Earnings • Nov 08
First quarter 2025 earnings released: US$1.23 loss per share (vs US$1.12 loss in 1Q 2024) First quarter 2025 results: US$1.23 loss per share (further deteriorated from US$1.12 loss in 1Q 2024). Revenue: US$98.7m (down 46% from 1Q 2024). Net loss: US$171.4m (loss widened 5.1% from 1Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 08
H&R Block, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2025 H&R Block, Inc. reaffirmed earnings guidance for the fiscal year 2025. For the period, the company expected revenue to be in the range of $3.69 billion to $3.75 billion. Announcement • Nov 07
H&R Block Declares Quarterly Cash Dividend, Payable on January 6, 2025 H&R Block, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.375 cents per share, payable January 6, 2025, to shareholders of record as of December 5, 2024. Announcement • Oct 25
H&R Block, Inc. to Report Q1, 2025 Results on Nov 07, 2024 H&R Block, Inc. announced that they will report Q1, 2025 results After-Market on Nov 07, 2024 Recent Insider Transactions • Sep 19
VP & Chief Accounting Officer recently sold US$515k worth of stock On the 16th of September, Kellie Logerwell sold around 8k shares on-market at roughly US$64.41 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.2m. Insiders have been net sellers, collectively disposing of US$9.1m more than they bought in the last 12 months. Recent Insider Transactions • Aug 22
Executive Officer recently sold US$5.2m worth of stock On the 19th of August, Tony Bowen sold around 79k shares on-market at roughly US$65.17 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$8.9m more than they bought in the last 12 months. Declared Dividend • Aug 19
Fourth quarter dividend increased to US$0.38 Dividend of US$0.38 is 17% higher than last year. Ex-date: 5th September 2024 Payment date: 3rd October 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
Full year 2024 earnings released: EPS: US$4.16 (vs US$3.63 in FY 2023) Full year 2024 results: EPS: US$4.16 (up from US$3.63 in FY 2023). Revenue: US$3.61b (up 4.0% from FY 2023). Net income: US$598.0m (up 6.9% from FY 2023). Profit margin: 17% (in line with FY 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 08
H&R Block Appoints Scott Manuel as Chief Strategy & Operations Officer H&R Block, Inc. announced that Scott Manuel will join the company in the newly created role of Chief Strategy and Operations Officer, effective August 7, 2024. Manuel will report to President and Chief Executive Officer Jeff Jones and will be charged with driving the strategic agenda for Block, while at the same time helping to build deeper capabilities in AI, productivity, client support and real estate. Prior to joining Block, Manuel was President and General Manager at Tribute Technology where he led the consolidation and transformation of acquired software companies serving the funeral home services industry. Previously, he was Chief Product Officer and General Manager at McClatchy, where he drove business model expansion and digital product transformation of the local-news media company. He also held various leadership roles at Thomson Reuters, a public, information and analytics company that serves tax, accounting, finance and legal professionals, where he expanded the company’s product capabilities in emerging technologies and co-invented five patents in digital identity. Manuel holds a Master of Business Administration from Duke University's Fuqua School of Business and a Bachelor of Science in Computer Engineering from North Carolina State University. He is also an Eagle Scout and a mentor for engineering and management students. He serves on the board of Syrinx Labs, a decision support company that creates competitive advantage for clients through the application of advanced technology. Announcement • Aug 02
H&R Block, Inc. to Report Q4, 2024 Results on Aug 15, 2024 H&R Block, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 15, 2024 Buy Or Sell Opportunity • Jul 09
Now 20% undervalued Over the last 90 days, the stock has risen 16% to US$54.09. The fair value is estimated to be US$68.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 1.8% in a year. Earnings are forecast to decline by 6.1% in the next year. Upcoming Dividend • May 29
Upcoming dividend of US$0.32 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (5.7%). In line with average of industry peers (2.5%). Buy Or Sell Opportunity • May 16
Now 20% undervalued Over the last 90 days, the stock has risen 12% to US$52.29. The fair value is estimated to be US$65.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 1.8% in a year. Earnings are forecast to decline by 6.1% in the next year. Announcement • May 15
Spruce Launches High Yield 3.50% APY for Savings Accounts Spruce, the mobile banking app built by H&R Block announced the addition of high-yield interest on savings accounts to potentially help customers stretch their dollars even further and achieve their savings goals fast. With a 3.50% APY, Spruce customers who opt in can now earn interest at seven times the national average. Spruce’s High-Yield Interest on Savings Joins Features Designed to Enhance Financial Health: Compounding Interest. With Spruce, after opting-in to earn interest, customers can benefit from daily compounding interest and earn 3.50% APY on every penny saved. With the ability to establish two separate saving goals in addition to their Extra Saving account, it is easy to set and track specific saving goals. In addition, Spruce customers can earn interest on deposits from Cash Back Rewards at participating retailers. Saving Goals That Work. From paying for school to buying a car, set personalized goals to save for what’s important. Spruce makes reaching those goals easier than ever with nudges. Spruce customers can add and withdraw from savings as often as they want — without penalty. Customers also can enjoy automatic savings through Round Up, an optional feature that automatically rounds up transactions to the next dollar amount and deposits the spare change into their Extra Saving account. Personalized Budget Trackers. With tools like the Watchlist, which tracks month-to-date spending and lets customers set spending limits by customizable categories, Spruce can help make improving financial health easier. Cash Back Rewards. Even while spending money, Spruce customers can still make money with automatic cash back rewards added to their Extra Saving account when they shop across the 10,000 participating retailers. Fee Transparency. With Spruce there are no sign-up or monthly fees, and no minimum balance required. Additionally, there is no ATM service fee if you withdraw money at one of the more than 55,000 Allpoint ATMs available nationwide and easy to find through the Spruce app. Courtesy overdraft coverage is provided, which allows qualifying customers who opt in to overdraft their account by up to $20 without a penalty fee. The Spruce mobile banking app can be downloaded in app stores. New and current customers can opt into interest directly in the app or by visiting sprucemoney.com after opening or signing into their account. Declared Dividend • May 12
Third quarter dividend of US$0.32 announced Shareholders will receive a dividend of US$0.32. Ex-date: 5th June 2024 Payment date: 3rd July 2024 Dividend yield will be 2.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 3.0% over the next year, which should provide support to the dividend and adequate earnings cover. New Risk • May 11
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.6% per year for the foreseeable future. Minor Risks Negative equity (-US$130m). Announcement • May 11
H&R Block, Inc. Revises Revenue Guidance for the Full Year 2024 H&R Block, Inc. revised revenue guidance for the full year 2024. The Company now expects to be near the high end of its previously provided outlook, which was: Revenue to be in the range of $3.530 billion to $3.585 billion. Reported Earnings • May 11
Third quarter 2024 earnings released: EPS: US$4.94 (vs US$4.22 in 3Q 2023) Third quarter 2024 results: EPS: US$4.94 (up from US$4.22 in 3Q 2023). Revenue: US$2.18b (up 4.4% from 3Q 2023). Net income: US$691.6m (up 7.5% from 3Q 2023). Profit margin: 32% (up from 31% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
H&R Block, Inc. Declares Quarterly Cash Dividend, Payable on July 3, 2024 H&R Block, Inc. announced that its board of directors declared a quarterly cash dividend of $0.32 cents per share, payable July 3, 2024, to shareholders of record as of June 5, 2024. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 3 highly experienced directors. Independent Director Mia Mends was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 28
H&R Block, Inc. to Report Q3, 2024 Results on May 09, 2024 H&R Block, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on May 09, 2024 Buy Or Sell Opportunity • Mar 04
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to US$50.72. The fair value is estimated to be US$41.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 3.1% in a year. Earnings are forecast to decline by 2.5% in the next year. Upcoming Dividend • Feb 26
Upcoming dividend of US$0.32 per share Eligible shareholders must have bought the stock before 04 March 2024. Payment date: 03 April 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (6.3%). In line with average of industry peers (2.5%). Reported Earnings • Feb 07
Second quarter 2024 earnings released: US$1.33 loss per share (vs US$1.42 loss in 2Q 2023) Second quarter 2024 results: US$1.33 loss per share (improved from US$1.42 loss in 2Q 2023). Revenue: US$179.1m (up 7.6% from 2Q 2023). Net loss: US$189.1m (loss narrowed 14% from 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Feb 05
First quarter dividend of US$0.32 announced Shareholders will receive a dividend of US$0.32. Ex-date: 4th March 2024 Payment date: 3rd April 2024 Dividend yield will be 2.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.4% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 01
H&R Block Announces Quarterly Cash Dividend, Payable on April 3, 2024 H&R Block, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.32 cents per share, payable April 3, 2024, to shareholders of record as of March 5, 2024. Announcement • Jan 29
H&R Block’S New Direct Import Feature Makes Switching from Turbotax to H&R Block DIY Online Fast and Easy H&R Block introduced Direct Import, a fast, secure, and convenient way to simplify tax preparation for people who want to switch from TurboTax to H&R Block DIY. Today, nearly 65 million people choose to file their own taxes. This innovative integration accelerates the tax preparation process and minimizes the time spent searching for and manually inputting the information from last year needed to file their taxes. Direct Import pulls in an individual’s prior year tax return data from TurboTax directly into H&R Block DIY online products. A tax filer simply inputs the phone number associated with their TurboTax account to make the switch. H&R Block’s innovative integration then leverages authenticated data retrieval to import up to 150 data fields, saving tax filers significant time and effort. Direct Import offers a secure and convenient way to transfer personal tax information. Direct Import is available today. It is offered across all of H&R Block’s DIY online tax filing options at no extra cost when people prepare their taxes with H&R Block Free, Deluxe, Premium, or Self-Employed Online Editions. Announcement • Jan 27
H&R Block, Inc. Names Curtis Campbell as President, Global Consumer Tax & Chief Product Officer H&R Block announced Curtis Campbell will join the company as its new President, Global Consumer Tax and its Chief Product Officer following the current tax season. As a member of the senior leadership team, Campbell will be instrumental in driving H&R Block's ambitions for its customers, communities, and team while delivering growth and profitability for the consumer tax business in the U.S., Canada, and Australia. Campbell is a strategic leader with a proven track record of driving transformation, delivering innovation and achieving significant revenue growth across various industries, including tax, fintech, software, hardware, and cloud. Campbell has a history of success in executive roles, including Managing Vice President at Capital One, Vice President at Intuit, and General Manager at Amazon Web Services. Most recently, he served as President and CEO of TaxAct, where, during his five-year tenure, he led the company through a dramatic transformation and double-digit revenue growth. In his role as President of Global Consumer Tax, Campbell will lead an enterprise-wide agenda to deliver customer-centric strategies and exceptional client and tax professional outcomes with a focus on achieving strong financial performance for the global consumer business. Having led product organizations at Dell, Amazon Web Services and Intuit, Campbell will also leverage his deep product management experience and expertise as H&R Block’s Chief Product Officer to drive company-wide product management excellence. Announcement • Jan 24
H&R Block, Inc. to Report Q2, 2024 Results on Feb 06, 2024 H&R Block, Inc. announced that they will report Q2, 2024 results After-Market on Feb 06, 2024 Announcement • Dec 15
H&R Block, Inc. Introduces H&R Block AI Tax Assist H&R Block, Inc. introduced H&R Block AI Tax Assist, a generative artificial intelligence experience designed to streamline the tax preparation process for individuals, the self-employed and small business owners to file and manage their taxes confidently. The technology combines the expertise H&R Block and its tax professionals have provided since 1955 with the power and efficiency of artificial intelligence to provide real-time, reliable tax filing assistance backed by H&R Block's 100% accuracy and maximum refund guarantees. With a strong emphasis on compliance with tax laws, H&R Block AI Tax assist leverages data from H&R Block's world-class The Tax Institute and the experience of more than 60,000 tax professionals to answer questions regarding current U.S. and state tax laws. It is simple to use and natively in the experience, enabling individuals to ask as many questions as needed conversationally and the ability to revisit previous conversation threads. If live help is preferred, H&R Block's tax professionals are there to assist at no additional charge. H&R Block AI TaxAssist helps DIY customers efficiently work through the tax preparation process by assisting with: Tax Information: AI Tax Assist can provide information on tax forms, deductions, and credits, maximizing potential refunds and minimizing tax liability. Tax Preparation: AI Tax Assist can guide individuals through questions as they prepare and file their taxes, answer tax theory questions and offer navigation instructions when needed. Tax Knowledge: AI Tax Assist can answer free-form tax-related questions, providing dynamic responses that clarify tax terms and give guidance on specific tax rules or general information about the U.S. and statetax system. Tax Changes: AI Tax Assist can answer questions about the tax code, recently changed laws and tax policies.H&R Block AI Tax Assist harnesses the power of Microsoft's Azure OpenAI Service, and H&R Block is the only company in the tax industry to be selected by Microsoft to participate in its AI 100, an exclusive group of companies that are prioritizing the development and deployment of solutions using Azure OpenAI Service. In addition to AI Tax Assist providing guidance on specific tax rules, it can answer questions about which H&R Block DIY product is best for each filing situation to aid individuals with filing returns that yield the maximum refund, guaranteed. The company offers several options for DIYers to file online, plus H&R Block AI Tax Assist and Live Tax Pro support are included at no extra charge when file with H&R Block Deluxe, Premium or Self-Employed Online Editions. Free Online Edition: Designed for individuals with simple tax situations, such as those who file a 1040 form without complex deductions or investments. It is great for those claiming unemployment income, earned income credits or education credits. Deluxe Online Edition: Perfect for people with itemized deductions and those with slightly more complex tax situations, such as homeowners and those with child and dependent care expenses. Premium Online Edition: Expertly built to handle more complex tax situations, H&R Block's premium online edition is a right fit for people with cryptocurrency, sold stocks or rental property income. It provides guidance and support for additional tax forms and schedules, such as D-S. and D-Employed Online Editions; and Free Online Edition: Designed for people with simple tax situations, including D-S., Premium or Self- Employed Online Editions; Free Online Edition: designed for individuals with simple tax situations; and Free Online Edition:designed for individuals with simple tax situations. It is great for those claims unemployment income, earned income credits and education credits; and Deluxe Online Edition: Perfect for People with itemized deductions and those With slightly more complex tax situations, including homeowners and those with child anddependent care expenses; Premium Online Edition: Expertly build to handle more complex tax situations; H&R Block's premium Online Edition is a right fits for people with cryptocurrency, sold stock or rental property income. It provide guidance and support for additional tax form and schedules, such as D. New Risk • Nov 29
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$2.5m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Negative equity (-US$345m). Significant insider selling over the past 3 months (US$2.5m sold). Recent Insider Transactions • Nov 29
Chief Financial Officer recently sold US$2.2m worth of stock On the 27th of November, Tony Bowen sold around 47k shares on-market at roughly US$47.10 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Tony's only on-market trade for the last 12 months. Upcoming Dividend • Nov 27
Upcoming dividend of US$0.32 per share at 2.7% yield Eligible shareholders must have bought the stock before 04 December 2023. Payment date: 04 January 2024. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (2.3%). Announcement • Nov 09
H&R Block Announces the Launch of the New and Improved H&R Block Emerald Advance Loan H&R Block announced the launch of the new and improved H&R Block Emerald Advanc Loan1, which provides qualifying individuals with up to $1,300 the same day they apply. Anyone can apply for the Emerald Advance Loan through Dec. 31. To get started, individuals can make an appointment online at HRBlock.com to meet with an H&R Block associate at one of nearly 4,000 participating H&R Block offices who will guide them through the application process. And those who are approved can leave with funds on an Emerald Card®? or deposited to their Spruce account. The Emerald Advance Loan has no application fee, and checking eligibility won't impact a customer's credit. With no monthly payments--and no payments required until March 31, 2024--approved customers now have more flexibility to pay what they can when they can. They simply must pay the loan in full by March 31, 2024. There are convenient repayment options, including using a debit card, check, or money order. And for those who file their taxes with H&R Block this upcoming tax season, the loan can conveniently be paid back with a tax refund. H&R Block Emerald advance®? Loan originated by Pathward®, N.A., Member FDIC. Subject to eligibility and credit approval. Annual Percentage Rate (APR) is 35.9%. Loan amounts vary from $350-$1300. If approved, loan proceeds will be disbursed as directed to prepaid card or checking account at Pathward. Additional terms and conditions apply, see account agreements for details. Offered for a limited time at participating locations. 2H&R Block Emerald Advance is issued by Pathward®,N.A., Member FDIC, pursuant to license by Mastercard. 
