H&R Block
Market Cap
US$4.7b
Last Updated
2019/10/16 23:32 UTC
Data Sources
Company Financials +
Executive Summary
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products to the general public primarily in the United States, Canada, and Australia.
Snowflake
Fundamentals
6 star dividend payer and fair value.
Similar Companies
Share Price & News
How has H&R Block's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.5%
HRB
1.8%
US Consumer Services
2.3%
US Market
1 Year Return
-11.0%
HRB
24.0%
US Consumer Services
5.6%
US Market
Return vs Industry: HRB underperformed the US Consumer Services industry which returned 24% over the past year.
Return vs Market: HRB underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| HRB | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 1.8% | 2.3% |
| 30 Day | -1.9% | -0.6% | -1.0% |
| 90 Day | -16.3% | -0.6% | -0.7% |
| 1 Year | -7.5%-11.0% | 24.5%24.0% | 7.9%5.6% |
| 3 Year | 13.9%1.7% | 104.5%93.6% | 45.6%36.3% |
| 5 Year | -7.5%-22.0% | 146.3%120.6% | 65.8%47.6% |
Price Volatility Vs. Market
How volatile is H&R Block's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Have Insiders Been Selling H&R Block, Inc. (NYSE:HRB) Shares?1 month ago | Simply Wall St
3 Days Left Until H&R Block, Inc. (NYSE:HRB) Trades Ex-Dividend1 month ago | Simply Wall St
The H&R Block (NYSE:HRB) Share Price Is Down 20% So Some Shareholders Are Getting WorriedValuation
Is H&R Block undervalued compared to its fair value and its price relative to the market?
33.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: HRB ($23.6) is trading below our estimate of fair value ($35.67)
Significantly Undervalued: HRB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HRB is good value based on its PE Ratio (10.8x) compared to the Consumer Services industry average (26x).
PE vs Market: HRB is good value based on its PE Ratio (10.8x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: HRB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HRB is overvalued based on its PB Ratio (16.3x) compared to the US Consumer Services industry average (2.1x).
Next Steps
Future Growth
How is H&R Block forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-3.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRB's earnings are forecast to decline over the next 3 years (-3.2% per year).
Earnings vs Market: HRB's earnings are forecast to decline over the next 3 years (-3.2% per year).
High Growth Earnings: HRB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HRB's revenue (0.7% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: HRB's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: HRB's Return on Equity is forecast to be very high in 3 years time (63.5%).
Next Steps
Past Performance
How has H&R Block performed over the past 5 years?
1.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HRB's earnings have grown by 1.1% per year over the past 5 years.
Accelerating Growth: HRB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HRB had negative earnings growth (-26%) over the past year, making it difficult to compare to the Consumer Services industry average (5.5%).
Return on Equity
High ROE: Whilst HRB's Return on Equity (154.17%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
ROA vs Industry: HRB has a higher Return on Assets than the Consumer Services industry average last year.
Return on Capital Employed
ROCE Improving: HRB's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is H&R Block's financial position?
Financial Position Analysis
Short Term Liabilities: HRB's short term assets ($946.7M) exceeds its short term liabilities ($733.0M)
Long Term Liabilities: HRB's short term assets (946.7M) do not cover its long term liabilities (2.1B)
Debt to Equity History and Analysis
Debt Level: HRB's debt to equity ratio (513.5%) is considered high
Reducing Debt: HRB's debt to equity ratio has increased from 50.3% to 513.5% over the past 5 years.
Debt Coverage: HRB's debt is well covered by operating cash flow (33.4%).
Interest Coverage: HRB's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Inventory Level: HRB has a high level of physical assets or inventory.
Debt Coverage by Assets: HRB's debt is not covered by short term assets (assets are 0.6x debt).
Next Steps
Dividend
What is H&R Block's current dividend yield, its reliability and sustainability?
4.41%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: HRB's dividend (4.41%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: HRB's dividend (4.41%) is in the top 25% of dividend payers in the US market (3.76%)
Stable Dividend: HRB's dividends per share have been stable in the past 10 years.
Growing Dividend: HRB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.1%), HRB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HRB's dividends in 3 years are forecast to be covered by earnings (51.7% payout ratio).
Next Steps
Management
What is the CEO of H&R Block's salary, the management and board of directors tenure and is there insider trading?
3.4yrs
Average management tenure
CEO
Jeff Jones (51yo)
2yrs
Tenure
US$8,504,020
Compensation
Mr. Jeffrey J. Jones, II, also known as Jeff, has been the Chief Executive Officer and President at H&R Block, Inc. since October 9, 2017 and has been its Director since 2017. Mr. Jones is Director of Adva ...
CEO Compensation Analysis
Compensation vs. Market: Jeff has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.4yrs
Average Tenure
49yo
Average Age
Experienced Management: HRB's management team is considered experienced (3.4 years average tenure).
Board Age and Tenure
8.1yrs
Average Tenure
61yo
Average Age
Experienced Board: HRB's board of directors are considered experienced (8.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Accounting Officer Chief Accounting Officer & VP |
| Shares | 3,000 |
| Max Price | US$28.68 |
Ownership Breakdown
Management Team
Henry Bloch (97yo)
Co-Founder & Honorary Chairman
- Tenure: 0yrs
Tom Gerke (63yo)
Chief Administrative Officer & General Counsel
- Tenure: 3.4yrs
- Compensation: US$2.22m
Jeff Jones (51yo)
CEO, President & Director
- Tenure: 2yrs
- Compensation: US$8.50m
Colby Brown (45yo)
Vice President and Corporate Controller
- Tenure: 9.1yrs
Vinoo Vijay
Chief Marketing Officer
- Tenure: 1.5yrs
Kip Knight (62yo)
Senior Vice President of U.S. Franchise & International
- Tenure: 7.5yrs
- Compensation: US$1.66m
Tiffany Monroe (46yo)
Chief People Officer
- Tenure: 1.6yrs
Kellie Logerwell (49yo)
Chief Accounting Officer & VP
- Tenure: 3.3yrs
- Compensation: US$643.99k
Tony Bowen (44yo)
Chief Financial Officer
- Tenure: 3.4yrs
- Compensation: US$2.02m
Karen Orosco (48yo)
Senior Vice President of U.S. Retail Sales & Service
- Tenure: 3.4yrs
- Compensation: US$1.78m
Board Members
Bruce Rohde (70yo)
Independent Director
- Tenure: 9.3yrs
- Compensation: US$271.37k
David Lewis (68yo)
Independent Director
- Tenure: 15yrs
- Compensation: US$256.37k
Victoria Reich (61yo)
Independent Director
- Tenure: 8.1yrs
- Compensation: US$271.37k
Henry Bloch (97yo)
Co-Founder & Honorary Chairman
- Tenure: 0yrs
Jeff Jones (51yo)
CEO, President & Director
- Tenure: 2yrs
- Compensation: US$8.50m
Paul Brown (52yo)
Independent Director
- Tenure: 8.1yrs
- Compensation: US$267.37k
Christy Wood (59yo)
Independent Director
- Tenure: 11.3yrs
- Compensation: US$254.87k
Bob Gerard (74yo)
Independent Chairman of the Board
- Tenure: 8.5yrs
- Compensation: US$440.84k
Dick Johnson (61yo)
Independent Director
- Tenure: 4.1yrs
- Compensation: US$257.37k
Angela Archon (59yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$251.37k
Company Information
H&R Block, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: H&R Block, Inc.
- Ticker: HRB
- Exchange: NYSE
- Founded: 1955
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: US$4.737b
- Shares outstanding: 200.72m
- Website: https://www.hrblock.com
Number of Employees
Location
- H&R Block, Inc.
- One H&R Block Way
- Kansas City
- Missouri
- 64105
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HRB | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| HRB | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| 0HOB | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1969 |
Biography
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products to the general public primarily in th ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:32 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/07/31 |
| Annual Earnings | 2019/04/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.