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H&R Block Inc. (HRB) Stock Fundamental Analysis & AI Rating 2026

HRB NYSE Services-Personal Services MO CIK: 0000012659
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
82% Confidence
AGREEMENT
STRONG SELL
95% Conf
SELL
68% Conf

📊 HRB Key Takeaways

Revenue: $402.4M
Net Margin: -101.4%
Free Cash Flow: $-1.0B
Current Ratio: 1.29x
Debt/Equity: N/A
EPS: $4.39
AI Rating: STRONG SELL with 95% confidence
H&R Block Inc. (HRB) receives a SELL rating with 82% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $402.4M, net profit margin of -101.4%, H&R Block Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete HRB stock analysis for 2026.

Is H&R Block Inc. (HRB) a Good Investment?

Claude

H&R Block is in severe financial distress with negative stockholders' equity of -$823.1M, operating losses consuming 133% of revenue, and negative free cash flow of -$1.0B annually. The company is unsustainable at current burn rates and cannot service its $2.4B debt burden from operations, creating imminent solvency risk.

ChatGPT

While revenue is growing modestly and EPS shows YoY improvement, the latest fundamentals reflect deeply negative profitability, cash burn, and negative equity. Liquidity is serviceable, but high leverage and negative interest coverage heighten financial risk. A clear and sustained recovery in operating and free cash flow is needed before a more constructive stance is warranted.

Why Buy H&R Block Inc. Stock? HRB Key Strengths

Claude
  • + Modest revenue growth of 4.2% YoY shows core business demand persists
  • + Current ratio of 1.29x provides near-term liquidity buffer
  • + Cash position of $349.2M allows some operational flexibility
ChatGPT
  • + Revenue growth (+4.2% YoY)
  • + EPS growth (+6.6% YoY) suggesting underlying earnings resilience
  • + Adequate near‑term liquidity (current ratio 1.29x; $349M cash)

HRB Stock Risks: H&R Block Inc. Investment Risks

Claude
  • ! Negative equity of -$823.1M indicates technical insolvency and balance sheet deterioration
  • ! Operating cash flow of -$970.8M is structurally unsustainable without external capital
  • ! Negative interest coverage of -13.1x means inability to service debt from operations
  • ! Operating margin of -133.1% and net margin of -101.4% reflect fundamental unprofitability
  • ! Free cash flow of -$1.0B annually with $349.2M cash reserves implies 4-5 months of runway
ChatGPT
  • ! Negative stockholders’ equity with high long‑term debt ($2.44B) elevates balance‑sheet risk
  • ! Severely negative operating and free cash flow (FCF -$1.02B; OCF -$970.79M)
  • ! Deeply negative margins and interest coverage (-13.1x) indicate strained profitability

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory - must turn positive for viability
  • * Stockholders' equity - recovery essential to avoid insolvency
  • * Operating margin - path to profitability must stabilize at minimum
  • * Debt refinancing success - access to capital markets critical for survival
ChatGPT
  • * Free cash flow and operating cash flow trajectory
  • * Interest coverage and total debt trend

H&R Block Inc. (HRB) Financial Metrics & Key Ratios

Revenue
$402.4M
Net Income
$-408.0M
EPS (Diluted)
$4.39
Free Cash Flow
$-1.0B
Total Assets
$2.9B
Cash Position
$349.2M

💡 AI Analyst Insight

H&R Block Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

HRB Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -133.1%
Net Margin -101.4%
ROE N/A
ROA -13.9%
FCF Margin -253.4%

HRB vs Services Sector: How H&R Block Inc. Compares

How H&R Block Inc. compares to Services sector averages

Net Margin
HRB -101.4%
vs
Sector Avg 10.0%
HRB Sector
ROE
HRB 0.0%
vs
Sector Avg 16.0%
HRB Sector
Current Ratio
HRB 1.3x
vs
Sector Avg 1.5x
HRB Sector
Debt/Equity
HRB 0.0x
vs
Sector Avg 0.7x
HRB Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is H&R Block Inc. Stock Overvalued? HRB Valuation Analysis 2026

Based on fundamental analysis, H&R Block Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
N/A
Sector avg: 16%
Net Profit Margin
-101.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

H&R Block Inc. Balance Sheet: HRB Debt, Cash & Liquidity

Current Ratio
1.29x
Quick Ratio
1.29x
Debt/Equity
N/A
Debt/Assets
128.1%
Interest Coverage
-13.13x
Long-term Debt
$2.4B

HRB Revenue & Earnings Growth: 5-Year Financial Trend

HRB 5-year financial data: Year 2021: Revenue $3.4B, Net Income $422.5M, EPS $2.04. Year 2022: Revenue $3.5B, Net Income -$7.5M, EPS $-0.04. Year 2023: Revenue $3.5B, Net Income $583.8M, EPS $3.08. Year 2024: Revenue $3.6B, Net Income $553.7M, EPS $3.22. Year 2025: Revenue $3.8B, Net Income $553.7M, EPS $3.51.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: H&R Block Inc.'s revenue has grown significantly by 10% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.51 reflects profitable operations.

HRB Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-253.4%
Free cash flow / Revenue

HRB Quarterly Earnings & Performance

Quarterly financial performance data for H&R Block Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $179.1M -$165.8M N/A
Q3 2025 $2.2B -$163.5M $2.21
Q2 2025 $179.1M -$163.5M N/A
Q1 2025 $183.8M -$163.5M N/A
Q3 2024 $2.1B -$163.5M $1.58
Q2 2024 $166.4M -$163.5M N/A
Q1 2024 $180.0M -$163.5M N/A
Q3 2023 $2.1B -$151.6M $1.58

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

H&R Block Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$970.8M
Cash generated from operations
Stock Buybacks
$254.3M
Shares repurchased (TTM)
Capital Expenditures
$48.7M
Investment in assets
Dividends Paid
$104.6M
Returned to shareholders

HRB SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for H&R Block Inc. (CIK: 0000012659)

📋 Recent SEC Filings

Date Form Document Action
Feb 5, 2026 10-Q hrb-20251231.htm View →
Feb 3, 2026 8-K hrb-20260203.htm View →
Jan 23, 2026 4 xslF345X05/doc4.xml View →
Jan 23, 2026 4 xslF345X05/doc4.xml View →
Jan 23, 2026 4 xslF345X05/doc4.xml View →

Frequently Asked Questions about HRB

What is the AI rating for HRB?

H&R Block Inc. (HRB) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HRB's key strengths?

Claude: Modest revenue growth of 4.2% YoY shows core business demand persists. Current ratio of 1.29x provides near-term liquidity buffer. ChatGPT: Revenue growth (+4.2% YoY). EPS growth (+6.6% YoY) suggesting underlying earnings resilience.

What are the risks of investing in HRB?

Claude: Negative equity of -$823.1M indicates technical insolvency and balance sheet deterioration. Operating cash flow of -$970.8M is structurally unsustainable without external capital. ChatGPT: Negative stockholders’ equity with high long‑term debt ($2.44B) elevates balance‑sheet risk. Severely negative operating and free cash flow (FCF -$1.02B; OCF -$970.79M).

What is HRB's revenue and growth?

H&R Block Inc. reported revenue of $402.4M.

Does HRB pay dividends?

H&R Block Inc. pays dividends, with $104.6M distributed to shareholders in the trailing twelve months.

Where can I find HRB SEC filings?

Official SEC filings for H&R Block Inc. (CIK: 0000012659) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HRB's EPS?

H&R Block Inc. has a diluted EPS of $4.39.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HRB a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, H&R Block Inc. has a SELL rating with 82% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is HRB stock overvalued or undervalued?

Valuation metrics for HRB: ROE of N/A (sector avg: 16%), net margin of -101.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy HRB stock in 2026?

Our dual AI analysis gives H&R Block Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HRB's free cash flow?

H&R Block Inc.'s operating cash flow is $-970.8M, with capital expenditures of $48.7M. FCF margin is -253.4%.

How does HRB compare to other Services stocks?

Vs Services sector averages: Net margin -101.4% (avg: 10%), ROE N/A (avg: 16%), current ratio 1.29 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2025-12-31 | Powered by Claude AI