H&R Block market cap is $4.3 b, and annual revenue was $2.64 b in FY 2020

H&R Block Cash, 31-Jan-2021280.2 M

H&R Block EV6.8 B

H&R Block revenue was $2.64 b in FY, 2020

H&R Block revenue breakdown by business segment: 5.4% from Revenues from Refund Transfers, 7.8% from U.S. Royalties, 61.6% from U.S. Assisted Tax Preparation Fees, 7.2% from International Revenues, 7.7% from U.S. DIY Tax Preparation Fees and 10.3% from Other

- Source: SEC Filings

- Source: SEC Filings

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 1.8b | 1.7b | 1.9b | 1.7b | 2.2b | 2.0b | 896.8m | 1.0b | 1.5b | 1.6b | 2.7b |

## Accounts Receivable | 518.0m | 492.3m | 193.9m | 206.8m | 191.6m | 168.0m | 153.1m | 162.8m | 146.8m | 139.0m | 133.2m |

## Prepaid Expenses | 314.7m | 390.1m | 198.3m | 70.3m | 66.6m | 65.7m | 69.0m | 146.7m | 80.5m | ||

## Current Assets | 2.6b | 2.5b | 2.5b | 2.5b | 3.1b | 3.0b | 1.2b | 1.3b | 1.9b | 2.0b | 3.1b |

## PP&E | 345.5m | 307.3m | 253.0m | 267.9m | 304.9m | 311.4m | 293.6m | 263.8m | 231.9m | 212.1m | 184.4m |

## Goodwill | 840.4m | 846.2m | 427.6m | 434.8m | 436.1m | 441.8m | 470.8m | 491.2m | 507.9m | 519.9m | 712.1m |

## Total Assets | 5.2b | 5.2b | 4.6b | 4.5b | 4.7b | 4.5b | 2.8b | 2.7b | 3.1b | 3.3b | 5.1b |

## Accounts Payable | 569.0m | 231.3m | 259.6m | 217.0m | 252.0m | 249.5m | 203.1m | ||||

## Short-term debt | 3.7m | 3.4m | 631.4m | 722.0k | 400.6m | 790.0k | 826.0k | 981.0k | 1.0m | 844.9m | |

## Current Liabilities | 2.3b | 2.2b | 2.5b | 2.0b | 2.3b | 1.9b | 1.0b | 939.3m | 843.7m | 923.0m | 1.6b |

## Long-term debt | 1.0b | 1.0b | 409.1m | 906.0m | 505.8m | 505.3m | 1.5b | 1.5b | 1.5b | 1.5b | 3.2b |

## Total Debt | 1.0b | 1.1b | 1.0b | 906.7m | 906.5m | 506.1m | 1.5b | 1.5b | 1.5b | 1.5b | 4.0b |

## Total Liabilities | 3.8b | 3.8b | 3.3b | 3.3b | 3.1b | 2.7b | 2.8b | 2.8b | 2.7b | 2.8b | 5.0b |

## Common Stock | 4.3m | 4.1m | 4.0m | 3.2m | 3.2m | 3.2m | 2.6m | 2.5m | 2.5m | 2.4m | 2.3m |

## Additional Paid-in Capital | 832.6m | 812.7m | 796.8m | 752.5m | 766.7m | 783.8m | 758.2m | 754.9m | 760.3m | 767.6m | 775.4m |

## Retained Earnings | 2.7b | 2.7b | 2.5b | 1.3b | 1.6b | 1.8b | 40.3m | (48.2m) | 363.0m | 499.4m | 43.0m |

## Total Equity | 1.4b | 1.4b | 1.3b | 1.3b | 1.6b | 1.8b | 23.1m | (60.9m) | 393.7m | 541.5m | 71.0m |

## Debt to Equity Ratio | 64.6 x | -24.5 x | 3.8 x | 2.8 x | |||||||

## Debt to Assets Ratio | 0.5 x | 0.6 x | 0.5 x | 0.5 x | |||||||

## Financial Leverage | 3.6 x | 3.6 x | 3.5 x | 3.6 x | 3 x | 2.5 x | 123.2 x | -44.3 x | 8 x | 6.1 x | 72 x |

- Source: SEC Filings

- Source: SEC Filings

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 479.2m | 406.1m | 265.9m | 433.9m | 475.2m | 473.7m | 374.3m | 408.9m | 613.1m | 422.5m | (7.5m) |

## Depreciation and Amortization | 126.9m | 121.6m | 103.6m | 92.4m | 115.6m | 159.8m | 173.6m | 182.2m | 183.3m | 166.7m | 169.5m |

## Accounts Receivable | 87.9m | (105.7m) | 49.8m | (72.7m) | (30.4m) | (68.1m) | (70.7m) | (77.9m) | (65.6m) | (73.6m) | (66.9m) |

## Accounts Payable | (305.0k) | (111.7m) | (45.1m) | (37.0m) | 34.5m | 681.0k | 16.7m | (30.5m) | 32.6m | 54.8m | (124.0m) |

## Cash From Operating Activities | 587.5m | 512.5m | 362.0m | 497.1m | 809.6m | 626.6m | 544.6m | 552.2m | 850.0m | 606.5m | 109.0m |

## Purchases of PP&E | (90.5m) | (63.0m) | (82.5m) | (113.2m) | (147.0m) | (123.2m) | (95.5m) | (81.7m) | |||

## Capital Expenditures | (99.9m) | (89.3m) | (98.6m) | ||||||||

## Cash From Investing Activities | 31.4m | (110.2m) | 351.9m | (110.9m) | 10.7m | (148.9m) | 329.5m | 99.3m | (112.1m) | (155.1m) | (470.2m) |

## Short-term Borrowings | (50.0m) | (25.0m) | |||||||||

## Long-term Borrowings | (636.6m) | (400.0m) | (1.5b) | (1.7b) | (830.0m) | (720.0m) | (1.3b) | ||||

## Dividends Paid | (200.9m) | (186.8m) | (208.8m) | (217.2m) | (219.0m) | (220.0m) | (201.7m) | (187.1m) | (200.5m) | (205.5m) | (204.9m) |

## Cash From Financing Activities | (481.1m) | (534.4m) | (445.1m) | (584.5m) | (364.9m) | (645.8m) | (2.0b) | (530.4m) | (190.7m) | (403.7m) | 1.5b |

## Net Change in Cash | 149.4m | (126.2m) | 266.5m | (196.7m) | 437.7m | (178.1m) | (1.1b) | 116.6m | 546.1m | 44.0m | 1.2b |

## Interest Paid | 78.3m | 73.8m | 69.7m | 73.6m | 55.2m | 44.8m | 59.1m | 87.2m | 84.3m | 82.4m | 87.4m |

## Income Taxes Paid | 359.6m | 244.9m | 218.4m | 155.6m | 155.7m | 236.6m | 165.2m | 163.5m | 8.3m | 133.0m | 89.2m |

## Free Cash Flow | 444.6m | 462.9m | 751.4m |

- Source: SEC Filings

USD | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q3, 2021 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | (130.7m) | (239.7m) | (252.5m) | (175.1m) | (316.8m) | (320.2m) | (107.4m) | (212.7m) | (230.4m) | (115.2m) | (244.7m) | (326.4m) | (123.7m) | (269.9m) | (374.4m) | (130.6m) | (284.1m) | (529.8m) | (152.7m) | (328.9m) | (455.4m) | (150.2m) | (338.2m) | (467.9m) | 91.3m | (365.5m) | ||||||

## Depreciation and Amortization | 6.9m | 14.2m | 21.6m | 21.0m | 33.1m | 50.9m | 16.3m | 34.2m | 54.3m | 16.8m | 82.4m | 127.7m | 41.3m | 87.0m | 132.2m | 43.6m | 88.4m | 136.9m | 40.4m | 81.9m | 126.0m | 38.6m | 81.3m | 125.4m | 39.5m | 117.2m | ||||||

## Accounts Receivable | 67.4m | (686.0m) | 49.2m | 48.7m | (646.3m) | 65.0m | 78.0m | (651.2m) | 67.0m | 75.3m | (640.5m) | 60.5m | 71.9m | (684.3m) | 26.1m | (438.3m) | ||||||||||||||||

## Accounts Payable | (79.9m) | (32.2m) | (98.8m) | (99.4m) | (33.6m) | (66.7m) | (85.8m) | (36.6m) | (99.7m) | (120.9m) | (47.5m) | (284.6m) | (267.3m) | (166.2m) | (123.0m) | (37.6m) | ||||||||||||||||

## Cash From Operating Activities | (348.3m) | (548.0m) | (1.5b) | (394.5m) | (582.6m) | (1.4b) | (373.1m) | (567.0m) | (1.3b) | (318.7m) | (492.4m) | (1.1b) | (381.6m) | (627.6m) | (1.2b) | (378.2m) | (602.7m) | (1.4b) | (458.0m) | (720.4m) | (1.4b) | (409.1m) | (648.5m) | (1.4b) | (375.6m) | (627.7m) | (1.3b) | (483.8m) | (693.3m) | (1.5b) | (20.5m) | (908.7m) |

## Purchases of PP&E | (8.6m) | (35.0m) | (51.2m) | (11.0m) | (40.5m) | (71.5m) | (13.3m) | (60.7m) | (96.1m) | (34.4m) | (86.9m) | (125.7m) | (25.8m) | (70.9m) | (98.9m) | (80.0m) | (15.2m) | (42.9m) | (66.5m) | (8.3m) | (48.0m) | |||||||||||

## Capital Expenditures | (8.7m) | (38.8m) | (66.4m) | (6.2m) | (44.9m) | (73.9m) | (13.1m) | (56.7m) | (77.9m) | (12.1m) | (66.4m) | |||||||||||||||||||||

## Cash From Investing Activities | (6.0m) | (16.6m) | (36.1m) | (14.3m) | (127.1m) | 323.5m | (6.7m) | (64.1m) | (180.3m) | (29.1m) | (64.0m) | (67.9m) | (26.3m) | (80.7m) | (132.7m) | 32.1m | 365.1m | 314.0m | 5.1m | (55.8m) | 64.7m | (13.0m) | (79.4m) | (122.6m) | (6.6m) | (83.2m) | (119.3m) | (358.8m) | (417.1m) | (489.7m) | 4.4m | (74.1m) |

## Short-term Borrowings | (2.7b) | |||||||||||||||||||||||||||||||

## Long-term Borrowings | (30.8m) | (30.8m) | (636.6m) | (225.0m) | (50.0m) | (445.0m) | (40.0m) | (230.0m) | (285.0m) | (3.0b) | ||||||||||||||||||||||

## Dividends Paid | (48.7m) | (95.1m) | (140.9m) | (45.9m) | (91.4m) | (150.1m) | (54.2m) | (108.4m) | (162.7m) | (54.5m) | (109.3m) | (164.1m) | (54.9m) | (109.9m) | (164.9m) | (55.1m) | (110.3m) | (157.5m) | (48.5m) | (96.0m) | (141.5m) | (49.9m) | (100.1m) | (150.3m) | (52.1m) | (103.5m) | (154.9m) | (52.5m) | (104.1m) | (154.8m) | (50.0m) | (147.9m) |

## Cash From Financing Activities | (348.9m) | (281.9m) | 1.2b | (257.3m) | (389.4m) | 603.8m | (623.1m) | (51.6m) | (33.3m) | (229.3m) | (392.5m) | (101.9m) | (348.4m) | (845.3m) | 531.3m | (350.7m) | (1.4b) | (688.2m) | (117.0m) | 121.4m | 638.5m | (27.4m) | (106.9m) | 631.3m | (169.9m) | (226.3m) | 110.4m | (100.2m) | (176.8m) | 611.9m | (56.7m) | (1.4b) |

## Net Change in Cash | (705.4m) | (844.3m) | (338.4m) | (665.1m) | (1.1b) | (458.9m) | (1.0b) | (683.4m) | (1.5b) | (583.7m) | (956.8m) | (1.3b) | (755.8m) | (1.6b) | (864.2m) | (707.8m) | (1.6b) | (1.8b) | (572.0m) | (658.9m) | (709.6m) | (449.4m) | (835.9m) | (847.1m) | (553.2m) | (940.4m) | (1.4b) | (942.3m) | (1.3b) | (1.3b) | (66.4m) | (2.4b) |

## Interest Paid | 27.3m | 30.9m | 69.3m | 37.6m | 27.7m | 55.3m | 13.5m | 42.1m | 62.2m | 15.9m | 27.8m | 43.3m | 15.4m | 27.4m | 43.6m | 15.4m | 15.6m | 32.8m | 15.5m | 40.7m | 59.8m | 15.5m | 39.9m | 57.8m | 15.5m | 39.9m | 55.6m | 15.5m | 40.0m | 66.0m | 26.5m | 78.1m |

## Income Taxes Paid | 64.7m | 103.8m | 159.9m | 99.4m | 122.8m | 163.5m | 19.7m | 48.2m | 105.0m | 106.5m | 116.1m | 87.7m | 88.9m | 157.7m | 201.4m | 75.4m | 132.1m | 157.7m | 61.3m | 112.3m | 158.7m | 57.9m | 76.5m | 102.8m | 32.0m | 50.2m | 103.8m | 36.1m | 54.1m | 84.9m | 79.1m | 97.0m |

## Free Cash Flow | (386.9m) | (641.5m) | (1.5b) | (464.2m) | (765.3m) | (1.5b) | (422.2m) | (705.2m) | (1.4b) | (387.6m) | (694.1m) |

- Source: SEC Filings

USD | FY, 2010 |
---|---|

## Financial Leverage | 3.6 x |