H&R Block Inc (HRB)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,761,000 | 3,610,350 | 3,472,180 | 3,463,270 | 3,413,990 |
| Total assets | US$ in thousands | 3,263,900 | 3,218,810 | 3,072,260 | 3,269,160 | 3,653,650 |
| Total asset turnover | 1.15 | 1.12 | 1.13 | 1.06 | 0.93 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,761,000K ÷ $3,263,900K
= 1.15
The total asset turnover ratio of H&R Block Inc has demonstrated a steady increase over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio rose from 0.93 in 2021 to 1.06 in 2022, indicating an improvement in the company's efficiency in generating revenue from its assets. This upward trend continued through 2023, reaching approximately 1.13, which suggests a further enhancement in asset utilization. In the subsequent years, 2024 and 2025, the ratio maintained high levels of 1.12 and 1.15 respectively, reflecting sustained efficiency in utilizing assets to generate sales. Overall, the progression of the total asset turnover ratio indicates a positive trajectory in operational efficiency, with H&R Block increasingly leveraging its assets more effectively to support revenue growth over the analyzed period.
Peer comparison
Jun 30, 2025