H&R Block Inc (HRB)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,674,880 | 1,618,780 | 1,548,730 | 1,582,010 | 1,571,900 |
| Revenue | US$ in thousands | 3,761,000 | 3,610,350 | 3,472,180 | 3,463,270 | 3,413,990 |
| Gross profit margin | 44.53% | 44.84% | 44.60% | 45.68% | 46.04% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,674,880K ÷ $3,761,000K
= 44.53%
The gross profit margin of H&R Block Inc. exhibits a generally stable trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the gross profit margin was recorded at 46.04% for June 30, 2021, indicating that approximately 46.04 cents of gross profit were generated per dollar of revenue. By June 30, 2022, the margin slightly declined to 45.68%, representing a marginal decrease in profitability from core operations. The downward trend continued into June 30, 2023, with the margin decreasing further to 44.60%.
In the subsequent fiscal year ending June 30, 2024, the gross profit margin demonstrated a slight recovery, increasing marginally to 44.84%. Nonetheless, this improvement was modest and did not significantly offset the previous declines. By June 30, 2025, the gross profit margin settled at 44.53%, remaining relatively consistent with the prior year despite minor fluctuations.
Overall, the data indicates a slight downward trajectory in H&R Block Inc.'s gross profit margin over the four-year span, with the margin decreasing by approximately 1.51 percentage points from 46.04% in 2021 to 44.53% in 2025. This trend suggests a gradual compression of gross profitability, possibly driven by factors such as increased cost of revenues, competitive pressures, or shifts in service mix. Despite this, the gross profit margin has remained within a relatively narrow range, reflecting a degree of operational stability in gross profitability margins across the period.
Peer comparison
Jun 30, 2025