H&R Block Inc (HRB)
Gross profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Apr 30, 2021 | Mar 31, 2021 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,674,882 | 1,653,057 | 1,604,177 | 1,618,572 | 1,618,785 | 1,613,915 | 1,565,045 | 1,553,849 | 1,548,730 | 1,528,464 | 1,548,804 | 1,675,228 | 1,706,997 | 1,383,789 | 674,428 | 965,938 | 920,956 | 2,139,493 | 1,518,851 | 1,160,811 |
| Revenue (ttm) | US$ in thousands | 3,760,990 | 3,712,610 | 3,620,340 | 3,620,353 | 3,610,343 | 3,579,863 | 3,488,683 | 3,476,005 | 3,472,190 | 3,490,110 | 3,458,220 | 3,450,631 | 3,463,270 | 2,666,961 | 2,911,941 | 3,354,155 | 3,447,914 | 5,522,333 | 3,360,945 | 3,068,142 |
| Gross profit margin | 44.53% | 44.53% | 44.31% | 44.71% | 44.84% | 45.08% | 44.86% | 44.70% | 44.60% | 43.79% | 44.79% | 48.55% | 49.29% | 51.89% | 23.16% | 28.80% | 26.71% | 38.74% | 45.19% | 37.83% |
June 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,674,882K ÷ $3,760,990K
= 44.53%
The gross profit margin of H&R Block Inc. exhibits notable fluctuations over the analyzed period, reflecting variations in the company's profitability relative to its revenue. In the fiscal year ending January 31, 2021, the gross profit margin was approximately 37.83%, increasing significantly to 45.19% by March 31, 2021, before declining to 38.74% by April 30, 2021. The margin then experienced a considerable drop to 26.71% as of June 30, 2021, and remained relatively low through September and December of 2021, at approximately 28.80% and 23.16% respectively.
Starting in the fiscal year 2022, the gross profit margin demonstrates a substantial upward trend. It rose sharply to 51.89% as of March 31, 2022, maintaining a high level through June (49.29%) and September 2022 (48.55%), and then declined modestly to 44.79% at the end of 2022. Throughout 2023, the gross profit margin stabilized in the range of approximately 43.79% to 44.70%, indicating a period of relative consistency. The trend continued into 2024, with marginal fluctuations around 44.84% in June, 44.71% in September, and 44.31% in December.
Forecasts for 2025 suggest a slight stabilization at approximately 44.53%. Overall, the gross profit margin for H&R Block Inc. demonstrates an initial period of volatility with significant fluctuations during 2021, followed by a phase of stabilization in the high 40% range starting in 2022. This pattern indicates improved and relatively steady gross profitability over the recent periods, likely reflecting operational efficiencies, cost management, and pricing strategies within the company's core business segments.
Peer comparison
Jun 30, 2025