H&R Block Inc (HRB)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 595,317 | 553,700 | 553,674 | 583,791 | -7,526 |
| Revenue | US$ in thousands | 3,531,780 | 3,399,780 | 3,375,510 | 3,307,770 | 2,544,680 |
| Net profit margin | 16.86% | 16.29% | 16.40% | 17.65% | -0.30% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $595,317K ÷ $3,531,780K
= 16.86%
The net profit margin of H&R Block Inc has been relatively stable over the past five years, ranging from -0.30% in April 2020 to 17.65% in April 2021. In the most recent period ending on June 30, 2024, the net profit margin stood at 16.86%. This indicates that for every dollar of revenue generated by the company in that period, approximately 16.86 cents were converted into net profit after accounting for all expenses.
Overall, the company has shown a consistent ability to generate profits as a percentage of its total revenue, with the margins fluctuating slightly but maintaining a positive trend. It is important to note that the negative net profit margin in April 2020 suggests a period of financial difficulty, but the subsequent recovery and stabilization of the margin demonstrate an improvement in the company's profitability over time.
Peer comparison
Jun 30, 2024