H&R Block Inc (HRB)
Operating return on assets (Operating ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 827,970 | 805,277 | 748,698 | 744,897 | 769,627 |
| Total assets | US$ in thousands | 3,263,900 | 3,218,810 | 3,072,260 | 3,269,160 | 3,653,650 |
| Operating ROA | 25.37% | 25.02% | 24.37% | 22.79% | 21.06% |
June 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $827,970K ÷ $3,263,900K
= 25.37%
The operating return on assets (operating ROA) for H&R Block Inc. demonstrates a consistent upward trend over the analyzed period from June 30, 2021, through June 30, 2025. Specifically, the operating ROA increased from 21.06% in 2021 to 22.79% in 2022, representing an improvement of approximately 1.73 percentage points. This upward movement continued into 2023, with the ratio reaching 24.37%, reflecting an increase of 1.58 percentage points from the previous year. The growth persisted into 2024, where the operating ROA slightly rose to 25.02%, indicating a modest increase of 0.65 percentage points. The most recent data for 2025 shows a further slight uptick to 25.37%, culminating in an overall increase of nearly 4.31 percentage points over the four-year span.
This steady rise in operating ROA suggests that H&R Block Inc. has enhanced its efficiency in generating operating income relative to its total assets. The trend indicates improvements in operational management and potentially higher profitability margins from core business activities, which could be attributable to various factors such as operational efficiencies, strategic initiatives, or favorable market conditions. The consistent percentage growth over successive periods reflects a positive trajectory in the company's operational efficiency and asset utilization.
Peer comparison
Jun 30, 2025