H&R Block Inc (HRB)

Pretax margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Apr 30, 2021	Apr 30, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	759,676	703,112	652,097	662,315	-17,056
Revenue	US$ in thousands	3,531,780	3,399,780	3,375,510	3,307,770	2,544,680
Pretax margin		21.51%	20.68%	19.32%	20.02%	-0.67%

June 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $759,676K ÷ $3,531,780K
= 21.51%

The pretax margin of H&R Block Inc has shown a generally positive trend over the past five years, increasing from -0.67% in April 2020 to 21.51% in June 2024. This signifies an improvement in the company's ability to generate profit before accounting for taxes relative to its total revenue. The consistent uptrend in the pretax margin from 2020 to 2024 indicates the company's effective cost management, revenue growth, or both. This positive trend is a promising sign of financial health and operational efficiency for H&R Block Inc.

Peer comparison

Jun 30, 2024

Company name

Symbol

Pretax margin

H&R Block Inc

HRB

21.51%

Service Corporation International