H&R Block Inc (HRB)
Return on assets (ROA)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 605,773 | 595,317 | 553,700 | 553,674 | 583,791 |
| Total assets | US$ in thousands | 3,263,900 | 3,218,810 | 3,072,260 | 3,269,160 | 3,653,650 |
| ROA | 18.56% | 18.49% | 18.02% | 16.94% | 15.98% |
June 30, 2025 calculation
ROA = Net income ÷ Total assets
= $605,773K ÷ $3,263,900K
= 18.56%
The analysis of H&R Block Inc.'s return on assets (ROA) over the period from June 30, 2021, to June 30, 2025, reveals a consistent upward trend. Starting at 15.98% in 2021, the ROA increased to 16.94% in 2022, demonstrating an improvement in the company's efficiency in generating profit from its assets. This positive trajectory continued into 2023, with the ROA reaching 18.02%, reflecting an even more effective utilization of assets to produce net income. The upward momentum persisted in the subsequent years, with the ROA slightly rising to 18.49% in 2024, and then further edging up to 18.56% in 2025.
This steady increase in ROA suggests that H&R Block is progressively enhancing its operational efficiency and profitability relative to its asset base. The incremental improvements over the analyzed period may result from strategic operational efficiencies, cost management, or revenue growth that has outpaced asset expansion. Overall, the trend indicates a positive and sustained financial performance, with the company becoming more proficient at converting its assets into earnings over this four-year span.
Peer comparison
Jun 30, 2025