H&R Block Inc (HRB)

Debt-to-equity ratio

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
Long-term debt US$ in thousands 1,490,040 2,369,570
Total stockholders’ equity US$ in thousands 88,896 -192,838 -872,460 -368,065 90,594 -129,806 -772,652 -344,884 32,064 -36,392 -643,479 -264,985 211,631 44,856 -372,655 15,528 352,401 352,401 352,401 -534,580
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.23 0.00

June 30, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $88,896K
= 0.00

The debt-to-equity ratio of H&R Block Inc. over the reported periods exhibits significant variability, with notable instances of absence or zero values. Specifically, the ratio is indicated as unavailable ("—") on January 31, 2021, December 31, 2021, September 2022, December 2022, March 2023, September 2023, December 2023, March 2024, September 2024, December 2024, March 2025, and June 2025. During March 2021, the ratio is recorded at zero, suggesting an absence of debt relative to shareholders’ equity at that time. The only period with a quantifiable debt-to-equity ratio is April 30, 2021, where it is reported at 4.23. This figure indicates a temporarily increased leverage, where debt significantly exceeded shareholders' equity during that quarter.

The recurrent status of zero or unavailable values in subsequent periods suggests that H&R Block Inc. either maintained minimal or no long-term debt obligations relative to equity or that such ratios were not reported, possibly due to very conservative capital structure strategies or accounting practices. The sporadic presence of a high ratio in April 2021 warrants consideration; it may reflect a specific financing event, capital restructuring, or temporary leverage measures during that period. Overall, the company's debt-to-equity ratio indicates a predominantly conservative leverage position, characterized by low or negligible debt levels relative to equity across most of the reported timeframe, with a brief instance of elevated debt leverage in early 2021.


Peer comparison

Jun 30, 2025