NYSE$HRB

H&R Block Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

H&R Block's financial performance remained strong, marked by revenue growth and strategic capital allocation.

H&R Block reported a revenue increase of 4% and an EPS increase of 16% for fiscal year 2024. The company also announced a 17% increase in its quarterly dividend and a new $1.5 billion share repurchase authorization, demonstrating confidence in its future.

  • Full year revenue increased by 4% to $3.6 billion.
  • Earnings per share from continuing operations increased by 16% to $4.14.
  • A 17% increase in the quarterly dividend was announced, bringing it to $0.375 per share.
  • A new share repurchase authorization of $1.5 billion was approved.

Headline financials

Total Revenue

$1.06B

Previous: $1.03B+3.0%
EPS (adj)

$1.89

Previous: $2.05-7.8%
Capital Expenditures

-$9.85M

Previous: $13M-175.5%
Net Income

$258M

Previous: $302M-14.7%
Operating Income

$350M

Previous: $375M-6.6%
Gross Profit

$556M

Previous: $692M-19.6%
Stock-Based Comp

$8.97M

Previous: $4.54M+97.5%

Revenue & EPS history

H&R Block · Revenue · Quarterly

$1.06B

Q4 2024+3%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

H&R Block · $173M total across 10 segments · Q1 2024

  • International
    $60.6M+2.9%
  • U.S. Assisted Tax Preparation
    $39.3M+8.1%
  • Peace of Mind® Extended Service Plan
    $24.8M+0.3%
  • Wave
    $23.9M+5.7%
  • Emerald Card® and Spruce℠
    $8.63M-25.7%
  • U.S. Royalties
    $5.7M-8.5%
  • Tax Identity Shield®
    $4.58M-11.4%
  • U.S. DIY Tax Preparation
    $3.85M+21.8%
  • Refund Transfers
    $1.14M-11.1%
  • Interest and fee income on Emerald Advance®
    $298K-51.5%

Forward guidance

For fiscal year 2025, the Company expects revenue to be in the range of $3.69 to $3.75 billion and Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.

Tailwinds

  • Revenue to be in the range of $3.69 to $3.75 billion.
  • EBITDA to be in the range of $975 million to $1.02 billion.
  • Effective tax rate to be approximately 13%.
  • Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.
  • Tax rate is positively impacted due to the anticipated closure of various matters under examination and the expiration of statute of limitations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.2%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+1.6%

Avg return

30 days after

39%

27 / 69 earnings

Positive

+23.5%

Q3 2026

Best reaction

-17.3%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+23.5%+25.1%+29.8%
Q2 2026-2.9%-11.9%-13.3%
Q1 2026-3.5%-10.7%-18.2%
Q3 2025-5.4%-7.6%-5.5%
Q2 2025-0.1%-3.4%+2.0%
Q1 2025-5.3%-4.1%-8.3%
Q4 2024+13.2%+17.0%+11.0%
Q3 2024+10.3%+9.3%+2.8%
Q2 2024-1.1%-0.1%+2.9%
Q1 2024-0.0%+7.7%+9.6%
Q4 2023+10.3%+12.1%+12.1%
Q3 2023-2.9%-0.4%-1.5%
Q2 2023+0.1%-1.2%-8.0%
Q1 2023-6.4%-3.4%+5.6%
Q4 2022+13.1%+12.8%+12.6%
Q3 2022+17.1%+33.1%+47.3%
Q2 2022+5.1%+4.8%+13.7%
Q1 2022+5.0%+9.6%+2.8%
Q4 2021-7.4%+1.5%+3.9%
Q3 2021+2.4%+5.2%+11.9%
Q2 2021-7.5%-10.1%-10.1%
Q1 2021+2.0%+4.5%+14.9%
Q4 2020-8.0%-11.3%-15.7%
Q3 2020-9.5%-4.8%-45.4%
Q2 2020-1.0%-2.0%-0.6%
Q1 2020-9.4%-10.0%-13.3%
Q4 2019+4.2%+6.5%+4.4%
Q3 2019+6.0%+2.5%+5.9%
Q2 2019-1.7%+0.9%-7.5%
Q1 2019-1.1%+1.7%-2.4%
Q4 2018-17.3%-19.5%-18.1%
Q3 2018+11.4%+7.3%+0.2%
Q2 2018+4.2%+4.6%+1.9%
Q1 2018-9.5%-9.6%-8.0%
Q4 2017+10.2%+13.2%+18.2%
Q3 2017+14.2%+13.2%+12.4%
Q2 2017+0.4%+3.3%+5.8%
Q1 2017-11.8%-11.8%-7.7%
Q4 2016+15.3%+13.2%+12.3%
Q3 2016-14.8%
Q2 2016-7.5%
Q1 2016+4.1%
Q4 2015+1.5%
Q3 2015-5.0%
Q2 2015-6.0%
Q1 2015-2.4%
Q4 2014+5.3%
Q3 2014-2.4%
Q2 2014-3.5%
Q1 2014-0.8%
Q4 2013-1.7%
Q3 2013+8.0%
Q2 2013+5.8%
Q1 2013-1.5%
Q4 2012+3.0%
Q3 2012-0.1%
Q2 2012-7.3%
Q1 2012-11.3%
Q4 2011-1.3%
Q3 2011+5.5%
Q2 2011-3.6%
Q1 2011+1.0%
Q4 2008-3.4%
Q4 2010-3.4%
Q3 2010-0.1%
Q3 2009-0.1%
Q2 2010-0.2%
Q4 2009-1.7%
Q1 2010-1.7%

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