H&R Block Inc (HRB) Fair Value & Analysis
Consumer Cyclical · US · Market cap $5.2B · ISIN US0936711052
What is H&R Block Inc really worth?
H&R Block Inc
HRB · US
A strong business, trading 35% below our fair value of $78.30.
Strengths
Risks
For context
Fair value as of: Aug 27, 2026
From 25 valuation models · updated 8 days ago
Share price +10.9% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The rarer combination: high quality (80/100) AND below fair value. That earns a closer look rather than a quick verdict.
- The price is below even our cautious bear case ($53.21). The market is more pessimistic than our downside scenario.
- A fairly wide model range ($53.21 to $101.19) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.
How to read this chart
60‑month range $18.54 – $62.21 · fair‑value band $53.21 – $101.19 · the $51.10 price screens below the $78.30 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 27, 2026.
Analysis
H&R Block Inc (HRB) currently trades at $51.10, while our model-based Fair Value estimate is $78.30, implying the stock looks roughly 34.7% undervalued today. The Quality Score stands at 80/100 (high quality), in the Consumer Cyclical sector. Bull case: the Growth Earnings group reads highest at a median of $83.10 per share, and 14 of the 25 models we run sit above the $51.10 price. Bear case: the Dividend Discount group reads lowest at $19.39, and 11 of the 25 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, H&R Block Inc generated revenue of $3.9B at a net margin of 18.9%. Revenue grew 5.3% year over year. It earns a return on equity of 67.9%. Net debt stands at $1.3B. Fundamentals as of Aug 27, 2026
Our scenario range runs from $53.21 (bear case) to $101.19 (bull case); at $51.10, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 86% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −11% fair-value upside, at 53%, HRB screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2025 figures, and about 12 months have passed since. In that time the company retained roughly $3.97 per share, which is 5.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 25 models by family
Widest divergence: Growth Earnings ($83.10) versus Asset-Based ($0.4700). Highest evidence: FCF DCF (81).
Notify me when HRB reaches fair value
Put HRB on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 74 · Market factors (momentum, volatility) 69
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
H&R Block, Inc., through its subsidiaries, provides assisted and do-it-yourself (DIY) tax return preparation services in the United States, Canada, and Australia.
Full company description
H&R Block, Inc., through its subsidiaries, provides assisted and do-it-yourself (DIY) tax return preparation services in the United States, Canada, and Australia. The company also provides Refund Transfers, that enable clients to receive their tax refunds by their chosen method of disbursement; Peace of Mind extended service plans, that represents clients when audited and assumes the cost; H&R Block Emerald Prepaid Mastercard and Spruce, which are debit cards that can be used for everyday purchases and ATM withdrawals; H&R Block Emerald Advance term loans; Tax Identity Shield that provides clients assistance in helping protect their tax identity and access to services to help restore their tax identity; refund advance loans; and H&R Block Instant Refund. In addition, it offers small business financial solutions to manage finances, including payment processing, payroll, and bookkeeping services. The company its solutions through in-person; a system of retail offices operated directly by the company or its franchisees; and online and mobile applications, virtual, and desktop software. H&R Block, Inc. was incorporated in 1955 and is headquartered in Kansas City, Missouri.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
H&R Block Inc reported revenue of $3.8B in FY2025 versus $3.5B in FY2021, a compound +2.1%/yr. Reported net income was $606M in FY2025, compounding +2.3%/yr from FY2021.
of which total revenue +2.0 % · buybacks/dilution +7.3 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
Watch HRB: get an alert when its fair value changes →
Peer Group
Personal Services · 39 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Personal Services median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Personal Services stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Rollins, Inc ROL | $35.94 | $21.11 | −41% |
| Service Corporation SCI | $81.43 | $38.27 | −53% |
| Frontdoor, Inc FTDR | $82.59 | $73.81 | −11% |
| Bright Horizons Family Solutions Inc BFAM | $70.29 | $62.41 | −11% |
| Fu Shou Yuan International Group 1448 | HK$2.64 | HK$4.22 | +60% |
| CEWE Stiftung & Co CWC | €96.00 | €157.28 | +64% |
| Lungyen Life Service Corporation 5530 | 51.20 TWD | 31.33 TWD | −39% |
| Carriage Services, Inc CSV | $34.26 | $27.81 | −19% |
| Musti Group MUSTI | €15.10 | €14.08 | −7% |
| Propel Funeral Partners Limited PFP | A$3.28 | A$3.25 | −1% |
Compare H&R Block Inc with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is H&R Block Inc (HRB) overvalued or undervalued?
What is the fair value of HRB?
What is the quality score of HRB?
What is the revenue of H&R Block Inc (HRB)?
What is the net profit margin of HRB?
Does H&R Block Inc pay a dividend?
Watch H&R Block Inc in the live analysis
One click puts H&R Block Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.