H&R Block, Inc. (HRB) financial statements (2020 and earlier)

Company profile

Business Address ONE H&R BLOCK WAY
KANSAS CITY, MO 64105
State of Incorp. MO
Fiscal Year End April 30
SIC 72 - Personal Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
TTM
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1921,6121,5451,0118982,4472,609
Cash and cash equivalents1921,5721,5451,0118972,0072,185
Short-term investments 40  1440423
Restricted cash and investments16913611910610492 
Receivables820139159163153390436
Deferred tax assets    174 
Other undisclosed current assets120107696667(152)69
Total current assets:1,3021,9931,8921,3461,2222,9513,114
Noncurrent Assets
Operating lease, right-of-use asset464
Property, plant and equipment198212232264294311305
Long-term investments and receivables54   60162109
Long-term investments      4
Accounts and financing receivable, after allowance for credit loss54   60162105
Intangible assets, net (including goodwill)1,272862882901905874792
Goodwill839520508491471442436
Intangible assets, net (excluding goodwill)433342374409434432356
Other noncurrent assets8290101100115126210
Deferred tax assets, net142348412013 
Other undisclosed noncurrent assets81   14278164
Total noncurrent assets:2,1501,3071,2491,3481,6351,5641,580
TOTAL ASSETS:3,4523,3003,1412,6942,8584,5154,694
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:157250252217260231569
Accrued liabilities    260231569
Employee-related liabilities117197141184162145167
Taxes payable36272263348374435407
Other undisclosed accounts payable and accrued liabilities3(219)(153)(315)(536)(579)(574)
Debt64921283111401
Deferred tax liabilities    63
Customer advances and deposits   744
Other liabilities190205186189244323 
Other undisclosed current liabilities3424483775025365741,340
Total current liabilities:1,3389238449391,0401,8782,313
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,1701,4931,4951,4931,502505506
Long-term debt, excluding current maturities1,8811,493  1,502505506
Operating lease, liability289
Other undisclosed long-term debt and lease obligation  1,4951,493   
Liabilities, other than long-term debt263343409323293333460
Deferred compensation liability, classified     3438
Deferred tax liabilities, net 229159133143104
Liability for uncertainty in income taxes173198     
Other liabilities90145180164160156318
Other undisclosed noncurrent liabilities     (34)(142)
Total noncurrent liabilities:2,4331,8351,9041,8161,795804824
Total liabilities:3,7712,7582,7472,7552,8352,6823,137
Stockholders' equity
Stockholders' equity attributable to parent(318)542394(61)231,8331,557
Common stock2222333
Treasury stock, value(698)(707)(718)(755)(767)(792)(808)
Additional paid in capital770768760755758784767
Accumulated other comprehensive income (loss)(25)(20)(14)(15)(11)25
Retained earnings (accumulated deficit)(367)499363(48)401,8361,589
Total stockholders' equity:(318)542394(61)231,8331,557
TOTAL LIABILITIES AND EQUITY:3,4523,3003,1412,6942,8584,5154,694

Income statement (P&L) ($ in millions)

1/31/2020
TTM
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
Revenues3,1633,0953,1603,0363,0383,0793,024
Revenue, net3,1603,0363,0382,9862,926
Cost of revenue(1,809)(1,757)(1,740)(1,644)(1,686)(1,630)(1,628)
Cost of goods and services sold(1,346)(1,757)     
Other cost of operating revenue   (249)(244)(213)(218)
Gross profit:1,3541,3381,4201,3921,3531,4481,397
Operating expenses(793)(722)(776)(676)(719)(809)(746)
Other undisclosed operating income      112
Operating income:561616645716633639763
Nonoperating income (expense)19166  (7)4
Other nonoperating income (expense)19166  (7) 
Interest and debt expense(91)(87)(89)(93)(69)(46)(57)
Other undisclosed income from continuing operations before equity method investments, income taxes  1076515757
Income from continuing operations before income taxes:489545669629569743767
Income tax expense(62)(100)(42)(208)(186)(256)(267)
Income from continuing operations:427445627421384487500
Loss from discontinued operations(17)(23)(14)(12)(9)(13)(25)
Net income attributable to parent:410423613409374474475
Undistributed earnings (loss) allocated to participating securities, basic(0)  
Other undisclosed net income available to common stockholders, basic1722121191224
Net income available to common stockholders, diluted:426444625420383486499

Comprehensive Income ($ in millions)

1/31/2020
TTM
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
Net income:410423613409374474475
Other comprehensive income (loss)(5)(6)1(4)(13)(3)(5)
Other undisclosed comprehensive loss(6)      
Comprehensive income:399416614405361470470
Other undisclosed comprehensive income, net of tax, attributable to parent3      
Comprehensive income, net of tax, attributable to parent:402416614405361470470

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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