H&R Block, Inc. (HRB) financial statements (2021 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)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2802,6731,6121,5451,0118982,447
Cash and cash equivalents2802,6621,5721,5451,0118972,007
Short-term investments 1140  1440
Restricted cash and investments18121113611910610492
Receivables563133139159163153390
Deferred tax assets    174
Other undisclosed current assets19669107696667(152)
Total current assets:1,2213,0871,9931,8921,3461,2222,951
Noncurrent Assets
Operating lease, right-of-use asset419495
Property, plant and equipment163184212232264294311
Long-term investments and receivables49    60162
Accounts and financing receivable, after allowance for credit loss49    60162
Intangible assets, net (including goodwill)1,1271,127862882901905874
Goodwill746712520508491471442
Intangible assets, net (excluding goodwill)381415342374409434432
Other noncurrent assets596890101100115126
Deferred tax assets, net142348412013
Other undisclosed noncurrent assets130151   14278
Total noncurrent assets:1,9482,0251,3071,2491,3481,6351,564
TOTAL ASSETS:3,1685,1123,3003,1412,6942,8584,515
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:161203250252217260231
Accrued liabilities     260231
Employee-related liabilities119116197141184162145
Taxes payable17210272263348374435
Other undisclosed accounts payable and accrued liabilities25(123)(219)(153)(315)(536)(579)
Debt18686021283111
Deferred tax liabilities    6
Customer advances and deposits   744
Other liabilities209201205186189244323
Other undisclosed current liabilities136311448377502536574
Total current liabilities:6911,5769238449391,0401,878
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,6152,8461,4931,4951,4931,502505
Long-term debt, excluding current maturities2,3702,8461,493  1,502505
Operating lease, liability245313
Other undisclosed long-term debt and lease obligation (313) 1,4951,493  
Liabilities, other than long-term debt397322343409323293333
Deferred compensation liability, classified 15    34
Deferred tax liabilities, net 229159133143
Liability for uncertainty in income taxes302182198    
Other liabilities94125145180164160156
Other undisclosed noncurrent liabilities 297    (34)
Total noncurrent liabilities:3,0113,4651,8351,9041,8161,795804
Total liabilities:3,7035,0412,7582,7472,7552,8352,682
Stockholders' equity
Stockholders' equity attributable to parent(535)71542394(61)231,833
Common stock2222233
Treasury stock, value(687)(698)(707)(718)(755)(767)(792)
Additional paid in capital778775768760755758784
Accumulated other comprehensive income (loss)(12)(52)(20)(14)(15)(11)2
Retained earnings (accumulated deficit)(617)43499363(48)401,836
Total stockholders' equity:(535)71542394(61)231,833
TOTAL LIABILITIES AND EQUITY:3,1685,1123,3003,1412,6942,8584,515

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

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
Revenues2,8952,6403,0953,1603,0363,0383,079
Revenue, net3,1603,0363,0382,986
Cost of revenue(1,708)(1,712)(1,757)(1,740)(1,644)(1,686)(1,630)
Cost of goods and services sold (1,712)(1,757)    
Other cost of operating revenue    (249)(244)(213)
Gross profit:1,1889271,3381,4201,3921,3531,448
Operating expenses(836)(850)(722)(776)(676)(719)(809)
Operating income:35277616645716633639
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
716166  (7)
Interest and debt expense(113)(96)(87)(89)(93)(69)(46)
Other undisclosed income from continuing operations before equity method investments, income taxes   10765157
Income (loss) from continuing operations before income taxes:246(3)545669629569743
Income tax expense (benefit)(143)10(100)(42)(208)(186)(256)
Income from continuing operations:1036445627421384487
Loss from discontinued operations(8)(14)(23)(14)(12)(9)(13)
Net income (loss) attributable to parent:95(8)423613409374474
Undistributed earnings (loss) allocated to participating securities, basic(1)   
Other undisclosed net income available to common stockholders, basic813221211912
Net income available to common stockholders, diluted:1026444625420383486

Comprehensive Income ($ in millions)

1/31/2021
TTM
4/30/2020
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
Net income (loss):95(8)423613409374474
Other comprehensive income (loss)40(31)(6)1(4)(13)(3)
Other undisclosed comprehensive loss(31)      
Comprehensive income (loss):104(39)416614405361470
Other undisclosed comprehensive income, net of tax, attributable to parent5      
Comprehensive income (loss), net of tax, attributable to parent:109(39)416614405361470

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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