H&R Block (FRA:HRB) EBIT : €764 Mil (TTM As of Sep. 2024)

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What is H&R Block EBIT?

H&R Block's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was €-195 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was €764 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. H&R Block's annualized ROC % for the quarter that ended in Sep. 2024 was -28.33%. H&R Block's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -147.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. H&R Block's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.74%.

H&R Block EBIT Historical Data

The historical data trend for H&R Block's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H&R Block EBIT Chart

H&R Block Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Jun22

Jun23

Jun24

EBIT

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85.30

648.41

706.99

723.81

781.66

H&R Block Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															-184.11	-239.81	858.75	339.99	-194.99

Competitive Comparison of H&R Block's EBIT

For the Personal Services subindustry, H&R Block's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

H&R Block's EV-to-EBIT Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where H&R Block's EV-to-EBIT falls into.

H&R Block EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €764 Mil.

H&R Block (FRA:HRB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

H&R Block's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-822.904 * ( 1 - 26.19% )	/	( (2207.726	+	2080.287)	/ 2 )
=	-607.3854424	/	2144.0065
=	-28.33 %

where

	Invested Capital		(Q: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2990.274	-	539.013	-	( 978.54	-	max(0, 907.938	-	1151.473	+	978.54	))
=	2207.726

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2297.52	-	383.271	-	( 374.69	-	max(0, 717.092	-	551.054	+	374.69	))
=	2080.287

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

H&R Block's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-779.956	/	( ( (551.18 + max(-526.967, 0))	+	(506.833 + max(-355.743, 0)) )	/	2 )
=	-779.956	/	( ( 551.18	+	506.833 )	/	2 )
=	-779.956	/	529.0065
=	-147.44 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(64.171	+	0	+	125.361)	-	(539.013	+	177.485	+	0.00099999999997635)
=	-526.967

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(63.006	+	0	+	127.665)	-	(383.271	+	163.143	+	-1.1368683772162E-13)
=	-355.743

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

H&R Block's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	763.95	/	8744.380
	=	8.74 %

H&R Block EBIT Related Terms

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H&R Block Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » H&R Block Inc (FRA:HRB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HRB:USA 0HOB:UK

Address

One H&R Block Way, Kansas City, MO, USA, 64105

Website

https://www.hrblock.com

H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives the majority of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively.