H&R Block (FRA:HRB) Enterprise Value: €5,396 Mil (As of Jul. 02, 2026) ***


FRA:HRB H&R Block Inc FRA:HRB
78 GF Score
Price €33.02
GF Value €52.67
Valuation Significantly Undervalued
! 1 Warning Sign
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What is H&R Block Enterprise Value?

H&R Block FRA:HRB -0.69% 78 Enterprise Value is €5,396 Mil as of Jul. 02, 2026. GuruFocus rates FRA:HRB with a GF Score™ of 78/100 and a GF Value™ of €52.67 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, H&R Block's Enterprise Value is €5,396 Mil. H&R Block's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €811 Mil. Therefore, H&R Block's EV-to-EBIT ratio for today is 6.66.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, H&R Block's Enterprise Value is €5,396 Mil. H&R Block's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €914 Mil. Therefore, H&R Block's EV-to-EBITDA ratio for today is 5.90.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, H&R Block's Enterprise Value is €5,396 Mil. H&R Block's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €3,381 Mil. Therefore, H&R Block's EV-to-Revenue ratio for today is 1.60.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, H&R Block's Enterprise Value is €5,396 Mil. H&R Block's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €737 Mil. Therefore, H&R Block's EV-to-OCF ratio for today is 7.32.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, H&R Block's Enterprise Value is €5,396 Mil. H&R Block's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €671 Mil. Therefore, H&R Block's EV-to-FCF ratio for today is 8.05.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


H&R Block  (FRA:HRB) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

H&R Block's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5396.469/810.712
=6.66

H&R Block's current Enterprise Value is €5,396 Mil.
H&R Block's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €811 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

H&R Block's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5396.469/913.885
=5.90

H&R Block's current Enterprise Value is €5,396 Mil.
H&R Block's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €914 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

H&R Block's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5396.469/3380.866
=1.60

H&R Block's current Enterprise Value is €5,396 Mil.
H&R Block's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,381 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

H&R Block's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5396.469/737.006
=7.32

H&R Block's current Enterprise Value is €5,396 Mil.
H&R Block's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €737 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

H&R Block's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5396.469/670.602
=8.05

H&R Block's current Enterprise Value is €5,396 Mil.
H&R Block's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €671 Mil.

* 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.


H&R Block Enterprise Value Related Terms


H&R Block Enterprise Value Historical Data

* Premium members only.

The historical data trend for H&R Block's Enterprise Value 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.

H&R Block Enterprise Value Chart

H&R Block Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,160.85 6,304.02 5,139.60 7,768.37 7,091.74

H&R Block Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,647.19 7,091.74 6,978.52 6,847.69 4,450.20

FRA:HRB vs FTDR, ANDG, BFAM: Enterprise Value Comparison

For the Personal Services subindustry, H&R Block's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Enterprise Value distribution charts can be found below:

* The bar in red indicates where H&R Block's Enterprise Value falls into.


FRA:HRB
78GF Score
H&R Block Inc FRA:HRB
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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H&R Block Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

H&R Block's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

H&R Block's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €5,396 Mil mean?
H&R Block (FRA:HRB) has a Enterprise Value of €5,396 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on H&R Block and its competitors.
Is H&R Block's Enterprise Value too high?
H&R Block's current Enterprise Value is €5,396 Mil. Overall, H&R Block has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H&R Block's Enterprise Value compare to FTDR and ANDG?
H&R Block's Enterprise Value of €5,396 Mil can be compared against companies in the Personal Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Personal Services company?
A good Enterprise Value depends on the Personal Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on H&R Block and its competitors. H&R Block's current Enterprise Value is €5,396 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&R Block stock overvalued right now?
Based on GuruFocus' analysis, H&R Block (FRA:HRB) is currently considered Significantly Undervalued. The stock's GF Value™ is €52.67, compared to a current price of €33.02 — trading 37.3% below its estimated fair value. The current Enterprise Value is €5,396 Mil. H&R Block's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For H&R Block (FRA:HRB), the current Enterprise Value is €5,396 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is H&R Block (FRA:HRB) Overvalued in 2026?

Based on GuruFocus' analysis, H&R Block stock appears to be undervalued. The current stock price of €33.02 is trading 37.3% below its estimated GF Value™ of €52.67. GuruFocus considers H&R Block to be Significantly Undervalued.

Key valuation signals for FRA:HRB:

  • Enterprise Value: €5,396 Mil
  • GF Value™: €52.67 vs. price of €33.02 (37.3% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the FRA:HRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H&R Block Business Description

Address One H&R Block Way, Kansas City, MO, USA, 64105
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.
78GF Score

Get the complete analysis for FRA:HRB

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€33.02
Price
€52.67
GF Value