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Jun 30, 2024
H&R Block Q4 2024 Earnings Report
H&R Block's financial performance remained strong, marked by revenue growth and strategic capital allocation.
Key Takeaways
H&R Block reported a revenue increase of 4% and an EPS increase of 16% for fiscal year 2024. The company also announced a 17% increase in its quarterly dividend and a new $1.5 billion share repurchase authorization, demonstrating confidence in its future.
Full year revenue increased by 4% to $3.6 billion.
Earnings per share from continuing operations increased by 16% to $4.14.
A 17% increase in the quarterly dividend was announced, bringing it to $0.375 per share.
A new share repurchase authorization of $1.5 billion was approved.
H&R Block
H&R Block
H&R Block Revenue by Segment
H&R Block Revenue by Geographic Location
Revenue by Segment
U.S. Assisted Tax Prep Revenue
CapyFin.comU.S. Royalties Revenue
CapyFin.comU.S. DIY Tax Prep Revenue
CapyFin.comRefund Transfers Revenue
CapyFin.comPeace of Mind Plan Revenue
CapyFin.comTax Identity Shield Revenue
CapyFin.comOther Revenue
CapyFin.comEmerald Card & Spruce Revenue
CapyFin.comEmerald Advance Interest & Fees Revenue
CapyFin.comInternational Revenue
CapyFin.comWave Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
For fiscal year 2025, the Company expects revenue to be in the range of $3.69 to $3.75 billion and Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.
Positive Outlook
- Revenue to be in the range of $3.69 to $3.75 billion.
- EBITDA to be in the range of $975 million to $1.02 billion.
- Effective tax rate to be approximately 13%.
- Adjusted Diluted Earnings Per Share to be in the range of $5.15 to $5.35.
- Tax rate is positively impacted due to the anticipated closure of various matters under examination and the expiration of statute of limitations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income