HRB Income Tax Expense from 2010 to 2024

HRB Stock  USD 47.93  0.28  0.59%   
HR Block's Income Tax Expense is decreasing over the years with stable fluctuation. Overall, Income Tax Expense is expected to go to about 193.1 M this year. From 2010 to 2024 HR Block Income Tax Expense quarterly data regression line had arithmetic mean of  150,699,921 and significance of  0.31. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
71.2 M
Current Value
-49.5 M
Quarterly Volatility
162.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HR Block financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HRB main balance sheet or income statement drivers, such as Depreciation And Amortization of 129.3 M, Interest Expense of 62.4 M or Total Revenue of 2.9 B, as well as many exotic indicators such as Price To Sales Ratio of 2.31, Dividend Yield of 0.0242 or PTB Ratio of 144. HRB financial statements analysis is a perfect complement when working with HR Block Valuation or Volatility modules.
  
This module can also supplement HR Block's financial leverage analysis and stock options assessment as well as various HR Block Technical models . Check out the analysis of HR Block Correlation against competitors.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.

Latest HR Block's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of HR Block over the last few years. It is HR Block's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HR Block's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

HRB Income Tax Expense Regression Statistics

Arithmetic Mean150,699,921
Coefficient Of Variation56.87
Mean Deviation72,485,792
Median171,823,800
Standard Deviation85,700,363
Sample Variance7344.6T
Range276.5M
R-Value(0.28)
Mean Square Error7282.7T
R-Squared0.08
Significance0.31
Slope(5,394,754)
Total Sum of Squares102823.7T

HRB Income Tax Expense History

2024193.1 M
2023171.8 M
2022149.4 M
202198.4 M
202078.5 M
2019-9.5 M
201899.9 M

About HR Block Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include HR Block income statement, its balance sheet, and the statement of cash flows. HR Block investors use historical funamental indicators, such as HR Block's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although HR Block investors may use each financial statement separately, they are all related. The changes in HR Block's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HR Block's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on HR Block Financial Statements. Understanding these patterns can help to make the right decision on long term investment in HR Block. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense171.8 M193.1 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether HR Block offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HR Block's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hr Block Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hr Block Stock:
Check out the analysis of HR Block Correlation against competitors.
For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for HRB Stock analysis

When running HR Block's price analysis, check to measure HR Block's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HR Block is operating at the current time. Most of HR Block's value examination focuses on studying past and present price action to predict the probability of HR Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HR Block's price. Additionally, you may evaluate how the addition of HR Block to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Directory
Find actively traded commodities issued by global exchanges
Transaction History
View history of all your transactions and understand their impact on performance
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is HR Block's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HR Block. If investors know HRB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HR Block listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.444
Dividend Share
1.22
Earnings Share
3.6
Revenue Per Share
23.597
Quarterly Revenue Growth
0.076
The market value of HR Block is measured differently than its book value, which is the value of HRB that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HR Block's market value can be influenced by many factors that don't directly affect HR Block's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if HR Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.