HRB Income Before Tax vs Net Income Analysis

HRB Stock

USD 46.50 0.14 0.30%

HR Block financial indicator trend analysis is much more than just examining HR Block latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HR Block is a good investment. Please check the relationship between HR Block Income Before Tax and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HR Block Income Before Tax account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between HR Block's Income Before Tax and Net Income is 0.91. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of HR Block, assuming nothing else is changed. The correlation between historical values of HR Block's Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of HR Block are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., HR Block's Income Before Tax and Net Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on HR Block income statement and is an important metric when analyzing HR Block profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in HR Block financial statement analysis. It represents the amount of money remaining after all of HR Block operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from HR Block's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HR Block current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.At present, HR Block's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 6.03, whereas Selling General Administrative is forecasted to decline to about 366.1 M.

	2021	2022	2023	2024 (projected)
Interest Expense	88.3M	73.0M	65.7M	62.4M
Depreciation And Amortization	142.2M	130.5M	150.1M	129.3M

Interest Expense Depreciation And Amortization

HR Block fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Short Term Investments	Common Stock	Inventory
Total Assets		0.43	0.49	0.86	0.51	0.36	-0.19	0.51	0.87	0.78	0.4	0.86	0.15	-0.26	0.31	0.45	-0.3	0.83	0.92	0.44	0.55	0.61	0.37	0.32	0.27	0.5
Short Long Term Debt Total	0.43		-0.1	0.06	-0.43	0.65	0.67	-0.32	0.4	0.6	-0.01	0.27	0.07	-0.66	0.82	-0.36	-0.01	0.83	0.23	0.44	0.34	-0.1	0.69	-0.52	0.09	0.1
Other Current Liab	0.49	-0.1		0.51	0.57	-0.31	-0.51	0.53	0.43	0.29	0.34	0.47	0.53	-0.01	-0.2	0.57	-0.26	0.3	0.51	0.02	0.48	0.63	-0.12	0.36	0.15	0.8
Total Current Liabilities	0.86	0.06	0.51		0.72	0.08	-0.43	0.78	0.74	0.59	0.68	0.76	0.09	0.16	-0.12	0.67	-0.59	0.51	0.84	0.47	0.3	0.81	0.01	0.66	0.52	0.45
Total Stockholder Equity	0.51	-0.43	0.57	0.72		-0.43	-0.89	0.94	0.57	0.09	0.54	0.65	0.14	0.44	-0.63	0.73	-0.46	0.0	0.66	0.19	-0.03	0.72	-0.42	0.91	0.35	0.47
Property Plant And Equipment Net	0.36	0.65	-0.31	0.08	-0.43		0.7	-0.44	0.06	0.63	-0.31	0.03	0.1	-0.64	0.8	-0.35	0.32	0.6	0.12	0.07	0.36	-0.35	0.88	-0.5	-0.2	-0.42
Net Debt	-0.19	0.67	-0.51	-0.43	-0.89	0.7		-0.77	-0.37	0.27	-0.32	-0.48	0.04	-0.56	0.77	-0.66	0.24	0.29	-0.43	0.09	0.1	-0.59	0.66	-0.84	-0.1	-0.48
Retained Earnings	0.51	-0.32	0.53	0.78	0.94	-0.44	-0.77		0.56	0.17	0.8	0.61	0.11	0.47	-0.62	0.74	-0.74	0.04	0.61	0.42	-0.09	0.8	-0.43	0.9	0.65	0.48
Cash	0.87	0.4	0.43	0.74	0.57	0.06	-0.37	0.56		0.46	0.38	0.98	-0.05	-0.08	0.17	0.37	-0.3	0.7	0.94	0.49	0.43	0.61	0.08	0.39	0.24	0.67
Non Current Assets Total	0.78	0.6	0.29	0.59	0.09	0.63	0.27	0.17	0.46		0.33	0.4	0.23	-0.59	0.52	0.3	-0.25	0.85	0.47	0.32	0.43	0.36	0.73	-0.04	0.28	0.14
Non Currrent Assets Other	0.4	-0.01	0.34	0.68	0.54	-0.31	-0.32	0.8	0.38	0.33		0.35	0.06	0.33	-0.39	0.57	-0.99	0.15	0.37	0.67	-0.16	0.75	-0.27	0.59	0.95	0.37
Cash And Short Term Investments	0.86	0.27	0.47	0.76	0.65	0.03	-0.48	0.61	0.98	0.4	0.35		-0.05	-0.02	0.07	0.41	-0.26	0.62	0.96	0.41	0.44	0.61	0.03	0.47	0.19	0.65
Net Receivables	0.15	0.07	0.53	0.09	0.14	0.1	0.04	0.11	-0.05	0.23	0.06	-0.05		-0.14	-0.01	0.02	-0.03	0.15	0.07	-0.05	0.07	0.14	0.17	0.01	0.04	0.25
Common Stock Shares Outstanding	-0.26	-0.66	-0.01	0.16	0.44	-0.64	-0.56	0.47	-0.08	-0.59	0.33	-0.02	-0.14		-0.76	0.28	-0.35	-0.63	0.01	0.04	-0.44	0.25	-0.91	0.67	0.27	0.09
Non Current Liabilities Total	0.31	0.82	-0.2	-0.12	-0.63	0.8	0.77	-0.62	0.17	0.52	-0.39	0.07	-0.01	-0.76		-0.47	0.39	0.71	0.11	0.09	0.56	-0.36	0.82	-0.77	-0.3	-0.08
Other Current Assets	0.45	-0.36	0.57	0.67	0.73	-0.35	-0.66	0.74	0.37	0.3	0.57	0.41	0.02	0.28	-0.47		-0.47	0.09	0.45	-0.05	0.04	0.76	-0.29	0.74	0.34	0.36
Other Stockholder Equity	-0.3	-0.01	-0.26	-0.59	-0.46	0.32	0.24	-0.74	-0.3	-0.25	-0.99	-0.26	-0.03	-0.35	0.39	-0.47		-0.09	-0.27	-0.69	0.2	-0.64	0.29	-0.53	-0.98	-0.31
Total Liab	0.83	0.83	0.3	0.51	0.0	0.6	0.29	0.04	0.7	0.85	0.15	0.62	0.15	-0.63	0.71	0.09	-0.09		0.64	0.39	0.6	0.3	0.68	-0.18	0.11	0.38
Total Current Assets	0.92	0.23	0.51	0.84	0.66	0.12	-0.43	0.61	0.94	0.47	0.37	0.96	0.07	0.01	0.11	0.45	-0.27	0.64		0.41	0.51	0.63	0.07	0.47	0.21	0.62
Short Term Debt	0.44	0.44	0.02	0.47	0.19	0.07	0.09	0.42	0.49	0.32	0.67	0.41	-0.05	0.04	0.09	-0.05	-0.69	0.39	0.41		-0.07	0.39	0.06	0.15	0.75	0.21
Intangible Assets	0.55	0.34	0.48	0.3	-0.03	0.36	0.1	-0.09	0.43	0.43	-0.16	0.44	0.07	-0.44	0.56	0.04	0.2	0.6	0.51	-0.07		0.05	0.43	-0.29	-0.22	0.48
Accounts Payable	0.61	-0.1	0.63	0.81	0.72	-0.35	-0.59	0.8	0.61	0.36	0.75	0.61	0.14	0.25	-0.36	0.76	-0.64	0.3	0.63	0.39	0.05		-0.26	0.69	0.53	0.61
Good Will	0.37	0.69	-0.12	0.01	-0.42	0.88	0.66	-0.43	0.08	0.73	-0.27	0.03	0.17	-0.91	0.82	-0.29	0.29	0.68	0.07	0.06	0.43	-0.26		-0.6	-0.18	-0.27
Short Term Investments	0.32	-0.52	0.36	0.66	0.91	-0.5	-0.84	0.9	0.39	-0.04	0.59	0.47	0.01	0.67	-0.77	0.74	-0.53	-0.18	0.47	0.15	-0.29	0.69	-0.6		0.41	0.3
Common Stock	0.27	0.09	0.15	0.52	0.35	-0.2	-0.1	0.65	0.24	0.28	0.95	0.19	0.04	0.27	-0.3	0.34	-0.98	0.11	0.21	0.75	-0.22	0.53	-0.18	0.41		0.2
Inventory	0.5	0.1	0.8	0.45	0.47	-0.42	-0.48	0.48	0.67	0.14	0.37	0.65	0.25	0.09	-0.08	0.36	-0.31	0.38	0.62	0.21	0.48	0.61	-0.27	0.3	0.2

Click cells to compare fundamentals

HR Block Account Relationship Matchups

HR Block fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.1B	3.7B	3.3B	3.1B	3.5B	3.7B
Short Long Term Debt Total	4.0B	1.9B	1.9B	1.9B	2.2B	1.1B
Other Current Liab	326.2M	558.4M	434.9M	206.5M	237.5M	225.6M
Total Current Liabilities	1.6B	1.2B	998.8M	938.8M	1.1B	1.6B
Total Stockholder Equity	71.0M	352.4M	211.6M	32.1M	28.9M	27.4M
Property Plant And Equipment Net	679.2M	585.7M	551.7M	568.3M	653.6M	686.2M
Net Debt	1.3B	1.0B	1.0B	947.9M	1.1B	1.1B
Retained Earnings	43.0M	248.5M	120.4M	(48.7M)	(56.0M)	(53.2M)
Cash	2.7B	934.3M	885.0M	987.0M	1.1B	944.3M
Non Current Assets Total	2.0B	2.0B	1.9B	1.9B	2.2B	1.7B
Non Currrent Assets Other	67.8M	67.5M	54.0M	52.6M	60.5M	57.4M
Cash And Short Term Investments	2.7B	934.3M	885.0M	987.0M	1.1B	1.0B
Net Receivables	133.2M	531.2M	261.3M	95.9M	86.3M	82.0M
Common Stock Shares Outstanding	198.1M	188.8M	171.4M	154.5M	139.0M	270.5M
Liabilities And Stockholders Equity	5.1B	3.7B	3.3B	3.1B	3.5B	3.7B
Non Current Liabilities Total	3.5B	2.1B	2.1B	2.1B	2.4B	2.5B
Other Current Assets	291.6K	567.6K	238.2M	76.3M	87.7M	83.3M
Other Stockholder Equity	77.4M	96.9M	110.9M	116.1M	104.4M	109.7M
Total Liab	5.0B	3.3B	3.1B	3.0B	3.5B	2.6B
Total Current Assets	3.1B	1.7B	1.4B	1.2B	1.4B	2.0B
Intangible Assets	415.0M	360.1M	309.6M	277.0M	318.6M	419.7M
Accounts Payable	203.1M	198.1M	160.9M	159.9M	143.9M	136.7M
Accumulated Other Comprehensive Income	(51.6M)	4.8M	(21.6M)	(37.1M)	(42.7M)	(44.8M)
Good Will	712.1M	757.7M	760.4M	775.5M	891.8M	652.2M
Common Stock	2.3M	2.2M	1.9M	1.8M	2.1M	2.0M
Current Deferred Revenue	201.4M	200.2M	196.1M	367.0M	330.3M	337.3M

HR Block Investors Sentiment

The influence of HR Block's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in HRB. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to HR Block's public news can be used to forecast risks associated with an investment in HRB. The trend in average sentiment can be used to explain how an investor holding HRB can time the market purely based on public headlines and social activities around HR Block. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

HR Block's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for HR Block's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average HR Block's news discussions. The higher the estimated score, the more favorable is the investor's outlook on HR Block.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HR Block in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HR Block's short interest history, or implied volatility extrapolated from HR Block options trading.

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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:

How To Invest In HRB

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Is HRB Stock a good investment?

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What is HR Block's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

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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.

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HRB Income Before Tax vs Net Income Analysis

Income Before Tax vs Net Income

Income Before Tax vs Net Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Net Income

HR Block fundamental ratios Correlations

HR Block Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HR Block fundamental ratios Accounts

HR Block Investors Sentiment

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

Complementary Tools for HRB Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.98	Cash
Total Current Assets	+ 0.96	Cash And Short Term Investments
Common Stock	+ 0.95	Non Currrent Assets Other
Retained Earnings	+ 0.94	Total Stockholder Equity
Total Current Assets	+ 0.94	Cash
Total Current Assets	+ 0.92	Total Assets

Other Stockholder Equity	- 0.99	Non Currrent Assets Other
Common Stock	- 0.98	Other Stockholder Equity
Good Will	- 0.91	Common Stock Shares Outstanding
Net Debt	- 0.89	Total Stockholder Equity
Short Term Investments	- 0.84	Net Debt
Short Term Investments	- 0.77	Non Current Liabilities Total