H&R Block (HRB) Margins & Profitability 2019-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 38.9%
EBITDA Margin: 34.9%
Op. Margin: 30.4%
Net Margin: 9.5%

Op. margin of 30.4% is down 12.6% YoY — costs are rising relative to revenue. Net margin at 9.5% and gross margin of 38.9% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit