H&R Block Debt-to-Equity Ratio Growth & History (HRB)
H&R Block's debt-to-equity ratio was 17.89 for fiscal 2026.
View full H&R Block company overviewH&R Block annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | 17.89 | −4.89 | −21.46% |
| 2025 | 2025-06-30 | 22.78 | 1.12 | +5.17% |
| 2024 | 2024-06-30 | 21.66 | −38.68 | −64.10% |
| 2023 | 2023-06-30 | 60.35 | 51.26 | +564.25% |
| 2022 | 2022-06-30 | 9.08 | 2.79 | +44.31% |
| 2021 · Jun 30 | 2021-06-30 | 6.30 | — | — |
| 2021 · Apr 30 | 2021-04-30 | 5.50 | −50.85 | −90.24% |
| 2020 | 2020-04-30 | 56.35 | 53.60 | +1944.48% |
| 2019 | 2019-04-30 | 2.76 | −1.06 | −27.71% |
| 2018 | 2018-04-30 | 3.81 | — | — |
| 2016 | 2016-04-30 | 64.91 | 64.63 | +23034.84% |
| 2015 | 2015-04-30 | 0.28 | −0.31 | −52.29% |
| 2014 | 2014-04-30 | 0.59 | −0.13 | −18.04% |
| 2013 | 2013-04-30 | 0.72 | −0.07 | −8.57% |
| 2012 | 2012-04-30 | 0.78 | 0.07 | +9.38% |
| 2011 | 2011-04-30 | 0.72 | −0.00 | −0.14% |
| 2010 | 2010-04-30 | 0.72 | −0.02 | −2.13% |
| 2009 | 2009-04-30 | 0.73 | — | — |
H&R Block quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | 17.89 | −4.89 | −21.46% |
| Q4 2025 | 2025-06-30 | 22.78 | 1.12 | +5.17% |
| Q4 2024 | 2024-06-30 | 21.66 | −38.68 | −64.10% |
| Q4 2023 | 2023-06-30 | 60.35 | 51.26 | +564.25% |
| Q4 2022 | 2022-06-30 | 9.08 | 2.79 | +44.31% |
| Q4 2021 · Jun 30 | 2021-06-30 | 6.30 | — | — |
| Q4 2021 · Apr 30 | 2021-04-30 | 5.50 | −50.85 | −90.24% |
| Q1 2021 | 2020-07-31 | 29.59 | 22.81 | +336.27% |
| Q4 2020 | 2020-04-30 | 56.35 | 53.60 | +1944.48% |
| Q1 2020 | 2019-07-31 | 6.78 | −1.04 | −13.26% |
| Q4 2019 | 2019-04-30 | 2.76 | −1.06 | −27.71% |
| Q1 2019 | 2018-07-31 | 7.82 | — | — |
| Q4 2018 | 2018-04-30 | 3.81 | — | — |
| Q4 2016 | 2016-04-30 | 64.91 | 64.63 | +23034.84% |
| Q1 2016 | 2015-07-31 | 0.30 | −0.35 | −53.58% |
| Q4 2015 | 2015-04-30 | 0.28 | −0.31 | −52.29% |
| Q3 2015 | 2015-01-31 | 0.45 | −0.87 | −65.99% |
| Q2 2015 | 2014-10-31 | 0.42 | −0.53 | −56.21% |
| Q1 2015 | 2014-07-31 | 0.65 | −0.17 | −20.91% |
| Q4 2014 | 2014-04-30 | 0.59 | −0.13 | −18.04% |
| Q3 2014 | 2014-01-31 | 1.32 | −0.11 | −7.57% |
| Q2 2014 | 2013-10-31 | 0.95 | −1.23 | −56.34% |
| Q1 2014 | 2013-07-31 | 0.82 | −0.37 | −31.30% |
| Q4 2013 | 2013-04-30 | 0.72 | −0.07 | −8.57% |
| Q3 2013 | 2013-01-31 | 1.43 | 0.14 | +10.72% |
| Q2 2013 | 2012-10-31 | 2.17 | 0.97 | +80.42% |
| Q1 2013 | 2012-07-31 | 1.19 | 0.37 | +44.50% |
| Q4 2012 | 2012-04-30 | 0.78 | 0.07 | +9.38% |
| Q3 2012 | 2012-01-31 | 1.29 | 0.03 | +2.38% |
| Q2 2012 | 2011-10-31 | 1.21 | −0.02 | −1.87% |
| Q1 2012 | 2011-07-31 | 0.83 | −0.19 | −18.61% |
| Q4 2011 | 2011-04-30 | 0.72 | −0.00 | −0.14% |
| Q3 2011 | 2011-01-31 | 1.26 | −1.63 | −56.43% |
| Q2 2011 | 2010-10-31 | 1.23 | 0.26 | +27.41% |
| Q1 2011 | 2010-07-31 | 1.02 | 0.15 | +17.08% |
| Q4 2010 | 2010-04-30 | 0.72 | −0.02 | −2.13% |
| Q3 2010 | 2010-01-31 | 2.89 | — | — |
| Q2 2010 | 2009-10-31 | 0.96 | — | — |
| Q1 2010 | 2009-07-31 | 0.87 | — | — |
| Q4 2009 | 2009-04-30 | 0.73 | — | — |
H&R Block debt-to-equity ratio trends
Over the last five fiscal years, H&R Block's debt-to-equity ratio increased from 6.30 to 17.89, a change of 11.60. The latest reported quarter, Q4 2026, shows 17.89.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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