H&R Block annual operating margin
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2026
H&R Block Operating Margin Growth & History (HRB)
H&R Block's operating margin was 23.01% for fiscal 2026.
View full H&R Block company overviewH&R Block annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-06-30 | 23.01% | +0.99 pp |
| 2025 | 2025-06-30 | 22.01% | −0.29 pp |
| 2024 | 2024-06-30 | 22.30% | +0.74 pp |
| 2023 | 2023-06-30 | 21.56% | +0.05 pp |
| 2022 | 2022-06-30 | 21.51% | — |
| 2021 | 2021-04-30 | 22.54% | +19.62 pp |
| 2020 | 2020-04-30 | 2.92% | −16.98 pp |
| 2019 | 2019-04-30 | 19.90% | −3.90 pp |
| 2018 | 2018-04-30 | 23.80% | +0.22 pp |
| 2017 | 2017-04-30 | 23.58% | +2.74 pp |
| 2016 | 2016-04-30 | 20.84% | −4.97 pp |
| 2015 | 2015-04-30 | 25.81% | +0.58 pp |
| 2014 | 2014-04-30 | 25.24% | +1.26 pp |
| 2013 | 2013-04-30 | 23.97% | +4.41 pp |
| 2012 | 2012-04-30 | 19.57% | −1.36 pp |
| 2011 | 2011-04-30 | 20.93% | −2.75 pp |
| 2010 | 2010-04-30 | 23.68% | +3.13 pp |
| 2009 | 2009-04-30 | 20.54% | +3.18 pp |
| 2008 | 2008-04-30 | 17.36% | — |
H&R Block quarterly operating margin
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Q2.09
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Q4.09
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Q2.10
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Q4.10
Q1.11
Q2.11
Q3.11
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Q2.12
Q3.12
Q4.12
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Q2.13
Q3.13
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Q2.16
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Q4.16
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Q2.17
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Q4.17
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Q2.18
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Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
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Q3.20
Q4.20
Q1.21
Q1.21
Q2.21
Q3.21
Q4.21
Q4.21
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
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Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-06-30 | 32.91% | −0.51 pp |
| Q3 2026 | 2026-03-31 | 43.24% | +0.27 pp |
| Q2 2026 | 2025-12-31 | −150.29% | +13.49 pp |
| Q1 2026 | 2025-09-30 | −101.71% | +16.10 pp |
| Q4 2025 | 2025-06-30 | 33.42% | +0.40 pp |
| Q3 2025 | 2025-03-31 | 42.96% | +0.48 pp |
| Q2 2025 | 2024-12-31 | −163.79% | −14.45 pp |
| Q1 2025 | 2024-09-30 | −117.81% | −5.56 pp |
| Q4 2024 | 2024-06-30 | 33.02% | −3.46 pp |
| Q3 2024 | 2024-03-31 | 42.48% | +1.19 pp |
| Q2 2024 | 2023-12-31 | −149.33% | +20.85 pp |
| Q1 2024 | 2023-09-30 | −112.26% | +3.93 pp |
| Q4 2023 | 2023-06-30 | 36.48% | — |
| Q3 2023 | 2023-03-31 | 41.29% | −1.65 pp |
| Q2 2023 | 2022-12-31 | −170.19% | +4.42 pp |
| Q1 2023 | 2022-09-30 | −116.18% | — |
| Q3 2022 | 2022-03-31 | 42.94% | — |
| Q2 2022 | 2021-12-31 | −174.60% | — |
| Q4 2021 | 2021-06-30 | 28.82% | +24.59 pp |
| Q4 2021 | 2021-04-30 | 46.63% | +9.73 pp |
| Q3 2021 | 2021-01-31 | −85.50% | −56.11 pp |
| Q2 2021 | 2020-10-31 | −116.31% | +34.65 pp |
| Q1 2021 · Jul 31 | 2020-07-31 | 25.45% | +155.25 pp |
| Q1 2021 · Jun 30 | 2020-06-30 | 4.24% | — |
| Q4 2020 | 2020-04-30 | 36.90% | −12.46 pp |
| Q3 2020 | 2020-01-31 | −29.39% | +0.09 pp |
| Q2 2020 | 2019-10-31 | −150.96% | −6.36 pp |
| Q1 2020 | 2019-07-31 | −129.80% | −4.36 pp |
| Q4 2019 | 2019-04-30 | 49.36% | −2.90 pp |
| Q3 2019 | 2019-01-31 | −29.48% | −9.57 pp |
| Q2 2019 | 2018-10-31 | −144.60% | +8.76 pp |
| Q1 2019 | 2018-07-31 | −125.44% | +8.93 pp |
| Q4 2018 | 2018-04-30 | 52.26% | −0.73 pp |
| Q3 2018 | 2018-01-31 | −19.92% | +7.70 pp |
| Q2 2018 | 2017-10-31 | −153.36% | +5.04 pp |
| Q1 2018 | 2017-07-31 | −134.37% | +13.19 pp |
| Q4 2017 | 2017-04-30 | 52.99% | +2.46 pp |
| Q3 2017 | 2017-01-31 | −27.62% | −2.36 pp |
| Q2 2017 | 2016-10-31 | −158.39% | +23.70 pp |
| Q1 2017 | 2016-07-31 | −147.56% | −21.23 pp |
| Q4 2016 | 2016-04-30 | 50.53% | −2.89 pp |
| Q3 2016 | 2016-01-31 | −25.25% | −10.49 pp |
| Q2 2016 | 2015-10-31 | −182.09% | −45.09 pp |
| Q1 2016 | 2015-07-31 | −126.33% | +4.77 pp |
| Q4 2015 | 2015-04-30 | 53.42% | −3.61 pp |
| Q3 2015 | 2015-01-31 | −14.76% | +154.54 pp |
| Q2 2015 | 2014-10-31 | −137.01% | −2.56 pp |
| Q1 2015 | 2014-07-31 | −131.10% | +10.06 pp |
| Q4 2014 | 2014-04-30 | 57.03% | +5.81 pp |
| Q3 2014 | 2014-01-31 | −169.30% | −149.68 pp |
| Q2 2014 | 2013-10-31 | −134.45% | −14.19 pp |
| Q1 2014 | 2013-07-31 | −141.17% | +37.52 pp |
| Q4 2013 | 2013-04-30 | 51.21% | +2.18 pp |
| Q3 2013 | 2013-01-31 | −19.63% | −19.07 pp |
| Q2 2013 | 2012-10-31 | −120.26% | +39.52 pp |
| Q1 2013 | 2012-07-31 | −178.69% | +24.66 pp |
| Q4 2012 | 2012-04-30 | 49.04% | −1.92 pp |
| Q3 2012 | 2012-01-31 | −0.56% | +3.55 pp |
| Q2 2012 | 2011-10-31 | −159.78% | −3.11 pp |
| Q1 2012 | 2011-07-31 | −203.35% | +7.57 pp |
| Q4 2011 | 2011-04-30 | 50.96% | +6.13 pp |
| Q3 2011 | 2011-01-31 | −4.11% | −14.21 pp |
| Q2 2011 | 2010-10-31 | −156.68% | −90.88 pp |
| Q1 2011 | 2010-07-31 | −210.92% | −133.18 pp |
| Q4 2010 | 2010-04-30 | 44.83% | −2.83 pp |
| Q3 2010 | 2010-01-31 | 10.10% | +0.03 pp |
| Q2 2010 | 2009-10-31 | −65.80% | −1.69 pp |
| Q1 2010 | 2009-07-31 | −77.73% | +0.09 pp |
| Q4 2009 | 2009-04-30 | 47.66% | — |
| Q3 2009 | 2009-01-31 | 10.07% | — |
| Q2 2009 | 2008-10-31 | −64.11% | — |
| Q1 2009 | 2008-07-31 | −77.83% | — |
H&R Block operating margin trends
Between the periods ended 2008-04-30 and 2026-06-30, H&R Block's operating margin increased from 17.36% to 23.01%, a change of +5.64 percentage points. The latest reported quarter, Q4 2026, shows 32.91%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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