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

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 57.0%
EBITDA Margin: 28.4%
Op. Margin: 27.0%
Net Margin: 35.4%

Op. margin of 27.0% is up 190.8% YoY — cost efficiency is improving. Net margin at 35.4% and gross margin of 57.0% — earnings take a bigger bite when COGS stays lean..

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