H&R Block normalized EPS valuation

H&R Block Inc (HRB)
By@hypertonx
Assumptions as of 2026-07-29
USD
Updated Jul 29, 2026
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H&R Block normalized EPS valuation

as of 2026-07-29

FY2027 normalized net income
$678
FY2027 diluted shares
121.4
FY2027 normalized adjusted EPS
$5.58
Implied equity value
$6,779
Fair value per share
$55.84
Upside / downside
19.6%
127.8million shares
$46.69USD/share
$5.15USD/share
5.0%
3.0%
10

Sources

  1. Management raised FY2026 adjusted diluted EPS guidance to $5.10-$5.20 and reported 127.813 million Q3 diluted weighted-average shares; the board also authorized an incremental $100 million of Q4 repurchases within the existing program. — sec.gov
  2. HRB current market quotation used as the comparison price on July 29, 2026. — nyse.com

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