Frontdoor vs H&R Block
Add, change or remove companies; up to four.
The short version
- H&R Block is the larger business, with $3.9B of revenue in fiscal 2026 against $2.1B for Frontdoor, about 1.9 times as much.
- Frontdoor grew revenue faster (13.6%, against 4.9%).
- H&R Block turned more of its sales into free cash flow (19.2% FCF margin, against 18.6%).
- H&R Block earned a higher return on the capital invested in it (129.0%, against 33.9%).
| Latest fiscal year | FTDR · FY25 | HRB · FY26 |
|---|---|---|
| Size | ||
| Market cap | $6.0B | $6.4B |
| Revenue | $2.1B | $3.9B |
| Free cash flow | $390M | $756M |
| Net income | $255M | $734M |
| Growth | ||
| Revenue growth | 13.6% | 4.9% |
| 5-year growth | 7.3% | 2.9% |
| Share count change | −4.5% | −6.2% |
| Profitability | ||
| Gross margin | 55.3% | 44.3% |
| Operating margin | — | — |
| Net margin | 12.2% | 18.6% |
| FCF margin | 18.6% | 19.2% |
| Return on capital | 33.9% | 129.0% |
| Return on equity | 106.0% | — |
| Balance sheet | ||
| Net debt | $607M | $533M |
| Net debt / EBITDA | 1.2x | 0.5x |
| Dividends and buybacks | $283M | $211M |
| Valuation & quality | ||
| P/E | 22.3x | — |
| Piotroski F-score | 7 | 8 |
Revenue
FY17
FTDR $1.2B
HRB $3.0B
FY18
FTDR $1.3B
HRB $3.2B
FY19
FTDR $1.4B
HRB $3.1B
FY20
FTDR $1.5B
HRB $2.6B
FY21
FTDR $1.6B
HRB $3.4B
FY22
FTDR $1.7B
HRB $3.5B
FY23
FTDR $1.8B
HRB $3.5B
FY24
FTDR $1.8B
HRB $3.6B
FY25
FTDR $2.1B
HRB $3.8B
FY26
FTDR —
HRB $3.9B
FTDR
HRB
Operating margin
FY17
FTDR —
HRB —
FY18
FTDR —
HRB —
FY19
FTDR —
HRB —
FY20
FTDR —
HRB —
FY21
FTDR —
HRB —
FY22
FTDR —
HRB —
FY23
FTDR —
HRB —
FY24
FTDR —
HRB —
FY25
FTDR —
HRB —
FY26
FTDR —
HRB —
FTDR
HRB
Free cash flow
FY17
FTDR $179M
HRB $463M
FY18
FTDR $162M
HRB $751M
FY19
FTDR $178M
HRB $511M
FY20
FTDR $175M
HRB $27.3M
FY21
FTDR $154M
HRB $573M
FY22
FTDR $102M
HRB $747M
FY23
FTDR $170M
HRB $752M
FY24
FTDR $231M
HRB $657M
FY25
FTDR $390M
HRB $599M
FY26
FTDR —
HRB $756M
FTDR
HRB
Return on capital
FY17
FTDR —
HRB 92.9%
FY18
FTDR —
HRB 185.5%
FY19
FTDR 56.9%
HRB 128.1%
FY20
FTDR 45.3%
HRB 10.7%
FY21
FTDR 46.6%
HRB 75.2%
FY22
FTDR 25.5%
HRB 73.9%
FY23
FTDR 51.7%
HRB 91.9%
FY24
FTDR 37.8%
HRB 124.2%
FY25
FTDR 33.9%
HRB 119.0%
FY26
FTDR —
HRB 129.0%
FTDR
HRB
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.