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Side-by-side financial comparison of H&R BLOCK INC (HRB) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.

H&R BLOCK INC is the larger business by last-quarter revenue ($198.9M vs $186.9M, roughly 1.1× Limbach Holdings, Inc.). Limbach Holdings, Inc. runs the higher net margin — 6.6% vs -121.8%, a 128.4% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 11.1%). Limbach Holdings, Inc. produced more free cash flow last quarter ($27.9M vs $-649.5M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% CAGR vs -69.8%).

H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch.

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

HRB vs LMB — Head-to-Head

Bigger by revenue
HRB
HRB
1.1× larger
HRB
$198.9M
$186.9M
LMB
Growing faster (revenue YoY)
LMB
LMB
+19.0% gap
LMB
30.1%
11.1%
HRB
Higher net margin
LMB
LMB
128.4% more per $
LMB
6.6%
-121.8%
HRB
More free cash flow
LMB
LMB
$677.4M more FCF
LMB
$27.9M
$-649.5M
HRB
Faster 2-yr revenue CAGR
LMB
LMB
Annualised
LMB
25.3%
-69.8%
HRB

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
HRB
HRB
LMB
LMB
Revenue
$198.9M
$186.9M
Net Profit
$-242.2M
$12.3M
Gross Margin
25.7%
Operating Margin
-160.5%
9.4%
Net Margin
-121.8%
6.6%
Revenue YoY
11.1%
30.1%
Net Profit YoY
0.5%
25.0%
EPS (diluted)
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HRB
HRB
LMB
LMB
Q4 25
$198.9M
$186.9M
Q3 25
$203.6M
$184.6M
Q2 25
$1.1B
$142.2M
Q1 25
$2.3B
$133.1M
Q4 24
$179.1M
$143.7M
Q3 24
$193.8M
$133.9M
Q2 24
$1.1B
$122.2M
Q1 24
$2.2B
$119.0M
Net Profit
HRB
HRB
LMB
LMB
Q4 25
$-242.2M
$12.3M
Q3 25
$-165.8M
$8.8M
Q2 25
$299.4M
$7.8M
Q1 25
$722.3M
$10.2M
Q4 24
$-243.4M
$9.8M
Q3 24
$-172.6M
$7.5M
Q2 24
$257.8M
$6.0M
Q1 24
$690.7M
$7.6M
Gross Margin
HRB
HRB
LMB
LMB
Q4 25
25.7%
Q3 25
24.2%
Q2 25
28.0%
Q1 25
57.4%
27.6%
Q4 24
30.3%
Q3 24
27.0%
Q2 24
27.4%
Q1 24
57.6%
26.1%
Operating Margin
HRB
HRB
LMB
LMB
Q4 25
-160.5%
9.4%
Q3 25
-106.3%
7.2%
Q2 25
33.1%
7.5%
Q1 25
42.1%
5.9%
Q4 24
-174.4%
9.1%
Q3 24
-119.8%
8.1%
Q2 24
33.0%
6.7%
Q1 24
41.5%
5.5%
Net Margin
HRB
HRB
LMB
LMB
Q4 25
-121.8%
6.6%
Q3 25
-81.5%
4.8%
Q2 25
27.0%
5.5%
Q1 25
31.7%
7.7%
Q4 24
-135.9%
6.9%
Q3 24
-89.0%
5.6%
Q2 24
24.3%
4.9%
Q1 24
31.6%
6.4%
EPS (diluted)
HRB
HRB
LMB
LMB
Q4 25
$1.01
Q3 25
$0.73
Q2 25
$0.64
Q1 25
$5.31
$0.85
Q4 24
$0.81
Q3 24
$0.62
Q2 24
$0.50
Q1 24
$4.86
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HRB
HRB
LMB
LMB
Cash + ST InvestmentsLiquidity on hand
$349.2M
$11.3M
Total DebtLower is stronger
$2.4B
$30.5M
Stockholders' EquityBook value
$-823.1M
$195.7M
Total Assets
$2.9B
$381.1M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HRB
HRB
LMB
LMB
Q4 25
$349.2M
$11.3M
Q3 25
$376.4M
$9.8M
Q2 25
$983.3M
$38.9M
Q1 25
$772.9M
$38.1M
Q4 24
$320.1M
$44.9M
Q3 24
$415.9M
$51.2M
Q2 24
$1.1B
$59.5M
Q1 24
$794.6M
$48.2M
Total Debt
HRB
HRB
LMB
LMB
Q4 25
$2.4B
$30.5M
Q3 25
$1.7B
$56.3M
Q2 25
$1.1B
$28.4M
Q1 25
$1.1B
$23.7M
Q4 24
$1.9B
$23.6M
Q3 24
$1.5B
$20.5M
Q2 24
$1.5B
$19.7M
Q1 24
$1.5B
$19.4M
Stockholders' Equity
HRB
HRB
LMB
LMB
Q4 25
$-823.1M
$195.7M
Q3 25
$-550.9M
$181.6M
Q2 25
$88.9M
$170.5M
Q1 25
$-192.8M
$161.1M
Q4 24
$-872.5M
$153.5M
Q3 24
$-368.1M
$142.2M
Q2 24
$90.6M
$133.0M
Q1 24
$-129.8M
$125.5M
Total Assets
HRB
HRB
LMB
LMB
Q4 25
$2.9B
$381.1M
Q3 25
$2.6B
$409.1M
Q2 25
$3.3B
$343.0M
Q1 25
$3.2B
$336.4M
Q4 24
$2.7B
$352.1M
Q3 24
$2.5B
$324.4M
Q2 24
$3.2B
$303.9M
Q1 24
$3.2B
$289.2M
Debt / Equity
HRB
HRB
LMB
LMB
Q4 25
0.16×
Q3 25
0.31×
Q2 25
12.86×
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
16.46×
0.15×
Q1 24
0.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HRB
HRB
LMB
LMB
Operating Cash FlowLast quarter
$-614.0M
$28.1M
Free Cash FlowOCF − Capex
$-649.5M
$27.9M
FCF MarginFCF / Revenue
-326.6%
14.9%
Capex IntensityCapex / Revenue
17.9%
0.1%
Cash ConversionOCF / Net Profit
2.29×
TTM Free Cash FlowTrailing 4 quarters
$524.1M
$41.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HRB
HRB
LMB
LMB
Q4 25
$-614.0M
$28.1M
Q3 25
$-356.8M
$13.3M
Q2 25
$251.6M
$2.0M
Q1 25
$1.3B
$2.2M
Q4 24
$-567.1M
$19.3M
Q3 24
$-328.6M
$4.9M
Q2 24
$300.6M
$16.5M
Q1 24
$1.4B
$-3.9M
Free Cash Flow
HRB
HRB
LMB
LMB
Q4 25
$-649.5M
$27.9M
Q3 25
$-370.0M
$12.8M
Q2 25
$241.3M
$1.2M
Q1 25
$1.3B
$11.0K
Q4 24
$-597.4M
$18.0M
Q3 24
$-347.3M
$4.6M
Q2 24
$290.7M
$13.2M
Q1 24
$1.3B
$-6.5M
FCF Margin
HRB
HRB
LMB
LMB
Q4 25
-326.6%
14.9%
Q3 25
-181.8%
7.0%
Q2 25
21.7%
0.8%
Q1 25
57.2%
0.0%
Q4 24
-333.6%
12.5%
Q3 24
-179.2%
3.4%
Q2 24
27.4%
10.8%
Q1 24
61.4%
-5.5%
Capex Intensity
HRB
HRB
LMB
LMB
Q4 25
17.9%
0.1%
Q3 25
6.5%
0.3%
Q2 25
0.9%
0.6%
Q1 25
1.0%
1.7%
Q4 24
17.0%
0.9%
Q3 24
9.7%
0.3%
Q2 24
0.9%
2.7%
Q1 24
1.0%
2.1%
Cash Conversion
HRB
HRB
LMB
LMB
Q4 25
2.29×
Q3 25
1.52×
Q2 25
0.84×
0.26×
Q1 25
1.83×
0.22×
Q4 24
1.96×
Q3 24
0.66×
Q2 24
1.17×
2.77×
Q1 24
1.97×
-0.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HRB
HRB

Segment breakdown not available.

LMB
LMB

Owner Direct Relationships Segment$145.0M78%
General Contractor Construction Manager Relationships Segment$41.9M22%

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