HRB vs SCI: H&R Block and Service Corporation International compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Service Corporation International is the larger company, worth $10.7B, about 1.8 times H&R Block.
- Service Corporation International grew revenue faster over the last year (+3.5% vs +3.0%).
- H&R Block keeps more of each dollar of revenue as operating profit (23.0% vs 22.4%).
- On earnings, H&R Block is the cheaper stock (8.5x vs 20.4x).
- Service Corporation International's price assumes faster free cash flow growth: about 4% a year, against -7% for H&R Block (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | HRB | SCI |
|---|---|---|
| Market cap | $6.0B | $10.7B |
| Share price | $44.05 | $76.91 |
| Revenue (last fiscal year) | $3.9B | $4.3B |
| Free cash flow (last fiscal year) | $756M | $554M |
| Revenue growth, last year | +3.0% | +3.5% |
| Revenue growth per year, last 5 fiscal years | +3.3% | +1.0% |
| Operating margin | 23.0% | 22.4% |
| Net margin | 18.6% | 12.3% |
| Return on equity | 624.4% | 35.0% |
| P/E (trailing) | 8.46x | 20.4x |
| Price / free cash flow | 10.0x | 19.2x |
| EV / EBITDA | 6.60x | 12.8x |
| FCF growth the price implies | -7.3% | 4.5% |
| Dividend yield | 3.6% | 1.7% |
| Debt / equity | 26.7x | 11.5x |
| Fundamental grade | C | C |
| Superinvestors holding it | 1 | 3 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
H&R Block
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $3.5B | $747M | 21.5% |
| 2023 | $3.5B | $752M | 21.6% |
| 2024 | $3.6B | $657M | 22.3% |
| 2025 | $3.8B | $599M | 22.0% |
| 2026 | $3.9B | $756M | 23.0% |
Service Corporation International
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $4.1B | $617M | 28.7% |
| 2022 | $4.1B | $456M | 22.6% |
| 2023 | $4.1B | $507M | 23.0% |
| 2024 | $4.2B | $571M | 22.2% |
| 2025 | $4.3B | $554M | 22.7% |
Where the revenue comes from
H&R Block · by products, 2026
Service revenues$3.7B93%
Royalty, product and other revenues$281M7%
Service Corporation International · by segments, 2025
Funeral Atneed Revenue$1.2B28%
Cemetery Recognized Preneed Property Revenue$896M21%
Funeral Matured Preneed Revenue$769M18%
Cemetery Atneed Revenue$436M10%
Cemetery Recognized Preneed Merchandise And Service Revenue$422M10%
Funeral Other Revenue$226M5%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open HRB in InvestinglyQuestions
Which is bigger, H&R Block or Service Corporation International?
Service Corporation International (SCI), at $10.7B against $6.0B.
Is HRB or SCI cheaper?
By trailing P/E, H&R Block (8.46x) is cheaper than Service Corporation International (20.4x). A lower multiple can also mean the market expects less growth.
Which grows faster, HRB or SCI?
Service Corporation International: revenue grew +3.5% over the last year, against +3.0%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.