ADT vs H&R Block
ADT is the larger business, with $5.13bn of revenue in fiscal 2025 against $3.95bn for H&R Block (1.3 times as much). H&R Block grew faster (4.9% against 4.7%). H&R Block kept more of each dollar of sales as profit: a net margin of 18.6% against 11.6%. ADT carries less debt relative to equity (206.4% against 1269.5%).
| Latest fiscal year | ADTADT, 2025 | H&R BlockHRB, 2026 |
|---|---|---|
| Revenue | $5.13bn | $3.95bn |
| Revenue growth | 4.7% | 4.9% |
| Net income | $596m | $734m |
| Operating margin | 25.5% | — |
| Net margin | 11.6% | 18.6% |
| Return on equity | 15.7% | — |
| Free cash flow | $1.71bn | $756m |
| Cash | $80.8m | $959m |
| Total debt | $7.80bn | $1.49bn |
| Debt to equity | 206.4% | 1269.5% |
| Dividend per share | — | $1.68 |
| Dividend yield | 2.7% | 3.1% |
| Share buybacks | $607m | — |
| Employees | — | 4,600 |
| Market value | $6.67bn | $6.94bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 30 (Weak) | 84 (Strong) |
| Insider trades, 12 months | 6 buys, 0 sales | 0 buys, 3 sales |