Intuit (INTU) Financials

$662.66 -35.10 (-5.03%)

Closing price 08/22/2025 04:00 PM Eastern

Extended Trading

$663.72 +1.07 (+0.16%)

As of 08/22/2025 07:59 PM Eastern

Annual Income Statements for Intuit

This table shows Intuit's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2014	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Net Income / (Loss) Attributable to Common Shareholders	907	365	979	985	1,329	1,557	1,826	2,062	2,066	2,384	2,963
Consolidated Net Income / (Loss)	907	365	979	985	1,329	1,557	1,826	2,062	2,066	2,384	2,963
Net Income / (Loss) Continuing Operations	853	413	806	985	1,329	1,557	1,826	2,062	2,066	2,384	2,963
Total Pre-Tax Income	1,300	712	1,203	1,390	1,566	1,881	2,198	2,556	2,542	2,989	3,550
Total Operating Income	1,300	738	1,242	1,418	1,560	1,854	2,176	2,500	2,571	3,141	3,630
Total Gross Profit	3,640	3,497	3,964	4,398	5,062	5,637	6,323	8,000	10,460	11,388	12,966
Total Revenue	4,243	4,192	4,694	5,196	6,025	6,784	7,679	9,633	12,726	14,368	16,285
Operating Revenue	4,243	4,192	4,694	5,196	6,025	6,784	7,679	9,633	12,726	14,368	16,285
Total Cost of Revenue	603	695	730	798	963	1,147	1,356	1,633	2,266	2,980	3,319
Operating Cost of Revenue	603	695	730	798	963	1,147	1,356	1,633	2,266	2,980	3,319
Total Operating Expenses	2,340	2,759	2,722	2,980	3,502	3,783	4,147	5,500	7,889	8,247	9,336
Selling, General & Admin Expense	444	483	518	553	664	597	679	982	1,460	1,300	1,418
Marketing Expense	1,157	1,288	1,289	1,415	1,631	1,927	2,048	2,644	3,526	3,762	4,312
Research & Development Expense	714	798	881	998	1,186	1,233	1,392	1,678	2,347	2,539	2,754
Amortization Expense	25	42	34	14	21	26	28	196	556	646	629
Restructuring Charge	-	-	-	-	-	-	-	-	-	-	223
Total Other Income / (Expense), net	0.00	-26	-39	-28	6.00	27	22	56	-29	-152	-80
Interest Expense	31	27	35	31	20	15	14	29	81	248	242
Other Income / (Expense), net	31	1.00	-4.00	3.00	26	42	36	85	52	96	162
Income Tax Expense	447	299	397	405	237	324	372	494	476	605	587
Basic Earnings per Share	$3.18	$1.30	$3.73	$3.83	$5.18	$5.99	$6.99	$7.65	$7.38	$8.49	$10.58
Weighted Average Basic Shares Outstanding	285M	281M	262M	257M	256M	260M	261M	270M	280M	281M	280M
Diluted Earnings per Share	$3.12	$1.28	$3.69	$3.78	$5.09	$5.89	$6.92	$7.56	$7.28	$8.42	$10.43
Weighted Average Diluted Shares Outstanding	291M	286M	265M	261M	261M	264M	264M	273M	284M	283M	284M
Weighted Average Basic & Diluted Shares Outstanding	285.20M	280.80M	262.50M	256.90M	256.60M	260.07M	261.81M	273.09M	281.87M	280.26M	280.29M
Cash Dividends to Common per Share	$0.76	$1.00	$1.20	$1.36	$1.56	$1.88	$2.12	$2.36	$2.72	$3.12	$3.60

This table shows Intuit's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Net Income / (Loss) Attributable to Common Shareholders	40	168	2,087	89	241	353	2,389	-20	197	471	2,820
Consolidated Net Income / (Loss)	40	168	2,087	89	241	353	2,389	-20	197	471	2,820
Net Income / (Loss) Continuing Operations	40	168	2,087	89	241	353	2,389	-20	197	471	2,820
Total Pre-Tax Income	32	228	2,734	-5.00	264	354	3,072	-140	213	571	3,684
Total Operating Income	76	270	2,778	17	307	369	3,105	-151	271	593	3,720
Total Gross Profit	1,962	2,309	5,077	2,040	2,256	2,567	5,706	2,437	2,497	3,063	6,598
Total Revenue	2,597	3,041	6,018	2,712	2,978	3,386	6,737	3,184	3,283	3,963	7,754
Operating Revenue	2,597	3,041	6,018	2,712	2,978	3,386	6,737	3,184	3,283	3,963	7,754
Total Cost of Revenue	635	732	941	672	722	819	1,031	747	786	900	1,156
Operating Cost of Revenue	635	732	941	672	722	819	1,031	747	786	900	1,156
Total Operating Expenses	1,886	2,039	2,299	2,023	1,949	2,198	2,601	2,588	2,226	2,466	2,877
Selling, General & Admin Expense	304	323	332	341	342	344	355	377	394	389	394
Marketing Expense	795	924	1,203	840	769	1,020	1,419	1,104	962	1,204	1,618
Research & Development Expense	625	630	604	680	680	678	671	725	704	716	707
Amortization Expense	162	162	160	162	158	156	156	159	157	157	158
Total Other Income / (Expense), net	-44	-42	-44	-22	-43	-15	-33	11	-58	-22	-36
Interest Expense	49	65	66	68	65	57	60	60	60	60	68
Other Income / (Expense), net	5.00	23	22	46	22	42	27	71	2.00	38	32
Income Tax Expense	-8.00	60	647	-94	23	1.00	683	-120	16	100	864
Basic Earnings per Share	$0.14	$0.60	$7.44	$0.31	$0.86	$1.26	$8.53	($0.07)	$0.70	$1.68	$10.09
Weighted Average Basic Shares Outstanding	281M	281M	281M	281M	280M	280M	280M	280M	280M	280M	280M
Diluted Earnings per Share	$0.14	$0.60	$7.38	$0.30	$0.85	$1.25	$8.42	($0.09)	$0.70	$1.67	$10.02
Weighted Average Diluted Shares Outstanding	284M	282M	283M	283M	283M	284M	284M	284M	283M	283M	282M
Weighted Average Basic & Diluted Shares Outstanding	280.93M	280.55M	280.06M	280.26M	279.94M	279.98M	279.55M	280.29M	280.04M	279.56M	278.95M
Cash Dividends to Common per Share	$0.78	$0.78	$0.78	-	$0.90	$0.90	$0.90	-	$1.04	$1.04	$1.04

This table details how cash moves in and out of Intuit's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2014	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Net Change in Cash & Equivalents	-160	-41	-170	-50	941	721	4,345	-3,878	178	-145	4,260
Net Cash From Operating Activities	1,446	1,589	1,460	1,599	2,112	2,324	2,414	3,250	3,889	5,046	4,884
Net Cash From Continuing Operating Activities	1,446	1,589	1,460	1,599	2,112	-790	2,414	3,250	3,889	5,046	4,884
Net Income / (Loss) Continuing Operations	907	365	979	985	1,329	0.00	1,826	2,062	2,066	2,384	2,963
Consolidated Net Income / (Loss)	907	365	979	985	1,329	-	1,826	2,062	2,066	2,384	2,963
Depreciation Expense	144	157	195	214	228	199	189	166	187	160	159
Amortization Expense	53	74	43	22	25	26	29	197	559	646	630
Non-Cash Adjustments To Reconcile Net Income	85	558	-56	339	462	1,973	238	836	1,513	1,255	2,115
Changes in Operating Assets and Liabilities, net	257	435	299	39	68	126	132	-11	-436	601	-983
Net Cash From Investing Activities	-49	-182	371	-17	-532	-635	-97	-3,965	-5,421	-922	-227
Net Cash From Continuing Investing Activities	-49	-182	371	-17	-532	-635	-97	-3,965	-5,421	-922	-227
Purchase of Property, Plant & Equipment	-186	-261	-522	-230	-124	-155	-137	-125	-229	-260	-250
Acquisitions	-471	-95	0.00	0.00	-363	-64	0.00	-3,064	-5,682	-33	-83
Purchase of Investments	-1,334	-939	-934	-352	-407	-752	-701	-1,489	-1,763	-2,998	-3,318
Sale and/or Maturity of Investments	939	1,095	1,352	542	414	387	726	779	2,277	2,416	3,504
Other Investing Activities, net	-22	18	12	23	-52	-51	15	-66	-24	-47	-80
Net Cash From Financing Activities	-1,551	-1,422	-1,999	-1,632	-639	-965	2,034	-3,176	1,732	-4,269	-397
Net Cash From Continuing Financing Activities	-1,551	-1,422	-1,999	-1,632	-639	-965	2,015	-3,176	1,732	-4,269	-397
Repayment of Debt	-1.00	-1.00	-1,001	-663	-851	-58	-51	-1,340	-10	-1,033	-4,327
Repurchase of Common Equity	-1,577	-1,245	-2,264	-839	-272	-556	-323	-1,005	-1,861	-1,967	-1,988
Payment of Dividends	-220	-283	-318	-353	-407	-501	-561	-646	-774	-889	-1,034
Issuance of Debt	0.00	0.00	1,495	150	800	48	2,983	0.00	4,882	222	4,236
Issuance of Common Equity	165	220	197	226	295	284	211	196	162	228	282
Other Financing Activities, net	82	-113	-108	-153	-204	-182	-244	-381	-667	-830	2,434
Cash Interest Paid	32	32	37	42	19	17	14	30	67	272	200
Cash Income Taxes Paid	240	222	389	430	245	325	493	578	303	484	1,881

This table details how cash moves in and out of Intuit's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Net Change in Cash & Equivalents	-857	-591	2,201	-898	945	644	2,040	631	935	-2,680	4,826
Net Cash From Operating Activities	328	284	3,592	842	-97	613	3,951	417	362	1,069	4,395
Net Cash From Continuing Operating Activities	328	284	3,592	842	-97	613	3,951	417	362	1,069	4,395
Net Income / (Loss) Continuing Operations	40	168	2,087	89	241	353	2,389	-20	197	471	2,820
Consolidated Net Income / (Loss)	40	168	2,087	89	241	353	2,389	-20	197	471	2,820
Depreciation Expense	47	47	33	33	33	36	42	48	44	42	43
Amortization Expense	162	162	160	162	158	156	156	160	157	157	158
Non-Cash Adjustments To Reconcile Net Income	428	215	348	264	410	328	507	560	593	552	503
Changes in Operating Assets and Liabilities, net	-349	-308	964	294	-939	-260	857	-331	-629	-153	871
Net Cash From Investing Activities	-256	-448	155	-373	210	34	-219	-252	-188	-489	-416
Net Cash From Continuing Investing Activities	-256	-448	155	-373	210	34	-219	-252	-188	-489	-416
Purchase of Property, Plant & Equipment	-77	-55	-88	-40	-84	-63	-61	-42	-33	-31	-35
Purchase of Investments	-256	-1,147	-763	-832	-469	-763	-1,258	-828	-972	-1,174	-1,807
Sale and/or Maturity of Investments	378	502	1,016	520	753	902	1,114	735	820	196	2,060
Other Investing Activities, net	-301	285	-10	-21	10	-42	-14	-34	-3.00	520	-634
Net Cash From Financing Activities	-913	-442	-1,549	-1,365	849	-16	-1,684	454	761	-3,260	847
Net Cash From Continuing Financing Activities	-913	-442	-1,549	-1,365	849	-16	-1,684	454	761	-3,260	847
Repurchase of Common Equity	-510	-507	-478	-472	-584	-551	-572	-281	-557	-717	-752
Payment of Dividends	-222	-224	-221	-222	-260	-256	-257	-261	-296	-300	-292
Issuance of Debt	70	105	37	10	3,956	95	-	85	85	134	145
Issuance of Common Equity	60	21	69	78	92	77	57	56	96	79	88
Other Financing Activities, net	-311	189	-450	-258	1,828	663	-911	854	1,433	-2,452	1,658

This table presents Intuit's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2014	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Total Assets	5,201	4,968	4,250	4,068	5,134	6,283	10,931	15,516	27,734	27,780	32,132
Total Current Assets	2,621	2,560	1,614	1,415	2,422	3,594	7,980	5,157	5,047	5,557	9,678
Cash & Equivalents	849	808	638	529	1,464	2,116	6,442	2,562	2,796	2,848	3,609
Short-Term Investments	1,065	889	442	248	252	624	608	1,308	485	814	465
Note & Lease Receivable	-	-	-	-	-	-	-	132	509	687	779
Accounts Receivable	115	91	108	103	98	87	149	391	446	405	457
Prepaid Expenses	115	94	102	100	202	266	314	184	287	354	366
Current Deferred & Refundable Income Taxes	159	315	20	63	39	65	12	123	93	29	78
Other Current Assets	-	-	-	-	-	-	-	457	431	420	3,921
Other Current Nonoperating Assets	29	26	-	-	-	-	-	-	-	0.00	3.00
Plant, Property, & Equipment, net	589	682	1,031	1,030	812	780	734	780	888	969	1,009
Total Noncurrent Assets	1,991	1,726	1,605	1,623	1,900	1,909	2,217	9,579	21,799	21,254	21,445
Long-Term Investments	31	27	28	31	13	13	19	43	98	105	131
Goodwill	1,323	1,266	1,282	1,295	1,611	1,655	1,654	5,613	13,736	13,780	13,844
Intangible Assets	133	87	44	22	61	54	28	3,252	7,061	6,419	5,820
Noncurrent Deferred & Refundable Income Taxes	-	5.00	139	132	-	1.00	65	8.00	11	64	698
Other Noncurrent Operating Assets	108	106	112	143	215	186	451	663	893	886	952
Total Liabilities & Shareholders' Equity	5,201	4,968	4,250	4,068	5,134	6,283	10,931	15,516	27,734	27,780	32,132
Total Liabilities	2,123	2,636	3,089	2,714	2,318	2,534	5,825	5,647	11,293	10,511	13,696
Total Current Liabilities	1,421	1,744	2,251	1,944	1,743	1,966	3,529	2,655	3,630	3,790	7,491
Short-Term Debt	-	0.00	512	50	50	50	1,338	0.00	499	0.00	499
Accounts Payable	145	190	184	157	178	274	305	623	737	638	721
Current Deferred Revenue	495	691	801	887	581	619	652	684	808	921	872
Current Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	-	8.00	698	8.00
Current Employee Benefit Liabilities	262	283	289	300	369	385	482	530	576	665	921
Other Current Liabilities	150	150	161	178	198	202	297	818	1,002	868	4,470
Total Noncurrent Liabilities	702	892	838	770	575	568	2,296	2,992	7,663	6,721	6,205
Long-Term Debt	499	500	488	438	388	386	2,031	2,034	6,415	6,120	5,539
Other Noncurrent Operating Liabilities	166	172	146	130	119	145	263	433	629	601	666
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,078	2,332	1,161	1,354	2,816	3,749	5,106	9,869	16,441	17,269	18,436
Total Preferred & Common Equity	3,078	2,332	1,161	1,354	2,816	3,749	5,106	9,869	16,441	17,269	18,436
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,078	2,332	1,161	1,354	2,816	3,749	5,106	9,869	16,441	17,269	18,436
Common Stock	3,561	4,010	4,445	4,857	5,338	5,775	6,182	10,548	17,725	19,029	20,251
Retained Earnings	5,949	6,027	6,687	7,297	8,564	9,621	10,885	12,296	13,581	15,067	16,989
Treasury Stock	-6,430	-7,675	-9,939	-10,778	-11,050	-11,611	-11,929	-12,951	-14,805	-16,772	-18,750
Accumulated Other Comprehensive Income / (Loss)	-2.00	-30	-32	-22	-36	-36	-32	-24	-60	-55	-54

This table presents Intuit's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Total Assets	27,085	27,202	28,921	27,780	28,488	29,688	31,560	32,132	33,193	31,682	36,593
Total Current Assets	4,554	4,756	6,649	5,557	6,231	7,300	9,236	9,678	10,726	9,135	13,965
Cash & Equivalents	2,125	1,547	3,745	2,848	1,734	1,474	4,215	3,609	2,872	2,435	5,443
Short-Term Investments	599	524	523	814	537	15	463	465	486	24	731
Note & Lease Receivable	566	948	700	687	649	1,001	698	779	892	1,376	1,278
Accounts Receivable	384	903	717	405	372	928	790	457	426	1,017	724
Prepaid Expenses	324	391	574	354	388	345	337	366	407	845	512
Current Deferred & Refundable Income Taxes	88	67	2.00	29	17	126	4.00	78	27	90	9.00
Other Current Assets	468	376	388	420	2,525	3,390	2,722	3,921	5,606	3,334	5,221
Other Current Nonoperating Assets	-	-	-	0.00	9.00	21	7.00	3.00	10	14	47
Plant, Property, & Equipment, net	926	931	938	969	1,013	1,049	1,032	1,009	1,008	992	975
Total Noncurrent Assets	21,605	21,515	21,334	21,254	21,244	21,339	21,292	21,445	21,459	21,555	21,653
Long-Term Investments	98	108	102	105	107	128	129	131	90	88	88
Goodwill	13,732	13,779	13,778	13,780	13,776	13,779	13,778	13,844	13,844	13,841	13,847
Intangible Assets	6,899	6,737	6,580	6,419	6,261	6,104	5,950	5,820	5,662	5,505	5,397
Noncurrent Deferred & Refundable Income Taxes	10	12	13	64	214	383	512	698	798	934	1,062
Other Noncurrent Operating Assets	866	879	861	886	886	945	923	952	1,065	1,187	1,259
Total Liabilities & Shareholders' Equity	27,085	27,202	28,921	27,780	28,488	29,688	31,560	32,132	33,193	31,682	36,593
Total Liabilities	11,018	11,360	11,329	10,511	11,496	12,780	12,803	13,696	15,057	13,733	16,468
Total Current Liabilities	3,325	3,862	4,415	3,790	4,996	6,216	6,163	7,491	8,619	7,179	9,654
Short-Term Debt	499	501	501	0.00	0.00	0.00	-	499	499	500	500
Accounts Payable	670	811	921	638	630	789	886	721	652	1,038	1,002
Current Deferred Revenue	698	852	829	921	763	887	843	872	892	1,025	957
Current Deferred & Payable Income Tax Liabilities	-	-	653	698	133	1.00	437	-	21	-	614
Current Employee Benefit Liabilities	401	502	625	665	439	547	689	921	413	623	747
Other Current Liabilities	1,057	1,196	886	868	3,031	3,992	3,308	4,478	6,142	3,993	5,834
Total Noncurrent Liabilities	7,693	7,498	6,914	6,721	6,500	6,564	6,640	6,205	6,438	6,554	6,814
Long-Term Debt	6,486	6,576	6,109	6,120	5,879	5,950	5,952	5,539	5,625	5,760	5,906
Other Noncurrent Operating Liabilities	619	602	615	601	618	611	685	666	813	794	908
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	16,067	15,842	17,592	17,269	16,992	16,908	18,757	18,436	18,136	17,949	20,125
Total Preferred & Common Equity	16,067	15,842	17,592	17,269	16,992	16,908	18,757	18,436	18,136	17,949	20,125
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	16,067	15,842	17,592	17,269	16,992	16,908	18,757	18,436	18,136	17,949	20,125
Common Stock	18,082	18,392	18,760	19,029	19,398	19,739	20,040	20,251	20,619	20,995	21,380
Retained Earnings	13,396	13,337	15,200	15,067	15,047	15,140	17,270	16,989	16,891	17,059	19,586
Treasury Stock	-15,324	-15,824	-16,307	-16,772	-17,375	-17,911	-18,495	-18,750	-19,320	-20,041	-20,795
Accumulated Other Comprehensive Income / (Loss)	-87	-63	-61	-55	-78	-60	-58	-54	-54	-64	-46

This table displays calculated financial ratios and metrics derived from Intuit's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	7/31/2014	7/31/2015	7/31/2016	7/31/2017	7/31/2018	7/31/2019	7/31/2020	7/31/2021	7/31/2022	7/31/2023	7/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.53%	-1.20%	11.98%	10.69%	15.95%	12.60%	13.19%	25.45%	32.11%	12.90%	13.34%
EBITDA Growth	5.60%	-36.52%	52.16%	12.26%	10.98%	15.33%	14.57%	21.32%	14.28%	20.01%	13.31%
EBIT Growth	9.55%	-44.48%	67.52%	14.78%	11.61%	19.55%	16.67%	16.86%	1.47%	23.41%	17.15%
NOPAT Growth	3.69%	-49.81%	94.39%	20.76%	31.75%	15.92%	17.79%	11.57%	3.61%	19.89%	20.94%
Net Income Growth	5.71%	-59.76%	168.22%	0.61%	34.92%	17.16%	17.28%	12.92%	0.19%	15.39%	24.29%
EPS Growth	10.25%	-58.97%	188.28%	2.44%	34.66%	15.72%	17.49%	9.25%	-3.70%	15.66%	23.87%
Operating Cash Flow Growth	5.86%	9.89%	-8.12%	9.52%	32.08%	10.04%	3.87%	34.63%	19.66%	29.75%	-3.21%
Free Cash Flow Firm Growth	1.92%	-14.32%	-4.43%	44.78%	-24.17%	104.93%	9.20%	-371.07%	-97.05%	128.89%	-16.56%
Invested Capital Growth	-6.18%	-34.98%	11.62%	-11.62%	74.92%	-13.99%	-4.52%	740.17%	150.01%	-1.77%	3.28%
Revenue Q/Q Growth	1.00%	6.21%	1.25%	2.10%	0.05%	1.95%	11.99%	8.38%	-1.14%	2.12%	2.98%
EBITDA Q/Q Growth	1.60%	-7.00%	5.81%	4.28%	-10.03%	2.51%	34.11%	-0.67%	-10.18%	2.98%	-2.76%
EBIT Q/Q Growth	2.86%	-10.21%	6.82%	5.10%	-11.45%	2.99%	39.56%	-3.11%	-15.39%	4.18%	-3.63%
NOPAT Q/Q Growth	1.18%	-10.67%	7.92%	8.00%	-5.82%	-0.84%	38.28%	-3.05%	-16.59%	6.24%	-4.31%
Net Income Q/Q Growth	-1.41%	13.35%	-5.23%	8.60%	-5.41%	-0.38%	36.57%	-3.06%	-17.43%	6.48%	-3.55%
EPS Q/Q Growth	-1.58%	10.34%	-6.35%	11.18%	-5.21%	-0.84%	36.76%	-3.08%	-18.11%	5.91%	-3.60%
Operating Cash Flow Q/Q Growth	8.23%	-2.99%	-9.20%	-0.56%	13.61%	-3.53%	20.40%	8.51%	-4.96%	11.07%	-8.01%
Free Cash Flow Firm Q/Q Growth	-50.08%	-12.83%	-17.13%	19.66%	-32.57%	41.08%	39.90%	-8.15%	-6.59%	58.93%	-23.12%
Invested Capital Q/Q Growth	29.00%	79.41%	218.72%	161.66%	168.68%	28.35%	25.30%	6.78%	3.65%	-1.06%	1.86%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	85.79%	83.42%	84.45%	84.64%	84.02%	83.09%	82.34%	83.05%	82.19%	79.26%	79.62%
EBITDA Margin	36.01%	23.14%	31.44%	31.89%	30.52%	31.26%	31.64%	30.60%	26.47%	28.14%	28.13%
Operating Margin	30.64%	17.61%	26.46%	27.29%	25.89%	27.33%	28.34%	25.95%	20.20%	21.86%	22.29%
EBIT Margin	31.37%	17.63%	26.37%	27.35%	26.32%	27.95%	28.81%	26.83%	20.61%	22.53%	23.29%
Profit (Net Income) Margin	21.38%	8.71%	20.86%	18.96%	22.06%	22.95%	23.78%	21.41%	16.23%	16.59%	18.19%
Tax Burden Percent	69.77%	51.26%	81.38%	70.86%	84.87%	82.78%	83.08%	80.67%	81.27%	79.76%	83.46%
Interest Burden Percent	97.67%	96.35%	97.17%	97.82%	98.74%	99.21%	99.37%	98.88%	96.91%	92.34%	93.62%
Effective Tax Rate	34.38%	41.99%	33.00%	29.14%	15.13%	17.22%	16.92%	19.33%	18.73%	20.24%	16.54%
Return on Invested Capital (ROIC)	80.02%	50.27%	117.20%	142.43%	145.48%	142.49%	185.69%	45.11%	14.94%	12.65%	15.19%
ROIC Less NNEP Spread (ROIC-NNEP)	77.61%	53.68%	103.03%	146.02%	145.05%	141.48%	185.16%	43.62%	12.10%	8.54%	12.00%
Return on Net Nonoperating Assets (RNNOA)	-52.57%	-36.78%	-61.15%	-64.10%	-81.74%	-95.06%	-144.45%	-17.57%	0.76%	1.49%	1.41%
Return on Equity (ROE)	27.45%	13.49%	56.06%	78.33%	63.74%	47.43%	41.24%	27.54%	15.71%	14.14%	16.60%
Cash Return on Invested Capital (CROIC)	86.40%	92.67%	106.22%	154.76%	90.98%	157.53%	190.32%	-112.34%	-70.77%	14.44%	11.96%
Operating Return on Assets (OROA)	24.91%	14.53%	26.86%	34.17%	34.47%	33.21%	25.70%	19.55%	12.13%	11.66%	12.66%
Return on Assets (ROA)	16.97%	7.18%	21.24%	23.68%	28.89%	27.28%	21.22%	15.59%	9.55%	8.59%	9.89%
Return on Common Equity (ROCE)	27.45%	13.49%	56.06%	78.33%	63.74%	47.43%	41.24%	27.54%	15.71%	14.14%	16.60%
Return on Equity Simple (ROE_SIMPLE)	29.47%	15.65%	84.32%	72.75%	47.19%	41.53%	35.76%	20.89%	12.57%	13.81%	16.07%
Net Operating Profit after Tax (NOPAT)	853	428	832	1,005	1,324	1,535	1,808	2,017	2,090	2,505	3,030
NOPAT Margin	20.10%	10.21%	17.73%	19.34%	21.97%	22.62%	23.54%	20.94%	16.42%	17.44%	18.60%
Net Nonoperating Expense Percent (NNEP)	2.41%	-3.40%	14.17%	-3.59%	0.43%	1.01%	0.53%	1.50%	2.85%	4.12%	3.19%
Cost of Revenue to Revenue	14.21%	16.58%	15.55%	15.36%	15.98%	16.91%	17.66%	16.95%	17.81%	20.74%	20.38%
SG&A Expenses to Revenue	10.46%	11.52%	11.04%	10.64%	11.02%	8.80%	8.84%	10.19%	11.47%	9.05%	8.71%
R&D to Revenue	16.83%	19.04%	18.77%	19.21%	19.68%	18.18%	18.13%	17.42%	18.44%	17.67%	16.91%
Operating Expenses to Revenue	55.15%	65.82%	57.99%	57.35%	58.12%	55.76%	54.00%	57.10%	61.99%	57.40%	57.33%
Earnings before Interest and Taxes (EBIT)	1,331	739	1,238	1,421	1,586	1,896	2,212	2,585	2,623	3,237	3,792
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,528	970	1,476	1,657	1,839	2,121	2,430	2,948	3,369	4,043	4,581
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.94	11.60	22.96	24.65	17.84	18.53	15.24	14.40	7.72	8.25	9.82
Price to Tangible Book Value (P/TBV)	13.16	27.62	0.00	902.18	43.90	34.05	22.72	141.54	0.00	0.00	0.00
Price to Revenue (P/Rev)	5.03	6.45	5.68	6.42	8.34	10.24	10.13	14.75	9.98	9.91	11.11
Price to Earnings (P/E)	23.54	74.09	27.23	33.89	37.79	44.61	42.60	68.92	61.45	59.75	61.07
Dividend Yield	1.01%	1.02%	1.15%	1.04%	0.80%	0.70%	0.71%	0.57%	0.60%	0.61%	0.56%
Earnings Yield	4.25%	1.35%	3.67%	2.95%	2.65%	2.24%	2.35%	1.45%	1.63%	1.67%	1.64%
Enterprise Value to Invested Capital (EV/IC)	19.01	37.98	35.04	49.38	41.94	66.97	77.43	17.55	6.53	7.38	9.02
Enterprise Value to Revenue (EV/Rev)	4.62	6.08	5.59	6.29	8.06	9.83	9.59	14.56	10.25	10.08	11.22
Enterprise Value to EBITDA (EV/EBITDA)	12.84	26.27	17.78	19.73	26.41	31.45	30.30	47.57	38.73	35.81	39.90
Enterprise Value to EBIT (EV/EBIT)	14.74	34.48	21.20	23.00	30.62	35.18	33.29	54.25	49.75	44.73	48.21
Enterprise Value to NOPAT (EV/NOPAT)	23.00	59.53	31.54	32.53	36.68	43.46	40.74	69.53	62.45	57.80	60.33
Enterprise Value to Operating Cash Flow (EV/OCF)	13.57	16.04	17.98	20.44	23.00	28.70	30.50	43.15	33.55	28.70	37.43
Enterprise Value to Free Cash Flow (EV/FCFF)	21.30	32.29	34.80	29.94	58.66	39.31	39.75	0.00	0.00	50.64	76.62
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.16	0.21	0.86	0.36	0.16	0.12	0.66	0.21	0.42	0.35	0.33
Long-Term Debt to Equity	0.16	0.21	0.42	0.32	0.14	0.10	0.40	0.21	0.39	0.35	0.30
Financial Leverage	-0.68	-0.69	-0.59	-0.44	-0.56	-0.67	-0.78	-0.40	0.06	0.17	0.12
Leverage Ratio	1.62	1.88	2.64	3.31	2.21	1.74	1.94	1.77	1.64	1.65	1.68
Compound Leverage Factor	1.58	1.81	2.56	3.24	2.18	1.73	1.93	1.75	1.59	1.52	1.57
Debt to Total Capital	13.95%	17.66%	46.27%	26.49%	13.46%	10.42%	39.75%	17.09%	29.60%	26.17%	24.67%
Short-Term Debt to Total Capital	0.00%	0.00%	23.69%	2.71%	1.54%	1.19%	15.79%	0.00%	2.14%	0.00%	2.04%
Long-Term Debt to Total Capital	13.95%	17.66%	22.58%	23.78%	11.92%	9.22%	23.96%	17.09%	27.47%	26.17%	22.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	86.05%	82.34%	53.73%	73.51%	86.54%	89.58%	60.25%	82.91%	70.40%	73.83%	75.33%
Debt to EBITDA	0.33	0.52	0.68	0.29	0.24	0.21	1.39	0.69	2.05	1.51	1.32
Net Debt to EBITDA	-1.14	-1.61	-0.28	-0.42	-0.90	-1.30	-1.71	-0.64	1.05	0.58	0.40
Long-Term Debt to EBITDA	0.33	0.52	0.33	0.26	0.21	0.18	0.84	0.69	1.90	1.51	1.21
Debt to NOPAT	0.59	1.17	1.20	0.49	0.33	0.28	1.86	1.01	3.31	2.44	1.99
Net Debt to NOPAT	-2.03	-3.65	-0.50	-0.69	-1.25	-1.79	-2.30	-0.93	1.69	0.94	0.61
Long-Term Debt to NOPAT	0.59	1.17	0.59	0.44	0.29	0.25	1.12	1.01	3.07	2.44	1.83
Altman Z-Score	9.57	9.39	9.27	12.16	17.69	20.98	11.27	17.57	8.26	9.87	9.65
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.84	1.47	0.72	0.73	1.39	1.83	2.26	1.94	1.39	1.47	1.29
Quick Ratio	1.43	1.03	0.53	0.45	1.04	1.44	2.04	1.65	1.17	1.25	0.71
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	921	789	754	1,092	828	1,697	1,853	-5,022	-9,896	2,859	2,386
Operating Cash Flow to CapEx	777.42%	608.81%	279.69%	695.22%	1,703.23%	1,499.35%	1,762.04%	2,600.00%	1,698.25%	1,940.77%	1,953.60%
Free Cash Flow to Firm to Interest Expense	29.71	29.23	21.55	35.22	41.40	113.11	132.34	-173.18	-122.18	11.53	9.86
Operating Cash Flow to Interest Expense	46.65	58.85	41.71	51.58	105.60	154.93	172.43	112.07	48.01	20.35	20.18
Operating Cash Flow Less CapEx to Interest Expense	40.65	49.19	26.80	44.16	99.40	144.60	162.64	107.76	45.19	19.30	19.15
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.79	0.82	1.02	1.25	1.31	1.19	0.89	0.73	0.59	0.52	0.54
Accounts Receivable Turnover	34.64	40.70	47.18	49.25	59.95	73.34	65.08	35.68	30.41	33.77	37.78
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	7.42	6.60	5.48	5.04	6.54	8.52	10.14	12.73	15.26	15.47	16.47
Accounts Payable Turnover	4.28	4.15	3.90	4.68	5.75	5.08	4.68	3.52	3.33	4.33	4.88
Days Sales Outstanding (DSO)	10.54	8.97	7.74	7.41	6.09	4.98	5.61	10.23	12.00	10.81	9.66
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	85.35	87.97	93.50	77.99	63.49	71.92	77.93	103.71	109.53	84.21	74.73
Cash Conversion Cycle (CCC)	-74.81	-79.00	-85.76	-70.57	-57.40	-66.94	-72.32	-93.48	-97.53	-73.40	-65.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,032	671	749	662	1,158	996	951	7,990	19,976	19,622	20,266
Invested Capital Turnover	3.98	4.92	6.61	7.37	6.62	6.30	7.89	2.15	0.91	0.73	0.82
Increase / (Decrease) in Invested Capital	-68	-361	78	-87	496	-162	-45	7,039	11,986	-354	644
Enterprise Value (EV)	19,616	25,482	26,243	32,689	48,567	66,701	73,638	140,228	130,492	144,799	182,798
Market Capitalization	21,351	27,043	26,655	33,381	50,225	69,454	77,793	142,107	126,957	142,446	180,965
Book Value per Share	$10.84	$8.46	$4.54	$5.28	$10.97	$14.46	$19.58	$36.12	$58.29	$61.66	$65.95
Tangible Book Value per Share	$5.71	$3.55	($0.64)	$0.14	$4.46	$7.87	$13.13	$3.67	($15.44)	($10.46)	($4.39)
Total Capital	3,577	2,832	2,161	1,842	3,254	4,185	8,475	11,903	23,355	23,389	24,474
Total Debt	499	500	1,000	488	438	436	3,369	2,034	6,914	6,120	6,038
Total Long-Term Debt	499	500	488	438	388	386	2,031	2,034	6,415	6,120	5,539
Net Debt	-1,735	-1,561	-412	-692	-1,658	-2,753	-4,155	-1,879	3,535	2,353	1,833
Capital Expenditures (CapEx)	186	261	522	230	124	155	137	125	229	260	250
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,003	-1,218	-1,509	-1,628	-1,354	-1,498	-1,716	-1,368	-1,365	-1,895	-1,388
Debt-free Net Working Capital (DFNWC)	1,200	816	-125	-479	729	1,678	5,789	2,502	1,916	1,767	2,686
Net Working Capital (NWC)	1,200	816	-637	-529	679	1,628	4,451	2,502	1,417	1,767	2,187
Net Nonoperating Expense (NNE)	-54	63	-147	20	-5.09	-22	-18	-45	24	121	67
Net Nonoperating Obligations (NNO)	-2,046	-1,661	-412	-692	-1,658	-2,753	-4,155	-1,879	3,535	2,353	1,830
Total Depreciation and Amortization (D&A)	197	231	238	236	253	225	218	363	746	806	789
Debt-free, Cash-free Net Working Capital to Revenue	-23.64%	-29.06%	-32.15%	-31.33%	-22.47%	-22.08%	-22.35%	-14.20%	-10.73%	-13.19%	-8.52%
Debt-free Net Working Capital to Revenue	28.28%	19.47%	-2.66%	-9.22%	12.10%	24.73%	75.39%	25.97%	15.06%	12.30%	16.49%
Net Working Capital to Revenue	28.28%	19.47%	-13.57%	-10.18%	11.27%	24.00%	57.96%	25.97%	11.13%	12.30%	13.43%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.18	$1.30	$3.73	$3.78	$4.72	$5.99	$6.99	$7.65	$7.38	$8.49	$10.58
Adjusted Weighted Average Basic Shares Outstanding	285M	281M	262M	257M	256M	260M	261M	270M	280M	281M	280M
Adjusted Diluted Earnings per Share	$3.12	$1.28	$3.69	$3.72	$4.64	$5.89	$6.92	$7.56	$7.28	$8.42	$10.43
Adjusted Weighted Average Diluted Shares Outstanding	291M	286M	265M	261M	261M	264M	264M	273M	284M	283M	284M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$5.99	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	285.54M	277.31M	257.94M	254.97M	258.67M	260.07M	261.81M	273.09M	281.87M	280.26M	280.29M
Normalized Net Operating Profit after Tax (NOPAT)	853	514	832	1,005	1,324	1,535	1,808	2,017	2,090	2,505	3,216
Normalized NOPAT Margin	20.10%	12.26%	17.73%	19.34%	21.97%	22.62%	23.54%	20.94%	16.42%	17.44%	19.75%
Pre Tax Income Margin	30.64%	16.98%	25.63%	26.75%	25.99%	27.73%	28.62%	26.53%	19.97%	20.80%	21.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	42.94	27.37	35.37	45.84	79.30	126.40	158.00	89.14	32.38	13.05	15.67
NOPAT to Interest Expense	27.52	15.85	23.78	32.41	66.20	102.31	129.12	69.55	25.80	10.10	12.52
EBIT Less CapEx to Interest Expense	36.94	17.70	20.46	38.42	73.10	116.07	148.21	84.83	29.56	12.00	14.64
NOPAT Less CapEx to Interest Expense	21.52	6.19	8.86	24.99	60.00	91.98	119.34	65.24	22.97	9.05	11.49
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.26%	77.53%	32.48%	35.84%	30.62%	32.18%	30.72%	31.33%	37.46%	37.29%	34.90%
Augmented Payout Ratio	198.13%	418.63%	263.74%	121.02%	51.09%	67.89%	48.41%	80.07%	127.54%	119.80%	101.99%

This table displays calculated financial ratios and metrics derived from Intuit's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025	4/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	29.40%	13.77%	6.85%	12.34%	14.67%	11.35%	11.95%	17.40%	10.24%	17.04%	15.10%
EBITDA Growth	-19.22%	88.72%	14.98%	82.98%	79.31%	20.12%	11.26%	-50.39%	-8.85%	37.65%	18.71%
EBIT Growth	-66.94%	474.51%	16.96%	194.03%	306.17%	40.27%	11.86%	-226.98%	-17.02%	53.53%	19.80%
NOPAT Growth	-49.15%	6.58%	17.12%	122.67%	195.00%	84.95%	13.87%	-988.24%	-10.57%	32.94%	17.93%
Net Income Growth	-82.46%	68.00%	16.33%	258.93%	502.50%	110.12%	14.47%	-122.47%	-18.26%	33.43%	18.04%
EPS Growth	-82.93%	71.43%	17.52%	276.47%	507.14%	108.33%	14.09%	-130.00%	-17.65%	33.60%	19.00%
Operating Cash Flow Growth	126.21%	234.12%	8.19%	148.38%	-129.57%	115.85%	9.99%	-50.48%	473.20%	74.39%	11.24%
Free Cash Flow Firm Growth	-80.63%	99.24%	115.65%	103.04%	100.22%	-20.41%	50.59%	-304.89%	-356.56%	154.58%	7.18%
Invested Capital Growth	148.83%	1.43%	2.90%	-1.77%	1.26%	2.31%	0.32%	3.28%	1.55%	2.02%	1.64%
Revenue Q/Q Growth	7.58%	17.10%	97.90%	-54.94%	9.81%	13.70%	98.97%	-52.74%	3.11%	20.71%	95.66%
EBITDA Q/Q Growth	105.67%	73.10%	496.22%	-91.38%	101.55%	15.96%	452.24%	-96.16%	270.31%	75.11%	376.27%
EBIT Q/Q Growth	220.90%	261.73%	855.63%	-97.75%	422.22%	24.92%	662.04%	-102.55%	441.25%	131.14%	494.61%
NOPAT Q/Q Growth	280.95%	109.42%	965.90%	-99.44%	2,255.07%	31.29%	556.23%	-104.38%	337.13%	95.16%	482.15%
Net Income Q/Q Growth	171.43%	320.00%	1,142.26%	-95.74%	170.79%	46.47%	576.77%	-100.84%	1,085.00%	139.09%	498.73%
EPS Q/Q Growth	182.35%	328.57%	1,130.00%	-95.94%	183.33%	47.06%	573.60%	-101.07%	877.78%	138.57%	500.00%
Operating Cash Flow Q/Q Growth	-3.24%	-13.41%	1,164.79%	-76.56%	-111.52%	731.96%	544.54%	-89.45%	-13.19%	195.30%	311.13%
Free Cash Flow Firm Q/Q Growth	0.28%	99.22%	1,778.18%	-76.57%	-92.82%	-526.77%	2,198.91%	-131.88%	91.02%	190.78%	4,022.12%
Invested Capital Q/Q Growth	1.27%	2.52%	-4.38%	-1.06%	4.39%	3.59%	-6.24%	1.86%	2.64%	4.07%	-6.59%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.55%	75.93%	84.36%	75.22%	75.76%	75.81%	84.70%	76.54%	76.06%	77.29%	85.09%
EBITDA Margin	11.17%	16.51%	49.73%	9.51%	17.46%	17.81%	49.43%	4.02%	14.44%	20.94%	50.98%
Operating Margin	2.93%	8.88%	46.16%	0.63%	10.31%	10.90%	46.09%	-4.74%	8.25%	14.96%	47.98%
EBIT Margin	3.12%	9.64%	46.53%	2.32%	11.05%	12.14%	46.49%	-2.51%	8.32%	15.92%	48.39%
Profit (Net Income) Margin	1.54%	5.52%	34.68%	3.28%	8.09%	10.43%	35.46%	-0.63%	6.00%	11.88%	36.37%
Tax Burden Percent	125.00%	73.68%	76.34%	-1,780.00%	91.29%	99.72%	77.77%	14.29%	92.49%	82.49%	76.55%
Interest Burden Percent	39.51%	77.82%	97.64%	-7.94%	80.24%	86.13%	98.08%	175.00%	78.02%	90.49%	98.19%
Effective Tax Rate	-25.00%	26.32%	23.67%	0.00%	8.71%	0.28%	22.23%	0.00%	7.51%	17.51%	23.45%
Return on Invested Capital (ROIC)	3.44%	4.35%	25.36%	0.32%	6.82%	7.82%	28.53%	-2.71%	6.14%	9.89%	33.29%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.86%	3.71%	23.88%	2.94%	5.79%	7.49%	27.01%	1.39%	4.39%	9.43%	28.83%
Return on Net Nonoperating Assets (RNNOA)	-0.09%	1.15%	3.15%	0.51%	1.34%	2.11%	2.51%	0.16%	0.77%	2.17%	0.92%
Return on Equity (ROE)	3.35%	5.50%	28.50%	0.83%	8.16%	9.93%	31.04%	-2.55%	6.91%	12.05%	34.21%
Cash Return on Invested Capital (CROIC)	-71.43%	8.52%	9.20%	14.44%	12.05%	11.40%	15.62%	11.96%	12.98%	12.56%	16.08%
Operating Return on Assets (OROA)	1.98%	4.93%	22.80%	1.20%	5.86%	6.44%	24.31%	-1.37%	4.47%	8.91%	25.82%
Return on Assets (ROA)	0.98%	2.83%	16.99%	1.70%	4.30%	5.53%	18.54%	-0.34%	3.23%	6.65%	19.41%
Return on Common Equity (ROCE)	3.35%	5.50%	28.50%	0.83%	8.16%	9.93%	31.04%	-2.55%	6.91%	12.05%	34.21%
Return on Equity Simple (ROE_SIMPLE)	11.69%	12.28%	12.73%	0.00%	15.21%	16.38%	16.38%	0.00%	16.10%	16.92%	17.23%
Net Operating Profit after Tax (NOPAT)	95	199	2,121	12	280	368	2,415	-106	251	489	2,848
NOPAT Margin	3.66%	6.54%	35.24%	0.44%	9.41%	10.87%	35.84%	-3.32%	7.63%	12.34%	36.72%
Net Nonoperating Expense Percent (NNEP)	4.30%	0.63%	1.48%	-2.62%	1.03%	0.32%	1.52%	-4.10%	1.74%	0.45%	4.46%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	1.61%	-	-	-	2.02%	10.73%
Cost of Revenue to Revenue	24.45%	24.07%	15.64%	24.78%	24.24%	24.19%	15.30%	23.46%	23.94%	22.71%	14.91%
SG&A Expenses to Revenue	11.71%	10.62%	5.52%	12.57%	11.48%	10.16%	5.27%	11.84%	12.00%	9.82%	5.08%
R&D to Revenue	24.07%	20.72%	10.04%	25.07%	22.83%	20.02%	9.96%	22.77%	21.44%	18.07%	9.12%
Operating Expenses to Revenue	72.62%	67.05%	38.20%	74.59%	65.45%	64.91%	38.61%	81.28%	67.80%	62.23%	37.10%
Earnings before Interest and Taxes (EBIT)	81	293	2,800	63	329	411	3,132	-80	273	631	3,752
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	290	502	2,993	258	520	603	3,330	128	474	830	3,953
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.41	7.42	7.03	8.25	8.12	10.39	9.33	9.82	9.43	9.38	8.72
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	199.11
Price to Revenue (P/Rev)	8.95	8.59	8.78	9.91	9.35	11.64	11.06	11.11	10.31	9.81	9.65
Price to Earnings (P/E)	63.43	60.44	55.20	59.75	53.34	63.41	56.94	61.07	58.60	55.46	50.58
Dividend Yield	0.67%	0.70%	0.69%	0.61%	0.66%	0.54%	0.56%	0.56%	0.61%	0.65%	0.64%
Earnings Yield	1.58%	1.65%	1.81%	1.67%	1.87%	1.58%	1.76%	1.64%	1.71%	1.80%	1.98%
Enterprise Value to Invested Capital (EV/IC)	6.09	5.91	6.34	7.38	6.90	8.48	8.85	9.02	8.35	7.95	8.68
Enterprise Value to Revenue (EV/Rev)	9.26	8.95	8.94	10.08	9.59	11.92	11.13	11.22	10.47	10.03	9.65
Enterprise Value to EBITDA (EV/EBITDA)	37.36	34.65	32.05	35.81	33.09	41.15	37.37	39.90	38.31	36.15	32.60
Enterprise Value to EBIT (EV/EBIT)	50.13	45.36	40.50	44.73	40.57	49.95	44.74	48.21	46.50	43.52	38.37
Enterprise Value to NOPAT (EV/NOPAT)	62.54	59.84	53.36	57.80	52.25	62.66	55.61	60.33	57.95	55.17	49.42
Enterprise Value to Operating Cash Flow (EV/OCF)	30.27	28.68	27.70	28.70	30.60	36.36	33.16	37.43	32.52	29.69	28.12
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	69.79	69.94	50.64	57.66	75.23	56.74	76.62	64.82	63.94	54.44
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.43	0.45	0.38	0.35	0.35	0.35	0.32	0.33	0.34	0.35	0.32
Long-Term Debt to Equity	0.40	0.42	0.35	0.35	0.35	0.35	0.32	0.30	0.31	0.32	0.29
Financial Leverage	0.10	0.31	0.13	0.17	0.23	0.28	0.09	0.12	0.18	0.23	0.03
Leverage Ratio	1.63	1.70	1.66	1.65	1.68	1.74	1.66	1.68	1.76	1.76	1.75
Compound Leverage Factor	0.64	1.32	1.62	-0.13	1.35	1.50	1.63	2.94	1.37	1.59	1.72
Debt to Total Capital	30.30%	30.88%	27.31%	26.17%	25.71%	26.03%	24.09%	24.67%	25.24%	25.86%	24.15%
Short-Term Debt to Total Capital	2.16%	2.19%	2.07%	0.00%	0.00%	0.00%	0.00%	2.04%	2.06%	2.07%	1.88%
Long-Term Debt to Total Capital	28.14%	28.69%	25.24%	26.17%	25.71%	26.03%	24.09%	22.63%	23.19%	23.79%	22.26%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	69.70%	69.12%	72.69%	73.83%	74.30%	73.97%	75.91%	75.33%	74.76%	74.14%	75.85%
Debt to EBITDA	2.12	2.00	1.68	1.51	1.38	1.36	1.26	1.32	1.35	1.31	1.19
Net Debt to EBITDA	1.26	1.39	0.57	0.58	0.82	0.99	0.24	0.40	0.59	0.78	0.03
Long-Term Debt to EBITDA	1.97	1.86	1.56	1.51	1.38	1.36	1.26	1.21	1.24	1.21	1.10
Debt to NOPAT	3.54	3.46	2.80	2.44	2.17	2.07	1.88	1.99	2.04	2.01	1.80
Net Debt to NOPAT	2.11	2.39	0.95	0.94	1.29	1.51	0.36	0.61	0.89	1.19	0.04
Long-Term Debt to NOPAT	3.29	3.21	2.59	2.44	2.17	2.07	1.88	1.83	1.88	1.85	1.66
Altman Z-Score	7.74	7.48	8.18	9.49	8.54	9.56	9.91	9.25	8.13	8.79	8.12
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.37	1.23	1.51	1.47	1.25	1.17	1.50	1.29	1.24	1.27	1.45
Quick Ratio	1.11	1.02	1.29	1.25	0.66	0.55	1.00	0.71	0.54	0.68	0.85
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-12,005	-93	1,562	366	26	-112	2,352	-750	-67	61	2,521
Operating Cash Flow to CapEx	425.97%	516.36%	4,081.82%	2,105.00%	-115.48%	973.02%	6,477.05%	992.86%	1,096.97%	3,448.39%	12,557.14%
Free Cash Flow to Firm to Interest Expense	-245.00	-1.43	23.66	5.38	0.40	-1.97	39.19	-12.50	-1.12	1.02	37.07
Operating Cash Flow to Interest Expense	6.69	4.37	54.42	12.38	-1.49	10.75	65.85	6.95	6.03	17.82	64.63
Operating Cash Flow Less CapEx to Interest Expense	5.12	3.52	53.09	11.79	-2.78	9.65	64.83	6.25	5.48	17.30	64.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.63	0.51	0.49	0.52	0.53	0.53	0.52	0.54	0.54	0.56	0.53
Accounts Receivable Turnover	33.50	15.27	19.34	33.77	39.02	16.49	20.99	37.78	41.58	17.65	24.02
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	15.53	15.53	15.67	15.47	15.21	15.25	16.05	16.47	16.42	16.82	18.12
Accounts Payable Turnover	4.16	3.20	3.15	4.33	4.72	3.94	3.59	4.88	5.28	3.79	3.80
Days Sales Outstanding (DSO)	10.90	23.90	18.87	10.81	9.35	22.14	17.39	9.66	8.78	20.68	15.20
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	87.71	114.16	115.92	84.21	77.36	92.58	101.66	74.73	69.16	96.26	96.00
Cash Conversion Cycle (CCC)	-76.81	-90.26	-97.04	-73.40	-68.00	-70.44	-84.27	-65.07	-60.38	-75.58	-80.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	20,230	20,740	19,832	19,622	20,484	21,220	19,895	20,266	20,802	21,648	20,222
Invested Capital Turnover	0.94	0.66	0.72	0.73	0.72	0.72	0.80	0.82	0.80	0.80	0.91
Increase / (Decrease) in Invested Capital	12,100	292	559	-354	254	480	63	644	318	428	327
Enterprise Value (EV)	123,278	122,510	125,826	144,799	141,391	179,987	176,063	182,798	173,738	172,157	175,561
Market Capitalization	119,115	117,612	123,586	142,446	137,890	175,654	174,918	180,965	171,062	168,444	175,417
Book Value per Share	$57.00	$56.39	$62.71	$61.66	$60.63	$60.40	$66.99	$65.95	$64.70	$64.10	$71.99
Tangible Book Value per Share	($16.19)	($16.64)	($9.86)	($10.46)	($10.86)	($10.63)	($3.47)	($4.39)	($4.89)	($4.99)	$3.15
Total Capital	23,052	22,919	24,202	23,389	22,871	22,858	24,709	24,474	24,260	24,209	26,531
Total Debt	6,985	7,077	6,610	6,120	5,879	5,950	5,952	6,038	6,124	6,260	6,406
Total Long-Term Debt	6,486	6,576	6,109	6,120	5,879	5,950	5,952	5,539	5,625	5,760	5,906
Net Debt	4,163	4,898	2,240	2,353	3,501	4,333	1,145	1,833	2,676	3,713	144
Capital Expenditures (CapEx)	77	55	88	40	84	63	61	42	33	31	35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-996	-676	-1,533	-1,895	-1,036	-405	-1,605	-1,388	-752	-3.00	-1,363
Debt-free Net Working Capital (DFNWC)	1,728	1,395	2,735	1,767	1,235	1,084	3,073	2,686	2,606	2,456	4,811
Net Working Capital (NWC)	1,229	894	2,234	1,767	1,235	1,084	3,073	2,187	2,107	1,956	4,311
Net Nonoperating Expense (NNE)	55	31	34	-77	39	15	26	-86	54	18	28
Net Nonoperating Obligations (NNO)	4,163	4,898	2,240	2,353	3,492	4,312	1,138	1,830	2,666	3,699	97
Total Depreciation and Amortization (D&A)	209	209	193	195	191	192	198	208	201	199	201
Debt-free, Cash-free Net Working Capital to Revenue	-7.48%	-4.94%	-10.90%	-13.19%	-7.02%	-2.68%	-10.15%	-8.52%	-4.53%	-0.02%	-7.50%
Debt-free Net Working Capital to Revenue	12.98%	10.19%	19.44%	12.30%	8.37%	7.18%	19.43%	16.49%	15.71%	14.31%	26.46%
Net Working Capital to Revenue	9.23%	6.53%	15.88%	12.30%	8.37%	7.18%	19.43%	13.43%	12.70%	11.39%	23.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.14	$0.60	$7.44	$0.31	$0.86	$1.26	$8.53	($0.07)	$0.70	$1.68	$10.09
Adjusted Weighted Average Basic Shares Outstanding	281M	281M	281M	281M	280M	280M	280M	280M	280M	280M	280M
Adjusted Diluted Earnings per Share	$0.14	$0.60	$7.38	$0.30	$0.85	$1.25	$8.42	($0.09)	$0.70	$1.67	$10.02
Adjusted Weighted Average Diluted Shares Outstanding	284M	282M	283M	283M	283M	284M	284M	284M	283M	283M	282M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	280.93M	280.55M	280.06M	280.26M	279.94M	279.98M	279.55M	280.29M	280.04M	279.56M	278.95M
Normalized Net Operating Profit after Tax (NOPAT)	53	199	2,121	12	280	368	2,415	-106	259	489	2,848
Normalized NOPAT Margin	2.05%	6.54%	35.24%	0.44%	9.41%	10.87%	35.84%	-3.32%	7.89%	12.34%	36.72%
Pre Tax Income Margin	1.23%	7.50%	45.43%	-0.18%	8.87%	10.45%	45.60%	-4.40%	6.49%	14.41%	47.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.65	4.51	42.42	0.93	5.06	7.21	52.20	-1.33	4.55	10.52	55.18
NOPAT to Interest Expense	1.94	3.06	32.13	0.18	4.31	6.46	40.24	-1.76	4.18	8.15	41.88
EBIT Less CapEx to Interest Expense	0.08	3.66	41.09	0.34	3.77	6.11	51.18	-2.03	4.00	10.00	54.66
NOPAT Less CapEx to Interest Expense	0.37	2.21	30.80	-0.41	3.02	5.35	39.23	-2.46	3.63	7.64	41.36
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	42.92%	42.91%	38.45%	37.29%	35.86%	34.62%	32.39%	34.90%	36.66%	36.68%	33.13%
Augmented Payout Ratio	151.33%	145.89%	128.63%	119.80%	114.82%	109.89%	103.32%	101.99%	103.84%	106.72%	99.65%

Key Financial Trends

Intuit Inc. (NASDAQ: INTU) has demonstrated solid financial performance with notable growth in revenue, profitability, and cash flows over the last four years through Q3 2025. Below is a summary of the key financial trends and observations from the company's income statements, cash flow statements, and balance sheets, highlighting both positive and negative factors that may impact investors' views.

Strong Revenue Growth: Intuit’s operating revenue increased significantly from around $2.59 billion in Q1 2023 to $7.75 billion in Q3 2025, demonstrating robust growth in top-line sales.
Improved Profitability: Net income rose sharply from $40 million in Q1 2023 to $2.82 billion in Q3 2025, reflecting enhanced operational efficiency and scale.
Consistent Gross Profit Margins: Despite rising revenues, Intuit has maintained healthy gross profit margins, with gross profit increasing proportionally, indicating effective cost control.
Strong Operating Cash Flow: Net cash from operating activities grew from a modest $328 million in Q1 2023 to $4.4 billion by Q3 2025, showcasing strong cash generation capabilities to fund operations and investments.
Healthy Cash and Equivalents Position: Cash and equivalents increased from near $2.1 billion in Q1 2023 to $5.44 billion in Q3 2025, providing liquidity for business needs and strategic flexibility.
Active Capital Allocation: The company is actively repurchasing common equity, spending $752 million in Q3 2025 alone, indicating confidence in the business and returning value to shareholders.
Growing Retained Earnings: Retained earnings rose from approximately $13.4 billion in early 2023 to almost $20 billion by Q3 2025, signaling accumulated profitability and reinvestment potential.
Moderate Debt Levels: Total liabilities increased moderately, with long-term debt around $5.9 billion in Q3 2025, which is balanced relative to total equity of $20.1 billion.
Stable Share Count: The weighted average diluted shares outstanding remained relatively steady near 280 million, reducing dilution concerns.
Rising Operating Expenses: Selling, general & administrative, marketing, and R&D expenses have increased as the company scales, which could pressure operating margins if revenue growth slows.

Summary: Overall, Intuit has exhibited strong growth in revenues, profits, and cash flows while maintaining a solid balance sheet with ample liquidity. Active share repurchases and steady earnings growth demonstrate management’s commitment to shareholder value. Rising expenses should be monitored, but currently align with the company’s investment in growth. These financial trends suggest a healthy business with a positive outlook for investors.

08/23/25 07:46 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Intuit's Financials

When does Intuit's fiscal year end?

According to the most recent income statement we have on file, Intuit's financial year ends in July. Their financial year 2024 ended on July 31, 2024.

How has Intuit's net income changed over the last 10 years?

Intuit's net income appears to be on an upward trend, with a most recent value of $2.96 billion in 2024, rising from $907 million in 2014. The previous period was $2.38 billion in 2023. See Intuit's forecast for analyst expectations on what’s next for the company.

What is Intuit's operating income?

Intuit's total operating income in 2024 was $3.63 billion, based on the following breakdown:

Total Gross Profit: $12.97 billion
Total Operating Expenses: $9.34 billion

How has Intuit's revenue changed over the last 10 years?

Over the last 10 years, Intuit's total revenue changed from $4.24 billion in 2014 to $16.29 billion in 2024, a change of 283.8%.

How much debt does Intuit have?

Intuit's total liabilities were at $13.70 billion at the end of 2024, a 30.3% increase from 2023, and a 545.1% increase since 2014.

How much cash does Intuit have?

In the past 10 years, Intuit's cash and equivalents has ranged from $529 million in 2017 to $6.44 billion in 2020, and is currently $3.61 billion as of their latest financial filing in 2024.

How has Intuit's book value per share changed over the last 10 years?

Over the last 10 years, Intuit's book value per share changed from 10.84 in 2014 to 65.95 in 2024, a change of 508.3%.

Related Companies

This page (NASDAQ:INTU) was last updated on 8/23/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Intuit (INTU) Financials

Key Financial Trends

Frequently Asked Questions About Intuit's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Intuit (INTU) Financials

Annual Income Statements for Intuit

Quarterly Income Statements for Intuit

Annual Cash Flow Statements for Intuit

Quarterly Cash Flow Statements for Intuit

Annual Balance Sheets for Intuit

Quarterly Balance Sheets for Intuit

Annual Metrics And Ratios for Intuit

Quarterly Metrics And Ratios for Intuit

Key Financial Trends

Frequently Asked Questions About Intuit's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools