Intuit Financials

INTU Stock  USD 648.74  8.69  1.36%   
Based on the key indicators related to Intuit's liquidity, profitability, solvency, and operating efficiency, Intuit Inc is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in April. At this time, Intuit's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 503.5 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (47 M). Key indicators impacting Intuit's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0960.15
Way Down
Very volatile
Return On Assets0.06850.0772
Fairly Down
Slightly volatile
Return On Equity0.150.12
Fairly Up
Pretty Stable
Debt Equity Ratio0.210.42
Way Down
Pretty Stable
Operating Income3.8 B3.6 B
Sufficiently Up
Slightly volatile
Current Ratio2.061.69
Fairly Up
Very volatile
The financial analysis of Intuit is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Intuit includes many different criteria found on its balance sheet. For example, investors should never minimize Intuit's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Intuit's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Intuit.

Net Income

2.88 Billion

With this module, you can analyze Intuit financials for your investing period. You should be able to track the changes in Intuit individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Intuit Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Intuit's financial statements are interrelated, with each one affecting the others. For example, an increase in Intuit's assets may result in an increase in income on the income statement.
Evaluating Intuit's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Intuit's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Intuit's relative financial performance

Chance Of Distress

Less than 3

 
100  
 
Zero
Very Low
Intuit Inc has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Intuit stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Intuit's odds of distress score SHOULD NOT be confused with the real chance of Intuit Inc filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Intuit is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Intuit's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Intuit's official financial statements usually reflect Intuit's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Intuit Inc. For example, before you start analyzing numbers published by Intuit accountants, it's critical to develop an understanding of what Intuit's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Intuit's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Intuit's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Intuit's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Intuit Inc. Please utilize our Beneish M Score to check the likelihood of Intuit's management manipulating its earnings.

Intuit Company Summary

Intuit competes with Kingsoft Cloud, C3 Ai, Eventbrite, and Daily Journal. Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company was founded in 1983 and is headquartered in Mountain View, California. Intuit operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 17300 people.
Foreign Associate
  Mexico
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000896878
ISINUS4612021034
CUSIP461202103
RegionNorth America
LocationCalifornia; U.S.A
Business Address2700 Coast Avenue,
SectorSoftware
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.intuit.com
Phone650 944 6000
CurrencyUSD - US Dollar
You should never invest in Intuit without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Intuit Stock, because this is throwing your money away. Analyzing the key information contained in Intuit's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Intuit Key Financial Ratios

Generally speaking, Intuit's financial ratios allow both analysts and investors to convert raw data from Intuit's financial statements into concise, actionable information that can be used to evaluate the performance of Intuit over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Intuit Inc reports annually and quarterly.

Intuit Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets10.9B15.5B27.7B27.8B31.9B33.5B
Other Current Liab779M825M1.2B448M515.2M502.7M
Net Debt(2.9B)(148M)4.7B3.8B4.3B4.5B
Retained Earnings10.9B12.3B13.6B15.1B17.3B18.2B
Accounts Payable305M623M737M638M733.7M770.4M
Cash6.4B2.6B2.8B2.8B3.3B3.4B
Net Receivables161M514M1.0B1.1B1.3B1.4B
Other Current Assets1.4B2.2B718M354M407.1M583.1M
Total Liab5.8B5.6B11.3B10.5B12.1B12.7B
Total Current Assets8.0B5.2B5.0B5.6B6.4B6.7B
Intangible Assets28M3.3B7.1B6.4B7.4B7.8B
Good Will1.7B5.6B13.7B13.8B15.8B16.6B
Other Assets290M291M355M481M553.2M280.6M
Long Term Debt2.0B2.0B6.4B6.1B7.0B7.4B
Short Term Debt1.3B66M499M1.4B1.6B1.6B
Other Liab44M578M706M121M139.2M218.2M
Net Tangible Assets3.4B1.0B(4.4B)(2.9B)(2.6B)(2.5B)

Intuit Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Intuit's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense14M29M81M248M223.2M234.4M
Total Revenue7.7B9.6B12.7B14.4B16.5B17.3B
Gross Profit6.3B8.0B10.3B11.2B12.9B13.6B
Operating Income2.2B2.5B2.6B3.1B3.6B3.8B
Ebit2.2B2.5B2.6B3.2B3.7B3.9B
Ebitda2.4B2.9B3.4B4.0B4.6B4.9B
Cost Of Revenue1.4B1.7B2.4B3.1B3.6B3.8B
Income Before Tax2.2B2.6B2.5B3.0B3.4B3.6B
Net Income1.8B2.1B2.1B2.4B2.7B2.9B
Income Tax Expense372M494M476M605M695.8M730.5M
Research Development1.4B1.7B2.3B2.5B2.9B3.1B
Tax Provision372M494M476M605M695.8M446.7M
Interest Income39M85M52M96M110.4M115.9M
Net Interest Income25M56M(29M)(152M)(136.8M)(130.0M)

Intuit Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Intuit Inc. It measures of how well Intuit is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Intuit brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Intuit had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Intuit has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(23M)20M(65M)457M525.6M551.8M
Change In Cash4.3B(3.9B)178M(145M)(166.8M)(158.4M)
Free Cash Flow2.3B3.1B3.7B4.8B5.5B5.8B
Depreciation218M363M746M806M926.9M973.2M
Other Non Cash Items15M(18M)125M171M196.7M206.5M
Capital Expenditures137M125M229M260M299M183.6M
Net Income1.8B2.1B2.1B2.4B2.7B2.9B
End Period Cash Flow6.7B2.8B3.0B2.9B3.3B3.4B
Dividends Paid561M646M774M889M1.0B1.1B
Change To Netincome238M836M1.5B2.1B2.4B2.5B
Investments(97M)(710M)(5.4B)(922M)(829.8M)(871.3M)
Net Borrowings2.9B(1.3B)4.9B(810M)(931.5M)(884.9M)

Intuit Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Intuit's current stock value. Our valuation model uses many indicators to compare Intuit value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Intuit competition to find correlations between indicators driving Intuit's intrinsic value. More Info.
Intuit Inc is rated fourth overall in cash and equivalents category among related companies. It is rated fourth overall in current asset category among related companies fabricating about  0.49  of Current Asset per Cash And Equivalents. The ratio of Cash And Equivalents to Current Asset for Intuit Inc is roughly  2.03 . Non Current Assets Total is likely to gain to about 26.8 B in 2024. Other Current Assets is likely to gain to about 583.1 M in 2024. Comparative valuation analysis is a catch-all model that can be used if you cannot value Intuit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Intuit's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Intuit's earnings, one of the primary drivers of an investment's value.

Intuit Inc Systematic Risk

Intuit's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Intuit volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Intuit Inc correlated with the market. If Beta is less than 0 Intuit generally moves in the opposite direction as compared to the market. If Intuit Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Intuit Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Intuit is generally in the same direction as the market. If Beta > 1 Intuit moves generally in the same direction as, but more than the movement of the benchmark.

About Intuit Financials

What exactly are Intuit Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Intuit's income statement, its balance sheet, and the statement of cash flows. Potential Intuit investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Intuit investors may use each financial statement separately, they are all related. The changes in Intuit's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Intuit's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Intuit Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Intuit is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Intuit has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Intuit's financials are consistent with your investment objective using the following steps:
  • Review Intuit's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Intuit's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Intuit's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Intuit's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Intuit Thematic Clasifications

Intuit Inc is part of Technology investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics
TechnologyView
This theme covers Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. Get More Thematic Ideas
Today, most investors in Intuit Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Intuit's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Intuit growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.82

At this time, Intuit's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Intuit March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Intuit help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Intuit Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Intuit Inc based on widely used predictive technical indicators. In general, we focus on analyzing Intuit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Intuit's daily price indicators and compare them against related drivers.
When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Intuit Stock analysis

When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Intuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuit. If investors know Intuit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
3.36
Earnings Share
9.8
Revenue Per Share
53.811
Quarterly Revenue Growth
0.41
The market value of Intuit Inc is measured differently than its book value, which is the value of Intuit that is recorded on the company's balance sheet. Investors also form their own opinion of Intuit's value that differs from its market value or its book value, called intrinsic value, which is Intuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuit's market value can be influenced by many factors that don't directly affect Intuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.