Intuit (INTU)
Information Technology · $80.8B market cap · SEC CIK 0000896878
fundamentals score out of 100
Next reports on Nov 18, 2026, with analysts expecting $2.77 in earnings per share.
The case for INTU
- Generated $6.1B of free cash flow in FY2025, 33% of revenue.
- 21% of revenue drops through to net profit.
- Free cash flow of 7.6% of its market value a year: a lot of cash for the price.
- Revenue growing 13.9% year over year.
- Reasonably priced at 17.7× earnings.
- A PEG of 0.87: a P/E of 17.7× is low for EPS growing 20%.
The case against
- Down 55.8% over the past year.
- Near the bottom of its 52-week range, 59% below the high. Falling prices usually have a reason; find it first.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Information Technology companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 73 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 68 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 72 |
| Momentumhow the price has behaved lately | 30 |
| Stabilityhow violently it moves, what it owes and what it pays you | 62 |
- Each factor except momentum is half fixed thresholds, half rank among the 73 Information Technology companies.
Key numbers
| Price / earnings | 17.7× |
|---|---|
| Price / book | 4.55× |
| Price / sales | 3.8× |
| Revenue growth (YoY) | +13.9% |
| EPS growth (YoY) | +20.4% |
| Gross margin | 80% |
| Operating margin | 27% |
| Net margin | 21% |
| Return on equity | 23% |
| Debt / equity | 0.40× |
| Current ratio | 1.51 |
| Dividend yield | 0.64% |
| Beta | 0.93 |
| 52-week range | $252.84 – $705.08 |
| Position in that range | 9% of the way up |
| 3-month return | +13.9% |
| 1-year return | -55.8% |
Five years of financials, as filed
Pulled from Intuit's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $18.8B | $16.3B | $14.4B | $12.7B | $9.6B |
| Operating income | $4.9B | $3.6B | $3.1B | $2.6B | $2.5B |
| Net income | $3.9B | $3.0B | $2.4B | $2.1B | $2.1B |
| Operating cash flow | $6.2B | $4.9B | $5.0B | $3.9B | $3.3B |
| Capital expenditure | $84.0M | $191M | $210M | $157M | $53.0M |
| Total assets | $34.3B | $31.7B | $29.7B | $27.2B | $26.3B |
| Total liabilities | $15.2B | $13.7B | $12.8B | $11.4B | $10.7B |
| Shareholder equity | $19.1B | $17.9B | $16.9B | $15.8B | $15.6B |
| Cash | $2.9B | $2.4B | $1.5B | $1.5B | $1.3B |
| Long-term debt | $5.4B | $5.8B | $6.0B | $6.6B | $6.7B |
| Free cash flow | $6.1B | $4.7B | $4.8B | $3.7B | $3.2B |
| Operating margin | 26.1% | 22.3% | 21.9% | 20.2% | 26.0% |
| Net margin | 20.5% | 18.2% | 16.6% | 16.2% | 21.4% |
| Diluted shares | 283M | 284M | 283M | 284M | 273M |
Share count is up 3.7% over 4 years. Mild issuance.
What Intuit says it does
BACKGROUND Overview and Mission Intuit is a global financial technology platform with a mission to power prosperity around the world. Serving approximately 93 million consumers, small and mid-market businesses, and accountants worldwide, Intuit’s platform brings the power of artificial intelligence (AI) and human intelligence together to fuel customers’ success. With TurboTax, Credit Karma, QuickBooks, Mailchimp, Intuit Enterprise Suite, and Intuit Accountant Suite, we help put more money in customers’ pockets, save them time by eliminating work, and help ensure that they have complete confidence in every financial decision they make. Our strategy is to be an AI-driven expert platform that brings together data, AI, and human tax and financial experts into a single system of intelligence that does the work for customers. We are creating done-for-you experiences by automating everyday tasks, managing complex workflows and processes, and…
Risk factors INTU lists in its 10-K
- We face intense competitive pressures that may harm our operating results
- Future revenue growth depends upon our ability to adapt to technological change and successfully extend our platform, introduce new and enhanced products, features, services and business models
- We rely on intellectual property in our products and services
- Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products, services and brand
- Our business depends on our strong reputation and the value of our brands
- Our efforts related to sustainability matters expose us to risks that could adversely affect our reputation and performance
- Our acquisition and divestiture activities may disrupt our ongoing business, may involve increased expenses and may present risks not contemplated at the time of the transactions
- Security incidents, improper access to or disclosure of our data or customers’ data, or other cyberattacks on our systems could harm our reputation, business, and financial condition
- A cybersecurity incident affecting the third parties we rely on could expose us or our customers to a risk of loss or misuse of confidential information and significantly damage our reputation
- Concerns about the broader cybersecurity environment could deter current and potential customers from adopting our products and services and damage our reputation
- If we fail to process transactions effectively or fail to adequately protect against disputed or potential fraudulent activities, our business may be harmed
- Business interruption or failure of our information technology and communication systems may impair the availability of our products and services, which may damage our reputation and harm our future financial results
- If we are unable to develop, manage and maintain critical third-party business relationships, our business may be adversely affected
- Competition for our key employees is intense and we may not be able to attract, retain and develop the highly skilled employees we need to support our strategic objectives