GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (NAS:INTU) » Definitions » Net Margin %

Intuit (Intuit) Net Margin %

: 10.43% (As of Jan. 2024)
View and export this data going back to 1993. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Intuit's Net Income for the three months ended in Jan. 2024 was $353 Mil. Intuit's Revenue for the three months ended in Jan. 2024 was $3,386 Mil. Therefore, Intuit's net margin for the quarter that ended in Jan. 2024 was 10.43%.

The historical rank and industry rank for Intuit's Net Margin % or its related term are showing as below:

INTU' s Net Margin % Range Over the Past 10 Years
Min: 8.71   Med: 21.12   Max: 23.78
Current: 18.35


INTU's Net Margin % is ranked better than
89.54% of 2762 companies
in the Software industry
Industry Median: 1.72 vs INTU: 18.35

Intuit Net Margin % Historical Data

The historical data trend for Intuit's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.95 23.78 21.41 16.23 16.59

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.52 34.68 3.28 8.09 10.43

Competitive Comparison

For the Software - Application subindustry, Intuit's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuit Net Margin % Distribution

For the Software industry and Technology sector, Intuit's Net Margin % distribution charts can be found below:

* The bar in red indicates where Intuit's Net Margin % falls into.



Intuit Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Intuit's Net Margin for the fiscal year that ended in Jul. 2023 is calculated as

Net Margin=Net Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=2384/14368
=16.59 %

Intuit's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=353/3386
=10.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intuit  (NAS:INTU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Intuit Net Margin % Related Terms

Thank you for viewing the detailed overview of Intuit's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuit (Intuit) Business Description

Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.
Executives
Alex G. Balazs officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Laura A Fennell officer: VP, General Counsel, Corp. Sec C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Sasan K Goodarzi officer: Senior Vice President C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sandeep Aujla officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Mark P. Notarainni officer: EVP, Consumer Group C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Lauren D Hotz officer: VP, Chief Accounting Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
James Alexander Chriss officer: EVP and GM SBSEG C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean officer: SVP, General Counsel C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Eve B Burton director 770 BROADWAY, NEW YORK NY 10003
Varun Krishna officer: EVP, Consumer Group 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043

Intuit (Intuit) Headlines

From GuruFocus

Q1 2023 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intuit Inc Investor Day (Virtual) Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intuit Inc Annual Investor Day Transcript

By GuruFocus Research 01-23-2024

Q3 2022 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intuit Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q4 2023 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intuit Inc at Citi BioPharma Conference Transcript

By GuruFocus Research 01-23-2024