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Intuit (Intuit) EBIT

: $3,618 Mil (TTM As of Jan. 2024)
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Intuit's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $411 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $3,618 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Intuit's annualized ROC % for the quarter that ended in Jan. 2024 was 5.44%. Intuit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 110.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Intuit's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 2.05%.


Intuit EBIT Historical Data

The historical data trend for Intuit's EBIT 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
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,893.00 2,207.00 2,585.00 2,623.00 3,237.00

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT 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 296.00 2,799.00 65.00 343.00 411.00

Competitive Comparison

For the Software - Application subindustry, Intuit's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Software industry and Technology sector, Intuit's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Intuit's EV-to-EBIT falls into.



Intuit EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,618 Mil.

* 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) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Intuit's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=1476 * ( 1 - 0.28% )/( (26401 + 27673)/ 2 )
=1471.8672/27037
=5.44 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Intuit's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1644/( ( (1470 + max(-1627, 0)) + (1493 + max(-1472, 0)) )/ 2 )
=1644/( ( 1470 + 1493 )/ 2 )
=1644/1481.5
=110.97 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(372 + 0 + 2913) - (852 + 3460 + 600)
=-1627

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(928 + 0 + 3735) - (931 + 4462 + 742)
=-1472

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Intuit's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=3618/176700.923
=2.05 %

* 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 EBIT Related Terms

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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

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