Intuit Inc (INTU)
Profitability ratios
Return on sales
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 59.58% | 60.27% | 56.45% | 60.32% | 63.94% |
| Operating profit margin | 22.29% | 21.86% | 20.20% | 25.95% | 28.34% |
| Pretax margin | 21.80% | 20.80% | 19.97% | 26.53% | 28.62% |
| Net profit margin | 18.19% | 16.59% | 16.23% | 21.41% | 23.78% |
Intuit Inc's profitability ratios have shown some fluctuations over the past five years. The gross profit margin, which indicates the profitability of core operations, has ranged between 56.45% to 63.94%. There has been a slight decline in recent years, with the margin at 59.58% in 2024.
The operating profit margin, a measure of operating efficiency, has also displayed variability, ranging from 20.20% to 28.34%. In 2024, the operating profit margin stands at 22.29%, reflecting the company's ability to generate profits from its core business activities.
The pretax margin, representing the company's profitability before taxes, has fluctuated between 19.97% to 28.62%. In 2024, the pretax margin stands at 21.80%, signaling Intuit's ability to manage expenses and generate profits before tax obligations.
The net profit margin, which reflects the company's overall profitability after all expenses have been deducted, has ranged from 16.23% to 23.78%. In 2024, the net profit margin is at 18.19%, indicating Intuit's ability to maintain a healthy level of profitability after all costs have been accounted for.
Overall, while there have been fluctuations in Intuit Inc's profitability ratios over the years, the company has generally maintained solid profitability levels, albeit with some recent moderation in margins.
Return on investment
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.30% | 11.31% | 9.27% | 16.11% | 19.91% |
| Return on assets (ROA) | 9.22% | 8.58% | 7.45% | 13.29% | 16.70% |
| Return on total capital | 15.14% | 13.43% | 11.25% | 21.00% | 30.49% |
| Return on equity (ROE) | 16.07% | 13.81% | 12.57% | 20.89% | 35.76% |
Intuit Inc's profitability ratios demonstrate varying levels of performance over the past five years.
- Operating return on assets (Operating ROA) has remained relatively stable, hovering around 11% over the last three years. This ratio indicates that the company is effectively generating operating profits relative to its assets.
- Return on assets (ROA) has shown a slight fluctuation, with a decrease from 13.29% in 2021 to 9.22% in 2024. This ratio reflects the company's ability to generate profits from its total assets, and the decline suggests a potential decrease in asset efficiency.
- Return on total capital has also exhibited fluctuation, with a notable decrease from 30.49% in 2020 to 15.14% in 2024. This ratio assesses the company's overall efficiency in generating profits from its capital investments.
- Return on equity (ROE) has shown a decreasing trend over the last five years, from 35.76% in 2020 to 16.07% in 2024. This ratio signifies the company's ability to generate profits for its shareholders relative to their equity investments.
Overall, while Intuit Inc has maintained stable operating profitability in terms of Operating ROA, there are indications of declining overall profitability and efficiency in generating returns on assets, total capital, and equity over the past five years. It may be essential for the company to assess its asset utilization, capital allocation, and operational efficiency to improve its profitability ratios in the future.