Intuit Inc (INTU)
Net profit margin
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,963,000 | 3,072,000 | 2,770,000 | 2,585,000 | 2,384,000 | 2,239,000 | 1,946,000 | 1,878,000 | 2,066,000 | 2,502,000 | 2,172,000 | 2,092,000 | 2,062,000 | 2,127,000 | 1,747,000 | 1,967,000 | 1,826,000 | 1,337,000 | 1,631,000 | 1,580,000 |
| Revenue (ttm) | US$ in thousands | 16,285,000 | 15,811,000 | 15,086,000 | 14,733,000 | 14,368,000 | 13,934,000 | 13,594,000 | 13,272,000 | 12,726,000 | 12,848,000 | 11,403,000 | 10,319,000 | 9,633,000 | 8,878,000 | 7,710,000 | 7,833,000 | 7,679,000 | 6,857,000 | 7,127,000 | 6,933,000 |
| Net profit margin | 18.19% | 19.43% | 18.36% | 17.55% | 16.59% | 16.07% | 14.32% | 14.15% | 16.23% | 19.47% | 19.05% | 20.27% | 21.41% | 23.96% | 22.66% | 25.11% | 23.78% | 19.50% | 22.88% | 22.79% |
July 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,963,000K ÷ $16,285,000K
= 18.19%
The net profit margin of Intuit Inc has shown fluctuations over the past few years, ranging from a low of 14.15% in October 2022 to a high of 25.11% in October 2020. Generally, the trend has been positive, with the net profit margin increasing from 19.50% in January 2020 to 18.19% in July 2024. This indicates that the company has effectively managed its costs relative to its revenue generation over the period. It is important to note that a higher net profit margin demonstrates the company's ability to generate profit from its operations, which is essential for sustained growth and financial health.
Peer comparison
Jul 31, 2024