Intuit Inc (INTU)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,630,000 | 3,798,000 | 3,471,000 | 3,372,000 | 3,141,000 | 3,049,000 | 2,666,000 | 2,452,000 | 2,571,000 | 3,048,000 | 2,567,000 | 2,486,000 | 2,500,000 | 2,581,000 | 2,080,000 | 2,375,000 | 2,176,000 | 1,540,000 | 1,911,000 | 1,874,000 |
| 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 |
| Operating profit margin | 22.29% | 24.02% | 23.01% | 22.89% | 21.86% | 21.88% | 19.61% | 18.47% | 20.20% | 23.72% | 22.51% | 24.09% | 25.95% | 29.07% | 26.98% | 30.32% | 28.34% | 22.46% | 26.81% | 27.03% |
July 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,630,000K ÷ $16,285,000K
= 22.29%
The operating profit margin of Intuit Inc has shown a fluctuating trend over the past several quarters. In the most recent quarter ending July 31, 2024, the operating profit margin was 22.29%, a slight decrease from the previous quarter. Despite this slight decline, the company has maintained a relatively stable operating profit margin range between 21% to 24% in the last few quarters.
Compared to the same quarter last year, the operating profit margin has decreased, indicating potential challenges or increased costs affecting the company's profitability. However, it is important to note that the operating profit margin has shown resilience and remained above 20% in most quarters, indicating that Intuit Inc has been able to effectively manage its operating expenses relative to its revenue generation.
Further analysis of the company's cost structure and revenue streams may help determine the factors influencing the changes in the operating profit margin and identify areas for improvement to enhance profitability in the future.
Peer comparison
Jul 31, 2024