Intuit Inc (INTU)
Pretax margin
| Jul 31, 2025 | Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,834,000 | 3,550,000 | 2,989,000 | 2,542,000 | 2,556,000 |
| Revenue | US$ in thousands | 18,831,000 | 16,285,000 | 14,368,000 | 12,726,000 | 9,633,000 |
| Pretax margin | 25.67% | 21.80% | 20.80% | 19.97% | 26.53% |
July 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $4,834,000K ÷ $18,831,000K
= 25.67%
The pretax margin of Intuit Inc. has demonstrated variability over the analyzed period from July 31, 2021, to July 31, 2025. In fiscal year 2021, the pretax margin was recorded at 26.53%, representing the highest point within this timeframe. Subsequently, there was a decline in fiscal year 2022, with the margin decreasing to 19.97%. This decline indicates a reduction in profitability before taxes, potentially attributable to increased expenses, changes in revenue composition, or other operational factors during that period.
In fiscal year 2023, the pretax margin improved modestly to 20.80%, signaling a partial recovery or stabilization after the decline in 2022. The margin continued to trend upward in fiscal year 2024, reaching 21.80%, approaching the levels observed in 2021, thus suggesting improved operational efficiency or revenue growth relative to pretax expenses.
The most recent data for fiscal year 2025 shows a significant increase in the pretax margin, reaching 25.67%. This indicates a notable enhancement in profitability before taxes, approaching the peak seen in 2021. The upward trend in 2024 and 2025 could reflect successful cost management, revenue expansion, or other strategic measures that have positively impacted the company's pretax profitability over this period. Overall, while the pretax margin experienced fluctuations, recent years have demonstrated a recovery towards higher profitability levels.
Peer comparison
Jul 31, 2025