Intuit Inc (INTU)
Pretax margin
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,834,000 | 4,328,000 | 3,716,000 | 3,499,000 | 3,550,000 | 3,685,000 | 3,347,000 | 3,221,000 | 2,989,000 | 2,895,000 | 2,534,000 | 2,336,000 | 2,542,000 | 3,044,000 | 2,592,000 | 2,584,000 | 2,556,000 | 2,639,000 | 2,126,000 | 2,386,000 |
| Revenue (ttm) | US$ in thousands | 18,831,000 | 18,184,000 | 17,167,000 | 16,590,000 | 16,285,000 | 15,813,000 | 15,094,000 | 14,749,000 | 14,368,000 | 14,070,000 | 13,684,000 | 13,316,000 | 12,726,000 | 12,873,000 | 11,414,000 | 10,317,000 | 9,633,000 | 8,888,000 | 7,717,000 | 7,837,000 |
| Pretax margin | 25.67% | 23.80% | 21.65% | 21.09% | 21.80% | 23.30% | 22.17% | 21.84% | 20.80% | 20.58% | 18.52% | 17.54% | 19.97% | 23.65% | 22.71% | 25.05% | 26.53% | 29.69% | 27.55% | 30.45% |
July 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,834,000K ÷ $18,831,000K
= 25.67%
The pretax margin of Intuit Inc. has exhibited notable fluctuations over the analyzed period from October 2020 to July 2025. Initially, the pretax margin was relatively high at 30.45% as of October 2020. Throughout the subsequent periods, there was a declining trend, with the margin decreasing to a low of approximately 17.54% in October 2022. This decline may reflect increased costs, competitive pressures, or strategic shifts impacting profitability before taxes.
Following this trough, the margin exhibited signs of recovery, gradually rising to 20.58% by April 2023 and reaching 21.84% in October 2023. This upward movement suggests an improvement in operating efficiency or revenue growth outpacing costs during this phase. The trend was sustained into early 2024, with the pretax margin reaching approximately 22.17% in January 2024 and 23.30% by April 2024.
However, in the subsequent periods, the margin demonstrated variability, falling slightly to around 21.80% in July 2024 and decreasing marginally to 21.09% in October 2024. Nonetheless, the margin continued its upward trajectory into 2025, reaching 21.65% in January 2025 and peaking at 25.67% in July 2025. Overall, the pretax margin depicts a pattern of decline followed by a recovery and gradual increase, indicating evolving profitability dynamics and potential operational improvements over this timeframe.
Peer comparison
Jul 31, 2025