Intuit Inc (INTU)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 2,198,000 | 1,575,000 | 1,964,000 | 1,917,000 |
| 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 |
| Pretax margin | 21.80% | 23.31% | 22.19% | 21.86% | 20.80% | 20.78% | 18.64% | 17.60% | 19.97% | 23.69% | 22.73% | 25.04% | 26.53% | 29.73% | 27.57% | 30.46% | 28.62% | 22.97% | 27.56% | 27.65% |
July 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,550,000K ÷ $16,285,000K
= 21.80%
The pretax margin of Intuit Inc has experienced fluctuations over the past several quarters. The pretax margin represents the percentage of each dollar of revenue that translates into pre-tax profit. Intuit Inc's pretax margin ranged from a low of 17.60% in October 2022 to a high of 30.46% in January 2021.
The pretax margin has generally been above 20%, indicating that Intuit Inc has been able to effectively control its operating expenses relative to its revenue. The company's ability to maintain a consistent pretax margin above 20% reflects its operational efficiency and profitability.
It is important to note that the pretax margin can be influenced by various factors such as changes in revenue, operating expenses, and tax rates. Overall, Intuit Inc's pretax margin performance indicates a solid financial management strategy and profitability levels over the analyzed periods.
Peer comparison
Jul 31, 2024