Intuit Inc (INTU)

Return on assets (ROA)

		Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Net income	US$ in thousands	3,869,000	2,963,000	2,384,000	2,066,000	2,062,000
Total assets	US$ in thousands	36,958,000	32,132,000	27,780,000	27,734,000	15,516,000
ROA		10.47%	9.22%	8.58%	7.45%	13.29%

July 31, 2025 calculation

ROA = Net income ÷ Total assets
= $3,869,000K ÷ $36,958,000K
= 10.47%

The analysis of Intuit Inc.'s return on assets (ROA) over the specified period demonstrates notable fluctuations and trends. As of July 31, 2021, the ROA was 13.29%, indicating a relatively high level of efficiency in generating profit from the company's assets at that time. However, by July 31, 2022, the ROA declined significantly to 7.45%, reflecting a reduction in asset efficiency or profitability relative to prior performance.

Following this decline, subsequent years show a gradual improvement in ROA figures. As of July 31, 2023, the ROA increased to 8.58%, signifying a partial recovery in asset utilization efficiency. This upward movement continued into July 31, 2024, with the ROA rising further to 9.22%. The most recent data available for July 31, 2025, indicates a sustained positive trend, with the ROA reaching 10.47%.

Overall, after a sharp decrease in 2022, Intuit Inc. has exhibited a trend of steady recovery and improvement in its return on assets over the subsequent years. This suggests enhancements in profitability relative to the company's asset base, though the ROA remains below the peak level observed in 2021. The observed trend reflects an ongoing effort to optimize asset utilization and generate higher returns on investments held by the company.