Intuit Inc (INTU)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,869,000 | 3,468,000 | 3,037,000 | 2,919,000 | 2,963,000 | 3,072,000 | 2,770,000 | 2,585,000 | 2,384,000 | 2,239,000 | 1,946,000 | 1,878,000 | 2,066,000 | 2,502,000 | 2,172,000 | 2,092,000 | 2,062,000 | 2,127,000 | 1,747,000 | 1,967,000 |
| Total assets | US$ in thousands | 36,958,000 | 36,593,000 | 31,682,000 | 33,193,000 | 32,132,000 | 31,560,000 | 29,688,000 | 28,488,000 | 27,780,000 | 28,921,000 | 27,202,000 | 27,085,000 | 27,734,000 | 28,514,000 | 26,303,000 | 14,870,000 | 15,516,000 | 15,758,000 | 14,598,000 | 9,707,000 |
| ROA | 10.47% | 9.48% | 9.59% | 8.79% | 9.22% | 9.73% | 9.33% | 9.07% | 8.58% | 7.74% | 7.15% | 6.93% | 7.45% | 8.77% | 8.26% | 14.07% | 13.29% | 13.50% | 11.97% | 20.26% |
July 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $3,869,000K ÷ $36,958,000K
= 10.47%
The analysis of Intuit Inc.'s return on assets (ROA) over the period from October 2020 to July 2025 reveals notable fluctuations and trend patterns. Initially, in October 2020, the ROA was recorded at a high of 20.26%, indicating a strong ability to generate profit from its assets during that period. However, subsequent quarters showed a significant decline, with the ROA dropping to 11.97% by January 2021 and further stabilizing around the 13% range through April and July 2021.
From October 2021 onward, a downward trend persists, with the ROA decreasing from 14.07% to approximately 6.93% by October 2022. This suggests a period of reduced efficiency in asset utilization or possibly increased asset base without proportional profit generation. The ROA stabilized somewhat in early 2023, fluctuating modestly in the 7% to 8.5% range, indicating a period of relative steadiness but lower profitability compared to the initial high.
In the subsequent quarters, there is a gradual upward trajectory, with the ROA rising from 7.15% in January 2023 to 9.07% by October 2023. This trend continues into 2024, reaching as high as 9.73% in April 2024 before experiencing a slight decline to 8.79% by October 2024. During this period, the company demonstrates a modest improvement in asset efficiency and profitability.
By January 2025, the ROA further increases to 9.59%, and projections for July 2025 indicate a notable rise to 10.47%, suggesting an overall recovery in asset profitability and efficiency. Throughout the observed timeframe, the fluctuations in ROA reflect periods of operational and strategic adjustments, impacting the company's ability to convert its assets into earnings. The recent upward trend indicates potential strengthening of profitability metrics relative to asset base.
Peer comparison
Jul 31, 2025