Intuit Inc (INTU)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 19,710,000 | 20,125,000 | 17,949,000 | 18,136,000 | 18,436,000 | 18,757,000 | 16,908,000 | 16,992,000 | 17,269,000 | 17,592,000 | 15,842,000 | 16,067,000 | 16,441,000 | 16,961,000 | 15,595,000 | 9,733,000 | 9,869,000 | 9,955,000 | 8,868,000 | 5,245,000 |
| Financial leverage ratio | 1.88 | 1.82 | 1.77 | 1.83 | 1.74 | 1.68 | 1.76 | 1.68 | 1.61 | 1.64 | 1.72 | 1.69 | 1.69 | 1.68 | 1.69 | 1.53 | 1.57 | 1.58 | 1.65 | 1.85 |
July 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $36,958,000K ÷ $19,710,000K
= 1.88
The financial leverage ratio of Intuit Inc. exhibits a general upward trend over the analyzed period, indicating increasing reliance on debt financing relative to equity. Starting at a ratio of 1.85 on October 31, 2020, the leverage ratio declined to a low of approximately 1.53 by October 31, 2021, suggesting a period of reduced financial leverage, potentially reflecting deleveraging efforts or improved equity position.
From late 2021 onwards, the ratio exhibits a steady upward trajectory, reaching 1.69 by October 31, 2022, and continuing to increase through subsequent periods. Notably, the leverage ratio surpasses its initial 2020 level, reaching 1.77 by January 31, 2024, and further climbing to 1.88 by July 31, 2025. This indicates a gradual increase in the company's reliance on debt over the most recent periods.
The observed fluctuations suggest that while there was a temporary reduction in financial leverage during 2021, the overall trend since then is one of increasing leverage. This may imply that the company has adopted a more aggressive financing strategy, leveraging debt for growth initiatives or other strategic purposes. The consistent rise in leverage ratios could also reflect favorable credit conditions or management’s preference for debt financing to optimize capital structure.
Overall, the data portrays a company with a progressively higher degree of financial leverage, which could amplify both potential returns and financial risk, depending on how the debt levels are managed relative to earnings and cash flows.
Peer comparison
Jul 31, 2025