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Intuit Inc. (INTU)

NASDAQ / Technology / Software - Application

Share price

330.17 USD Market dataClose of Oct 15, 2026

Market capitalisation

88.23B USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2026, filed Sep 9, 2026
Ratios computed
Oct 15, 2026
Filed years
11, FY2016 to FY2026
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

19.7% Computed

From the FY2026 filing

Read quality

Valuation

Price to earnings

19.97x Computed

FY2026 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

9.5% Computed

FY2026 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2017 Revenue: 5.20B USDFY2017 Net income: 985.0M USDFY2018 Revenue: 6.03B USDFY2018 Net income: 1.33B USDFY2019 Revenue: 6.78B USDFY2019 Net income: 1.56B USDFY2020 Revenue: 7.68B USDFY2020 Net income: 1.83B USDFY2021 Revenue: 9.63B USDFY2021 Net income: 2.06B USDFY2022 Revenue: 12.73B USDFY2022 Net income: 2.07B USDFY2023 Revenue: 14.37B USDFY2023 Net income: 2.38B USDFY2024 Revenue: 16.29B USDFY2024 Net income: 2.96B USDFY2025 Revenue: 18.83B USDFY2025 Net income: 3.87B USDFY2026 Revenue: 21.45B USDFY2026 Net income: 4.57B USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
9 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 19.97x at the close of 2026-10-15 on FY2026 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits between 15.00x and 25.00x.

Today, against the Software - Application industry (100 companies), 19.97x sits at the 32nd percentile; the middle half of that group runs from 15.62x to 50.75x.

Is it good

Return on invested capital was 19.7% in FY2026, in the band labelled "Above the cost of capital" (12.0% to 20.0%), on lines anchored on Damodaran's cost-of-capital data.

Today, against the Software - Application industry (47 companies), 19.7% sits at the 77th percentile; the middle half of that group runs from 1.3% to 18.7%.

Is it safe

Interest coverage was 22.98x in FY2026, in the band labelled "Comfortable" (6.00x and above), on lines anchored on Damodaran's interest-coverage table, suggesting an interest bill operating profit covers many times over.

Year by year against peers
Whether Intuit Inc.'s return on invested capital stayed above the median of the Software - Application industry, year by year. (FY2020 to FY2025, 6 fiscal years of Intuit Inc. with a comparable figure)
The direction
Which way Intuit Inc.'s return on equity has moved, and how steadily. (FY2017 to FY2026, 10 filed years of Intuit Inc.)
What could explain it
What in Intuit Inc.'s filed statements could explain the movements. (9 readings drawn from the statement lines Intuit Inc. filed)
What to check next
What to check next on Intuit Inc., and where in its filings. (3 questions for Intuit Inc.)
In one paragraph
One paragraph on Intuit Inc.'s returns, cash, balance sheet and price. (15 of sixteen figures read for Intuit Inc.)

These are INTU’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research INTUPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2026 annual report: 10-K, filed Sep 9, 2026, accession 0000896878-26-000037.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

Intuit Inc: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax19.7% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Return on equity24.0% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Return on capital employed, pre-tax22.1% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Return on assets12.4% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Gross margin
Why n/a

Our archived statements for this filer carry no gross profit line, so there is nothing to compute a gross margin from and trace back to source. That may be because the filer presents no cost of revenue, or because we have not captured the concept. We do not guess which.

n/a ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Operating margin27.4% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Net margin21.3% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
INTU 21.3%
UBER 19.3%CDNS 20.9%PTC 26.8%APP 60.8%ZM 39.0%
19.3%60.8%
Net margin: INTU against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

Intuit Inc: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity0.44 ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Current ratio1.51 ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Quick ratio1.51 ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Interest coverage22.98x ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Altman Z-score5.09 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Net debt3.72B ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Total assets 36.79BTotal liabilities 17.79BShareholders' equity 18.99BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What Intuit Inc owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed Sep 9, 2026, 0000896878-26-000037).

Intuit Inc: balance sheet position
Total assets36.79B FiledFY2026 10-K, filed Sep 9, 2026
Total liabilities17.79B FiledFY2026 10-K, filed Sep 9, 2026
Shareholders' equity18.99B FiledFY2026 10-K, filed Sep 9, 2026
Cash4.71B FiledFY2026 10-K, filed Sep 9, 2026
Total debt8.42B FiledFY2026 10-K, filed Sep 9, 2026
Net debt3.72B
Current ratio1.51
Debt to equity0.44

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

Intuit Inc: what the market charges, each with its source
FigureValue, source and document
Price to earnings19.97x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
P/E on trailing twelve months20.06x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book4.82x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Price to sales4.26x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Enterprise value to EBIT16.17x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Enterprise value to EBITDA15.68x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Price to earnings over growth1.20 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Diluted earnings per share16.46 USD FiledFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Graham number159.69 USD ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037

We publish no fair value or price target of our own. Value INTU on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for Intuit Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

Intuit Inc: valuation
Share price330.17 USD
Market capitalisation88.23B USD
Enterprise value to EBITDA15.68x
Graham number159.69 USD
Diluted earnings per share, FY202616.46 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since May 23, 2017: low 15.52x, median 50.71x, high 91.04x, latest 20.06x. 2,363 trading days with a meaningful ratio. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like Intuit Inc

  1. Uber Technologies, Inc. (UBER)Market cap 145.60B USD
  2. Cadence Design Systems, Inc. (CDNS)Market cap 89.33B USD
  3. PTC Inc. (PTC)Market cap 20.98B USD
  4. AppLovin Corporation (APP)Market cap 93.82B USD
  5. Zoom Communications, Inc. (ZM)Market cap 28.74B USD

Same industry (Software - Application) and size band (Large, 10B to 200B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

Intuit Inc: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield9.5% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Free cash flow8.66B USD ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Free cash flow margin40.4% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Dividend yield1.5% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Payout ratio29.5% ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
FY2017 Free cash flow: 1.50B USDFY2017 Net income: 985.0M USDFY2018 Free cash flow: 2.07B USDFY2018 Net income: 1.33B USDFY2019 Free cash flow: 2.25B USDFY2019 Net income: 1.56B USDFY2020 Free cash flow: 2.35B USDFY2020 Net income: 1.83B USDFY2021 Free cash flow: 3.20B USDFY2021 Net income: 2.06B USDFY2022 Free cash flow: 3.73B USDFY2022 Net income: 2.07B USDFY2023 Free cash flow: 4.84B USDFY2023 Net income: 2.38B USDFY2024 Free cash flow: 4.69B USDFY2024 Net income: 2.96B USDFY2025 Free cash flow: 6.12B USDFY2025 Net income: 3.87B USDFY2026 Free cash flow: 8.66B USDFY2026 Net income: 4.57B USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

Intuit Inc.: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
19.97xFY2026Oct 15, 2026
4.82xFY2026Oct 15, 2026
16.17xFY2026Oct 15, 2026
9.5%FY2026Oct 15, 2026
19.7%FY2026Sep 9, 2026
1.5%FY2026Oct 15, 2026
0.44FY2026Sep 9, 2026
1.51FY2026Sep 9, 2026
4.26xFY2026Oct 15, 2026
1.20FY2026Oct 15, 2026
5.09FY2026Oct 15, 2026
-2.41FY2026Sep 9, 2026
7/9FY2026Sep 9, 2026

The figures are computed from the accounts for fiscal 2026, the newest full year on file. 11 filed fiscal years on record, FY2016 to FY2026, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2017 to FY2026, read from the annual reports Intuit Inc filed with the SEC. Each year names its filing. Amounts in USD, as filed.

Intuit Inc: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY202621.45B5.88B4.57B16.468.66B27.4%24.0%10-K, Sep 9, 20260000896878-26-000037
FY202518.83B4.92B3.87B13.676.12B26.1%19.6%10-K, Sep 3, 20250000896878-25-000035
FY202416.29B3.63B2.96B10.434.69B22.3%16.1%10-K, Sep 4, 20240000896878-24-000039
FY202314.37B3.14B2.38B8.424.84B21.9%13.8%10-K, Sep 1, 20230000896878-23-000034
FY202212.73B2.57B2.07B7.283.73B20.2%12.6%10-K, Sep 2, 20220000896878-22-000028
FY20219.63B2.50B2.06B7.563.20B25.9%20.9%10-K, Sep 8, 20210000896878-21-000233
FY20207.68B2.18B1.83B6.922.35B28.3%35.8%10-K, Aug 31, 20200000896878-20-000148
FY20196.78B1.85B1.56B5.892.25B27.3%41.5%10-K, Aug 30, 20190000896878-19-000132
FY20186.03B1.56B1.33B5.092.07B25.9%47.2%10-K, Aug 31, 20180000896878-18-000171
FY20175.20B1.42B985.0M3.781.50B27.3%58.0%10-K, Sep 1, 20170000896878-17-000130
  • Revenue, compound annual growth FY2017 to FY2026: 17.1%
  • Earnings, compound annual growth FY2017 to FY2026: 18.6%
  • Earnings per share, compound annual growth FY2017 to FY2026: 17.8%
  • Free cash flow, compound annual growth FY2017 to FY2026: 21.5%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

Intuit Inc: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-2.41 ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Piotroski F-score7/9 ComputedFY2026 10-K, filed Sep 9, 2026, 0000896878-26-000037
Named tests met9 of 30 Computed
Beta0.45 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 9 met, 21 not met, 0 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
High returns and growth; Low beta, profitable; ROIC at or above WACC; Z-score and coverage (Edward Altman); High returns, low debt; High return on tangibles; Cash-covered dividend; Cash-flow yield and ROIC; Clean books, high ROIC
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; Low PEG, low debt (Peter Lynch); Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Near the 52-week low; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Owner earnings yield; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)
Figures we could not read(1)
  • Gross Margin: Our archived statements for this filer carry no gross profit line, so there is nothing to compute a gross margin from and trace back to source. That may be because the filer presents no cost of revenue, or because we have not captured the concept. We do not guess which.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by the founder: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • One figure could not be read on this company: Gross Margin.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

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Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.