Recent News
On July 31, 2025 Intuit announced an Investor Day for September 18, 2025 and confirmed management presentations that will outline strategy and product roadmaps. The July 31 release also set the timetable for the company’s fourth-quarter fiscal 2025 results to be released on August 21, 2025.
Technical Analysis
Directional indicators (ADX / DI+ / DI-): ADX at 31.75 signals a strong underlying trend. DI+ sits at 21.35 and shows an increasing trajectory while DI- at 27.77 is decreasing; both changes point toward a bullish directional bias that supports near-term upside pressure against an already-high valuation.
MACD: MACD reads -6.52 and trends higher while the signal line sits at -13.57; MACD has crossed above its signal line, which represents a bullish momentum shift and reinforces the directional indicators for the coming weeks.
MRO (Momentum/Regression Oscillator): MRO at 8.36 registers positive. A positive MRO indicates price sits above the model target and therefore carries a propensity for downward mean reversion; that suggests any upside driven by momentum may encounter profit-taking consistent with the company’s valuation status.
RSI: RSI of 43.16 and rising indicates recovering buying momentum without overbought conditions, which supports a controlled rally rather than a parabolic advance.
Price versus moving averages and bands: The close at $694.79 stands above the 200-day average of $664.04 and above the 12-day EMA of $679.93 (increasing), yet below the 50-day average of $714.06. Price sits slightly above the 1x upper Bollinger band ($692.25) and well inside the 2x band ($712.90), implying short-term extension inside a broader trading range. Ichimoku components show price above the Tenkan and Kijun but below the projected cloud (Senkou A/B at $756.38), indicating short-term strength nested inside longer-term overhead resistance.
Volume and volatility: Daily volume at ~1.68M trails the 10-day average (~2.35M) and 50-day average (~1.98M), suggesting the current move lacks above-average participation. Volatility metrics remain moderate (42-day and 52-week volatility ~2%).
Fundamental Analysis
Profitability and margins: Operating margin registers 8.875% and EBIT margin 11.094%. The company’s EBIT margin sits below the industry peer mean of 15.6% and below the industry peer median of 14.182%, while remaining above the industry peer low of 7.21%. QoQ change in EBIT margin equals -77.073% and YoY change equals -547.158%, signaling acute short-term compression relative to recent periods.
Revenue and growth: Total revenue stands at $3,831,000,000 with YoY revenue growth of -4.069% and QoQ revenue growth of -152.888%. Forward revenue estimates reach $3,899,524,165. Revenue dynamics show pressure compared with historical trends despite management’s AI-driven growth narrative.
Cash flow and balance sheet: Operating cash flow equals $381,000,000 and free cash flow totals $356,000,000, producing a free cash flow yield of 0.173%, which lies below the industry peer mean free cash flow yield of 0.924%. Cash and short-term investments total $4,552,000,000 against total debt of $6,639,000,000 and net debt of $3,089,000,000, leaving ample liquidity but a non-negligible net leverage profile (debt-to-EBITDA ~10.49). Cash conversion cycle at -53.62 days reflects strong working capital dynamics versus the industry peer mean of 46.97 days.
Valuation and earnings: Reported EPS of $2.75 beat the estimate of $2.66 by $0.09, a surprise of 3.38%. The trailing PE stands at 267.19 and the forward PE at 132.23, both above the industry peer mean P/E of 118.00. Price-to-sales at 53.62 and price-to-book at 10.42 also sit above peer means. The current valuation, as determined by WMDST, classifies the stock as over-valued given premium multiples and muted free cash flow yield.
Other operating metrics: Gross margin remains high at 76.664%. Research and development spend totals $801,000,000, supporting product investment and AI initiatives. Return on equity sits at 1.933% and return on assets at 1.036%, both below typical industry peer means, reflecting heavy capital and intangible asset bases.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-07-31 |
| REPORT DATE: | 2025-08-21 |
| NEXT REPORT DATE: | 2025-11-19 |
| CASH FLOW | Begin Period Cash Flow | $ 10.2 B |
| Operating Cash Flow | $ 381.0 M | |
| Capital Expenditures | $ -25.00 M | |
| Change In Working Capital | $ -573.00 M | |
| Dividends Paid | $ -301.00 M | |
| Cash Flow Delta | $ -703.00 M | |
| End Period Cash Flow | $ 9.5 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 3.8 B | |
| Forward Revenue | $ 3.9 B | |
| COSTS | ||
| Cost Of Revenue | $ 894.0 M | |
| Depreciation | $ 43.0 M | |
| Depreciation and Amortization | $ 208.0 M | |
| Research and Development | $ 801.0 M | |
| Total Operating Expenses | $ 3.5 B | |
| PROFITABILITY | ||
| Gross Profit | $ 2.9 B | |
| EBITDA | $ 633.0 M | |
| EBIT | $ 425.0 M | |
| Operating Income | $ 340.0 M | |
| Interest Income | $ 60.0 M | |
| Interest Expense | $ 59.0 M | |
| Net Interest Income | $ 1.0 M | |
| Income Before Tax | $ 366.0 M | |
| Tax Provision | $ -15.00 M | |
| Tax Rate | 21.0 % | |
| Net Income | $ 381.0 M | |
| Net Income From Continuing Operations | $ 381.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 2.66 | |
| EPS Actual | $ 2.75 | |
| EPS Difference | $ 0.09 | |
| EPS Surprise | 3.383 % | |
| Forward EPS | $ 5.56 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 37.0 B | |
| Intangible Assets | $ 19.3 B | |
| Net Tangible Assets | $ 428.0 M | |
| Total Current Assets | $ 14.1 B | |
| Cash and Short-Term Investments | $ 4.6 B | |
| Cash | $ 2.9 B | |
| Net Receivables | $ 530.0 M | |
| Inventory | — | |
| Long-Term Investments | $ 751.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 792.0 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 10.4 B | |
| Net Debt | $ 3.1 B | |
| Total Debt | $ 6.6 B | |
| Total Liabilities | $ 17.2 B | |
| EQUITY | ||
| Total Equity | $ 19.7 B | |
| Retained Earnings | $ 19.7 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 70.61 | |
| Shares Outstanding | 279.129 M | |
| Revenue Per-Share | $ 13.72 | |
| VALUATION | Market Capitalization | $ 205.4 B |
| Enterprise Value | $ 207.5 B | |
| Enterprise Multiple | 327.816 | |
| Enterprise Multiple QoQ | 644.363 % | |
| Enterprise Multiple YoY | -75.633 % | |
| Enterprise Multiple IPRWA | INTU: 327.816 high: 140.779 median: 140.779 mean: 136.642 low: 83.531 |
|
| EV/R | 54.165 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.875 | |
| Asset To Liability | 2.143 | |
| Debt To Capital | 0.252 | |
| Debt To Assets | 0.18 | |
| Debt To Assets QoQ | -7.244 % | |
| Debt To Assets YoY | 1056.729 % | |
| Debt To Assets IPRWA | high: 0.21 median: 0.21 mean: 0.181 INTU: 0.18 low: 0.005 |
|
| Debt To Equity | 0.337 | |
| Debt To Equity QoQ | -4.35 % | |
| Debt To Equity YoY | 1144.293 % | |
| Debt To Equity IPRWA | high: 0.412 median: 0.412 mean: 0.354 INTU: 0.337 low: 0.005 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 10.422 | |
| Price To Book QoQ | 21.117 % | |
| Price To Book YoY | 8.48 % | |
| Price To Book IPRWA | INTU: 10.422 high: 6.835 median: 6.835 mean: 6.637 low: 3.851 |
|
| Price To Earnings (P/E) | 267.193 | |
| Price To Earnings QoQ | 401.629 % | |
| Price To Earnings YoY | -15.864 % | |
| Price To Earnings IPRWA | INTU: 267.193 high: 213.809 mean: 117.996 median: 106.246 low: 65.681 |
|
| PE/G Ratio | -3.498 | |
| Price To Sales (P/S) | 53.621 | |
| Price To Sales QoQ | 140.087 % | |
| Price To Sales YoY | -3.61 % | |
| Price To Sales IPRWA | INTU: 53.621 high: 49.112 mean: 28.91 median: 26.7 low: 9.87 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 132.227 | |
| Forward PE/G | -1.731 | |
| Forward P/S | 52.678 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.753 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.104 | |
| Asset Turnover Ratio QoQ | -54.138 % | |
| Asset Turnover Ratio YoY | 4.191 % | |
| Asset Turnover Ratio IPRWA | high: 0.186 median: 0.134 mean: 0.131 INTU: 0.104 low: 0.104 |
|
| Receivables Turnover | 6.11 | |
| Receivables Turnover Ratio QoQ | -31.406 % | |
| Receivables Turnover Ratio YoY | 19.649 % | |
| Receivables Turnover Ratio IPRWA | INTU: 6.11 high: 2.953 mean: 1.73 median: 1.58 low: 1.046 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 14.934 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | -53.618 | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 90.931 mean: 46.973 median: 44.35 low: -19.63 INTU: -53.618 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.025 | |
| CapEx To Revenue | -0.007 | |
| CapEx To Depreciation | -0.581 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 25.7 B | |
| Net Invested Capital | $ 25.7 B | |
| Invested Capital | $ 25.7 B | |
| Net Tangible Assets | $ 428.0 M | |
| Net Working Capital | $ 3.7 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.439 | |
| Current Ratio | 1.36 | |
| Current Ratio QoQ | -5.958 % | |
| Current Ratio YoY | 5.296 % | |
| Current Ratio IPRWA | high: 2.105 median: 2.105 mean: 2.041 low: 1.553 INTU: 1.36 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 10.488 | |
| Cost Of Debt | 0.679 % | |
| Interest Coverage Ratio | 7.203 | |
| Interest Coverage Ratio QoQ | -88.481 % | |
| Interest Coverage Ratio YoY | -656.212 % | |
| Interest Coverage Ratio IPRWA | high: 204.663 mean: 34.422 median: 11.483 INTU: 7.203 low: 3.212 |
|
| Operating Cash Flow Ratio | 0.055 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 68.552 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 1.266 | |
| Dividend Payout Ratio | 0.79 | |
| Dividend Rate | $ 1.08 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.997 % | |
| Revenue Growth | -50.593 % | |
| Revenue Growth QoQ | -152.888 % | |
| Revenue Growth YoY | -4.069 % | |
| Revenue Growth IPRWA | high: 6.564 % mean: 4.983 % median: 4.821 % low: 3.182 % INTU: -50.593 % |
|
| Earnings Growth | -76.395 % | |
| Earnings Growth QoQ | -130.448 % | |
| Earnings Growth YoY | -4.336 % | |
| Earnings Growth IPRWA | high: 9.091 % mean: 0.564 % low: -0.897 % median: -0.897 % INTU: -76.395 % |
|
| MARGINS | ||
| Gross Margin | 76.664 % | |
| Gross Margin QoQ | -9.382 % | |
| Gross Margin YoY | 1.666 % | |
| Gross Margin IPRWA | high: 76.872 % INTU: 76.664 % mean: 75.213 % median: 75.213 % low: 68.196 % |
|
| EBIT Margin | 11.094 % | |
| EBIT Margin QoQ | -77.073 % | |
| EBIT Margin YoY | -547.158 % | |
| EBIT Margin IPRWA | high: 27.658 % mean: 15.6 % median: 14.182 % INTU: 11.094 % low: 7.21 % |
|
| Return On Sales (ROS) | 8.875 % | |
| Return On Sales QoQ | -81.659 % | |
| Return On Sales YoY | -457.719 % | |
| Return On Sales IPRWA | high: 29.643 % mean: 12.792 % median: 10.605 % INTU: 8.875 % low: 7.21 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 356.0 M | |
| Free Cash Flow Yield | 0.173 % | |
| Free Cash Flow Yield QoQ | -93.129 % | |
| Free Cash Flow Yield YoY | -18.396 % | |
| Free Cash Flow Yield IPRWA | high: 1.422 % median: 0.938 % mean: 0.924 % low: 0.703 % INTU: 0.173 % |
|
| Free Cash Growth | -91.835 % | |
| Free Cash Growth QoQ | -128.695 % | |
| Free Cash Growth YoY | 1.632 % | |
| Free Cash Growth IPRWA | high: 39.667 % median: 39.667 % mean: 34.39 % low: -63.012 % INTU: -91.835 % |
|
| Free Cash To Net Income | 0.934 | |
| Cash Flow Margin | 14.957 % | |
| Cash Flow To Earnings | 1.504 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.036 % | |
| Return On Assets QoQ | -87.459 % | |
| Return On Assets YoY | -1744.444 % | |
| Return On Assets IPRWA | high: 2.194 % mean: 1.398 % median: 1.296 % low: 1.109 % INTU: 1.036 % |
|
| Return On Capital Employed (ROCE) | 1.598 % | |
| Return On Equity (ROE) | 0.019 | |
| Return On Equity QoQ | -86.205 % | |
| Return On Equity YoY | -1889.815 % | |
| Return On Equity IPRWA | high: 0.025 mean: 0.025 median: 0.025 low: 0.023 INTU: 0.019 |
|
| DuPont ROE | 1.913 % | |
| Return On Invested Capital (ROIC) | 1.307 % | |
| Return On Invested Capital QoQ | -87.993 % | |
| Return On Invested Capital YoY | -25.143 % | |
| Return On Invested Capital IPRWA | high: 2.547 % mean: 2.118 % low: 2.054 % median: 2.054 % INTU: 1.307 % |
|