GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (NAS:INTU) » Definitions » Pretax Margin %

Intuit (Intuit) Pretax Margin % : 10.45% (As of Jan. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Intuit Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Intuit's Pre-Tax Income for the three months ended in Jan. 2024 was $354 Mil. Intuit's Revenue for the three months ended in Jan. 2024 was $3,386 Mil. Therefore, Intuit's pretax margin for the quarter that ended in Jan. 2024 was 10.45%.

The historical rank and industry rank for Intuit's Pretax Margin % or its related term are showing as below:

INTU' s Pretax Margin % Range Over the Past 10 Years
Min: 16.98   Med: 26.26   Max: 30.64
Current: 22.17


INTU's Pretax Margin % is ranked better than
89.78% of 2760 companies
in the Software industry
Industry Median: 2.24 vs INTU: 22.17

Intuit Pretax Margin % Historical Data

The historical data trend for Intuit's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intuit Pretax Margin % Chart

Intuit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.73 28.62 26.53 19.97 20.80

Intuit Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.50 45.43 -0.18 8.87 10.45

Competitive Comparison of Intuit's Pretax Margin %

For the Software - Application subindustry, Intuit's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuit's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Intuit's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Intuit's Pretax Margin % falls into.



Intuit Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Intuit's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=2989/14368
=20.80 %

Intuit's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=354/3386
=10.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intuit  (NAS:INTU) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Intuit Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Intuit's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Intuit (Intuit) Business Description

Address
2700 Coast Avenue, Mountain View, CA, USA, 94043
Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.
Executives
Alex G. Balazs officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Laura A Fennell officer: VP, General Counsel, Corp. Sec C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Raul Vazquez director 500 STAPLES DR., FRAMINGHAM MA 01702
Sasan K Goodarzi officer: Senior Vice President C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sandeep Aujla officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Mark P. Notarainni officer: EVP, Consumer Group C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel officer: EVP, Chief Technology Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Lauren D Hotz officer: VP, Chief Accounting Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
James Alexander Chriss officer: EVP and GM SBSEG C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean officer: SVP, General Counsel C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck officer: EVP and CFO C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky director C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan director C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Eve B Burton director 770 BROADWAY, NEW YORK NY 10003
Varun Krishna officer: EVP, Consumer Group 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043

Intuit (Intuit) Headlines

From GuruFocus

Q2 2022 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intuit Inc Innovation Day Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intuit Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2023 Intuit Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024