Intuit Inc

NASDAQ INTU

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Intuit Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending April 30, 2024: 46.09%

Intuit Inc Pre-Tax Margin is 46.09% for the Trailing 12 Months (TTM) ending April 30, 2024, a 234.03% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.

Intuit Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending April 30, 2023 was 13.80%, a -24.23% change year over year.
Intuit Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending April 30, 2022 was 18.21%, a -20.54% change year over year.
Intuit Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending April 30, 2021 was 22.92%, a 75.10% change year over year.
Intuit Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending April 30, 2020 was 13.09%, a -16.75% change year over year.

NASDAQ: INTU

Intuit Inc

CEO	Mr. Sasan K. Goodarzi
IPO Date	March 12, 1993
Location	United States
Headquarters	2700 Coast Avenue, Mountain View, CA, United States, 94043
Employees	18,200
Sector	Technology
Industry	Software - application

Description

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and financing for small businesses; and Mailchimp services, such as e-commerce, marketing automation, and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; and QuickBooks Self-Employed solution; payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; and financial supplies and financing for small businesses, as well as electronic filing of federal and state income tax returns. The Consumer segment provides TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

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