INTUIT INC.

INTU

Intuit Inc. provides financial management, payments and capital, compliance, and marketing products and services in the United States. The company operates in four segments: Global Business Solutions, Consumer, Credit Karma, and ProTax.

Country: United StatesPrice: $345.66Market Cap: $94.6B

Company Profile

Industry: Business Services

Size: Large Cap($94.6B)

Revenue: $18.8B+15.6% YoY

Net Income: $3.9B+30.6% YoY

Financial Snapshot

Operating Margin26.1%

Return on Equity19.6%

Debt / Equity0.30

Current Ratio1.36

EPS (Diluted)$13.67+31.1%

Buybacks (1y)$2.8B

Buybacks (2y)$4.8B

Shares Retired0.4% / 0.5% 2y

Similar Companies

UBERUber Technologies, Inc

$155.1B

MCOMOODYS CORP /DE/

$84.0B

NBISNebius Group N.V.

$70.5B

QLYSQUALYS, INC.

$6.6B

Shareholder Return

Fiscal 2025

Retired 0.4% of shares last year, 0.5% over two.

Buybacks: $2.8B
Dividends: $1.2B

What drove EPS

A buyback raises earnings per share without the company earning more. This splits each year's change into the two.

FY22

−3.7% = 0.2% + −3.9%

FY23

15.7% = 15.4% + 0.2%

FY24

23.9% = 24.3% + −0.3%

FY25

31.1% = 30.6% + 0.4%

Earnings Fewer shares More shares

Share count is the denominator the filer used for diluted EPS, recovered as net income ÷ EPS — not the balance-sheet count, which is a point-in-time figure and would put the timing difference into this split. Years with a loss are omitted: a smaller share count makes a loss per share larger, so the decomposition inverts.

Company Financials

Annual data (10-K) · Last 5 years

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Market Cap	$94.6B	$166.7Best.	$174.0Best.	$116.3Best.	$147.1Best.
Revenue	$18.8B↑16%	$16.3B↑13%	$14.4B↑13%	$12.7B↑32%	$9.6B
Operating Income	$4.9B↑36%	$3.6B↑16%	$3.1B↑22%	$2.6B↑3%	$2.5B
Net Income	$3.9B↑31%	$3.0B↑24%	$2.4B↑15%	$2.1B	$2.1B
EPS (Diluted)	$13.67↑31%	$10.43↑24%	$8.42↑16%	$7.28↓4%	$7.56
Gross Margin	—	—	—	—	—
Operating Margin	26.1%↑17%	22.3%↑2%	21.9%↑8%	20.2%↓22%	26.0%
ROE	19.6%↑22%	16.1%↑16%	13.8%↑10%	12.6%↓40%	20.9%
Total Debt	$6.0B↓9%	$6.5B↑7%	$6.1B↓17%	$7.4B↑264%	$2.0B
Shareholders' Equity	$19.7B↑7%	$18.4B↑7%	$17.3B↑5%	$16.4B↑67%	$9.9B
Current Ratio	1.36↑5%	1.29↓12%	1.47↑5%	1.39↓28%	1.94
Debt / Equity	0.30↓15%	0.35	0.35↓21%	0.45↑119%	0.21
Operating Cash Flow	$6.2B↑27%	$4.9B↓3%	$5.0B↑30%	$3.9B↑20%	$3.3B
Free Cash Flow	$6.1B↑30%	$4.7B↓3%	$4.8B↑30%	$3.7B↑17%	$3.2B

Scored from 10-K1d ago

Metric	Marks Risk-Aware Value	Akre Three-Legged Stool	Druckenmiller Macro-Enhanced Growth	Spier Value Checklist	Pabrai Dhandho Framework	Munger Quality Focus	Ackman Activist Value	Piotroski F-Score	Greenblatt Magic Formula	Lynch GARP	Buffett Quality Compounder	Graham Defensive Value
Verdict	HOLD	BUY	BUY	BUY	HOLD	BUY	BUY	BUY	Not ranked	HOLD	HOLD	FAIL
Score
Analysis
Intrinsic Value
Margin of Safety	-216.8%	+35.1%	+20.6%	-34.9%	-50.4%	+50.5%	+50.3%	-389.5%	-213.3%	-73.4%	-5.0%	-134.6%
Data As Of	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)	10-K (2026-08-15)

Where They Agree

Where They Disagree

Profitability
3 of 11 pass — Marks, Akre, Spier +5 more object
Discount to Intrinsic Value-320.0% (IV=$162.60 vs Price=$682.91)
✗Marks>= 20% below intrinsic value
Positive Net Income Frequency28/28 years positive
✓MarksPositive net income in >= 7 of last 10 years
Return on Equity16.5% (3-yr avg)
✗AkreROE > 20% (3-year avg)
EPS Growth AccelerationLatest: 31.1%, Prior: 23.9%
✓DruckenmillerAccelerating EPS growth
Show 19 more metrics ▾Show fewer ▴
Margin of SafetyP/E=50.0x, P/B=9.7x
✗SpierP/E < 15 AND P/B < 2.0✗PabraiP/B < 1.5 or P/E < 15
Operating Income / Revenue26.1%
✓Ackman>= 15%
Net Income / Shareholders Equity19.6%
✓Ackman>= 15%
Net Income / Total Assets10.47%
✓PiotroskiROA > 0
ROA Change YoY9.22% -> 10.47% (delta: +1.25%)
✓PiotroskiCurrent ROA > Prior ROA
(CFO / Total Assets) vs ROACFO/Assets=16.79%, ROA=10.47%
✓PiotroskiCFO/Assets > ROA
Gross Margin Change YoY
✗PiotroskiImproved YoY
EBIT / Enterprise Value2.5%
✗Greenblatt> 10%
Earnings Yield + ROC AssessmentEY=2.5%, ROC=271.4%
✗GreenblattBoth EY > 10% and ROC > 25%
3-5 Year EPS CAGR14.6%
✓Lynch15-30% (Fast Grower); > 0% to pass
ROE19.6%
✓Lynch> 15%
Net Income Positive (10+ years)28/28 years positive
✓BuffettPositive every year for 10+ years
ROE (5-yr avg)16.6%
✓Buffett> 15% (5-yr avg)
Operating Margin (10-yr trend)26.1% (latest)
✗BuffettStable or rising over 10 years
Free Cash Flow Proxy$4.0B
✓BuffettPositive and growing
Earnings Variance (10-yr CoV)1.38
✗BuffettCoV < 0.3
Retained Earnings Effectiveness10.44x
✓Buffett$1 retained -> > $1 market value created
Positive EPS (10 years)25/28 years positive
✗GrahamPositive EPS every year for 10 years
EPS Growth (3-yr avg, 10-yr window)551.1%
✓Graham>= 33% growth
Debt & Leverage
5 of 8 pass — Akre, Lynch and Graham object
Debt Levels0.30
✗AkreDebt/Equity < 0.3✓MungerDebt/Equity < 0.5
Interest Coverage & Debt/EBITDAIC=19.9x, D/EBITDA=1.2x
✓MarksInterest Coverage > 3x; Debt/EBITDA < 4x
Total Debt / Shareholders Equity0.30
✓Ackman<= 1.0
LT Debt / Total Assets Change17.24% -> 16.16%
✓PiotroskiDecreased YoY
Show 4 more metrics ▾Show fewer ▴
Total Debt / Equity0.30
✓Lynch< 0.33
Cash - Long-term Debt$-3.1B
✗LynchPositive preferred
Debt/Equity & Interest CoverageD/E: 0.30, IC: 19.9x
✓BuffettD/E < 0.5 AND Interest Coverage > 5x
LT Debt vs Net Current AssetsLT Debt $6.0B vs NCA $3.7B
✗GrahamLT Debt <= Net Current Assets
Valuation
1 of 9 pass — Marks, Spier, Pabrai +5 more object
P/B or P/E vs. Historical AverageP/E=50.0x, P/B=9.7x
✗MarksP/E < 15 or P/B < 2.0
Discount to Intrinsic Value-320.0% (IV=$162.60 vs Price=$682.91)
✗Marks>= 20% below intrinsic value
Price vs. 200-day MAQualitative
✓DruckenmillerPrice above 200-day moving average
Margin of SafetyP/E=50.0x, P/B=9.7x
✗SpierP/E < 15 AND P/B < 2.0
Show 9 more metrics ▾Show fewer ▴
P/E or FCF YieldP/E=50.0x, FCF Yield=3.2%
✗PabraiP/E < 15 or FCF Yield > 10%
Valuation ReasonablenessP/E=50.0x, OE Yield=2.1%
✗MungerP/E < 25 or Owner Earnings Yield > 5%
Price / FCF per Share31.1x
✗Ackman<= 25
EBIT / Enterprise Value2.5%
✗Greenblatt> 10%
Earnings Yield + ROC AssessmentEY=2.5%, ROC=271.4%
✗GreenblattBoth EY > 10% and ROC > 25%
P/E / EPS Growth Rate3.42
✗Lynch< 1.0 (ideally < 0.5)
Price / 3-yr avg EPS63.0x
✗Graham<= 15x
Price-to-Book Ratio9.7x
✗Graham<= 1.5x
P/E x P/B609.30
✗Graham<= 22.5
Cash Flow
4 of 6 pass — Pabrai and Ackman object
FCF Positive21/21 years FCF positive
✓MarksPositive FCF in majority of recent years
P/E or FCF YieldP/E=50.0x, FCF Yield=3.2%
✗PabraiP/E < 15 or FCF Yield > 10%
(OCF - CapEx) / Market Cap3.2%
✗Ackman>= 4%
Price / FCF per Share31.1x
✗Ackman<= 25
Show 4 more metrics ▾Show fewer ▴
Operating Cash Flow$6.2B
✓PiotroskiCFO > 0
(CFO / Total Assets) vs ROACFO/Assets=16.79%, ROA=10.47%
✓PiotroskiCFO/Assets > ROA
FCF Positive and Growing$6.1B
✓LynchPositive and growing
Free Cash Flow Proxy$4.0B
✓BuffettPositive and growing
Growth
4 of 5 pass — Lynch objects
Positive Net Income Frequency28/28 years positive
✓MarksPositive net income in >= 7 of last 10 years
EPS Growth AccelerationLatest: 31.1%, Prior: 23.9%
✓DruckenmillerAccelerating EPS growth
Revenue Growth RateLatest: 15.6%, Prior: 13.3%
✓DruckenmillerRevenue growth accelerating
3yr Median Revenue Growth13.3%
✓Ackman>= 5%
Show 5 more metrics ▾Show fewer ▴
Positive EPS Growth Frequency4/5 years with positive EPS growth
✓AckmanPositive EPS growth in >= 3 of last 5 years
P/E / EPS Growth Rate3.42
✗Lynch< 1.0 (ideally < 0.5)
3-5 Year EPS CAGR14.6%
✓Lynch15-30% (Fast Grower); > 0% to pass
Inventory Growth vs Revenue GrowthN/A (no inventory)
✓LynchInventory growth < Revenue growth
EPS Growth (3-yr avg, 10-yr window)551.1%
✓Graham>= 33% growth
Efficiency
5 of 6 pass — Graham objects
ROIC (high and growing)11/15 years ROIC > 15% (latest: 15.1%)
✓AkreROIC > 15% for 3+ years
Reinvestment Rate x ROIC10.5% (RR=69% x ROIC=15.1%)
✓AkreReinvestment Rate * ROIC > 10%
Return on Invested Capital15.1%
✓Munger> 15%
Current Ratio Change YoY1.29 -> 1.36
✓PiotroskiIncreased YoY
Show 5 more metrics ▾Show fewer ▴
Revenue / Total Assets Change YoY0.51x -> 0.51x
✓PiotroskiImproved YoY
EBIT / (NWC + Net Fixed Assets)271.4%
✓Greenblatt> 25%
ROIC (3-5 yr avg)14.7%
✓Buffett> 10%
ROIC - WACC+4.7%
✓BuffettPositive (WACC = 10%)
Current Ratio1.36
✗Graham>= 2.0
Verdicts
Split decision: 6 BUY · 4 HOLD · 1 FAIL
Overall verdict
•MarksHOLD (6/8)✓AkreBUY (5/7)✓DruckenmillerBUY (6/7)✓SpierBUY (7/8)•PabraiHOLD (6/8)✓MungerBUY (6/7)✓AckmanBUY (7/9)✓PiotroskiBUY (F-Score 8)•GreenblattNot ranked•LynchHOLD (PEG 3.42)•BuffettHOLD (7/9)✗GrahamFAIL (2/9)
Valuation models
Models split on INTU at $345.66 — fair values range $70.61–$698.10
Marks fair value$109.10
✗Marks-216.8% margin vs $345.66
Akre fair value$532.46
✓Akre+35.1% margin vs $345.66
Druckenmiller fair value$435.45
✓Druckenmiller+20.6% margin vs $345.66
Spier fair value$256.29
✗Spier-34.9% margin vs $345.66
Show 8 more metrics ▾Show fewer ▴
Pabrai fair value$229.78
✗Pabrai-50.4% margin vs $345.66
Munger fair value$698.10
✓Munger+50.5% margin vs $345.66
Ackman fair value$694.97
✓Ackman+50.3% margin vs $345.66
Piotroski fair value$70.61
✗Piotroski-389.5% margin vs $345.66
Greenblatt fair value$110.32
✗Greenblatt-213.3% margin vs $345.66
Lynch fair value$199.39
✗Lynch-73.4% margin vs $345.66
Buffett fair value$329.16
✗Buffett-5.0% margin vs $345.66
Graham fair value$147.37
✗Graham-134.6% margin vs $345.66

Historical Score Timeline

Industry Peers

Similar companies in Business Services

INTU vs Peers — Financial Grading

Revenue$18.8BTop 25%

Net Income$3.9BTop 25%

ROE19.6%Median

D/E0.30Top 25%

Op. Margin26.1%Top 25%

Curr. Ratio1.36Bottom 25%

Company	Market Cap	Price	Revenue	Net Income	ROE	D/E	Op. Margin	Curr. Ratio	Graham	Buffett	Lynch	Greenblatt	Piotroski
Uber Technologies, IncUBER	$155.1B	$75.95	$52.0B	$10.1B	37.2%	0.39	10.7%	1.14	1/9	4/9	3/7	0/3	F-Score 6
MOODYS CORP /DE/MCO	$84.0B	$484.96	$7.7B	$2.5B	60.7%	1.73	43.4%	1.74	2/9	6/9	4/7	1/3	F-Score 8
Nebius Group N.V.NBIS	$70.5B	$277.68	$529.8M	$82.5M	1.8%	0.90	-115.5%	3.08	2/9	2/9	1/7	0/3	F-Score 6
QUALYS, INC.QLYS	$6.6B	$186.05	$669.1M	$198.3M	35.3%	—	33.2%	1.41	2/9	3/9	5/7	0/3	F-Score 8
ACI WORLDWIDE, INC.ACIW	$5.4B	$53.44	$1.8B	$226.7M	14.9%	0.57	18.7%	1.54	1/9	1/9	3/7	1/3	F-Score 7
Flywire CorpFLYW	$2.3B	$18.81	$623.0M	$13.5M	1.6%	—	1.8%	1.50	1/9	2/9	2/7	0/3	F-Score 7
INNODATA INCINOD	$2.1B	$63.85	$251.7M	$32.2M	30.0%	—	15.8%	2.68	3/9	3/9	5/7	1/3	F-Score 6
INSPERITY, INC.NSP	$2.0B	$52.20	$6.8B	$7.0M	-15.2%	8.02	-0.1%	1.06	3/9	4/9	2/7	0/3	F-Score 1