Intuit Historical Income Statement

INTU
 Stock
  

USD 488.18  1.05  0.21%   

Historical analysis of Intuit income statement accounts such as Cost of Revenue of 1.5 B or Earning Before Interest and Taxes EBIT of 2.5 B can show how well Intuit Inc performed in making a profits. Evaluating Intuit income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Intuit's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Intuit Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Intuit Inc is a good buy for the upcoming year.
Please see Risk vs Return Analysis.
  

About Intuit Income Statement Analysis

Intuit Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Intuit shareholders. The income statement also shows Intuit investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Intuit Income Statement Chart

Intuit Inc Income Statement is one of the three primary financial statements used for reporting Intuit's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Intuit Inc revenue and expense. Intuit Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Intuit Direct Expenses is comparatively stable at the moment as compared to the past year. Intuit reported Direct Expenses of 1.51 Billion in 2021. Weighted Average Shares Diluted is likely to gain to about 246.1 M in 2022, whereas Consolidated Income is likely to drop slightly above 1.9 B in 2022.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Intuit Inc financial statement analysis. It represents the amount of money remaining after all of Intuit Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Intuit for goods sold or services provided during a certain time period. It also includes all of Intuit Inc sales as well as any other increase in Intuit Inc equity.Revenues are reported on Intuit Inc income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Intuit income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Intuit Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please see Risk vs Return Analysis.Intuit Direct Expenses is comparatively stable at the moment as compared to the past year. Intuit reported Direct Expenses of 1.51 Billion in 2021. Weighted Average Shares Diluted is likely to gain to about 246.1 M in 2022, whereas Consolidated Income is likely to drop slightly above 1.9 B in 2022.
 2019 2020 2021 2022 (projected)
Consolidated Income1.83 B2.06 B2.37 B1.92 B
Direct Expenses1.38 B1.68 B1.51 B1.63 B

Intuit income statement Correlations

Intuit Account Relationship Matchups

Intuit income statement Accounts

201720182019202020212022 (projected)
Direct Expenses977 M1.17 B1.38 B1.68 B1.51 B1.63 B
Consolidated Income1.33 B1.56 B1.83 B2.06 B2.37 B1.92 B
Cost of Revenue963 M1.15 B1.36 B1.63 B1.88 B1.51 B
Earning Before Interest and Taxes EBIT1.59 B1.9 B2.21 B2.58 B2.97 B2.47 B
Earning Before Interest and Taxes USD1.59 B1.9 B2.21 B2.58 B2.97 B2.47 B
Gross Profit5.06 B5.64 B6.32 B8 B9.2 B7.57 B
Interest Expense20 M15 M14 M29 M26.1 M25.61 M
Net Income1.33 B1.56 B1.83 B2.06 B2.37 B1.92 B
Net Income Common Stock1.33 B1.56 B1.83 B2.06 B2.37 B1.92 B
Net Income Common Stock USD1.33 B1.56 B1.83 B2.06 B2.37 B1.92 B
Operating Expenses3.5 B3.78 B4.15 B5.5 B6.33 B5.18 B
Operating Income1.56 B1.85 B2.18 B2.5 B2.88 B2.39 B
Revenues6.03 B6.78 B7.68 B9.63 B11.08 B9.08 B
Revenues USD6.03 B6.78 B7.68 B9.63 B11.08 B9.08 B
Research and Development Expense1.19 B1.23 B1.39 B1.68 B1.93 B1.6 B
Selling General and Administrative Expense2.29 B2.52 B2.73 B3.63 B4.17 B3.43 B
Weighted Average Shares256 M260 M261 M270 M243 M242.63 M
Income Tax Expense237 M324 M372 M494 M568.1 M514.77 M

Intuit Investors Sentiment

The influence of Intuit's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Intuit. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Intuit's public news can be used to forecast risks associated with investment in Intuit. The trend in average sentiment can be used to explain how an investor holding Intuit can time the market purely based on public headlines and social activities around Intuit Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Intuit's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Intuit's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Intuit's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Intuit.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Intuit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Intuit's short interest history, or implied volatility extrapolated from Intuit options trading.

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Please see Risk vs Return Analysis. Note that the Intuit Inc information on this page should be used as a complementary analysis to other Intuit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Intuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuit. If investors know Intuit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.19
Market Capitalization
138 B
Quarterly Revenue Growth YOY
0.35
Return On Assets
0.0887
Return On Equity
0.19
The market value of Intuit Inc is measured differently than its book value, which is the value of Intuit that is recorded on the company's balance sheet. Investors also form their own opinion of Intuit's value that differs from its market value or its book value, called intrinsic value, which is Intuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuit's market value can be influenced by many factors that don't directly affect Intuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuit's value and its price as these two are different measures arrived at by different means. Investors typically determine Intuit value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.