logo
Intuit Inc. reports $3 billion annual profit for 2024

Intuit Inc. reports $3 billion annual profit for 2024

Company generates $16.3 billion in revenue

By USinMinutes
Published - Sep 04, 2024, 06:29 PM ET
Last Updated - Sep 27, 2024, 02:08 AM EDT

Intuit Inc. [INTU] has reported $3 billion in profit for 2024, an increase of $579 million from the previous year, according to a filing at the SEC.

The Mountain View, California-based company operating in the Services field recorded revenue of $16.3 billion , an increase of 13.342149220489977, or $1.9 billion, from the previous year.

Intuit reported $16.3 billion in annual revenue.The diluted earnings per share rose by 23.871733966745843 percent to $10.4 when compared to the EPS of $8.4 the previous year.The company reported 18,200 employees generating 904722222.2222222 revenue per employee for 2024.

Dollars in millions
Jul 31, 2024    Apr 30, 2024    Jan 31, 2024    Oct 31, 2023   

Income Statement

Revenue $16,285.0    $3,386.0  $2,978.0 
Operating Profit $3,630.0  $3,105.0  $369.0  $307.0 
Net Income $2,963.0  $2,389.0  $353.0  $241.0 
Net Cash $4,247.0  $3,629.0  $1,589.0  $945.0 
Gross Margin $16,285.0       
Operating Margin $0.0  $310,500.0  $0.0  $0.0 
Profit as % of Revenues549.61       
Profit as % of Assets12.24 8.05 1.23 0.86 
Profit as % of Stockholder Equity16.07 12.74 2.09 1.42 
Return on Equity16.07 12.74 2.09 0.14 
Return on Assets9.22 7.57 1.19 0.08 
Turnover Ratio67.27   0.12 0.11 
EBITA$4,259.0 $3,141.0 $0.0 $0.0 

Balance Sheet

Total Assets $32,132.0  $31,560.0  $29,688.0  $28,488.0 
Total Liabilities $13,696.0  $12,803.0  $12,780.0  $11,496.0 

Cash Flow Statement

Operating Cash Flow $4,884.0  $4,467.0  $516.0  -$97.0 
Investing Cash Flow -$227.0  $25.0  $244.0  $210.0 
Financing Cash Flow -$397.0  -$851.0  $833.0  $849.0 
Read the full filing
 
Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
Quick Links
Categories
Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024