Intuit Inc. (INTU)
UnterbewertetFundamental
82
Kurs
$283.81
Marktkapitalisierung
$74.06B
Teil 1 · Was das Unternehmen wert ist
Übersicht
Intuit sells financial software that individuals, small businesses and accountants use every year: TurboTax for filing taxes, QuickBooks for bookkeeping and payroll, Credit Karma for free credit scores and financial product matching, and ProSeries/Lacerte for professional tax preparers. Nearly every U.S. small business and a large share of American taxpayers touch at least one of its products, giving Intuit a footprint few competitors can match across both consumer and small-business finance.
Wie das Geld verdient wird
Most revenue is subscription: QuickBooks and payroll customers pay monthly fees, and TurboTax charges per tax return with pricier tiers for live human help. Credit Karma earns differently — it is free to use and paid instead by banks, lenders and insurers for successful referrals, so its revenue rises and falls with how much those partners are willing to spend on customer acquisition. Intuit is highly seasonal: a large share of consumer revenue lands in the January–April tax season.
Umsatz nach Segment
QuickBooks accounting and payroll software plus Mailchimp email marketing, sold mainly to small and mid-sized businesses on subscription.
TurboTax tax-filing software for individuals, priced from free simple returns up to paid tiers with live expert review.
A free platform that shows users their credit score and matches them with credit cards, loans and insurance, earning referral fees from those lenders.
Tax preparation software sold to professional accountants and tax preparers who file returns on behalf of clients.
Wettbewerbsvorteil
Wechselkosten · BreitQuickBooks holds years of a small business's accounting history, bank feeds and accountant relationships, so switching means re-entering data and retraining staff — a cost most owners avoid paying. TurboTax benefits from the same inertia at the consumer level: once a return is filed correctly, most people return the following year rather than start over elsewhere.
Was die Nachfrage antreibt
Mäßig zyklischTax filing happens every year almost regardless of the economy, which anchors the Consumer and ProTax segments. QuickBooks and Credit Karma are more sensitive to the cycle: small-business formation slows in a downturn, and Credit Karma's revenue depends on how aggressively banks and lenders are marketing for new borrowers, which they pull back sharply when credit conditions tighten.
Wichtigste Risiken
- Free government tax filing — The IRS's own free electronic filing option and other no-cost preparers compete directly with TurboTax's paid tiers, threatening the segment that funds much of Intuit's marketing and profit.
- Credit Karma tied to lender ad budgets — Credit Karma earns money only when banks, card issuers and insurers pay for referrals; when those partners tighten lending or cut marketing spend, Credit Karma's revenue can fall quickly.
- Data security across sensitive financial records — Intuit stores tax returns, bank connections and payroll data for tens of millions of people and businesses; a breach would be especially damaging given how sensitive that information is.
- Segment reorganization underway — Intuit folded Consumer, Credit Karma and ProTax into a single reporting unit starting fiscal 2026, so investors comparing future results to the segment figures cited here should expect a break in the series.
Die Argumente dafür
Buyers argue that QuickBooks' grip on small-business bookkeeping and TurboTax's habitual annual use give Intuit durable pricing power, and that AI-driven features can raise revenue per customer across all four segments at once.
Die Argumente dagegen
Sellers worry that free filing alternatives cap TurboTax's growth, that Credit Karma's revenue is really a lender-marketing budget that can be cut overnight, and that QuickBooks faces rising competition from cheaper accounting tools built for very small businesses.
Written by the editors, published on 18. August 2026
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Bilanz & Liquidität
Umsatz
$21.45B
Letzte 12 Monate (bis 31.7.2026)
Nettogewinn
$4.57B
Letzte 12 Monate (bis 31.7.2026)
Freier Cashflow
$8.66B
Gesamtes Eigenkapital
$18.99B
Gesamtverbindlichkeiten
$17.79B
Current Ratio
1.51
Zinsdeckungsgrad
22.98
Schulden/EBITDA
1.23
Gewinn je Aktie
Umsatz & Nettogewinn
Freier Cashflow
Ertragsaufschlüsselung
Historische Aufstellung
Margen im Zeitverlauf
Verschuldung im Zeitverlauf
Wie schwer die Schulden wiegen
Wachstumsraster
Wachstum — Umsatz
Innerer-Wert-Schätzung
Innerer Wert
$505.37
Aktueller Kurs
$283.81
Sicherheitsmarge
+43.8%
Innerer-Wert-Spanne
$328.49 - $682.25
Streubreite zwischen den verwendeten Bewertungsmethoden, kein statistisch kalibriertes Konfidenzintervall.
Bewertungsmethoden
Bewertungskennzahlen
P/E-Verhältnis
16.75
ROE
24.0%
P/B-Verhältnis
3.88
P/FCF
8.51
Bruttomarge
-
ROIC
17.5%
Rentabilitäts-Radar
Wertschöpfung (Wettbewerbsvorteil)
ROIC
17.5%
WACC
8.9%
ROIC − WACC
+8.5 pp
Der ROIC übersteigt die Kapitalkosten: Das Unternehmen schafft Wert für die Aktionäre.
Fundamentalanalyse-Kriterien
Bestanden (22)
- EPS shows upward trend
- EPS CAGR 14.63%
- Price CAGR 9.61%
- ROIC 17.5%
- P/FCF 8.51
- Debt/Equity ratio
- Operating Margin 27.4%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 23.4%
- Revenue Growth 5Y 17.4%
- Analyst Consensus 57% Buy
- Earnings Surprise avg 6.7%
- PEG Ratio 0.99
- Earnings Quality (OCF/NI) 1.94
- Share Dilution -2.0%
- Net Margin Trend 21.3% vs 20.5%
- Piotroski F-Score 7/9
Nicht bestanden (4)
- P/B Ratio 3.88
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
Nicht verfügbar (2)
- Gross Margin NaN%
- Dividend Payout NaN%
Piotroski F-Score
Starke finanzielle Gesundheit
Gewinnqualität
Hohe Qualität: Gewinne durch Cashflow gedeckt
Aktienverwässerung
Aktienrückkäufe. Aktionärsfreundlich
Institutionelle Beteiligungen
Unternehmensführung
Führungsteam
| Name | Position | Alter |
|---|---|---|
| Mr. Sasan K. Goodarzi | CEO, President & Chairman | 57 |
| Mr. Scott D. Cook | Founder & Director | 73 |
| Mr. Sandeep Singh Aujla | Executive VP & CFO | 49 |
| Mr. Alex G. Balazs | Executive VP & CTO | 53 |
| Mr. Mark Notarainni | Executive VP & GM of Consumer Group | 55 |
| Ms. Lauren D. Hotz | Senior VP & Chief Accounting Officer | 49 |
| Anne-Sophie Seigneurbieux | Senior Vice President of Investor Relations, Corporate & Strategic Finance | - |
| Kendra Goodenough | VP & Head of Investor Relations | - |
| Mr. Tyler Cozzens | Executive VP, General Counsel and Corporate Secretary | - |
| Ms. Shveta Mujumdar | Vice President of Corporate Development | 46 |
Prüfungsrisiko
1
Vorstandsrisiko
4
Vergütungsrisiko
4
Aktionärsrechterisiko
2
Teil 2 · Der Preis und der Einstiegszeitpunkt
Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.
Dokumente
- Dokument ansehen
Jahresbericht (10-K)
Ein jährlicher Überblick über das Geschäft, die Finanzergebnisse und die Risiken des Unternehmens.
Eingereicht am 2026-09-09
- Dokument ansehen
Quartalsbericht (10-Q)
Ein Update zur finanziellen Entwicklung der letzten drei Monate.
Eingereicht am 2026-05-20
- Dokument ansehen
Ad-hoc-Meldung (8-K)
Eine Mitteilung über ein wichtiges Ereignis, etwa einen Führungswechsel oder eine bedeutende Ankündigung.
Eingereicht am 2026-08-25
via SEC EDGAR
Ertragshistorie
via SEC EDGAR
Latest News
Recent headlines for INTU, sourced from Markets Gazette.
- 8/26/2026NEGATIVEForti vendite su Intuit in scia ai downgrade dopo guidance deludente
Intuit Inc. experienced significant selling pressure on Wall Street following a wave of analyst downgrades. The financial software and services company was downgraded due to weaker growth prospects and concerning signals, prompting a negative outlook from market watchers. Investors are advised to monitor Intuit's upcoming earnings reports and management commentary for signs of recovery or further deterioration in its growth trajectory.
- 8/26/2026NEUTRALIntuit hits a record milestone of $20 billion in revenue—and sets the stage for a strategic pullback
Intuit has achieved a significant milestone, surpassing $20 billion in revenue. However, the company's CFO, Sandeep Aujla, described the current phase as a "reset to reaccelerate," indicating a strategic shift. Intuit is prioritizing the rebuilding of its customer-acquisition engine, even if it means sacrificing short-term revenue gains. This move suggests a long-term focus on sustainable growth and market positioning over immediate financial performance. Investors will be watching to see if this strategic pullback yields future market share expansion and enhanced customer loyalty.
- 8/25/2026NEGATIVEIntuit Sinks 11% on Weak Outlook as Nvidia Earnings Loom | Closing Bell
Intuit Inc. experienced a significant decline, with its stock price dropping 11% following the release of a weak financial outlook. This downturn occurred as investors awaited earnings reports from other major tech companies, including Nvidia. The company's forward-looking guidance failed to meet market expectations, raising concerns about future growth prospects and potentially impacting its valuation. Investors are now reassessing their positions in Intuit amid this cautious outlook, while the broader market remains focused on upcoming corporate results.
- 8/24/2026NEUTRALPrevisioni sul titolo Intuit prima degli utili: compra, vendi o tieni?
Intuit Inc. (INTU) stock has seen a significant surge, climbing 46% from its yearly low to reach $367, its highest point since May 20th. This upward trend mirrors the broader software sector's performance, with investors actively buying dips. However, this rally faces a crucial test as the company prepares to release its financial results. Intuit, a major software player known for QuickBooks, Credit Karma, Mailchimp, and TurboTax, is navigating market concerns, including the 'SaaSpocalypse' fears, which could impact its upcoming earnings report and future stock performance.
- 6/14/2026NEGATIVEIntuit, Adobe, Zscaler, Workday Plunge Amid SaaSpocalypse Fears: Buy The Dip?
Intuit Inc. (INTU) experienced a significant price decline, alongside other major software-as-a-service (SaaS) providers like Adobe (ADBE), Zscaler (ZS), and Workday (WDAY). This downturn is attributed to 'SaaSpocalypse fears,' suggesting investor concerns about the long-term sustainability or growth prospects of the SaaS business model. The sharp drop in these prominent tech stocks indicates a potential shift in market sentiment, prompting questions about whether this is a buying opportunity or a signal of deeper systemic issues within the sector. Investors are closely monitoring these developments for potential sector-wide implications.
- 6/2/2026NEGATIVEIntuit Stock Slides After Goldman Downgrades To Sell
Intuit Inc. (NASDAQ:INTU) experienced a significant stock price decline following a downgrade from Goldman Sachs to a 'Sell' rating. The downgrade signals a bearish outlook from a key financial institution, suggesting potential headwinds or overvaluation concerns for the financial software company. Investors are likely reacting to the analyst's revised assessment, leading to increased selling pressure and a downward revision of the stock's price target. This move could indicate a shift in market sentiment towards Intuit, potentially impacting its future performance and investor confidence.
- 5/27/2026POSITIVEBofA Securities Analyst Sees Intuit Rebound Despite Layoffs, DIY Tax Weakness, AI Pressure
BofA Securities has initiated coverage on Intuit Inc. with a positive outlook, despite recent challenges including layoffs and weakness in its DIY tax segment, alongside pressure from AI advancements. The firm highlights Intuit's robust profit margins and a significant growth runway as key drivers for its optimistic stance. The analysis suggests that improving fundamental factors within the company are poised to support a rebound in its stock performance. Investors may find this a compelling signal for potential upside, as BofA Securities points to underlying strengths that could outweigh current headwinds.
- 5/21/2026NEGATIVEIntuit Stock Cracks After Layoffs, TurboTax Warning
Intuit Inc. saw its stock price decline following a series of negative developments. The company announced significant layoffs and issued a warning regarding weaker trends for its TurboTax product. These factors, coupled with restructuring plans, overshadowed the reported earnings growth. For investors, this signals potential headwinds in key business segments and operational challenges, raising concerns about future revenue streams and profitability despite current earnings figures.
via Markets Gazette