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XStocksXray
Research report · 16 October 2026

Intuit Inc. (INTU)

Information Technology · Application Software · US stock · price as of 16 Oct 2026

Key indicators

Price$325.15
52-week range$250.56 – $679.59
Market cap$90.1B
P/E (trailing)19.8×
EV / EBITDA15.8×
Free-cash-flow yield9.6%
Dividend yield1.5%
Revenue (last 12 months)$21.4B
Revenue growth (3y a year)14.3%
Operating margin27.4%
Return on invested capital19.7%
Net debt / EBITDA0.6×

Fair value

Blended fair value$504.82 range $480 – $530
Versus priceUndervalued+55% to fair value
Peer multiples$590.29
Fundamentals-adjusted multiple$466.22
10-year DCF (market-scaled)$457.94
Earnings power value (floor, not blended)$122.53
Model uncertaintyMedium

X-Ray Score

72/ 100 · High confidence · ahead of 95% of sector peers
Valuation87
Growth68
Profitability64
Financial health66
Dividends73

Five-year price chart navy: price · brown: 200-day average · blue band: fair value range

220372524675827Fair value $5052021-102023-012024-042025-072026-10

Executive summary

Intuit builds financial software for consumers, small businesses and accountants. Its products include TurboTax for tax preparation, QuickBooks for accounting and payroll, Credit Karma for personal finance and Mailchimp for marketing. Revenue comes from software subscriptions, transaction and payment fees, advertising and referral income, and it is concentrated around the annual tax filing season in the United States.

Intuit Inc. generated $21.4 billion in revenue during the last twelve months. The three-year revenue growth rate is 14.3% a year. Operating margin stands at 27.4%, showing profit left after running costs. Return on invested capital stands at 20%. Net debt is 0.6 times of EBITDA. A dividend is paid, with a yield of 1.5%.

StocksXray gives Intuit Inc. an X-Ray Score of 72 out of 100 (high confidence), ahead of 95% of the S&P 500 stocks in its sector. Its strongest lens is valuation (87) and its weakest is profitability (64).

Our fair value blend is $504.82 (range $479.81 to $529.83). At $325.15 the stock trades 36% below that blend, so the label is "Undervalued" with medium model uncertainty. Fair value is a range, not a price target.

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Intuit Inc. (INTU)

Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months

FY2022FY2023FY2024FY2025FY2026Now
Price$440.17$497.43$633.10$772.80$314.60$325.15
Market cap$125.0B$140.8B$179.8B$218.7B$87.1B$90.1B
P/E60.5×59.1×60.7×56.5×19.1×19.8×
EV / revenue10.1×10.0×11.2×11.8×4.2×4.3×
EV / EBITDA50.0×45.9×50.2×45.1×15.3×15.8×
Price / free cash flow33.5×29.1×38.3×35.7×10.1×10.4×
Free-cash-flow yield3.0%3.4%2.6%2.8%9.9%9.6%
Price / book7.6×8.2×9.8×11.1×4.6×4.7×
Dividend yield0.62%0.63%0.57%0.54%1.53%1.53%

Fundamentals checklist ● 8 Good · ● 7 Average · ● 0 Bad · each check graded against the sector

Cash quality

Earnings backed by cash−11.6%Good
Free-cash-flow yield9.6%Good

Risk models

Altman Z score4.8×Average
Piotroski F-Score8 of 9Good

Growth

EPS growth (3y)25.0%Good
Free-cash-flow growth (3y)21.4%Average
Revenue growth (3y)14.3%Good
Growth consistency100%Good

Balance sheet

Current ratio1.5×Average
Net debt / EBITDA0.6×Average
Interest cover23.0×Average

Valuation

Fair value vs price1.6×Good
EBIT / EV yield6.3%Good

Profitability

Return on invested capital19.7%Average
Operating margin27.4%Average
stocksxray.com · page 2
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Intuit Inc. (INTU)

Financials US$ millions, from SEC filings; last column is the last twelve months

Income statementFY22FY23FY24FY25FY26LTM
Revenue12,72614,36816,28518,83121,44821,448
Gross profit––––––
Operating income2,5713,1413,6304,9235,8845,884
Net income2,0662,3842,9633,8694,5664,566
Diluted EPS ($)7.288.4210.4313.6716.4616.39
Free cash flow3,7324,8364,6936,1238,6638,663
Gross margin––––––
Operating margin20.2%21.9%22.3%26.1%27.4%27.4%
Net margin16.2%16.6%18.2%20.5%21.3%21.3%
Balance sheetFY22FY23FY24FY25FY26LTM
Total assets27,73427,78032,13236,95836,78636,786
Cash2,7962,8483,6092,8844,7054,705
Total debt6,9146,1206,0385,9737,6697,669
Equity16,44117,26918,43619,71018,99218,992
Dividend per share ($)2.723.123.604.164.804.80

Revenue and net income US$ billions: navy revenue, teal net income

FY22FY23FY24FY25FY26

Margins blue gross, teal operating, brown net

0%9%18%27%FY22FY23FY24FY25FY26

Latest quarters

Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026Jul 2026
Revenue ($M)7,7543,8313,8854,6518,5584,354
Growth vs a year earlier+15.1%+20.3%+18.3%+17.4%+10.4%+13.7%
Net income ($M)2,8203814466933,064363
Diluted EPS ($)10.02–1.592.4811.09–
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Intuit Inc. (INTU)

Peers in Application Software

CompanyX-Ray
INTU · Intuit Inc.72
ADBE · Adobe Inc.77
FICO · Fair Isaac Corp70
ADSK · Autodesk, Inc.67
PLTR · Palantir Technologies Inc.60

Market Compass outlook for Information Technology: Favourable (75/100). It blends regime history, macro sensitivity, momentum and valuation.

Returns

1 week+7.4%
1 month+4.3%
3 months+11.2%
6 months−16.6%
1 year−49.5%
3 years−38.3%
5 years−36.3%

Technical summary

DailyBullish9 bullish · 1 neutral · 6 bearish
WeeklyNeutral5 bullish · 1 neutral · 6 bearish
MonthlyStrongly bearish0 bullish · 1 neutral · 7 bearish
50-day / 200-day average$319.72 / $372.03
52-week low / high$250.56 / $679.59
Classic pivot, support and resistanceS2 312.02 · S1 318.59 · P – · R1 333.99 · R2 342.82

Recent dividends

Ex-dividend dateAmount per share
8 Oct 2026$1.3800
9 Jul 2026$1.2000
9 Apr 2026$1.2000
9 Jan 2026$1.2000
9 Oct 2025$1.2000
10 Jul 2025$1.0400
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Intuit Inc. (INTU)

Strengths

  • Revenue growth of 14.3% a year over three years is ahead of 71% of its sector peers.
  • Free-cash-flow yield of 9.6% is ahead of 94% of its sector peers.
  • Piotroski F-Score of 8 out of 9: most of the nine accounting health tests pass.
  • Has raised its dividend for 7 years in a row.

Risks and weak spots

No check is weak against its sector.

Latest SEC filings

DateFormItems
9 Sep 202610-K
25 Aug 20268-K2.02,8.01,9.01
11 Jun 20268-K8.01,9.01
10 Jun 2026424B5
8 Jun 2026424B5
20 May 202610-Q
20 May 20268-K2.02,2.05,7.01,8.01,9.01
28 Apr 20268-K5.02

How to read this report

Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.

stocksxray.com · page 5 · generated 19 Oct 2026