Intuit revenue breakdown by business segment: 8.4% from ProConnect, 41.4% from Consumer Tax and 50.2% from Small Business
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|
Revenue | 4.5b | 4.2b | 4.7b | 5.2b | 6.0b |
Revenue growth, % | 8% | (7%) | 12% | 10% | |
Cost of goods sold | 112.0m | ||||
Gross profit | 5.9b | ||||
Gross profit Margin, % | 98% | ||||
Sales and marketing expense | 1.3b | 1.3b | 1.3b | 1.4b | 1.6b |
R&D expense | 758.0m | 798.0m | 881.0m | 998.0m | 1.2b |
General and administrative expense | 465.0m | 483.0m | 518.0m | 553.0m | 664.0m |
Operating expense total | 3.2b | 3.5b | 3.5b | 3.8b | 4.5b |
EBIT | 1.3b | 738.0m | 1.2b | 1.4b | |
EBIT margin, % | 29% | 18% | 26% | 27% | |
Interest expense | 31.0m | 27.0m | 35.0m | 31.0m | 20.0m |
Interest income | 31.0m | 1.0m | 4.0m | 3.0m | 26.0m |
Pre tax profit | 1.3b | 712.0m | 1.2b | 1.4b | 1.5b |
Income tax expense | 453.0m | 299.0m | 397.0m | 396.0m | 292.0m |
Net Income | 907.0m | 365.0m | 979.0m | 971.0m | 1.2b |
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|
Cash | 849.0m | 808.0m | 638.0m | 529.0m | 1.5b |
Accounts Receivable | 134.0m | 91.0m | 108.0m | 103.0m | |
Prepaid Expenses | 116.0m | 94.0m | 102.0m | 100.0m | |
Current Assets | 2.6b | 2.6b | 1.6b | 1.4b | 2.4b |
PP&E | 606.0m | 682.0m | 1.0b | 1.0b | 812.0m |
Goodwill | 1.6b | 1.3b | 1.3b | 1.3b | 1.6b |
Total Assets | 5.2b | 5.0b | 4.3b | 4.1b | 5.2b |
Accounts Payable | 161.0m | 190.0m | 184.0m | 157.0m | 178.0m |
Short-term debt | 512.0m | 50.0m | |||
Current Liabilities | 1.4b | 1.7b | 2.3b | 1.9b | 2.1b |
Long-term debt | 499.0m | 500.0m | 488.0m | 438.0m | 388.0m |
Total Debt | 499.0m | 500.0m | 1.0b | 488.0m | 388.0m |
Total Liabilities | 2.1b | 2.6b | 3.1b | 2.7b | 2.8b |
Additional Paid-in Capital | 3.6b | 4.0b | 4.4b | 4.9b | 5.3b |
Retained Earnings | 5.9b | 6.0b | 6.7b | 7.3b | 8.1b |
Total Equity | 3.1b | 2.3b | 1.2b | 1.4b | 2.4b |
Debt to Equity Ratio | 0.2 x | 0.2 x | 0.9 x | 0.4 x | 0.2 x |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.2 x | 0.1 x | 0.1 x |
Financial Leverage | 1.7 x | 2.1 x | 3.7 x | 3 x | 2.2 x |
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|---|
Net Income | 907.0m | 365.0m | 979.0m | 971.0m | 1.2b |
Depreciation and Amortization | 144.0m | 157.0m | 195.0m | 214.0m | 228.0m |
Accounts Receivable | (5.0m) | 24.0m | (20.0m) | 5.0m | 5.0m |
Accounts Payable | 15.0m | 35.0m | (23.0m) | 12.0m | |
Cash From Operating Activities | 1.4b | 1.5b | 1.4b | 1.6b | 2.1b |
Purchases of PP&E | (104.0m) | (142.0m) | (416.0m) | (102.0m) | (38.0m) |
Cash From Investing Activities | (49.0m) | (182.0m) | 371.0m | (85.0m) | (532.0m) |
Short-term Borrowings | (995.0m) | (150.0m) | |||
Long-term Borrowings | (512.0m) | (50.0m) | |||
Dividends Paid | (220.0m) | (283.0m) | (318.0m) | (353.0m) | |
Cash From Financing Activities | (1.6b) | (1.3b) | (1.9b) | (1.6b) | (634.0m) |
Net Change in Cash | (160.0m) | (41.0m) | (170.0m) | (109.0m) | |
Interest Paid | 32.0m | 32.0m | 37.0m | 42.0m | 19.0m |
Income Taxes Paid | 240.0m | 222.0m | 389.0m | 430.0m | 245.0m |
USD | Y, 2018 |
---|---|
EV/EBIT | -6 k x |
EV/CFO | -418.5 x |
Debt/Equity | 0.1 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.8 x |