Intuit Inc
NASDAQ:INTU
Operating Margin
Intuit Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Intuit Inc
NASDAQ:INTU
|
175.5B USD |
24%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
-132%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
297.8B EUR |
26%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
269.8B USD |
11%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
257.2B USD |
20%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
165.1B USD |
36%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
110.6B USD |
1%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
93.4B USD |
-14%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
91.6B USD |
40%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
81.7B USD |
31%
|
|
| CA |
|
Constellation Software Inc
TSX:CSU
|
105.3B CAD |
15%
|
Intuit Inc
Glance View
Intuit Inc., a powerhouse in financial software, has evolved from its humble beginnings in the mid-1980s, when Scott Cook and Tom Proulx envisioned a seamless way for individuals to manage personal finances. The cornerstone of their vision was Quicken, a groundbreaking product that simplified checkbook balancing and financial tracking, swiftly gaining a loyal customer base. This inspired Intuit to expand its software offerings, delving into the complexities of tax preparation and small business management. TurboTax emerged as a dominant force in the tax software arena, revolutionizing how consumers and small businesses navigate the labyrinth of tax codes. QuickBooks soon followed, providing an indispensable tool for small businesses to streamline their accounting processes, manage payroll, and handle invoices with minimal effort. Today, Intuit earns its robust revenues by employing a subscription-based model for these flagship products, combining user-friendly interfaces with sophisticated, cloud-driven analytics that offer unparalleled financial insights. The company has deftly embraced the digital age by leveraging cloud technology, artificial intelligence, and machine learning to offer tailored solutions, thus driving customer loyalty through continuous innovation. By bundling these services and expanding through strategic acquisitions—such as Mint, a personal finance app, and Credit Karma, a credit and financial management platform—Intuit continues to diversify its portfolio and reinforce its position in the financial technology landscape. Through a mix of direct-to-consumer sales and partnerships with financial institutions, Intuit sustains its formidable presence, addressing the financial needs of millions across the globe.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Intuit Inc's most recent financial statements, the company has Operating Margin of 23.6%.
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