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Intuit INTU

$ 619.83 -0.31%

Annual report 2024
added 09-04-2024

report update icon

Country

usaUSA

IPO year

1993

Industry

Software

Stock Exchange

NASDAQ GLOBALSPB

CEO

Mr. Sasan Goodarzi

Employees in the company

17 300

Shares

280 M

Market Cap[1]

$ 174 B

EBITDA (LTM)

$ 4.49 B

P/E (LTM)

58.14

P/S (LTM)

9.93

EPS (LTM)

11.39

Intuit (INTU) is an American software company that specializes in financial and accounting software for individuals and businesses. Founded in 1983, the company is headquartered in Mountain View, California.

Intuit's flagship products include QuickBooks, a popular accounting software for small businesses, and TurboTax, a tax preparation software for individuals. The company also offers other financial management tools such as Mint, a personal finance app, and ProConnect, a suite of professional tax preparation software.

In recent years, Intuit has been focusing on expanding its offerings to include cloud-based solutions and artificial intelligence-powered tools. The company has also been investing in mobile technology to make its products more accessible to users on-the-go.

INTU is committed to promoting financial literacy and helping individuals and businesses manage their finances more effectively. The company has launched various initiatives to support small businesses and entrepreneurs, including the Small Business Relief Initiative in response to the COVID-19 pandemic.

However, Intuit has faced criticism over its pricing policies and customer service. The company has pledged to address these issues and improve its overall customer experience.

Overall, Intuit remains a major player in the financial software industry and is dedicated to providing innovative solutions for individuals and businesses alike.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.