Intuit
Intuit returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jul 31, 2026 | 19.95% | 22.12% | — | 23.6% | 12.38% | 10.7 pp |
| FY 2026 Q3 | Apr 30, 2026 | 20.88% | 21.29% | 93.67% | 22.5% | 12.08% | 11.6 pp |
| FY 2026 Q2 | Jan 31, 2026 | 19.59% | 21.82% | 239.34% | 23.46% | 13.16% | 10.3 pp |
| FY 2026 Q1 | Oct 31, 2025 | 19.02% | 20.64% | 197.7% | 21.99% | 12.41% | 9.7 pp |
| FY 2025 Q4 | Jul 31, 2025 | 18.05% | 19.22% | 47.08% | 20.29% | 11.2% | 8.7 pp |
| FY 2025 Q3 | Apr 30, 2025 | 17.08% | 16.94% | 64.97% | 17.84% | 10.18% | 7.8 pp |
| FY 2025 Q2 | Jan 31, 2025 | 14.46% | 15.92% | 63.52% | 17.43% | 9.9% | 5.2 pp |
| FY 2025 Q1 | Oct 31, 2024 | 14.1% | 14.95% | 116.36% | 16.62% | 9.46% | 4.8 pp |
| FY 2024 Q4 | Jul 31, 2024 | 14.63% | 14.93% | 161.89% | 16.6% | 9.89% | 5.3 pp |
| FY 2024 Q3 | Apr 30, 2024 | 15.46% | 15.22% | 2,184.05% | 16.9% | 10.16% | 6.2 pp |
| FY 2024 Q2 | Jan 31, 2024 | 13.44% | 14.83% | 6,877.11% | 16.92% | 9.74% | 4.1 pp |
| FY 2024 Q1 | Oct 31, 2023 | 12.87% | 14.27% | 349.97% | 15.64% | 9.3% | 3.6 pp |
| FY 2023 Q4 | Jul 31, 2023 | 12.19% | 13.06% | — | 14.14% | 8.59% | 2.9 pp |
| FY 2023 Q3 | Apr 30, 2023 | 11.58% | 12.34% | -84.59% | 12.96% | 7.8% | 2.3 pp |
| FY 2023 Q2 | Jan 31, 2023 | 9.65% | 11.42% | -34.33% | 12.38% | 7.27% | 0.3 pp |
| FY 2023 Q1 | Oct 31, 2022 | 13.22% | 13.44% | -0.34% | 14.56% | 8.95% | 3.9 pp |
| FY 2022 Q4 | Jul 31, 2022 | 13.98% | 13.91% | 0.65% | 15.71% | 9.55% | 4.7 pp |
| FY 2022 Q3 | Apr 30, 2022 | 17.21% | 16.06% | 3.71% | 18.59% | 11.3% | 7.9 pp |
| FY 2022 Q2 | Jan 31, 2022 | 14.33% | 14.56% | 3.65% | 17.76% | 10.62% | 5 pp |
| FY 2022 Q1 | Oct 31, 2021 | 36.56% | 24.51% | 0.8% | 27.93% | 17.02% | 27.3 pp |
| FY 2021 Q4 | Jul 31, 2021 | 35.46% | 24.68% | 2.86% | 27.54% | 15.59% | 26.2 pp |
| FY 2021 Q3 | Apr 30, 2021 | 40.63% | 28.52% | 10.44% | 28.95% | 18.09% | 31.3 pp |
| FY 2021 Q2 | Jan 31, 2021 | 29.96% | 25.34% | 1.88% | 27.74% | 16.4% | 20.7 pp |
| FY 2021 Q1 | Oct 31, 2020 | 87.43% | 39.65% | — | 44.31% | 24.76% | 78.1 pp |
| FY 2020 Q4 | Jul 31, 2020 | 88.14% | 37.14% | — | 41.24% | 21.22% | 78.8 pp |
| FY 2020 Q3 | Apr 30, 2020 | 88.96% | 31.83% | — | 30.35% | 18.21% | 79.7 pp |
| FY 2020 Q2 | Jan 31, 2020 | 69.87% | 48.81% | 32.22% | 50.01% | 27.1% | 60.6 pp |
| FY 2020 Q1 | Oct 31, 2019 | 69.43% | 48.25% | 94.33% | 49.26% | 28.44% | 60.1 pp |
| FY 2019 Q4 | Jul 31, 2019 | 91.7% | 50.25% | 41.53% | 51.02% | 27.17% | 82.4 pp |
| FY 2019 Q3 | Apr 30, 2019 | 122.36% | 49.96% | 120.42% | 51.29% | 25.98% | 113.1 pp |
| FY 2019 Q2 | Jan 31, 2019 | 92.33% | 67.58% | 51.48% | 74.48% | 28.77% | 83 pp |
| FY 2019 Q1 | Oct 31, 2018 | 79.37% | 58.39% | 26.82% | 63.34% | 28.07% | 70.1 pp |
| FY 2018 Q4 | Jul 31, 2018 | 94.94% | 57.73% | 1,435.18% | 65.32% | 26.2% | 85.6 pp |
| FY 2018 Q3 | Apr 30, 2018 | 121.91% | 56.41% | 72.61% | 58.41% | 22.05% | 112.6 pp |
| FY 2018 Q2 | Jan 31, 2018 | 98.1% | 81.32% | 58.94% | 97.84% | 20.49% | 88.8 pp |
| FY 2018 Q1 | Oct 31, 2017 | 92.8% | 75.64% | 340.98% | 92.01% | 24.61% | 83.5 pp |
| FY 2017 Q4 | Jul 31, 2017 | 87.15% | 67.67% | 63% | 77.22% | 23.35% | 77.8 pp |
| FY 2017 Q3 | Apr 30, 2017 | 148.16% | 59.3% | 34.11% | 61.6% | 18.31% | 138.9 pp |
| FY 2017 Q2 | Jan 31, 2017 | 67.81% | 66.67% | — | 135.9% | 22.22% | 58.5 pp |
| FY 2017 Q1 | Oct 31, 2016 | 78.37% | 65.44% | — | 98.64% | 25.24% | 69.1 pp |
| FY 2016 Q4 | Jul 31, 2016 | 54.84% | 47.56% | — | 56.05% | 21.24% | 45.5 pp |
| FY 2016 Q3 | Apr 30, 2016 | 78.16% | 44.55% | — | 57.89% | 20.19% | 68.9 pp |
| FY 2016 Q2 | Jan 31, 2016 | 24.42% | 30.72% | — | 33.92% | 10.59% | 15.1 pp |
| FY 2016 Q1 | Oct 31, 2015 | 19.26% | 23.08% | — | 21.02% | 9.42% | 10 pp |
| FY 2015 Q4 | Jul 31, 2015 | 18.02% | 21.07% | — | 13.49% | 7.18% | 8.7 pp |
| FY 2015 Q3 | Apr 30, 2015 | 17.05% | 17.95% | — | 11.58% | 5.91% | 7.7 pp |
| FY 2015 Q2 | Jan 31, 2015 | 35.97% | 40.4% | 36.89% | 35.08% | 16.16% | 26.7 pp |
| FY 2015 Q1 | Oct 31, 2014 | 32.24% | 38.74% | 3.63% | 32.38% | 18.32% | 22.9 pp |
| FY 2014 Q4 | Jul 31, 2014 | 29.95% | 32.91% | — | 27.45% | 16.97% | 20.7 pp |
| FY 2014 Q3 | Apr 30, 2014 | 36.14% | 32.01% | — | 27.03% | 16.11% | 26.8 pp |
| FY 2014 Q2 | Jan 31, 2014 | 28.35% | 33.14% | — | 30.16% | 15.46% | 19.1 pp |
| FY 2014 Q1 | Oct 31, 2013 | 30.58% | 37.98% | — | 34.86% | 20.23% | 21.3 pp |
| FY 2013 Q4 | Jul 31, 2013 | 28.57% | 32.34% | 31.76% | 27.35% | 16.87% | 19.3 pp |
| FY 2013 Q3 | Apr 30, 2013 | — | 31.46% | — | 27.42% | 16.07% | — |
| FY 2013 Q2 | Jan 31, 2013 | — | 33.93% | — | 31.51% | 15.72% | — |
| FY 2013 Q1 | Oct 31, 2012 | — | 36.65% | — | 32.78% | 18.24% | — |
| FY 2012 Q4 | Jul 31, 2012 | 27.31% | 35.01% | — | 29.55% | 16.17% | 18 pp |
| FY 2012 Q3 | Apr 30, 2012 | — | 32.44% | — | 25.85% | 13.69% | — |
| FY 2012 Q2 | Jan 31, 2012 | — | 34.4% | — | 30.48% | 13.78% | — |
| FY 2012 Q1 | Oct 31, 2011 | — | 29.68% | — | 25.72% | 13.3% | — |
| FY 2011 Q4 | Jul 31, 2011 | 20.34% | 27.66% | — | 23.32% | 12.3% | 11 pp |
| FY 2011 Q3 | Apr 30, 2011 | — | 26.62% | — | 22.64% | 11.7% | — |
| FY 2011 Q2 | Jan 31, 2011 | — | 24.09% | — | 23.45% | 10.88% | — |
| FY 2011 Q1 | Oct 31, 2010 | — | 23.73% | — | 23.41% | 12.17% | — |
| FY 2010 Q4 | Jul 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Apr 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jan 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q1 | Oct 31, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 9.3%, rounded from the Software · System & Application benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · INTU, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.