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Intuit (INTU) Company Profile

Updated Jun 19, 2020
Intuit has the following business profile:
Company's Full Name:Intuit Inc.
Short Name:Intuit
Trading Ticker Symbol:INTU
Primary Exchange:NASDAQ
Headquarter City/Country:Mountain View, California
Primary Industry Sector:Technology
Seconday Sub-sector:Computer Software-Prepackaged Software
Main Business Areas: Technology, Computer Software-Prepackaged Software, Application Software, NASDAQ, Software, ESG, S&P 500
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Intuit stock

Market and Trading Information for Intuit

The following details were available for trading and market data about the stock of Intuit as of writing:
Current Share Price:$286.32
Previous Year's Closing Price:$261.93
Percentage Price Change (YTD):9.31%
Market Cap:$74.66 billion
52-week Price Range:$187.68 - $306.89
Dividend Per Share:$2.06
EPS (TTM):5.07
Price-Earnings (Trailing):56.47
Price-Earnings (Forward):35.13

Company Profile and Business Description for Intuit

Intuit Inc., incorporated on February 1, 1993, is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and ProConnect. The Small Business segment serves and advises small businesses and the accounting professionals and includes QuickBooks financial and business management online services and desktop software, payroll solutions, and payment processing solutions. The Small Business segment also includes third-party applications that integrate with the Company's offerings. The Consumer Tax segment targets consumers and includes TurboTax income tax preparation products and services. The ProConnect segment targets professional accountants in the United States and Canada. Its ProConnect professional tax offerings include Lacerte, ProSeries, ProFile and ProConnect Tax Online.

Small Business segment

The Company's Small Business segment includes online ecosystem and desktop ecosystem solutions for small businesses and the accounting professionals serving and advising them. The Company's Small Business Online Ecosystem Solutions include QuickBooks Online, Online Payroll solutions, Online Payments Solutions and Intuit Developer Group. Its Small Business Desktop Ecosystem Solutions include QuickBooks Desktop, Desktop Payroll solutions, Desktop Payments solutions, QuickBooks Technical Support and financial supplies. Its QuickBooks Online offers financial management tools that are accessible from personal computers and mobile devices. QuickBooks Online enables users to track income and expenses, create invoices and estimates, manage and pay bills and review a range of financial reports. Its online offerings for small businesses include QuickBooks Online Simple Start, for independent contractors and solo entrepreneurs; QuickBooks Online Simple Start, for smaller, less complex businesses, and QuickBooks Online Essentials and QuickBooks Online Plus, for complex businesses. Its online offering for accounting professionals is QuickBooks Online Accountant, which provides the tools and file-sharing features they need to complete bookkeeping and financial reporting tasks. QuickBooks Self-Employed is available online and through a mobile application. QuickBooks Self-Employed includes categorization of business and personal transactions through account connection, identification and classification of tax deductible expenses, mileage tracking, calculation of estimated quarterly taxes, home office deduction tracking, healthcare deduction tracking, and when combined with TurboTax, export and payment of year-end taxes. The Company's QuickBooks ProAdvisor program is a membership, which provides Quickbooks Online Accountant and QuickBooks Online Payroll services, technical support, training, product certification, access to marketing tools, and discounts on Intuit products and services purchased on behalf of clients.

As of December 31, 2015, the Company offered two online payroll solutions that it sells on a subscription basis and are integrated with its Quickbooks Online and QuickBooks desktop offerings. QuickBooks Online Payroll includes online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state payroll tax forms. QuickBooks Full Service Payroll provides payroll services to QuickBooks customers who prefer not to perform payroll tasks themselves. Intuit Online Payroll provides small business payroll services that do not require the use of QuickBooks, including federal and state payroll tax forms. The Company also offers an Intuit Online Payroll mobile application for smartphones. Intuit Full Service Payroll provides payroll services to customers who prefer not to perform payroll tasks themselves and does not require the use of QuickBooks. This offering includes processing of payrolls based on information submitted online by the payroll customer, direct deposit of employee paychecks, electronic payment of federal and state payroll taxes, electronic filing of federal and state payroll tax forms, and preparation and issuance of year end W-2 forms.

The Company's Online Payments solutions include a range of merchant services to small businesses that include credit card, debit card, electronic benefits and gift card processing services; check verification, check guarantee and electronic check conversion, including automated clearing house (ACH) capabilities, and Web-based transaction processing services for online merchants. In addition, it provides a range of support for its clients, which includes customer service, merchant and consumer collections, chargeback and retrieval support, and fraud and loss prevention screening. The Company also offers e-invoicing, which allows small businesses to e-mail invoices directly from QuickBooks with a Pay Now link and enables customers to pay online or from their mobile device. Its GoPayment allows users to accept credit card payments using a smartphone or tablet device. The customers can enter the credit card information manually or use a card reader that attaches to the phone to capture the information. The customers can also send electronic receipts to their customers through e-mail or text message.

The Company's Intuit Developer Group provides the tools, which the developers need to create online and mobile applications that personalize and add value to QuickBooks. The platform allows developers to build applications that integrate with QuickBooks data and solve the needs of its customers. Developers can create applications using any development platform they choose, and pass a standards and security check before offering their programs to customers. Its applications are available at apps.com. At apps.com, QuickBooks users can find, buy and use applications connected to the platform.

The Company's desktop software offerings include QuickBooks Desktop Pro and QuickBooks Desktop for Mac, which provide accounting functionality for small businesses; QuickBooks Desktop Premier, which provides small businesses with advanced accounting functionality and business planning tools, and QuickBooks Enterprise, which is designed for larger businesses. QuickBooks Desktop Pro Plus, QuickBooks Desktop Premier Plus and QuickBooks Enterprise with Hosting are subscription versions of these offerings. QuickBooks Desktop Premier and Premier Plus, and QuickBooks Enterprise provide reports and features for a range of industries, including contractor, manufacturing and wholesale, nonprofit and retail. Its offerings for accounting professionals include QuickBooks Accountant Desktop software and QuickBooks Accountant Desktop Plus subscriptions. They provide the tools and file-sharing capabilities needed to complete bookkeeping and financial reporting tasks. Its QuickBooks ProAdvisor Program Desktop Add-On is a membership for professional accountants that provides QuickBooks Accountant Desktop Plus, QuickBooks Enterprise Accountant, QuickBooks Desktop for Mac, QuickBooks Point of Sale Multi Store, technical support, training, product certification, access to marketing tools, and discounts on Intuit products and services purchased on behalf of clients.

The Company's Desktop Payroll solutions include a range of products sold on a subscription basis to small businesses that use QuickBooks desktop software and prepare their own payroll or want some assistance with preparing their payroll. The Company also sells its Desktop Payroll solutions to accountants using QuickBooks desktop software and allow their clients manage their payrolls. Its products include QuickBooks Basic Payroll, QuickBooks Enhanced Payroll and QuickBooks Enhanced Payroll for Accountants. Its QuickBooks Basic Payroll provides payroll tax tables, direct deposit of employee paychecks and payroll reports. Its QuickBooks Enhanced Payroll provides payroll tax tables, direct deposit of employee paychecks, payroll reports, federal and state payroll tax forms, and eFile and Pay for federal and state payroll taxes. Its QuickBooks Enhanced Payroll for Accountants has a range of accountant-specific features in addition to the features in QuickBooks Enhanced Payroll. The Company also offers QuickBooks Assisted Payroll, through which it provides the back-end aspects of payroll processing, including tax payments and filings, for customers processing their payrolls using QuickBooks desktop software.

The Company's Desktop Payments solutions offer a range of merchant services to small businesses, which include credit card, debit card, electronic benefits and gift card processing services; check verification, check guarantee, and electronic check conversion, including automated clearing house (ACH) capabilities. In addition to transaction processing services, the Company provides a range of support for its clients that includes customer service, merchant and consumer collections, chargeback and retrieval support, and fraud and loss prevention screening. It also offers e-invoicing, which allows small businesses to e-mail invoices directly from QuickBooks with a Pay Now link and enables customers to pay online or from their mobile device. The Company offers Basic, Pro and Multi Store versions of QuickBooks Point of Sale, which allows retailers to process sales using barcodes, track inventory and customer purchases, and integrates with QuickBooks Pro, Premier and Enterprise Solutions. The Point of Sale Pro version has inventory and employee commission tracking capabilities. The Point of Sale Multi Store version provides all of the features of the Point of Sale Pro version and the ability to manage multiple stores from a single office. The Company sells its software products with or without the accompanying hardware and technical support.

The Company's QuickBooks Technical Support offers a range of technical support options to QuickBooks customers. The Company's QuickBooks Technical Support offerings include support plans that are sold separately and priced based on the length of the plan. It also offers a limited amount of free technical support assistance to customers, a free self-help information section on its QuickBooks.com Website and free access to the QuickBooks Community, an online forum where QuickBooks users can share information with each other. It offers a range of financial supplies designed for individuals and small businesses that use QuickBooks. Its financial supplies include standard paper checks and Secure Plus checks with CheckLock fraud protection features; envelopes, invoices and deposit slips, and business identity products, such as business cards and stationery. It also offers tax forms, tax return presentation folders and other supplies for professional tax preparers.

The Company competes with The Sage Group plc, Xero, Automatic Data Processing, Inc., Paychex, Wells Fargo, JP Morgan Chase, Bank of America, N.A., First Data Corporation, Elavon, Global Payments, FIS, PayPal and Square.

Consumer Tax segment

The Company's Consumer Tax segment offers TurboTax products and services, which are designed to enable individuals to prepare and file their own federal and state personal income tax returns. Its TurboTax products and services are available on mobile devices, such as smartphones and tablets. The Consumer Tax segment offers tax return preparation offerings, electronic filing and other services, and Intuit Tax Freedom Project. Its Tax Return Preparation Offerings include TurboTax Basic, for simple returns; TurboTax Deluxe, for taxpayers itemizing deductions; TurboTax Premier, for taxpayers owning investments or rental property, and TurboTax Home and Business, for small business owners. The Company also offers TurboTax Free Edition for the simplest returns. It offers live tax advice from the United States-based tax professionals to TurboTax customers. Its TurboTax Answer Exchange is an online forum where participants can learn from and share information with other users while preparing their income tax returns. Its TurboTax U.S. and Canada offerings include desktop, online and mobile offerings.

The Company's electronic filing and other services enable its desktop, online and mobile tax preparation customers to file their federal and state income tax returns through its electronic filing center. It also offers audit defense, audit support and identity restoration services. Under the Intuit Tax Freedom Project, the Company provides online federal and state income tax return preparation and electronic filing services at no charge to eligible taxpayers.

The Company competes with H&R Block, Blucora, SimpleTax, StudioTax and UFile.

ProConnect segment

The Company's ProConnect professional tax offerings enable accountants to complete and electronically file a range of consumer, small business, and commercial federal and state tax returns with both desktop and online offerings. The Company offers Lacerte for accounting firms handling complex returns. As of December 31, 2015, the Company offered two versions of its ProSeries software: ProSeries Professional Edition, designed for year-round tax practices handling moderately complex tax returns, and ProSeries Basic Edition, designed for the needs of smaller and seasonal tax practices. ProConnect Tax Online is a cloud-based solution, which is designed for year-round practices preparing moderately complex consumer and small business returns and integrates with the Company's QuickBooks Online offerings. ProFile is the Company's Canadian tax offering, which serves year-round full-service accounting firms for both consumer and business tax returns. The Company offers a range of tax-related services that complement the tax return preparation process, including year-round document storage and access, collaboration services, e-signature, and bank products.

2700 Coast Ave

ETFs Holding Intuit Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Intuit stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Intuit stock holding. There are a total of 189 ETFs in Fknol.com records which are holding Intuit stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
DFNDReality Shares DIVCON Dividend Defender ETFThe Reality Shares DIVCON Dividend Defender ETF tracks an index of dividend-paying US large-cap stocks that are likely to increase dividends, while shorting those that are unlikely to do so. At rebalance, the fund is 75% long, 25% short. ...Full Details1.38%74
Full List
Semi-Annually
ACIMSPDR MSCI ACWI IMI ETFThe SPDR MSCI ACWI IMI ETF tracks a market-cap-weighted index of global stocks covering 98% of the capitalization of the developed and emerging markets. ...Full Details0.25%906
Full List
Semi-Annually
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
ACWViShares Edge MSCI Min Vol Global ETFThe iShares Edge MSCI Min Vol Global ETF tracks an index of large- and midcap global stocks selected and weighted to create a low volatility portfolio subject to constraints including sector exposure. ...Full Details0.2%426
Full List
Semi-Annually
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
Annually
CHGXChange Finance Diversified Impact US Large Cap Fossil Fuel Free ETFCHGX tracks an index of 100 US large-cap stocks that meet diverse environmental, social, and governance standards. ...Full Details0.49%101
Full List
Annually
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
Semi-Annually
CSMProshares Large Cap Core PlusThe ProShares Large Cap Core Plus ETF tracks a long/short index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure. ...Full Details0.45%320
Full List
Quarterly
DEFInvesco Defensive Equity ETFThe Invesco Defensive Equity ETF tracks an index that aims to outperform in down markets while maintaining upside potential. The equal-weighted index picks 100 US stocks using proprietary methods. ...Full Details0.6%101
Full List
Annually

See Full List of ETFs holding Intuit stock in their respective portfolios.

Peer / Competitor Companies of Computer Software-Prepackaged Software Sector

Along with Intuit Inc., the following other peer (competitor) companies also exist within the same Computer Software-Prepackaged Software - Technology sector whose company profile and dividend history is as follows:

▶ 2U (TWOU): 2U, Inc., incorporated on April 2, 2008, is a provider of an integrated solution consisting of cloud-based software-as-a-service (SaaS) combined with technology-enabled services (together, the Platform) that allows colleges and ....See Detailed Company Profile,  Dividend History

▶ 3D (DDD): 3D Systems Corporation, incorporated on May 14, 1993, is a holding company. The Company provides three-dimensional (3D) printing solutions, including 3D printers, print materials, software, on demand manufacturing services and ....See Detailed Company Profile,  Dividend History

▶ 9F Inc (JFU): 9F Inc. operates an online consumer finance platform that integrates and personalizes financial services in the People's Republic of China. It offers digital financial accounts; revolving and non-revolving loan products to borrowers, as well as traffic referral services to institutional funding partners; and a suite of online wealth management products, such as fixed income products, stocks, insurance,....See Detailed Company Profile,  Dividend History

▶ ACI Worldwide (ACIW): ACI Worldwide, Inc., incorporated on November 2, 1993, develops, markets, installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company also distributes ....See Detailed Company Profile,  Dividend History

▶ Activision Blizzard (ATVI): Activision Blizzard, Inc., incorporated on February 17, 2000, is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ Adobe (ADBE): Adobe Systems Incorporated, incorporated on May 9, 1997, is a software company. The Company offers a line of products and services used by professionals, marketers, knowledge workers, application developers, enterprises ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ Alarm.com (ALRM): Alarm.com Holdings, Inc. provides cloud-based software platform solutions for smart residential and commercial properties in the United States and internationally. The company provides interactive sec....See Detailed Company Profile,  Dividend History

▶ American Software (AMSWA): American Software, Inc. (American Software), incorporated on May 21, 1970, develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions ....See Detailed Company Profile,  Dividend History

▶ ANSYS (ANSS): ANSYS, Inc. (ANSYS), incorporated on January 12, 1994, develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a range of industries and academia, ....See Detailed Company Profile,  Dividend History

▶ AppFolio (APPF): AppFolio, Inc., incorporated on September 22, 2006, is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Companys ....See Detailed Company Profile,  Dividend History

▶ Atlassian (TEAM): Atlassian Corporation Plc, incorporated on November 14, 2013, is a holding company. The Company offers a range of team collaboration products. The Company offers products, including JIRA, Confluence, HipChat, Bitbucket ....See Detailed Company Profile,  Dividend History

▶ Autodesk (ADSK): Autodesk, Inc. (Autodesk), incorporated on May 10, 1994, is a design software and services company, offering customers productive business solutions through technology products and services. The Company serves customers in ....See Detailed Company Profile,  Dividend History

▶ Avid Technology (AVID): Avid Technology, Inc., incorporated on October 4, 1987, provides an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and ....See Detailed Company Profile,  Dividend History

▶ Aware (AWRE): Aware, Inc. provides software and services for the biometrics industry in the United States, the United Kingdom, Brazil, and internationally. It offers biometrics software products, including biometri....See Detailed Company Profile,  Dividend History

▶ Bazaarvoice (BV): BrightView Holdings, Inc. provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segme....See Detailed Company Profile,  Dividend History

▶ Benefitfocus (BNFT): Benefitfocus, Inc. (Benefitfocus), incorporated on March 12, 2013, is a provider of cloud-based benefits management platform for consumers, employers, insurance carriers and brokers. The Benefitfocus Platform allows how organizations and ....See Detailed Company Profile,  Dividend History

▶ Bill.Com (BILL): Bill.com Holdings, Inc. provides cloud-based software that digitizes and automates back-office financial operations for small and midsize businesses worldwide. It offers artificial-intelligence (AI)-enabled financial software platform. The company provides software-as-a-service, cloud-based payments products, which allow users to automate accounts payable and accounts receivable transactions, as well a....See Detailed Company Profile,  Dividend History

▶ Blackbaud (BLKB): Blackbaud, Inc. provides cloud software solutions to nonprofits, foundations, companies, education institutions, healthcare organizations, individual change agents, and other charitable giving entitie....See Detailed Company Profile,  Dividend History

▶ Bottomline (EPAY): Bottomline Technologies (de), Inc., incorporated on August 12, 1997, is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company ....See Detailed Company Profile,  Dividend History

▶ Box (BOX): Box, Inc. provides cloud content management platform that enables organizations of various sizes to manage and share their enterprise content from anywhere or any device. The company's Software-as-a-S....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Computer Software-Prepackaged Software Sector.

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