C

Intuit Inc. — Earnings Quality Grade C

INTU · Technology

Some red flags

Revenue
$18.8B
2025
Net Income
$3.9B
2025
Gross Margin
79.6%
Free Cash Flow
$6.1B
01

Screening Summary

14
Passed
2
Watch
1
Failed
-2.71
M-Score

管理层信号

查看全部 →
Routine2026-04-28
Marianna Tessel · Executive Vice President辞职
SEC
查看 INTU 深度报告中的管理层分析 →

数据来源:SEC EDGAR 8-K Item 5.02,附 Exhibit 99.1 链接

02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 10 days, change +0 days YoY

A2AR vs Revenue Growth

AR growth 16.0% vs revenue growth 15.6%

A3Revenue vs CFFO

Revenue 15.6%, CFFO 27.1%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

No material inventory

B2CapEx vs Revenue

CapEx growth -50.4% vs revenue 15.6%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 44.3%. Normal

B4Gross Margin

Gross margin 79.6%, change +0.8pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 1.60. Profits backed by cash

C2Free Cash Flow

FCF $6.1B, FCF/NI = 1.57

C3Accruals Ratio

Accruals ratio = -6.3%. Low accruals

!
C4Cash vs Debt

Cash $4.6B covers 69% of debt $6.6B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $19.3B = 98% of equity. Over 50%

D2Leverage

Debt/EBITDA = 1.1x. Healthy

!
D3Soft Asset Growth

Other assets grew 38.8% vs revenue 15.6%

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change -2% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.71 (< -2.22). Unlikely manipulator

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04

Beneish M-Score

Manipulation Probability-2.71
-4.0 Clean-2.22 Grey-1.78 Danger0
1.003
DSRI
AR growing faster than revenue?
0.989
GMI
Gross margin declining?
0.882
AQI
Asset quality deteriorating?
1.156
SGI
Revenue growth rate
1.02
DEPI
Depreciation slowing?
1.002
SGAI
SG&A ratio changing?
-0.0633
TATA
Accruals level
1.09
LVGI
Leverage increasing?
05

Altman Z-Score

4.52
Safe Zone
0 Distress1.102.605.0+ Safe
0.1011
Liquidity
0.5322
Cumulative profit
0.1375
Operating efficiency
1.1427
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25