Intuit (INTU) Non-Current Deferred Tax Liability (2018 - 2024)
Intuit (INTU) posted quarterly Non-Current Deferred Tax Liability of $3.0 million for Q2 2024, down 98.42% year-over-year from $190.0 million in Q2 2023, and little changed quarter-over-quarter from $3.0 million in Q1 2024.
Intuit (INTU) Non-Current Deferred Tax Liability (2018 - 2024) Analysis & Trends
Intuit (INTU) has reported Non-Current Deferred Tax Liability for 7 consecutive years, with $3.0 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Non-Current Deferred Tax Liability fell 98.42% year-over-year to $3.0 million; the TTM figure through Apr 2024 stood at $3.0 million (down 98.42% YoY), while the FY2023 annual figure was $4.0 million, down 99.63% from the prior year.
- Non-Current Deferred Tax Liability steadied at $3.0 million in Q2 2024 per INTU's latest filing, from $3.0 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $1.1 billion in Q3 2022 and bottomed at $3.0 million in Q4 2023.
- Historically, Non-Current Deferred Tax Liability has averaged $370.1 million across 5 years, with a median of $320.0 million in 2023.
- Annual changes were most pronounced in 2021 — Non-Current Deferred Tax Liability soared 2795.45% — and 2023, when it plunged 99.63%.
- Intuit's Non-Current Deferred Tax Liability stood at $201.0 million in 2020, then surged by 152.74% to $508.0 million in 2021, then gained by 15.75% to $588.0 million in 2022, then sank by 99.49% to $3.0 million in 2023, then changed by 0.0% to $3.0 million in 2024.
- Business Quant data shows INTU's Non-Current Deferred Tax Liability at $3.0 million in Q2 2024, $3.0 million in Q1 2024, and $3.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2024 | 3.00 Mn |
| Apr 30, 2024 | 3.00 Mn |
| Jan 31, 2024 | 3.00 Mn |
| Jan 31, 2024 | 3.00 Mn |
| Oct 31, 2023 | 3.00 Mn |
| Oct 31, 2023 | 3.00 Mn |
| Jul 31, 2023 | 4.00 Mn |
| Jul 31, 2023 | 4.00 Mn |
| Apr 30, 2023 | 190.00 Mn |
| Apr 30, 2023 | 190.00 Mn |
| Jan 31, 2023 | 320.00 Mn |
| Jan 31, 2023 | 320.00 Mn |
| Oct 31, 2022 | 588.00 Mn |
| Oct 31, 2022 | 588.00 Mn |
| Jul 31, 2022 | 1.07 Bn |
| Jul 31, 2022 | 1.07 Bn |
| Apr 30, 2022 | 608.00 Mn |
| Apr 30, 2022 | 608.00 Mn |
| Jan 31, 2022 | 506.00 Mn |
| Jan 31, 2022 | 506.00 Mn |