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Company Description

Contact Info

2700 Coast Avenue

Mountain View, CA 94043

United States

Phone: 650-944-6000


lectual Property The company has various registered trademarks that include Intuit, QuickBooks, TurboTax, Lacerte, ProSeries, and Mint. It has registered these and other trademarks and service marks in the United States and, depending on the relevance of each brand to other markets, in various foreign countries. Most registrations could be renewed perpetually at 10-year intervals. The company also licenses intellectual property from third parties for use in its products. Competition Small Business: The company’s small business desktop products and services face competitive challenges from companies, such as The Sage Group plc, which offers software and associated services that directly target small business customers. The company’s small business online products and services face competition from online accounting offerings from companies, such as Xero. In its payroll business, the company competes directly with Automatic Data Processing, Inc. (ADP) and Paychex. In its merchant services business, the company competes directly with large financial institutions, such as Wells Fargo, JP Morgan Chase, and Bank of America; and with various payment processors, including First Data Corporation, Elavon, Global Payments, FIS, PayPal, and Square. Consumer Tax: In the U.S. private sector, the company faces intense competition from H&R Block, which provides tax preparation services in its stores and a competing software offering. The company also faces competition from various other large tax preparation service providers, from a myriad of small tax preparers, and from various online self-preparation offerings, including Blucora’s TaxAct. In Canada, its TurboTax Canada offerings face competition from H&R Block, SimpleTax, StudioTax, and UFile. ProConnect: In the U.S., Lacerte professional tax offerings face competition from competitively-priced tax and accounting solutions that include integration with non-tax functionality. These include CCH’s ProSystems fx Office Suite and Thomson Reuters’ CS Professional Suite and GoSystems Tax. The company’s ProSeries professional tax offerings face competition from CCH’s ATX and TaxWise offerings, Drake, and other smaller providers. In Canada, its ProFile professional tax offerings face competition from CCH’s Cantax and Taxprep offerings and from Thomson Reuters’ DTMax and UFile Pro offerings. History Intuit Inc. was founded in 1983. The company was incorporated in California in 1984. It was reincorporated in Delaware in 1993.


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Valuation ITU Industry Range
Price/Earnings 35.6x
Price/Sales 5.9x
Price/Book 24.1x
Price/Cash Flow 27.6x
TEV/Sales 5.5x

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