Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Intuit Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019 Jul 31, 2018
Net income 2,384 2,066 2,062 1,826 1,557 1,211
Unrealized gain (loss) on available-for-sale debt securities (10) (3) 5 3 (2)
Foreign currency translation gain (loss) 5 (26) 11 (1) (3) (11)
Other comprehensive income (loss), net of income taxes 5 (36) 8 4 (13)
Comprehensive income 2,389 2,030 2,070 1,830 1,557 1,198

Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).

Comprehensive income item Description The company
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Intuit Inc. net income increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Intuit Inc. comprehensive income decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.