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Monday 12 October 2026 Export all ACN data to Excel Powerpack

Accenture PLC

ACN Technology Information Technology Services

Accenture PLC’s revenue for fiscal 2026 (year ended August 2026) was $74.2 billion, up 6.47% from fiscal 2025. In the quarter to August 2026, revenue grew 6.15%, EPS grew 48.9%, free cash flow fell 25.3% and total debt rose 96.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for ten.

209.06 0.70 +0.34%
Market cap
$127.9B
P/E
15.2×
Fwd P/E
12.0×
Dividend yield
3.16%
F-score
6/9
Altman Z
n/a
Beneish M
−2.68
Dividend safety
87/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Accenture PLC (ACN) Financial Analysis

Updated · Covers results through Q3 FY2026 · Sources · How this is made

Snapshot

Revenue was $69.7 billion in FY2025, while net income was $7.8 billion in FY2025 and diluted EPS was $12.15 in FY2025. Operating income reached $10.2 billion in FY2025, and free cash flow was $10.9 billion in FY2025.

In Q3 FY2026, revenue was $18.7 billion, gross profit was $6.1 billion, operating income was $3.2 billion, and net income was $2.4 billion. Diluted EPS was $3.80 in Q3 FY2026, and free cash flow was $3.6 billion in Q3 FY2026.

  • Revenue was $73.1 billion in TTM to Q3 FY2026.
  • Net income was $7.9 billion in TTM to Q3 FY2026.
  • Market capitalisation was $106.8 billion as of September 28, 2026.

Growth

Revenue grew 7.36% in FY2025 against FY2024, reaching $69.7 billion in FY2025. Revenue compound annual growth was 4.19% in FY2022–FY2025 and 9.47% in FY2020–FY2025. Diluted EPS grew 6.21% in FY2025 against FY2024 to $12.15 in FY2025; its compound annual growth was 4.29% in FY2022–FY2025 and 9.02% in FY2020–FY2025.

Free cash flow grew 26.2% in FY2025 against FY2024 to $10.9 billion in FY2025. Free cash flow compound annual growth was 7.22% in FY2022–FY2025 and 7.38% in FY2020–FY2025.

In Q3 FY2026, revenue increased 3.74% against Q2 FY2026 and 5.59% against Q3 FY2025. Diluted EPS increased 29.7% in Q3 FY2026 against Q2 FY2026 and 8.88% in Q3 FY2026 against Q3 FY2025. Free cash flow declined 1.85% in Q3 FY2026 against Q2 FY2026 but increased 2.41% in Q3 FY2026 against Q3 FY2025.

Profitability

Gross margin was 31.9% in FY2025, a change of −0.7 percentage points in FY2024–FY2025 and 0.4 percentage points in FY2020–FY2025. Operating margin was 14.7% in FY2025, a change of −0.1 percentage points in FY2024–FY2025 and 0.0 percentage points in FY2020–FY2025. Pre-tax margin was 14.7% in FY2025, down −0.2 percentage points in FY2024–FY2025 and −0.5 percentage points in FY2020–FY2025.

Net margin was 11.2% in FY2025, down −0.2 percentage points in FY2024–FY2025 and −0.5 percentage points in FY2020–FY2025. Return on equity was 25.0% in FY2025, below 31.4% in FY2021. Return on assets was 12.7% in FY2025, below 14.7% in FY2021. Return on invested capital was 24.7% in FY2025, below 39.7% in FY2021.

Operating margin was 17.0% in Q3 FY2026, compared with 16.8% in Q3 FY2025.

Balance sheet

Total debt was $5.1 billion in FY2025, compared with $1.0 billion in FY2024. Cash and short-term investments were $11.5 billion in FY2025, compared with $5.0 billion in FY2024. Net debt was −$6.3 billion in FY2025, compared with −$4.0 billion in FY2024, indicating cash exceeded total debt in both periods.

Working capital was $8.5 billion in FY2025, compared with $1.9 billion in FY2024. Shareholders’ equity was $32.2 billion in FY2025, compared with $29.2 billion in FY2024, and book value per share was $51.59 in FY2025, compared with $46.46 in FY2024.

  • The current ratio was 1.3× in Q3 FY2026.
  • Debt to equity was 0.2× in Q3 FY2026.
  • Net debt was −$5.0 billion in Q3 FY2026.

Cash flow & capital return

Operating cash flow was $11.5 billion in FY2025, up 25.7% in FY2025 against FY2024. Capital expenditure was $600.0 million in FY2025, compared with $516.5 million in FY2024. Free cash flow was $10.9 billion in FY2025, up 26.2% in FY2025 against FY2024, and represented 138.8% of net income in FY2025.

Dividends paid were $3.7 billion in FY2025, while net share repurchases were $3.3 billion in FY2025. Capital returned to shareholders was $7.0 billion in FY2025 and $29.1 billion in FY2021–FY2025. Weighted average shares were 624.9 million shares in FY2025, compared with 627.9 million shares in FY2024; the share count changed −1.79% in FY2020–FY2025.

Free cash flow was $12.6 billion in TTM to Q3 FY2026, growing 22.8% in TTM to Q3 FY2026 against TTM to Q3 FY2025.

Valuation

The P/E was 13.8× as of September 28, 2026, below the five-year median P/E of 29.6× as of September 28, 2026, over the five fiscal years to FY2025, and below the ten-year median P/E of 26.4× as of September 28, 2026, over the ten fiscal years to FY2025. The P/E was below the industry median P/E of 14.4× as of September 28, 2026.

The P/S was 1.5× as of September 28, 2026, below its five-year median of 3.2× and ten-year median of 2.9×, while above the industry median P/S of 1.1× as of September 28, 2026. The P/B was 3.2× as of September 28, 2026, below its five-year median of 7.7× and ten-year median of 8.4×, while above the industry median P/B of 2.0× as of September 28, 2026.

EV/Sales was 1.4× as of September 28, 2026, below its five-year and ten-year medians and above the industry median of 1.2× as of September 28, 2026. EV/Cash flow was 8.1× as of September 28, 2026, below its five-year median of 21.7× and ten-year median of 19.3×.

What changed since last quarter

Revenue was $18.7 billion in Q3 FY2026, up 3.74% against Q2 FY2026 and 5.59% against Q3 FY2025. Operating margin was 17.0% in Q3 FY2026, up 3.1 percentage points against Q2 FY2026 and 0.1 percentage points against Q3 FY2025. Diluted EPS was $3.80 in Q3 FY2026, up 29.7% against Q2 FY2026 and 8.88% against Q3 FY2025. Free cash flow was $3.6 billion in Q3 FY2026, down 1.85% against Q2 FY2026 but up 2.41% against Q3 FY2025.

Management attributes the year-over-year U.S.-dollar revenue increase in Q3 FY2026 partly to favorable currency translation, with the U.S. dollar weakening against various currencies. Management attributes the year-over-year gross-margin decline in Q3 FY2026 to higher non-payroll costs, including subcontractor costs, largely offset by lower payroll costs. Management attributes the operating-income increase in Q3 FY2026 to revenue growth; operating expenses declined as a share of revenue.

Open questions

  • How will the pace and level of client spending, particularly for smaller and shorter-duration consulting contracts, develop?
  • How will foreign-currency exchange-rate movements affect reported U.S.-dollar revenue and operating results?
  • How will higher non-payroll costs, including subcontractor, facility and technology costs, affect margins?
  • How will the timing and composition of new bookings convert into revenue?

Sources

This page is for information only. It is not investment advice, a recommendation or an offer to buy or sell any security. Figures come from the sources listed above and may contain errors; verify against the company's filings.