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Global IT and management consulting firm helping enterprises with technology, strategy and outsourcing services.
Global IT and management consulting firm helping enterprises with technology, strategy and outsourcing services.
Charges clients for consultants' and engineers' time, fixed-price projects and multi-year managed-services contracts, with much of the delivery done in centres in India and elsewhere. It buys many small specialist firms every year to add skills.
Moat: narrow (scale, brand, switching costs). Global delivery scale and deep enterprise relationships create high switching costs for large outsourcing contracts.
Headquarters: Dublin, Ireland · Founded: 1989 · Employees: 814,000
Size Accenture (ACN) is a United States Information Technology company (Information Technology Services) with a market value of $154B, the 80th largest of 3,117 United States companies the cockpit tracks. Shares closed at $260.50 on 6 Nov 2026.
Performance Over six months the shares gained 44.4%, against +5.3% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 9 in its peer set.
Growth Revenue grew 6.5% over the last twelve months (peer median +13.3%); the operating margin is 15.4% (peer median 20.0%).
Valuation It trades at 17.8× forward earnings against a peer median of 19.1× (4th cheapest of 9).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 15.9 points above its cost of capital (9.5% WACC).
Backlog Backlog (remaining performance obligations) was $37.0B at 31 Aug 2026, up 9% on a year earlier — 0.5 years of trailing revenue. Backlog detail →
Credit Accenture has 9 bonds outstanding ($10.0B), rated AA- by the agencies and trading like A- at a weighted spread of 72 bp.
Short interest Short interest is 3.4% of the free float (15 Oct 2026).
Next results Next results expected around 17 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $74.2B | $74.2B | $69.7B | $64.9B | $64.1B |
| Revenue growth | — | +6% | +7% | +1% | — |
| Gross profit | $23.5B | $23.5B | $22.2B | $21.2B | $20.7B |
| EBITDA | $13.0B | $13.0B | $12.5B | $11.5B | $11.2B |
| Net income | $8.37B | $8.37B | $7.68B | $7.26B | $6.87B |
| Free cash flow | $11.6B | $11.6B | $10.9B | $8.61B | $9.00B |
| Capital expenditure | $743M | $743M | $600M | $517M | $528M |
| Total debt | $13.4B | $13.4B | $8.18B | $4.12B | $3.15B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Accenture ACN | $154B | +44% | +6% | 15% | 17.8× | 3.7% |
| IBM IBM | $232B | +6% | +7% | 21% | 18.8× | 7.6% |
| Cognizant CTSH | $28.9B | +26% | +5% | -1% | 10.5× | 0.8% |
| Infosys Limited Sponsored ADR INFY | $48.5B | -3% | -1% | 21% | 15.4× | -2.0% |
| Capgemini CAP.PA | $24.1B | +31% | +6% | 11% | 10.4× | -0.1% |
| Tata Consultancy Services TCS.NS | $95.7B | +4% | +10% | 25% | 16.2× | 12.0% |
| HCL Technologies HCLTECH.NS | $41.4B | +22% | +13% | 18% | 19.5× | 11.8% |
| Wipro WIPRO.NS | $20.7B | 0% | +8% | 16% | 14.9× | 9.0% |
| EPAM Systems EPAM | $8.22B | +61% | +11% | 10% | 11.3× | 9.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ACN | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +25.0% | +5.4% | highest of 9 |
| 6-month return | +44.4% | +5.3% | 2nd highest of 9 |
| Distance from 52-week high | -9.8% | -26.9% | highest of 9 |
| Revenue growth (TTM) | +6.5% | +13.3% | 2nd lowest of 9 |
| Operating margin | 15.4% | 20.0% | 3rd lowest of 9 |
| Forward P/E | 17.8× | 19.1× | 4th cheapest of 9 |
| Growth the price implies (Req g, 7 yrs) | 3.7% | 11.9% | least demanding of 7 |
| Growth delivered (Del g) | +8.0% | +11.9% | 2nd lowest of 7 |
| Hurdle (Req g minus delivered) | -4.2 pp | +1.4 pp | 2nd least demanding of 7 |
| ROIC minus cost of capital | +15.9 pp | +5.3 pp | 4th highest of 8 |
| EV / EBITDA | 12.0× | 13.8× | 3rd cheapest of 7 |
| Net debt / EBITDA | 0.0× | -0.6× | 3rd most indebted of 8 |
| Bond spread | 72 bp | 99 bp | tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Accenture ACN | United States | $154B | +44% | +6% | 15% | 17.8× | 3.7% | +8.0% |
| IBM IBM | United States | $232B | +6% | +7% | 21% | 18.8× | 7.6% | +4.1% |
| Cloudflare NET | United States | $95.7B | +37% | +34% | -8% | 168.8× | n/a | n/a |
| Tata Consultancy Services TCS.NS | India | $95.7B | +4% | +10% | 25% | 16.2× | 12.0% | +10.2% |
| Fortinet FTNT | United States | $87.3B | +4% | +20% | 33% | 31.6× | 22.4% | +21.3% |
| Hygon Information Technology 688041.SS | China | $66.0B | -36% | +59% | 19% | 100.6× | n/a | n/a |
| Infosys INFY.NS | India | $50.7B | +2% | +6% | 21% | 15.5× | 6.6% | +12.2% |
| Workday WDAY | United States | $46.5B | +51% | +14% | 13% | 16.0× | 19.7% | +17.3% |
| HCL Technologies HCLTECH.NS | India | $41.4B | +22% | +13% | 18% | 19.5× | 11.8% | +11.5% |
Accenture has 9 bonds outstanding with $10.0B face value. The agencies rate it AA-; its bonds trade like A-. Weighted yield 5.38%, a spread of 72 bp over government bonds.
Accenture reported $37.0B of remaining performance obligations at 31 Aug 2026, up 9% from a year earlier and down 3% from the previous quarter. That is 0.5 years of trailing revenue already under contract. Book-to-bill last quarter: 0.95.