At a glance
Accenture plc is worth $174.57B, about 19 times its fiscal 2026 earnings. Revenue grew 6.5% to $74.18B in fiscal 2026, with 11.3% kept as profit; over 5 years it has grown 8.0% a year. It pays a 2.53% dividend yield, raised every year for at least 9 years, and returned $41.33B to shareholders in dividends and buybacks over FY2022–FY2026. The stock returned +8.0% over the past year with dividends reinvested and −4.3% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 33.5% in the 2020 crash (S&P 500: 33.7%) and 37.8% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 3 months and 28 months after the lows.
The business in plain English
Accenture sells expert help to large organizations that want to change how they operate. Its teams work on strategy, finance, cybersecurity, supply chains, marketing, HR, data, cloud computing and AI (artificial intelligence). It delivers this through consulting projects, managed services (where it runs technology systems or business processes for a client on an ongoing basis), its own tools and platforms such as GenWizard and SynOps, and, increasingly, software.
Most of its revenue comes from the world's largest companies, those on the Forbes Global 2000 list, and from governments. It serves more than 9,000 clients, including about three quarters of the Fortune Global 500 and every G7 government. Relationships tend to last: it has worked with 85% of its top 200 commercial clients for 20 years or more. It employed about 814,000 people as of August 31, 2026.
Revenue was $74.2 billion in the fiscal year ended August 31, 2026, split almost evenly between managed services (50.3%) and consulting (49.7%). Its three reporting segments are regions: the Americas (49.3% of revenue), EMEA, meaning Europe, the Middle East and Africa (36.3%), and Asia Pacific (14.4%). Financial Services clients supplied 19% of revenue and Communications, Media & Technology clients 17%. Work tied to 18 key technology partners made up about 65% of revenue.
Price history
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ACN +8.0% over the year to Nov 2, 2026, total return with dividends reinvested.
How it makes money
By product or service
| Managed Services | $37.30B | 50.3% |
| Consulting Revenue | $36.88B | 49.7% |
By business segment
| Americas | $36.55B | 49.3% |
| EMEA | $26.96B | 36.3% |
| Asia Pacific | $10.68B | 14.4% |
Latest results
- In Q4 FY2026 (ended Aug 31, 2026), revenue was $18.68B, up 6.2% from a year earlier, and net income was $1.99B (+40.8%).
- For fiscal 2026, revenue was $74.18B (+6.5% year over year; +8.0% a year from FY2021 to FY2026) with a 11.3% net margin.
Financial health check
| Revenue growth a year (FY2021–FY2026) | +8.0% good |
|---|---|
| Operating margin | 15.4% good |
| Free cash flow margin | 15.7% good |
| Return on equity (FY2026) | 26.5% good |
| Return on assets (FY2026) | 11.4% good |
| Net cash (cash minus debt) | $3.67B good |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $50.53B | $5.91B | $8.40B |
| FY2022 | $61.59B | $6.88B | $8.82B |
| FY2023 | $64.11B | $6.87B | $9.00B |
| FY2024 | $64.90B | $7.26B | $8.61B |
| FY2025 | $69.67B | $7.68B | $10.87B |
| FY2026 | $74.18B | $8.37B | $11.62B |
Valuation snapshot
| Market value | $174.57B |
|---|---|
| P/E ratio | 19.2 |
| Dividend yield | 2.53% |
Rank among 1514 US companies
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| ACN price data to Nov 2, 2026 | +0.6% | +8.0% | -3.1% | -4.3% | +10.2% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +0.6% |
| 2025 | -22.1% |
| 2024 | +1.9% |
| 2023 | +34.1% |
| 2022 | -34.8% |
| 2021 | +60.7% |
| 2020 | +26.1% |
| 2019 | +51.2% |
| 2018 | -6.2% |
| 2017 | +33.3% |
| 2016 | +14.3% |
| 2015 | +19.5% |
| 2014 | +11.4% |
| 2013 | +26.6% |
| 2012 | +27.7% |
| 2011 | +12.0% |
| 2010 | +19.1% |
| 2009 | +29.0% |
| 2008 | -6.2% |
| 2007 | -1.5% |
| 2006 | +29.3% |
| 2005 | +8.2% |
| 2004 | +2.6% |
| 2003 | +46.3% |
| 2002 | -33.2% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 29.9% over that stretch · deepest drop along the way 34.7%, back to its old high 11.9 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 33.5% over that stretch · deepest drop along the way 33.5%, back to its old high 3.1 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 37.8% over that stretch · deepest drop along the way 37.8%, back to its old high 27.8 months after the low |
Insider activity
Form 4 filings from 2025-11-03 to 2026-11-03 (25 read): 3 open-market purchases ($3.2M) and 9 sales ($2.0M), 7 of them under pre-arranged 10b5-1 trading plans.
| Date | Insider | Type | Value |
|---|---|---|---|
| Oct 26, 2026 | Julie Spellman Sweet Chair and CEO, Director | buy | $2.5M |
| Oct 22, 2026 | Ryoji Sekido Co-CEO Asia Pacific | sell | $1.2M |
| Oct 26, 2026 | Julie Spellman Sweet Chair and CEO, Director | buy | $515K |
| Oct 22, 2026 | Ryoji Sekido Co-CEO Asia Pacific | sell | $270K |
| Oct 8, 2026 | Catherine Kiernan Hogan Chief Operating Officer | sell (plan) | $264K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 8.3% | Dec 31, 2025 |
| Vanguard Capital Management | 7.51% | Mar 31, 2026 |
ETFs with the most weight in ACN
| JGRW Jensen Quality Growth ETF | 6.45% |
| FCTE SMI 3Fourteen Full-Cycle Trend ETF | 5.02% |
| SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF | 4.24% |
| MBCC Monarch Blue Chips Core Index ETF | 3.97% |
| NACP Tidal Trust III NAACP MINORITY EMPOWERMENT ETF | 3.61% |
| ABLG Abacus FCF International Leaders ETF | 3.57% |
| BEEZ Honeytree U.S. Equity ETF | 3.48% |
| QLTY GMO US Quality ETF Shs | 3.29% |
What could go wrong
- AI could replace some older services. Accenture says new technologies, including AI, have already reduced or replaced some of its older services. Clients may also pause spending while they evaluate new tools, or move limited budgets toward AI projects.
- Heavy reliance on 18 technology partners. Work tied to 18 key technology partners, companies whose products Accenture helps clients adopt, made up about 65% of fiscal 2026 revenue. Weaker ties, or missing new alliances, could hurt results.
- Matching its huge workforce to demand. Accenture must match the skills of its roughly 814,000 employees to shifting client demand worldwide and retain strong leaders. Mismatches can lower its utilization rate, the share of staff time billed to clients, and profits.
- Pricing pressure and costly contract overruns. Accenture says pricing pressure has hurt profits and may again. If it misjudges a project's cost, risk or complexity, or third parties it relies on fall short, contracts can become less profitable or unprofitable.
- Irish incorporation and tax changes. Accenture is incorporated in Ireland, whose law may give shareholders less protection than US law. It may face criticism for this, and changes in tax laws or tax audits could raise its tax rate.
- Clients cut spending when economies wobble. In shaky economies, clients reduce, delay or cancel spending, even on existing contracts. Accenture says tariffs, inflation and conflicts, including in the Middle East, have hurt it before. Consulting demand is especially hard to forecast.
Recent events
- Investor presentation or announcement
- Quarterly results released
- Other company announcement
- Investor presentation or announcement
- Quarterly results released
- Major agreement signed; Major agreement ended; New debt or financial obligation
- Quarterly results released
- Executive or board change; Shareholder vote results
- Quarterly results released
For income and retirement investors
Accenture has raised its dividend at least nine fiscal years in a row through fiscal 2026, and the streak may be longer. Dividends per share rose from $3.52 in fiscal 2021 to about $6.46 in fiscal 2026, roughly 12.9% a year. The fiscal 2026 dividend used about 48% of earnings and 34% of free cash flow (cash left after running and investing in the business), which leaves a cushion if profits dip. The yield was 2.81% as of October 27, 2026. It also spent $25.1 billion repurchasing shares from fiscal 2022 through 2026, including $7.5 billion in fiscal 2026.
The shares fell hard in past downturns: 34.7% in the 2008 financial crisis, 33.5% in the 2020 COVID crash and 37.8% in the 2022 bear market, which took about 28 months from the low to recover. The deepest drop in the three years to October 27, 2026, was 67.8%. A single stock carries more risk than a diversified fund.
Questions investors ask
How does Accenture make money?
Accenture makes money by selling consulting and managed services to large companies and governments. In the fiscal year ended August 31, 2026, revenue was $74.2 billion. It was split almost evenly between managed services (50.3%), where Accenture runs systems or business processes for clients over time, and consulting (49.7%), which covers projects in areas such as strategy, cybersecurity, data and AI. It kept about $8.4 billion as net income, an 11.3% net margin (profit per dollar of revenue).
Does Accenture raise its dividend every year?
Yes, so far. Accenture has raised its dividend at least nine fiscal years in a row through fiscal 2026, and the streak may be longer. Dividends per share grew from $3.52 in fiscal 2021 to about $6.46 in fiscal 2026, about 12.9% a year. The fiscal 2026 dividend used about 48% of earnings, and the yield was 2.81% as of October 27, 2026. Past increases do not guarantee future ones.
Is AI a threat to Accenture?
It is both a risk and an opportunity. Accenture's 10-K says AI and other new technologies have already reduced or replaced some of its older services, and clients may pause spending or shift limited budgets toward AI. At the same time, the company is building its business around AI. In fiscal 2023 it decided to invest $3.0 billion over three years in AI, and it expects to invest at least $1.0 billion over five years in AI safety.
How has Accenture stock performed?
Mixed: up over 10 years, down over five. As of October 27, 2026, the share price was up 145% over 10 years, about 9.4% a year, but down 26% over five years and 3% over one year. It fell 22.1% in calendar 2025 and 9.3% in 2026 through October 27. The swings have been large. The deepest drop in the prior three years was 67.8%, yet the shares rose 53.9% in the three months to October 27, 2026.
Does Accenture have a lot of debt?
Not compared with its cash. As of August 31, 2026, Accenture had about $10.1 billion of debt and $13.8 billion of cash and investments, or about $3.7 billion more cash than debt. It also generated $11.6 billion of free cash flow in fiscal 2026, more than its total debt. Shareholders' equity was about $31.6 billion. Its 10-K still lists its debt obligations among the risks to its business.