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Accenture

ACN
61
Information Technology Services · Technology
Also trades as: 0Y0Y.L
Price
$185.28
+3.93 (+2.17%)
Market Cap
$113.38B
Winston Score
61
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through May 31, 2026
How the score breaks down
Quality
Good
Growth
Mixed
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Strong
Dividends
Strong

Share count falling — buybacks

2.1% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 645.9M (2021) → 632.4M (2025)

Winston Score History

The full picture

Accenture is a giant consulting and technology services firm that helps other companies solve business problems, upgrade their computer systems, and run parts of their operations. Its main services include IT consulting, software implementation, cybersecurity, and outsourcing work like finance or HR functions. Accenture works with large corporations and governments across nearly every industry, from banking and healthcare to retail and defense.

The company earns money by charging clients fees for projects and long-term service contracts, giving it a relatively steady revenue stream. Accenture operates in more than 120 countries and generates roughly $65 billion in annual revenue, making it one of the largest IT services firms in the world. Its main competitive advantage is its deep relationships with large enterprise clients and its ability to deploy hundreds of thousands of skilled workers globally. The key growth driver is demand for artificial intelligence and cloud migration services, though the main risk is that economic slowdowns often cause large companies to cut consulting budgets quickly.

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+5.6% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+8.5% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

$817M/ year

1.2% of revenue

Below sector average (15%)

Research and development spending

Insider Activity

0.2%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$11.1B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Accenture is growing revenue at 6% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
32.8%
Modest — 32.8% gross margin
Profit after running costs
Operating Margin
17.0%
Healthy — 17.0% operating margin
Return on the money invested
ROCE
29.4%
Exceptional — 29.4% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

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Growth

Sales growth
Sales YoY
+6.7%
Slow sales growth (+6.7% YoY)
Profit growth
EPS YoY
-0.5%
Earnings shrinking (-0.5% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Profit that turns into cash
Cash Conversion
168%
Turns 168% of profit into real cash
Spare cash per sale
FCF Margin
17.2%
Converts sales into free cash efficiently (17.2%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

What it owes vs what it owns
Debt / Equity
0.16
Conservative — low debt load (0.16)
Covers its interest
Interest Cover
40.89x
Comfortably covers interest (40.9x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
14.7x
Attractive valuation — P/E 14.7

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+4.1
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (14.7 → 10.5)

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Dividends

Dividend
Dividend Yield
3.93%
Moderate income — 3.93% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+10.1%
Dividend growing fast (10.1% YoY)

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