NYSE · ACN

Accenture plc

Technology · Information Technology Services

$177.91▲ 1.20% ($2.11)at close

After hours$177.96▲ 0.03%7:52 PM ET

52-week

$118.15$291.09

What the market price implies · Reverse DCF

To support a price of $177.91, this model requires Stage 1 FCFF to grow by -2.99%/yr over the next 5 years, compounded annually.

Historical FCFF grew by 9.97%/yr over the past 10 years. The required annual growth rate is 12.96 percentage points lower.

Selected forecast · Base scenario

9.97%/yr · Stage 1 default · years 1–5

Annual overrides take precedence over the Stage 1 default.

Market-implied · Other assumptions held fixed

-2.99%/yr · Stage 1 · years 1–5

Stage 1 growth is solved while Stage 2 growth, terminal growth, discount inputs, and annual overrides remain fixed. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Cash-flow DCF

Price used

$177.91

Estimated value / share

$304.39

Base scenario

This estimate is 71.09% above the price used.

USD · TTM ending 2026-05-31

FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.

Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.

Reported total debt includes capitalised leases (~39% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.

Stage 1 9.97% · Stage 2 5.48% · Discount rate 10.63%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future free cash flow, discounted to its value today.

Price timestamp: Sep 10, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-05-31
Data refreshed: Sep 11, 2026, 1:09 AM UTC · provider

Why this method?

FCFF is positive, but the year-to-year swings are too large for a direct CAGR. Normalize the cash-flow base first, then run DCF.

Is FCFF positive and has it been for 3+ consecutive years? 25 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 36.8%.

Price vs Fundamentals

Why The Stock Is Moving

Likely multiple compressionModerate confidence

Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.

1Y Price: -26.82%Revenue (TTM): 6.74%FCF (TTM): 22.82%P/FCF: 0th pct

What changed

The stock fell 26.82% over the last year. Revenue grew 6.74% over the trailing twelve months. Operating margin moved from 15.38% to 14.87%. Free cash flow grew 22.82% over the trailing twelve months.

What the market seems to be pricing

Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.

What would invalidate this read

This read changes if operating margin (currently 14.87%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.

Performance

Return analysis

Company profile

Accenture plc is a global professional services firm that delivers a wide array of strategy, consulting, interactive, technology, and operations services worldwide.

CEOJulie T. Spellman Sweet

SectorTechnology

IndustryInformation Technology Services

Employees799,000

IPO dateJul 19, 2001

https://www.accenture.com

Market multiples

Forward P/E—

EV/EBITDA12.30

Enterprise value$159.16B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth5.59%

Gross margin31.97%▼0.7ppvs FY2024

Operating margin14.87%▼0.1ppvs FY2024

ROE25.06%▼0.8ppvs FY2025

Analyst consensus

RatingBuy

Target price$194.53▲9.34%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Oct 1, 2026

Q3 FY26 · EPS est $3.18 · Revenue est $18.05B

View

Dividends

$6.52/shareQuarterly6yr growth streakSafe

ACN pays a dividend with a 3.66% dividend yield, 6 consecutive years of growth, growing at 13.12% annually, covered 2.9× by free cash flow.

Dividend Yield

3.66%

Annual Div / Share

$6.52

5yr CAGR

+13.12%

Doubles every ~5.6yr

Payout Ratio

50.3%

Safe

Dividend Growth Rate

3yr CAGR

+13.32%

5yr CAGR

+13.12%

10yr CAGR

+3.5%

Dividend Safety

9/10Safe

Dividend History

Annualized dividend cycles per share

YearAnnual DivYoY

2026$6.52+10.1%

2025$5.92+14.7%

2024$5.16+15.2%

2023$4.48+15.5%

2022$3.88+10.2%

2021$3.52+10.0%

2020$3.20-42.7%

Income Projection

Invest

Growth rate:

Reinvest dividends

Today

$37/yr

$3/mo

In 5 yrs

$65/yr+76%

$5/mo

In 10 yrs

$114/yr+211%

$9/mo

Today	In 5 yrs	In 10 yrs
$37/yr $3/mo	$65/yr+76% $5/mo	$114/yr+211% $9/mo

Long-range projections use a capped 12% annual growth assumption.

Yield-on-cost grows from 3.66% → 11.38% over 10yr

Analysis

Dividend Strengths

Well-covered by free cash flow

The dividend is covered 2.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Strong dividend growth rate

The 5-year CAGR of 13.12% meaningfully outpaces inflation, compounding real income growth for long-term holders.

Risks to Watch

No strong risk signal stands out from the latest period pair.

NYSE · ACN

Accenture plc

Technology · Information Technology Services

$177.91▲ 1.20% ($2.11)at close

After hours$177.96▲ 0.03%7:52 PM ET

52-week

$118.15$291.09

What the market price implies · Reverse DCF

To support a price of $177.91, this model requires Stage 1 FCFF to grow by -2.99%/yr over the next 5 years, compounded annually.

Historical FCFF grew by 9.97%/yr over the past 10 years. The required annual growth rate is 12.96 percentage points lower.

Selected forecast · Base scenario

9.97%/yr · Stage 1 default · years 1–5

Annual overrides take precedence over the Stage 1 default.

Market-implied · Other assumptions held fixed

-2.99%/yr · Stage 1 · years 1–5

Stage 1 growth is solved while Stage 2 growth, terminal growth, discount inputs, and annual overrides remain fixed. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Cash-flow DCF

Price used

$177.91

Estimated value / share

$304.39

Base scenario

This estimate is 71.09% above the price used.

USD · TTM ending 2026-05-31

FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.

Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.

Stage 1 9.97% · Stage 2 5.48% · Discount rate 10.63%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future free cash flow, discounted to its value today.

Price timestamp: Sep 10, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-05-31
Data refreshed: Sep 11, 2026, 1:09 AM UTC · provider

Why this method?

FCFF is positive, but the year-to-year swings are too large for a direct CAGR. Normalize the cash-flow base first, then run DCF.

Is FCFF positive and has it been for 3+ consecutive years? 25 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 36.8%.

Price vs Fundamentals

Why The Stock Is Moving

Likely multiple compressionModerate confidence

Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.

1Y Price: -26.82%Revenue (TTM): 6.74%FCF (TTM): 22.82%P/FCF: 0th pct

What changed

The stock fell 26.82% over the last year. Revenue grew 6.74% over the trailing twelve months. Operating margin moved from 15.38% to 14.87%. Free cash flow grew 22.82% over the trailing twelve months.

What the market seems to be pricing

What would invalidate this read

This read changes if operating margin (currently 14.87%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.

Performance

Return analysis

Company profile

Accenture plc is a global professional services firm that delivers a wide array of strategy, consulting, interactive, technology, and operations services worldwide.

CEOJulie T. Spellman Sweet

SectorTechnology

IndustryInformation Technology Services

Employees799,000

IPO dateJul 19, 2001

https://www.accenture.com

Market multiples

Forward P/E—

EV/EBITDA12.30

Enterprise value$159.16B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth5.59%

Gross margin31.97%▼0.7ppvs FY2024

Operating margin14.87%▼0.1ppvs FY2024

ROE25.06%▼0.8ppvs FY2025

Analyst consensus

RatingBuy

Target price$194.53▲9.34%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Oct 1, 2026

Q3 FY26 · EPS est $3.18 · Revenue est $18.05B

View

Dividends

$6.52/shareQuarterly6yr growth streakSafe

ACN pays a dividend with a 3.66% dividend yield, 6 consecutive years of growth, growing at 13.12% annually, covered 2.9× by free cash flow.

Dividend Yield

3.66%

Annual Div / Share

$6.52

5yr CAGR

+13.12%

Doubles every ~5.6yr

Payout Ratio

50.3%

Safe

Dividend Growth Rate

3yr CAGR

+13.32%

5yr CAGR

+13.12%

10yr CAGR

+3.5%

Dividend Safety

9/10Safe

Dividend History

Annualized dividend cycles per share

YearAnnual DivYoY

2026$6.52+10.1%

2025$5.92+14.7%

2024$5.16+15.2%

2023$4.48+15.5%

2022$3.88+10.2%

2021$3.52+10.0%

2020$3.20-42.7%

Income Projection

Invest

Growth rate:

Reinvest dividends

Today

$37/yr

$3/mo

In 5 yrs

$65/yr+76%

$5/mo

In 10 yrs

$114/yr+211%

$9/mo

Today	In 5 yrs	In 10 yrs
$37/yr $3/mo	$65/yr+76% $5/mo	$114/yr+211% $9/mo

Long-range projections use a capped 12% annual growth assumption.

Yield-on-cost grows from 3.66% → 11.38% over 10yr

Analysis

Dividend Strengths

Well-covered by free cash flow

The dividend is covered 2.9× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.

Strong dividend growth rate

The 5-year CAGR of 13.12% meaningfully outpaces inflation, compounding real income growth for long-term holders.

Risks to Watch

No strong risk signal stands out from the latest period pair.