ACN
Accenture
Dividend / Cash flow
★ Quality 73/100Price today
$186.72
This company value is already calculated
We know what it is worth from its audited numbers, and whether it trades above or below that today. Create your free account to see it.
See what it is worthcharlieapp.co
What this business is made of
The business
An army of 774,000 brains rented by the hour.
Accenture sells consulting and technology services: strategy, digital transformation, cloud, cybersecurity, and operational outsourcing. It charges per project and through multi-year managed-services contracts. It bills $69.7B with 774,000 employees — the business is people billing hours.
Its edge is scale, deep relationships with large corporations, and the ability to execute transformations that few can coordinate globally. It's not a tollbooth moat; it's reputation and switching costs. Clients don't swap consultants halfway through a $200M project.
Revenue history
From $50.5B to $69.7B in 4 years. The business grows steadily.
Where each $100 of sales goes
Revenue $69.7B · FY2025
Of every $100 in sales, $89 goes to costs and operations; $11 is left as net profit (11% margin).
Catalysts and risks
GenAI bookings: $3B+ cumulative in 2025, growing every quarter.
FCF of $10.9B sustains buybacks and rising dividends year after year.
Tuck-in acquisitions (~$6.6B invested in FY24) that add capabilities and revenue.
Gross margin of 32% — a people-intensive business, not software. Raise salaries, lower margin.
Discretionary demand: in a recession, companies postpone consulting first.
The same AI it sells could compress the billable hours it charges for.
Charlie's note
“Paying 23x for a business growing 47% with 32% gross margins isn't a steal, but it's no gift either: the quality is there — scale, reputation, and real switching costs — so the discipline is about not overpaying for a good company and waiting patiently.”
Analysis · June 2026
Want to follow Accenture?
We do not calculate a value here: Accenture does not generate cash flows you can project, and putting a number on it would be making it up. What you can do is follow it and tell us the price you care about — we will email you when it gets there.
🔔 Email meFree · no card
Charlie informs, it doesn't advise. No information should be taken as a recommendation to buy or sell.