Accenture plc (ACN)

Gross profit margin

		Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019
Gross profit (ttm)	US$ in thousands	12,200,460	12,044,630	11,805,770	11,706,420	11,738,040	11,502,470	11,737,980	11,863,140	11,710,950	11,231,110	10,764,960	10,400,340	9,894,130	8,868,450	10,372,460	12,151,860	13,976,160	13,970,240	13,969,850	13,665,030
Revenue (ttm)	US$ in thousands	64,896,400	64,475,800	64,573,600	64,588,300	64,111,800	63,550,300	63,144,500	62,377,000	61,594,400	59,590,000	56,695,000	53,736,400	50,533,400	47,949,400	45,676,900	44,730,300	44,327,100	44,547,400	44,655,800	43,968,400
Gross profit margin		18.80%	18.68%	18.28%	18.12%	18.31%	18.10%	18.59%	19.02%	19.01%	18.85%	18.99%	19.35%	19.58%	18.50%	22.71%	27.17%	31.53%	31.36%	31.28%	31.08%

August 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $12,200,460K ÷ $64,896,400K
= 18.80%

The gross profit margin of Accenture plc has shown some fluctuations over the past few years. Recently, as of August 31, 2024, the gross profit margin was 18.80%, slightly higher compared to the previous quarter. However, this figure is lower than the peak of 31.53% recorded in November 2020. The trend in the gross profit margin indicates some variability, with occasional spikes observed, such as the high of 27.17% in May 2021.

Overall, a gross profit margin in the range of 18-19% seems to be characteristic of Accenture plc in the past couple of years. It is essential to further analyze the factors driving these fluctuations to gain a deeper understanding of the company's performance and profitability.