Accenture plc (ACN)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 7,264,790 | 6,871,560 | 6,877,170 | 5,906,810 | 5,107,840 |
| Revenue | US$ in thousands | 64,896,500 | 64,111,700 | 61,594,300 | 50,533,400 | 44,327,000 |
| Net profit margin | 11.19% | 10.72% | 11.17% | 11.69% | 11.52% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $7,264,790K ÷ $64,896,500K
= 11.19%
Accenture plc's net profit margin has shown relatively stable performance over the past five years. The company's net profit margin ranged from 10.72% in 2023 to 11.69% in 2021. In the most recent fiscal year ending August 31, 2024, Accenture's net profit margin was 11.19%, slightly lower than the previous year but still in line with historical performance.
A net profit margin of around 11% indicates that Accenture effectively converts its revenue into profits after accounting for all expenses and taxes. This suggests that the company maintains efficient cost management and controls, allowing it to generate consistent profits relative to its revenue.
Overall, Accenture plc's stable net profit margin over the years reflects the company's ability to sustain profitability and efficiently manage its operations in a competitive environment.
Peer comparison
Aug 31, 2024