Accenture plc (ACN)

Net profit margin

		Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Net income	US$ in thousands	6,871,560	6,877,170	5,906,810	5,107,840	4,779,110
Revenue	US$ in thousands	64,111,700	61,594,300	50,533,400	44,327,000	43,215,000
Net profit margin		10.72%	11.17%	11.69%	11.52%	11.06%

August 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $6,871,560K ÷ $64,111,700K
= 10.72%

The net profit margin of Accenture plc has shown a slight fluctuation over the past five years. In the most recent fiscal year (ending August 31, 2023), the net profit margin decreased to 10.72% from 11.17% in the previous year. This decline suggests a decrease in the company's ability to convert revenue into profit. Despite the decrease, the net profit margin has remained relatively stable within the range of 10.72% to 11.69% over the last five years, indicating consistent profitability. However, it would be important to further analyze the underlying factors contributing to the decline in net profit margin in order to assess the company's overall financial performance.