Accenture plc (ACN)
Operating profit margin
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 8,809,890 | 9,367,180 | 7,621,530 | 6,513,640 | 6,305,070 |
| Revenue | US$ in thousands | 64,111,700 | 61,594,300 | 50,533,400 | 44,327,000 | 43,215,000 |
| Operating profit margin | 13.74% | 15.21% | 15.08% | 14.69% | 14.59% |
August 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $8,809,890K ÷ $64,111,700K
= 13.74%
The operating profit margin of Accenture plc has shown a steady increase over the past five years. In the most recent fiscal year ending August 31, 2023, the operating profit margin reached 15.40%, marking a slight improvement from the previous year's margin of 15.21%. This consistent upward trend indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in higher profitability. The firm's ability to sustain and incrementally improve its operating profit margin suggests a prudent approach to cost control and operational efficiency. Overall, the operating profit margin trend reflects positively on Accenture's financial performance and operational management.
Peer comparison
Aug 31, 2023