Accenture plc (ACN)

Operating profit margin

		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	Aug 31, 2019	May 31, 2019
Operating income (ttm)	US$ in thousands	8,883,530	8,781,680	8,809,890	9,165,160	9,408,990	9,525,990	9,367,180	9,057,680	8,573,220	8,165,160	7,621,540	7,207,550	6,801,620	6,637,040	6,513,630	6,540,420	6,545,630	6,443,320	6,305,070	6,203,260
Revenue (ttm)	US$ in thousands	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	43,214,900	42,663,300
Operating profit margin		13.76%	13.60%	13.74%	14.42%	14.90%	15.27%	15.21%	15.20%	15.12%	15.19%	15.08%	15.03%	14.89%	14.84%	14.69%	14.68%	14.66%	14.65%	14.59%	14.54%

February 29, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $8,883,530K ÷ $64,573,600K
= 13.76%

The operating profit margin of Accenture plc has displayed stability and consistency over the past few periods, ranging from 13.60% to 15.27%. However, there appears to be a gradual decline in the operating profit margin trend from 15.27% in August 2022 to 13.76% in February 2024. Despite this decline, the operating profit margin remains relatively healthy, indicating that the company is efficiently managing its operations and generating profits from its core business activities.

It is essential to monitor this metric closely in future periods to assess whether the downward trend continues or if there are any improvements in the company's operational efficiency and profitability. Additionally, comparing the operating profit margin of Accenture plc to industry benchmarks and peer companies can provide further insights into its competitive performance and financial health.