Accenture plc (ACN)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	9,544,920	9,170,600	9,158,740	9,017,210	9,007,360	9,301,180	9,169,220	9,277,210	9,084,370	8,763,300	8,375,780	8,089,730	7,677,390	7,546,620	7,129,100	6,879,500	6,696,860	6,476,630	6,505,460	6,373,230
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
Pretax margin		14.71%	14.22%	14.18%	13.96%	14.05%	14.64%	14.52%	14.87%	14.75%	14.71%	14.77%	15.05%	15.19%	15.74%	15.61%	15.38%	15.11%	14.54%	14.57%	14.50%

August 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $9,544,920K ÷ $64,896,400K
= 14.71%

The pretax margin of Accenture plc has shown a relatively stable performance over the past several periods, ranging between 13.96% to 15.74%. The pretax margin measures the company's profitability by indicating the percentage of each dollar of revenue that translates to pre-tax profit.

The company's pretax margin has generally been above 14% in the recent periods, with the highest recorded at 15.74% in May 2021. This indicates that Accenture has been able to efficiently manage its operating expenses and generate profits before tax.

Despite some fluctuations, the pretax margin has been relatively consistent, reflecting a robust financial performance. Investors and stakeholders may view this stability positively, as it suggests a consistent ability to generate profit relative to revenue.