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Accenture logoAccenture ACN

The company said revenue for fiscal 2024 increased 1% in U.S. dollars and 2% in local currency. New bookings were $81.2 billion, up 13% in U.S. dollars and 14% in local currency.

10-KAnnual reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for fiscal 2024 increased 1% in U.S. dollars and 2% in local currency. New bookings were $81.2 billion, up 13% in U.S. dollars and 14% in local currency.

  2. Accenture said its operating margin for fiscal 2024 was 14.8%, higher than the 13.7% in fiscal 2023. It said adjusted operating margin, which excludes business optimization costs of $438 million, was 15.5%, compared with 15.4% in fiscal 2023.

  3. Accenture said diluted earnings per share for fiscal 2024 were $11.44, higher than $10.77 in fiscal 2023. It said adjusted diluted earnings per share, which exclude business optimization costs, were $11.95, compared with $11.67 in fiscal 2023.

  4. The company said it returned $7.8 billion to shareholders in fiscal 2024, including share purchases of $4.5 billion and dividends of $3.2 billion. As of August 31, 2024, cash and cash equivalents were $5.0 billion, lower than the $9.0 billion as of August 31, 2023.

Key figures

Fiscal year ended August 31, 2024

Revenue
$64.9B
Operating income
$9.6B
Net income
$7.3B
EPS
$11.44
Operating cash flow
$9.1B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Fiscal 2024 Revenue and New Bookings

The company said revenue for fiscal 2024 increased 1% in U.S. dollars and 2% in local currency. New bookings were $81.2 billion, up 13% in U.S. dollars and 14% in local currency.

Source · Based on the MD&A text of the filing

Fiscal 2024 Operating Margin and Adjusted Basis

Accenture said its operating margin for fiscal 2024 was 14.8%, higher than the 13.7% in fiscal 2023. It said adjusted operating margin, which excludes business optimization costs of $438 million, was 15.5%, compared with 15.4% in fiscal 2023.

Source · Based on the MD&A text of the filing

Diluted EPS and Adjusted EPS

Accenture said diluted earnings per share for fiscal 2024 were $11.44, higher than $10.77 in fiscal 2023. It said adjusted diluted earnings per share, which exclude business optimization costs, were $11.95, compared with $11.67 in fiscal 2023.

Source · Based on the MD&A text of the filing

Cash and Shareholder Returns

The company said it returned $7.8 billion to shareholders in fiscal 2024, including share purchases of $4.5 billion and dividends of $3.2 billion. As of August 31, 2024, cash and cash equivalents were $5.0 billion, lower than the $9.0 billion as of August 31, 2023.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.