Accenture (ACN) FY2023 results: revenue $64.1 billion, up 4.1% on the year
Accenture plc (ACN) reported revenue of $64.1 billion for fiscal 2023, the year ended 31 August 2023, up 4.1% on the year before. Net income was $6.9 billion, down 0.1%, and diluted earnings per share $10.77. The figures are the company's own, from the 10-K it filed with the SEC on 12 October 2023.
Revenue
$64.1 billion
+4.1% on the year
FY2016FY2023
Operating margin
13.7%
15.2% a year earlier
FY2016FY2023
Net income
$6.9 billion
-0.1% on the year
FY2016FY2023
Diluted EPS
$10.77
+0.6% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
9,524
9,541
8,975
-0.2%
Capital expenditure
528
718
580
-26.4%
Free cash flow
8,996
8,823
8,395
+2.0%
Free cash flow margin
14.0%
14.3%
16.6%
Cash from investing
-2,622
-4,261
-4,310
Cash from financing
-5,645
-5,311
-4,926
Depreciation and amortisation
1,412
1,319
1,128
+7.0%
Share-based compensation
1,913
1,680
1,343
+13.9%
Buybacks
4,330
4,116
3,703
+5.2%
Dividends paid
2,827
2,457
2,236
+15.1%
Dividend per share
$4.48
$3.88
$3.52
+15.5%
Diluted shares, weighted
639m
643m
646m
-0.7%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
25,693
22,106
19,529
+16.2%
Non-controlling interest
766
641
568
+19.5%
Debt
148
55.1
65.6
+168.6%
Operating lease liabilities
2,311
2,563
2,697
-9.8%
Other liabilities
22,328
21,898
20,316
+2.0%
Total liabilities and equity
51,245
47,263
43,176
+8.4%
Fixed assets
1,530
1,659
1,639
-7.8%
Goodwill
15,573
13,133
11,126
+18.6%
Intangible assets
2,073
1,931
1,711
+7.4%
Investments
202
322
334
-37.3%
Cash and equivalents
9,045
7,890
8,168
+14.6%
Receivables
10,691
10,484
8,797
+2.0%
Other assets
12,132
11,844
11,401
+2.4%
Total assets
51,245
47,263
43,176
+8.4%
10-K for the year ended 31 August 2023, filed 12 October 2023: the filing.