Accenture PLC (NYSE:ACN)

The financial data reveals several noteworthy trends over the periods analyzed.

Revenue Composition and Gross Profit

Revenues remained constant at 100% for all periods, serving as the baseline for ratio analysis. The gross profit margin showed relative stability, fluctuating slightly around the 32% mark. This suggests consistent cost management relative to revenues.

Cost of Services

The cost of services as a percentage of revenues hovered between approximately 67.4% and 68.5%, indicating a relatively steady cost structure in service delivery with minor variations.

Operating Expenses

Sales and Marketing

This expense category remained fairly stable, around 10% of revenues, with minor fluctuations indicating consistent investment in market outreach.

General and Administrative Costs

These costs showed a slight decrease over time from about 6.4% to around 6.2%, reflecting possible improvements in administrative efficiency.

Business Optimization Costs

Introduced in more recent periods, these costs appear at relatively low levels, below 2%, with an overall declining trend. This could indicate one-time or transitional expenses related to restructuring or efficiency initiatives.

Operating Income

Operating income as a percentage of revenues ranged mostly between 13.7% and 15.2%. There was a slight dip during the middle periods but a subsequent recovery, indicative of stable operational profitability with some volatility.

Interest and Other Income/Expenses

Interest Income

Interest income showed a notable increase from very low levels (approximately 0.07–0.16%) to nearly 0.48%, which could be related to higher cash balances or better returns on investments.

Interest Expense

Interest expenses remained minimal, with only slight variations, although it increased somewhat in the latest period, suggesting either increased borrowing or higher interest rates.

Other Income (Expense), Net

This category was generally small and fluctuated without a clear trend, occasionally dipping into negative territory, indicating non-core financial effects with limited impact.

Loss on Disposition of Russia Business

This was a one-time negative effect appearing only in one period, contributing marginally to overall expenses.

Profitability

Income Before Income Taxes

This metric remained close to operating income margins, averaging around 14.7-15.3%, showing strong pre-tax profitability with minor fluctuations.

Income Tax Expense

Income tax expenses as a percentage of revenues were steady around 3.3% to 3.6%, reflecting stable tax rates and tax management.

Net Income

Net income attributable to the company displayed a slight downward trend, moving from approximately 11.7% to 11.0% of revenues. Despite minor fluctuations, net profitability remained robust but showed moderate pressure in the latest periods.

Net Income Attributable to Noncontrolling Interests

These interests accounted for a small negative percentage consistently below 0.3%, representing limited impact on net income attributed to the parent company.

In summary, the data reflects generally stable financial performance with consistent profitability margins. Operating expenses have been controlled effectively, with some introduction and subsequent reduction of business optimization costs. Interest income improvements suggest more effective asset management, while net income margins show slight erosion but remain solid overall.