Stock Analysis on Net

Accenture PLC (NYSE:ACN)

$24.99

Debt to Equity
since 2005

Microsoft Excel

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Calculation

Accenture PLC, debt to equity, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).

1 US$ in thousands


Total debt and bank borrowings
The company's total debt and bank borrowings exhibited a significant decline from 75,188 thousand USD in 2005 to a low of 955 thousand USD in 2009, reflecting a strong deleveraging trend during this period. Between 2010 and 2014, debt levels remained relatively low and stable, fluctuating between approximately 1,500 and 27,400 thousand USD. From 2015 onwards, a notable upward trend emerged, with a pronounced spike in 2024 reaching 1,024,857 thousand USD and a further substantial increase to approximately 5,148,653 thousand USD by 2025, indicating a significant rise in leverage in recent years.
Total Accenture plc shareholders’ equity
Shareholders’ equity showed a consistent and robust upward trend throughout the entire period under review. Starting from 1,696,914 thousand USD in 2005, equity increased steadily each year, reaching 3,119,5446 thousand USD in 2025. The growth was relatively uninterrupted, with notable acceleration from 2014 onwards, where equity grew from 5,732,035 thousand USD to over 31 million thousand USD by 2025, indicating sustained profitability and retained earnings accumulation.
Debt to equity ratio
The debt to equity ratio remained very low for most of the timeline, fluctuating around zero to minimal values between 0.00 and 0.04 from 2005 through 2023. This points to a conservative capital structure with minimal reliance on debt financing relative to equity for two decades. However, the ratio increased significantly in 2024 and 2025, reaching 0.17 by the end of the period, reflecting the sharp rise in debt relative to equity. Despite this increase, the ratio remains below 0.20, suggesting that while leverage has increased, the company still maintains a relatively moderate debt load compared to its equity base.
Summary of trends and insights
The company demonstrated a strong preference for low leverage financing for the majority of the observed period, as evidenced by minimal debt levels and the resulting debt to equity ratios close to zero. This conservative financial policy appears to have supported steady growth in shareholders’ equity, indicating ongoing profitability and value creation. The recent surge in total debt and the corresponding increase in leverage ratios in the last two fiscal years suggest a strategic shift, potentially in response to investment opportunities, capital expenditures, or changes in market conditions. This increasing debt trend warrants monitoring as it may impact financial risk and require consideration in future capital management strategies.

Comparison to Competitors

Accenture PLC, debt to equity, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-08-31), 10-K (reporting date: 2024-08-31), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-08-31), 10-K (reporting date: 2021-08-31), 10-K (reporting date: 2020-08-31), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31), 10-K (reporting date: 2011-08-31), 10-K (reporting date: 2010-08-31), 10-K (reporting date: 2009-08-31), 10-K (reporting date: 2008-08-31), 10-K (reporting date: 2007-08-31), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-08-31).


Comparison to Sector (Software & Services)


Comparison to Industry (Information Technology)