Accenture PLC (NYSE:ACN)

Net Fixed Asset Turnover

The net fixed asset turnover ratio exhibits a generally upward trend from August 2020 through August 2024, starting around 28.68 and reaching a peak of 44.42 by August 2024. This indicates an improving efficiency in using fixed assets to generate revenue over the years. Although there are minor declines observed after August 2024, the overall improvement is notable with turnover ratios consistently above 40 in most recent periods, suggesting better asset utilization.

Net Fixed Asset Turnover (Including Operating Lease, Right-of-Use Asset)

This metric follows a similar increasing pattern over time but starts much lower than the standard net fixed asset turnover. It progresses from 9.37 in August 2020 to around 16.18 by August 2025. The steady increase underscores growing efficiency in the use of both owned and leased fixed assets, highlighting an enhanced ability to generate revenue from a broader asset base inclusive of leasing arrangements.

Total Asset Turnover

Total asset turnover displays a relatively stable trend with slight fluctuations. After initial values around 1.20 in August 2020, the ratio peaks modestly at 1.32 in late 2022 before gradually declining to 1.07 by August 2025. This slow decrease suggests a diminishing rate of revenue generation from the company’s entire asset base, which could reflect incremental asset growth outpacing revenue increases or shifts in asset composition.

Equity Turnover

Equity turnover shows a declining trajectory across the observed periods. Starting near 2.61 in August 2020, it gradually decreases to approximately 2.23 by August 2025. This downward movement implies the company is generating slightly less sales per unit of equity over time, potentially signaling changes in capital structure or slower revenue growth relative to shareholders' equity.

Revenue Trends

Revenues generally exhibit an upward trend over the observed periods, starting at approximately 11.36 billion USD and reaching about 17.60 billion USD by the latter dates. There is some fluctuation within quarters, including minor declines in certain intervals, but the overall movement is positive, indicating consistent growth. The largest increases are observed from early 2021 onward, with notable surges particularly between early 2021 and early 2025.

Property and Equipment, Net

The net value of property and equipment fluctuates moderately around a range of roughly 1.38 to 1.66 billion USD. After peaking near 1.65 billion USD in late 2022, the asset base slightly declines and stabilizes around 1.50 to 1.61 billion USD towards the most recent periods. The data suggests relative stability in asset investment with minor periodic adjustments rather than major expansions or contractions.

Net Fixed Asset Turnover Ratio

The net fixed asset turnover ratio shows a consistent increasing trend throughout the periods where data is available. Beginning from around 28.68, the ratio improves steadily to approximately 44.48 by the latest period. This upward trajectory indicates enhanced efficiency in utilizing fixed assets to generate revenues, reflecting stronger operational performance or better asset management over time.

Overall Insights

The combination of rising revenues alongside relatively stable property and equipment values suggests that the company is achieving greater productivity without proportional increases in fixed asset investment. The steadily improving net fixed asset turnover ratio supports this conclusion, highlighting improved operational efficiency. The data reveals a resilient and growing business with prudent asset management and an ability to drive higher sales volumes from existing investments.

The revenue figures exhibit a gradual upward trend over the analyzed periods, reflecting overall growth despite some fluctuations. Starting from approximately 11.36 billion US dollars, revenues experience minor declines early on but consistently increase from early 2021 onwards, reaching highs around 17.7 billion by mid-2025. This indicates an expansion in the company's sales or service income over time.

The reported value of property and equipment, including right-of-use assets related to operating leases, shows a modest decreasing trend through the reporting horizon. Beginning at roughly 4.54 billion US dollars, the net property and equipment asset base diminishes somewhat consistently, falling to approximately 4.31 billion by the later periods. This decrease suggests possible asset disposals, amortization, or less investment in fixed assets during these intervals.

The net fixed asset turnover ratio, representing the efficiency in using fixed assets to generate revenues, depicts a strong positive trajectory. Starting from no recorded values early on, the ratio rises steadily from 9.37 to above 16 by the midpoint of 2025. This indicates enhanced efficiency in asset utilization, with revenues growing at a faster pace relative to the book value of fixed assets.

Revenue Analysis

Shows consistent growth from about 11.36 billion to nearly 17.7 billion US dollars over five years.

Demonstrates resilience with minor volatility but an overall upward trend, especially post early 2021.

Property and Equipment

The net value declines from around 4.54 billion to 4.31 billion US dollars.

Suggests reduced investment intensity or increased asset depreciation/ disposals in the period.

Net Fixed Asset Turnover

Increases significantly, rising from approximately 9.37 to over 16.

Implies improved productivity and utilization of property and equipment assets in generating revenues.

Overall, the data reveals an improving operational efficiency indicated by the rising turnover ratio, alongside steady revenue growth. In contrast, the declining fixed asset base suggests a strategic emphasis on either leaner asset management or a shift toward less capital-intensive operations.

Revenue Trends

Revenues exhibit a general upward trend over the observed period. Starting from approximately 11.36 billion USD, revenues experienced slight fluctuations in the initial quarters but showed marked growth from early 2021 onward. Notably, revenues increased from around 13.26 billion USD in May 2021 to peaks exceeding 17.7 billion USD in several quarters of 2024 and 2025. Despite some minor quarter-to-quarter declines, the overall pattern indicates gradual revenue expansion, reflecting sustained business growth.

Total Assets Development

Total assets demonstrate a consistent increase throughout the entire period. Beginning around 33.17 billion USD, total assets steadily grew each quarter, reaching over 65.39 billion USD by the end of the dataset. The steady asset base expansion indicates ongoing investments or asset accumulation. There are no indications of significant asset impairments or disposals, showing solid balance sheet growth.

Total Asset Turnover Ratio Analysis

The total asset turnover ratio presents a more varied pattern, with data available from May 2020 onwards. Initially starting at 1.20, the ratio saw moderate declines through early 2021, stabilizing near 1.14 to 1.17. Subsequently, it improved, peaking near 1.32 in late 2021 and early 2022, suggesting enhanced efficiency in using assets to generate revenues during that period. However, from mid-2022 forward, the ratio gradually declined, reaching closer to 1.07 by August 2025. This decline may signal a decrease in asset utilization efficiency or a relative slowdown in revenue growth compared to asset growth in recent quarters.

Overall Insights

The financial data reflects steady revenue and asset growth, underpinning business expansion. Nevertheless, the decreasing trend in total asset turnover ratio in the latter periods warrants attention, as it implies milder returns on asset investments. Management may benefit from assessing asset productivity and exploring strategic initiatives to optimize capital usage for revenue generation moving forward.

The financial data reveals several key trends in revenues, shareholders’ equity, and equity turnover over the observed period.

Revenues

Revenues demonstrated a general upward trajectory from late 2019 through early 2025. Initially, there was a slight decrease from approximately 11.36 billion US dollars in November 2019 to about 10.84 billion in August 2020. Following this period, revenues began a consistent increase reaching a peak of nearly 17.69 billion in November 2024. Fluctuations were present, with minor declines observed in certain quarters, such as from May 2023 to August 2023 and from November 2024 to August 2025, but the overall trend was positive indicating strong revenue growth.

Total Accenture plc shareholders’ equity

Shareholders’ equity showed steady growth without any periods of decline. Starting at roughly 15.17 billion US dollars in November 2019, it continuously increased each quarter, reaching over 31.19 billion by August 2025. This steady expansion of equity demonstrates consistent retention of earnings or capital injections, reinforcing the financial stability and growth of the company’s net asset position.

Equity turnover

The equity turnover ratio was initially unavailable until May 2020, after which it started at 2.61. The ratio showed a gradual decrease over time, moving downward from 2.61 in May 2020 to around 2.23 by August 2025. This declining equity turnover suggests that revenue growth is not quite keeping up proportionally with the increase in equity, possibly indicating higher equity base relative to revenue generation or a conservative growth approach regarding shareholder capital utilization.

Overall, the company showed a strong revenue growth trend accompanied by a consistent increase in shareholders’ equity, while the equity turnover ratio declined moderately over the period. The data suggests a solid financial foundation with profitability improvements reflected in rising revenues, yet possibly a less aggressive use of equity capital for generating sales as time progressed.