Stock Analysis on Net

Accenture PLC (NYSE:ACN)

Analysis of Reportable Segments

Microsoft Excel

Segment Profit Margin

Accenture PLC, profit margin by reportable segment

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
North America 14.77% 17.09% 16.49% 15.11% 15.55% 15.18%
Europe 10.96% 12.03% 13.35% 12.49% 13.70% 15.36%
Growth Markets 15.99% 16.00% 14.65% 17.27% 13.88% 13.43%

Based on: 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).

Segment profitability ratio Reportable segment The company
Segment profit margin North America North America segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.
Europe Europe segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Growth Markets Growth Markets segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Segment Profit Margin: North America

Accenture PLC; North America; segment profit margin calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Operating income 4,473,701 4,976,890 3,907,883 3,169,648 3,107,437 2,708,674
Revenues 30,295,587 29,121,385 23,701,341 20,982,253 19,986,136 17,849,010
Segment Profitability Ratio
Segment profit margin1 14.77% 17.09% 16.49% 15.11% 15.55% 15.18%

Based on: 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).

1 2023 Calculation
Segment profit margin = 100 × Operating income ÷ Revenues
= 100 × 4,473,701 ÷ 30,295,587 = 14.77%

Segment profitability ratio Reportable segment The company
Segment profit margin North America North America segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Segment Profit Margin: Europe

Accenture PLC; Europe; segment profit margin calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Operating income 2,332,678 2,437,313 2,236,462 1,799,431 2,013,245 2,167,463
Revenues 21,285,122 20,263,550 16,749,484 14,402,142 14,695,749 14,111,622
Segment Profitability Ratio
Segment profit margin1 10.96% 12.03% 13.35% 12.49% 13.70% 15.36%

Based on: 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).

1 2023 Calculation
Segment profit margin = 100 × Operating income ÷ Revenues
= 100 × 2,332,678 ÷ 21,285,122 = 10.96%

Segment profitability ratio Reportable segment The company
Segment profit margin Europe Europe segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Segment Profit Margin: Growth Markets

Accenture PLC; Growth Markets; segment profit margin calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Operating income 2,003,510 1,952,978 1,477,184 1,544,565 1,184,392 1,022,642
Revenues 12,531,036 12,209,370 10,082,564 8,942,644 8,533,128 7,612,818
Segment Profitability Ratio
Segment profit margin1 15.99% 16.00% 14.65% 17.27% 13.88% 13.43%

Based on: 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).

1 2023 Calculation
Segment profit margin = 100 × Operating income ÷ Revenues
= 100 × 2,003,510 ÷ 12,531,036 = 15.99%

Segment profitability ratio Reportable segment The company
Segment profit margin Growth Markets Growth Markets segment profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Segment Return on Assets (Segment ROA)

Accenture PLC, ROA by reportable segment

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
North America 109.35% 125.00% 210.16% 122.59% 106.30% 109.70%
Europe 92.29% 104.55% 78.18% 166.63% 148.49% 154.49%
Growth Markets 199.07% 173.16% 174.06% 249.09% 145.44% 114.05%

Based on: 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).

Segment profitability ratio Reportable segment The company
Segment ROA North America North America segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023.
Europe Europe segment ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Growth Markets Growth Markets segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Segment ROA: North America

Accenture PLC; North America; segment ROA calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Operating income 4,473,701 4,976,890 3,907,883 3,169,648 3,107,437 2,708,674
Net assets 4,091,045 3,981,668 1,859,445 2,585,659 2,923,320 2,469,098
Segment Profitability Ratio
Segment ROA1 109.35% 125.00% 210.16% 122.59% 106.30% 109.70%

Based on: 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).

1 2023 Calculation
Segment ROA = 100 × Operating income ÷ Net assets
= 100 × 4,473,701 ÷ 4,091,045 = 109.35%

Segment profitability ratio Reportable segment The company
Segment ROA North America North America segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023.

Segment ROA: Europe

Accenture PLC; Europe; segment ROA calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Operating income 2,332,678 2,437,313 2,236,462 1,799,431 2,013,245 2,167,463
Net assets 2,527,587 2,331,300 2,860,604 1,079,904 1,355,827 1,402,971
Segment Profitability Ratio
Segment ROA1 92.29% 104.55% 78.18% 166.63% 148.49% 154.49%

Based on: 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).

1 2023 Calculation
Segment ROA = 100 × Operating income ÷ Net assets
= 100 × 2,332,678 ÷ 2,527,587 = 92.29%

Segment profitability ratio Reportable segment The company
Segment ROA Europe Europe segment ROA improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Segment ROA: Growth Markets

Accenture PLC; Growth Markets; segment ROA calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Operating income 2,003,510 1,952,978 1,477,184 1,544,565 1,184,392 1,022,642
Net assets 1,006,414 1,127,828 848,684 620,083 814,358 896,653
Segment Profitability Ratio
Segment ROA1 199.07% 173.16% 174.06% 249.09% 145.44% 114.05%

Based on: 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).

1 2023 Calculation
Segment ROA = 100 × Operating income ÷ Net assets
= 100 × 2,003,510 ÷ 1,006,414 = 199.07%

Segment profitability ratio Reportable segment The company
Segment ROA Growth Markets Growth Markets segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Segment Asset Turnover

Accenture PLC, asset turnover by reportable segment

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
North America 7.41 7.31 12.75 8.11 6.84 7.23
Europe 8.42 8.69 5.86 13.34 10.84 10.06
Growth Markets 12.45 10.83 11.88 14.42 10.48 8.49

Based on: 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).

Segment activity ratio Reportable segment The company
Segment asset turnover North America North America segment asset turnover ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.
Europe Europe segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Growth Markets Growth Markets segment asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Segment Asset Turnover: North America

Accenture PLC; North America; segment asset turnover calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 30,295,587 29,121,385 23,701,341 20,982,253 19,986,136 17,849,010
Net assets 4,091,045 3,981,668 1,859,445 2,585,659 2,923,320 2,469,098
Segment Activity Ratio
Segment asset turnover1 7.41 7.31 12.75 8.11 6.84 7.23

Based on: 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).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Net assets
= 30,295,587 ÷ 4,091,045 = 7.41

Segment activity ratio Reportable segment The company
Segment asset turnover North America North America segment asset turnover ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Segment Asset Turnover: Europe

Accenture PLC; Europe; segment asset turnover calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 21,285,122 20,263,550 16,749,484 14,402,142 14,695,749 14,111,622
Net assets 2,527,587 2,331,300 2,860,604 1,079,904 1,355,827 1,402,971
Segment Activity Ratio
Segment asset turnover1 8.42 8.69 5.86 13.34 10.84 10.06

Based on: 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).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Net assets
= 21,285,122 ÷ 2,527,587 = 8.42

Segment activity ratio Reportable segment The company
Segment asset turnover Europe Europe segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Segment Asset Turnover: Growth Markets

Accenture PLC; Growth Markets; segment asset turnover calculation

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 12,531,036 12,209,370 10,082,564 8,942,644 8,533,128 7,612,818
Net assets 1,006,414 1,127,828 848,684 620,083 814,358 896,653
Segment Activity Ratio
Segment asset turnover1 12.45 10.83 11.88 14.42 10.48 8.49

Based on: 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).

1 2023 Calculation
Segment asset turnover = Revenues ÷ Net assets
= 12,531,036 ÷ 1,006,414 = 12.45

Segment activity ratio Reportable segment The company
Segment asset turnover Growth Markets Growth Markets segment asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level.

Revenues

Accenture PLC, revenues by reportable segment

US$ in thousands

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
North America 30,295,587 29,121,385 23,701,341 20,982,253 19,986,136 17,849,010
Europe 21,285,122 20,263,550 16,749,484 14,402,142 14,695,749 14,111,622
Growth Markets 12,531,036 12,209,370 10,082,564 8,942,644 8,533,128 7,612,818
Total 64,111,745 61,594,305 50,533,389 44,327,039 43,215,013 39,573,450

Based on: 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).


Operating income

Accenture PLC, operating income by reportable segment

US$ in thousands

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
North America 4,473,701 4,976,890 3,907,883 3,169,648 3,107,437 2,708,674
Europe 2,332,678 2,437,313 2,236,462 1,799,431 2,013,245 2,167,463
Growth Markets 2,003,510 1,952,978 1,477,184 1,544,565 1,184,392 1,022,642
Total 8,809,889 9,367,181 7,621,529 6,513,644 6,305,074 5,898,779

Based on: 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).


Net assets

Accenture PLC, net assets by reportable segment

US$ in thousands

Microsoft Excel
Aug 31, 2023 Aug 31, 2022 Aug 31, 2021 Aug 31, 2020 Aug 31, 2019 Aug 31, 2018
North America 4,091,045 3,981,668 1,859,445 2,585,659 2,923,320 2,469,098
Europe 2,527,587 2,331,300 2,860,604 1,079,904 1,355,827 1,402,971
Growth Markets 1,006,414 1,127,828 848,684 620,083 814,358 896,653
Total 7,625,046 7,440,796 5,568,733 4,285,646 5,093,505 4,768,722

Based on: 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).