Accenture (ACN)财务
NYSE · Technology · Information Technology Services · 员工814,000人 · CEO Julie T. Spellman Sweet
- 股价
- $258.24 +4.46%
- 市值
- $1580亿
- 企业价值
- $1590亿
- 最近财报
- Q4 '26 2026-10-16提交
- 下次财报
- 2026-12-17 EPS预期 $3.95
营收(TTM)$742亿+6.5% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)15.8%+1.1 百分点 对比去年同期营业利润 $117亿
净利润(TTM)$84亿+9.4% 对比去年同期税后,含营业外收益
自由现金流(TTM)$116亿+6.9% 对比去年同期资本支出 $7.43亿
稀释EPS(TTM)$13.56+11.6% 对比去年同期最近4个季度之和
净现金-$5.59亿-116.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $1580亿 EV $1590亿
- 营收
- $742亿 过去12个月
- 营收增速
- +4% FY2027年一致预期
- 净利润率
- 11.3% 净利润 / 营收,TTM
- P/E
- 18.9× 预期 17.6×(FY2027)
- P/S
- 2.1× 股价 / 营收,TTM
- EV / EBITDA
- 11.9× TTM
- 自由现金流
- $116亿 过去12个月
- 净利润
- $84亿 过去12个月
- 营收预期
- $775亿 FY2027年一致预期
- 盈利
- 2026-12-17 营收预期 $194亿
- 股息
- $6.60 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-01):营收超预期3.6%,EPS 超预期3.5%营收$187亿,预期$180亿(+3.6%);EPS $3.29,预期$3.18(+3.5%)。
- 营收增长平稳:同比6.2%Q4 '26营收$187亿,此前四个季度的平均值为6.8%。
- 营业利润率15.8%(TTM),较去年同期+1.1 百分点营收增长6.5%,营业利润增长14.3%。
- 资本支出占营收的1.0%(去年为0.9%)最近4个季度投入$7.43亿(同比+23.8%)。自由现金流$116亿,相当于净利润的138.3%。
- 股东回报$115亿 = 自由现金流的99.0%回购$75.2亿(去年为$46.2亿),股息$39.9亿,股权激励$21亿(TTM)。
- 稀释股数一年内减少3.8%Q4 '26稀释股数6.05亿,一年前为6.29亿。
- 净债务 $5.59亿现金 + 短期投资 $128亿,含租赁债务 $134亿;一年前净现金 $33亿。
- Americas Segment:营收+7.1%,利润率17.1%(此前为11.2%)Q4 '26增长最快的披露分部:营收$94.3亿,营业利润$16.2亿(来自财报的分部附注)。
上一季度:Q4 '26
截至2026-08-31的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q4 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $187亿 | $176亿 | +6.2% |
| 毛利率 | 32.0% | 31.9% | +0.2 百分点 |
| 营业利润 | $28.6亿 | $20.5亿 | +39.7% |
| 营业利润率 | 15.3% | 11.6% | +3.7 百分点 |
| 净利润 | $19.9亿 | $14.1亿 | +40.8% |
| 稀释EPS | $3.29 | $2.25 | +46.2% |
| 经营现金流 | $31亿 | $39.1亿 | -20.9% |
| 资本支出 | $2.5亿 | $1.08亿 | +131.9% |
| 自由现金流 | $28.5亿 | $38.1亿 | -25.3% |
| R&D | $0 | $8.17亿 | -100.0% |
| 股权激励费用 | $4.56亿 | $4.4亿 | +3.7% |
实际 vs 一致预期
2026-10-01| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $187亿 | $180亿 | +3.6% |
| EPS(一致预期口径) | $3.29 | $3.18 | +3.5% |
来自2026-10-01发布的Q4 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q4 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Outsourcing Revenue | $187亿 | +112.2% | 50.0% | – | – | |
| Consulting Revenue | $187亿 | +113.1% | 50.0% | – | – |
按地区划分的营收
占总额比例| 分部 | Q4 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| North America | $78.3亿 | +1.5% | 47.6% | $303亿 | +0.2% | |
| Europe | $57.8亿 | +2.9% | 35.1% | $225亿 | +8.1% | |
| Growth Markets | $28.6亿 | -11.5% | 17.3% | $117亿 | -6.6% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q4 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Americas Segment | $94.3亿 | +7.1% | $16.2亿 | +63.7% | 17.1% | 11.2% | $62.4亿 |
| EMEA Segment | $65.8亿 | +6.2% | $8.65亿 | +30.6% | 13.1% | 10.7% | $34.4亿 |
| Asia Pacific Segment | $26.7亿 | +2.7% | $3.82亿 | -4.4% | 14.3% | 15.4% | $17.3亿 |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $124亿
- 资本支出
- -$7.43亿
- 股票回购
- -$75.2亿
- 股息
- -$39.9亿
- 收购
- -$29.8亿
- 债务净发行
- $49.8亿
- 股权激励费用
- $21亿
- 自由现金流
- $116亿
- 股东回报 / FCF
- 99.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 18.9× | 24.2× | 13.9× – 29.7× |
| EV / EBITDA | 11.9× | 15.6× | 8.3× – 19.7× |
| EV / 营收 | 2.1× | 2.6× | 1.6× – 3.3× |
| 股价 / FCF | 13.6× | 18.6× | 10.0× – 24.9× |
| 股价 / 净资产 | 4.9× | 6.5× | 3.7× – 8.3× |
| FCF收益率 | 7.4% | 6.0% | 4.0% – 10.0% |
| 投入资本回报率 | 16.8% | 19.1% | 16.4% – 23.4% |
| 净资产收益率 | 26.8% | 26.9% | 24.6% – 31.1% |
分析师
一致目标价 $230.05 (-10.9%)
区间 $175.00 – $278.00 · 评级 Buy
强烈买入0
买入34
持有18
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $775亿 | +4.5% | $14.68 | +8.2% | 17.6× | 18 |
| FY2028 | $814亿 | +5.1% | $15.95 | +8.7% | 16.2× | 16 |
| FY2029 | $860亿 | +5.6% | $17.34 | +8.7% | 14.9× | 10 |
| FY2030 | $989亿 | +15.0% | $19.43 | +12.1% | 13.3× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Accenture plc在近期10-Q / 10-K文件中标记的全部286项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | $6590万 | – | – | |
| – | – | – | 0.6% | – | – | |
| – | – | – | $1.58亿 | – | – | |
| – | – | – | $3.68亿 | – | – | |
| – | – | – | $21.5亿 | – | – | |
| – | – | – | $1.25亿 | – | – | |
| Accounts Payable, Current | $30亿 | $27亿 | +11.4% | $30亿 | $27亿 | +11.4% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $142亿 | $131亿 | +8.8% | $142亿 | $131亿 | +8.8% |
| Accounts Receivable, Allowance for Credit Loss, Current | $4170万 | $3220万 | +29.2% | $4170万 | $3220万 | +29.2% |
| Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) | – | – | – | $1800万 | $1160万 | +55.1% |
| Accrued Income Taxes, Current | $6.27亿 | $7.01亿 | -10.7% | $6.27亿 | $7.01亿 | -10.7% |
| Accrued Income Taxes, Noncurrent | $13.1亿 | $12.9亿 | +1.7% | $13.1亿 | $12.9亿 | +1.7% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $30.8亿 | $29.3亿 | +5.1% | $30.8亿 | $29.3亿 | +5.1% |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | -$1.62亿 | $1.96亿 | -182.7% | -$1.62亿 | $1.96亿 | -182.7% |
| Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax | -$11.5亿 | -$10.6亿 | -8.1% | -$11.5亿 | -$10.6亿 | -8.1% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$13.8亿 | -$14.7亿 | +6.1% | -$13.8亿 | -$14.7亿 | +6.1% |
| Additional Paid in Capital | $194亿 | $166亿 | +16.6% | $194亿 | $166亿 | +16.6% |
| Advertising Expense | – | – | – | $1.76亿 | $7850万 | +124.5% |
| Amortization of Intangible Assets | $1.7亿 | $2.8亿 | -39.3% | $6.59亿 | $7.46亿 | -11.7% |
| AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax | -$3.91亿 | -$2.09亿 | -86.6% | -$3.91亿 | -$2.09亿 | -86.6% |
| Asset Impairment Charges | $2400万2025-11-30 | – | – | – | – | – |
| Assets | $736亿 | $654亿 | +12.5% | $736亿 | $654亿 | +12.5% |
| Assets, Current | $318亿 | $289亿 | +10.1% | $318亿 | $289亿 | +10.1% |
| Assets, Noncurrent | $418亿 | $365亿 | +14.4% | $418亿 | $365亿 | +14.4% |
| Capitalized Contract Cost, Amortization | $8480万 | $8010万 | +5.9% | $3.28亿 | $3.37亿 | -2.8% |
| Capitalized Contract Cost, Net, Noncurrent | $11.6亿 | $10.3亿 | +13.5% | $11.6亿 | $10.3亿 | +13.5% |
| Cash and Cash Equivalents, at Carrying Value | $128亿 | $115亿 | +11.8% | $128亿 | $115亿 | +11.8% |
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | $7140万 | -$1.12亿 | +163.5% | -$2.91亿 | -$1.15亿 | -152.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $128亿 | $115亿 | +11.8% | $128亿 | $115亿 | +11.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $26.7亿 | $18.5亿 | +44.3% | $13.5亿 | $64.7亿 | -79.1% |
| Commercial Paper | $9970万 | $1亿 | -0.3% | $9970万 | $1亿 | -0.3% |
| Common Stock, Dividends, Per Share, Cash Paid | $1.632026-05-31 | $1.48 | +10.1% | $5.922025-08-31 | $5.16 | +14.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $4050万 | $4010万 | +0.9% | $1.56亿 | $1.6亿 | -2.9% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $24.2亿 | $14.3亿 | +68.5% | $84.6亿 | $77.7亿 | +8.9% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $24.6亿 | $14.7亿 | +66.6% | $86.1亿 | $79.3亿 | +8.6% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $21.1亿 | $19.2亿 | +10.0% | $21.1亿 | $19.2亿 | +10.0% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $3.27亿 | $1.8亿 | +81.4% | $3.27亿 | $1.8亿 | +81.4% |
| Contract with Customer, Liability, Revenue Recognized | $2亿 | $2亿 | 0.0% | $51亿 | $43亿 | +18.6% |
| Cost of Goods and Services Sold | $127亿 | $120亿 | +5.9% | $504亿 | $474亿 | +6.3% |
| Costs and Expenses | $158亿 | $155亿 | +1.7% | $628亿 | $594亿 | +5.6% |
| Current Federal Tax Expense (Benefit) | – | – | – | $5.15亿 | $2.38亿 | +116.5% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $20.5亿 | $17.5亿 | +16.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $27.2亿 | $20.8亿 | +30.9% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $1.59亿 | $8860万 | +79.1% |
| Debt, Current | $1.13亿 | $1.14亿 | -1.2% | $1.13亿 | $1.14亿 | -1.2% |
| Decrease in Unrecognized Tax Benefits is Reasonably Possible | $1.87亿2025-08-31 | $4.14亿 | -54.8% | $1.87亿2025-08-31 | $4.14亿 | -54.8% |
| Deferred Costs, Noncurrent | $11.6亿 | $10.3亿 | +13.5% | $11.6亿 | $10.3亿 | +13.5% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$2420万 | $5310万 | -145.7% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $1.19亿 | $2.71亿 | -56.2% |
| Deferred Income Tax Assets, Net | $34.1亿 | $37.9亿 | -10.1% | $34.1亿 | $37.9亿 | -10.1% |
| Deferred Income Tax Expense (Benefit) | -$1.22亿 | $7550万 | -261.8% | $1.25亿 | $3.57亿 | -65.0% |
| Deferred Income Tax Liabilities, Net | $4.5亿 | $4.72亿 | -4.6% | $4.5亿 | $4.72亿 | -4.6% |
| Deferred Revenue, Current | $62.8亿 | $60.7亿 | +3.4% | $62.8亿 | $60.7亿 | +3.4% |
| Deferred Revenue, Noncurrent | $9.85亿 | $6.42亿 | +53.4% | $9.85亿 | $6.42亿 | +53.4% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $3070万 | $3310万 | -7.4% |
| Deferred Tax Assets, Gross | $76.4亿 | $76.8亿 | -0.4% | $76.4亿 | $76.8亿 | -0.4% |
| Deferred Tax Assets, Net | $29.6亿 | $33.2亿 | -10.9% | $29.6亿 | $33.2亿 | -10.9% |
| Deferred Tax Assets, Net of Valuation Allowance | $59.7亿 | $59.9亿 | -0.3% | $59.7亿 | $59.9亿 | -0.3% |
| Deferred Tax Assets, Operating Loss Carryforwards | $2.8亿 | $2.67亿 | +4.9% | $2.8亿 | $2.67亿 | +4.9% |
| Deferred Tax Assets, Other | $15.4亿 | $14.7亿 | +4.3% | $15.4亿 | $14.7亿 | +4.3% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-K 2026-08-31, 10-Q 2026-05-31, 10-Q 2026-02-28, 10-Q 2025-11-30, 10-K 2025-08-31, 10-Q 2025-05-31, 10-Q 2025-02-28, 10-Q 2024-11-30, 10-K 2024-08-31
数据截至 2026-11-01