Sector: Information Technology | Focus: IT Consulting & Other Services
HQ: Dublin, Ireland
Financial Risks
Accenture faces risks from economic volatility, geopolitical uncertainty, and client spending fluctuations, particularly on smaller contracts. Pricing pressure, cost management challenges, and delivery inefficiencies are also concerns. Currency exchange rate fluctuations, tax changes, and legal liabilities (including litigation and government investigations) pose significant financial risks. Acquisitions, investments, and joint ventures carry integration and liability risks. Cybersecurity threats and data breaches are also significant risks.
Financial Upside
Accenture's revenue increased 1% in USD and 2% in local currency in fiscal 2024. New bookings increased 13% in USD and 14% in local currency. Operating margin improved to 14.8% from 13.7% in fiscal 2023. Diluted earnings per share rose 6% to $11.44. Cash returned to shareholders totaled $7.8 billion, including share repurchases and dividends. Growth is expected in managed services and certain industry groups.
