Accenture Investor Day Highlights
Accenture shares climbed roughly 4% after the company’s investor‑day presentation, where it set out long‑term growth targets that surpassed market expectations. The firm projected local‑currency revenue growth of mid‑ to high‑single digits for fiscal year 2029, an upgrade from the 3%‑6% growth range it had previously guided for fiscal year 2027. Operating margin is expected to expand by 10 to 30 basis points each year in fiscal years 2027, 2028 and 2029.
Acquisitions are slated to drive a larger share of organic growth, with deal‑related revenue contribution estimated at 2%‑2.5% in fiscal 2027, up from about 1.5% in fiscal 2026.
For fiscal year 2026, which ended on August 31, Accenture reported revenue of $74.2 billion, representing a 5% increase in local currency and hitting the top of its original guidance range of 2%‑5%. Adjusted earnings per share were $13.97, exceeding the guided range of $13.52‑$13.90. Free cash flow reached $11.6 billion, surpassing the upper end of the $9.8‑$10.5 billion guidance. Bookings for the year totaled $84.5 billion, delivering a book‑to‑bill ratio of 1.1×. The company returned $11.5 billion to shareholders, which included an additional $2 billion of share buybacks in the fourth quarter.
Looking ahead to fiscal 2027, Accenture targets at least $9.5 billion of free cash flow, $5.5 billion in share repurchases, and a 5% increase in dividend per share. The dividend payout ratio for fiscal 2028 is expected to rise into the high 40s percent of prior‑year net income. Accenture also estimated its total addressable market at $3 trillion.