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Aug 31, 2024

Accenture Q4 2024 Earnings Report

Accenture's financial performance for Q4 2024 showcased resilience and strategic execution.

Key Takeaways

Accenture reported Q4 2024 revenues of $16.4 billion, a 3% increase in U.S. dollars and a 5% increase in local currency. GAAP EPS increased by 24% to $2.66, while adjusted EPS rose by 3% to $2.79. New bookings reached $20.1 billion. The company's performance reflects its focus on reinvention and investments in generative AI.

Revenues increased by 3% in U.S. dollars and 5% in local currency, reaching $16.4 billion.

GAAP EPS grew by 24% to $2.66, and adjusted EPS increased by 3% to $2.79.

New bookings totaled $20.1 billion.

Free cash flow was $3.18 billion.

Total Revenue
$16.4B
Previous year: $16B
+2.6%
EPS
$2.79
Previous year: $2.71
+3.0%
New bookings
$20.1B
Previous year: $16.6B
+21.1%
Gross Profit
$5.34B
Previous year: $5.18B
+3.0%
Cash and Equivalents
$5B
Previous year: $9.05B
-44.7%
Free Cash Flow
$3.18B
Previous year: $3.23B
-1.5%
Total Assets
$55.9B
Previous year: $51.2B
+9.1%

Accenture

Accenture

Forward Guidance

Accenture anticipates revenue growth of 3% to 6% in local currency and GAAP EPS of $12.55 to $12.91 for fiscal year 2025.

Positive Outlook

  • Revenue growth expected between 3% and 6% in local currency.
  • GAAP EPS projected to be in the range of $12.55 to $12.91.
  • Operating cash flow is expected to be in the range of $9.4 billion to $10.1 billion.
  • Free cash flow is anticipated to be between $8.8 billion and $9.5 billion.
  • Company plans to return at least $8.3 billion in cash to shareholders through dividends and share repurchases.