Question 1

What is Accenture's P/FCF ratio?

Accepted Answer

Accenture (ACN) P/FCF ratio is 6.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Accenture?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Accenture specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is Accenture's P/FCF ratio high or low?

Accepted Answer

Accenture's P/FCF ratio of 6.9× is below its own 5-year average of 21.3× and below the sector median of 21.8×. That places the current reading at the 1th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Accenture's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Accenture (ACN) P/FCF ratio has ranged from a low of 6.0× in 2008 to a high of 37.0× in 2021. The 5-year average is 21.3× and the 5-year median is 21.9×.

Question 7

What was Accenture's P/FCF ratio in 2025?

Accepted Answer

Accenture (ACN) P/FCF ratio at the end of 2025 was 14.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Accenture's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$162B	$10.9B	14.9×	-10.3×	Aug 31, 2025
2024	$217B	$8.61B	25.1×	+2.5×	Aug 31, 2024
2023	$204B	$9B	22.7×	+2.0×	Aug 31, 2023
2022	$182B	$8.82B	20.7×	-4.7×	Aug 31, 2022
2021	$213B	$8.4B	25.4×	+5.4×	Aug 31, 2021
2020	$153B	$7.62B	20.0×	-0.9×	Aug 31, 2020
2019	$126B	$6.03B	20.9×	+0.9×	Aug 31, 2019
2018	$108B	$5.41B	20.0×	+1.9×	Aug 31, 2018
2017	$80.7B	$4.46B	18.1×	+0.6×	Aug 31, 2017
2016	$71.6B	$4.08B	17.6×	+1.6×	Aug 31, 2016
2015	$58.9B	$3.7B	15.9×	-0.2×	Aug 31, 2015
2014	$51.2B	$3.16B	16.2×	+0.4×	Aug 31, 2014
2013	$46.4B	$2.93B	15.8×	+5.7×	Aug 31, 2013
2012	$39.2B	$3.88B	10.1×	-1.3×	Aug 31, 2012
2011	$34.5B	$3.04B	11.4×	+3.2×	Aug 31, 2011
2010	$23.3B	$2.85B	8.2×	+1.0×	Aug 31, 2010
2009	$20.8B	$2.92B	7.1×	-3.4×	Aug 31, 2009
2008	$26.1B	$2.48B	10.5×	-0.6×	Aug 31, 2008
2007	$25.2B	$2.27B	11.1×	+3.6×	Aug 31, 2007
2006	$17.8B	$2.36B	7.5×	-1.6×	Aug 31, 2006
2005	$14.3B	$1.57B	9.1×	-1.3×	Aug 31, 2005
2004	$15.4B	$1.47B	10.4×	+2.0×	Aug 31, 2004
2003	$11B	$1.3B	8.4×	-1.2×	Aug 31, 2003
2002	$7.7B	$801M	9.6×	—	Aug 31, 2002


First Solar (FSLR)	12.7×
Zebra Technologies (ZBRA)	12.2×
Skyworks Solutions (SWKS)	11.9×
Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
Block (XYZ)	11.0×
QUALCOMM (QCOM)	10.8×
Leidos Holdings (LDOS)	10.8×
Workday (WDAY)	10.5×
Salesforce (CRM)	10.5×
Qorvo (QRVO)	10.4×
Adobe (ADBE)	9.8×
Strategy (MSTR)	9.2×
Gartner (IT)	8.8×
Fidelity National Information Services (FIS)	8.7×
DocuSign (DOCU)	8.0×
Gen Digital (GEN)	7.5×
Fiserv (FISV)	7.2×
Science Applications International (SAIC)	7.0×
Hewlett Packard Enterprise (HPE)	6.8×
GoDaddy (GDDY)	6.7×
HP (HPQ)	5.1×
Lyft (LYFT)	4.5×
IBM (IBM)	0.0×

P/FCF Ratio for Accenture (ACN) 2002-2026

P/FCF Ratio daily chart for Accenture (ACN)

Historical P/FCF Ratio for Accenture (ACN) from 2002 to 2025

About P/FCF Ratio at Accenture (ACN)

Accenture P/FCF Ratio by Year

Accenture P/FCF Ratio 2025: 14.9×

Accenture P/FCF Ratio 2024: 25.1×

Accenture P/FCF Ratio 2023: 22.7×

Accenture P/FCF Ratio 2022: 20.7×

Accenture P/FCF Ratio 2021: 25.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Accenture (ACN) Key Financials