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Accenture plc (NYSE: ACN)

Information Technology Services ยท Dublin, Ireland ยท Founded 1989

$220.0B
Market Cap
$65.0B
Revenue
743,000
Employees
$2.16B
Net Income
๐Ÿ“Š Key Statistics for Accenture plc (ACN)
  • Market capitalization: $220.0 billion
  • Annual revenue: $65.0 billion
  • Net income: $2.16 billion
  • Employees: 743,000
  • Sector: Technology
  • Headquarters: Dublin, Ireland
  • Founded: 1989

Source: Statvoo company profile for Accenture plc. Browse all 500+ companies

๐Ÿ“‹ About Accenture plc

Accenture is the world's largest IT services and consulting firm, employing over 730,000 people across 120+ countries. The company helps Fortune 500 clients with digital transformation, cloud migration, cybersecurity, and AI implementation. Originally the consulting arm of Arthur Andersen, Accenture went independent before Andersen's collapse in the Enron scandal. Revenue exceeds $64 billion annually.

๐Ÿ’ฐ How Accenture plc Makes Money

Accenture bills clients for consulting engagements, technology implementation, and managed services u2014 essentially selling highly skilled labor at premium rates. The company operates across five industry groups: Communications & Media, Financial Services, Health & Public Service, Products, and Resources. Outsourcing and managed services provide recurring revenue, while consulting drives higher margins.

๐Ÿ“œ Key Milestones

Born from Arthur Andersen's consulting division, the unit split off in 1989 after internal disputes. Rebranded from "Andersen Consulting" to "Accenture" in 2001 u2014 the name was suggested by an employee in a company-wide contest. IPO in July 2001. The company dodged the Enron bullet by mere months. Accenture has spent over $4 billion annually on acquisitions in recent years, buying dozens of small agencies and tech firms.

๐Ÿ“Š Financial Overview
Market Capitalization$220.0B
Annual Revenue$65.0B
Net Income$2.16B
Profit Margin3%
Revenue per Employee$87483K
Stock ExchangeNYSE
Ticker SymbolACN

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

The name "Accenture" is a portmanteau of "accent on the future." The company is incorporated in Ireland for tax purposes despite having no meaningful operations there. Accenture's employee count exceeds the population of several US states. The firm processes more technology implementations than any other company on Earth.

๐Ÿ“ Analyst Take

Accenture is the ultimate picks-and-shovels play on enterprise digital transformation u2014 every AI hype cycle means more consulting revenue, and the company's scale is nearly impossible to replicate.

โ“ Frequently Asked Questions

What is Accenture plc's revenue?

Accenture plc generates approximately $65.0 billion in annual revenue.

How many employees does Accenture plc have?

Accenture plc employs approximately 743,000 people worldwide.

What is Accenture plc's market cap?

Accenture plc (ACN) has a market capitalization of approximately $220.0 billion on the NYSE.

When was Accenture plc founded?

Accenture plc was founded in 1989 and is headquartered in Dublin, Ireland.

Who is the CEO of Accenture plc?

Julie Sweet is the current CEO of Accenture plc.

What is Accenture plc's website?

Accenture plc's official website is accenture.com.