How does ACN's earnings growth compare year-over-year?
4/8/2025 02:44pm
Accenture's net income has shown a general upward trend over the past five years, with some fluctuations. Here's a comparison of the company's earnings growth year-over-year:
1. **Growth Trend**: The net income for the most recent quarter ending on August 31, 2024, was $7.42 billion. This is a significant increase from the $5.19 billion reported in the corresponding quarter five years prior, in 2020.
2. **Year-over-Year Comparison**: The year-over-year growth rate in net income has been positive in all the periods from 2020 to 2024, except for a slight dip in 2023, where the growth rate was zero.
3. **Peak and Stability**: The net income peaked at $6.99 billion in 2022 and saw a slight dip to $7 billion in 2023 before rebounding to $7.42 billion in 2024. This indicates a stable growth trajectory with a peak and a subsequent recovery.
|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|ACN|ACN.N|Accenture|2020|6.9965979818172475|5.185313E9|169|
|ACN|ACN.N|Accenture|2021|15.529091493608968|5.990545E9|169|
|ACN|ACN.N|Accenture|2022|16.666513647756588|6.98896E9|169|
|ACN|ACN.N|Accenture|2023|0.2084716467113848|7.00353E9|169|
|ACN|ACN.N|Accenture|2024|5.935107010321937|7.419197E9|169|
In summary, Accenture's net income has demonstrated a consistent upward trend with a few fluctuations, showing the company's strong financial performance and resilience in the face of potential challenges.