Early Access

10-KPeriod: FY2021

Accenture plc Annual Report, Year Ended Aug 31, 2021

Filed October 15, 2021For Securities:ACN

Summary

Accenture plc's (ACN) 2021 10-K filing highlights a strong fiscal year ending August 31, 2021, with revenues reaching $50.5 billion, a 14% increase in U.S. dollars and 11% in local currency, driven by robust demand for digital transformation services. The company demonstrated significant growth in new bookings, up 20% to $59.3 billion, and expanded its operating margin to 15.1%. Accenture continued to invest heavily in strategic acquisitions ($4.2 billion), R&D ($1.1 billion), and talent development ($900 million). Key to Accenture's strategy is delivering "360° value" to clients, people, shareholders, partners, and communities, with a focus on leveraging technology and human ingenuity. The company's workforce grew to over 624,000 employees, with a continued commitment to inclusion and diversity, including achieving 100% pay equity for women compared to men. Accenture also made significant progress on environmental sustainability goals, aiming for net-zero emissions by 2025.

Financial Statements
Beta
Revenue$50.53B
Cost of Revenue$34.17B
Gross Profit$16.36B
R&D Expenses$1.12B
Operating Expenses$42.91B
Operating Income$7.62B
Interest Expense$59.49M
Net Income$5.91B
EPS (Basic)$9.31
EPS (Diluted)$9.16
Shares Outstanding (Basic)634.75M
Shares Outstanding (Diluted)645.91M

Key Highlights

  • 1Revenue growth of 14% year-over-year, reaching $50.5 billion, driven by strong demand for digital transformation services.
  • 2New bookings surged by 20% to $59.3 billion, indicating robust future revenue potential.
  • 3Operating margin expanded by 40 basis points to 15.1%, demonstrating improved profitability.
  • 4Significant investments were made in strategic acquisitions ($4.2 billion), R&D ($1.1 billion), and employee development ($900 million).
  • 5Workforce expanded to over 624,000 employees, with a continued focus on inclusion and diversity goals.
  • 6Accenture achieved 100% pay equity for women compared to men across all operating countries.
  • 7Commitment to environmental sustainability with a goal of net-zero emissions by 2025.

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