Accenture's revenue kept rising while its market value fell from US$214.2bn to US$116.1bn by August
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The story behind it
Accenture jumped 15.78% after its order book answered the AI question Read the edition →On the calendar
The US releases that move markets, in New Zealand and Australian time. Economic calendar →
The story behind it
Accenture jumped 15.78% after its order book answered the AI question Read the edition →On the calendar
The US releases that move markets, in New Zealand and Australian time. Economic calendar →What the chart shows
For two years the market has been marking Accenture down while its revenue went up. At the end of August it was worth US$116.1bn, against US$214.2bn two years before. Revenue in the financial year just ended was US$74.2bn, up from US$69.7bn.
The worry was simple: Accenture sells people's time, and AI tools might do much of that work. The chart puts five years of sales beside what investors paid for the business at each year end, revenue on the left scale and market value on the right.
The line stops before Thursday. A record year of bookings sent the shares sharply higher that day. Consulting, where new projects only booked as much work as they billed, is the part Friday's edition says to watch next.
The numbers
Revenue by year to August (columns, left scale) and market value at year end (line, right scale), US$bn, on two scales from zero. The line ends before Thursday's rally.
| Revenue, US$bn | Market value, US$bn | |
|---|---|---|
| FY22 | 61.6 | 182.5 |
| FY23 | 64.1 | 204.2 |
| FY24 | 64.9 | 214.2 |
| FY25 | 69.7 | 161.9 |
| FY26 | 74.2 | 116.1 |
How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.
