Accenture Outlines FY27–FY29 Growth Ambitions and Capital Allocation at Investor Day

Event Overview

On October 14, 2026, Accenture plc filed a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) to furnish the financial presentation for its Investor Day webcast.

FY26 Performance Highlights

• Revenue: $74.2 billion (up 5% in local currency, achieving the high end of original 2%–5% guidance).
• Adjusted Operating Margin: 15.8% (+20 bps over adjusted FY25).
• Adjusted Diluted EPS: $13.97 (vs. $13.52–$13.90 original guidance range).
• Cash Generation & Return: Delivered $11.6 billion in free cash flow (FCF:NI of 1.4x) and returned $11.5 billion to shareholders via dividends and share buybacks.
• New Bookings: $84.5 billion, resulting in a book-to-bill ratio of 1.1x.

Medium-Term Targets & Ambition (FY27–FY29)

Accenture set forth clear operational targets across the next three fiscal years:

• Top-Line Growth:
  • FY27: Mid-single digit local currency revenue growth (with ~2.0%–2.5% inorganic contribution).
  • FY28: Mid-single digit local currency growth.
  • FY29: Mid-to-high single digit local currency growth.
• Margin Expansion: 10 to 30 basis points of annual operating margin expansion across FY27, FY28, and FY29.
• Cash Flow Conversion: FCF-to-Net Income conversion ratio of 1.2 to 1.3 in FY27, and ≥1.1x in FY28 and FY29.
• Shareholder Return (FY27): At least $9.5 billion in total capital returns, comprised of:
  • $5.5 billion in share repurchases (continuing repurchases exceeding share issuances).
  • 5% dividend per share growth, maintaining a payout ratio in the high 40% range of prior-year net income.

Strategic Takeaways

The presentation demonstrates Accenture's confidence in sustaining market share gains, targeting an addressable market estimated at $3 trillion, and continuing disciplined inorganic expansion (targeting ~$3B in M&A capital deployment in FY27) while simultaneously delivering steady operating leverage and consistent shareholder capital returns.