Accenture announced its long-term financial targets for fiscal years 2027 through 2029 during its Investor Day presentation. The company outlined a plan for sustained revenue growth, consistent margin expansion, and a disciplined capital allocation strategy, building on its strong performance in fiscal 2026.
Key Details
- Three-Year Revenue Outlook: The company targets mid-single digit revenue growth (in local currency) for FY27 and FY28, accelerating to mid to high-single digit growth in FY29.
- Margin Expansion: Accenture projects an annual operating margin expansion of 10 to 30 basis points for each fiscal year from 2027 through 2029.
- Capital Return and FCF: Aims to maintain a Free Cash Flow to Net Income ratio of at least 1.1x. For FY29, the company targets returning at least $9.5B to shareholders, including $5.5B in share repurchases and a 5% increase in dividends per share.
- Fiscal 2026 Performance: The outlook follows a strong FY26, where the company delivered 5% revenue growth, a 15.8% adjusted operating margin, and returned $11.5B to shareholders.