ACN Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $265.161D +0.34%3M +48.76%SMA20 $240.38SMA50 $208.86RSI(14) 69.8
Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.
After a story on ACN, the first close moved a median +3.16%. Up 3 of 3; over the next three trading days, a median −4.67%.
The numbers
fiscal 2026, as filed with the SEC · 66-metric EOD snapshot via Databento
Market cap$167.1B
EV / True FCF16.2x
Revenue$74.2B +6.5%
True FCF (ex-SBC)$9.5B +6.9%
Rule of 4022.2%
ROIC42.7%
True FCF Yield5.7%
EPS, diluted$13.56 +11.6%
Modern Valuation (EOD)
Market Cap$167.1B
Enterprise Value$154.4B
EV / True FCF16.22
EV / FCF13.29
EV / Gross Profit—
EV / EBIT13.54
EV / Sales2.08
P / E (GAAP)19.98
P / FCF14.38
P / Oper. CF13.52
P / Book5.11
Owner & Cash Yields
True FCF Yield5.7%
FCF Yield7.0%
Owner Earn. Yield3.7%
Earnings Yield5.0%
Shareholder Yield+4.7%
Buyback Yield4.5%
Dividend Yield2.23%
Dividend / sh$5.92
Payout Ratio29%
FCF / sh$18.24
EPS (diluted)$13.56
Compounder & Returns
Rule of 4022.2%
ROIC42.7%
Cash ROIC (CROIC)58.1%
GP / Assets—
ROE25.6%
ROA11.4%
Gross Margin—
Oper. Margin15.4%
Net Margin11.3%
FCF Margin15.7%
True FCF Margin12.8%
Quality & Dilution
Cash Conversion139%
Accrual Ratio−5.4%
SBC % of FCF18.1%
SBC % of Rev2.8%
Reinvest. Rate14%
Sales Growth Y/Y+6.5%
Sales 3Y CAGR+5.0%
EPS Growth Y/Y+11.6%
FCF Growth Y/Y+6.9%
FCF 3Y CAGR+8.9%
Share Change Y/Y−2.4%
Balance Sheet & Scale
Revenue (FY)$74.2B
Gross Profit (FY)—
Oper. Income (FY)$11.4B
GAAP Net Income$8.4B
True FCF (ex-SBC)$9.5B
Cash & Equiv$12.8B
Total Debt$113.1M
Net Cash (Debt)$12.7B
Net Cash % MCap+7.6%
Debt / FCF (yrs)0.0y
Current Ratio1.43637.02M sh
Price & Technicals (EOD)
Perf Week+7.26%
Perf Month+34.85%
Perf Quarter+50.90%
Perf Half Y+47.16%
Perf YTD+35.94%
SMA 20 Dist+10.31%$240.38
SMA 50 Dist+26.96%$208.86
SMA 100 Dist+46.00%$181.62
Window High0.00%$265.16
Window Low+113.08%$124.44
RSI (14) · Vol69.847%v
Income Distribution & Cash Flow ConversionHow every dollar of ACN revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
Unlocked SEC EDGAR Accounting Statements (USD)All 3 statements · Common-size (% of Revenue / Assets) · YoY growth · Tap any core row to explain
Line Item (USD)
FY2022
FY2023
FY2024
FY2025
FY2026
YoY Δ
4Y CAGR
Trend
Income Statement
Revenue ▸
$61.6B
$64.1B
$64.9B
$69.7B
$74.2B
+6.5%
+4.8%
Cost of Revenue (COGS)
$41.9B
$43.4B
$43.7B
$47.4B
$50.4B
+6.3%
+4.7%
Research & Development (R&D)
$1.1B
$1.3B
$1.2B
$817.3M
$1.0B
+23.7%
−2.6%
Operating Income (EBIT) ▸
$9.4B
$8.8B
$9.6B
$10.2B
$11.4B
+11.5%
+5.0%
Interest Expense
$47.3M
$47.5M
$59.0M
$228.6M
$303.4M
+32.7%
+59.1%
Income Tax Expense
$2.2B
$2.1B
$2.3B
$2.4B
$2.8B
+16.9%
+6.6%
GAAP Net Income ▸
$6.9B
$6.9B
$7.3B
$7.7B
$8.4B
+9.0%
+5.0%
Diluted EPS ▸
$10.71
$10.77
$11.44
$12.15
$13.56
+11.6%
+6.1%
Diluted Shares
642.8M
638.6M
635.9M
632.4M
617.5M
−2.4%
−1.0%
Balance Sheet
Cash & Equivalents
$7.9B
$9.0B
$5.0B
$11.5B
$12.8B
+11.8%
+12.9%
Total Current Assets
$21.6B
$23.4B
$20.9B
$28.9B
$31.8B
+10.1%
+10.2%
Total Assets
$47.3B
$51.2B
$55.9B
$65.4B
$73.6B
+12.5%
+11.7%
Total Current Liabilities
$17.5B
$18.0B
$19.0B
$20.4B
$22.3B
+9.6%
+6.2%
Total Debt (Short + Long Term)
$9.2M
$104.8M
$946.2M
$114.5M
$113.1M
−1.2%
+87.4%
Stockholders' Equity
$22.7B
$26.5B
$29.2B
$32.2B
$32.7B
+1.5%
+9.5%
Net Cash / (Net Debt)
$7.9B
$8.9B
$4.1B
$11.4B
$12.7B
+11.9%
+12.7%
Invested Capital
$14.9B
$17.5B
$25.1B
$20.9B
$20.0B
−4.2%
+7.7%
Cash Flow & Capital Allocation
Operating Cash Flow (OCF) ▸
$9.5B
$9.5B
$9.1B
$11.5B
$12.4B
+7.7%
+6.7%
Depreciation & Amortization (D&A)
$1.3B
$1.4B
$1.4B
$622.5M
$580.5M
−6.7%
−18.6%
Stock-Based Compensation (SBC)
$1.7B
$1.9B
$1.9B
$2.1B
$2.1B
+0.3%
+5.7%
Capital Expenditures (CapEx)
$718.0M
$528.2M
$516.5M
$600.0M
$742.7M
+23.8%
+0.9%
Free Cash Flow (FCF) ▸
$8.8B
$9.0B
$8.6B
$10.9B
$11.6B
+6.9%
+7.1%
True FCF (ex-SBC Owner Cash)
$7.1B
$7.1B
$6.7B
$8.8B
$9.5B
+8.4%
+7.4%
Share Repurchases (Buybacks)
$4.1B
$4.3B
$4.5B
$4.6B
$7.5B
+62.8%
+16.3%
Dividends Paid
$2.5B
—
—
—
$2.5B
—
+0.0%
Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.
The Wire at 7 AM ET, free. Top stories with a bull and a bear case on each, every morning. No account needed.
What happened · big days
23 big days in a year, and what we hold on each
A big day is a close more than 4.93% from the one before, three times ACN’s median day (1.64%). On 1 of the 23, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.
every other trading daya big day, numbered in the list below±4.93%Hover a bar for its day. Click a big day to open it.
Shaded: since our stories began, Jun 10. Tap a bar for its day.
#DayACNWhat we hold that dayGroup (median of 4) · each
1 Feb 3, 2026−9.59%
Before our storiesgroup −2.1%, did not move with it
1Feb 3, 2026−9.59%
Before our stories
−2.1% did not move with itUBER −3.6 · BABA −2.8 · V −1.5 · MA −0.8
2 Feb 23, 2026−6.58%
Before our storiesgroup −4.4%, moved with ACN
2Feb 23, 2026−6.58%
Before our stories
−4.4% moved with ACNMA −5.8 · V −4.5 · UBER −4.3 · BABA −1.1
3 Feb 26, 2026+8.29%
Before our storiesgroup +1.1%, did not move with it
3Feb 26, 2026+8.29%
Before our stories
+1.1% did not move with itUBER +2.7 · V +1.2 · MA +1.1 · BABA −2.8
4 Apr 13, 2026+6.92%
Before our storiesgroup +1.8%, did not move with it
4Apr 13, 2026+6.92%
Before our stories
+1.8% did not move with itUBER +2.6 · MA +2.0 · V +1.6 · BABA +0.5
5 Apr 23, 2026−6.22%
Before our storiesgroup −1.3%, did not move with it
5Apr 23, 2026−6.22%
Before our stories
−1.3% did not move with itBABA −3.5 · MA −1.5 · UBER −1.2 · V −0.8
6 May 13, 2026−5.97%
Before our storiesgroup −1.9%, did not move with it
6May 13, 2026−5.97%
Before our stories
−1.9% did not move with itUBER −2.2 · V −1.9 · MA −1.8 · BABA +8.2
7 May 18, 2026+5.17%
Before our storiesgroup +1.3%, did not move with it
7May 18, 2026+5.17%
Before our stories
+1.3% did not move with itMA +2.4 · V +2.1 · BABA +0.5 · UBER −0.0
8 Jun 1, 2026+5.09%
Before our storiesgroup +0.6%, did not move with it
8Jun 1, 2026+5.09%
Before our stories
+0.6% did not move with itUBER +4.8 · BABA +0.9 · MA +0.3 · V −1.1
9 Jun 2, 2026−5.27%
Before our storiesgroup −2.3%, did not move with it
9Jun 2, 2026−5.27%
Before our stories
−2.3% did not move with itMA −3.5 · UBER −2.9 · V −1.7 · BABA +4.3
10 Jun 17, 2026−5.75%
Nothing on ACNgroup −2.4%, did not move with it
10Jun 17, 2026−5.75%
Nothing on ACNNo ACN story, brief or results filing in our record that day
−2.4% did not move with itUBER −3.2 · BABA −3.2 · MA −1.7 · V −0.8
−0.2% did not move with itV +0.1 · BABA −0.1 · MA −0.3 · UBER −0.9
21 Oct 2, 2026−6.31%
Nothing on ACNgroup +0.3%, did not move with it
21Oct 2, 2026−6.31%
Nothing on ACNNo ACN story, brief or results filing in our record that day
+0.3% did not move with itBABA −1.5 · V +0.2 · UBER +0.3 · MA +0.4
22 Oct 8, 2026+5.96%
Nothing on ACNgroup +0.8%, did not move with it
22Oct 8, 2026+5.96%
Nothing on ACNNo ACN story, brief or results filing in our record that day
+0.8% did not move with itUBER +2.6 · MA +0.8 · V +0.8 · BABA −1.2
23 Oct 22, 2026+7.69%
Nothing on ACNgroup +1.6%, did not move with it
23Oct 22, 2026+7.69%
Nothing on ACNNo ACN story, brief or results filing in our record that day
+1.6% did not move with itUBER +2.1 · MA +1.7 · V +1.6 · BABA −2.5
A story on the same day is not a cause, and a group move is not proof either. Group: the median of V, MA, BABA and UBER that day, the largest companies in ACN’s SEC industry; “moved with ACN” means the same direction and at least half the size.
What’s next · results
Before the next report: what the first day after the last four did
Six trading days after each results filing (SEC 8-K, Item 2.02). ACN reports before the open, so day 1 is that day’s close. Each time, day 6 ended on the same side as day 1.
Reported Dec 18, 2025
day 1−1.38%day 6−0.97%
Reported Mar 19, 2026
day 1+4.30%day 6+0.65%
Reported Jun 18, 2026
day 1−17.97%day 6−17.33%
Reported Oct 1, 2026
day 1+15.78%day 6+13.63%
Next report: expected mid-to-late DecemberEstimated from the dates of its last four results filings. Not announced. Since the Oct 1 report: +44.12%. Four reports is a small sample.
Each line is ACN’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.
Same industry
ACN against four same-industry peers, a year at 100
ACN is up 7.5% in a year. Visa is up 25.8% and Mastercard 18.8%. Of these four, Uber (−25.2%) and Alibaba Group (−36.7%) did less. Weekly closes, Nov 7, 2025 = 100, on a log scale, so the same percentage move is the same height on every line.
End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in ACN’s SEC industry (Services-Business Services, Nec) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.