acn organic vs inorganic growth yoy for last 5 years

Here is the year-over-year revenue growth breakdown for Accenture (ACN) over its last five full fiscal years, separated by organic growth (existing business operations) and inorganic growth (revenue contributed by acquisitions).

Accenture reports its operating growth metrics in Local Currency (LC) to strip out the impact of foreign exchange rate fluctuations. The company's fiscal year ends on August 31st.

ACN Revenue Growth Breakdown (FY2021 – FY2025)

Key Context:

• FY22 Anomaly: Fiscal 2022 was an outlier year for the entire IT services sector, driven by a massive post-pandemic surge in digital transformation and cloud migration spending, leading to record organic growth.
• FY24 Squeeze: In FY24, broader macroeconomic headwinds and a pullback in discretionary tech spending caused organic growth to turn slightly negative. The company relied heavily on its aggressive M&A strategy to maintain positive top-line growth.
• M&A Engine: Accenture consistently uses acquisitions as a primary engine for growth, typically aiming for inorganic contributions of around 2% to 3% annually to bolt on new capabilities (such as AI, cybersecurity, and specialized industry consulting).