ACELNYSEServices-Amusement & Recreation ServicesFiscal year ends December 31
Accel Entertainment, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$10.85−0.03 (-0.28%)
Close on Oct 19, 2026
- Market cap
- $905.05M
- P/E (TTM)
- 16.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
99.6%−0.4 pts over 5 years
Operating margin
8.1%+15.9 pts over 5 years
Net margin
3.9%+4.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.1% | +11.1% | +33.3% | – | |
| Gross profit | +8.3% | +11.2% | +33.2% | – | |
| Operating income | +18.7% | +3.6% | – | – | |
| Net income | +46.0% | -11.4% | – | – | |
| EPS, diluted | +46.3% | -9.5% | – | – | |
| Free cash flow | +13.4% | +0.7% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -1.0% | 19.6% | |
| Return on assets | – | -0.1% | 4.8% | |
| Current ratio | – | 2.90 | 2.61 | |
| Debt to equity | – | 2.66 | 2.25 | |
| Net debt to EBITDA | – | – | 1.94× | |
| Interest coverage | – | -1.8× | – | |
| Inventory turnover | – | – | 0.7× | |
| Capex to revenue | – | 8.1% | 6.7% | |
| Diluted shares | – | 83M | 86M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Accel Entertainment generated $623.35M from operations and spent $497.76M on capital expenditure, dividends and share buybacks. 63% of that went back into the business.
Generated
$623.35M
Used
$497.76M
Capital expenditure$314.34M63%Dividends$00%Share buybacks$183.41M37%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.9%
×Asset turnover1.24×
×Equity multiplier4.10×
=Return on equity, FY202519.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.9% | 1.24× | 4.10× | 19.6% |
| FY2024 | 2.9% | 1.26× | 4.33× | 15.5% |
| FY2023 | 3.9% | 1.32× | 4.71× | 24.2% |
| FY2022 | 7.6% | 1.31× | 4.39× | 44.0% |
| FY2021 | 4.3% | 1.25× | 4.11× | 22.0% |
| FY2020 | -0.1% | 0.59× | 12.60× | -1.0% |
| FY2019 | -8.6% | 1.02× | 59.86× | -521.2% |
| FY2018 | 3.2% | 0.85× | 7.73× | 21.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$51.47M
- Cash generatingOperating cash flow above zero$150.88M
- Return on assets improvedROA up on the prior year3.9% → 4.9%
- Earnings backed by cashOperating cash flow above net income$150.88M vs $51.47M
- Less leverageLong-term debt to assets fell53.5% → 51.6%
- Better liquidityCurrent ratio rose2.76 → 2.61
- No dilutionShare count did not rise85M → 86M
- Gross margin improvedGross margin up on the prior year99.42% → 99.58%
- More efficientAsset turnover rose1.35 → 1.27