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ACCO BRANDS Corp

ACCO Clue Score21
United States Fiscal year ends December CIK 0000712034
$4.49 +0.67% Close, 9 Oct 2026
Price $4.49 −48.98% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,557.1Operating income159.1Net income95.5EPS, diluted0.87Fiscal year 2017Revenue1,948.8 +25.2%Operating income184.5Net income131.7 +37.9%EPS, diluted1.19 +36.8%Fiscal year 2018Revenue1,941.2 −0.4%Operating income187.0Net income106.7 −19.0%EPS, diluted1.00 −16.0%Fiscal year 2019Revenue1,955.7 +0.7%Operating income196.2Net income106.8 +0.1%EPS, diluted1.06 +6.0%Fiscal year 2020Revenue1,655.2 −15.4%Operating income112.4Net income62.0 −41.9%EPS, diluted0.65 −38.7%Fiscal year 2021Revenue2,025.3 +22.4%Operating income151.0Net income101.9 +64.4%EPS, diluted1.05 +61.5%Fiscal year 2022Revenue1,947.6 −3.8%Operating income34.8Net income−13.2 −113.0%EPS, diluted−0.14 −113.3%Fiscal year 2023Revenue1,832.8 −5.9%Operating income44.7Net income−21.8EPS, diluted−0.23Fiscal year 2024Revenue1,666.2 −9.1%Operating income−37.0Net income−101.6EPS, diluted−1.06Fiscal year 2025Revenue1,524.7 −8.5%Operating income92.3Net income41.3EPS, diluted0.44
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,557.1 1,948.8 1,941.2 1,955.7 1,655.2 2,025.3 1,947.6 1,832.8 1,666.2 1,524.7
Growth +25.2% −0.4% +0.7% −15.4% +22.4% −3.8% −5.9% −9.1% −8.5%
Operating income 159.1 184.5 187.0 196.2 112.4 151.0 34.8 44.7 −37.0 92.3
Net income 95.5 131.7 106.7 106.8 62.0 101.9 −13.2 −21.8 −101.6 41.3
Growth +37.9% −19.0% +0.1% −41.9% +64.4% −113.0%
EPS, diluted 0.87 1.19 1.00 1.06 0.65 1.05 −0.14 −0.23 −1.06 0.44
Growth +36.8% −16.0% +6.0% −38.7% +61.5% −113.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin33.1%Operating margin10.2%Net margin6.1%Free cash flow margin9.5%Fiscal year 2017Gross margin33.7%Operating margin9.5%Net margin6.8%Free cash flow margin8.9%Fiscal year 2018Gross margin32.3%Operating margin9.6%Net margin5.5%Free cash flow margin8.3%Fiscal year 2019Gross margin32.4%Operating margin10.0%Net margin5.5%Free cash flow margin8.7%Fiscal year 2020Gross margin29.7%Operating margin6.8%Net margin3.7%Free cash flow margin6.3%Fiscal year 2021Gross margin30.4%Operating margin7.5%Net margin5.0%Free cash flow margin6.8%Fiscal year 2022Gross margin28.4%Operating margin1.8%Net margin−0.7%Free cash flow margin3.1%Fiscal year 2023Gross margin32.6%Operating margin2.4%Net margin−1.2%Fiscal year 2024Gross margin33.3%Operating margin−2.2%Net margin−6.1%Fiscal year 2025Gross margin32.8%Operating margin6.1%Net margin2.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 33.1% 33.7% 32.3% 32.4% 29.7% 30.4% 28.4% 32.6% 33.3% 32.8%
Operating margin 10.2% 9.5% 9.6% 10.0% 6.8% 7.5% 1.8% 2.4% −2.2% 6.1%
Net margin 6.1% 6.8% 5.5% 5.5% 3.7% 5.0% −0.7% −1.2% −6.1% 2.7%
Free cash flow margin 9.5% 8.9% 8.3% 8.7% 6.3% 6.8% 3.1% n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow167.1Capital expenditure−18.5Free cash flow148.6Buybacks0.0Dividends paid0.0Fiscal year 2017Operating cash flow204.9Capital expenditure−31.0Free cash flow173.9 +17.0%Buybacks−36.6Dividends paid0.0Fiscal year 2018Operating cash flow194.8Capital expenditure−34.1Free cash flow160.7 −7.6%Buybacks−75.0Dividends paid−25.1Fiscal year 2019Operating cash flow203.9Capital expenditure−32.8Free cash flow171.1 +6.5%Buybacks−65.0Dividends paid−24.4Fiscal year 2020Operating cash flow119.2Capital expenditure−15.3Free cash flow103.9 −39.3%Buybacks−18.9Dividends paid−24.6Fiscal year 2021Operating cash flow159.6Capital expenditure−21.2Free cash flow138.4 +33.2%Buybacks0.0Dividends paid−25.8Fiscal year 2022Operating cash flow77.6Capital expenditure−17.7Free cash flow59.9 −56.7%Buybacks−19.4Dividends paid−28.6Fiscal year 2023Operating cash flow128.7Buybacks0.0Dividends paid−28.5Fiscal year 2024Operating cash flow148.2Buybacks−15.0Dividends paid−28.4Fiscal year 2025Operating cash flow68.7Buybacks−15.1Dividends paid−27.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 167.1 204.9 194.8 203.9 119.2 159.6 77.6 128.7 148.2 68.7
Capital expenditure −18.5 −31.0 −34.1 −32.8 −15.3 −21.2 −17.7 n/a n/a n/a
Free cash flow 148.6 173.9 160.7 171.1 103.9 138.4 59.9 n/a n/a n/a
Growth +17.0% −7.6% +6.5% −39.3% +33.2% −56.7%
Buybacks 0.0 −36.6 −75.0 −65.0 −18.9 0.0 −19.4 0.0 −15.0 −15.1
Dividends paid 0.0 0.0 −25.1 −24.4 −24.6 −25.8 −28.6 −28.5 −28.4 −27.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash42.9Total debt632.5Net cash (debt)−589.6Shareholders’ equity708.7Debt to equity0.89Fiscal year 2017Cash76.9Total debt932.4Net cash (debt)−855.5Shareholders’ equity774.1Debt to equity1.20Fiscal year 2018Cash67.0Total debt882.5Net cash (debt)−815.5Shareholders’ equity789.7Debt to equity1.12Fiscal year 2019Cash27.8Total debt806.7Net cash (debt)−778.9Shareholders’ equity773.7Debt to equity1.04Fiscal year 2020Cash36.6Total debt1,125.4Net cash (debt)−1,088.8Shareholders’ equity742.7Debt to equity1.52Fiscal year 2021Cash41.2Total debt987.7Net cash (debt)−946.5Shareholders’ equity864.8Debt to equity1.14Fiscal year 2022Cash62.2Total debt986.2Net cash (debt)−924.0Shareholders’ equity810.1Debt to equity1.22Fiscal year 2023Cash66.4Total debt918.7Net cash (debt)−852.3Shareholders’ equity787.0Debt to equity1.17Fiscal year 2024Cash74.1Total debt824.1Net cash (debt)−750.0Shareholders’ equity606.1Debt to equity1.36Fiscal year 2025Cash64.4Total debt836.8Net cash (debt)−772.4Shareholders’ equity664.6Debt to equity1.26
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 42.9 76.9 67.0 27.8 36.6 41.2 62.2 66.4 74.1 64.4
Total debt 632.5 932.4 882.5 806.7 1,125.4 987.7 986.2 918.7 824.1 836.8
Net cash (debt) −589.6 −855.5 −815.5 −778.9 −1,088.8 −946.5 −924.0 −852.3 −750.0 −772.4
Shareholders’ equity 708.7 774.1 789.7 773.7 742.7 864.8 810.1 787.0 606.1 664.6
Debt to equity 0.89 1.20 1.12 1.04 1.52 1.14 1.22 1.17 1.36 1.26

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1,557.1 1,948.8 1,941.2 1,955.7 1,655.2 2,025.3 1,947.6 1,832.8 1,666.2 1,524.7
Growth +25.2% −0.4% +0.7% −15.4% +22.4% −3.8% −5.9% −9.1% −8.5%
1,042.2 1,291.5 1,313.4 1,322.2 1,162.8 1,410.4 1,395.3 1,234.5 1,110.8 1,024.7
514.9 657.3 627.8 633.5 492.4 614.9 552.3 598.3 555.4 500.0
Growth +27.7% −4.5% +0.9% −22.3% +24.9% −10.2% +8.3% −7.2% −10.0%
21.0 23.5 23.8 21.8 19.7 26.6 26.3 25.8 23.0 22.0
328.8 415.5 392.4 389.9 336.3 392.6 376.7 393.5 365.7 346.7
159.1 184.5 187.0 196.2 112.4 151.0 34.8 44.7 −37.0 92.3
Growth +16.0% +1.4% +4.9% −42.7% +34.3% −77.0% +28.4% −182.8%
125.1 158.1 157.9 163.5 78.6 111.4 14.9 −13.1 −87.3 49.1
29.6 24.0 51.2 56.7 16.6 9.5 28.1 8.7 14.3 7.8
95.5 131.7 106.7 106.8 62.0 101.9 −13.2 −21.8 −101.6 41.3
Growth +37.9% −19.0% +0.1% −41.9% +64.4% −113.0%
Per share
0.89 1.22 1.02 1.07 0.65 1.07 −0.14 −0.23 −1.06 0.45
0.87 1.19 1.00 1.06 0.65 1.05 −0.14 −0.23 −1.06 0.44
Growth +36.8% −16.0% +6.0% −38.7% +61.5% −113.3%
107.0 108.1 104.8 99.5 94.9 95.5 95.3 95.3 95.6 92.1
109.2 110.9 107.0 101.0 96.1 97.1 95.3 95.3 95.6 94.0
Growth +1.6% −3.5% −5.6% −4.9% +1.0% −1.9% +0.0% +0.3% −1.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 1.6% a year over five years, and earnings per share fell 7.5% a year.
  • The diluted share count fell 2.2% in five years, so buybacks did some of the work per share.
  • Operating margin is flat at 6.1%.
  • A net loss in 3 of 10 years on file.