ACCO BRANDS Corp ACCO
For a description of certain factors that may have had, or may in the future have, a significant impact on our business, results of operations or financial condition, see "Part I, Item 1A. Risk Factors" of this report.
ACCO Brands is a leading global consumer, technology and business branded products company, providing well-known brands and innovative product solutions used in schools, homes and at work. Approximately 75 percent of our 2025 net sales came from brands that are in the No. 1 or No. 2 position in the product categories in which we compete. Our top 12 brands represented approximately $1.1 billion of our 2025 net sales. Our products are sold primarily in the U.S., Europe, Australia, Canada, Brazil, and Mexico.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.67B | $1.83B | $1.95B | $2.03B | $1.66B | $1.96B | $1.94B | $1.95B | $1.56B |
| Cost of revenue | $1.02B | $1.11B | $1.23B | $1.40B | $1.41B | $1.16B | $1.32B | $1.31B | $1.29B | $1.04B |
| Gross profit | $500.0M | $555.4M | $598.3M | $552.3M | $614.9M | $492.4M | $633.5M | $627.8M | $657.3M | $514.9M |
| R&D | $22.0M | $23.0M | $25.8M | $26.3M | $26.6M | $19.7M | $21.8M | $23.8M | $23.5M | $21.0M |
| SG&A | $346.7M | $365.7M | $393.5M | $376.7M | $392.6M | $336.3M | $389.9M | $392.4M | $415.5M | $328.8M |
| Total operating expenses | $407.7M | $592.4M | $553.6M | $517.5M | $463.9M | $380.0M | $437.3M | $440.8M | $472.8M | $355.8M |
| Operating income | $92.3M | -$37.0M | $44.7M | $34.8M | $151.0M | $112.4M | $196.2M | $187.0M | $184.5M | $159.1M |
| Interest expense | $45.8M | $52.6M | $58.6M | $45.6M | $46.3M | $38.8M | $43.2M | $41.2M | $41.1M | $49.3M |
| Pre-tax income | $49.1M | -$87.3M | -$13.1M | $14.9M | $111.4M | $78.6M | $163.5M | $157.9M | $158.1M | $125.1M |
| Income tax | $7.8M | $14.3M | $8.7M | $28.1M | $9.5M | $16.6M | $56.7M | $51.2M | $24.0M | $29.6M |
| Net income | $41.3M | -$101.6M | -$21.8M | -$13.2M | $101.9M | $62.0M | $106.8M | $106.7M | $131.7M | $95.5M |
| EPS, basic | 0.45 | -1.06 | -0.23 | -0.14 | 1.07 | 0.65 | 1.07 | 1.02 | 1.22 | 0.89 |
| EPS, diluted | 0.44 | -1.06 | -0.23 | -0.14 | 1.05 | 0.65 | 1.06 | 1.00 | 1.19 | 0.87 |
| Shares, diluted (wtd. avg.) | $94.0M | $95.6M | $95.3M | $95.3M | $97.1M | $96.1M | $101.0M | $107.0M | $110.9M | $109.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $64.4M | $74.1M | $66.4M | $62.2M | $41.2M | $36.6M | $27.8M | $67.0M | $76.9M | $42.9M |
| Receivables | $359.7M | $348.9M | $430.7M | $384.1M | $416.1M | $356.0M | $453.7M | $428.4M | $469.3M | $391.0M |
| Inventory | $289.1M | $270.4M | $327.5M | $395.2M | $428.0M | $305.1M | $283.3M | $340.6M | $254.2M | $210.0M |
| Total current assets | $750.3M | $731.5M | $855.4M | $882.3M | $924.9M | $728.2M | $806.0M | $880.2M | $829.6M | $670.7M |
| Property, plant and equipment | $138.8M | $137.5M | $170.1M | $185.1M | $214.6M | $241.4M | $267.1M | $263.7M | $278.5M | $198.4M |
| Goodwill | $478.5M | $446.4M | $590.0M | $671.5M | $802.5M | $827.4M | $718.6M | $708.9M | $670.3M | $587.1M |
| Other intangibles | $696.9M | $709.6M | $815.7M | $847.0M | $902.2M | $977.0M | $758.6M | $787.0M | $839.9M | $565.7M |
| Total assets | $2.25B | $2.23B | $2.64B | $2.79B | $3.09B | $3.05B | $2.79B | $2.79B | $2.80B | $2.06B |
| Accounts payable | $186.7M | $167.3M | $183.7M | $239.5M | $308.2M | $180.2M | $245.7M | $274.6M | $178.2M | $135.1M |
| Short-term debt | $30.8M | $40.8M | $36.5M | $49.7M | $33.6M | $70.8M | $29.5M | $39.5M | $43.2M | $4.8M |
| Total current liabilities | $465.3M | $490.3M | $542.0M | $589.0M | $708.6M | $556.9M | $588.8M | $599.2M | $538.4M | $406.4M |
| Long-term debt | $806.0M | $783.3M | $882.2M | $936.5M | $954.1M | $1.05B | $777.2M | $843.0M | $889.2M | $627.7M |
| Total liabilities | $1.59B | $1.62B | $1.86B | $1.98B | $2.23B | $2.31B | $2.01B | $2.00B | $2.02B | $1.36B |
| Retained earnings | -$675.3M | -$687.6M | -$556.0M | -$504.4M | -$462.0M | -$537.3M | -$574.2M | -$656.8M | -$739.2M | -$871.7M |
| Total equity | $664.6M | $606.1M | $787.0M | $810.1M | $864.8M | $742.7M | $773.7M | $789.7M | $774.1M | $708.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $68.7M | $148.2M | $128.7M | $77.6M | $159.6M | $119.2M | $203.9M | $194.8M | $204.9M | $167.1M |
| Depreciation and amortisation | $26.6M | $28.4M | $32.7M | $37.9M | $39.4M | $37.9M | $34.9M | $34.0M | $35.6M | $30.4M |
| Stock-based compensation | $11.5M | $11.9M | $14.8M | $9.5M | $15.2M | $6.5M | $10.1M | $8.8M | $17.0M | $19.4M |
| Capital expenditure | — | — | — | $17.7M | $21.2M | $15.3M | $32.8M | $34.1M | $31.0M | $18.5M |
| Investing cash flow | -$9.3M | -$12.3M | -$11.2M | -$9.3M | -$5.8M | -$354.7M | -$79.6M | -$71.9M | -$319.1M | -$106.4M |
| Financing cash flow | -$76.7M | -$122.6M | -$117.7M | -$48.3M | -$147.2M | $244.7M | -$163.4M | -$125.6M | $142.2M | -$76.4M |
| Dividends paid | $27.0M | $28.4M | $28.5M | $28.6M | $25.8M | $24.6M | $24.4M | $25.1M | $0 | $0 |
| Buybacks | $15.1M | $15.0M | $0 | $19.4M | $0 | $18.9M | $65.0M | $75.0M | $36.6M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-098616.
Others in SIC 2780
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DLX | DELUXE CORP | $1.11B | 13.5x | 0.5% |