Accel Entertainment, Inc. ACEL
We are a leading distributed gaming operator in the United States ("U.S."), as well as a developer of brick-and-mortar casinos that serve local gaming markets and horse racing venues. We are a preferred partner for local business owners in the markets we serve. We offer turnkey, full-service gaming solutions to bars, restaurants, convenience stores, truck stops, and fraternal and veteran establishments across the country as well as casinos and horse racing venues. Our focus is providing unmatched customer support, guidance, and expertise so our location partners can grow their businesses with an additional revenue stream. We install, maintain, operate and service games of chance and games of skill, which we refer to as gaming terminals, and related equipment for our location partners as well as redemption devices that have automated teller machine ("ATM") functionality and stand-alone ATMs. We offer amusement devices, including jukeboxes, dartboards, pool tables, and other entertainment related equipment. These operations provide a complementary source of lead generation for our gaming business by offering a "one-stop" source of additional equipment for our location partners.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Reportable Segment
- Other Operating Segment
| Segment | FY2025 |
|---|---|
| Reportable Segment | $1.30B |
| Other Operating Segment | $35.8M |
As the company reported it, from the “Segment Reporting - Schedule of Segment Reporting Information, by Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.23B | $1.17B | $969.8M | $734.7M | $316.4M | $428.7M | $335.1M | $248.4M | — |
| SG&A | $219.3M | $194.7M | $180.2M | $145.9M | $110.8M | $77.4M | $69.3M | $54.3M | $45.4M | — |
| Total operating expenses | $1.22B | $1.14B | $1.06B | $872.9M | $664.5M | $341.0M | $415.4M | $310.2M | $230.3M | — |
| Operating income | $107.9M | $90.9M | $107.4M | $96.9M | $70.2M | -$24.7M | $13.3M | $24.9M | $18.2M | — |
| Interest expense | — | — | — | — | — | $13.7M | $12.9M | $9.6M | $8.1M | — |
| Pre-tax income | $71.9M | $53.7M | $65.7M | $94.8M | $46.6M | -$17.3M | -$31.6M | $15.2M | $10.1M | — |
| Income tax | $20.7M | $18.4M | $20.1M | $20.7M | $15.0M | $16.9M | $5.2M | $4.4M | $1.8M | — |
| Net income | $51.5M | $35.3M | $45.6M | $74.1M | $31.6M | -$410.0K | -$36.8M | $10.8M | $8.3M | — |
| EPS, basic | 0.61 | 0.42 | 0.53 | 0.82 | 0.34 | 0.00 | -0.59 | 0.19 | 0.15 | — |
| EPS, diluted | 0.60 | 0.41 | 0.53 | 0.81 | 0.33 | -0.02 | -0.59 | 0.17 | 0.14 | — |
| Shares, diluted (wtd. avg.) | 86.4M | 85.0M | 86.8M | 91.2M | 94.6M | 83.1M | 61.8M | 62.2M | 59.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $296.6M | $281.3M | $261.6M | $224.1M | $198.8M | $134.5M | $125.4M | $92.2M | $75.3M | $54.0M |
| Short-term investments | — | — | $0 | $32.1M | $32.1M | $0 | $11.0M | $0 | — | — |
| Receivables | $14.2M | $10.6M | $13.5M | $11.2M | $5.1M | — | — | — | — | — |
| Inventory | $8.2M | $8.1M | $7.7M | $6.9M | $0 | — | — | — | — | — |
| Total current assets | $343.0M | $326.2M | $312.6M | $299.2M | $248.0M | $152.0M | $151.5M | $102.0M | $506.8K | — |
| Property, plant and equipment | $350.3M | $308.0M | $260.8M | $211.8M | $152.3M | $143.6M | $119.2M | $92.4M | — | — |
| Goodwill | $114.4M | $116.3M | $101.6M | $100.7M | $46.2M | $45.8M | $34.5M | $0 | — | — |
| Other intangibles | $186.4M | $202.6M | $176.3M | $189.3M | $150.7M | $167.7M | $166.8M | $126.0M | — | — |
| Total assets | $1.10B | $1.05B | $912.9M | $862.8M | $616.1M | $560.2M | $509.3M | $335.2M | $450.5M | — |
| Short-term debt | $37.6M | $34.4M | $28.5M | $23.5M | $17.5M | $18.2M | $15.0M | $62.5M | — | — |
| Total current liabilities | $131.5M | $118.4M | $109.7M | $89.9M | $71.8M | $52.4M | $54.9M | $85.9M | $157.4K | — |
| Long-term debt | $569.8M | $560.9M | $514.1M | $518.6M | $324.0M | $321.9M | $334.7M | $168.9M | — | — |
| Total liabilities | — | — | — | — | — | — | — | $16.0M | $15.9M | — |
| Retained earnings | $186.2M | $134.7M | $99.5M | $53.9M | -$20.2M | -$51.8M | -$51.4M | -$17.2M | -$376.4K | — |
| Total equity | $269.7M | $255.0M | $198.4M | $178.6M | $158.5M | $127.9M | -$43.0M | $57.1M | $44.5M | $24.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $150.9M | $121.2M | $132.5M | $108.0M | $110.8M | -$3.7M | $45.6M | $44.3M | $33.1M | — |
| Depreciation and amortisation | $52.7M | $44.0M | $37.9M | $29.3M | $24.6M | $21.0M | $26.4M | $20.8M | $16.8M | — |
| Stock-based compensation | $12.2M | $12.2M | $9.4M | $6.8M | $6.4M | $5.5M | $2.2M | $453.0K | $804.0K | — |
| Capital expenditure | $88.9M | $66.5M | $81.7M | $47.4M | $29.8M | $25.8M | $20.8M | $23.2M | $23.6M | — |
| Investing cash flow | -$100.6M | -$124.2M | -$59.8M | -$189.3M | -$34.5M | -$61.4M | -$151.5M | -$73.5M | -$70.9M | — |
| Financing cash flow | -$35.1M | $22.7M | -$35.2M | $106.6M | -$11.9M | $74.2M | $139.1M | $46.1M | $59.1M | — |
| Buybacks | $39.9M | $25.5M | $30.1M | $79.0M | $9.0M | $0 | $0 | $3.3M | $123.0K | — |
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 0001698991-26-000018.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $248.4M | $335.1M | $428.7M | $316.4M | $734.7M | $969.8M | $1.17B | $1.23B | $1.33B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | — | $8.3M | $10.8M | -$36.8M | -$410.0K | $31.6M | $74.1M | $45.6M | $35.3M | $51.5M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7900
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| LLYVK | Liberty Live Holdings, Inc. | $9.20B | — | 12.2% |
| SPHR | Sphere Entertainment Co. | $3.94B | 147.2x | 19.0% |
| BATRK | Atlanta Braves Holdings, Inc. | $3.18B | — | 10.5% |
| FUN | Six Flags Entertainment Corporation/NEW | $692.7M | — | 14.4% |
| RSVR | Reservoir Media, Inc. | $631.0M | 73.6x | 10.7% |
| LUCK | Lucky Strike Entertainment Corp | $571.1M | — | 3.7% |