9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 33.3% per year over the past 5 years.
Operating margin has expanded, at 8.1% in the latest year.
Financial health
Total debt ($607M) exceeds cash ($297M); net debt is $311M.
Total debt has grown slower than revenue (12.3% vs 33.3% per year).
Total debt is 3.8× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.3B
$51M
0.0%
8.1%
19.1%
4.7%
$62M
$607M
$297M
2024
$1.2B
$35M
0.0%
7.4%
13.8%
3.4%
$55M
$595M
$281M
2023
$1.2B
$46M
0.0%
9.2%
23.0%
5.0%
$51M
$543M
$262M
2022
$970M
$74M
0.0%
10.0%
41.5%
8.6%
$61M
$542M
$224M
2021
$735M
$32M
0.0%
9.6%
19.9%
5.1%
$81M
$342M
$199M
2020
$316M
-$410000
0.0%
-7.8%
-0.3%
-0.1%
-$29M
$340M
$134M
2019
$429M
-$37M
0.0%
3.1%
85.5%
-7.2%
$25M
$350M
$125M
2018
$335M
$11M
0.0%
7.4%
18.9%
3.2%
$21M
$231M
$92M
2017
$248M
$8M
0.0%
-0.2%
18.7%
1.8%
-$24M
—
$372073
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$364M
$21M
0.0%
7.9%
6.7%
1.8%
$61M
$566M
$294M
Jun '26
$368M
$12M
0.0%
8.7%
4.4%
1.1%
$9M
$573M
$255M
Mar '26
$352M
$15M
0.0%
7.7%
5.4%
1.4%
$20M
$581M
$274M
Dec '25
$341M
$16M
0.0%
8.7%
6.0%
1.5%
$16M
$607M
$297M
Sep '25
$330M
$13M
0.0%
7.7%
5.0%
1.2%
$34M
$595M
$290M
Jun '25
$336M
$7M
0.0%
8.0%
2.8%
0.7%
-$6M
$595M
$265M
Mar '25
$324M
$15M
0.0%
8.0%
5.7%
1.4%
$18M
$581M
$272M
Dec '24
$318M
$8M
0.0%
6.5%
3.3%
0.8%
$2M
$595M
$281M
Sep '24
$302M
$5M
0.0%
7.2%
2.4%
0.5%
$33M
$554M
$265M
Jun '24
$309M
$15M
0.0%
7.3%
7.0%
1.5%
$11M
$566M
$255M
Mar '24
$302M
$7M
0.0%
8.5%
3.7%
0.8%
$8M
$540M
$254M
Dec '23
$297M
$16M
0.0%
8.6%
8.1%
1.8%
$19M
$543M
$262M
Sep '23
$287M
$10M
0.0%
8.7%
5.3%
1.2%
$10M
$512M
$230M
Jun '23
$293M
$10M
0.0%
10.0%
5.3%
1.2%
$6M
$518M
$233M
Mar '23
$293M
$9M
0.0%
9.4%
5.0%
1.1%
$17M
$538M
$229M
Dec '22
$278M
$13M
0.0%
9.0%
7.5%
1.6%
$15M
$542M
$224M
Sep '22
$267M
$22M
0.0%
8.7%
12.4%
2.7%
$17M
$521M
$212M
Jun '22
$228M
$22M
0.0%
12.0%
12.9%
2.8%
$13M
$502M
$220M
Mar '22
$197M
$16M
0.0%
10.8%
9.5%
2.5%
$15M
$342M
$195M
Dec '21
$192M
$7M
0.0%
8.9%
4.3%
1.1%
$20M
$342M
$199M
Valuation over time
How the market has priced ACEL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 9.9× (Mar '23) to 18.5× (Nov '26).
The price-to-sales ratio has fallen from 0.8× (Mar '23) to 0.7× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ACEL growing its revenue and profit?
Over the past 5 years, Accel Entertainment, Inc.'s revenue has grown 33.3% per year. These are computed facts, not advice.
How much debt does ACEL have?
As of FY2025, Accel Entertainment, Inc. reported $607M of total debt against $297M of cash.
What is ACEL's profit margin?
In FY2025, gross margin was —, operating margin 8.1%, and net margin 3.9%.
What is ACEL's P/E ratio?
Accel Entertainment, Inc.'s P/E (TTM) is 14.90 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ACEL stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 18.5× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.