ACCO
ACCO Brands Corporation
ACCO's fundamentals are mixed: free cash flow grew 43%, while its operating margin held steady at 5.8%. At 7.6x earnings, it's trading below its usual 8.6x. Analysts expect earnings growth.
ACCO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Weak |
ACCO's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
ACCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.7x | $3.97 | -26% |
| Forward | 5.8x | $5.35 | — |
| Current | 7.6x | $5.35 | — |
| Fair | 8.6x | $6.00 | +12% |
| Expensive | 11x | $8.04 | +50% |
Historical ranges are pointers, not guarantees.
ACCO's PE is in its fair range at 7.6x. If earnings grow as analysts expect, today's price would be 5.8x next year's earnings, in its cheap range.
ACCO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ACCO, with profitability holding steady.
ACCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.92 | +31% |
| Q3 2026 | $0.70 | +67% |
| Q2 2026 | $0.62 | +32% |
| Q1 2026 | $0.78 | +$1.91 |
| Q4 2025 | $0.44 | +$1.50 |
| Q3 2025 | $0.42 | +$2.30 |
| Q2 2025 | $0.47 | +$2.29 |
| Q1 2025 | -$1.13 | -$0.87 |
| Q4 2024 | -$1.06 | -$0.83 |
ACCO's earnings per share have fallen from their peak: $0.70 over the past year, against $1.23 in early 2022.
ACCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $380.3M | -0.9% |
| Q2 2026 | $415.1M | +5.1% |
| Q1 2026 | $343.7M | +8.3% |
| Q4 2025 | $428.8M | -4.3% |
| Q3 2025 | $383.7M | -8.8% |
| Q2 2025 | $394.8M | -9.9% |
| Q1 2025 | $317.4M | -12% |
| Q4 2024 | $448.1M | -8.3% |
ACCO's revenue fell from its 2021 peak and has held roughly level since: $380M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | +1.2 points |
| Q2 2026 | 7.3% | -1.1 points |
| Q1 2026 | -3% | -0.9 points |
| Q4 2025 | 9.3% | 0 points |
| Q3 2025 | 6.8% | +0.5 points |
| Q2 2025 | 8.4% | +34 points |
| Q1 2025 | -2.1% | -3.8 points |
| Q4 2024 | 9.4% | +20 points |
ACCO's operating margin was 8% last quarter, up 1.2 points from the same quarter a year ago.
ACCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $131.4M | +84% |
| Q2 2026 | -$35.3M | +$3.6M |
| Q1 2026 | $3.5M | -36% |
| Q4 2025 | $30.6M | -42% |
| Q3 2025 | $71.5M | -23% |
| Q2 2025 | -$38.9M | -$13.3M |
| Q1 2025 | $5.5M | -80% |
| Q4 2024 | $52.7M | -9.1% |
ACCO generated $130M in free cash flow over the past year, up 43% from the year before.
ACCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +400K shares |
| 1 year | +2.9% | +2.7M shares |
| 3 years | -0.7% | -700K shares |
| 5 years | -1.3% | -1.3M shares |
| Available history | -5% | -5M shares |
ACCO has 96M diluted shares, up 2.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $100,000 |
| Q1 2025 | $15M |
| Q4 2024 | $2.5M |
ACCO hasn't bought back shares in the past year.
ACCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 5.3x | High |
| Q1 2026 | 4.9x | High |
| Q4 2025 | 4.7x | High |
| Q3 2025 | 4.7x | High |
| Q2 2025 | 5.1x | High |
| Q1 2025 | 33.9x | High |
| Q4 2024 | 21.1x | High |
ACCO's net debt is about 4.5 years of its operating earnings (EBITDA), down from 4.7 years a year ago.
ACCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.3 | Neutral |
| Stochastic | 75.7 | Neutral |
ACCO's weekly RSI is 67 (neutral) and its Stochastic is 76 (neutral).
ACCO PE vs Industrials Sector
| Metric | ACCO | Sector median | Relative |
|---|---|---|---|
| PE | 7.6x | 24x | 68% below |
| PE % | 39 | 58 | 19 pts below |
ACCO is trading at 7.6x earnings, a 68% discount to the Industrials sector's median of 24x.
ACCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.76 | 12% above |
| 20 week MA | $4.43 | 21% above |
| 50 week MA | $4.01 | 33% above |
| 100 week MA | $4.06 | 32% above |
| 200 week MA | $4.72 | 13% above |
ACCO has climbed back above all five of its weekly moving averages, and it's now 13% above its 200-week average.
ACCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.34 | $8.53 | -8.7% |
| 2021 | $8.53 | $8.05 | -5.6% |
| 2022 | $8.05 | $5.58 | -31% |
| 2023 | $5.58 | $6.08 | +9% |
| 2024 | $6.08 | $5.25 | -14% |
| 2025 | $5.25 | $3.73 | -29% |
| 2026 YTD | $3.73 | $5.35 | +43% |
ACCO is up 43% so far in 2026, after finishing lower in five of the previous six years.