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ACCO

ACCO Brands Corporation

ACCO

ACCO Brands Corporation • NYSE
$3.44 ▲ 0.29% (+0.01)
Market Cap $310.07 M
52w High $6.32
52w Low $3.20
Dividend Yield 0.30%
P/E 8.19
Volume 357.22K
Outstanding Shares 90.14M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $383.7M ▼ $100.6M ▲ $4M ▼ 1.042% ▼ $0.044 ▼ $45.6M ▼
Q2-2025 $394.8M ▲ $96.7M ▼ $29.2M ▲ 7.396% ▲ $0.32 ▲ $52.8M ▲
Q1-2025 $317.4M ▼ $106.3M ▼ $-13.2M ▼ -4.159% ▼ $-0.14 ▼ $-6.7M ▼
Q4-2024 $448.1M ▲ $113.5M ▲ $20.6M ▲ 4.597% ▲ $0.22 ▲ $57.1M ▲
Q3-2024 $420.9M $110.6M $9.3M 2.21% $0.097 $46.3M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $82.5M ▼ $2.259B ▼ $1.615B ▼ $644M ▲
Q2-2025 $133.3M ▼ $2.378B ▲ $1.74B ▲ $637.3M ▲
Q1-2025 $134.6M ▲ $2.269B ▲ $1.663B ▲ $606.1M
Q4-2024 $74.1M ▼ $2.228B ▼ $1.622B ▼ $606.1M ▼
Q3-2024 $102M $2.357B $1.742B $615.5M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $4M ▼ $71.5M ▲ $-5.5M ▼ $-118.1M ▼ $-50.8M ▼ $66M ▲
Q2-2025 $29.2M ▲ $-38.9M ▼ $11.9M ▲ $21.8M ▼ $-1.3M ▼ $-43.5M ▼
Q1-2025 $-13.2M ▼ $5.5M ▼ $-12.3M ▼ $64M ▲ $60.5M ▲ $3.3M ▼
Q4-2024 $20.6M ▲ $52.7M ▼ $-3.8M ▼ $-73.1M ▲ $-27.9M ▼ $45.4M ▼
Q3-2024 $9.3M $92.9M $-3.7M $-101M $-10.7M $89.2M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
ACCO Brands International
ACCO Brands International
 $200.00M ▲$140.00M ▼$150.00M ▲$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue grew coming out of the pandemic but has drifted down for three years in a row, now roughly back to its earlier level. Gross profit has held up reasonably well, but operating profit has been squeezed, moving from solidly profitable a few years ago to a small loss most recently. That shift suggests weaker demand, higher costs, or both, and shows that the business currently has limited pricing power and operating leverage working against it. Net income has followed the same pattern, swinging from profits to a noticeable loss, which indicates pressure on the core earnings power of the company.

Balance Sheet

Balance Sheet The balance sheet shows a company that has been gradually shrinking in size, with total assets trending down over several years. Debt has been reduced, which is a positive sign, but shareholders’ equity has also declined, reflecting accumulated losses and a thinner financial cushion. Cash on hand is modest, so flexibility relies heavily on continued access to credit and steady cash generation. Overall, leverage looks manageable but not conservative, and prolonged weak profitability could tighten the balance sheet further.

Cash Flow

Cash Flow Despite weaker earnings, the company has consistently generated positive cash from its operations, which is a key strength. Free cash flow has also been positive each year, helped by relatively light capital spending, suggesting the business is not very asset‑intensive. This cash has likely helped fund debt reduction and ongoing operations, but the margin of safety is not large; there is room for shocks, but not a lot. Sustaining or improving cash flow will be critical if earnings remain under pressure.

Competitive Edge

Competitive Edge ACCO benefits from a deep portfolio of well‑known brands in office, school, and consumer products, plus a broad global distribution network that is difficult for smaller rivals to replicate. Strategic acquisitions, such as in gaming accessories and European office products, have broadened its reach and reduced reliance on traditional office supplies. However, the core categories face structural headwinds from digitization, private‑label competition, and changes in how and where people work and study. The company’s moat is real but not unassailable, and it must keep evolving to offset the slow decline of legacy products.

Innovation and R&D

Innovation and R&D Innovation is focused less on pure research and more on practical product and category evolution. The company is blending physical and digital with tools like the Five Star studying app, expanding into higher‑growth areas such as gaming accessories and air purifiers, and emphasizing design and user experience. It is also modernizing its own systems and pushing more into e‑commerce and cloud infrastructure, which can improve efficiency and responsiveness. Sustainability and eco‑friendly materials are emerging as another differentiation angle. Overall, innovation is targeted and commercially oriented, aimed at refreshing the portfolio and finding new growth pockets rather than transforming the business overnight.

Summary

ACCO looks like a mature business in transition: legacy office and school products are under pressure, while newer categories in gaming, wellness, and digital tools are being built up. Financially, the story is mixed—steady positive cash flow and gradual debt reduction are positives, but revenue slippage and a move into losses highlight real challenges. The balance sheet remains serviceable but has less room for prolonged weakness than in the past. The long‑term picture depends on how effectively the company can grow its newer, higher‑potential lines and stabilize or gracefully manage decline in its traditional products, all while preserving cash and keeping leverage in check.

NEWS

November 19, 2025 · 4:15 PM UTC

ACCO GROUP HOLDINGS LIMITED ANNOUNCES PARTIAL EXERCISE OF UNDERWRITERS' OVER-ALLOTMENT OPTION

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November 12, 2025 · 8:00 AM UTC

Kensington Thunderbolt 5 Docks Maximize Speed, Storage, and Productivity for Power Users

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October 30, 2025 · 4:05 PM UTC

ACCO Brands Reports Third Quarter Results

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October 28, 2025 · 8:00 AM UTC

Kensington Announces Flagship Finger-Operated Trackball for Creative Professionals

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October 24, 2025 · 7:00 AM UTC

ACCO Brands Corporation Declares Quarterly Dividend

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