Accel Entertainment, Inc. (ACEL) Key Metrics
ACEL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $885.6M
- Enterprise value
- $1.22B
- P/E (TTM)
- 16.2 10-yr median 22.6
- Forward P/E
- 16.1
- PEG ratio
- —
- Price / sales
- 0.6 10-yr median 1.5
- Price / book
- 3.2 10-yr median 3.8
- EV / EBITDA
- 6.3 10-yr median 10.2
- Dividend yield
- —
- Beta
- 1.07
ACEL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsACEL valuation Price multiples at each fiscal year-end price.
ACEL returns How much profit the business earns on the capital it uses.
ACEL per-share figures Results divided by the shares outstanding at year-end.
ACEL financial health Debt, liquidity and how easily interest is covered.
ACEL efficiency & capital use Working capital cycle and where the cash goes.
ACEL valuation history
ACEL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ACEL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ACEL cash returned to shareholders
ACEL price vs earnings per share
ACEL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $985.4M | $907.6M | $891.5M | $702.5M | $1.23B | $838.8M | $773.1M | $621.8M | $360.4M | — |
| Enterprise value | $1.32B | $1.22B | $1.17B | $988.3M | $1.34B | $1.05B | $986.4M | $780.3M | $538.5M | — |
| P/E ratio | 19.1 | 25.7 | 19.5 | 9.5 | 39.0 | — | — | 90.6 | — | — |
| Price / sales | 0.7 | 0.7 | 0.8 | 0.7 | 1.7 | 2.7 | 1.8 | 1.9 | 1.5 | — |
| Price / book | 3.7 | 3.6 | 4.5 | 3.9 | 7.8 | 6.6 | — | 1.4 | 0.8 | — |
| Price / free cash flow | 15.9 | 16.6 | 17.6 | 11.6 | 15.2 | — | 31.2 | — | — | — |
| Price / operating cash flow | 6.5 | 7.5 | 6.7 | 6.5 | 11.1 | — | 17.0 | — | — | — |
| EV / sales | 1.0 | 1.0 | 1.0 | 1.0 | 1.8 | 3.3 | 2.3 | 2.4 | 2.2 | — |
| EV / EBITDA | 7.0 | 7.8 | 7.4 | 6.1 | 12.7 | 55.6 | 21.1 | 113.7 | — | — |
| EV / free cash flow | 21.3 | 22.4 | 23.1 | 16.3 | 16.6 | — | 39.8 | — | — | — |
| Earnings yield | 5.2% | 3.9% | 5.1% | 10.5% | 2.6% | −1.5% | −4.8% | 1.1% | −0.1% | — |
| Free cash flow yield | 6.3% | 6.0% | 5.7% | 8.6% | 6.6% | −3.5% | 3.2% | −3.7% | −6.7% | — |
| Dividend yield | — | — | — | — | 0.1% | 0.0% | 3.3% | — | — | — |
| Shareholder yield (dividends + buybacks) | 4.0% | 2.8% | 3.4% | 11.2% | 0.9% | 0.0% | 4.0% | 0.5% | 0.0% | — |
| Share price at fiscal year-end | $11.41 | $10.68 | $10.27 | $7.70 | $13.02 | $10.10 | $12.50 | $10.00 | $9.73 | — |
| Per share | ||||||||||
| Revenue per share | $15.41 | $14.49 | $13.48 | $10.63 | $7.76 | $3.81 | $6.93 | $5.34 | $6.71 | — |
| Earnings per share | $0.60 | $0.41 | $0.53 | $0.81 | $0.33 | −$0.16 | −$0.59 | $0.11 | −$0.01 | — |
| Operating cash flow per share | $1.75 | $1.43 | $1.53 | $1.18 | $1.17 | −$0.04 | $0.74 | $0.00 | −$0.01 | — |
| Free cash flow per share | $0.72 | $0.64 | $0.59 | $0.66 | $0.86 | −$0.35 | $0.40 | −$0.37 | −$0.65 | — |
| Cash per share | $3.43 | $3.31 | $3.01 | $2.81 | $2.44 | $1.62 | $2.21 | $1.48 | $0.01 | — |
| Book value per share | $3.12 | $3.00 | $2.29 | $1.96 | $1.67 | $1.54 | −$0.70 | $7.10 | $11.73 | — |
| Tangible book value per share | −$1.07 | −$1.66 | −$1.37 | −$1.67 | −$0.57 | −$1.03 | −$4.23 | $4.85 | $9.08 | — |
| Dividends per share | — | — | — | — | $0.02 | $0.00 | $0.41 | — | — | — |
| Capex per share | $1.03 | $0.78 | $0.94 | $0.52 | $0.31 | $0.31 | $0.34 | $0.38 | $0.64 | — |
| Debt per share | $7.29 | $7.01 | $6.25 | $5.94 | $3.61 | $4.16 | $5.65 | $4.03 | $4.82 | — |
| Shares outstanding | 86.4M | 85.0M | 86.8M | 91.2M | 94.6M | 83.0M | 61.9M | 62.2M | 37.0M | — |
| Change in shares outstanding | +1.6% | −2.1% | −4.9% | −3.6% | +14.0% | +34.3% | −0.5% | +67.9% | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 19.6% | 15.5% | 24.2% | 44.0% | 22.0% | −30.6% | — | 1.6% | −0.1% | — |
| Return on invested capital (ROIC) | 13.2% | 11.4% | 15.8% | 20.6% | 15.6% | −7.7% | 2.7% | −0.1% | −0.0% | — |
| Return on assets (ROA) | 4.7% | 3.6% | 5.1% | 10.0% | 5.2% | −2.4% | −7.6% | 1.5% | −0.1% | — |
| Return on tangible assets | 6.7% | 5.4% | 7.7% | 13.9% | 7.8% | −3.4% | −12.7% | 2.2% | −0.1% | — |
| Free cash flow margin | 4.7% | 4.4% | 4.3% | 6.3% | 11.0% | −9.3% | 5.8% | −7.0% | −9.7% | 5.2% |
| Income quality (OCF / net income) | 2.93 | 3.44 | 2.91 | 1.46 | 3.51 | — | — | 0.02 | — | 15.00 |
| Financial health | ||||||||||
| Total debt | $629.4M | $595.4M | $542.6M | $542.0M | $341.5M | $345.8M | $349.7M | $250.7M | $178.4M | — |
| Cash & short-term investments | $296.6M | $281.3M | $261.6M | $256.2M | $230.9M | $134.5M | $136.4M | $92.2M | $372,073 | — |
| Net debt | $332.8M | $314.1M | $281.0M | $285.9M | $110.7M | $211.4M | $213.3M | $158.5M | $178.1M | — |
| Debt / equity | 2.33 | 2.33 | 2.73 | 3.04 | 2.16 | 2.70 | — | 0.57 | 0.41 | — |
| Debt / assets | 0.56 | 0.57 | 0.59 | 0.63 | 0.55 | 0.58 | 0.69 | 0.55 | 0.40 | — |
| Net debt / EBITDA | 1.78 | 2.01 | 1.78 | 1.75 | 1.04 | 11.18 | 4.56 | 23.08 | — | — |
| Current ratio | 2.61 | 2.76 | 2.85 | 3.33 | 3.45 | 2.90 | 2.76 | 404.05 | 3.22 | — |
| Quick ratio | 2.55 | 2.69 | 2.78 | 3.25 | 3.43 | 2.80 | 2.68 | 412.37 | 3.22 | — |
| Interest coverage | 2.9 | 2.5 | 3.2 | 4.5 | 5.5 | -1.8 | 1.0 | -0.1 | — | — |
| Working capital | $211.5M | $207.8M | $202.9M | $209.3M | $176.2M | $99.6M | $96.5M | $101.8M | $349,405 | — |
| Invested capital | $602.5M | $569.1M | $479.4M | $464.4M | $269.1M | $339.2M | $170.3M | $599.9M | $612.7M | — |
| Tangible asset value | −$88.1M | −$136.8M | −$119.2M | −$152.8M | −$54.3M | −$85.6M | −$261.7M | $301.4M | $336.4M | — |
| Net current asset value | −$509.8M | −$462.9M | −$401.9M | −$385.0M | −$209.6M | −$315.4M | −$400.8M | $86.0M | −$15.4M | — |
| Graham number | $6.47 | $5.29 | $5.20 | $5.98 | $3.54 | — | — | $4.20 | — | — |
| Graham net-net per share | −$6.19 | −$5.83 | −$5.06 | −$4.56 | −$2.35 | −$3.95 | −$6.64 | $1.23 | −$0.41 | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $1.7M | $18,000 | $25.5M | — | — | $70,000 |
| Share buybacks (net) | $39.9M | $25.5M | $30.1M | $79.0M | $9.0M | $18,000 | $5.1M | $3.3M | $123,000 | $39.8M |
| Dividend payout ratio | — | — | — | — | 5.4% | — | — | — | — | 4.2% |
| Dividends + buybacks / free cash flow | 64.3% | 46.6% | 59.2% | 130.3% | 13.2% | — | 123.6% | — | — | 445.4% |
| Capex / revenue | 6.7% | 5.4% | 7.0% | 4.9% | 4.0% | 8.1% | 4.9% | 7.0% | 9.5% | 9.1% |
| Capex / operating cash flow | 58.9% | 54.9% | 61.7% | 43.9% | 26.9% | — | 45.6% | 16,572.2% | — | 63.9% |
| Capex / depreciation | 1.14 | 1.00 | 1.38 | 1.01 | 0.64 | 0.59 | 0.47 | 0.66 | 1.02 | 1.02 |
| Stock-based compensation / revenue | 0.9% | 1.0% | 0.8% | 0.7% | 0.9% | 1.8% | 0.5% | 0.1% | 0.3% | 0.5% |
| SG&A / revenue | 16.5% | 15.8% | 15.5% | 15.6% | 15.7% | 25.5% | 16.1% | 0.2% | 0.2% | 17.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 4.6 | 3.6 | 3.8 | 3.1 | 2.1 | 4.2 | 2.6 | 1.5 | 1.0 | — |
| Days of inventory on hand | 3.3 | 3.4 | 3.3 | 2.4 | 2.7 | 8.4 | 1.3 | -3.6 | — | — |
| Days payables outstanding | 18.1 | 16.0 | 12.5 | 10.0 | 14.1 | 35.3 | 19.1 | 13.2 | 6.6 | — |
| Cash conversion cycle (days) | -10.2 | -9.1 | -5.4 | -4.6 | -9.3 | -22.7 | -15.2 | -15.3 | -5.6 | — |
| Receivables turnover | 78.59 | 102.51 | 95.03 | 119.09 | 173.65 | 87.29 | 142.68 | 239.81 | 372.59 | — |
| Payables turnover | 20.18 | 22.78 | 29.28 | 36.35 | 25.81 | 10.35 | 19.10 | 27.62 | 55.52 | — |
| Inventory turnover | 111.06 | 108.77 | 111.78 | 152.17 | 133.05 | 43.52 | 275.26 | — | — | — |
| Asset turnover | 1.22 | 1.26 | 1.32 | 1.31 | 1.21 | 0.57 | 0.89 | 0.73 | 0.55 | — |
| Average receivables | $16.9M | $12.0M | $12.3M | $8.1M | $4.2M | $3.6M | $3.0M | $1.4M | $666,785 | — |
| Average payables | $45.0M | $37.7M | $27.9M | $18.5M | $19.1M | $20.4M | $14.8M | $7.6M | $2.8M | — |
| Average inventory | $8.2M | $7.9M | $7.3M | $4.4M | $3.7M | $4.8M | $1.0M | −$2.1M | — | — |
| Intangibles / total assets | 32.1% | 37.8% | 34.8% | 38.4% | 34.5% | 35.9% | 42.9% | 30.6% | 21.8% | — |
Computed from ACEL's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ACEL valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Accel Entertainment traded at 19.1 times earnings, against a 10-year median of 22.6. Based on the latest twelve months, the trailing P/E is 16.2 and the forward P/E is 16.1. Accel Entertainment earned a return on equity of 19.6% and a return on invested capital of 13.2% in fiscal 2025. It ended the year with $629.4 million of debt and $296.6 million in cash and short-term investments, net debt of $332.8 million. It returned $39.9 million to shareholders: $0 in dividends and $39.9 million in share buybacks, 64% of free cash flow.
See the ACEL income statement, the ACEL chart for price history, or the ACEL stock overview for the latest quote and news.
ACEL key metrics FAQ
What is Accel Entertainment's P/E ratio?
Accel Entertainment's trailing P/E ratio is 16.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.1. At the end of fiscal 2025 it was 19.1, compared with a 10-year median of 22.6.
What is Accel Entertainment's EV/EBITDA?
Accel Entertainment's enterprise value was 7.0 times EBITDA at the end of fiscal 2025 (enterprise value $1.3 billion, EBITDA $187.2 million); the current EV/EBITDA is 6.3.
What is Accel Entertainment's return on equity?
Accel Entertainment's return on equity (ROE) was 19.6% in fiscal 2025: net income of $51.5 million on average shareholders' equity of $262.4 million.
What is Accel Entertainment's ROIC?
Accel Entertainment's return on invested capital was 13.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Accel Entertainment have?
Accel Entertainment had total debt of $629.4 million at the end of fiscal 2025, a debt-to-equity ratio of 2.33 and $332.8 million of net debt (1.78 times EBITDA).
Does Accel Entertainment buy back its shares?
Yes. Accel Entertainment spent $39.9 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.6% over the year, to 86.4M..
What is Accel Entertainment's free cash flow yield?
Accel Entertainment generated $62.0 million of free cash flow in fiscal 2025, a free cash flow yield of 6.3% on its market value at year-end ($985.4 million).
What is Accel Entertainment's current ratio?
Accel Entertainment's current ratio was 2.61 at the end of fiscal 2025: current assets were 2.61 times current liabilities.