Accel Entertainment IncAccel Entertainment Inc
Accel Entertainment Inc

Accel Entertainment Inc

ACEL
Consumer Discretionary·Hotels, Restaurants & Leisure

Accel Entertainment, Inc. operates as a distributed gaming operator. It is involved in the installation, maintenance, and operation of gaming terminals, redemption devices that disburse winnings and contain automated teller machine (ATM) functionality, and other amusement devices in authorized non-casino locations, such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. The company also provides licensed establishment partners gaming solutions that appeal to players who patronize those businesses. In addition, the firm operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, pinball machines, and other related entertainment equipment. Accel Entertainment was founded by Andrew Rubenstein and Gordon Rubenstein on December 8, 2010 and is headquartered in Burr Ridge, IL.

Illinois; U.S.A
Market cap
No dataNo data
Revenue
$1.3B+8.1% YoY
Net income
$51.5M+46.0% YoY
Free cash flow
$62M+13.4% YoY

Market

Listed stock
ACELPriceNYSE
Loading…Loading…1Y

Financial performance

Revenue
$1.3B+8.1% YoY
Operating income
$107.9M+18.7% YoY
Net income
$51.5M+46.0% YoY
Free cash flow
$62M+13.4% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $734.7M, 2022 $969.8M, 2023 $1.2B, 2024 $1.2B, 2025 $1.3B. Operating income: 2021 $70.2M, 2022 $96.9M, 2023 $107.4M, 2024 $90.9M, 2025 $107.9M. Net income: 2021 $31.6M, 2022 $74.1M, 2023 $45.6M, 2024 $35.3M, 2025 $51.5M. Free cash flow: 2021 $81M, 2022 $60.6M, 2023 $50.8M, 2024 $54.7M, 2025 $62M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
8.1%+295 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $70.2M, 2022-12-31 $96.9M, 2023-12-31 $107.4M, 2024-12-31 $90.9M, 2025-12-31 $107.9M. Net income: 2021-12-31 $31.6M, 2022-12-31 $74.1M, 2023-12-31 $45.6M, 2024-12-31 $35.3M, 2025-12-31 $51.5M. Free cash flow: 2021-12-31 $81M, 2022-12-31 $60.6M, 2023-12-31 $50.8M, 2024-12-31 $54.7M, 2025-12-31 $62M

Growth heatmap

2022202320242025CAGR
Revenue
+32.0%
+20.7%
+5.2%
+8.1%
+16.0%
Gross profit
+99.0%
-60.6%
+7.4%
+26.4%
No data
Operating income
+38.0%
+10.9%
-15.4%
+18.7%
+11.3%
Free cash flow
-25.2%
-16.2%
+7.6%
+13.4%
-6.5%

Earnings quality

Operating cash flow
$150.9M+24.5% YoY
Net income
$51.5M+46.0% YoY
Free cash flow
$62M+13.4% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 293%, 2024-12-31 344%, 2023-12-31 291%, 2022-12-31 146%, 2021-12-31 351%. Free cash flow: 2025-12-31 120%, 2024-12-31 155%, 2023-12-31 111%, 2022-12-31 82%, 2021-12-31 257%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
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Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
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Price to sales
No data
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No data
EV / EBITDA
No data
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Free cash flow yield
No data
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