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Accel Entertainment, Inc. (ACEL) Stock Fundamental Analysis & AI Rating 2026

ACEL NYSE Services-Amusement & Recreation Services DE CIK: 0001698991
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
73% Confidence
AGREEMENT
BUY
72% Conf
HOLD
74% Conf

📊 ACEL Key Takeaways

Revenue: $1.3B
Net Margin: 3.9%
Free Cash Flow: $62.0M
Current Ratio: 2.61x
Debt/Equity: 2.25x
EPS: $0.60
AI Rating: BUY with 72% confidence
Accel Entertainment, Inc. (ACEL) receives a BUY rating with 73% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.3B, net profit margin of 3.9%, and return on equity (ROE) of 19.1%, Accel Entertainment, Inc. demonstrates strong fundamentals in the Services sector. Below is our complete ACEL stock analysis for 2026.

Is Accel Entertainment, Inc. (ACEL) a Good Investment?

Claude

Accel Entertainment demonstrates solid operational performance with 8.1% revenue growth and improving profitability (EPS up 46.3% YoY), supported by strong free cash flow generation of $62M and healthy liquidity metrics. The company's 19.1% ROE and 4.7% ROA indicate efficient capital deployment, though elevated debt levels (2.25x D/E ratio) and modest net margins (3.9%) warrant monitoring.

ChatGPT

Accel Entertainment shows solid revenue growth, strong liquidity, and positive free cash flow, which supports a fundamentally stable operating profile. However, net income growth is nearly flat, margins remain thin, and leverage is elevated, limiting the quality of earnings and reducing balance-sheet flexibility. The business looks fundamentally sound but not strong enough to justify an aggressive rating without clearer improvement in margin expansion and deleveraging.

Why Buy Accel Entertainment, Inc. Stock? ACEL Key Strengths

Claude
  • + Strong revenue growth of 8.1% YoY with net income growth of 0.4% and EPS growth of 46.3% indicating operational leverage
  • + Robust free cash flow generation of $62M (4.7% FCF margin) providing capital allocation flexibility
  • + Excellent liquidity position with 2.61x current ratio and $296.6M cash despite high absolute debt levels
  • + Attractive return metrics with 19.1% ROE and 7.9x interest coverage demonstrating profitable operations
ChatGPT
  • + Revenue grew 8.1% year over year while operating income remained solid, indicating continued underlying demand and operating scale
  • + Liquidity is strong, with $296.57M of cash and current and quick ratios above 2.5x, which provides near-term financial flexibility
  • + Operating cash flow of $150.88M and positive free cash flow of $61.95M show the business is converting earnings into cash despite capital intensity

ACEL Stock Risks: Accel Entertainment, Inc. Investment Risks

Claude
  • ! High financial leverage with 2.25x debt-to-equity ratio and $607.4M long-term debt creating refinancing and operational risk
  • ! Low net profit margin of 3.9% leaves limited room for margin compression if revenue growth slows
  • ! Amusement & recreation sector is cyclical and sensitive to consumer discretionary spending and economic downturns
  • ! Modest revenue growth rate of 8.1% may not justify debt burden if growth trajectory decelerates
ChatGPT
  • ! Net income increased only 0.4% year over year and net margin is just 3.9%, suggesting limited earnings leverage and vulnerability to cost pressure
  • ! Debt remains high at $607.42M with debt-to-equity of 2.25x, which increases financial risk even though interest coverage is currently acceptable
  • ! Free cash flow margin of 4.7% is modest, leaving less room for operational missteps, higher capex, or weaker consumer spending

Key Metrics to Watch

Claude
  • * Revenue growth sustainability - monitor if 8.1% growth rate continues or trends lower
  • * Operating margin expansion - current 8.1% margin has room to improve with operational efficiency
  • * Debt reduction progress - track ability to deleverage from 2.25x D/E ratio toward healthier levels
  • * Free cash flow consistency - ensure $62M FCF is sustainable to fund debt service and growth investments
ChatGPT
  • * Net margin and operating margin trend
  • * Debt reduction and interest coverage

Accel Entertainment, Inc. (ACEL) Financial Metrics & Key Ratios

Revenue
$1.3B
Net Income
$51.5M
EPS (Diluted)
$0.60
Free Cash Flow
$62.0M
Total Assets
$1.1B
Cash Position
$296.6M

💡 AI Analyst Insight

The relatively thin 4.7% FCF margin may limit capital allocation flexibility. Strong liquidity with a 2.61x current ratio provides a solid financial cushion.

ACEL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 8.1%
Net Margin 3.9%
ROE 19.1%
ROA 4.7%
FCF Margin 4.7%

ACEL vs Services Sector: How Accel Entertainment, Inc. Compares

How Accel Entertainment, Inc. compares to Services sector averages

Net Margin
ACEL 3.9%
vs
Sector Avg 10.0%
ACEL Sector
ROE
ACEL 19.1%
vs
Sector Avg 16.0%
ACEL Sector
Current Ratio
ACEL 2.6x
vs
Sector Avg 1.5x
ACEL Sector
Debt/Equity
ACEL 2.3x
vs
Sector Avg 0.7x
ACEL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Accel Entertainment, Inc. Stock Overvalued? ACEL Valuation Analysis 2026

Based on fundamental analysis, Accel Entertainment, Inc. shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
19.1%
Sector avg: 16%
Net Profit Margin
3.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.25x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Accel Entertainment, Inc. Balance Sheet: ACEL Debt, Cash & Liquidity

Current Ratio
2.61x
Quick Ratio
2.55x
Debt/Equity
2.25x
Debt/Assets
2.2%
Interest Coverage
7.87x
Long-term Debt
$607.4M

ACEL Revenue & Earnings Growth: 5-Year Financial Trend

ACEL 5-year financial data: Year 2021: Revenue $734.7M, Net Income -$36.8M, EPS $-0.59. Year 2022: Revenue $969.8M, Net Income -$410.0K, EPS $-0.02. Year 2023: Revenue $1.2B, Net Income $31.6M, EPS $0.33. Year 2024: Revenue $1.2B, Net Income $74.1M, EPS $0.81. Year 2025: Revenue $1.3B, Net Income $45.6M, EPS $0.53.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Accel Entertainment, Inc.'s revenue has grown significantly by 81% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.53 reflects profitable operations.

ACEL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.7%
Free cash flow / Revenue

ACEL Quarterly Earnings & Performance

Quarterly financial performance data for Accel Entertainment, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $302.2M $4.9M $0.06
Q2 2025 $309.4M $7.3M $0.08
Q1 2025 $301.8M $7.4M $0.09
Q3 2024 $287.5M $4.9M $0.06
Q2 2024 $292.6M $7.4M $0.11
Q1 2024 $293.2M $7.4M $0.09
Q3 2023 $267.0M $9.2M $0.12
Q2 2023 $227.9M $9.2M $0.11

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Accel Entertainment, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$150.9M
Cash generated from operations
Stock Buybacks
$39.9M
Shares repurchased (TTM)
Capital Expenditures
$88.9M
Investment in assets
Dividends
None
No dividend program

ACEL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Accel Entertainment, Inc. (CIK: 0001698991)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/wk-form4_1775163907.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774303281.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774303274.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774303268.xml View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774303261.xml View →

Frequently Asked Questions about ACEL

What is the AI rating for ACEL?

Accel Entertainment, Inc. (ACEL) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ACEL's key strengths?

Claude: Strong revenue growth of 8.1% YoY with net income growth of 0.4% and EPS growth of 46.3% indicating operational leverage. Robust free cash flow generation of $62M (4.7% FCF margin) providing capital allocation flexibility. ChatGPT: Revenue grew 8.1% year over year while operating income remained solid, indicating continued underlying demand and operating scale. Liquidity is strong, with $296.57M of cash and current and quick ratios above 2.5x, which provides near-term financial flexibility.

What are the risks of investing in ACEL?

Claude: High financial leverage with 2.25x debt-to-equity ratio and $607.4M long-term debt creating refinancing and operational risk. Low net profit margin of 3.9% leaves limited room for margin compression if revenue growth slows. ChatGPT: Net income increased only 0.4% year over year and net margin is just 3.9%, suggesting limited earnings leverage and vulnerability to cost pressure. Debt remains high at $607.42M with debt-to-equity of 2.25x, which increases financial risk even though interest coverage is currently acceptable.

What is ACEL's revenue and growth?

Accel Entertainment, Inc. reported revenue of $1.3B.

Does ACEL pay dividends?

Accel Entertainment, Inc. does not currently pay dividends.

Where can I find ACEL SEC filings?

Official SEC filings for Accel Entertainment, Inc. (CIK: 0001698991) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ACEL's EPS?

Accel Entertainment, Inc. has a diluted EPS of $0.60.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ACEL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Accel Entertainment, Inc. has a BUY rating with 73% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ACEL stock overvalued or undervalued?

Valuation metrics for ACEL: ROE of 19.1% (sector avg: 16%), net margin of 3.9% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy ACEL stock in 2026?

Our dual AI analysis gives Accel Entertainment, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ACEL's free cash flow?

Accel Entertainment, Inc.'s operating cash flow is $150.9M, with capital expenditures of $88.9M. FCF margin is 4.7%.

How does ACEL compare to other Services stocks?

Vs Services sector averages: Net margin 3.9% (avg: 10%), ROE 19.1% (avg: 16%), current ratio 2.61 (avg: 1.5).

Is Accel Entertainment, Inc. carrying too much debt?

ACEL has a debt-to-equity ratio of 2.25x, which is above the Services sector average of 0.7x. However, the current ratio of 2.61 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI