Accel Entertainment, Inc.

NYSE•ACEL

CEO: Mr. Andrew Harry Rubenstein

Sector: Consumer Cyclical

Industry: Gambling, Resorts & Casinos

Listing Date: 2017-08-24

Accel Entertainment, Inc., together with its subsidiaries, operates as a distributed gaming operator in the United States. 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 gaming solutions to the location partners. In addition, it operates stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, and other related entertainment equipment. The company is headquartered in Burr Ridge, Illinois.

Contact Information

140 Tower Drive, Burr Ridge, IL, 60527, United States

630-972-2235

www.accelentertainment.com

Market Cap

$908.63M

P/E (TTM)

18.0

20.5

Dividend Yield

52W High

$13.31

52W Low

$9.02

52W Range

44%

Rank48Top 64.4%

3.3

F-Score

Modified Piotroski Analysis

Based on 9-year fundamentals

Weak • 3.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2017-2025

Financial Dashboard

Q4 2025 Data

Revenue

$341.45M+0.00%

4-Quarter Trend

EPS

$0.19+0.00%

4-Quarter Trend

FCF

$104.89M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Strong Annual Revenue Growth Total net revenues reached 1,330.96M USD, up 8.1% from 1,230.97M USD, driven by increased gaming locations and expanded casino operations during 2025.

Net Income Surge Net income rose to 51.27M USD, up 45.3% from 35.29M USD, reflecting improved operational efficiency and higher gaming terminal revenue across primary markets.

Adjusted EBITDA Increase Adjusted EBITDA reached 210.15M USD, up 11.1% from 189.14M USD, supported by growth in total locations to 4,501 and gaming terminal count.

Risk Factors

Regulatory Compliance Risk Evolving gaming laws and potential legislative changes in key markets like Illinois could limit operations, increase compliance costs, or reduce overall profitability.

High Debt Levels Total debt reached 612.08M USD, requiring significant cash flow for interest payments and limiting financial flexibility for future strategic investments and capital allocation.

Geographic Concentration Risk Operations are heavily concentrated in Illinois, Montana, and Nevada, heightening exposure to local economic conditions, regulatory shifts, and intense regional market competition.

Outlook

Strategic Market Expansion Actively evaluating expansion into new jurisdictions like Oregon and West Virginia to grow distributed gaming operations and capture additional market share in 2026.

Inorganic Growth Strategy Continuously pursuing acquisitions of complementary gaming businesses to drive growth, increase location count, and enhance overall market presence and long-term profitability.

Operational Efficiency Focus Prioritizing data-driven revenue optimization and cost management to maintain strong margins and support long-term growth in a highly competitive gaming industry environment.

Peer Comparison

Revenue (TTM)

ODP

$6.53B

-8.9%

CWH

$6.37B

+4.4%

MLCO

$5.16B

+11.3%

Gross Margin (Latest Quarter)

HOV

97.0%

+76.5pp

BJRI

74.5%

+62.6pp

BBW

55.2%

-0.5pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
MLCO	$2.13B	11.5	-13.9%	92.5%
XPEL	$1.07B	20.9	19.7%	5.8%
ACEL	$908.63M	18.0	19.5%	55.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.8%

Moderate Growth

4Q Net Income CAGR

3.3%

Profitability Slowly Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 4, 2026

EPS:$0.23

Revenue:$342.49M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data