Company Analysis

Accel Entertainment, Inc. (ACEL)

NYSE: ACEL · Services-Amusement & Recreation Services · Burr Ridge, IL · filing with the SEC since 2017
Grade5.2
◀ Past 5.2● Present 5.8▶ Future 4.5

The grade of Accel Entertainment, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past5.230% of the headline
● Present5.840% of the headline
▶ Future4.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.2/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.1/10

Has it survived what it has been through?

6 warning events since 2017; the latest 2025-12-23.

weight 33% of this tense · 21st percentile among 24 sector filers · read for itself

From the record

Accel Entertainment, Inc.'s filings since 2017 show 6 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2020-07-23); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2021-05-10); an auditor change (8-K item 4.01, the latest 2025-12-23) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.2/10

What has it actually done, year after year?

+23.3% a year over 9 filed years; profitable in 7 of 9.

weight 45% of this tense · 62nd percentile among 21 sector filers · read for its customers

From the record

Accel Entertainment, Inc.'s 9 filed years say what it did: revenue went from $248 million in fiscal 2017 to $1.3 billion in fiscal 2025, up 23.3% a year; it rose in 7 of 8 years; the deepest fall was 26% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span23.3%top 31% of its family
  • the share of years revenue rosetop 40% of its family
  • the share of filed years with a profittop 21% of its family
  • the deepest fall from a revenue peak26.2%bottom 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.0/10

How has it treated the people who own it?

Share count shrank 1.8% a year. 24% of cash flow returned. Insiders: 43 sales, 1 purchases.

weight 22% of this tense · 80th percentile among 13 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Accel Entertainment, Inc.'s diluted share count shrank about 1.8% a year, and dividends and buybacks returned about 24% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 43 sales (22 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-11-06, buying about $578 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 8% of its family
  • cash returned against operating cash flowtop 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.0/10

Is it financially healthy right now?

ROE 19%: 19¢ of profit per shareholder dollar. Leverage 76%: owes 76¢ per asset dollar.

weight 33% of this tense · 60th percentile among 24 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Accel Entertainment, Inc. earned about 19 cents of profit for every dollar of shareholders' money. Leverage: it owed about 76 cents per dollar of assets, and net share issuance: its share count grew 1.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 40% of its family
  • return on equitytop 17% of its family
  • the share count against the year beforetop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.4/10

How strong is its position in its industry?

top 36% of 24 in its family; net margin 3.9%.

weight 45% of this tense · 64th percentile among 24 sector filers · read for its customers

From the record

Accel Entertainment, Inc.'s standing among 24 graded names in its industry family: revenue of $1.3 billion in fiscal 2025 ranks in the top 21% by size; a net margin of 3.9% ranks in the top 23%; revenue growth of 11.1% a year over the last 3 filed years ranks in the bottom 35% (its annual reports).

What it rests on

  • revenue against the family$1.33Btop 21% of its family
  • net margin3.9%top 23% of its family
  • three-year revenue growth11.1%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.2/10

What are the people in charge doing?

bottom 42% of 10 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 42nd percentile among 10 sector filers · read for its shareholders

From the record

Accel Entertainment, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Phelan, Mark T. (President and CEO, as filed), filing under that title since 2026-08-11, 3 months (bottom 6% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 6.7 years (top 25%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 16 peoplebottom 44% of its family
  • the median years the people in charge have filed6.7 yearstop 25% of its family
  • the chief executive's years on the record4 monthsbottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.2/10

How much room does it have to grow?

top 38% of 23 in its family for room to expand.

weight 22% of this tense · 62nd percentile among 23 sector filers · read for itself

From the record

Accel Entertainment, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $297 million against debt of $607 million leaves -28.2% of its assets as net cash, bottom 43% of its family; cash from operations less capital spending is 4.7% of revenue (top 19%) (its annual report).

What it rests on

  • cash less debt against assets-28.2%bottom 43% of its family
  • cash from operations less capital spending against revenue4.7%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.0/10

What could actually drive growth from here?

bottom 30% of 21 in its family for growth drivers.

weight 45% of this tense · 30th percentile among 21 sector filers · read for its customers

From the record

Accel Entertainment, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 11.1% a year over the last three filed years against 23.3% over all 9, slowing (bottom 7% of its family); the newest year grew 8.1% (bottom 45%); capital spending grew 23.3% a year (bottom 38%) (its annual reports). Accel Entertainment, Inc. reported 2 lines of business in fiscal 2025: Reportable Segment at $1.3 billion (97%), All Other at $36 million (3%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-12.2 points a yearbottom 7% of its family
  • the newest year's revenue growth8.1%bottom 45% of its family
  • three-year growth of capital spending23.3%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.5/10

Did its newest year beat what its own record pointed to?

top 45% of 18 in its family for expectations against reality.

weight 33% of this tense · 55th percentile among 18 sector filers · read for its shareholders

From the record

Accel Entertainment, Inc.'s newest year against its own record: revenue of $1.3 billion in fiscal 2025 came in 4% below the $1.4 billion its prior three years' pace pointed to (top 47% of its family); net income of $51 million against a prior three-year average of $52 million (top 36%); a net margin of 3.9% against 4.8% before (bottom 47%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.0%top 47% of its family
  • net income against the prior three years' average-0%top 36% of its family
  • net margin against its prior average-0.9 pointsbottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ACEL · research, not advice