Accenture

Pricing power is solid but not absolute. Brand credibility, mission-critical work and long-term managed services contracts allow periodic rate-card increases and mix shift to higher-value work. FY2025 adjusted operating margin was 15.6 percent, with modest expansion despite wage inflation and optimization charges.

However, client procurement cycles and competition limit unilateral price hikes, and AI-enabled delivery efficiencies may pressure labor-based pricing even as they expand scope. Overall, we see moderate and improving pricing power as AI use-cases scale and as Accenture monetizes proprietary assets and platforms within managed services.