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Adjusted Operating Margin by Geography
Shows how profitable the company’s core operations are in each region after removing one-time items and nonrecurring charges. For ACCO Brands, regional margins reveal where pricing, sourcing, and cost control are working or failing, highlight markets with structural advantages or pressure from competition and currency moves, and help predict where margin expansion or contraction may drive overall profitability.
Americas margins show clear Q2/back-to-school seasonality and a multi-quarter recovery driven by cost savings—matching management’s callout of margin improvement there—while International maintains the strongest, less-volatile margins aided recently by the EPOS acquisition and FX tailwinds but remains exposed to weak underlying comps. Notably, EMEA drops to zero after 2023, likely a reporting/reclassification change (possibly folded into International), so treat historic EMEA trends cautiously; inventory, tariff risk and potential fuel/raw-material inflation could still compress margin gains despite $100M cost-savings targets.
ACCO Adjusted Operating Margin by Geography
| Date | Americas | EMEA | International |
|---|---|---|---|
| Jun 30, 2026 | 21.20% | 0.00% | 2.40% |
| Mar 31, 2026 | 7.20% | 0.00% | 6.70% |
| Dec 31, 2025 | 17.70% | 0.00% | 14.10% |
| Sep 30, 2025 | 14.40% | 0.00% | 10.20% |
| Jun 30, 2025 | 17.40% | 0.00% | 8.50% |
| Mar 31, 2025 | 5.80% | 0.00% | 6.70% |
| Dec 31, 2024 | 16.60% | 0.00% | 16.50% |
| Sep 30, 2024 | 14.20% | 0.00% | 10.60% |
| Jun 30, 2024 | 21.60% | 0.00% | 8.00% |
| Mar 31, 2024 | 6.20% | 0.00% | 10.50% |
| Dec 31, 2023 | 12.70% | 16.20% | 23.10% |
| Sep 30, 2023 | 11.60% | 10.70% | 17.50% |
| Jun 30, 2023 | 20.70% | 7.60% | 11.00% |
| Mar 31, 2023 | 6.20% | 10.00% | 13.00% |
| Dec 31, 2022 | 8.30% | 11.80% | 20.60% |
| Sep 30, 2022 | 10.00% | 5.70% | 19.60% |
| Jun 30, 2022 | 18.70% | 1.50% | 11.20% |
| Mar 31, 2022 | 9.50% | 5.80% | 8.10% |
| Dec 31, 2021 | 15.50% | 13.30% | 20.60% |
| Sep 30, 2021 | 14.50% | 10.70% | 12.50% |
| Jun 30, 2021 | 20.30% | 8.80% | 7.30% |
| Mar 31, 2021 | 5.90% | 13.50% | 4.80% |
| Dec 31, 2020 | 11.50% | 16.50% | 12.80% |
| Sep 30, 2020 | 10.90% | 14.70% | 8.20% |
| Jun 30, 2020 | 19.60% | 2.50% | -3.40% |
| Mar 31, 2020 | 6.50% | 11.90% | 9.20% |