Acuity Inc. (AYI)
Acuity Inc. provides lighting, lighting controls, building management system, and an audio, video, and control platform in the United States and internationally. It operates in two segments, Acuity Brands Lighting (ABL); and the Acuity Intelligent Spaces (AIS). The ABL segment provides lighting solutions and luminaires with advanced electronics under the Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Fresco, Gotham, Healthcare Lighting, Holophane, Hydrel, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, Nightingale, nLight, Peerless, RELOC Wiring Solutions, and SensorSwitch brand names. This segment serves electrical distributors, consumer retailers, large corporate accounts, and original equipment manufacturer customers. The AIS segment offers Distech Controls intelligent Building Management Systems (BMS), such as products for controlling heating, ventilation, air conditioning, lighting, shades, refrigeration, and building access that prioritize end-user outcomes; Q-SYS, a full-stack audio, video, and control platform, and QSC Audio, an audio technology for live entertainers and sound reinforcement professionals. This segment serves retail stores, airports, universities, enterprise campuses, sports venues, themed entertainment, and hospitality sectors through system integrators. It offers its products and solutions under the Atrius, Distech Controls, QSC, and KE2 Therm Solutions brands. Acuity Inc. was formerly known as Acuity Brands, Inc. and changed its name to Acuity Inc. in March 2025. Acuity Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.
- Symbol
- AYI
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Market cap
- $9.26B
- 52 week range
- 257.04 - 380.17
Valuation
- Share price
- $306.06 (close of 2026-09-23)
- P/E (TTM)
- 19.81x
- Price to book
- 3.25x
- Price to free cash flow
- 14.49x
- Enterprise value
- $9.66B
- Book value per share
- $94.21
Price performance
| Period | Change |
|---|
| 1 day | -0.13% |
| 5 days | +2.07% |
| 1 month | -10.80% |
| 3 months | +2.47% |
| 6 months | +9.61% |
| Year to date | -14.99% |
| 1 year | -9.57% |
| 3 years | +85.87% |
| 5 years | +70.79% |
| 10 years | +17.83% |
| All time | +2117.83% |
Profitability and growth
- Return on equity
- 14.55%
- Return on invested capital
- 13.92%
- Return on assets
- 8.34%
- Return on capital employed
- 14.42%
- Gross margin
- 47.83%
- Net margin
- 9.13%
- EBITDA margin
- 16.04%
- Revenue growth
- 13.14%
- Net income growth
- -6.15%
- Free cash flow growth
- -4.00%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 6.90%
- Current ratio
- 2.05x
- Net debt to EBITDA
- 0.49x
Latest reported year
- Period end
- 2025-08-31
- Fiscal year
- 2025
- Revenue
- $4.35B
- Cost of revenue
- $2.27B
- Gross profit
- $2.08B
- EBITDA
- $697.00M
- Net income
- $396.60M
- Earnings per share
- $12.85
- Research and development
- $140.20M
- Shares outstanding
- 30.86M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-08-31 | $4.35B | $2.08B | $396.60M | $12.85 |
| 2024-08-31 | $3.84B | $1.78B | $422.60M | $13.68 |
| 2023-08-31 | $3.95B | $1.71B | $346.00M | $10.88 |
| 2022-08-31 | $4.01B | $1.67B | $384.00M | $11.23 |
| 2021-08-31 | $3.46B | $1.48B | $306.30M | $8.44 |
| 2020-08-31 | $3.33B | $1.40B | $248.30M | $6.29 |
| 2019-08-31 | $3.67B | $1.48B | $330.40M | $8.32 |
| 2018-08-31 | $3.68B | $1.49B | $349.60M | $8.54 |
| 2017-08-31 | $3.51B | $1.48B | $321.70M | $7.46 |
| 2016-08-31 | $3.29B | $1.44B | $290.80M | $6.67 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-08-31 | 47.83% | 9.13% | 14.55% | 13.92% |
| 2024-08-31 | 46.39% | 11.00% | 17.77% | 20.28% |
| 2023-08-31 | 43.35% | 8.75% | 17.17% | 16.88% |
| 2022-08-31 | 41.75% | 9.59% | 20.09% | 17.50% |
| 2021-08-31 | 42.62% | 8.85% | 14.98% | 16.00% |
| 2020-08-31 | 42.16% | 7.46% | 11.67% | 13.59% |
| 2019-08-31 | 40.29% | 9.00% | 17.22% | 20.30% |
| 2018-08-31 | 40.36% | 9.50% | 20.36% | 19.77% |
| 2017-08-31 | 42.26% | 9.18% | 19.31% | 20.84% |
| 2016-08-31 | 43.64% | 8.84% | 17.52% | 20.06% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-08-31 | $422.50M | $896.80M |
| 2024-08-31 | $845.80M | $496.20M |
| 2023-08-31 | $397.90M | $495.60M |
| 2022-08-31 | $223.20M | $495.00M |
| 2021-08-31 | $491.30M | $494.30M |
| 2020-08-31 | $560.70M | $376.80M |
| 2019-08-31 | $461.00M | $347.50M |
| 2018-08-31 | $129.10M | $356.40M |
| 2017-08-31 | $311.10M | $356.50M |
| 2016-08-31 | $413.20M | $355.00M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-08-31 | $533.00M | $45.10M |
| 2024-08-31 | $555.20M | $46.60M |
| 2023-08-31 | $511.40M | $42.00M |
| 2022-08-31 | $259.80M | $37.40M |
| 2021-08-31 | $364.90M | $32.50M |
| 2020-08-31 | $449.90M | $38.20M |
| 2019-08-31 | $441.70M | $29.20M |
| 2018-08-31 | $307.90M | $32.30M |
| 2017-08-31 | $269.30M | $32.00M |
| 2016-08-31 | $304.20M | $27.70M |
Dividend history
- Most recent payment
- 2026-07-17
- Paid in the last twelve months
- $0.77
| Payment date | Dividend per share |
|---|
| 2026-07-17 | $0.20 |
| 2026-04-17 | $0.20 |
| 2026-02-02 | $0.20 |
| 2025-10-17 | $0.17 |
| 2025-07-18 | $0.17 |
| 2025-04-17 | $0.17 |
| 2025-02-03 | $0.17 |
| 2024-10-18 | $0.15 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-01
- Consensus EPS estimate
- $5.32
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-06-25 | May/2026 | $4.84 |
| 2026-04-02 | - | - |
| 2026-01-08 | - | - |
| 2025-10-01 | - | - |
| 2025-06-26 | - | - |
| 2025-06-25 | - | - |
| 2025-04-03 | - | - |
| 2025-04-01 | - | - |
Filings and sources
- Company website
- acuityinc.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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