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 through Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS) segments. 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, Holophane, Hydrel, IOTA, Juno, Lithonia Lighting, 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, and QSC 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.

Ticker
AYI
Exchange
NYSE
Sector
Industrials
Industry
Electrical Equipment & Parts
Market cap
$9.82B
52-week range
$257.04 - $380.17

Valuation

Share price
$323.06 (close of Nov 6, 2026)
P/E (TTM)
18.47x
Price to book
3.30x
Price to free cash flow
13.12x
Enterprise value
$9.99B
Book value per share
$97.89

Price performance

PeriodChange
1 day-0.08%
5 days+1.55%
1 month+6.63%
3 months-9.51%
6 months+9.23%
Year to date-10.27%
1 year-9.81%
3 years+91.21%
5 years+49.77%
10 years+42.74%
All time+2,241.01%

Short interest

As of
Oct 15, 2026
Short % of float
4.61%
Shares short
1.19M
Days to cover
2.81
Change since prior report
+28.23%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
17.86%
Return on invested capital
14.92%
Return on assets
10.90%
Return on capital employed
18.90%
Gross margin
50.64%
Net margin
11.45%
EBITDA margin
18.74%
Revenue growth
6.82%
Net income growth
33.96%
Free cash flow growth
40.32%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.62%
Current ratio
1.69x
Net debt to EBITDA
0.20x

Latest reported year

Period end
Aug 31, 2026
Fiscal year
2026
Revenue
$4.64B
Cost of revenue
$2.29B
Gross profit
$2.35B
EBITDA
$870.10M
Net income
$531.30M
Earnings per share
$17.49
Research and development
$165.60M
Interest expense
$35.90M
Shares outstanding
30.38M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-08-31$4.64B$2.35B$531.30M$17.49
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

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-08-3150.64%11.45%17.86%14.92%
2025-08-3147.83%9.13%14.55%12.34%
2024-08-3146.39%11.00%17.77%14.47%
2023-08-3143.35%8.75%17.17%14.30%
2022-08-3141.75%9.59%20.09%15.94%
2021-08-3142.62%8.85%14.98%12.98%
2020-08-3142.16%7.46%11.67%10.66%
2019-08-3140.29%9.00%17.22%16.19%
2018-08-3140.36%9.50%20.36%18.54%
2017-08-3142.26%9.18%19.31%17.63%

Cash and debt by year

Period endCashDebt
2026-08-31$636.30M$497.40M
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

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-08-31$747.90M$49.50M
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

Dividend history

Most recent payment
Oct 16, 2026
Paid in the last twelve months
$0.80
Payment dateDividend per share
2026-10-16$0.20
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

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-01Aug 2026$5.27
2026-06-25May 2026$4.84
2026-04-02Feb 2026$3.70
2026-01-08Nov 2025$4.24
2025-10-01Aug 2025$4.42
2025-06-26May 2025$4.11
2025-04-03Feb 2025$3.36
2025-01-08Nov 2024$3.60

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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