NYSE : AYI
Acuity Inc. — Financial statements
Industrials · Electrical Equipment & Parts · United States
Last price 327.36 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 9.66B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Acuity Inc. (AYI) reported revenue of 4.64B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.64B | 4.64B | 4.35B | 3.84B | 3.95B | 4.01B |
| Cost of Revenue | 2.34B | 2.34B | 2.24B | 2.06B | 2.24B | 2.33B |
| Gross Profit | 2.30B | 2.30B | 2.11B | 1.78B | 1.71B | 1.67B |
| Selling, General & Admin | 1.45B | 1.45B | 1.36B | 1.13B | 1.12B | 1.07B |
| Research & Development | 165.60M | 165.60M | 140.20M | 102.30M | 97.10M | 95.10M |
| Operating Expenses | 1.62B | 1.62B | 1.50B | 1.23B | 1.22B | 1.16B |
| Operating Income | 682.40M | 682.40M | 612.10M | 551.80M | 495.30M | 508.40M |
| Interest Expense | -35.90M | -35.90M | -42.50M | -25.30M | -27.90M | -27.00M |
| Interest & Investment Income | 10.30M | 10.30M | 20.50M | 29.80M | 9.00M | 2.10M |
| Currency Exchange Gain (Loss) | -3.20M | -3.20M | -1.10M | -5.30M | 8.40M | 5.30M |
| Other Non Operating Income (Expenses) | -500.00K | -500.00K | -5.70M | 600.00K | 2.80M | |
| EBT Excluding Unusual Items | 653.10M | 653.10M | 583.30M | 551.60M | 484.80M | 491.60M |
| Merger & Restructuring Charges | -53.40M | |||||
| Gain (Loss) on Sale of Assets | -11.20M | 2.30M | ||||
| Asset Writedown | -6.00M | -6.00M | -16.70M | -3.00M | -18.30M | |
| Other Unusual Items | 33.60M | 33.60M | -13.00M | -8.60M | ||
| Pretax Income | 680.70M | 680.70M | 500.20M | 548.60M | 446.70M | 493.90M |
| Income Tax Expense | 149.40M | 149.40M | 103.60M | 126.00M | 100.70M | 109.90M |
| Net Income | 531.30M | 531.30M | 396.60M | 422.60M | 346.00M | 384.00M |
| Net Income to Common | 531.30M | 531.30M | 396.60M | 422.60M | 346.00M | 384.00M |
| Shares Outstanding (Basic) | 30.38M | 30.38M | 30.86M | 30.89M | 31.81M | 34.18M |
| Shares Outstanding (Diluted) | 31.15M | 31.15M | 31.64M | 31.45M | 32.16M | 34.65M |
| EPS (Basic) | 17.49 | 17.49 | 12.85 | 13.68 | 10.88 | 11.23 |
| EPS (Diluted) | 17.05 | 17.05 | 12.53 | 13.44 | 10.76 | 11.08 |
| Free Cash Flow | 747.90M | 747.90M | 533.00M | 555.20M | 511.40M | 259.80M |
| Free Cash Flow Per Share | 24.01 | 24.01 | 16.84 | 17.66 | 15.90 | 7.50 |
| Dividend Per Share | 0.77 | 0.77 | 0.66 | 0.58 | 0.52 | 0.52 |
| Gross Margin | 49.54% | 49.54% | 48.51% | 46.39% | 43.35% | 41.75% |
| Operating Margin | 14.70% | 14.70% | 14.09% | 14.37% | 12.53% | 12.69% |
| Profit Margin | 11.45% | 11.45% | 9.13% | 11.00% | 8.76% | 9.59% |
| Free Cash Flow Margin | 16.11% | 16.11% | 12.26% | 14.46% | 12.94% | 6.49% |
| EBITDA | 838.80M | 838.80M | 745.20M | 642.90M | 588.50M | 603.20M |
| EBITDA Margin | 18.07% | 18.07% | 17.15% | 16.74% | 14.89% | 15.06% |
| D&A For EBITDA | 156.40M | 156.40M | 133.10M | 91.10M | 93.20M | 94.80M |
| EBIT | 682.40M | 682.40M | 612.10M | 551.80M | 495.30M | 508.40M |
| EBIT Margin | 14.70% | 14.70% | 14.09% | 14.37% | 12.53% | 12.69% |
| Effective Tax Rate | 21.95% | 21.95% | 20.71% | 22.97% | 22.54% | 22.25% |
| Advertising Expenses | 36.20M | 36.20M | 29.20M | 20.10M | 21.90M | 19.30M |
Balance sheet
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 636.30M | 636.30M | 422.50M | 845.80M | 397.90M | 223.20M |
| Cash & Short-Term Investments | 636.30M | 636.30M | 422.50M | 845.80M | 397.90M | 223.20M |
| Receivables | 632.10M | 632.10M | 593.90M | 563.00M | 555.30M | 665.90M |
| Inventory | 450.40M | 450.40M | 526.70M | 387.60M | 368.50M | 485.70M |
| Prepaid Expenses | 129.50M | 129.50M | 99.50M | 70.60M | 68.60M | 87.50M |
| Other Current Assets | 10.90M | 10.90M | 8.90M | 4.50M | 4.90M | 3.70M |
| Total Current Assets | 1.86B | 1.86B | 1.65B | 1.87B | 1.40B | 1.47B |
| Property, Plant & Equipment | 456.30M | 456.30M | 440.60M | 369.50M | 381.70M | 351.40M |
| Long-Term Investments | 6.00M | 6.00M | 5.10M | 6.70M | 7.20M | 11.90M |
| Goodwill | 1.49B | 1.49B | 1.50B | 1.10B | 1.10B | 1.08B |
| Other Intangible Assets | 1.00B | 1.00B | 1.10B | 440.50M | 481.20M | 529.20M |
| Long-Term Deferred Tax Assets | 12.90M | 12.90M | 23.40M | 2.30M | 3.00M | 1.30M |
| Long-Term Deferred Charges | 12.10M | 29.90M | 28.10M | |||
| Other Long-Term Assets | 44.10M | 44.10M | 40.10M | 13.30M | 12.40M | 8.00M |
| Total Assets | 4.87B | 4.87B | 4.76B | 3.81B | 3.41B | 3.48B |
| Accounts Payable | 443.80M | 443.80M | 454.50M | 352.30M | 285.70M | 397.80M |
| Accrued Expenses | 257.10M | 257.10M | 204.40M | 201.10M | 187.90M | 226.40M |
| Current Portion of Long-Term Debt | 200.00M | 200.00M | 18.00M | |||
| Current Portion of Leases | 28.30M | 28.30M | 23.30M | 19.20M | 19.70M | 15.70M |
| Current Income Taxes Payable | 37.80M | 37.80M | 25.30M | 7.10M | 9.20M | 13.90M |
| Current Unearned Revenue | 25.70M | 25.70M | 21.40M | 17.40M | 14.10M | 11.40M |
| Other Current Liabilities | 104.20M | 104.20M | 116.90M | 90.80M | 78.80M | 50.40M |
| Total Current Liabilities | 1.10B | 1.10B | 845.80M | 687.90M | 595.40M | 733.60M |
| Long-Term Debt | 497.40M | 497.40M | 896.80M | 496.20M | 495.60M | 495.00M |
| Long-Term Leases | 83.20M | 83.20M | 84.30M | 58.10M | 75.50M | 67.40M |
| Long-Term Unearned Revenue | 30.60M | 30.60M | 38.00M | 41.50M | 47.60M | 53.10M |
| Pension & Post-Retirement Benefits | 40.30M | 40.30M | 39.20M | 37.50M | 38.40M | 41.40M |
| Long-Term Deferred Tax Liabilities | 47.40M | 47.40M | 24.90M | 26.00M | 59.00M | 102.10M |
| Other Long-Term Liabilities | 103.40M | 103.40M | 101.30M | 88.60M | 81.60M | 75.80M |
| Total Liabilities | 1.90B | 1.90B | 2.03B | 1.44B | 1.39B | 1.57B |
| Common Stock | 600.00K | 600.00K | 500.00K | 500.00K | 500.00K | 500.00K |
| Additional Paid-In Capital | 1.19B | 1.19B | 1.16B | 1.12B | 1.07B | 1.04B |
| Retained Earnings | 4.79B | 4.79B | 4.29B | 3.91B | 3.51B | 3.18B |
| Treasury Stock | -2.94B | -2.94B | -2.65B | -2.53B | -2.44B | -2.18B |
| Comprehensive Income & Other | -72.80M | -72.80M | -76.50M | -114.90M | -112.60M | -125.80M |
| Shareholders' Equity | 2.97B | 2.97B | 2.72B | 2.38B | 2.02B | 1.91B |
| Total Liabilities & Equity | 4.87B | 4.87B | 4.76B | 3.81B | 3.41B | 3.48B |
| Total Debt | 808.90M | 808.90M | 1.00B | 573.50M | 590.80M | 596.10M |
| Net Cash (Debt) | -172.60M | -172.60M | -581.90M | 272.30M | -192.90M | -372.90M |
| Net Cash Per Share | -5.54 | -5.54 | -18.39 | 8.66 | -6.00 | -10.76 |
| Filing Date Shares Outstanding | 29.50M | 29.50M | 30.41M | 30.56M | 30.65M | 31.76M |
| Total Common Shares Outstanding | 29.70M | 29.70M | 30.50M | 30.50M | 30.75M | 32.09M |
| Working Capital | 762.30M | 762.30M | 805.70M | 1.18B | 799.80M | 732.40M |
| Book Value Per Share | 100.14 | 100.14 | 89.34 | 77.99 | 65.54 | 59.58 |
| Tangible Book Value | 479.30M | 479.30M | 130.40M | 839.60M | 436.30M | 298.30M |
| Tangible Book Value Per Share | 16.14 | 16.14 | 4.28 | 27.53 | 14.19 | 9.30 |
| Land | 22.60M | 22.60M | 22.20M | 22.30M | 23.00M | 22.00M |
| Buildings | 248.30M | 248.30M | 235.30M | 218.70M | 210.90M | 202.30M |
| Machinery | 895.20M | 895.20M | 839.40M | 758.70M | 727.90M | 667.60M |
Cash flow statement
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 531.30M | 531.30M | 396.60M | 422.60M | 346.00M | 384.00M |
| Depreciation & Amortization | 156.40M | 156.40M | 133.10M | 91.10M | 93.20M | 94.80M |
| Loss (Gain) From Sale of Assets | -2.30M | |||||
| Asset Writedown & Restructuring Costs | 6.00M | 6.00M | 16.70M | 3.00M | 20.80M | 1.70M |
| Stock-Based Compensation | 49.50M | 49.50M | 45.10M | 46.60M | 42.00M | 37.40M |
| Other Operating Activities | 33.40M | 33.40M | -14.10M | -33.60M | -47.80M | 600.00K |
| Change in Accounts Receivable | -37.80M | -37.80M | 26.30M | -8.70M | 114.60M | -99.70M |
| Change in Inventory | 74.70M | 74.70M | -34.20M | -16.30M | 115.20M | -83.30M |
| Change in Accounts Payable | -8.20M | -8.20M | 64.40M | 66.20M | -110.50M | 2.60M |
| Change in Other Net Operating Assets | 20.30M | 20.30M | -32.50M | 48.30M | 4.60M | -19.50M |
| Operating Cash Flow | 825.60M | 825.60M | 601.40M | 619.20M | 578.10M | 316.30M |
| Capital Expenditures | -77.70M | -77.70M | -68.40M | -64.00M | -66.70M | -56.50M |
| Sale of Property, Plant & Equipment | 8.90M | |||||
| Cash Acquisitions | -1.19B | -35.50M | -12.90M | |||
| Other Investing Activities | -1.50M | -1.50M | -22.90M | -1.10M | 11.50M | -1.70M |
| Investing Cash Flow | -79.20M | -79.20M | -1.28B | -65.10M | -90.70M | -62.20M |
| Long-Term Debt Issued | 200.00M | 200.00M | 600.00M | 18.00M | ||
| Long-Term Debt Repaid | -400.00M | -400.00M | -200.00M | -18.00M | ||
| Net Debt Issued (Repaid) | -200.00M | -200.00M | 400.00M | -18.00M | 18.00M | |
| Issuance of Common Stock | 7.50M | 7.50M | 28.40M | 13.50M | 2.70M | 12.50M |
| Repurchase of Common Stock | -316.60M | -316.60M | -143.10M | -99.80M | -280.80M | -523.40M |
| Common Dividends Paid | -23.80M | -23.80M | -20.60M | -18.20M | -16.80M | -18.10M |
| Other Financing Activities | -3.60M | -3.60M | -9.30M | -1.40M | ||
| Financing Cash Flow | -536.50M | -536.50M | 255.40M | -104.50M | -312.90M | -512.40M |
| Foreign Exchange Rate Adjustments | 3.90M | 3.90M | 600.00K | -1.70M | 200.00K | -9.80M |
| Net Cash Flow | 213.80M | 213.80M | -423.30M | 447.90M | 174.70M | -268.10M |
| Free Cash Flow | 747.90M | 747.90M | 533.00M | 555.20M | 511.40M | 259.80M |
| Free Cash Flow Margin | 16.11% | 16.11% | 12.26% | 14.46% | 12.94% | 6.49% |
| Free Cash Flow Per Share | 24.01 | 24.01 | 16.84 | 17.66 | 15.90 | 7.50 |
| Levered Free Cash Flow | 584.46M | 584.46M | 416.30M | 467.36M | 481.93M | 210.38M |
| Unlevered Free Cash Flow | 606.90M | 606.90M | 442.86M | 483.18M | 499.36M | 227.25M |
| Cash Interest Paid | 35.10M | 35.10M | 40.50M | 24.40M | 27.90M | 26.10M |
| Cash Income Tax Paid | 107.60M | 107.60M | 151.80M | 155.70M | 147.20M | 109.40M |
| Change in Working Capital | 49.00M | 49.00M | 24.00M | 89.50M | 123.90M | -199.90M |
Ratios
Fiscal year September - August; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.38B | 9.87B | 9.91B | 7.74B | 4.98B | 5.30B |
| Enterprise Value | 9.56B | 10.26B | 10.62B | 7.62B | 5.22B | 5.66B |
| Last Close Price | 318.14 | 331.57 | 325.47 | 253.33 | 160.01 | 162.14 |
| PE Ratio | 18.66 | 18.57 | 24.98 | 18.32 | 14.40 | 13.79 |
| Forward PE | 14.87 | 15.61 | 17.67 | 15.91 | 12.24 | 12.73 |
| PS Ratio | 2.02 | 2.12 | 2.28 | 2.02 | 1.26 | 1.32 |
| PB Ratio | 3.18 | 3.32 | 3.64 | 3.25 | 2.47 | 2.77 |
| P/TBV Ratio | 19.58 | 20.58 | 75.97 | 9.22 | 11.42 | 17.76 |
| P/FCF Ratio | 12.55 | 13.19 | 18.59 | 13.95 | 9.74 | 20.39 |
| P/OCF Ratio | 11.37 | 11.95 | 16.47 | 12.51 | 8.62 | 16.75 |
| PEG Ratio | 1.49 | 1.56 | 1.77 | 1.22 | 1.08 | 1.12 |
| EV/Sales Ratio | 2.06 | 2.21 | 2.44 | 1.99 | 1.32 | 1.41 |
| EV/EBITDA Ratio | 11.39 | 12.23 | 14.25 | 11.86 | 8.86 | 9.39 |
| EV/EBIT Ratio | 14.00 | 15.03 | 17.35 | 13.81 | 10.53 | 11.14 |
| EV/FCF Ratio | 12.78 | 13.72 | 19.93 | 13.73 | 10.20 | 21.80 |
| Debt / Equity Ratio | 0.27 | 0.27 | 0.37 | 0.24 | 0.29 | 0.31 |
| Debt / EBITDA Ratio | 0.92 | 0.92 | 1.29 | 0.85 | 0.96 | 0.95 |
| Debt / FCF Ratio | 1.08 | 1.08 | 1.88 | 1.03 | 1.16 | 2.29 |
| Net Debt / Equity Ratio | 0.06 | 0.06 | 0.21 | -0.11 | 0.10 | 0.20 |
| Net Debt / EBITDA Ratio | 0.21 | 0.21 | 0.78 | -0.42 | 0.33 | 0.62 |
| Net Debt / FCF Ratio | 0.23 | 0.23 | 1.09 | -0.49 | 0.38 | 1.44 |
| Asset Turnover | 0.96 | 0.96 | 1.01 | 1.06 | 1.15 | 1.14 |
| Inventory Turnover | 4.79 | 4.79 | 4.89 | 5.45 | 5.24 | 5.28 |
| Quick Ratio | 1.16 | 1.16 | 1.20 | 2.05 | 1.60 | 1.21 |
| Current Ratio | 1.70 | 1.70 | 1.95 | 2.72 | 2.34 | 2.00 |
| Return on Equity (ROE) | 18.64% | 18.64% | 15.54% | 19.23% | 17.62% | 19.41% |
| Return on Assets (ROA) | 8.86% | 8.86% | 8.93% | 9.55% | 8.99% | 9.01% |
| Return on Invested Capital (ROIC) | 16.67% | 16.51% | 17.93% | 19.70% | 17.08% | 17.99% |
| Return on Capital Employed (ROCE) | 18.10% | 18.10% | 15.70% | 17.60% | 17.60% | 18.50% |
| Earnings Yield | 5.36% | 5.38% | 4.00% | 5.46% | 6.94% | 7.25% |
| FCF Yield | 7.97% | 7.58% | 5.38% | 7.17% | 10.26% | 4.91% |
| Dividend Yield | 0.25% | 0.23% | 0.20% | 0.23% | 0.32% | 0.32% |
| Payout Ratio | 4.69% | 4.48% | 5.19% | 4.31% | 4.86% | 4.71% |
| Buyback Yield / Dilution | 1.55% | 1.55% | -0.62% | 2.23% | 7.16% | 5.22% |
| Total Shareholder Return | 1.80% | 1.78% | -0.42% | 2.46% | 7.48% | 5.54% |