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

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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.

TTMFY2026FY2025FY2024FY2023FY2022
Revenue4.64B4.64B4.35B3.84B3.95B4.01B
Cost of Revenue2.34B2.34B2.24B2.06B2.24B2.33B
Gross Profit2.30B2.30B2.11B1.78B1.71B1.67B
Selling, General & Admin1.45B1.45B1.36B1.13B1.12B1.07B
Research & Development165.60M165.60M140.20M102.30M97.10M95.10M
Operating Expenses1.62B1.62B1.50B1.23B1.22B1.16B
Operating Income682.40M682.40M612.10M551.80M495.30M508.40M
Interest Expense-35.90M-35.90M-42.50M-25.30M-27.90M-27.00M
Interest & Investment Income10.30M10.30M20.50M29.80M9.00M2.10M
Currency Exchange Gain (Loss)-3.20M-3.20M-1.10M-5.30M8.40M5.30M
Other Non Operating Income (Expenses)-500.00K-500.00K-5.70M600.00K2.80M
EBT Excluding Unusual Items653.10M653.10M583.30M551.60M484.80M491.60M
Merger & Restructuring Charges-53.40M
Gain (Loss) on Sale of Assets-11.20M2.30M
Asset Writedown-6.00M-6.00M-16.70M-3.00M-18.30M
Other Unusual Items33.60M33.60M-13.00M-8.60M
Pretax Income680.70M680.70M500.20M548.60M446.70M493.90M
Income Tax Expense149.40M149.40M103.60M126.00M100.70M109.90M
Net Income531.30M531.30M396.60M422.60M346.00M384.00M
Net Income to Common531.30M531.30M396.60M422.60M346.00M384.00M
Shares Outstanding (Basic)30.38M30.38M30.86M30.89M31.81M34.18M
Shares Outstanding (Diluted)31.15M31.15M31.64M31.45M32.16M34.65M
EPS (Basic)17.4917.4912.8513.6810.8811.23
EPS (Diluted)17.0517.0512.5313.4410.7611.08
Free Cash Flow747.90M747.90M533.00M555.20M511.40M259.80M
Free Cash Flow Per Share24.0124.0116.8417.6615.907.50
Dividend Per Share0.770.770.660.580.520.52
Gross Margin49.54%49.54%48.51%46.39%43.35%41.75%
Operating Margin14.70%14.70%14.09%14.37%12.53%12.69%
Profit Margin11.45%11.45%9.13%11.00%8.76%9.59%
Free Cash Flow Margin16.11%16.11%12.26%14.46%12.94%6.49%
EBITDA838.80M838.80M745.20M642.90M588.50M603.20M
EBITDA Margin18.07%18.07%17.15%16.74%14.89%15.06%
D&A For EBITDA156.40M156.40M133.10M91.10M93.20M94.80M
EBIT682.40M682.40M612.10M551.80M495.30M508.40M
EBIT Margin14.70%14.70%14.09%14.37%12.53%12.69%
Effective Tax Rate21.95%21.95%20.71%22.97%22.54%22.25%
Advertising Expenses36.20M36.20M29.20M20.10M21.90M19.30M

Balance sheet

Fiscal year September - August; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Cash & Equivalents636.30M636.30M422.50M845.80M397.90M223.20M
Cash & Short-Term Investments636.30M636.30M422.50M845.80M397.90M223.20M
Receivables632.10M632.10M593.90M563.00M555.30M665.90M
Inventory450.40M450.40M526.70M387.60M368.50M485.70M
Prepaid Expenses129.50M129.50M99.50M70.60M68.60M87.50M
Other Current Assets10.90M10.90M8.90M4.50M4.90M3.70M
Total Current Assets1.86B1.86B1.65B1.87B1.40B1.47B
Property, Plant & Equipment456.30M456.30M440.60M369.50M381.70M351.40M
Long-Term Investments6.00M6.00M5.10M6.70M7.20M11.90M
Goodwill1.49B1.49B1.50B1.10B1.10B1.08B
Other Intangible Assets1.00B1.00B1.10B440.50M481.20M529.20M
Long-Term Deferred Tax Assets12.90M12.90M23.40M2.30M3.00M1.30M
Long-Term Deferred Charges12.10M29.90M28.10M
Other Long-Term Assets44.10M44.10M40.10M13.30M12.40M8.00M
Total Assets4.87B4.87B4.76B3.81B3.41B3.48B
Accounts Payable443.80M443.80M454.50M352.30M285.70M397.80M
Accrued Expenses257.10M257.10M204.40M201.10M187.90M226.40M
Current Portion of Long-Term Debt200.00M200.00M18.00M
Current Portion of Leases28.30M28.30M23.30M19.20M19.70M15.70M
Current Income Taxes Payable37.80M37.80M25.30M7.10M9.20M13.90M
Current Unearned Revenue25.70M25.70M21.40M17.40M14.10M11.40M
Other Current Liabilities104.20M104.20M116.90M90.80M78.80M50.40M
Total Current Liabilities1.10B1.10B845.80M687.90M595.40M733.60M
Long-Term Debt497.40M497.40M896.80M496.20M495.60M495.00M
Long-Term Leases83.20M83.20M84.30M58.10M75.50M67.40M
Long-Term Unearned Revenue30.60M30.60M38.00M41.50M47.60M53.10M
Pension & Post-Retirement Benefits40.30M40.30M39.20M37.50M38.40M41.40M
Long-Term Deferred Tax Liabilities47.40M47.40M24.90M26.00M59.00M102.10M
Other Long-Term Liabilities103.40M103.40M101.30M88.60M81.60M75.80M
Total Liabilities1.90B1.90B2.03B1.44B1.39B1.57B
Common Stock600.00K600.00K500.00K500.00K500.00K500.00K
Additional Paid-In Capital1.19B1.19B1.16B1.12B1.07B1.04B
Retained Earnings4.79B4.79B4.29B3.91B3.51B3.18B
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' Equity2.97B2.97B2.72B2.38B2.02B1.91B
Total Liabilities & Equity4.87B4.87B4.76B3.81B3.41B3.48B
Total Debt808.90M808.90M1.00B573.50M590.80M596.10M
Net Cash (Debt)-172.60M-172.60M-581.90M272.30M-192.90M-372.90M
Net Cash Per Share-5.54-5.54-18.398.66-6.00-10.76
Filing Date Shares Outstanding29.50M29.50M30.41M30.56M30.65M31.76M
Total Common Shares Outstanding29.70M29.70M30.50M30.50M30.75M32.09M
Working Capital762.30M762.30M805.70M1.18B799.80M732.40M
Book Value Per Share100.14100.1489.3477.9965.5459.58
Tangible Book Value479.30M479.30M130.40M839.60M436.30M298.30M
Tangible Book Value Per Share16.1416.144.2827.5314.199.30
Land22.60M22.60M22.20M22.30M23.00M22.00M
Buildings248.30M248.30M235.30M218.70M210.90M202.30M
Machinery895.20M895.20M839.40M758.70M727.90M667.60M

Cash flow statement

Fiscal year September - August; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Net Income531.30M531.30M396.60M422.60M346.00M384.00M
Depreciation & Amortization156.40M156.40M133.10M91.10M93.20M94.80M
Loss (Gain) From Sale of Assets-2.30M
Asset Writedown & Restructuring Costs6.00M6.00M16.70M3.00M20.80M1.70M
Stock-Based Compensation49.50M49.50M45.10M46.60M42.00M37.40M
Other Operating Activities33.40M33.40M-14.10M-33.60M-47.80M600.00K
Change in Accounts Receivable-37.80M-37.80M26.30M-8.70M114.60M-99.70M
Change in Inventory74.70M74.70M-34.20M-16.30M115.20M-83.30M
Change in Accounts Payable-8.20M-8.20M64.40M66.20M-110.50M2.60M
Change in Other Net Operating Assets20.30M20.30M-32.50M48.30M4.60M-19.50M
Operating Cash Flow825.60M825.60M601.40M619.20M578.10M316.30M
Capital Expenditures-77.70M-77.70M-68.40M-64.00M-66.70M-56.50M
Sale of Property, Plant & Equipment8.90M
Cash Acquisitions-1.19B-35.50M-12.90M
Other Investing Activities-1.50M-1.50M-22.90M-1.10M11.50M-1.70M
Investing Cash Flow-79.20M-79.20M-1.28B-65.10M-90.70M-62.20M
Long-Term Debt Issued200.00M200.00M600.00M18.00M
Long-Term Debt Repaid-400.00M-400.00M-200.00M-18.00M
Net Debt Issued (Repaid)-200.00M-200.00M400.00M-18.00M18.00M
Issuance of Common Stock7.50M7.50M28.40M13.50M2.70M12.50M
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-536.50M255.40M-104.50M-312.90M-512.40M
Foreign Exchange Rate Adjustments3.90M3.90M600.00K-1.70M200.00K-9.80M
Net Cash Flow213.80M213.80M-423.30M447.90M174.70M-268.10M
Free Cash Flow747.90M747.90M533.00M555.20M511.40M259.80M
Free Cash Flow Margin16.11%16.11%12.26%14.46%12.94%6.49%
Free Cash Flow Per Share24.0124.0116.8417.6615.907.50
Levered Free Cash Flow584.46M584.46M416.30M467.36M481.93M210.38M
Unlevered Free Cash Flow606.90M606.90M442.86M483.18M499.36M227.25M
Cash Interest Paid35.10M35.10M40.50M24.40M27.90M26.10M
Cash Income Tax Paid107.60M107.60M151.80M155.70M147.20M109.40M
Change in Working Capital49.00M49.00M24.00M89.50M123.90M-199.90M

Ratios

Fiscal year September - August; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Market Capitalization9.38B9.87B9.91B7.74B4.98B5.30B
Enterprise Value9.56B10.26B10.62B7.62B5.22B5.66B
Last Close Price318.14331.57325.47253.33160.01162.14
PE Ratio18.6618.5724.9818.3214.4013.79
Forward PE14.8715.6117.6715.9112.2412.73
PS Ratio2.022.122.282.021.261.32
PB Ratio3.183.323.643.252.472.77
P/TBV Ratio19.5820.5875.979.2211.4217.76
P/FCF Ratio12.5513.1918.5913.959.7420.39
P/OCF Ratio11.3711.9516.4712.518.6216.75
PEG Ratio1.491.561.771.221.081.12
EV/Sales Ratio2.062.212.441.991.321.41
EV/EBITDA Ratio11.3912.2314.2511.868.869.39
EV/EBIT Ratio14.0015.0317.3513.8110.5311.14
EV/FCF Ratio12.7813.7219.9313.7310.2021.80
Debt / Equity Ratio0.270.270.370.240.290.31
Debt / EBITDA Ratio0.920.921.290.850.960.95
Debt / FCF Ratio1.081.081.881.031.162.29
Net Debt / Equity Ratio0.060.060.21-0.110.100.20
Net Debt / EBITDA Ratio0.210.210.78-0.420.330.62
Net Debt / FCF Ratio0.230.231.09-0.490.381.44
Asset Turnover0.960.961.011.061.151.14
Inventory Turnover4.794.794.895.455.245.28
Quick Ratio1.161.161.202.051.601.21
Current Ratio1.701.701.952.722.342.00
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 Yield5.36%5.38%4.00%5.46%6.94%7.25%
FCF Yield7.97%7.58%5.38%7.17%10.26%4.91%
Dividend Yield0.25%0.23%0.20%0.23%0.32%0.32%
Payout Ratio4.69%4.48%5.19%4.31%4.86%4.71%
Buyback Yield / Dilution1.55%1.55%-0.62%2.23%7.16%5.22%
Total Shareholder Return1.80%1.78%-0.42%2.46%7.48%5.54%