ACUITY INC. (DE) AYI

Technology SIC 3640 - Electric Lighting & Wiring Equipment NAICS Manufacturing › Electrical Equipment, Appliance, and Component Manufacturing › Electric Lighting Equipment Manufacturing derived NYSE

Acuity Inc. (referred to herein as "we," "our," "us," the "Company," or similar references) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting ("ABL") and Acuity Intelligent Spaces ("AIS"), we design, manufacture, and bring to market products and services that make a valuable difference in people's lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and an audio, video, and control platform. We focus on customer outcomes and drive growth and productivity to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals.

Last close 318.72 2026-10-23
Market cap $9.54B 2026-05-31 share count
52-week range 257.04 - 380.17

Valuation FY2025 figures against the last close

P/S2.2x
P/E25.4x
P/FCF17.9x
EV/EBITDA14.4x
Dividend yield0.2%
Diluted EPS12.53

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $4.35B$3.84B$3.95B$4.01B$3.46B$3.33B$3.67B$3.68B$3.51B$3.29B
Cost of revenue $2.27B$2.06B$2.24B$2.33B$1.99B$1.92B$2.19B$2.19B$2.02B$1.86B
Gross profit $2.08B$1.78B$1.71B$1.67B$1.48B$1.40B$1.48B$1.49B$1.48B$1.44B
R&D $140.2M$102.3M$97.1M$95.1M$88.3M$82.0M$74.7M$63.9M$52.0M$47.1M
SG&A $1.48B$1.23B$1.21B$1.16B$1.04B$1.03B$1.01B$1.02B$942.3M$946.0M
Operating income $563.9M$553.3M$473.4M$509.7M$427.6M$353.9M$462.9M$460.8M$527.5M$475.2M
Interest expense $42.5M$25.3M$27.9M$27.0M$24.2M$26.4M$36.4M$35.5M$34.1M$33.3M
Pre-tax income $500.2M$548.6M$446.7M$493.9M$396.2M$324.7M$424.9M$425.9M$492.6M$444.6M
Income tax $103.6M$126.0M$100.7M$109.9M$89.9M$76.4M$94.5M$76.3M$170.9M$153.8M
Net income $396.6M$422.6M$346.0M$384.0M$306.3M$248.3M$330.4M$349.6M$321.7M$290.8M
EPS, basic 12.8513.6810.8811.238.446.298.328.547.466.67
EPS, diluted 12.5313.4410.7611.088.386.278.298.527.436.63
Shares, diluted (wtd. avg.) 31.6M31.4M32.2M34.6M36.6M39.6M39.8M41.0M43.3M43.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $422.5M$845.8M$397.9M$223.2M$491.3M$560.7M$461.0M$129.1M$311.1M$413.2M
Receivables $593.9M$563.0M$555.3M$665.9M$571.8M$500.3M$561.0M$637.9M$573.3M$572.8M
Inventory $526.7M$387.6M$368.5M$485.7M$398.7M$320.1M$340.8M$411.8M$328.6M$295.2M
Total current assets $1.65B$1.87B$1.40B$1.47B$1.54B$1.44B$1.44B$1.21B$1.25B$1.32B
Property, plant and equipment $343.2M$303.9M$297.6M$276.5M$269.1M$270.5M$277.3M$286.7M$287.7M$267.8M
Goodwill $1.50B$1.10B$1.10B$1.08B$1.09B$1.08B$967.3M$970.6M$900.9M$947.8M
Other intangibles $1.10B$440.5M$481.2M$529.2M$573.2M$605.9M$466.0M$498.7M$448.8M$381.4M
Total assets $4.76B$3.81B$3.41B$3.48B$3.58B$3.49B$3.17B$2.99B$2.90B$2.95B
Accounts payable $454.5M$352.3M$285.7M$397.8M$391.5M$326.5M$338.8M$451.1M$395.1M$401.0M
Short-term debt ——$0$18.0M$0$24.3M$9.1M$400.0K$400.0K$200.0K
Total current liabilities $845.8M$687.9M$595.4M$733.6M$692.2M$617.6M$596.1M$682.7M$600.9M$672.5M
Long-term debt $896.8M$496.2M$495.6M$495.0M$494.3M$376.8M$347.5M$356.4M$356.5M$355.0M
Total liabilities $2.03B$1.44B$1.39B$1.57B$1.53B$1.36B$1.25B$1.27B$1.23B$1.29B
Retained earnings $4.29B$3.91B$3.51B$3.18B$2.81B$2.52B$2.30B$2.00B$1.66B$1.36B
Total equity $2.72B$2.38B$2.02B$1.91B$2.04B$2.13B$1.92B$1.72B$1.67B$1.66B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $601.4M$619.2M$578.1M$316.3M$408.7M$504.8M$494.7M$351.5M$336.6M$387.9M
Depreciation and amortisation $133.1M$91.1M$93.2M$94.8M$100.1M$101.1M$88.3M$80.3M$74.6M$62.6M
Stock-based compensation $45.1M$46.6M$42.0M$37.4M$32.5M$38.2M$29.2M$32.3M$32.0M$27.7M
Capital expenditure $68.4M$64.0M$66.7M$56.5M$43.8M$54.9M$53.0M$43.6M$67.3M$83.7M
Investing cash flow -$1.28B-$65.1M-$90.7M-$62.2M-$117.9M-$359.8M-$53.0M-$204.0M-$48.8M-$704.7M
Financing cash flow $255.4M-$104.5M-$312.9M-$512.4M-$362.6M-$50.3M-$108.2M-$326.7M-$391.8M-$22.8M
Dividends paid $20.6M$18.2M$16.8M$18.1M$19.1M$20.8M$20.8M$21.4M$22.7M$22.9M
Buybacks $118.5M$88.7M$266.6M$514.8M$434.9M$69.3M$81.6M$298.4M$357.9M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001144215-25-000082.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Revenue, FY2016: 3.3B Gross profit, FY2016: 1.4B Net income, FY2016: 290.8M Revenue, FY2017: 3.5B Gross profit, FY2017: 1.5B Net income, FY2017: 321.7M Revenue, FY2018: 3.7B Gross profit, FY2018: 1.5B Net income, FY2018: 349.6M Revenue, FY2019: 3.7B Gross profit, FY2019: 1.5B Net income, FY2019: 330.4M Revenue, FY2020: 3.3B Gross profit, FY2020: 1.4B Net income, FY2020: 248.3M Revenue, FY2021: 3.5B Gross profit, FY2021: 1.5B Net income, FY2021: 306.3M Revenue, FY2022: 4B Gross profit, FY2022: 1.7B Net income, FY2022: 384M Revenue, FY2023: 4B Gross profit, FY2023: 1.7B Net income, FY2023: 346M Revenue, FY2024: 3.8B Gross profit, FY2024: 1.8B Net income, FY2024: 422.6M Revenue, FY2025: 4.3B Gross profit, FY2025: 2.1B Net income, FY2025: 396.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.29B $3.51B $3.68B $3.67B $3.33B $3.46B $4.01B $3.95B $3.84B $4.35B
Gross profit $1.44B $1.48B $1.49B $1.48B $1.40B $1.48B $1.67B $1.71B $1.78B $2.08B
Net income $290.8M $321.7M $349.6M $330.4M $248.3M $306.3M $384.0M $346.0M $422.6M $396.6M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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