Acuity Brands, Inc. logo

Acuity Brands, Inc.

AYI

NYSEIndustrialsElectrical Equipment & Parts

Previous close

$343.1

+$1.45 · +0.42%

Aug 21, 4:00 PM ET

AYI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

84

Deep Value

Momentum

47

Neutral

Sentiment

74

Bullish

Risk resilience

53

Elevated Risk

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Company profile

Company website

Acuity Brands, Inc. operates as a global provider of advanced lighting and building management solutions, serving markets both within North America and internationally. The company's operations are divided into two principal segments: Acuity Brands Lighting and Lighting Controls (ABL), and the Intelligent Spaces Group (ISG). The ABL division offers a comprehensive portfolio of commercial, architectural, and specialized lighting products, alongside control systems and related components, designed for a variety of indoor and outdoor applications. This segment markets its offerings under numerous well-known brands, including Lithonia Lighting, Holophane, Peerless, Gotham, Mark Architectural Lighting, Winona Lighting, Juno, Indy, Aculux, Healthcare Lighting, Hydrel, American Electric Lighting, Sunoptics, eldoLED, nLight, Sensor Switch, IOTA, A-Light, Cyclone, Eureka, Lumniaire LED, Luminis, Dark to Light, and RELOC Wiring Solutions. Its diverse customer base for lighting products spans electrical distributors, major retail home improvement chains, utility providers, national account clients, online retailers, dedicated lighting showrooms, and energy service firms. In contrast, the ISG segment focuses on sophisticated building management systems and location-aware applications, delivered through its Distech Controls, Atrius, and Rockpile Ventures brands. This includes serving system integrators, as well as end-users such as retail establishments, airports, and large corporate campuses. Established in 2001, Acuity Brands, Inc. maintains its corporate headquarters in Atlanta, Georgia.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
US
CEO
Neil Ashe
Listed since
Dec 3, 2001
Employees
13,800

Market position

Day range

Current $343.1

52-week range

Current $343.1

Open
$347.01
Previous close
$341.65
Volume
88.27K
0.24× average
Average volume
360.46K
Average daily volume
Market cap
10.27B USD
Beta
1.3
Market reference 1
50-day average
$337.96
+1.52% above average
200-day average
$320.4
+7.09% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.66B USD
P/E (TTM)
22.21×
P/B (TTM)
3.64×
P/S (TTM)
2.23×
EV / EBITDA
16.26×
Earnings yield
3.94%
Free cash flow yield
5.29%
Dividend yield
0.22%

Profitability & efficiency

Gross margin
49.31%
Operating margin
14.49%
Net margin
10.25%
Return on equity
14.55%
Return on assets
8.34%
Return on invested capital
11.97%

Financial health

Debt / equity
0.28×
Current ratio
1.95×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends52%36%20%5%Gross margin, FY2021: 42.62%Gross margin, FY2022: 41.75%Gross margin, FY2023: 43.35%Gross margin, FY2024: 46.39%Gross margin, FY2025: 47.83%Operating margin, FY2021: 12.35%Operating margin, FY2022: 12.72%Operating margin, FY2023: 11.98%Operating margin, FY2024: 14.41%Operating margin, FY2025: 13.66%Net margin, FY2021: 8.85%Net margin, FY2022: 9.59%Net margin, FY2023: 8.75%Net margin, FY2024: 11.00%Net margin, FY2025: 9.13%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 42.62%. Gross margin FY2022 41.75%. Gross margin FY2023 43.35%. Gross margin FY2024 46.39%. Gross margin FY2025 47.83%. Operating margin FY2021 12.35%. Operating margin FY2022 12.72%. Operating margin FY2023 11.98%. Operating margin FY2024 14.41%. Operating margin FY2025 13.66%. Net margin FY2021 8.85%. Net margin FY2022 9.59%. Net margin FY2023 8.75%. Net margin FY2024 11.00%. Net margin FY2025 9.13%.

Income trends

Revenue

4.35B USD+13.14%

Operating income

593.6M USD+7.28%

Net income

396.6M USD-6.15%
Income trends across reported periods4.75B USD3.13B USD1.52B USD−97.63M USDRevenue, FY2021: 3.46B USDRevenue, FY2022: 4.01B USDRevenue, FY2023: 3.95B USDRevenue, FY2024: 3.84B USDRevenue, FY2025: 4.35B USDOperating income, FY2021: 427.6M USDOperating income, FY2022: 509.7M USDOperating income, FY2023: 473.4M USDOperating income, FY2024: 553.3M USDOperating income, FY2025: 593.6M USDNet income, FY2021: 306.3M USDNet income, FY2022: 384M USDNet income, FY2023: 346M USDNet income, FY2024: 422.6M USDNet income, FY2025: 396.6M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.46B USD. Revenue FY2022 4.01B USD. Revenue FY2023 3.95B USD. Revenue FY2024 3.84B USD. Revenue FY2025 4.35B USD. Operating income FY2021 427.6M USD. Operating income FY2022 509.7M USD. Operating income FY2023 473.4M USD. Operating income FY2024 553.3M USD. Operating income FY2025 593.6M USD. Net income FY2021 306.3M USD. Net income FY2022 384M USD. Net income FY2023 346M USD. Net income FY2024 422.6M USD. Net income FY2025 396.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.35B USD3.84B USD3.95B USD4.01B USD3.46B USD
Cost of goods sold2.27B USD2.06B USD2.24B USD2.33B USD1.99B USD
Gross profit2.08B USD1.78B USD1.71B USD1.67B USD1.48B USD
Research and development102.3M USD97.1M USD95.1M USD88.3M USD
Selling, general, and administrative1.48B USD1.13B USD1.12B USD1.07B USD1.04B USD
Operating expenses1.48B USD1.23B USD1.24B USD1.16B USD1.05B USD
Interest income20.5M USD29.8M USD9M USD2.1M USD1M USD
Interest expense42.5M USD25.3M USD27.9M USD27M USD24.2M USD
Depreciation and amortization133.1M USD91.1M USD93.2M USD94.8M USD100.1M USD
Operating income593.6M USD553.3M USD473.4M USD509.7M USD427.6M USD
Net income396.6M USD422.6M USD346M USD384M USD306.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+5.32%
11 comparable reports
Latest EPS result
5.31
Estimate 5.17 · Beat by 2.71%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.95.094.273.46Q1 '25BeatQ2 '25BeatQ2 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ2 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 8, 2025: actual 3.97, estimate 3.87, surprise +2.58%, Beat. Q2 2025, reported Apr 3, 2025: actual 3.73, estimate 3.69, surprise +1.08%, Beat. Q2 2025, reported Jun 26, 2025: actual 5.12, estimate 4.44, surprise +15.32%, Beat. Q4 2025, reported Oct 1, 2025: actual 5.2, estimate 4.83, surprise +7.66%, Beat. Q1 2026, reported Jan 8, 2026: actual 4.69, estimate 4.52, surprise +3.76%, Beat. Q2 2026, reported Apr 2, 2026: actual 4.14, estimate 4, surprise +3.50%, Beat. Q2 2026, reported Jun 25, 2026: actual 5.31, estimate 5.17, surprise +2.71%, Beat. Q4 2026, reported Oct 7, 2026: actual —, estimate 5.67, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.3B1.17B1.04B901.46MQ1 '25MissQ2 '25MissQ2 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ2 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 8, 2025: actual 951.6M USD, estimate 1.03B USD, surprise -7.23%, Miss. Q2 2025, reported Apr 3, 2025: actual 1.01B USD, estimate 1.03B USD, surprise -2.15%, Miss. Q2 2025, reported Jun 26, 2025: actual 1.18B USD, estimate 1.15B USD, surprise +2.66%, Beat. Q4 2025, reported Oct 1, 2025: actual 1.21B USD, estimate 1.23B USD, surprise -1.55%, Miss. Q1 2026, reported Jan 8, 2026: actual 1.14B USD, estimate 1.14B USD, surprise -0.06%, Miss. Q2 2026, reported Apr 2, 2026: actual 1.06B USD, estimate 1.08B USD, surprise -2.32%, Miss. Q2 2026, reported Jun 25, 2026: actual 1.2B USD, estimate 1.18B USD, surprise +1.75%, Beat. Q4 2026, reported Oct 7, 2026: actual —, estimate 1.25B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$404.33

17.85% upside
Past 12 months12-month forecastHigh $465Average $404.33Low $358

AYI news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.68

2025 complete year+30.8% since 2021

2026 partial: $0.60

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 17, 2026

$0.20

Quarterly

Record Jul 17, 2026 · Payment Aug 3, 2026

Dividend

Ex-dividend Apr 17, 2026

$0.20

Quarterly

Record Apr 17, 2026 · Payment May 1, 2026

Dividend

Ex-dividend Feb 2, 2026

$0.20

Quarterly

Record Feb 2, 2026 · Payment Feb 13, 2026

Dividend

Ex-dividend Oct 17, 2025

$0.17

Quarterly

Record Oct 17, 2025 · Payment Nov 3, 2025

Dividend

Ex-dividend Jul 18, 2025

$0.17

Quarterly

Record Jul 18, 2025 · Payment Aug 1, 2025

Dividend

Ex-dividend Apr 17, 2025

$0.17

Quarterly

Record Apr 18, 2025 · Payment May 1, 2025

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