Acuity Brands Inc (AYI) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$5.19	$5.31	+2.3%	—	$1.2B	—
Q2 26	$4	$4.14	+3.5%	—	$1.1B	—
Q1 26	$4.59	$4.69	+2.2%	—	$1.1B	—
Q4 25	$4.84	$5.2	+7.4%	—	$1.2B	—
Q3 25	$4.44	$5.12	+15.3%	—	$1.2B	—
Q2 25	$3.7	$3.73	+0.8%	—	$1B	—
Q1 25	$3.9	$3.97	+1.8%	—	$951.6M	—
Q4 24	$4.27	$4.3	+0.7%	—	$1B	—
Q3 24	$4.08	$4.15	+1.7%	—	$968.1M	—
Q2 24	$3.23	$3.38	+4.6%	—	—	—
Q1 24	$3.23	$3.72	+15.2%	—	$934.7M	—
Q4 23	$3.73	$3.97	+6.4%	—	$1B	—
Q3 23	$3.73	$3.75	+0.5%	—	$1B	—
Q2 23	$2.73	$3.06	+12.1%	—	$943.6M	—
Q1 23	$3.02	$3.29	+8.9%	—	$997.9M	—
Q4 22	$3.61	$3.95	+9.4%	—	$1.1B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$12.8	—	—	$4.3B	—
FY24	—	$13.7	—	—	$3.8B	—
FY23	—	$10.9	—	—	$4B	—
FY22	—	$11.2	—	—	$4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.3B	$3.5B	$3.7B	$3.7B	$3.3B	$3.5B	$4B	$4B	$3.8B	$4.3B
YoY change	+21.6%	+6.5%	+4.99%	-0.2%	-9.43%	+4.05%	+15.7%	-1.35%	-2.81%	+13.1%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.3B	3.5B	3.7B	3.7B	3.3B	3.5B	4B	4B	3.8B	4.3B
Cost of revenue	1.9B	2B	2.2B	2.2B	1.9B	2B	2.3B	2.2B	2.1B	2.3B
Gross profit	1.4B	1.5B	1.5B	1.5B	1.4B	1.5B	1.7B	1.7B	1.8B	2.1B
Gross margin	43.6%	42.3%	40.4%	40.3%	42.2%	42.6%	41.8%	43.3%	46.4%	47.8%
Research & development	—	—	—	—	—	—	95.1M	97.1M	102.3M	140.2M
Selling, general & administrative	946M	942.3M	1B	1B	1B	1B	1.1B	1.1B	1.1B	1.3B
Operating expenses	946M	942.3M	1B	1B	1B	1B	1.2B	1.2B	1.2B	1.5B
Operating income	490.2M	538.8M	466.4M	464.7M	373.9M	430.9M	509.7M	500.3M	553.3M	593.6M
Operating margin	14.9%	15.4%	12.7%	12.7%	11.2%	12.5%	12.7%	12.7%	14.4%	13.7%
Non-operating income, net	-13.4M	-13.7M	-7M	-6.5M	-25.9M	-11.5M	9.1M	-34.7M	-9.2M	-71.4M
Pretax income	444.6M	492.6M	425.9M	424.9M	324.7M	396.2M	493.9M	446.7M	548.6M	500.2M
Income tax	153.8M	170.9M	76.3M	94.5M	76.4M	89.9M	109.9M	100.7M	126M	103.6M
Net income	290.8M	321.7M	349.6M	330.4M	248.3M	306.3M	384M	346M	422.6M	396.6M
Net margin	8.84%	9.18%	9.5%	9%	7.46%	8.85%	9.59%	8.75%	11%	9.13%
EBITDA	555.5M	612.6M	547.3M	551.4M	472.2M	523.8M	610.4M	597.5M	670.3M	706.6M
EPS	6.67	7.46	8.54	8.32	6.29	8.44	11.2	10.9	13.7	12.8
Diluted EPS	6.63	7.43	8.52	8.29	6.27	8.38	11.1	10.8	13.4	12.5

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	1B	934.7M	—	968.1M	1B	951.6M	1B	1.2B	1.2B	1.1B	1.1B	1.2B
Cost of revenue	567.7M	506.3M	—	515.9M	543.6M	502.3M	538.3M	608.4M	618.1M	589.9M	535.3M	591.6M
Gross profit	442.7M	428.4M	—	452.2M	488.7M	449.3M	468M	570.2M	591M	553.8M	520.4M	606.4M
Gross margin	43.8%	45.8%	—	46.7%	47.3%	47.2%	46.5%	48.4%	48.9%	48.4%	49.3%	50.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	313M	295.5M	294.3M	306.9M	229.4M	316M	357.8M	400.7M	270.2M	393.4M	381.5M	413.1M
Operating expenses	313M	295.5M	294.3M	306.9M	229.4M	316M	357.8M	400.7M	270.2M	393.4M	381.5M	413.1M
Operating income	129.7M	132.9M	118.1M	145.3M	157M	133.3M	110.2M	169.5M	180.6M	160.4M	138.9M	193.3M
Operating margin	12.8%	14.2%	—	15%	15.2%	14%	11%	14.4%	14.9%	14%	13.2%	16.1%
Non-operating income, net	-21.7M	-1.1M	-600K	500K	-8M	-2.5M	-1M	-32M	-35.9M	600K	-9M	-2M
Pretax income	105.3M	130.9M	—	147.6M	152.5M	134.8M	102.3M	125.4M	137.7M	152.6M	122.9M	185.2M
Income tax	22.4M	30.3M	—	33.7M	33.6M	28.1M	24.8M	27M	23.7M	32.1M	26.1M	44.2M
Net income	82.9M	100.6M	—	113.9M	118.9M	106.7M	77.5M	98.4M	114M	120.5M	96.8M	141M
Net margin	8.2%	10.8%	—	11.8%	11.5%	11.2%	7.7%	8.35%	9.43%	10.5%	9.17%	11.8%
EBITDA	154.2M	160.6M	—	175.4M	187.1M	162.6M	144.3M	204.7M	195M	201.5M	177.9M	234.9M
EPS	2.66	3.25	2.89	3.7	3.86	3.45	2.5	3.19	3.71	3.92	3.16	4.66
Diluted EPS	2.63	3.21	2.84	3.62	3.77	3.35	2.45	3.12	3.61	3.82	3.09	4.56

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	12B	7.6B	6.3B	5B	4.3B	6.7B	5.6B	5.1B	7.9B	10.1B	9.2B
Enterprise value	11.9B	7.7B	6.5B	4.9B	4.2B	6.8B	6B	5.3B	7.6B	10.7B	9.9B
Shares outstanding	43.5M	43.1M	40.9M	39.7M	39.5M	36.3M	34.2M	31.8M	30.9M	30.9M	30.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	41.2	23.7	17.9	15.1	17.4	21.9	14.6	14.8	18.6	25.4	20.2
P/S	3.64	2.17	1.7	1.36	1.3	1.94	1.4	1.3	2.05	2.32	1.98
P/B	7.21	4.57	3.64	2.59	2.03	3.28	2.93	2.55	3.31	3.7	3.19
EV/EBITDA	21.4	12.5	11.8	8.84	8.96	12.9	9.79	8.91	11.3	15.1	13.3
EV/Sales	3.62	2.19	1.76	1.33	1.27	1.95	1.49	1.35	1.98	2.45	2.15
Earnings yield	2.43%	4.22%	5.59%	6.64%	5.75%	4.57%	6.85%	6.75%	5.37%	3.94%	4.94%
FCF yield	2.54%	3.53%	4.93%	8.87%	10.4%	5.45%	4.64%	9.97%	7.06%	5.29%	5.1%
PEG	—	—	—	—	—	—	—	—	—	—	0.44

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	43.6%	42.3%	40.4%	40.3%	42.2%	42.6%	41.8%	43.3%	46.4%	47.8%	50.6%
Operating margin	14.9%	15.4%	12.7%	12.7%	11.2%	12.5%	12.7%	12.7%	14.4%	13.7%	16.1%
Net margin	8.84%	9.18%	9.5%	9%	7.46%	8.85%	9.59%	8.75%	11%	9.13%	10.3%
ROE	17.5%	19.3%	20.4%	17.2%	11.7%	15%	20.1%	17.2%	17.8%	14.6%	17.4%
ROA	9.86%	11.1%	11.7%	10.4%	7.11%	8.57%	11%	10.2%	11.1%	8.34%	7.83%
ROIC	20%	20.6%	19.7%	19.9%	14%	15.8%	17.3%	17.5%	20.2%	14.2%	16.4%
Return on tangible assets	100.4%	160.7%	696.4%	108%	207.1%	128%	151.7%	138.2%	57.4%	-91.4%	-114.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.97	2.07	1.77	2.42	2.33	2.23	2	2.34	2.72	1.95	2.05
Quick ratio	1.53	1.53	1.17	1.85	1.81	1.66	1.34	1.72	2.16	1.33	1.47
Debt / equity	0.21	0.21	0.21	0.19	0.22	0.27	0.31	0.29	0.24	0.37	0.28
Debt / assets	0.12	0.12	0.12	0.11	0.14	0.16	0.17	0.17	0.15	0.21	0.17
Net debt / EBITDA	-0.1	0.07	0.42	-0.19	-0.18	0.13	0.61	0.32	-0.41	0.82	0.48
Interest coverage	14.4	15.4	13	12.7	13.3	17.4	19.3	17	22.7	12.8	17.1
Effective tax rate	34.6%	34.7%	17.9%	22.2%	23.5%	22.7%	22.3%	22.5%	23%	20.7%	21.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	75.7	81.3	90	92.5	84.2	95.3	117.2	124.3	124.4	140.8	150.7
EPS (basic)	6.67	7.46	8.54	8.32	6.29	8.44	11.2	10.9	13.7	12.8	12.8
EPS (diluted)	6.63	7.43	8.52	8.29	6.27	8.38	11.1	10.8	13.4	12.5	15
Book value per share	38.2	38.6	42	48.3	53.9	56.3	55.9	63.4	77	88.3	95.4
FCF per share	6.99	6.25	7.53	11.1	11.4	10.1	7.6	16.1	18	17.3	20.7
Cash per share	9.5	7.22	3.16	11.6	14.2	13.5	6.53	12.5	27.4	13.7	13.9
Capex per share	1.87	1.43	1.07	1.34	1.38	1.08	1.39	2.1	2.07	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.48%	1.76%	1.18%	1.44%	1.64%	1.13%	1.19%	1.69%	1.67%	—	—
Capex / operating cash flow	20.7%	18.3%	11.6%	10.3%	11.3%	9.29%	14.2%	12.7%	10.3%	—	—
Payout ratio	7.87%	7.06%	6.12%	6.3%	8.38%	6.24%	4.71%	4.86%	4.31%	5.19%	4.91%
Dividend yield	0.19%	0.3%	0.34%	0.42%	0.48%	0.29%	0.32%	0.33%	0.23%	0.2%	0.26%

Yield

0.26%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.20

ex-dividend Jul 17, 2026

Payout ratio

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 17, 2026	$0.20
Apr 17, 2026	$0.20
Feb 2, 2026	$0.20

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$1B	$934.7M	—	$968.1M	$1B	$951.6M	$1B	$1.2B	$1.2B	$1.1B	$1.1B	$1.2B
YoY change	-9%	-6.33%	—	-3.22%	+2.17%	+1.81%	—	+21.7%	+17.1%	+20.2%	+4.91%	+1.65%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	413.2M	311.1M	129.1M	461M	560.7M	491.3M	223.2M	397.9M	845.8M	422.5M
Receivables	572.8M	573.3M	637.9M	561M	500.3M	571.8M	665.9M	555.3M	563M	593.9M
Inventory	295.2M	328.6M	411.8M	340.8M	320.1M	398.7M	485.7M	368.5M	387.6M	526.7M
Total current assets	1.3B	1.2B	1.2B	1.4B	1.4B	1.5B	1.5B	1.4B	1.9B	1.7B
Property, plant & equipment	93.4M	107M	97.6M	86.6M	141.7M	129.1M	149.1M	170.8M	150.8M	205.3M
Goodwill & intangibles	2.7B	2.7B	2.9B	2.9B	3.4B	3.3B	3.2B	3.2B	3.1B	5.2B
Total assets	2.9B	2.9B	3B	3.2B	3.5B	3.6B	3.5B	3.4B	3.8B	4.8B
Accounts payable	401M	395.1M	451.1M	338.8M	326.5M	391.5M	397.8M	285.7M	352.3M	454.5M
Short-term debt	200K	400K	400K	9.1M	41.5M	15.9M	33.7M	19.7M	19.2M	23.3M
Total current liabilities	672.5M	600.9M	682.7M	596.1M	617.6M	692.2M	733.6M	595.4M	687.9M	845.8M
Long-term debt	355M	356.5M	356.4M	347.5M	433.6M	541M	562.4M	571.1M	554.3M	981.1M
Total liabilities	1.3B	1.2B	1.3B	1.3B	1.4B	1.5B	1.6B	1.4B	1.4B	2B
Shareholders' equity	1.7B	1.7B	1.7B	1.9B	2.1B	2B	1.9B	2B	2.4B	2.7B
Total debt	355.2M	356.9M	356.8M	356.6M	475.1M	556.9M	596.1M	590.8M	573.5M	1B
Net debt	-58M	45.8M	227.7M	-104.4M	-85.6M	65.6M	372.9M	192.9M	-272.3M	581.9M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	397.9M	513.3M	—	699M	845.8M	935.6M	397.9M	371.8M	422.5M	376.1M	272.5M	411.9M
Receivables	555.3M	517.1M	—	512.3M	563M	534.7M	577.6M	608.6M	593.9M	565.3M	579M	610.9M
Inventory	368.5M	365.3M	—	372.3M	387.6M	391.1M	471.9M	486M	526.7M	518.1M	515.2M	458.3M
Total current assets	1.4B	1.5B	—	1.7B	1.9B	1.9B	1.6B	1.6B	1.7B	1.6B	1.5B	1.6B
Property, plant & equipment	170.8M	160.3M	—	150.8M	150.8M	141.9M	179.5M	172.6M	205.3M	210.4M	209.6M	199.3M
Goodwill & intangibles	3.2B	3.1B	—	3.1B	3.1B	3.1B	5.2B	5.2B	5.2B	5.1B	5.1B	5B
Total assets	3.4B	3.5B	—	3.6B	3.8B	3.9B	4.6B	4.6B	4.8B	4.7B	4.6B	4.6B
Accounts payable	285.7M	311.8M	—	323.3M	352.3M	331.5M	352.6M	409M	454.5M	396.2M	354.6M	363.9M
Short-term debt	19.7M	19.3M	—	19.3M	19.2M	18.9M	124.3M	23.3M	23.3M	25.4M	26.3M	27M
Total current liabilities	595.4M	600.6M	—	605.3M	687.9M	650.6M	801.1M	799.5M	845.8M	762.4M	728.1M	788.3M
Long-term debt	571.1M	565.7M	—	559.4M	554.3M	550.7M	1.1B	1.1B	981.1M	884.7M	781.9M	777.3M
Total liabilities	1.4B	1.4B	—	1.4B	1.4B	1.4B	2.1B	2.1B	2B	1.9B	1.7B	1.8B
Shareholders' equity	2B	2.1B	—	2.3B	2.4B	2.5B	2.5B	2.6B	2.7B	2.8B	2.8B	2.9B
Total debt	590.8M	585M	—	578.7M	573.5M	569.6M	1.2B	1.1B	1B	910.1M	808.2M	804.3M
Net debt	192.9M	71.7M	—	-120.3M	-272.3M	-366M	794.2M	713.8M	581.9M	534M	535.7M	392.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	290.8M	321.7M	349.6M	330.4M	248.3M	306.3M	384M	346M	422.6M	396.6M
Depreciation & amortization	62.6M	74.6M	80.3M	88.3M	101.1M	100.1M	94.8M	93.2M	91.1M	133.1M
Stock-based compensation	27.7M	32M	32.3M	29.2M	38.2M	32.5M	37.4M	42M	46.6M	45.1M
Change in working capital	21.3M	-83.1M	-49.3M	58.7M	101.9M	-15.2M	-182.3M	91.3M	92.5M	38.3M
Operating cash flow	394.2M	337.5M	374.7M	515.9M	482.8M	421M	334.5M	524.7M	619.2M	601.4M
Capital expenditure	-81.5M	-61.8M	-43.6M	-53M	-54.7M	-39.1M	-47.6M	-66.7M	-64M	—
Investing cash flow	-704.7M	-35.6M	-204M	-53M	-359.8M	-117.9M	-62.2M	-90.7M	-65.1M	-1.2B
Dividends paid	-22.9M	-22.7M	-21.4M	-20.8M	-20.8M	-19.1M	-18.1M	-16.8M	-18.2M	-20.6M
Share repurchases	0	-357.9M	-298.4M	-81.6M	-69.3M	-434.9M	-514.8M	-266.6M	-88.7M	-118.5M
Financing cash flow	-37M	-394.8M	-328.4M	-108.8M	-51.2M	-365.8M	-506.9M	-333.6M	-118M	227M
Net change in cash	-347.5M	-92.9M	-157.7M	354.1M	71.8M	-62.7M	-234.6M	100.4M	436.1M	-383.9M
Free cash flow	304.2M	269.3M	307.9M	441.7M	449.9M	364.9M	259.8M	511.4M	555.2M	533M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	82.9M	100.6M	—	113.9M	118.9M	106.7M	77.5M	98.4M	114M	120.5M	96.8M	141M
Depreciation & amortization	22.8M	22.7M	—	22.9M	22.6M	21.6M	30.5M	34.6M	46.4M	38.3M	38.8M	40.7M
Stock-based compensation	9.6M	11.1M	—	11.8M	11.7M	12.1M	11.4M	10.5M	11.1M	12.5M	13.1M	13.6M
Change in working capital	-8.4M	60.9M	-29M	-3.1M	38.5M	-6.4M	-35.4M	52.6M	27.5M	-20.3M	-46M	71.2M
Operating cash flow	106.9M	195.3M	-29M	145.5M	191.7M	134M	84M	196.1M	202.5M	140.8M	89.1M	290.3M
Capital expenditure	-18.7M	-14.6M	—	-12M	-23M	-18.9M	-9.7M	-15M	—	—	—	—
Investing cash flow	-14.3M	-14.5M	—	-11.9M	-20.5M	-18.4M	-7M	-58.9M	-6.6M	-300K	-500K	1.1M
Dividends paid	-4.1M	-4.1M	—	-4.6M	-4.8M	-4.5M	-5.5M	-5.3M	-5.3M	-5.3M	-6.3M	-6.1M
Share repurchases	-50.4M	-48.2M	—	-20.9M	0	-6.7M	-15.9M	-68.7M	-27.2M	-27.1M	-75.9M	-126.9M
Financing cash flow	-54.8M	-61.3M	—	-26.5M	-5.5M	-34.3M	-23M	-182.6M	-133.1M	-162.1M	-182.2M	-135.3M
Net change in cash	37.8M	119.5M	-29M	107.1M	165.7M	81.3M	54M	-45.4M	62.8M	-21.6M	-93.6M	156.1M
Free cash flow	87.9M	175.4M	—	140.5M	151.1M	113.3M	49.7M	192.3M	177.7M	114.8M	73.3M	273.6M

Date	Ratio
May 2, 2008	1:1
Feb 19, 2008	1:1

Acuity Brands Inc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history