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Acuity Brands, Inc.(AYI)Earnings, Financials & Key Ratios
AYI•NYSE
$354.23
28.3× P/E·Price updated Jul 6, 2026
AboutAcuity Brands, Inc. provides lighting and building management solutions in North America and internationally. The company operates through two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the 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 brands. This segment serves electrical distributors, retail home improvement centers, electric utilities, national accounts, digital retailers, lighting showrooms, and energy service companies. The ISG segment offers building management systems and location-aware applications under the Distech Controls, Atrius, and Rockpile Ventures brands. This segment serves system integrators, as well as retail stores, airports, and enterprise campuses. Acuity Brands, Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.Show more
- Revenue$4.35B+13.1%
- EBITDA$727M+12.8%
- Net Income$397M-6.2%
- EPS (Diluted)12.53-6.8%
- Gross Margin47.83%+3.1%
- EBITDA Margin16.72%-0.3%
- Operating Margin13.66%-5.2%
- Net Margin9.13%-17.0%
- ROE15.54%-19.2%
AYI Price & Volume
Acuity Brands, Inc. (AYI) stock price & volume — 10-year historical chart
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Structural Margin Expansion Offsets Cyclical Revenue Volatility
Investment Thesis • Updated 2026Q3
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Fortress
Cash Flow:Robust
Primary Risk:Cyclical non-residential construction exposure
Key Thesis Takeaways
- Acuity Brands demonstrates a disciplined pivot toward high-margin intelligent building solutions, evidenced by a gross margin expansion to 50.6% in 2026Q3.
- While the company maintains a fortress balance sheet with a 0.28 debt-to-equity ratio, investors should monitor the sensitivity of its project-based revenue to non-residential construction cycles.
- Future performance will likely hinge on the company's ability to sustain operating leverage, which recently drove operating margins to 16.1%, while navigating potential distributor destocking risks.
Verdict Logic
while the company exhibits strong cash conversion with an OCF/NI ratio of 2.06, the current P/E of 28.93 warrants caution given the cyclical nature of its 1.6% revenue growth.
AYI Growth Metrics
Acuity Brands, Inc. (AYI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.85%
5 Years5.49%
3 Years2.75%
TTM10.5%
Profit CAGR
10 Years5.97%
5 Years9.82%
3 Years1.08%
TTM17.63%
EPS CAGR
10 Years9.43%
5 Years14.85%
3 Years4.18%
TTM18.83%
Return on Capital
10 Years18.33%
5 Years17.1%
3 Years17.51%
Last Year16.87%
AYI Recent Earnings
Acuity Brands, Inc. (AYI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 5/12 qtrs (42%)
Q3 2026Latest
Jun 25, 2026Metric
Actual
Est
EPS
$5.31+2.7%
$5.17
Rev
$1.2B+1.8%
$1.2B
Q2 2026
Apr 2, 2026Metric
Actual
Est
EPS
$4.14+3.5%
$4.00
Rev
$1.1B-2.3%
$1.1B
Q1 2026
Jan 8, 2026Metric
Actual
Est
EPS
$4.69+3.8%
$4.52
Rev
$1.1B-0.1%
$1.1B
Q4 2025
Oct 1, 2025Metric
Actual
Est
EPS
$5.20+7.7%
$4.83
Rev
$1.2B-1.6%
$1.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 25, 2026 | $5.31vs $5.17+2.7% | $1.2Bvs $1.2B+1.8% |
| Q2 2026 | Apr 2, 2026 | $4.14vs $4.00+3.5% | $1.1Bvs $1.1B-2.3% |
| Q1 2026 | Jan 8, 2026 | $4.69vs $4.52+3.8% | $1.1Bvs $1.1B-0.1% |
| Q4 2025 | Oct 1, 2025 | $5.20vs $4.83+7.7% | $1.2Bvs $1.2B-1.6% |
Based on last 12 quarters of dataView full earnings history →
Latest AYI News
Recent stock market news and headlines for Acuity Brands, Inc. (AYI)
Zacks Investment Research·Jun 29, 2026
Acuity Is Riding Smart Building Trends as Lighting Demand LagsAYI is gaining from smart building demand, data centers and AIS margin strength, but legacy lighting weakness keeps the transition unfinished.
Zacks Investment Research·Jun 29, 2026
Is Acuity Stock a Buy Now or a Hold After Strong Q3 Results?AYI's Q3 beat, cash flow and AIS growth support the bull case, but valuation and lighting weakness keep the stock looking more like a hold.
Zacks Investment Research·Jun 29, 2026
Acuity Stock's Outlook Hinges on AIS Growth and Lighting RecoveryAYI's outlook rests on AIS growth, software-enabled controls and AV platforms as uneven lighting demand keeps its transition story balanced.
Zacks Investment Research·Jun 29, 2026
AYI Q3 Earnings Call Flags Firmer Lighting DemandAYI says lighting demand is stabilizing as AIS delivers double-digit growth, margin strength and new momentum in controls, OEM channels and data centers.
Peers Comparison
Key metrics vs top competitors for Acuity Brands, Inc. (AYI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $354.23 | $10.6B | 28.27 | 13.14% | 9.13% | 15.54% | 0.18% | |
| $495.60 | $26.35B | 29.96 | 3.84% | 15.1% | 24.38% | — | |
| $156.89 | $25.37B | 36.40 | 29.51% | 11.37% | 13.41% | — | |
| $70.45 | $2.38B | -156.56 | -10.98% | -4.19% | -8.68% | — | |
| $73.87 | $3.5B | 4.92 | -1% | 29% | 33.73% | — | |
| $413.42 | $160.53B | 39.52 | 10.33% | 13.99% | 20.76% | — |
Compare AYI vs Peers
Acuity Brands, Inc. (AYI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AYI SEC Filings & Documents
Acuity Brands, Inc. (AYI) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 25, 2026·SEC
Material company update
May 13, 2026·SEC
Material company update
Apr 2, 2026·SEC
10-K Annual Reports
410-Q Quarterly Reports
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AYI Frequently Asked Questions
Acuity Brands, Inc. (AYI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Acuity Brands, Inc.'s revenue?
Acuity Brands, Inc. (AYI) reported $4.61B in revenue for fiscal year 2025. This represents a 132% increase from $1.98B in 2001.
How fast is Acuity Brands, Inc. growing?
Acuity Brands, Inc. (AYI) grew revenue by 13.1% over the past year. This is steady growth.
Is AYI profitable?
Yes, Acuity Brands, Inc. (AYI) is profitable, generating $472.3M in net income for fiscal year 2025 (9.1% net margin).
Dividend & Returns
Does AYI pay dividends?
Yes, Acuity Brands, Inc. (AYI) pays a dividend with a yield of 0.18%. This makes it attractive for income-focused investors.
What is AYI's return on equity?
Acuity Brands, Inc. (AYI) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.
What is Acuity Brands, Inc.'s free cash flow?
Acuity Brands, Inc. (AYI) generated $639.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.