(AYI) Acuity Brands - NYSE
Sector: Industrials | Industry: Electrical Equipment & Parts | Exchange: NYSE (USA) | Market Cap: 9.629m USD | Total Return: 6.6% in 12m
Avg Turnover: 110M
EPS Trend: 94.8%
Qual. Beats: 0
Rev. Trend: 74.3%
Qual. Beats: -1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Acuity Inc. (NYSE: AYI), headquartered in Atlanta, Georgia and incorporated in 2001, operates as a provider of lighting, lighting controls, building management systems, and audio/video/control platforms across the United States and international markets. The company runs two segments: Acuity Brands Lighting (ABL), which supplies luminaires and lighting solutions under numerous proprietary brands (including Lithonia Lighting, Juno, Gotham, Holophane, and nLight) to electrical distributors, consumer retailers, large corporate accounts, and OEMs; and Acuity Intelligent Spaces (AIS), which offers Distech Controls building management systems, the Q-SYS AV/control platform, and QSC audio technology to venues such as retail stores, airports, universities, sports facilities, and hospitality properties. The company was formerly known as Acuity Brands, Inc. and adopted its current name in March 2025.
Acuity sits within the Industrials sector under the Electrical Components & Equipment sub-industry, and its business model reflects a broader shift in the lighting industry from commodity fixtures toward integrated smart-building solutions, where lighting hardware is increasingly bundled with controls, sensors, and software platforms that target energy efficiency and connected building management.
- Commercial construction slowdown weighs on ABL segment sales
- AIS segment margins expand as QSC and Distech scale
- Share repurchases continue as core capital allocation priority
| Net Income: 429.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 2.32 > 1.0 |
| NWC/Revenue: 16.94% < 20% (prev 19.14%; Δ -2.20% < -1%) |
| CFO/TA 0.14 > 3% & CFO 639.7m > Net Income 429.7m |
| Net Debt (646.8m) to EBITDA (735.8m): 0.88 < 3 |
| Current Ratio: 2.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (31.4m) vs 12m ago -1.07% < -2% |
| Gross Margin: 48.73% > 18% (prev 46.94%; Δ 1.79% > 0.5%) |
| Asset Turnover: 100.4% > 50% (prev 86.39%; Δ 13.98% > 0%) |
| Interest Coverage Ratio: 13.69 > 6 (EBIT TTM 577.7m / Interest Expense TTM 42.2m) |
| A: 0.17 (Total Current Assets 1.51b - Total Current Liabilities 728.1m) / Total Assets 4.56b |
| B: 0.99 (Retained Earnings 4.49b / Total Assets 4.56b) |
| C: 0.13 (EBIT TTM 577.7m / Avg Total Assets 4.57b) |
| D: 1.65 (Book Value of Equity 2.84b / Total Liabilities 1.72b) |
| Altman-Z'' = 6.92 = AAA |
| DSRI: 0.87 (Receivables 579.0m/577.6m, Revenue 4.59b/3.96b) |
| GMI: 0.96 (GM 46.94% / 48.73%) |
| AQI: 1.00 (AQ_t 0.57 / AQ_t-1 0.57) |
| SGI: 1.16 (Revenue 4.59b / 3.96b) |
| TATA: -0.05 (NI 429.7m - CFO 639.7m) / TA 4.56b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of June 24, 2026, the stock is trading at USD 298.69 with a total of 574,899 shares traded. Over the past week, the price has changed by -1.27%, over one month by +0.37%, over three months by +7.04% and over the past year by +6.61%.
Current recommended Stop Loss: 274.40 (which is 8.1% or 2.3 ATR below the current price).
Acuity Brands has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy AYI.
- StrongBuy: 4
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 352.5 | 18% |
P/E Trailing = 23.303
P/E Forward = 14.43
P/S = 2.0991
P/B = 3.2618
P/EG = 1.2712
Revenue TTM = 4.59b USD
EBIT TTM = 577.7m USD
EBITDA TTM = 735.8m USD
Long Term Debt = 697.1m USD (from longTermDebt, last quarter)
Short Term Debt = 26.3m USD (from shortTermDebt, last quarter)
Debt = 919.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 111.1m
Net Debt = 646.8m USD (calculated: Debt 919.3m - CCE 272.5m)
Enterprise Value = 10.3b USD (9.63b + Debt 919.3m - CCE 272.5m)
Interest Coverage Ratio = 13.69 (Ebit TTM 577.7m / Interest Expense TTM 42.2m)
EV/FCF = 18.41x (Enterprise Value 10.3b / FCF TTM 558.1m)
FCF Yield = 5.43% (FCF TTM 558.1m / Enterprise Value 10.3b)
FCF Margin = 12.17% (FCF TTM 558.1m / Revenue TTM 4.59b)
Net Margin = 9.37% (Net Income TTM 429.7m / Revenue TTM 4.59b)
Gross Margin = 48.73% ((Revenue TTM 4.59b - Cost of Revenue TTM 2.35b) / Revenue TTM)
Gross Margin QoQ = 49.29% (prev 48.42%)
Tobins Q-Ratio = 2.25 (Enterprise Value 10.3b / Total Assets 4.56b)
Interest Expense / Debt = 4.59% (Interest Expense 42.2m / Debt 919.3m)
Taxrate = 20.22% (108.9m / 538.6m)
NOPAT = 460.9m (EBIT 577.7m * (1 - 20.22%))
Current Ratio = 2.07 (Total Current Assets 1.51b / Total Current Liabilities 728.1m)
Debt / Equity = 0.32 (Debt 919.3m / totalStockholderEquity, last quarter 2.84b)
Debt / EBITDA = 0.88 (Net Debt 646.8m / EBITDA 735.8m)
Debt / FCF = 1.16 (Net Debt 646.8m / FCF TTM 558.1m)
Total Stockholder Equity = 2.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.40% (Net Income 429.7m / Total Assets 4.56b)
RoE = 15.71% (Net Income TTM 429.7m / Total Stockholder Equity 2.74b)
RoCE = 16.83% (EBIT 577.7m / Capital Employed (Equity 2.74b + L.T.Debt 697.1m))
RoIC = 12.71% (NOPAT 460.9m / Invested Capital 3.63b)
WACC = 10.80% (E(9.63b)/V(10.5b) * Re(11.48%) + D(919.3m)/V(10.5b) * Rd(4.59%) * (1-Tc(0.20)))
Discount Rate = 11.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 20.0 | Cagr: -0.00%
[DCF] Terminal Value 70.47% ; FCFF base≈516.7m ; Y1≈592.3m ; Y5≈871.7m
[DCF] Fair Price = 280.5 (EV 9.15b - Net Debt 646.8m = Equity 8.50b / Shares 30.3m; r=10.80% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 94.76 | EPS CAGR: 11.58% | SUE: 0.60 | # QB: 0
Revenue Correlation: 74.27 | Revenue CAGR: 5.59% | SUE: -1.34 | # QB: -1
EPS current Year (2026-08-31): EPS=19.52 | Chg30d=+0.00% | Revisions=-67% | GrowthEPS=+8.4% | GrowthRev=+6.5%
EPS next Year (2027-08-31): EPS=21.28 | Chg30d=+0.00% | Revisions=-54% | GrowthEPS=+9.0% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: -67%