Acuity (AYI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Acuity

NYSE•Industrials•Electrical Equipment & Parts

$315.66-3.06(-0.01%)Market open

Market Cap

$9.87B

P/E

18.6x

P/S

2.1x

P/B

3.3x

Acuity Inc. provides lighting, lighting controls, building management system, and an audio, video, and control platform in the United States and internationally. It operates in two segments, Acuity Brands Lighting (ABL); and the Acuity Intelligent Spaces (AIS). The ABL segment provides lighting solutions and luminaires with advanced electronics under the Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Fresco, Gotham, Healthcare Lighting, Holophane, Hydrel, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, Nightingale, nLight, Peerless, RELOC Wiring Solutions, and SensorSwitch brand names. This segment serves electrical distributors, consumer retailers, large corporate accounts, and original equipment manufacturer customers. The AIS segment offers Distech Controls intelligent Building Management Systems (BMS), such as products for controlling heating, ventilation, air conditioning, lighting, shades, refrigeration, and building access that prioritize end-user outcomes; Q-SYS, a full-stack audio, video, and control platform, and QSC Audio, an audio technology for live entertainers and sound reinforcement professionals. This segment serves retail stores, airports, universities, enterprise campuses, sports venues, themed entertainment, and hospitality sectors through system integrators. It offers its products and solutions under the Atrius, Distech Controls, QSC, and KE2 Therm Solutions brands. Acuity Inc. was formerly known as Acuity Brands, Inc. and changed its name to Acuity Inc. in March 2025. Acuity Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.

How this company scores

ExcellentMetricSide Score: 92/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (21/25).

Profitability25/25

Growth21/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 18.6x5y range 18.6x – 32.2x

Currently below its 20-quarter median.

P/S · 2.1x5y range 1.9x – 3.0x

Currently near its 20-quarter median.

P/B · 3.3x5y range 3.1x – 5.5x

Price & Volume

Market Cap $9.87B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.64B
Q. Revenue: $1.24B
TTM EBITDA: $870.10M
TTM Op. Income: $713.70M
Q. Op. Income: $227.00M
TTM Net Income: $531.30M
Q. Net Income: $173.00M
EPS: $5.78
Shares Out.: $29.93M

$4.64B in TTM revenue grew 6.8% YoY, reaching $1.24B last quarter. TTM EBITDA of $870.10M and TTM operating income of $713.70M show growth is flowing through to the bottom line. TTM net income of $531.30M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 53.8%
EBITDA Margin: 21.3%
Op. Margin: 18.2%
Net Margin: 13.9%

Op. margin of 18.2% is up 3.3% YoY — cost efficiency is improving. Net margin at 13.9% and gross margin of 53.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 18.6x
P/S Ratio: 2.1x
P/B Ratio: 3.3x

At 18.6x P/E, the stock trades within typical market levels. P/S of 2.1x and P/B of 3.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.87B
Cash: $636.30M
Long-Term Debt: $497.40M
Book Value: $2.97B
D/E Ratio: 0.2
Debt/EBITDA: 1.9

With $4.87B in assets and $497.40M in long-term debt, D/E is 0.2and book value is $2.97B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 6 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $305.40M
TTM Free Cash Flow: $747.90M
FCF Margin: 16.1%
FCF / Net Income: 1.4

TTM FCF of $747.90M on $305.40M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 6 consecutive quarters — an improving trend.