AYI · NYSE · Industrials
Acuity Inc. (AYI) — Rank #89 by gross profitability (GP/assets 0.48) · ROE 17.9% · Piotroski F-Score 8 / 9.
As-of 2026-10-30 · CIK 0001144215 · all metrics point-in-time as of the filing date.
About
Acuity Inc. provides lighting, lighting controls, building management system, and an audio, video, and control platform in the United States and internationally.
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It operates through Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS) segments. 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, Holophane, Hydrel, IOTA, Juno, Lithonia Lighting, 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, and QSC 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.
- Industry
- Electrical Equipment & Parts
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- August 31
- Website
- acuityinc.com
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
13,900
Industry
Electrical Equipment & Parts
Exchange
NYSE
12/12
Flags passed
AYI passes 12/12 quality flags
- PASSGross margin holding
- PASSDilution within 2%
- PASSFCF not negative from investment
- PASSDisclosure consistent
- PASSRevenue not declining
- PASSOperating margin holding
- PASSFree cash flow intact
- PASSPasses safety gate
- PASSBalance sheet stable
- PASSNo competitive retreat
- PASSSBC not compressing margin
- PASSNo valuation convergence
Strengths Operating leverage expanding · Deferred revenue growing
A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passFCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Does it make money well?
No warning flags · GP/assets 89th percentile of 47 SIC 36 peers
Gross profitability (GP / assets)
0.48
Primary signal (Novy-Marx).
89th pctl of 47 SIC 36 peers
Return on equity
17.9%
Gross margin
50.6%
63rd pctl of 47 SIC 36 peers
Revenue growth (YoY)
6.8%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
5.5%
Revenue CAGR (5Y)
6.0%
Earnings CAGR (3Y)
15.4%
FCF CAGR (3Y)
13.5%
Cash Flow Health
Is the cash real?
No warning flags · FCF 41% above net income
Free cash flow
$747.90M
Operating cash flow minus capex.
Positive free cash flow
FCF vs net income
40.8%
(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.
FCF not below net income
Fails when free cash flow is below net income (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.1%
Stock-based comp intensity.
Balance Sheet Strength
Can it survive a storm?
No warning flags · net debt $61.10M, F-Score 8/9
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.64
55th pctl of 45 SIC 36 peers (best = lowest)
Current ratio
1.69×
17th pctl of 47 SIC 36 peers
Quick ratio
1.16×
Net cash
-$61.10M
Cash & equivalents minus total debt.
Piotroski F-Score
8 / 9
Fundamental-strength score (0-9).
Valuation
Is the price reasonable?
No warning flags
Dividend safety
Composite score
3.5 / 5
Capital allocation quality
Composite score
3.3 / 5
Lifecycle Phase History
Price History
Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports