This page shows ACUITY INC, (AYI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
ACUITY INC, has an operating margin of 13.0%, meaning the company retains $13 of operating profit per $100 of revenue. This strong profitability earns a score of 65/100, reflecting efficient cost management and pricing power. This is down from 14.4% the prior year.
ACUITY INC,'s revenue grew 13.1% year-over-year to $4.3B, a solid pace of expansion. This earns a growth score of 66/100.
ACUITY INC, carries a low D/E ratio of 0.33, meaning only $0.33 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.
ACUITY INC,'s current ratio of 1.95 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.
ACUITY INC, has a free cash flow margin of 12.3%, earning a moderate score of 61/100. The company generates positive cash flow after capital investments, but with room for improvement.
ACUITY INC,'s ROE of 14.5% shows moderate profitability relative to equity, earning a score of 58/100. This is down from 17.8% the prior year.
ACUITY INC, scores 5.59, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($9.5B) relative to total liabilities ($2.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
ACUITY INC, passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, ACUITY INC, generates $1.52 in operating cash flow ($601.4M OCF vs $396.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
ACUITY INC, earns $13.3 in operating income for every $1 of interest expense ($563.9M vs $42.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
ACUITY INC, generated $4.3B in revenue in fiscal year 2025. This represents an increase of 13.1% from the prior year.
ACUITY INC,'s EBITDA was $697.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.2% from the prior year.
ACUITY INC, generated $533.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 4.0% from the prior year.
ACUITY INC, reported $396.6M in net income in fiscal year 2025. This represents a decrease of 6.2% from the prior year.
ACUITY INC, earned $12.53 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 6.8% from the prior year.
ACUITY INC, held $422.5M in cash against $896.8M in long-term debt as of fiscal year 2025.
ACUITY INC, paid $0.66 per share in dividends in fiscal year 2025. This represents an increase of 13.8% from the prior year.
ACUITY INC, had 31M shares outstanding in fiscal year 2025. This represents a decrease of 0.8% from the prior year.
ACUITY INC,'s gross margin was 47.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the prior year.
ACUITY INC,'s operating margin was 13.0% in fiscal year 2025, reflecting core business profitability. This is down 1.4 percentage points from the prior year.
ACUITY INC,'s net profit margin was 9.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.9 percentage points from the prior year.
ACUITY INC,'s ROE was 14.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.2 percentage points from the prior year.
ACUITY INC, invested $140.2M in research and development in fiscal year 2025. This represents an increase of 37.0% from the prior year.
ACUITY INC, spent $118.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 33.6% from the prior year.
ACUITY INC, invested $68.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 6.9% from the prior year.
AYI Income Statement
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B-3.0% | $1.2B+17.1% | $1.0B+5.7% | $951.6M-1.7% | $968.1M+6.9% | $905.9M-3.1% | $934.7M-6.6% | $1.0B |
| Cost of Revenue | $589.9M-3.0% | $608.4M+13.0% | $538.3M+7.2% | $502.3M-2.6% | $515.9M+4.5% | $493.5M-2.5% | $506.3M-8.4% | $553.0M |
| Gross Profit | $553.8M-2.9% | $570.2M+21.8% | $468.0M+4.2% | $449.3M-0.6% | $452.2M+9.7% | $412.4M-3.7% | $428.4M-4.2% | $447.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $393.4M-1.8% | $400.7M+12.0% | $357.8M+13.2% | $316.0M+3.0% | $306.9M+4.3% | $294.3M-0.4% | $295.5M-2.8% | $304.0M |
| Operating Income | $160.4M+14.7% | $139.8M+26.9% | $110.2M-17.3% | $133.3M-8.3% | $145.3M+23.0% | $118.1M-11.1% | $132.9M-7.3% | $143.3M |
| Interest Expense | $10.5M-28.1% | $14.6M+24.8% | $11.7M+91.8% | $6.1M-3.2% | $6.3M-3.1% | $6.5M+1.6% | $6.4M+1.6% | $6.3M |
| Income Tax | $32.1M+18.9% | $27.0M+8.9% | $24.8M-11.7% | $28.1M-16.6% | $33.7M+18.7% | $28.4M-6.3% | $30.3M-10.1% | $33.7M |
| Net Income | $120.5M+22.5% | $98.4M+27.0% | $77.5M-27.4% | $106.7M-6.3% | $113.9M+27.7% | $89.2M-11.3% | $100.6M-4.2% | $105.0M |
| EPS (Diluted) | $3.82+22.4% | $3.12+27.3% | $2.45-26.9% | $3.35-7.5% | $3.62+27.5% | $2.84-11.5% | $3.21-2.1% | $3.28 |
AYI Balance Sheet
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.7B+0.1% | $4.6B+1.4% | $4.6B+18.6% | $3.9B+1.3% | $3.8B+8.2% | $3.5B+1.8% | $3.5B+1.6% | $3.4B |
| Current Assets | $1.6B-0.5% | $1.6B+1.9% | $1.6B-19.5% | $1.9B+3.5% | $1.9B+21.0% | $1.5B+4.9% | $1.5B+5.7% | $1.4B |
| Cash & Equivalents | $376.1M+1.2% | $371.8M-6.6% | $397.9M-57.5% | $935.6M+10.6% | $845.8M+46.1% | $578.9M+12.8% | $513.3M+29.0% | $397.9M |
| Inventory | $518.1M+6.6% | $486.0M+3.0% | $471.9M+20.7% | $391.1M+0.9% | $387.6M+3.1% | $375.8M+2.9% | $365.3M-0.9% | $368.5M |
| Accounts Receivable | $565.3M-7.1% | $608.6M+5.4% | $577.6M+8.0% | $534.7M-5.0% | $563.0M+13.8% | $494.9M-4.3% | $517.1M-6.9% | $555.3M |
| Goodwill | $1.5B-0.5% | $1.5B+3.4% | $1.5B+32.8% | $1.1B-0.6% | $1.1B+0.1% | $1.1B0.0% | $1.1B0.0% | $1.1B |
| Total Liabilities | $1.9B-9.9% | $2.1B0.0% | $2.1B+47.1% | $1.4B-2.4% | $1.4B+4.3% | $1.4B-1.7% | $1.4B+0.5% | $1.4B |
| Current Liabilities | $762.4M-4.6% | $799.5M-0.2% | $801.1M+23.1% | $650.6M-5.4% | $687.9M+15.1% | $597.9M-0.4% | $600.6M+0.9% | $595.4M |
| Long-Term Debt | $797.0M-20.0% | $996.7M0.0% | $996.5M+100.8% | $496.3M0.0% | $496.2M+0.1% | $495.9M0.0% | $495.7M0.0% | $495.6M |
| Total Equity | $2.8B+8.1% | $2.6B+2.5% | $2.5B+2.3% | $2.5B+3.6% | $2.4B+10.7% | $2.1B+4.1% | $2.1B+2.4% | $2.0B |
| Retained Earnings | $4.4B+5.4% | $4.2B+2.3% | $4.1B+1.8% | $4.0B+2.6% | $3.9B+6.1% | $3.7B+2.3% | $3.6B+2.8% | $3.5B |
AYI Cash Flow Statement
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $140.8M-32.1% | $207.3M+249.0% | $59.4M-55.1% | $132.2M-24.1% | $174.1M+69.7% | $102.6M-46.0% | $190.0M+78.2% | $106.6M |
| Capital Expenditures | $26.0M+73.3% | $15.0M+54.6% | $9.7M-48.7% | $18.9M-17.8% | $23.0M+59.7% | $14.4M-1.4% | $14.6M-21.9% | $18.7M |
| Free Cash Flow | $114.8M-40.3% | $192.3M+286.9% | $49.7M-56.1% | $113.3M-25.0% | $151.1M+71.3% | $88.2M-49.7% | $175.4M+99.5% | $87.9M |
| Investing Cash Flow | -$26.3M+55.3% | -$58.9M+95.0% | -$1.2B-6269.6% | -$18.4M+10.2% | -$20.5M-12.6% | -$18.2M-25.5% | -$14.5M-1.4% | -$14.3M |
| Financing Cash Flow | -$160.7M+11.8% | -$182.1M-131.5% | $578.4M+3193.0% | -$18.7M-367.5% | -$4.0M+79.3% | -$19.3M+67.7% | -$59.7M-10.1% | -$54.2M |
| Dividends Paid | $5.3M0.0% | $5.3M-3.6% | $5.5M+22.2% | $4.5M-6.3% | $4.8M+2.1% | $4.7M+14.6% | $4.1M0.0% | $4.1M |
| Share Buybacks | $27.1M-60.6% | $68.7M+332.1% | $15.9M+137.3% | $6.7M | $0-100.0% | $19.6M-59.3% | $48.2M-4.4% | $50.4M |
AYI Financial Ratios
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.4%+0.0pp | 48.4%+1.9pp | 46.5%-0.7pp | 47.2%+0.5pp | 46.7%+1.2pp | 45.5%-0.3pp | 45.8%+1.1pp | 44.7% |
| Operating Margin | 14.0%+2.2pp | 11.9%+0.9pp | 10.9%-3.1pp | 14.0%-1.0pp | 15.0%+2.0pp | 13.0%-1.2pp | 14.2%-0.1pp | 14.3% |
| Net Margin | 10.5%+2.2pp | 8.3%+0.7pp | 7.7%-3.5pp | 11.2%-0.6pp | 11.8%+1.9pp | 9.8%-0.9pp | 10.8%+0.3pp | 10.5% |
| Return on Equity | 4.3%+0.5pp | 3.8%+0.7pp | 3.1%-1.3pp | 4.3%-0.7pp | 5.1%+0.9pp | 4.2%-0.7pp | 4.9%-0.5pp | 5.3% |
| Return on Assets | 2.6%+0.5pp | 2.1%+0.4pp | 1.7%-1.1pp | 2.8%-0.4pp | 3.1%+0.6pp | 2.5%-0.4pp | 2.9%-0.1pp | 3.0% |
| Current Ratio | 2.07+0.1 | 1.99+0.0 | 1.95-1.0 | 2.98+0.3 | 2.72+0.1 | 2.59+0.1 | 2.45+0.1 | 2.34 |
| Debt-to-Equity | 0.29-0.1 | 0.390.0 | 0.40+0.2 | 0.200.0 | 0.21-0.0 | 0.230.0 | 0.240.0 | 0.25 |
| FCF Margin | 10.0%-6.3pp | 16.3%+11.4pp | 4.9%-7.0pp | 11.9%-2.6pp | 14.5%+4.8pp | 9.7%-9.0pp | 18.8%+3.5pp | 15.3% |
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Frequently Asked Questions
What is ACUITY INC,'s annual revenue?
ACUITY INC, (AYI) reported $4.3B in total revenue for fiscal year 2025. This represents a 13.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ACUITY INC,'s revenue growing?
ACUITY INC, (AYI) revenue grew by 13.1% year-over-year, from $3.8B to $4.3B in fiscal year 2025.
Is ACUITY INC, profitable?
Yes, ACUITY INC, (AYI) reported a net income of $396.6M in fiscal year 2025, with a net profit margin of 9.1%.
What is ACUITY INC,'s earnings per share (EPS)?
ACUITY INC, (AYI) reported diluted earnings per share of $12.53 for fiscal year 2025. This represents a -6.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is ACUITY INC,'s EBITDA?
ACUITY INC, (AYI) had EBITDA of $697.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does ACUITY INC, have?
As of fiscal year 2025, ACUITY INC, (AYI) had $422.5M in cash and equivalents against $896.8M in long-term debt.
What is ACUITY INC,'s gross margin?
ACUITY INC, (AYI) had a gross margin of 47.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ACUITY INC,'s operating margin?
ACUITY INC, (AYI) had an operating margin of 13.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is ACUITY INC,'s net profit margin?
ACUITY INC, (AYI) had a net profit margin of 9.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does ACUITY INC, pay dividends?
Yes, ACUITY INC, (AYI) paid $0.66 per share in dividends during fiscal year 2025.
What is ACUITY INC,'s return on equity (ROE)?
ACUITY INC, (AYI) has a return on equity of 14.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ACUITY INC,'s free cash flow?
ACUITY INC, (AYI) generated $533.0M in free cash flow during fiscal year 2025. This represents a -4.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ACUITY INC,'s operating cash flow?
ACUITY INC, (AYI) generated $601.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are ACUITY INC,'s total assets?
ACUITY INC, (AYI) had $4.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are ACUITY INC,'s capital expenditures?
ACUITY INC, (AYI) invested $68.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does ACUITY INC, spend on research and development?
ACUITY INC, (AYI) invested $140.2M in research and development during fiscal year 2025.
Does ACUITY INC, buy back shares?
Yes, ACUITY INC, (AYI) spent $118.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does ACUITY INC, have outstanding?
ACUITY INC, (AYI) had 31M shares outstanding as of fiscal year 2025.
What is ACUITY INC,'s current ratio?
ACUITY INC, (AYI) had a current ratio of 1.95 as of fiscal year 2025, which is generally considered healthy.
What is ACUITY INC,'s debt-to-equity ratio?
ACUITY INC, (AYI) had a debt-to-equity ratio of 0.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is ACUITY INC,'s return on assets (ROA)?
ACUITY INC, (AYI) had a return on assets of 8.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ACUITY INC,'s Altman Z-Score?
ACUITY INC, (AYI) has an Altman Z-Score of 5.59, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is ACUITY INC,'s Piotroski F-Score?
ACUITY INC, (AYI) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ACUITY INC,'s earnings high quality?
ACUITY INC, (AYI) has an earnings quality ratio of 1.52x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can ACUITY INC, cover its interest payments?
ACUITY INC, (AYI) has an interest coverage ratio of 13.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is ACUITY INC,?
ACUITY INC, (AYI) scores 68 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.