What is Acuity's operating income?

Acuity's total operating income in 2026 was $713.70 million, based on the following breakdown: Total Gross Profit: $2.35 billion Total Operating Expenses: $1.64 billion

Acuity (AYI) Financials

$330.50 +0.22 (+0.07%)

Closing price 03:59 PM Eastern

Extended Trading

$330.70 +0.21 (+0.06%)

As of 06:24 PM Eastern

Compare

Annual Income Statements for Acuity

This table shows Acuity's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2024	8/31/2025	8/31/2026
Net Income / (Loss) Attributable to Common Shareholders	291	322	350	330	248	306	384	346	420	407	534
Consolidated Net Income / (Loss)	291	322	350	330	248	306	384	346	423	397	531
Net Income / (Loss) Continuing Operations	291	322	350	330	248	306	384	346	423	397	531
Total Pre-Tax Income	445	493	426	425	325	396	494	447	549	500	681
Total Operating Income	475	528	461	463	354	428	510	473	553	564	714
Total Gross Profit	1,436	1,481	1,485	1,480	1,402	1,475	1,673	1,713	1,782	2,079	2,351
Total Revenue	3,291	3,505	3,680	3,673	3,326	3,461	4,006	3,952	3,841	4,346	4,642
Operating Revenue	3,291	3,505	3,680	3,673	3,326	3,461	4,006	3,952	3,841	4,346	4,642
Total Cost of Revenue	1,855	2,024	2,195	2,193	1,924	1,986	2,333	2,239	2,059	2,267	2,291
Operating Cost of Revenue	1,855	2,024	2,195	2,193	1,924	1,986	2,333	2,239	2,059	2,267	2,291
Total Operating Expenses	961	954	1,025	1,017	1,049	1,047	1,163	1,240	1,228	1,515	1,637
Selling, General & Admin Expense	946	942	1,019	1,015	1,029	1,044	1,163	1,213	1,228	1,485	1,613
Restructuring Charge	15	11	5.60	1.80	20	3.30	0.00	27	0.00	30	24
Total Other Income / (Expense), net	-31	-35	-35	-38	-29	-31	-16	-27	-9.40	-64	-33
Interest & Investment Income	-	-	-	-	-	-	-25	-19	4.50	-22	-26
Other Income / (Expense), net	1.60	-2.40	-1.40	-4.70	-5.90	-8.20	9.10	-7.80	-14	-42	-7.40
Income Tax Expense	154	171	76	95	76	90	110	101	126	104	149
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	-	-	-	-	-	-	4.60	-11	-2.40
Basic Earnings per Share	$6.67	$7.46	$8.54	$8.32	$6.29	$8.44	$11.23	$10.88	$13.68	$12.85	$17.49
Weighted Average Basic Shares Outstanding	43.50M	43.10M	40.90M	39.70M	39.45M	36.28M	34.18M	31.81M	30.89M	30.86M	30.38M
Diluted Earnings per Share	$6.63	$7.43	$8.52	$8.29	$6.27	$8.38	$11.08	$10.76	$13.44	$12.53	$17.05
Weighted Average Diluted Shares Outstanding	43.80M	43.30M	41M	39.80M	39.60M	36.55M	34.65M	32.16M	31.45M	31.64M	31.15M
Weighted Average Basic & Diluted Shares Outstanding	43.60M	43.10M	40.90M	39.70M	37.42M	34.92M	32.16M	30.95M	30.86M	30.61M	29.70M
Cash Dividends to Common per Share	$0.52	$0.52	$0.52	$0.52	$0.52	$0.52	$0.52	$0.52	$0.58	$0.66	$0.77

This table shows Acuity's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	2/29/2024	5/31/2024	8/31/2024	11/30/2024	2/28/2025	5/31/2025	8/31/2025	11/30/2025	2/28/2026	5/31/2026	8/31/2026
Net Income / (Loss) Attributable to Common Shareholders	91	114	116	89	66	126	114	115	117	130	171
Consolidated Net Income / (Loss)	89	114	119	107	78	98	114	121	97	141	173
Net Income / (Loss) Continuing Operations	89	114	119	107	78	98	114	121	97	141	173
Total Pre-Tax Income	118	148	153	135	102	125	138	153	123	185	220
Total Operating Income	118	145	157	133	110	140	181	160	133	193	227
Total Gross Profit	412	452	489	449	468	570	591	554	520	606	670
Total Revenue	906	968	1,032	952	1,006	1,179	1,209	1,144	1,056	1,198	1,244
Operating Revenue	906	968	1,032	952	1,006	1,179	1,209	1,144	1,056	1,198	1,244
Total Cost of Revenue	494	516	544	502	538	608	618	590	535	592	574
Operating Cost of Revenue	494	516	544	502	538	608	618	590	535	592	574
Total Operating Expenses	294	307	332	316	358	430	410	393	387	413	443
Selling, General & Admin Expense	294	307	332	316	358	401	410	393	382	413	425
Total Other Income / (Expense), net	-1.00	2.30	-9.20	1.50	-7.90	-14	-43	-7.80	-10	-8.10	-7.00
Interest & Investment Income	0.10	1.80	-	4.00	-6.90	-12	-7.00	-8.40	-7.00	-6.10	-4.10
Other Income / (Expense), net	-1.10	0.50	-13	-2.50	-1.00	-2.30	-36	0.60	-3.10	-2.00	-2.90
Income Tax Expense	28	34	34	28	25	27	24	32	26	44	47
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-2.80	-	-	17	12	-28	-	5.10	-20	11	1.70
Basic Earnings per Share	$2.89	$3.70	-	$3.45	$2.50	$3.19	$3.71	$3.92	$3.16	$4.66	$5.75
Weighted Average Basic Shares Outstanding	30.86M	30.83M	30.89M	30.93M	31.00M	30.85M	30.86M	30.71M	30.63M	30.27M	30.38M
Diluted Earnings per Share	$2.84	$3.62	-	$3.35	$2.45	$3.12	$3.61	$3.82	$3.09	$4.56	$5.58
Weighted Average Diluted Shares Outstanding	31.40M	31.48M	31.45M	31.80M	31.70M	31.57M	31.64M	31.56M	31.36M	30.95M	31.15M
Weighted Average Basic & Diluted Shares Outstanding	30.80M	30.77M	30.86M	30.96M	30.90M	30.64M	30.61M	30.66M	30.32M	29.94M	29.70M
Cash Dividends to Common per Share	$0.15	$0.15	$0.15	$0.15	$0.17	$0.17	$0.17	$0.17	$0.20	$0.20	$0.20

This table details how cash moves in and out of Acuity's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2024	8/31/2025	8/31/2026
Net Change in Cash & Equivalents	-344	-104	-179	332	100	-69	-268	175	448	-423	214
Net Cash From Operating Activities	388	337	352	495	505	409	316	578	619	601	826
Net Cash From Continuing Operating Activities	388	337	352	495	505	409	316	578	619	601	826
Net Income / (Loss) Continuing Operations	291	322	350	330	248	306	384	346	423	397	531
Consolidated Net Income / (Loss)	291	322	350	330	248	306	384	346	423	397	531
Depreciation Expense	63	75	80	88	101	100	95	93	91	133	156
Non-Cash Adjustments To Reconcile Net Income	32	25	28	30	47	38	37	63	50	93	89
Changes in Operating Assets and Liabilities, net	2.60	-85	-106	46	108	-36	-200	76	56	-21	49
Net Cash From Investing Activities	-705	-49	-204	-53	-360	-118	-62	-91	-65	-1,281	-79
Net Cash From Continuing Investing Activities	-705	-49	-204	-53	-360	-118	-62	-91	-65	-1,281	-79
Purchase of Property, Plant & Equipment	-84	-67	-44	-53	-55	-44	-57	-67	-64	-68	-78
Acquisitions	-623	0.00	-163	-2.90	-303	-75	-13	-36	0.00	-1,189	0.00
Other Investing Activities, net	0.00	-0.20	1.70	2.90	-2.10	-3.50	-1.70	12	-1.10	-23	-1.50
Net Cash From Financing Activities	-23	-392	-327	-108	-50	-363	-512	-313	-105	255	-537
Net Cash From Continuing Financing Activities	-23	-392	-327	-108	-50	-363	-512	-313	-105	255	-537
Repayment of Debt	0.00	0.00	-396	-87	-356	-401	-1.40	-18	0.00	-209	-404
Repurchase of Common Equity	0.00	-358	-298	-82	-69	-435	-515	-267	-89	-119	-287
Payment of Dividends	-23	-23	-21	-21	-21	-19	-18	-17	-18	-21	-24
Issuance of Debt	2.50	1.00	395	87	400	494	18	0.00	0.00	600	200
Issuance of Common Equity	14	3.00	1.70	0.60	0.90	3.20	13	2.70	14	28	7.50
Other Financing Activities, net	-17	-15	-8.20	-6.00	-5.40	-4.50	-8.60	-14	-11	-25	-29
Effect of Exchange Rate Changes	-4.00	-	-	-1.60	5.00	2.40	-9.80	0.20	-1.70	0.60	3.90
Cash Interest Paid	33	34	37	36	30	22	26	28	24	41	35
Cash Income Taxes Paid	121	174	127	93	65	86	109	147	156	152	108

This table details how cash moves in and out of Acuity's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	2/29/2024	5/31/2024	8/31/2024	11/30/2024	2/28/2025	5/31/2025	8/31/2025	11/30/2025	2/28/2026	5/31/2026	8/31/2026
Net Change in Cash & Equivalents	66	120	147	90	-538	-26	51	-46	-104	139	224
Net Cash From Operating Activities	103	153	174	132	59	207	203	141	89	290	305
Net Cash From Continuing Operating Activities	103	153	174	132	59	207	203	141	89	290	305
Net Income / (Loss) Continuing Operations	89	114	119	107	78	98	114	121	97	141	173
Consolidated Net Income / (Loss)	89	114	119	107	78	98	114	121	97	141	173
Depreciation Expense	23	23	23	22	31	35	46	38	39	41	39
Non-Cash Adjustments To Reconcile Net Income	12	12	14	12	11	27	42	13	13	14	50
Changes in Operating Assets and Liabilities, net	-22	3.90	18	-8.20	-60	47	0.10	-31	-60	95	44
Net Cash From Investing Activities	-18	-12	-21	-18	-1,172	-59	-31	-26	-16	-16	-21
Net Cash From Continuing Investing Activities	-18	-12	-21	-18	-1,172	-59	-31	-26	-16	-16	-21
Purchase of Property, Plant & Equipment	-14	-12	-23	-19	-9.70	-15	-25	-26	-16	-17	-19
Other Investing Activities, net	-3.80	0.10	2.50	0.50	2.70	-20	-6.60	-0.30	-0.50	1.10	-1.80
Net Cash From Financing Activities	-19	-22	-4.00	-19	578	-182	-122	-161	-181	-135	-60
Net Cash From Continuing Financing Activities	-19	-22	-4.00	-19	578	-182	-122	-161	-181	-135	-60
Repurchase of Common Equity	-20	-21	-	-6.70	-16	-69	-27	-27	-76	-127	-57
Payment of Dividends	-4.70	-4.60	-4.80	-4.50	-5.50	-5.30	-5.30	-5.30	-6.30	-6.10	-6.10
Issuance of Common Equity	5.40	5.00	1.50	16	1.40	0.50	11	1.40	0.90	0.60	4.60
Other Financing Activities, net	-0.40	-1.00	-0.70	-23	-0.50	-0.40	-0.60	-28	-0.50	-0.30	-1.00
Effect of Exchange Rate Changes	0.50	1.00	-	-5.30	-3.50	7.60	1.80	-0.20	4.90	-0.60	-0.20
Cash Interest Paid	5.60	0.30	5.70	12	8.80	7.10	13	17	9.40	1.40	7.80
Cash Income Taxes Paid	69	44	36	9.60	78	31	34	6.40	25	13	63

This table presents Acuity's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2024	8/31/2025	8/31/2026
Total Assets	2,948	2,900	2,989	3,172	3,492	3,575	3,480	3,409	3,815	4,755	4,874
Total Current Assets	1,323	1,246	1,211	1,442	1,440	1,544	1,466	1,395	1,872	1,652	1,859
Cash & Equivalents	413	311	129	461	561	491	223	398	846	423	636
Accounts Receivable	573	573	638	561	500	572	666	555	563	594	632
Inventories, net	295	329	412	341	320	399	486	369	388	527	450
Prepaid Expenses	42	33	32	79	59	83	91	74	75	108	140
Plant, Property, & Equipment, net	268	288	287	277	271	269	277	298	304	343	357
Total Noncurrent Assets	1,357	1,366	1,491	1,453	1,782	1,762	1,738	1,716	1,639	2,761	2,658
Goodwill	948	901	971	967	1,080	1,095	1,084	1,098	1,099	1,496	1,494
Intangible Assets	381	449	499	466	606	573	529	481	441	1,099	1,002
Noncurrent Deferred & Refundable Income Taxes	5.10	3.40	2.90	2.30	2.70	1.90	1.30	3.00	2.30	23	13
Other Noncurrent Operating Assets	23	13	19	18	93	92	123	134	98	143	150
Total Liabilities & Shareholders' Equity	2,948	2,900	2,989	3,172	3,492	3,575	3,480	3,409	3,815	4,755	4,874
Total Liabilities	1,288	1,234	1,272	1,254	1,364	1,531	1,568	1,393	1,436	2,030	1,899
Total Current Liabilities	673	601	683	596	618	692	734	595	688	846	1,097
Short-Term Debt	0.20	0.40	0.40	9.10	24	0.00	18	-	-	0.00	200
Accounts Payable	401	395	451	339	327	392	398	286	352	455	444
Accrued Expenses	176	164	164	175	161	190	214	-	206	258	276
Current Employee Benefit Liabilities	95	42	67	73	89	95	88	103	110	110	148
Other Current Liabilities	-	-	-	0.00	17	16	16	206	19	23	28
Total Noncurrent Liabilities	616	633	589	657	747	838	835	798	748	1,185	802
Long-Term Debt	355	357	356	348	377	494	495	496	496	897	497
Noncurrent Deferred & Payable Income Tax Liabilities	75	108	93	93	95	101	102	59	26	25	47
Noncurrent Employee Benefit Liabilities	120	97	65	100	92	60	41	38	38	39	40
Other Noncurrent Operating Liabilities	59	64	68	111	183	183	196	205	188	224	217
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,660	1,666	1,717	1,919	2,128	2,045	1,912	2,015	2,379	2,725	2,974
Total Preferred & Common Equity	1,660	1,666	1,717	1,919	2,128	2,045	1,912	2,015	2,379	2,725	2,974
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,660	1,666	1,717	1,919	2,128	2,045	1,912	2,015	2,379	2,725	2,974
Common Stock	857	882	907	931	964	996	1,037	1,067	1,116	1,165	1,193
Retained Earnings	1,361	1,660	1,999	2,296	2,523	2,810	3,176	3,505	3,910	4,286	4,793
Treasury Stock	-419	-776	-1,074	-1,156	-1,227	-1,664	-2,175	-2,445	-2,533	-2,650	-2,939
Accumulated Other Comprehensive Income / (Loss)	-139	-100	-115	-151	-133	-98	-126	-113	-115	-77	-73

This table presents Acuity's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	2/28/2023	5/31/2023	11/30/2023	2/29/2024	5/31/2024	11/30/2024	2/28/2025	5/31/2025	11/30/2025	2/28/2026	5/31/2026
Total Assets	3,384	3,439	3,464	3,526	3,643	3,864	4,582	4,646	4,652	4,559	4,635
Total Current Assets	1,394	1,408	1,474	1,547	1,674	1,937	1,559	1,589	1,582	1,505	1,619
Cash & Equivalents	339	359	513	579	699	936	398	372	376	273	412
Accounts Receivable	523	545	517	495	512	535	578	609	565	579	611
Inventories, net	436	401	365	376	372	391	472	486	518	515	458
Prepaid Expenses	95	104	78	97	90	76	111	123	122	139	137
Plant, Property, & Equipment, net	286	290	294	296	298	300	323	324	345	350	346
Total Noncurrent Assets	1,704	1,740	1,696	1,683	1,671	1,627	2,700	2,734	2,726	2,703	2,671
Goodwill	1,080	1,097	1,098	1,097	1,097	1,092	1,450	1,493	1,493	1,497	1,495
Intangible Assets	496	505	471	463	453	440	1,125	1,108	1,075	1,056	1,029
Noncurrent Deferred & Refundable Income Taxes	1.20	1.30	0.70	0.80	0.80	2.40	2.30	21	12	3.20	4.80
Other Noncurrent Operating Assets	127	137	127	122	121	93	123	112	146	146	143
Total Liabilities & Shareholders' Equity	3,384	3,439	3,464	3,526	3,643	3,864	4,582	4,646	4,652	4,559	4,635
Total Liabilities	1,436	1,469	1,400	1,376	1,388	1,401	2,061	2,062	1,858	1,718	1,784
Total Current Liabilities	596	624	601	598	605	651	801	800	762	728	788
Accounts Payable	325	344	312	322	323	332	353	409	396	355	364
Accrued Expenses	176	178	198	172	175	228	234	257	255	241	271
Current Employee Benefit Liabilities	78	83	72	84	88	73	91	110	86	106	126
Other Current Liabilities	17	19	19	20	19	19	24	23	25	26	27
Total Noncurrent Liabilities	840	845	799	778	783	750	1,260	1,263	1,096	990	996
Long-Term Debt	495	495	496	496	496	496	997	997	797	697	697
Noncurrent Deferred & Payable Income Tax Liabilities	101	103	57	42	42	26	8.60	14	25	27	40
Noncurrent Employee Benefit Liabilities	42	42	38	39	39	38	38	38	40	40	40
Other Noncurrent Operating Liabilities	202	204	209	201	206	191	218	214	235	225	218
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,948	1,970	2,064	2,150	2,255	2,463	2,520	2,584	2,794	2,841	2,852
Total Preferred & Common Equity	1,948	1,970	2,064	2,150	2,255	2,463	2,520	2,584	2,794	2,841	2,852
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,948	1,970	2,064	2,150	2,255	2,463	2,520	2,584	2,794	2,841	2,852
Common Stock	1,048	1,057	1,071	1,088	1,104	1,121	1,133	1,144	1,152	1,165	1,179
Retained Earnings	3,326	3,427	3,602	3,686	3,796	4,012	4,084	4,177	4,401	4,492	4,626
Treasury Stock	-2,300	-2,394	-2,495	-2,512	-2,533	-2,538	-2,554	-2,623	-2,677	-2,755	-2,882
Accumulated Other Comprehensive Income / (Loss)	-126	-120	-114	-113	-112	-132	-143	-115	-81	-61	-72

This table displays calculated financial ratios and metrics derived from Acuity's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
Period end date	8/31/2016	8/31/2017	8/31/2018	8/31/2019	8/31/2020	8/31/2021	8/31/2022	8/31/2023	8/31/2024	8/31/2025	8/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	29,935,547.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	29,935,547.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	17.83
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	21.60%	6.50%	4.99%	-0.20%	-9.43%	4.05%	15.75%	-1.35%	-2.81%	13.14%	6.82%
EBITDA Growth	28.15%	11.18%	-10.01%	1.26%	-17.82%	15.68%	18.11%	-8.93%	12.83%	3.93%	31.65%
EBIT Growth	27.11%	10.13%	-12.51%	-0.26%	-24.05%	20.52%	23.70%	-10.25%	15.85%	-3.19%	35.25%
NOPAT Growth	27.78%	10.84%	9.80%	-4.84%	-24.81%	22.15%	19.88%	-7.47%	16.24%	4.90%	24.59%
Net Income Growth	30.93%	10.63%	8.67%	-5.49%	-24.85%	23.36%	25.37%	-9.90%	22.14%	-6.15%	33.96%
EPS Growth	30.26%	12.07%	14.67%	-2.70%	-24.37%	33.65%	32.22%	-2.89%	24.91%	-6.77%	36.07%
Operating Cash Flow Growth	34.27%	-13.23%	4.43%	40.74%	2.04%	-19.04%	-22.61%	82.77%	7.11%	-2.87%	37.28%
Free Cash Flow Firm Growth	-233.87%	170.04%	-38.21%	237.55%	-76.07%	114.09%	-3.50%	87.95%	12.07%	-241.71%	199.72%
Invested Capital Growth	67.62%	6.84%	13.62%	-6.69%	8.45%	4.04%	7.53%	-4.02%	-3.97%	57.66%	-5.12%
Revenue Q/Q Growth	5.31%	0.93%	2.90%	-3.24%	-1.39%	3.02%	3.02%	-2.47%	0.57%	4.24%	0.77%
EBITDA Q/Q Growth	7.39%	3.41%	-0.13%	-3.03%	-4.97%	5.89%	3.86%	-7.94%	6.07%	3.75%	9.05%
EBIT Q/Q Growth	7.95%	3.00%	-0.95%	-3.76%	-7.13%	7.59%	4.96%	-9.28%	7.22%	-0.02%	12.67%
NOPAT Q/Q Growth	5.17%	4.49%	2.68%	-2.58%	-8.14%	7.76%	3.20%	-7.48%	9.25%	6.14%	5.77%
Net Income Q/Q Growth	8.51%	2.42%	5.33%	-3.53%	-8.27%	8.66%	4.72%	-8.59%	9.31%	-1.22%	12.49%
EPS Q/Q Growth	8.33%	3.63%	6.90%	-3.15%	-8.06%	10.99%	6.95%	0.00%	0.00%	-1.26%	13.06%
Operating Cash Flow Q/Q Growth	3.55%	-1.58%	-19.80%	35.98%	-10.02%	-7.68%	22.50%	-7.07%	12.23%	4.96%	14.24%
Free Cash Flow Firm Q/Q Growth	-13.90%	0.90%	-29.71%	50.38%	-47.60%	-26.55%	118.98%	-10.33%	14.80%	1.78%	20.41%
Invested Capital Q/Q Growth	-0.22%	0.54%	4.31%	-4.89%	-0.55%	5.33%	-0.70%	0.34%	-1.10%	-0.30%	-3.24%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	43.64%	42.26%	40.36%	40.29%	42.16%	42.62%	41.75%	43.35%	46.39%	47.83%	50.64%
EBITDA Margin	16.39%	17.11%	14.67%	14.88%	13.50%	15.01%	15.32%	14.14%	16.42%	15.08%	18.59%
Operating Margin	14.44%	15.05%	12.52%	12.60%	10.64%	12.35%	12.72%	11.98%	14.41%	12.98%	15.38%
EBIT Margin	14.49%	14.98%	12.48%	12.48%	10.46%	12.12%	12.95%	11.78%	14.04%	12.02%	15.22%
Profit (Net Income) Margin	8.84%	9.18%	9.50%	9.00%	7.46%	8.85%	9.59%	8.75%	11.00%	9.13%	11.45%
Tax Burden Percent	65.41%	65.31%	82.09%	77.76%	76.47%	77.31%	77.75%	77.46%	77.03%	79.29%	78.05%
Interest Burden Percent	93.25%	93.81%	92.71%	92.73%	93.30%	94.47%	95.20%	95.94%	101.71%	95.79%	96.38%
Effective Tax Rate	34.59%	34.69%	17.92%	22.24%	23.53%	22.69%	22.25%	22.54%	22.97%	20.71%	21.95%
Return on Invested Capital (ROIC)	24.31%	20.80%	20.69%	19.15%	14.31%	16.47%	18.65%	17.00%	20.58%	17.10%	17.87%
ROIC Less NNEP Spread (ROIC-NNEP)	32.96%	394.43%	-0.26%	-28.78%	31.23%	47.47%	10.26%	6.32%	23.45%	-63.90%	8.25%
Return on Net Nonoperating Assets (RNNOA)	-5.05%	-1.45%	-0.02%	-0.98%	-2.04%	-1.78%	0.76%	0.62%	-1.34%	-1.56%	0.77%
Return on Equity (ROE)	19.26%	19.35%	20.67%	18.18%	12.27%	14.68%	19.41%	17.62%	19.23%	15.54%	18.64%
Cash Return on Invested Capital (CROIC)	-26.23%	14.18%	7.94%	26.07%	6.20%	12.50%	11.40%	21.10%	24.63%	-27.65%	23.12%
Operating Return on Assets (OROA)	17.81%	17.96%	15.60%	14.87%	10.44%	11.87%	14.71%	13.52%	14.94%	12.19%	14.67%
Return on Assets (ROA)	10.86%	11.00%	11.87%	10.73%	7.45%	8.67%	10.89%	10.05%	11.70%	9.26%	11.04%
Return on Common Equity (ROCE)	19.26%	19.35%	20.67%	18.18%	12.27%	14.68%	19.41%	17.62%	19.23%	15.54%	18.64%
Return on Equity Simple (ROE_SIMPLE)	17.52%	19.31%	20.36%	17.22%	11.67%	14.98%	20.09%	17.17%	17.77%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	311	344	378	360	271	331	396	367	426	447	557
NOPAT Margin	9.44%	9.83%	10.28%	9.80%	8.14%	9.55%	9.89%	9.28%	11.10%	10.29%	12.00%
Net Nonoperating Expense Percent (NNEP)	-8.66%	-373.64%	20.95%	47.93%	-16.92%	-31.00%	8.39%	10.67%	-2.87%	81.01%	9.62%
Return On Investment Capital (ROIC_SIMPLE)	15.43%	17.03%	18.24%	15.82%	10.70%	13.02%	16.34%	14.60%	14.83%	12.35%	15.17%
Cost of Revenue to Revenue	56.36%	57.74%	59.64%	59.71%	57.84%	57.38%	58.25%	56.65%	53.61%	52.17%	49.36%
SG&A Expenses to Revenue	28.74%	26.88%	27.69%	27.64%	30.92%	30.17%	29.03%	30.69%	31.98%	34.17%	34.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	29.20%	27.21%	27.84%	27.69%	31.52%	30.26%	29.03%	31.37%	31.98%	34.85%	35.27%
Earnings before Interest and Taxes (EBIT)	477	525	459	458	348	419	519	466	539	522	706
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	539	600	540	547	449	520	614	559	631	655	863
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.07	4.35	3.50	2.56	2.01	3.19	2.79	2.49	3.29	3.67	3.34
Price to Tangible Book Value (P/TBV)	35.50	22.95	24.26	10.12	9.68	17.33	17.86	11.49	9.32	76.69	20.71
Price to Revenue (P/Rev)	3.57	2.07	1.63	1.34	1.29	1.89	1.33	1.27	2.04	2.30	2.14
Price to Earnings (P/E)	40.35	22.54	17.18	14.87	17.21	21.31	13.87	14.49	18.63	25.21	18.60
Dividend Yield	0.19%	0.30%	0.35%	0.42%	0.48%	0.28%	0.32%	0.32%	0.23%	0.20%	0.23%
Earnings Yield	2.48%	4.44%	5.82%	6.73%	5.81%	4.69%	7.21%	6.90%	5.37%	3.97%	5.38%
Enterprise Value to Invested Capital (EV/IC)	7.29	4.26	3.21	2.65	2.09	3.19	2.55	2.42	3.69	3.27	3.29
Enterprise Value to Revenue (EV/Rev)	3.55	2.08	1.69	1.31	1.24	1.89	1.40	1.29	1.95	2.41	2.15
Enterprise Value to EBITDA (EV/EBITDA)	21.65	12.17	11.55	8.80	9.16	12.57	9.15	9.15	11.86	15.98	11.58
Enterprise Value to EBIT (EV/EBIT)	24.49	13.90	13.57	10.49	11.82	15.57	10.83	10.98	13.86	20.06	14.14
Enterprise Value to NOPAT (EV/NOPAT)	37.57	21.18	16.48	13.36	15.20	19.76	14.18	13.94	17.55	23.43	17.93
Enterprise Value to Operating Cash Flow (EV/OCF)	30.10	21.68	17.73	9.72	8.15	15.98	17.76	8.84	12.08	17.42	12.10
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	31.06	42.94	9.81	35.10	26.02	23.19	11.23	14.66	0.00	13.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.21	0.21	0.19	0.19	0.24	0.27	0.25	0.21	0.33	0.23
Long-Term Debt to Equity	0.21	0.21	0.21	0.18	0.18	0.24	0.26	0.25	0.21	0.33	0.17
Financial Leverage	-0.15	0.00	0.08	0.03	-0.07	-0.04	0.07	0.10	-0.06	0.02	0.09
Leverage Ratio	1.77	1.76	1.74	1.69	1.65	1.69	1.78	1.75	1.64	1.68	1.69
Compound Leverage Factor	1.65	1.65	1.61	1.57	1.54	1.60	1.70	1.68	1.67	1.61	1.63
Debt to Total Capital	17.63%	17.65%	17.21%	15.67%	15.86%	19.47%	21.16%	19.74%	17.26%	24.76%	18.99%
Short-Term Debt to Total Capital	0.01%	0.02%	0.02%	0.40%	0.96%	0.00%	0.74%	0.00%	0.00%	0.00%	5.45%
Long-Term Debt to Total Capital	17.62%	17.63%	17.19%	15.27%	14.90%	19.47%	20.41%	19.74%	17.26%	24.76%	13.55%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	82.37%	82.35%	82.79%	84.33%	84.14%	80.53%	78.84%	80.26%	82.74%	75.24%	81.01%
Debt to EBITDA	0.66	0.60	0.66	0.65	0.89	0.95	0.84	0.89	0.79	1.37	0.81
Net Debt to EBITDA	-0.11	0.08	0.42	-0.19	-0.36	0.01	0.47	0.17	-0.55	0.72	0.07
Long-Term Debt to EBITDA	0.66	0.59	0.66	0.64	0.84	0.95	0.81	0.89	0.79	1.37	0.58
Debt to NOPAT	1.14	1.04	0.94	0.99	1.48	1.50	1.29	1.35	1.16	2.01	1.25
Net Debt to NOPAT	-0.19	0.13	0.60	-0.29	-0.59	0.01	0.73	0.27	-0.82	1.06	0.11
Long-Term Debt to NOPAT	1.14	1.03	0.94	0.97	1.39	1.50	1.25	1.35	1.16	2.01	0.89
Altman Z-Score	8.03	6.40	5.72	5.32	4.46	5.30	5.21	5.49	6.55	5.70	6.13
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.97	2.07	1.77	2.42	2.33	2.23	2.00	2.34	2.72	1.95	1.70
Quick Ratio	1.47	1.47	1.12	1.71	1.72	1.54	1.21	1.60	2.05	1.20	1.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-335	235	145	490	117	251	242	455	510	-723	721
Operating Cash Flow to CapEx	475.95%	544.66%	806.19%	933.40%	922.85%	1,045.27%	664.50%	866.72%	967.50%	879.24%	1,062.55%
Free Cash Flow to Firm to Interest Expense	-10.42	7.23	4.33	14.71	5.03	10.82	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	12.05	10.36	10.49	14.86	21.67	17.62	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	9.52	8.46	9.19	13.26	19.32	15.93	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.23	1.20	1.25	1.19	1.00	0.98	1.14	1.15	1.06	1.01	0.96
Accounts Receivable Turnover	6.69	6.12	6.08	6.13	6.27	6.46	6.47	6.47	6.87	7.51	7.57
Inventory Turnover	7.14	6.49	5.93	5.83	5.82	5.53	5.28	5.24	5.45	4.96	4.69
Fixed Asset Turnover	14.88	12.62	12.81	13.02	12.14	12.83	14.69	13.77	12.77	13.43	13.26
Accounts Payable Turnover	5.21	5.08	5.19	5.55	5.78	5.53	5.91	6.55	6.46	5.62	5.10
Days Sales Outstanding (DSO)	54.59	59.67	60.06	59.57	58.23	56.53	56.38	56.39	53.13	48.59	48.20
Days Inventory Outstanding (DIO)	51.16	56.25	61.57	62.63	62.69	66.05	69.17	69.63	67.01	73.60	77.83
Days Payable Outstanding (DPO)	70.05	71.78	70.37	65.74	63.11	65.98	61.73	55.71	56.54	64.95	71.56
Cash Conversion Cycle (CCC)	35.69	44.14	51.27	56.47	57.81	56.61	63.82	70.30	63.60	57.24	54.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,602	1,711	1,945	1,815	1,968	2,048	2,202	2,113	2,029	3,199	3,035
Invested Capital Turnover	2.57	2.12	2.01	1.95	1.76	1.72	1.89	1.83	1.85	1.66	1.49
Increase / (Decrease) in Invested Capital	646	110	233	-130	153	80	154	-89	-84	1,170	-164
Enterprise Value (EV)	11,677	7,297	6,233	4,808	4,115	6,531	5,617	5,111	7,479	10,474	9,987
Market Capitalization	11,735	7,251	6,005	4,912	4,274	6,528	5,328	5,013	7,828	10,000	9,926
Book Value per Share	$37.82	$39.57	$42.73	$48.09	$53.67	$57.26	$58.44	$64.61	$77.32	$88.92	$99.36
Tangible Book Value per Share	$7.53	$7.50	$6.16	$12.17	$11.14	$10.55	$9.12	$13.99	$27.29	$4.26	$16.01
Total Capital	2,015	2,023	2,074	2,276	2,529	2,539	2,425	2,511	2,875	3,622	3,672
Total Debt	355	357	357	357	401	494	513	496	496	897	697
Total Long-Term Debt	355	357	356	348	377	494	495	496	496	897	497
Net Debt	-58	46	228	-104	-160	3.00	290	98	-350	474	61
Capital Expenditures (CapEx)	82	62	44	53	55	39	48	67	64	68	78
Debt-free, Cash-free Net Working Capital (DFCFNWC)	237	334	400	394	286	361	527	402	338	383	326
Debt-free Net Working Capital (DFNWC)	651	645	529	855	846	852	750	800	1,184	806	962
Net Working Capital (NWC)	650	645	528	846	822	852	732	800	1,184	806	762
Net Nonoperating Expense (NNE)	20	23	29	30	22	24	12	21	3.62	51	26
Net Nonoperating Obligations (NNO)	-58	46	228	-104	-160	3.00	290	98	-350	474	61
Total Depreciation and Amortization (D&A)	63	75	80	88	101	100	95	93	91	133	156
Debt-free, Cash-free Net Working Capital to Revenue	7.21%	9.53%	10.86%	10.72%	8.59%	10.42%	13.16%	10.17%	8.79%	8.82%	7.02%
Debt-free Net Working Capital to Revenue	19.77%	18.40%	14.37%	23.27%	25.45%	24.62%	18.73%	20.24%	30.81%	18.54%	20.73%
Net Working Capital to Revenue	19.76%	18.39%	14.36%	23.03%	24.72%	24.62%	18.28%	20.24%	30.81%	18.54%	16.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.67	$7.46	$8.54	$8.32	$6.29	$8.44	$11.23	$10.88	$13.68	$12.85	$17.49
Adjusted Weighted Average Basic Shares Outstanding	43.50M	43.10M	40.90M	39.70M	39.50M	36.30M	34.18M	31.81M	30.89M	30.86M	30.38M
Adjusted Diluted Earnings per Share	$6.63	$7.43	$8.52	$8.29	$6.27	$8.38	$11.08	$10.76	$13.44	$12.53	$17.05
Adjusted Weighted Average Diluted Shares Outstanding	43.80M	43.30M	41M	39.80M	39.60M	36.60M	34.65M	32.16M	31.45M	31.64M	31.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$8.32	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.08M	42.08M	40.18M	39.64M	37.42M	34.92M	32.16M	30.95M	30.86M	30.61M	29.70M
Normalized Net Operating Profit after Tax (NOPAT)	321	352	383	361	286	333	396	388	426	471	576
Normalized NOPAT Margin	9.74%	10.04%	10.40%	9.84%	8.60%	9.63%	9.89%	9.81%	11.10%	10.83%	12.40%
Pre Tax Income Margin	13.51%	14.05%	11.57%	11.57%	9.76%	11.45%	12.33%	11.30%	14.28%	11.51%	14.66%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.81	16.16	13.71	13.76	14.94	18.08	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	9.65	10.60	11.29	10.81	11.62	14.25	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	12.28	14.26	12.41	12.17	12.59	16.39	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	7.12	8.70	9.99	9.22	9.27	12.56	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	7.87%	7.06%	6.12%	6.30%	8.38%	6.24%	4.71%	4.86%	4.31%	5.19%	4.48%
Augmented Payout Ratio	7.87%	118.31%	91.48%	30.99%	36.29%	148.22%	138.78%	81.91%	25.30%	35.07%	58.54%

This table displays calculated financial ratios and metrics derived from Acuity's official financial filings.

Metric	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026
Period end date	2/29/2024	5/31/2024	8/31/2024	11/30/2024	2/28/2025	5/31/2025	8/31/2025	11/30/2025	2/28/2026	5/31/2026	8/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	30,662,621.00	30,315,168.00	29,935,547.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	30,662,621.00	30,315,168.00	29,935,547.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	3.82	4.28	5.72
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.00%	-3.22%	2.17%	1.81%	11.08%	21.74%	17.13%	20.19%	4.91%	1.65%	2.92%
EBITDA Growth	1.97%	2.55%	27.60%	-1.36%	-0.14%	2.02%	14.16%	30.77%	20.76%	34.81%	37.47%
EBIT Growth	1.56%	2.24%	33.61%	-0.76%	-6.67%	-5.69%	-0.07%	23.09%	18.96%	39.13%	54.87%
NOPAT Growth	5.74%	3.36%	41.74%	3.31%	-6.80%	-2.16%	22.15%	20.04%	25.48%	34.15%	19.39%
Net Income Growth	7.21%	8.48%	43.43%	6.06%	-13.12%	-13.61%	-4.12%	12.93%	24.90%	43.29%	51.75%
EPS Growth	0.00%	10.37%	0.00%	4.36%	-13.73%	-13.81%	-4.24%	14.03%	26.12%	46.15%	54.57%
Operating Cash Flow Growth	-14.36%	-7.63%	63.32%	-30.42%	-42.11%	35.93%	16.31%	6.51%	50.00%	40.04%	50.81%
Free Cash Flow Firm Growth	21.63%	-24.32%	17.98%	-24.82%	-942.47%	-729.79%	-594.64%	-931.93%	105.46%	120.92%	133.54%
Invested Capital Growth	-1.77%	-2.57%	-3.97%	-1.09%	55.76%	56.40%	57.66%	58.83%	1.44%	-2.24%	-5.12%
Revenue Q/Q Growth	-3.08%	6.87%	6.63%	-7.82%	5.75%	17.12%	2.59%	-5.41%	-7.69%	13.48%	3.87%
EBITDA Q/Q Growth	-9.45%	20.16%	-1.07%	-8.96%	-8.33%	23.19%	11.04%	4.29%	-15.35%	37.52%	13.23%
EBIT Q/Q Growth	-11.23%	24.09%	-1.03%	-9.67%	-16.51%	25.92%	5.24%	11.26%	-19.32%	47.27%	17.15%
NOPAT Q/Q Growth	-12.30%	25.17%	9.17%	-13.80%	-20.88%	31.40%	36.30%	-15.29%	-17.29%	40.49%	21.29%
Net Income Q/Q Growth	-11.33%	27.69%	4.39%	-10.26%	-27.37%	26.97%	15.85%	5.70%	-19.67%	45.66%	22.70%
EPS Q/Q Growth	-11.53%	0.00%	0.00%	-11.14%	-26.87%	27.35%	15.71%	5.82%	-19.11%	47.57%	22.37%
Operating Cash Flow Q/Q Growth	-46.00%	48.64%	14.16%	-24.07%	-55.07%	248.99%	-2.32%	-30.47%	-36.72%	225.81%	5.20%
Free Cash Flow Firm Q/Q Growth	-25.43%	31.09%	24.04%	-38.00%	-935.66%	2.00%	2.58%	-4.28%	105.48%	275.57%	56.18%
Invested Capital Q/Q Growth	0.98%	-0.72%	-1.10%	-0.25%	59.03%	-0.31%	-0.30%	0.49%	1.57%	-3.94%	-3.24%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	45.52%	46.71%	47.34%	47.22%	46.51%	48.38%	48.88%	48.42%	49.29%	50.62%	53.85%
EBITDA Margin	15.44%	17.43%	16.17%	16.02%	13.88%	14.60%	15.81%	17.43%	15.98%	19.37%	21.11%
Operating Margin	13.04%	15.01%	15.21%	14.01%	10.95%	11.86%	14.94%	14.02%	12.60%	16.14%	18.24%
EBIT Margin	12.92%	15.06%	13.98%	13.75%	10.85%	11.67%	11.97%	14.08%	12.30%	15.97%	18.01%
Profit (Net Income) Margin	9.85%	11.77%	11.52%	11.21%	7.70%	8.35%	9.43%	10.54%	9.17%	11.77%	13.90%
Tax Burden Percent	75.85%	77.17%	77.97%	79.15%	75.76%	78.47%	82.79%	78.96%	78.76%	76.13%	78.64%
Interest Burden Percent	100.51%	101.23%	105.68%	103.06%	93.68%	91.20%	95.16%	94.78%	94.61%	96.81%	98.17%
Effective Tax Rate	24.15%	22.83%	22.03%	20.85%	24.24%	21.53%	17.21%	21.04%	21.24%	23.87%	21.36%
Return on Invested Capital (ROIC)	18.26%	21.28%	21.99%	21.02%	12.43%	14.75%	20.56%	19.18%	14.04%	17.83%	21.36%
ROIC Less NNEP Spread (ROIC-NNEP)	17.23%	15.97%	24.78%	20.50%	10.48%	9.40%	-36.41%	86.13%	12.62%	16.48%	19.30%
Return on Net Nonoperating Assets (RNNOA)	0.31%	-0.25%	-1.42%	-2.07%	1.38%	0.82%	-0.89%	-0.30%	2.64%	2.76%	1.81%
Return on Equity (ROE)	18.57%	21.03%	20.57%	18.95%	13.81%	15.57%	19.67%	18.88%	16.68%	20.59%	23.17%
Cash Return on Invested Capital (CROIC)	20.32%	21.38%	24.63%	22.21%	-27.57%	-27.98%	-27.65%	-27.58%	13.67%	18.87%	23.12%
Operating Return on Assets (OROA)	14.40%	16.24%	14.87%	14.47%	10.60%	11.73%	12.14%	15.00%	12.35%	15.85%	17.36%
Return on Assets (ROA)	10.98%	12.69%	12.25%	11.81%	7.52%	8.40%	9.56%	11.23%	9.20%	11.68%	13.40%
Return on Common Equity (ROCE)	18.57%	21.03%	20.57%	18.95%	13.81%	15.57%	19.67%	18.88%	16.68%	20.59%	23.17%
Return on Equity Simple (ROE_SIMPLE)	17.57%	17.15%	0.00%	17.40%	16.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	90	112	122	106	83	110	150	127	105	147	179
NOPAT Margin	9.89%	11.58%	11.86%	11.09%	8.30%	9.31%	12.37%	11.07%	9.92%	12.28%	14.34%
Net Nonoperating Expense Percent (NNEP)	1.03%	5.31%	-2.79%	0.52%	1.94%	5.36%	56.96%	-66.95%	1.42%	1.35%	2.06%
Return On Investment Capital (ROIC_SIMPLE)	3.39%	4.08%	4.26%	3.57%	2.31%	3.06%	4.13%	3.53%	2.96%	4.15%	4.86%
Cost of Revenue to Revenue	54.48%	53.29%	52.66%	52.78%	53.49%	51.62%	51.12%	51.58%	50.71%	49.38%	46.15%
SG&A Expenses to Revenue	32.49%	31.70%	32.13%	33.21%	35.56%	34.00%	33.94%	34.40%	36.14%	34.48%	34.18%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	32.49%	31.70%	32.13%	33.21%	35.56%	36.52%	33.94%	34.40%	36.70%	34.48%	35.61%
Earnings before Interest and Taxes (EBIT)	117	146	144	131	109	138	145	161	130	191	224
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	140	169	167	152	140	172	191	199	169	232	263
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.59	3.54	3.29	4.02	3.65	3.11	3.67	4.01	3.26	3.24	3.34
Price to Tangible Book Value (P/TBV)	13.10	11.32	9.32	10.62	0.00	0.00	76.69	49.50	32.22	28.20	20.71
Price to Revenue (P/Rev)	2.01	2.09	2.04	2.56	2.32	1.92	2.30	2.47	2.02	2.01	2.14
Price to Earnings (P/E)	20.24	20.47	18.63	23.20	22.26	20.17	25.21	26.54	19.51	19.37	18.60
Dividend Yield	0.22%	0.22%	0.23%	0.19%	0.21%	0.25%	0.20%	0.19%	0.24%	0.24%	0.23%
Earnings Yield	4.94%	4.88%	5.37%	4.31%	4.49%	4.96%	3.97%	3.77%	5.13%	5.16%	5.38%
Enterprise Value to Invested Capital (EV/IC)	3.70	3.79	3.69	4.67	3.07	2.70	3.27	3.62	2.96	3.04	3.29
Enterprise Value to Revenue (EV/Rev)	1.98	2.04	1.95	2.45	2.50	2.07	2.41	2.56	2.11	2.07	2.15
Enterprise Value to EBITDA (EV/EBITDA)	12.96	13.09	11.86	15.04	15.76	13.69	15.98	16.57	13.23	12.05	11.58
Enterprise Value to EBIT (EV/EBIT)	15.30	15.46	13.86	17.56	18.65	16.56	20.06	21.07	16.88	15.21	14.14
Enterprise Value to NOPAT (EV/NOPAT)	19.77	19.94	17.55	22.00	23.36	20.53	23.43	24.86	19.75	18.10	17.93
Enterprise Value to Operating Cash Flow (EV/OCF)	13.54	14.10	12.08	16.84	19.10	15.09	17.42	19.08	15.12	13.19	12.10
Enterprise Value to Free Cash Flow (EV/FCFF)	18.03	17.51	14.66	20.91	0.00	0.00	0.00	0.00	21.82	15.93	13.85
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.23	0.22	0.21	0.20	0.44	0.39	0.33	0.29	0.25	0.24	0.23
Long-Term Debt to Equity	0.23	0.22	0.21	0.20	0.40	0.39	0.33	0.29	0.25	0.24	0.17
Financial Leverage	0.02	-0.02	-0.06	-0.10	0.13	0.09	0.02	0.00	0.21	0.17	0.09
Leverage Ratio	1.69	1.68	1.64	1.62	1.74	1.71	1.68	1.62	1.70	1.71	1.69
Compound Leverage Factor	1.70	1.70	1.74	1.67	1.63	1.56	1.60	1.54	1.61	1.65	1.66
Debt to Total Capital	18.75%	18.03%	17.26%	16.77%	30.32%	27.84%	24.76%	22.19%	19.70%	19.65%	18.99%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	2.76%	0.00%	0.00%	0.00%	0.00%	0.00%	5.45%
Long-Term Debt to Total Capital	18.75%	18.03%	17.26%	16.77%	27.55%	27.84%	24.76%	22.19%	19.70%	19.65%	13.55%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	81.26%	81.97%	82.74%	83.23%	69.68%	72.16%	75.24%	77.81%	80.30%	80.35%	81.01%
Debt to EBITDA	0.84	0.83	0.79	0.79	1.75	1.58	1.37	1.14	0.95	0.88	0.81
Net Debt to EBITDA	-0.14	-0.34	-0.55	-0.70	1.11	0.99	0.72	0.60	0.58	0.36	0.07
Long-Term Debt to EBITDA	0.84	0.83	0.79	0.79	1.59	1.58	1.37	1.14	0.95	0.88	0.58
Debt to NOPAT	1.28	1.27	1.16	1.16	2.59	2.37	2.01	1.70	1.42	1.32	1.25
Net Debt to NOPAT	-0.21	-0.52	-0.82	-1.02	1.65	1.48	1.06	0.90	0.87	0.54	0.11
Long-Term Debt to NOPAT	1.28	1.27	1.16	1.16	2.35	2.37	2.01	1.70	1.42	1.32	0.89
Altman Z-Score	6.36	6.44	6.21	7.20	5.07	4.79	5.43	6.25	5.91	5.85	5.80
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.59	2.77	2.72	2.98	1.95	1.99	1.95	2.07	2.07	2.05	1.70
Quick Ratio	1.80	2.00	2.05	2.26	1.22	1.23	1.20	1.23	1.17	1.30	1.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	127	166	206	128	-1,069	-1,048	-1,020	-1,064	58	219	342
Operating Cash Flow to CapEx	712.50%	1,270.83%	756.96%	699.47%	612.37%	1,382.00%	816.53%	541.54%	563.92%	1,738.32%	1,590.63%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.11	1.08	1.06	1.05	0.98	1.01	1.01	1.07	1.00	0.99	0.96
Accounts Receivable Turnover	7.57	7.22	6.87	7.34	7.38	7.44	7.51	8.25	7.93	7.55	7.57
Inventory Turnover	5.22	5.39	5.45	5.43	4.95	5.11	4.96	5.18	4.76	4.95	4.69
Fixed Asset Turnover	13.23	12.98	12.77	13.00	12.80	13.41	13.43	14.07	13.64	13.76	13.26
Accounts Payable Turnover	6.55	6.24	6.46	6.39	6.22	5.99	5.62	6.47	6.65	6.04	5.10
Days Sales Outstanding (DSO)	48.24	50.52	53.13	49.76	49.45	49.07	48.59	44.24	46.02	48.31	48.20
Days Inventory Outstanding (DIO)	69.90	67.70	67.01	67.16	73.67	71.44	73.60	70.47	76.60	73.81	77.83
Days Payable Outstanding (DPO)	55.70	58.48	56.54	57.12	58.66	60.95	64.95	56.40	54.88	60.41	71.56
Cash Conversion Cycle (CCC)	62.44	59.74	63.60	59.80	64.46	59.56	57.24	58.31	67.74	61.71	54.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,067	2,052	2,029	2,024	3,219	3,209	3,199	3,215	3,265	3,137	3,035
Invested Capital Turnover	1.85	1.84	1.85	1.90	1.50	1.58	1.66	1.73	1.41	1.45	1.49
Increase / (Decrease) in Invested Capital	-37	-54	-84	-22	1,152	1,157	1,170	1,191	46	-72	-164
Enterprise Value (EV)	7,643	7,780	7,479	9,453	9,898	8,648	10,474	11,638	9,672	9,535	9,987
Market Capitalization	7,726	7,983	7,828	9,893	9,199	8,023	10,000	11,217	9,248	9,249	9,926
Book Value per Share	$69.75	$73.21	$77.32	$79.82	$81.41	$83.61	$88.92	$91.27	$92.65	$94.06	$99.36
Tangible Book Value per Share	$19.13	$22.89	$27.29	$30.18	($1.78)	($0.55)	$4.26	$7.40	$9.36	$10.82	$16.01
Total Capital	2,646	2,751	2,875	2,960	3,617	3,581	3,622	3,591	3,538	3,549	3,672
Total Debt	496	496	496	496	1,097	997	897	797	697	697	697
Total Long-Term Debt	496	496	496	496	997	997	897	797	697	697	497
Net Debt	-83	-203	-350	-439	699	625	474	421	425	285	61
Capital Expenditures (CapEx)	14	12	23	19	9.70	15	25	26	16	17	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	370	370	338	351	460	418	383	443	505	418	326
Debt-free Net Working Capital (DFNWC)	949	1,069	1,184	1,287	858	790	806	819	777	830	962
Net Working Capital (NWC)	949	1,069	1,184	1,287	758	790	806	819	777	830	762
Net Nonoperating Expense (NNE)	0.38	-1.77	3.51	-1.19	5.98	11	36	6.16	7.96	6.17	5.50
Net Nonoperating Obligations (NNO)	-83	-203	-350	-439	699	625	474	421	425	285	61
Total Depreciation and Amortization (D&A)	23	23	23	22	31	35	46	38	39	41	39
Debt-free, Cash-free Net Working Capital to Revenue	9.61%	9.68%	8.79%	9.10%	11.62%	10.02%	8.82%	9.76%	11.00%	9.08%	7.02%
Debt-free Net Working Capital to Revenue	24.64%	27.98%	30.81%	33.35%	21.67%	18.94%	18.54%	18.05%	16.94%	18.02%	20.73%
Net Working Capital to Revenue	24.64%	27.98%	30.81%	33.35%	19.14%	18.94%	18.54%	18.05%	16.94%	18.02%	16.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$3.70	$0.00	$3.45	$2.50	$3.19	$3.71	$3.92	$3.16	$4.66	$5.75
Adjusted Weighted Average Basic Shares Outstanding	30.86M	30.83M	30.89M	30.93M	31.00M	30.85M	30.86M	30.71M	30.63M	30.27M	30.38M
Adjusted Diluted Earnings per Share	$0.00	$3.62	$0.00	$3.35	$2.45	$3.12	$3.61	$3.82	$3.09	$4.56	$5.58
Adjusted Weighted Average Diluted Shares Outstanding	31.40M	31.48M	31.45M	31.80M	31.70M	31.57M	31.64M	31.56M	31.36M	30.95M	31.15M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.80M	30.77M	30.86M	30.96M	30.90M	30.64M	30.61M	30.66M	30.32M	29.94M	29.70M
Normalized Net Operating Profit after Tax (NOPAT)	90	112	122	106	83	133	150	127	109	147	179
Normalized NOPAT Margin	9.89%	11.58%	11.86%	11.09%	8.30%	11.29%	12.37%	11.07%	10.36%	12.28%	14.34%
Pre Tax Income Margin	12.98%	15.25%	14.77%	14.17%	10.17%	10.64%	11.39%	13.34%	11.64%	15.46%	17.68%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	4.53%	4.53%	4.31%	4.34%	4.65%	5.01%	5.19%	5.21%	5.17%	4.87%	4.48%
Augmented Payout Ratio	60.84%	40.51%	25.30%	15.35%	15.08%	27.75%	35.07%	39.06%	51.45%	59.31%	58.54%

Financials Breakdown Chart

Key Financial Trends

Acuity’s financial performance strengthened materially through fiscal 2026. Q4 revenue increased to $1.24 billion, up from $1.21 billion in Q4 2025 and $1.03 billion in Q4 2024. More importantly, gross profit rose to $670.1 million, lifting the gross margin to approximately 53.8% from 48.9% in Q4 2025.

Profitability also improved. Q4 operating income increased to $227.0 million from $180.6 million a year earlier, while consolidated net income rose 52% to $173.0 million. Net income attributable to common shareholders reached $171.3 million, and diluted earnings per share increased to $5.58 from $3.61 in Q4 2025.

Cash generation was a major strength. Q4 operating cash flow was $305.4 million, up from $202.5 million in Q4 2025. After $19.2 million of capital expenditures, estimated free cash flow was approximately $286.2 million. Across fiscal 2026, the company generated roughly $825.6 million of operating cash flow, compared with approximately $601.4 million in fiscal 2025.

Improving revenue trend: Q4 revenue has recovered from $1.01 billion in fiscal 2025 to $1.24 billion in fiscal 2026, marking the highest Q4 level in the provided data.
Stronger margins: Q4 gross margin expanded to approximately 53.8%, while operating margin improved to approximately 18.2% from 14.9% in Q4 2025.
Accelerating earnings: Fiscal 2026 quarterly net income increased sequentially from $120.5 million in Q1 to $173.0 million in Q4, with diluted EPS reaching $5.58 in the latest quarter.
Robust cash conversion: Q4 operating cash flow exceeded net income by approximately $132.4 million, and estimated quarterly free cash flow was nearly $286 million.
Shareholder returns: Acuity repurchased approximately $287.2 million of stock during fiscal 2026 and paid roughly $23.8 million in dividends, supporting per-share results and shareholder distributions.
Lower debt burden: Long-term debt declined to $697.3 million at the end of Q3 2026 from $797.0 million at Q1 and $996.7 million at Q3 2025.
Solid liquidity: At Q3 2026, Acuity had $411.9 million of cash and $1.62 billion of current assets against $788.3 million of current liabilities, implying a current ratio of roughly 2.1.
Cash balance remains volatile: Cash increased from $272.5 million at Q2 2026 to $411.9 million at Q3, but the latest balance-sheet data is from Q3; Q4 cash flow suggests a further $224.4 million increase in cash during the quarter.
High acquisition-related asset exposure: Goodwill and intangible assets totaled approximately $2.52 billion at Q3 2026, or more than half of total assets. This increases exposure to future impairment charges if operating performance weakens.
Capital allocation reduces financial flexibility: Although buybacks and dividends benefit shareholders, fiscal 2026 financing outflows were approximately $436 million, meaning Acuity is returning substantial cash while continuing to operate with nearly $700 million of long-term debt.

Overall, the statements show a company with improving revenue, expanding margins, rising earnings and strong operating cash flow. The principal risks are the substantial goodwill and intangible asset balance, continued reliance on shareholder distributions, and the need to sustain recent margin gains while managing debt and working-capital requirements.

11/13/26 06:35 PM ETAI Generated. May Contain Errors.

Acuity Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Acuity's fiscal year ends in August. Their fiscal year 2026 ended on August 31, 2026.

Acuity's net income appears to be on an upward trend, with a most recent value of $531.30 million in 2026, rising from $290.80 million in 2016. The previous period was $396.60 million in 2025. See where experts think Acuity is headed by visiting Acuity's forecast page.

Acuity's total operating income in 2026 was $713.70 million, based on the following breakdown:

Total Gross Profit: $2.35 billion
Total Operating Expenses: $1.64 billion

Over the last 10 years, Acuity's total revenue changed from $3.29 billion in 2016 to $4.64 billion in 2026, a change of 41.0%.

In the past 13 quarters, Acuity's cash and equivalents has ranged from $272.50 million in Q2 2026 to $935.60 million in Q1 2025, and is currently $411.90 million as of their latest financial filing in Q3 2026.

Acuity had total debt of $697.40 million at the end of 2026, a 22.2% decrease from 2025, and a 96.3% increase since 2016.

Over the last 10 years, Acuity's book value per share changed from 37.82 in 2016 to 99.36 in 2026, a change of 162.7%.

Related Companies

Financial statements for NYSE:AYI last updated on 10/23/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Acuity (AYI) Financials

Financials Breakdown Chart

Key Financial Trends

Acuity Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Acuity (AYI) Financials

Annual Income Statements for Acuity

Quarterly Income Statements for Acuity

Annual Cash Flow Statements for Acuity

Quarterly Cash Flow Statements for Acuity

Annual Balance Sheets for Acuity

Quarterly Balance Sheets for Acuity

Annual Metrics And Ratios for Acuity

Quarterly Metrics And Ratios for Acuity

Financials Breakdown Chart

Key Financial Trends

Acuity Financials - Frequently Asked Questions

When does Acuity's financial year end?

How has Acuity's net income changed over the last 10 years?

What is Acuity's operating income?

How has Acuity's revenue changed over the last 10 years?

How much cash does Acuity have?

How much debt does Acuity have?

How has Acuity's book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools