AYINYSEElectric Lighting & Wiring EquipmentFiscal year ends August 31
ACUITY INC. (DE)
Financials through Q3 FY2026, quarter ended May 31, 2026Last filing: 10-Q on Jun 25, 2026
$308.58+5.33 (+1.76%)
Close on Oct 19, 2026
- Market cap
- $9.55B
- P/E (TTM)
- 20.5
- Dividend yield
- 0.21%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
47.8%+5.7 pts over 5 years
Operating margin
13.0%+2.3 pts over 5 years
Net margin
9.1%+1.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.1% | +2.7% | +5.5% | +4.8% | |
| Gross profit | +16.7% | +7.5% | +8.2% | +6.1% | |
| Operating income | +1.9% | +3.4% | +9.8% | +4.1% | |
| Net income | -6.2% | +1.1% | +9.8% | +6.0% | |
| EPS, diluted | -6.8% | +4.2% | +14.9% | +9.4% | |
| Free cash flow | -4.0% | +27.1% | +3.4% | +8.7% | |
| Dividend per share | +13.8% | +8.3% | +4.9% | +2.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 19.3% | 12.3% | 15.5% | |
| Return on assets | 10.9% | 7.5% | 9.3% | |
| Current ratio | 1.97 | 2.33 | 1.95 | |
| Debt to equity | 0.21 | 0.19 | 0.33 | |
| Net debt to EBITDA | -0.11× | -0.35× | 0.68× | |
| Interest coverage | 14.3× | 13.4× | 13.3× | |
| Inventory turnover | 7.1× | 5.8× | 5.0× | |
| Capex to revenue | 2.5% | 1.7% | 1.6% | |
| Diluted shares | 44M | 40M | 32M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Acuity Inc. (De) generated $2.52B from operations and spent $1.82B on capital expenditure, dividends and share buybacks. 16% of that went back into the business.
Generated
$2.52B
Used
$1.82B
Capital expenditure$299.40M16%Dividends$92.80M5%Share buybacks$1.42B78%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin9.1%
×Asset turnover1.01×
×Equity multiplier1.68×
=Return on equity, FY202515.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 9.1% | 1.01× | 1.68× | 15.5% |
| FY2024 | 11.0% | 1.06× | 1.64× | 19.2% |
| FY2023 | 8.8% | 1.15× | 1.75× | 17.6% |
| FY2022 | 9.6% | 1.14× | 1.78× | 19.4% |
| FY2021 | 8.9% | 0.98× | 1.69× | 14.7% |
| FY2020 | 7.5% | 1.00× | 1.65× | 12.3% |
| FY2019 | 9.0% | 1.19× | 1.69× | 18.2% |
| FY2018 | 9.5% | 1.25× | 1.74× | 20.7% |
| FY2017 | 9.2% | 1.20× | 1.76× | 19.3% |
| FY2016 | 8.8% | 1.23× | 1.77× | 19.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$396.60M
- Cash generatingOperating cash flow above zero$601.40M
- Return on assets improvedROA up on the prior year12.4% → 10.4%
- Earnings backed by cashOperating cash flow above net income$601.40M vs $396.60M
- Less leverageLong-term debt to assets fell13.0% → 18.9%
- Better liquidityCurrent ratio rose2.72 → 1.95
- No dilutionShare count did not rise31M → 32M
- Gross margin improvedGross margin up on the prior year46.39% → 47.83%
- More efficientAsset turnover rose1.13 → 1.14