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AYI

Acuity Inc.
$316.76
+1.85% Oct 21 close
IndustrialsS&P 400 Compare
-29%-18%-6%+6%+17%Oct 2025Oct 2026Apr 2026
AYISPY
1W
+6.8%
1M
+3.4%
3M
-4.4%
6M
+8.6%
YTD
-11.8%
1Y
-13.0%

Live chart

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What they do

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.

Industrials · Electrical Equipment & Parts

For information only · Important disclosures

Grades vs sector

Momentum
23rd percentile in sector
D
12-1 return: -15.0%
Percentile within its GICS sector across the S&P 1500.
Growth
18th percentile in sector
D
Revenue growth (YoY): +2.9%
Percentile within its GICS sector across the S&P 1500.
Value
75th percentile in sector
B+
Forward E/P: 7.7% · EBITDA/EV: 9.2%
Percentile within its GICS sector across the S&P 1500.
Profitability
63rd percentile in sector
B-
Profit margin: +11.4% · Return on equity: +18.6%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
2 of Wall Street’s Favorite Stocks with Promising Prospects and 1 Facing Challenges
StockStory · Oct 13
Acuity Brands (AYI): Buy, Sell, or Hold Post Q3 Earnings?
StockStory · Oct 12
Acuity (AYI) Flags Robust Intelligent Spaces Acquisition Pipeline On Earnings Call
Simply Wall St. · Oct 08
1 Profitable Stock with Solid Fundamentals and 2 We Brush Off
StockStory · Oct 08
What Is The Market Really Paying For With Acuity (AYI)?
Insider Monkey · Oct 04

Key stats

Market value$9.5B
P/E (last 12 months)18.6
P/E (next 12 months, estimated)13.6
52-week range$257.04 – $380.17
Revenue growth (latest quarter vs a year ago)+2.9%
Dividend yield0.26%
Analyst consensusBuy (6)
Average analyst price target$370.17 (+17%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Roughly fairly valued
Model read-out from the numbers below, not advice. Score +0 (DCF counts double).
▼DCF (base case)below the price by 19%
▲Forward P/E vs sector13.6x vs median 17.1x
•Piotroski F-score4/9
▲Altman Z6.3 (safe)
▲Net debt / EBITDA0.5x
▲Analyst target+17% (6 analysts)

Discounted cash flow

Bear
$167
-47%
growth -2% · disc. 11.7% · term. 2.0%
Base
$257
-19%
growth 3% · disc. 10.7% · term. 2.5%
Bull
$369
+17%
growth 6% · disc. 9.7% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 6% a year for 10 years.
Implied
+6%/yr
FCF, last 3 yrs
+27%/yr
FCF, last 5 yrs
+3%/yr
Revenue, last 3 yrs
+3%/yr
Revenue, last 5 yrs
+5%/yr
Same inputs as the DCF above: trailing free cash flow 0.6B, 10.7% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-05-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.30 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)
sector median 26.4× · 25th pct
18.6×
cheaper
Forward P/E
sector median 17.1× · 28th pct
13.6×
cheaper
EV / EBITDA
sector median 14.8× · 34th pct
11.9×
cheaper
Price / sales
sector median 2.1× · 48th pct
2.1×
cheaper
Price / book
sector median 3.5× · 48th pct
3.3×
cheaper
FCF yield
sector median 4.5% · 71st pct
6.7%
cheaper

Forward EPS $23.27 vs trailing $17.05 (+36% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
49.3%
Operating margin
14.5%
FCF margin
13.9%
Net margin
10.3%
Return on equity
16.6%
Return on invested capital
16.3%
Net debt / EBITDA
0.5×
Current ratio
2.1×
Interest cover
18.0×
Cash conversion (OCF/NI)
1.5×
Piotroski F-score 4/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✓ Gross margin improved✗ Asset turnover improved

Altman Z-score 6.3 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$370
+17%
Analysts
6
Buy
Range
$345–$415
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$4.3B$396.6M$533.0M
2024$3.8B$422.6M$555.2M
2023$4.0B$346.0M$511.4M
2022$4.0B$384.0M$259.8M
2021$3.5B$306.3M$364.9M
2020$3.3B$248.3M$449.9M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +2.7%.

Earnings

Next report: 2027-01-07 · before open · EPS est 5.09
25-0125-0425-0625-1026-0126-0426-0626-100.005.77
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-10-015.565.77+3.8%
2026-06-255.195.31+2.4%
2026-04-024.004.14+3.5%
2026-01-084.594.69+2.1%
2025-10-014.845.20+7.5%
2025-06-264.445.12+15.3%
2025-04-033.703.73+0.9%
2025-01-083.903.97+1.9%

Quarterly revenue

QuarterRevenueYoY
2026-05-31$1.2B+1.6%
2026-02-28$1.1B–
2025-11-30$1.1B–
2025-08-31$1.2B–
2025-05-31$1.2B–
Analyst actions
Morgan Stanley
2026-10-20 · main
Overweight → Overweight
PT $380
Oppenheimer
2026-10-08 · main
Outperform → Outperform
PT $415
Baird
2026-10-02 · main
Neutral → Neutral
PT $348
Baird
2026-09-29 · main
Neutral → Neutral
PT $360
William Blair
2026-09-28 · down
Outperform → Market Perform
Morgan Stanley
2026-07-01 · main
Overweight → Overweight
PT $410

Recent dividends

2026-10-16: $0.200 · 2026-07-17: $0.200 · 2026-04-17: $0.200 · 2026-02-02: $0.200 · 2025-10-17: $0.170 · 2025-07-18: $0.170 · 2025-04-17: $0.170 · 2025-02-03: $0.170
Insider trades
O'Shaughnessy Laura
Director · 2026-10-16
Buy
$22.1K
Holcom Karen J
SVP & Chief Financial Officer · 2026-09-01
Sell
$659.2K
None
None · None
Sell
–

Stats refreshed 2026-10-21 18:01:48 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026