ACUITY INC. (DE)
Business
Acuity Inc. is an industrial technology company that designs, manufactures, and markets lighting, lighting controls, building management solutions, and audio-video-control platforms. The company operates two segments: Acuity Brands Lighting (ABL), which offers luminaires, drivers, and controls under brands including Lithonia, Juno, and nLight; and Acuity Intelligent Spaces (AIS), which provides building management systems, data platforms, and unified audio-video platforms through Distech Controls, Atrius, and QSC. Products and services are distributed in North America and select international markets through independent sales agencies, distributors, retailers, direct corporate accounts, and system integrators, with manufacturing across the United States, Mexico, Canada, and Europe.
Summary from 10-K filed 2025-10-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-08-31 | FY 2024 2024-08-31 | FY 2023 2023-08-31 | FY 2022 2022-08-31 | FY 2021 2021-08-31 |
|---|---|---|---|---|---|---|
| Net sales | 4,346 | 3,841 | 3,952 | 4,006 | 3,461 | |
| Cost of products sold | 2,267 | 2,059 | 2,239 | 2,333 | 1,986 | |
| Gross profit | 2,079 | 1,782 | 1,713 | 1,673 | 1,475 | |
| Selling, distribution, and administrative expenses | 1,485 | 1,228 | 1,213 | 1,163 | 1,044 | |
| Special charges | 30 | 0 | 27 | 0 | 3 | |
| Operating profit | 564 | 553 | 473 | 510 | 428 | |
| Interest expense (income), net | 22 | −5 | 19 | 25 | — | |
| Miscellaneous expense, net | 42 | 9 | 8 | −9 | 8 | |
| Total other expense | 64 | 5 | 27 | 16 | 31 | |
| Income before income taxes | 500 | 549 | 447 | 494 | 396 | |
| Income tax expense | 104 | 126 | 101 | 110 | 90 | |
| Net income | 397 | 423 | 346 | 384 | 306 | |
| Basic earnings per share (in dollars per share) | 12.85 | 13.68 | 10.88 | 11.23 | 8.44 | |
| Basic weighted average number of shares outstanding (in shares) | 31 | 31 | 32 | 34 | 36 | |
| Diluted earnings per share (in dollars per share) | 12.53 | 13.44 | 10.76 | 11.08 | 8.38 | |
| Diluted weighted average number of shares outstanding (in shares) | 32 | 31 | 32 | 35 | 37 | |
| Dividends declared per share (in dollars per share) | 0.66 | 0.58 | 0.52 | 0.52 | 0.52 | |
| Foreign currency translation adjustments | 11 | −6 | 9 | −33 | 13 | |
| Defined benefit plans, net of tax | 28 | 4 | 5 | 6 | 21 | |
| Other comprehensive income (loss) items, net of tax | 38 | −2 | 13 | −28 | 35 | |
| Comprehensive income | 435 | 420 | 359 | 356 | 341 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-08-31 | FY 2025 2025-05-31 | FY 2024 2024-08-31 | FY 2024 2024-05-31 | FY 2023 2023-08-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 423 | — | 846 | — | 398 | |
| Accounts receivable, less reserve for doubtful accounts of $4.3 and $1.9, respectively | 594 | — | 563 | — | 555 | |
| Inventories | 527 | — | 388 | — | 369 | |
| Prepayments and other current assets | 108 | — | 75 | — | 74 | |
| Total current assets | 1,652 | — | 1,872 | — | 1,395 | |
| Property, plant, and equipment, net | 343 | — | 304 | — | 298 | |
| Operating lease right-of-use assets | 97 | — | 66 | — | 84 | |
| Goodwill | 1,496 | 1,500 | 1,100 | 1,100 | 1,098 | |
| Intangible assets, net | 1,099 | — | 441 | — | 481 | |
| Deferred income taxes | 23 | — | 2 | — | 3 | |
| Other long-term assets | 45 | — | 32 | — | 50 | |
| Total assets | 4,755 | — | 3,815 | — | 3,409 | |
| Accounts payable | 455 | — | 352 | — | 286 | |
| Current operating lease liabilities | 23 | — | 19 | — | 20 | |
| Accrued compensation | 110 | — | 110 | — | 103 | |
| Other current liabilities | 258 | — | 206 | — | 187 | |
| Total current liabilities | 846 | — | 688 | — | 595 | |
| Long-term debt | 897 | — | 496 | — | 496 | |
| Long-term operating lease liabilities | 84 | — | 58 | — | 76 | |
| Accrued pension liabilities | 39 | — | 38 | — | 38 | |
| Deferred income taxes | 25 | — | 26 | — | 59 | |
| Other long-term liabilities | 139 | — | 130 | — | 129 | |
| Total liabilities | 2,030 | — | 1,436 | — | 1,393 | |
| Commitments and contingencies (see Commitments and Contingencies footnote) | — | — | — | — | — | |
| Preferred stock, $0.01 par value per share; 50.0 shares authorized; none issued | 0 | — | 0 | — | 0 | |
| Common stock, $0.01 par value per share; 500.0 shares authorized; 54.9 and 54.6 issued, respectively | 500,000 | — | 500,000 | — | 500,000 | |
| Paid-in capital | 1,165 | — | 1,116 | — | 1,067 | |
| Retained earnings | 4,286 | — | 3,910 | — | 3,505 | |
| Accumulated other comprehensive loss | −77 | — | −115 | — | −113 | |
| Treasury stock, at cost 24.2 and 23.8 shares, respectively | −2,650 | — | −2,530 | — | −2,440 | |
| Total stockholders equity | 2,725 | — | 2,379 | — | 2,015 | |
| Total liabilities and stockholders equity | 4,755 | — | 3,815 | — | 3,409 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-08-31 | FY 2024 2024-08-31 | FY 2023 2023-08-31 | FY 2022 2022-08-31 | FY 2021 2021-08-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 133 | 91 | 93 | 95 | 100 | |
| Pension settlement loss | 31 | 0 | 0 | — | — | |
| Share-based payment expense | 45 | 47 | 42 | 37 | 33 | |
| Asset impairments | 17 | 3 | 21 | 2 | 6 | |
| Deferred income taxes | −45 | −34 | −48 | — | — | |
| Accounts receivable | 26 | −9 | 115 | −100 | −69 | |
| Inventories | −34 | −16 | 115 | −83 | −36 | |
| Prepayments and other current assets | −14 | −3 | 21 | −18 | −18 | |
| Accounts payable | 64 | 66 | −111 | 3 | 66 | |
| Other operating activities | −18 | 51 | −17 | −2 | 24 | |
| Net cash provided by operating activities | 601 | 619 | 578 | 316 | 409 | |
| Purchases of property, plant, and equipment | −68 | −64 | −67 | −57 | −44 | |
| Acquisitions of businesses, net of cash acquired | −1,189 | 0 | −36 | −13 | −75 | |
| Other investing activities | −23 | −1 | 12 | −2 | −4 | |
| Net cash used for investing activities | −1,281 | −65 | −91 | −62 | −118 | |
| Repayments on credit facility, net of borrowings | 0 | 0 | −18 | 18 | 0 | |
| Borrowings from term loan | 600 | 0 | 0 | 0 | 494 | |
| Repayments of term loan borrowings | −200 | 0 | 0 | 0 | −401 | |
| Repurchases of common stock | −119 | −89 | −267 | −515 | −435 | |
| Proceeds from stock option exercises and other | 28 | 14 | 3 | 13 | 3 | |
| Payments of taxes withheld on net settlement of equity awards | −25 | −11 | −14 | −9 | −5 | |
| Dividends paid | −21 | −18 | −17 | −18 | −19 | |
| Other financing activities | −9 | 0 | 0 | −1 | 0 | |
| Net cash provided by (used for) financing activities | 255 | −105 | −313 | −512 | −363 | |
| Effect of exchange rate changes on cash and cash equivalents | 600,000 | −2 | 200,000 | −10 | 2 | |
| Net change in cash and cash equivalents | −423 | 448 | 175 | −268 | −69 | |
| Income taxes paid | 152 | 156 | 147 | 109 | 86 | |
| Interest paid | 41 | 24 | 28 | 26 | 22 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ACUITY INC. (DE)'s CIK number?
ACUITY INC. (DE)'s SEC CIK number is 0001144215 (1144215). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ACUITY INC. (DE)'s SEC filings?
All of ACUITY INC. (DE)'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ACUITY INC. (DE) last report earnings?
ACUITY INC. (DE) (AYI) most recently filed an earnings 8-K with the SEC on Jun 25, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001144215-26-000038). This is ACUITY INC. (DE)'s most recent earnings filing of record — not a forecast of its next earnings date.
What is ACUITY INC. (DE)'s most recent earnings 8-K?
ACUITY INC. (DE)'s latest earnings 8-K (Item 2.02) was filed Jun 25, 2026 under accession 0001144215-26-000038. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ACUITY INC. (DE)'s latest earnings 8-K →
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