15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 6.0% per year over the past 5 years.
Net income has grown faster than revenue (11.6% vs 6.0% per year).
Operating margin has expanded, at 15.4% in the latest year.
Free cash flow has grown 15.4% per year over the past 5 years.
Financial health
Total debt ($697M) exceeds cash ($636M); net debt is $61M.
Total debt has grown in line with revenue (7.1% vs 6.0% per year).
Operating income covered interest expense 20× in the latest year.
Total debt is 0.8× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 4.5% of earnings and 3.2% of free cash flow.
The dividend has grown 4.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$4.6B
$531M
50.6%
15.4%
17.9%
10.9%
$748M
$697M
$636M
2025
$4.3B
$397M
47.8%
13.0%
14.6%
8.3%
$533M
$897M
$423M
2024
$3.8B
$423M
46.4%
14.4%
17.8%
11.1%
$555M
$496M
$846M
2023
$4.0B
$346M
43.3%
12.0%
17.2%
10.2%
$511M
$496M
$398M
2022
$4.0B
$384M
41.8%
12.7%
20.1%
11.0%
$260M
$513M
$223M
2021
$3.5B
$306M
42.6%
12.4%
15.0%
8.6%
$365M
$494M
$491M
2020
$3.3B
$248M
42.2%
10.6%
11.7%
7.1%
$450M
$401M
$561M
2019
$3.7B
$330M
40.3%
12.6%
17.2%
10.4%
$442M
$357M
$461M
2018
$3.7B
$350M
40.4%
12.5%
20.4%
11.7%
$308M
$357M
$129M
2017
$3.5B
$322M
42.3%
15.0%
19.3%
11.1%
$269M
$357M
$311M
2016
—
$291M
—
—
17.5%
9.9%
$304M
$355M
$413M
2015
—
$222M
—
—
16.3%
9.2%
$232M
$352M
$757M
2014
—
$176M
—
—
15.1%
8.1%
$198M
$352M
$553M
2013
—
$127M
—
—
12.8%
6.7%
$92M
$354M
$359M
2012
—
$116M
—
—
13.9%
6.7%
$141M
$354M
$285M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Aug '26
$1.2B
$173M
53.8%
18.2%
5.8%
3.5%
$286M
$697M
$636M
May '26
$1.2B
$141M
50.6%
16.1%
4.9%
3.0%
$274M
$697M
$412M
Feb '26
$1.1B
$97M
49.3%
12.6%
3.4%
2.1%
$73M
$697M
$273M
Nov '25
$1.1B
$121M
48.4%
14.0%
4.3%
2.6%
$115M
$797M
$376M
Aug '25
$1.2B
$114M
48.9%
14.9%
4.2%
2.4%
$178M
$897M
$423M
May '25
$1.2B
$98M
48.4%
11.9%
3.8%
2.1%
$192M
$997M
$372M
Feb '25
$1.0B
$78M
46.5%
11.0%
3.1%
1.7%
$50M
$1.1B
$398M
Nov '24
$952M
$107M
47.2%
14.0%
4.3%
2.8%
$113M
$496M
$936M
Aug '24
$1.0B
$119M
47.3%
15.2%
5.0%
3.1%
$151M
$496M
$846M
May '24
$968M
$114M
46.7%
15.0%
5.1%
3.1%
$141M
$496M
$699M
Feb '24
$906M
$89M
45.5%
13.0%
4.1%
2.5%
$88M
$496M
$579M
Nov '23
$935M
$101M
45.8%
14.2%
4.9%
2.9%
$175M
$496M
$513M
Aug '23
$1.0B
$83M
43.8%
10.9%
4.1%
2.4%
$88M
$496M
$398M
May '23
$1.0B
$105M
44.7%
14.3%
5.3%
3.1%
$153M
$495M
$359M
Feb '23
$944M
$83M
43.1%
11.8%
4.3%
2.5%
$102M
$495M
$339M
Nov '22
$998M
$75M
41.7%
10.9%
3.9%
2.2%
$168M
$495M
$284M
Aug '22
$1.1B
$115M
41.7%
13.5%
6.0%
3.3%
$132M
$513M
$223M
May '22
$1.1B
$106M
42.0%
13.5%
5.5%
2.9%
$25M
$617M
$318M
Feb '22
$909M
$75M
41.7%
11.3%
3.6%
2.0%
$29M
$495M
$476M
Nov '21
$926M
$88M
41.7%
12.4%
4.2%
2.4%
$74M
$495M
$504M
Valuation over time
How the market has priced AYI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 14.1× (Mar '23) to 18.4× (Nov '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.1× (Nov '26).
The dividend yield has fallen from 0.3% (Mar '23) to 0.2% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is AYI growing its revenue and profit?
Over the past 5 years, Acuity Inc. (De)'s revenue has grown 6.0% per year, and net income grown 11.6% per year. These are computed facts, not advice.
How much debt does AYI have?
As of FY2026, Acuity Inc. (De) reported $697M of total debt against $636M of cash; operating income covered interest expense 20×.
What is AYI's profit margin?
In FY2026, gross margin was 50.6%, operating margin 15.4%, and net margin 11.4%.
What is AYI's P/E ratio?
Acuity Inc. (De)'s P/E (TTM) is 18.43 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the AYI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 18.4× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.