📈 Price History

Ratio Health

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By Category

📊 Sector Averages

About

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, Eureka, Fresco, Gotham, Healthcare Lighting, Holophane, Hydrel, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, Nightingale, nLight, Peerless, RELOC Wiring Solutions, and SensorSwitch brand names. This segment serves electrical distributors, consumer retailers, large corporate accounts, and original equipment manufacturer customers. The AIS segment offers Distech Controls intelligent Building Management Systems (BMS), such as products for controlling heating, ventilation, air conditioning, lighting, shades, refrigeration, and building access that prioritize end-user outcomes; Q-SYS, a full-stack audio, video, and control platform, and QSC Audio, an audio technology for live entertainers and sound reinforcement professionals. This segment serves retail stores, airports, universities, enterprise campuses, sports venues, themed entertainment, and hospitality sectors through system integrators. It offers its products and solutions under the Atrius, Distech Controls, QSC, and KE2 Therm Solutions brands. Acuity Inc. was formerly known as Acuity Brands, Inc. and changed its name to Acuity Inc. in March 2025. Acuity Inc. was incorporated in 2001 and is headquartered in Atlanta, Georgia.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

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📊 Quick Scorecard

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⭐ Superinvestors Holding AYI

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Manager	Shares	Value	% of Fund	Period
Jim Simons Renaissance Technologies LLC	1.9K	$544K	0.00%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q3 2025

Confident Specific

Management highlighted 'strong performance' with specific metrics: net sales +22%, adjusted operating profit +33%, adjusted diluted EPS +23%. They described proactive actions on tariffs (supply chain shifts, pricing) and provided clear product and segment details. Language like 'we are confident', 'we have dexterity' underscores assuredness.

Q4 2025

Confident Specific

Management uses strong adjectives like 'strong', 'pleased', 'proud', and repeatedly cites specific figures (e.g., 17% net sales growth, 130 bps margin expansion, 21% EPS growth). Language is direct and data-driven without hedging.

Q1 2026

Confident Specific

Management used phrases like 'strong performance', 'we grew net sales', 'we expanded margins', and provided specific numbers such as 20% net sales growth, 24% adjusted operating profit growth, and 18% EPS growth. They acknowledged a tepid lighting market but expressed confidence in their long-term strategy.

Q2 2026 latest

Confident Specific

Management repeatedly stated 'strong execution' with specific numbers (sales up 5%, adjusted EPS up 11%, ABL gross margin up 70 bps) while acknowledging soft lighting environment and taking cost actions.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis appears slightly weaker on top-line growth due to ABL guidance revision, but stronger on margin resilience and capital allocation. Management demonstrated ability to expand ABL gross margins despite lower volume through pricing and productivity, which supports earnings power. AIS continues to deliver strong growth and margin expansion, reinforcing the strategic pivot toward intelligent spaces. The proactive cost actions and aggressive share repurchase signal confidence in long-term value. Key watch items for next quarter: demand trends in the independent sales network (time to release projects), memory cost pass-through, and any further tariff developments that could impact supply chain. Overall thesis remains intact but requires monitoring of macro headwinds.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Acuity Q2 FY26: Net sales up 5% to $1.1B, adj EPS $4.14 (+11%)

Revenue & Profitability

Total net sales were $1.1 billion, up 5% YoY. Adjusted operating profit was $176 million (up 8%), and adjusted diluted EPS was $4.14 (up 11%). ABL sales declined 3% to $817 million, while AIS sales rose by $77 million to $248 million. The company generated $230 million in cash flow from operations in the first half of FY26.

Outlook

Management sees a soft lighting environment with demand hindered by uncertainty around policy, tariffs, and interest rates, as well as a crowding-out effect from data centers on labor and materials. The market is experiencing slower project releases, though conversion rates remain stable. For ABL, full-year sales are now expected to be flat to down low single digits year-over-year.

Growth Drivers

Key growth levers include AIS, which is expected to deliver low- to mid-teens growth, driven by Distech and QSC. Specific product launches such as the Q-SYS RoomSuite Modular System for small/medium collaboration spaces and the Eclipse Retrofit Solution for legacy buildings are highlighted. ABL growth is supported by new verticals (e.g., floodlight solutions from M3 Innovation) and share gains, but near-term headwinds persist.

Balance Sheet & CapEx

Not discussed in this earnings call.

Margins

ABL gross profit margin improved 70 basis points to 45.7%, driven by strategic pricing and productivity. ABL adjusted operating profit margin increased 50 basis points to 17.3%. AIS adjusted gross profit margin was 59.1%, up 60 basis points, and AIS adjusted operating margin rose 60 basis points to 19.3%. Total Acuity adjusted operating margin was 16.7%, up 50 basis points. Management expects to continue driving margin improvement through cost actions and productivity.

Key Risks

Management and analysts flagged several risks: uncertainty around tariffs (e.g., potential 25% tariffs on finished goods with imported steel/aluminum), supply shocks from memory shortages due to data center demand, slower project releases in the lighting market, and the impact of government shutdowns on large infrastructure projects. The company also noted the potential for continued labor and material cost pressures.

Generated by AI · Q2 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

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📞 Earnings Call Transcripts (5)

Q3 2026 Q3 2026 2026-06-25

Q3 FY26 saw 2% net sales growth to $1.2B, driven by AIS, with adjusted EPS up 4% and strong cash flow. AIS delivered 15% sales growth and margin expansion, while ABL maintained strong margins despite a 2% sales decline. Capital allocation remained disciplined, with increased dividends and share repurchases.

Q2 2026 Q2 2026 2026-04-02

Net sales rose 5% to $1.1B, with strong AIS growth offsetting ABL declines. Adjusted EPS increased 11% to $4.14, and margins improved across segments. Full-year ABL sales are expected flat to down, while AIS growth and EPS guidance remain unchanged.

Q1 2026 Q1 2026 2026-01-08

Q1 saw 20% net sales growth to $1.1B, margin expansion, and strong cash flow, driven by both segments and QSC. Product innovation and awards highlighted operational strength, while backlog normalization and a tepid lighting market shape near-term outlook.

Q4 2025 Q4 2025 2025-10-01

Strong Q4 and FY25 results featured 17% sales growth, margin expansion, and higher adjusted EPS, driven by both segments and QSC integration. FY26 guidance projects $4.7–$4.9B in sales and $19–$20.50 EPS, with growth led by AIS and continued margin focus.

Q3 2025 Q3 2025 2025-06-26

Q3 FY2025 saw robust sales and profit growth, margin expansion, and strong cash flow, driven by both lighting and intelligent spaces segments. Strategic pricing and supply chain actions mitigated tariff impacts, while new products and acquisitions fueled growth. Guidance remains unchanged, with Q4 expected to reflect full tariff cost impact.

📊 Analysis Methodology

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