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Acuity Brands AYI Variable Lease Cost

Discontinued — last reported Q4 '25

Variable Lease Cost at other companies

Carnival Corporation logo
Carnival CorporationCCL
$52.25M-0.9%
Devon Energy logo
Devon EnergyDVN
$0
Evercore logo
EvercoreEVR
$6.09M+107%
Jones Lang LaSalle logo
Jones Lang LaSalleJLL
$12.45M-1.0%
Dutch Bros logo
Dutch BrosBROS
$0-100%
F5, Inc. logo
F5, Inc.FFIV
$7.52M-5.3%

Other financials

Income statement

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Revenue$1.1B+4.9%
Gross profit$520.4M+11.2%
Operating income$133.0M+20.7%
Net income$96.8M+24.9%
EPS (diluted)$3.09+26.1%

Balance sheet

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Cash & equivalents$272.5M-31.5%
Total debt$808.2M-32.2%
Total equity$2.8B+12.7%
Total assets$4.6B-0.5%

Cash flow

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Operating cash flow$89.1M+50.0%
CapEx$15.8M+62.9%
Free cash flow$73.3M+47.5%

Valuation

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Market cap$9.63B+0.5%
Enterprise value$10.16B-2.1%
P/E22.4×-0.6×
P/S2.1×-0.3×

Profitability

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Gross margin48.7%+1.8pp
Operating margin13.4%-0.4pp
Net margin9.4%-1.2pp
FCF margin12.2%+0.7pp

Returns & leverage

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Return on equity16%-1.8pp
Debt / equity0.3×-0.2×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by Acuity Brands in its filing.

Tagged under the XBRL concept us-gaap:VariableLeaseCost.

The official record: Acuity Brands’s 10-K, filed October 27, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Acuity Brands's variable lease cost?
Acuity Brands (AYI) reported variable lease cost of $1.35M in Q2 2025.
How has Acuity Brands's variable lease cost changed year-over-year?
Acuity Brands's variable lease cost increased by 42.1% year-over-year, from $950K to $1.35M.
What is the long-term trend for Acuity Brands's variable lease cost?
Over 4 years (2021 to 2025), Acuity Brands's variable lease cost has grown at a 28.2% compound annual growth rate (CAGR), from $2M to $5.4M.
What does variable lease cost mean?
Lease costs that change based on usage or other performance metrics rather than fixed payments.
How do you interpret variable lease cost?
Higher variable costs provide more flexibility during downturns but can increase expenses during periods of high growth.
How does variable lease cost compare across companies?
Standardized disclosure under ASC 842 lease accounting.