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Other financials

Income statement

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Revenue$1.2B+1.6%
Gross profit$606.4M+6.3%
Operating income$193.3M+38.3%
Net income$141.0M+43.3%
EPS (diluted)$4.56+46.2%

Balance sheet

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Cash & equivalents$411.9M+10.8%
Total debt$804.3M-25.9%
Total equity$2.9B+10.4%
Total assets$4.6B-0.2%

Cash flow

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Operating cash flow$290.3M+40.0%
CapEx$16.7M+11.3%
Free cash flow$273.6M+42.3%

Valuation

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Market cap$10.43B+13.9%
Enterprise value$10.83B+9.7%
P/E22.1×-0.7×
P/S2.3×+0.1×

Profitability

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Gross margin49.3%+1.9pp
Operating margin14.5%+1.5pp
Net margin10.3%+0.6pp
FCF margin13.9%+1.7pp

Returns & leverage

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Return on equity17.4%+0.8pp
Debt / equity0.3×-0.1×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by Acuity Brands in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Acuity Brands’s 10-K, filed October 27, 2025.

Filed
Oct 27, 2025, 4:15 PM EDT
Fiscal year
FY2025
Accession
0001144215-25-000082

Research and development (“R&D”) expense consists of compensation, payroll taxes, employee benefits, materials, supplies, and other administrative costs, but it does not include all new or enhanced product development costs. R&D expense is expensed as incurred and is included in Selling, distribution, and administrative expenses in our Consolidated Statements of Comprehensive Income. R&D expense amounted to $140.2 million, $102.3 million, and $97.1 million during fiscal 2025, 2024, and 2023, respectively.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Acuity Brands's R&D?
Acuity Brands (AYI) reported R&D of $35.05M in Q2 2025.
How has Acuity Brands's R&D changed year-over-year?
Acuity Brands's R&D increased by 37.0% year-over-year, from $25.58M to $35.05M.
What is the long-term trend for Acuity Brands's R&D?
Over 4 years (2021 to 2025), Acuity Brands's R&D has grown at a 12.3% compound annual growth rate (CAGR), from $88.3M to $140.2M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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