Credit and interest ratesnegative · 5 filings
“This increase was due primarily to higher operating profit, partially offset by higher net interest expense and income tax expense associated with the increase in profit.”10-Q · Jun 25, 2026 ↗
Acuity Inc.
AYI
Market read
Acuity Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 32 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Company+0.9% todayVolume comparison unavailable
Market group0 of 32 activeIndustrial Machinery · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- AYI's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if AYI's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 32 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- AYI's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations328
Usable filing statements72
Verified relationships2
Evidence supporting the case
- Latest annual revenue changed +13.1% year over year.
- Operating cash flow covered net income at 1.52x in the latest annual period.
Evidence challenging the case
- Operating margin changed -1.4 percentage points in the latest annual period.
- Net margin changed -1.9 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Tariffs and trade policy has repeated adverse evidence across 4 filings.
Questions before a position
- P/E is 33% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 23% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
319.026m+23.7%12m-3.4%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-08-31$3.5B+4.0%$8.38-7.7%
2022-08-31$4.0B+15.7%$11.08-5.2%
2023-08-31$4.0B-1.3%$10.76-7.2%
2024-08-31$3.8B-2.8%$13.44-2.2%
2025-08-31$4.3B+13.1%$12.53+0.6%
What management says matters
Persistent and emerging business drivers
Tariffs and trade policynegative · 4 filings
“The decrease in gross profit was due primarily to the fall through of lower net sales and higher tariff costs, partially offset by product and productivity improvements.”10-Q · Jun 25, 2026 ↗
Input and raw-material costsnegative · 2 filings
“The decrease in gross profit was due primarily to higher production costs, partially offset by the fall through of higher net sales and favorable materials cost.”10-Q · Jan 8, 2026 ↗
Supply chain and availabilitynegative · 1 filings
“Inventories are stated on a first-in, first-out basis at the lower of cost and net realizable value and consist of the following as of the dates presented (in millions): August 31, 2025 2024 Raw materials, supplies, and work in process (1) $ 246.8 $ 222.1 Fin…”10-K · Oct 27, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.3× · EV/sales 2.4×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
319.02+0.9% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AYI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AYI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AYI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CISOFiling-linked namepartnerOct 27, 2025 ▾
“Our cybersecurity risk management efforts are led by our Chief Information Security Officer (“CISO”).”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AYI is currently a Follower in the organic co-movement group Industrial Machinery. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.