| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 64 | 21.0x | 17.8x | Around median | |
Growth | 56 | 10.5% | 7.1% | Around median | |
Quality | 85 | 14.8% | 4.5% | Top tier | |
Safety | 87 | 0.5x | 2.6x | Top tier | |
Capital Return | 53 | 0.23% | 2.12% | Around median | |
Momentum | 61 | 6.3% | 2.9% | Around median | |
Sentiment | 43 | 6 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Acuity Brands operates through two main interconnected businesses. Acuity Brands Lighting sells lighting solutions through its Contractor Select portfolio of products that reduce distributors’ inventory and handling costs, Design Select for efficient project configuration, and Made-to-Order for customized solutions; Acuity Intelligent Spaces combines Atrius and Distech solutions for managing spaces with QSC for managing the experience within them, supported by open-protocol controllers, edge and cloud platforms, and data and automation tools.
In Q3 of fiscal 2026, revenue reached $1.2 billion, up $19 million or 2% year over year, while EDGAR data recorded gross profit of $606.4 million, net income of $141.0 million, and earnings per share of $4.56. On an adjusted basis, gross margin was 50.1%, up 10 basis points, operating profit was $224 million, up 1%, operating margin was 18.7%, and diluted earnings per share were $5.31, up 4%.
Growth came from Acuity Intelligent Spaces, whose sales rose 15% to $304 million and whose adjusted operating margin reached 25.1%, compared with a 2% decline in Acuity Brands Lighting sales to $905 million and a 60-basis-point decline in its adjusted operating margin to 18.2%. For the trailing twelve-month period within fiscal 2026 data, revenue reached $4.6 billion, gross profit was $2.3 billion, net income was $472.3 million, and earnings per share were approximately $15.26.
Analyst targets range from $358 to $465, with an average of $404.33 and a neutral consensus, and the average is approximately 6.4% above the 52-week range high of $380.17. The available information does not include a published earnings multiple, so the earnings-based valuation rests on earnings per share of approximately $15.26 for the trailing twelve-month period in fiscal 2026, balancing Acuity Intelligent Spaces growth against the contraction in Acuity Brands Lighting sales and margins and the widening dispersion of targets.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Revenue rose 2% to $1.2 billion, with the primary driver being 15% growth in Acuity Intelligent Spaces to $304 million. This growth came from strong performance at Distech and QSC, and the business’s adjusted operating profit rose 22.5% to $76 million. In contrast, Acuity Brands Lighting sales declined 2% to $905 million, so the shift in sales mix toward the higher-margin business was an important factor in the increase in adjusted gross margin to 50.1%.
Management said on June 25, 2026, that Distech added PLC controllers through Eclipse Resilience to its direct digital controllers, enabling it to serve different requirements among hyperscale computing operators. The company also participates in this market by selling lighting systems directly to contractors and prefabrication operators. Management described the opportunity as one that could become an important and predictable part of Distech’s growth, but it did not provide a specific financial estimate of its size.
Management reported on June 25, 2026, that orders and the conversion rates of quotations into projects had moved closer to typical patterns after weakness extending from October through January. The primary reason was the advancement of older projects and the normalization of backlog, rather than a sharp jump in end demand. The company expects growth from Q3 to Q4 of fiscal 2026, but it cautioned that the increase may be less pronounced than the previous sequential improvement.
Automated analysis for informational purposes only — not investment advice.
The adjusted gross margin of Acuity Brands Lighting was approximately 46.1% in Q3 of fiscal 2026 despite a 2% decline in sales. Management attributes this to strategic pricing, product renewal, improved productivity, and the use of technology in the supply chain, in addition to portfolio simplification through Contractor Select, Design Select, and Made-to-Order. The company faces metals inflation, administrative expenses, and an expected 12% increase in medical costs, as well as memory supply risks concentrated in Acuity Intelligent Spaces.
The company generated $520 million in operating cash flow during the first nine months of fiscal 2026, up $121 million from the comparable period. During this period, it repaid $200 million of its term loan, increased the quarterly dividend by 18%, and repurchased more than 766 thousand shares for $230 million. It also replaced its existing credit facility with an $800 million five-year unsecured revolving facility to increase financial flexibility and extend maturities.
