Acuity Inc (NYSE: AYI) is a lighting and building technology company that manufactures and sells lighting products and intelligent spaces solutions through two operating segments: Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS). Revenue is generated through transactional product sales to commercial, industrial, and institutional customers, with segment economics driven by gross profit on manufactured and purchased finished goods. ABL produced net sales of $3,612.2 million in FY2025 (fiscal year ended August 31, 2025), up 1.1% from $3,573.4 million in FY2024. The company operates eighteen manufacturing facilities across Mexico (seven), the United States (six), Canada (three), and Europe (two), with 76% of finished goods manufactured internally and 24% purchased externally. Neil M. Ashe serves as Chairman, President, and Chief Executive Officer. Acuity holds approximately 1,700 patent assets as of August 31, 2025, covering issued and pending U.S. and foreign patents.
Lighting fixtures, lighting controls, and intelligent spaces solutions sold under the ABL and AIS segments. The company holds approximately 1,700 patent assets as of August 31, 2025 covering these product lines. Finished goods are a blend of internally manufactured (76%) and externally purchased (24%) products in FY2025.
Transactional product sales across two segments: ABL (lighting fixtures and controls) and AIS (intelligent building solutions). ABL generated $3,612.2 million in net sales and $590.6 million in operating profit for FY2025. Revenue is subject to seasonality tied to construction activity, weather, and customer budget cycles.
Commercial, industrial, and institutional end markets. Demand is influenced by construction activity, renovation cycles, and annual budget cycles of major customers. Both ABL and AIS segments exhibit seasonal patterns tied to construction and installation programs, particularly in winter months.
Primary manufacturing in Mexico (seven facilities, 55% of finished goods manufactured) and the United States (six facilities, 16% manufactured). Also operates in Canada (three facilities) and Europe (two facilities). Sources contract-manufactured goods from Asia (15% of total finished goods in FY2025). Conducts cross-border transactions across multiple countries with exposure to foreign currency exchange rate fluctuations.
Loading...