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Acuity Inc.
AYI · NYSEIndustrials — Lighting & Building Products
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputsmaterials, equipment & da…Operatorsthe companies at the cent…Products &serviceswhat they make & runDistribution &logisticshow it gets thereCustomers &end marketswho paysLEDLED chips & light enginesELXDrivers & electronicsMTLSteel, aluminum & opticsCMContract manufacturersZRCCIRCADIAN ZircLightAYIAcuityABLAcuity Brands LightingBMSDistech / nLight controlsQSCQ-SYS / QSCATRAtriusISAIndependent sales agentsR(DGRetailers (Home Depot, Grainger)DISTElectrical distributorsCOMCommercial buildingsEDUSchools, campuses & venues+ thousandsRC&IRoads, cities & industrial
Company details
Market cap
$9.9B
P/E ratio
22×
Div yield
0.24%
EPS (TTM)
$15.06
Profit margin
10%
Rev. growth
+13%
Revenue
$4.3B
Free cash flow
$550M
In plain English
Acuity (renamed from Acuity Brands in 2025) is North America's largest lighting company — it designs and builds the luminaires and lighting controls behind brands like Lithonia and Holophane — and is bolting on an Intelligent Spaces business (Distech building controls plus the Q-SYS / QSC audio-video platform it bought for $1.2B) to run whole buildings, not just light them.
In simple terms
From LED chip to lit building
Acuity buys LED chips, drivers and metal, builds them into fixtures and controls (Lithonia, Holophane, Distech, Q-SYS), and sells almost everything through independent agents and electrical distributors to commercial buildings — so it rarely touches the end customer directly.
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Risk read
Moderate
SteadierMore speculative
Why this rating?