Acuity Brands, Inc. (AYI) Balance Sheet
AYI balance sheet, FY2026
August 31, 2026 · U.S. dollars$4.87B assets = $1.90B liabilities + $2.97B equity
Both columns are drawn to the same scale: what AYI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AYI financial health
Current ratio1.69
Comfortable · current assets cover current liabilities 1.69×
Debt / equity0.23
Low leverage · $0.23 of debt for each $1 of equity
Equity / assets61.0%
Equity-funded · of assets funded by shareholders
Cash / debt91.2%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
AYI balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.90BFY2017 | $4.87BFY2026 | +5.9%/yr | |
| Total liabilities | $1.23BFY2017 | $1.90BFY2026 | +4.9%/yr | |
| Shareholders’ equity | $1.67BFY2017 | $2.97BFY2026 | +6.7%/yr | |
| Cash & short-term investments | $311.1MFY2017 | $636.3MFY2026 | +8.3%/yr | |
| Total debt | $356.9MFY2017 | $697.4MFY2026 | +7.7%/yr | |
| Net cash (debt) | −$45.8MFY2017 | −$61.1MFY2026 | −$15.3M | |
| Working capital | $644.7MFY2017 | $762.3MFY2026 | +$117.6M | |
| Book value per share | $38.47FY2017 | $95.48FY2026 | +10.6%/yr | |
| Current ratio | 2.07FY2017 | 1.69FY2026 | −0.38 | |
| Debt / equity | 0.21FY2017 | 0.23FY2026 | +0.02 | |
| Shares outstanding | 43.3MFY2017 | 31.2MFY2026 | −3.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AYI assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
AYI liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
AYI debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AYI balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $636.3M | $422.5M | $845.8M | $397.9M | $223.2M | $491.3M | $560.7M | $461.0M | $129.1M | $311.1M |
| Cash & equivalents | $636.3M | $422.5M | $845.8M | $397.9M | $223.2M | $491.3M | $560.7M | $461.0M | $129.1M | $311.1M |
| Short-term investments | — | — | −$1.55B | — | — | — | — | — | $0 | $0 |
| Receivables | $632.1M | $593.9M | $563.0M | $555.3M | $665.9M | $571.8M | $500.3M | $561.0M | $637.9M | $573.3M |
| Inventory | $450.4M | $526.7M | $387.6M | $368.5M | $485.7M | $398.7M | $320.1M | $340.8M | $411.8M | $328.6M |
| Other current assets | $140.4M | $108.4M | $75.1M | $73.5M | $87.9M | $82.5M | $58.6M | $79.0M | $32.3M | $32.6M |
| Total current assets | $1.86B | $1.65B | $1.87B | $1.40B | $1.46B | $1.54B | $1.44B | $1.44B | $1.21B | $1.25B |
| Property, plant & equipment (net) | $356.8M | $440.6M | $369.5M | $297.6M | $351.4M | $269.1M | $333.9M | $277.3M | $286.7M | $287.7M |
| Goodwill & intangible assets | $0 | $2.59B | $1.54B | $1.58B | $1.61B | $1.67B | $1.69B | $1.43B | $1.47B | $1.35B |
| Long-term investments | $0 | $5.1M | $6.7M | $7.2M | $11.9M | $5.3M | $6.0M | $0 | $0 | $0 |
| Other non-current assets | $2.66B | $63.5M | $27.7M | $129.4M | $37.4M | $88.5M | $26.2M | $20.0M | $21.7M | $16.6M |
| Total assets | $4.87B | $4.76B | $3.81B | $3.41B | $3.48B | $3.58B | $3.49B | $3.17B | $2.99B | $2.90B |
| Liabilities | ||||||||||
| Accounts payable | $443.8M | $454.5M | $352.3M | $285.7M | $397.8M | $391.5M | $326.5M | $338.8M | $451.1M | $395.1M |
| Short-term debt | $200.0M | $23.3M | $19.2M | $19.7M | $33.7M | $15.9M | $41.5M | $9.1M | $400,000 | $400,000 |
| Deferred revenue | — | $21.4M | $17.4M | −$19.7M | $11.4M | $7.7M | $5.4M | — | — | — |
| Total current liabilities | $1.10B | $845.8M | $687.9M | $595.4M | $733.6M | $692.2M | $617.6M | $596.1M | $682.7M | $600.9M |
| Long-term debt | $0 | $896.8M | $496.2M | $495.6M | $495.0M | $494.3M | $376.8M | $347.5M | $356.4M | $356.5M |
| Lease obligations | — | $107.6M | $77.3M | $95.2M | $83.1M | $62.6M | $74.0M | — | — | — |
| Other long-term liabilities | $802.3M | $287.7M | $251.7M | $302.1M | $336.5M | $344.1M | $369.8M | $309.9M | $232.9M | $276.6M |
| Total liabilities | $1.90B | $2.03B | $1.44B | $1.39B | $1.57B | $1.53B | $1.36B | $1.25B | $1.27B | $1.23B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.97B | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 |
| Retained earnings (deficit) | — | $4.29B | $3.91B | $3.51B | $3.18B | $2.81B | $2.52B | $2.30B | $2.00B | $1.66B |
| Treasury stock | — | — | — | — | −$2.18B | −$1.66B | −$1.23B | −$1.16B | −$1.07B | −$776.1M |
| Accumulated other comprehensive income | — | −$76.5M | −$114.9M | −$112.6M | −$125.8M | −$98.2M | −$132.7M | −$151.4M | −$114.8M | −$99.7M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $2.97B | $2.72B | $2.38B | $2.02B | $1.91B | $2.04B | $2.13B | $1.92B | $1.72B | $1.67B |
| Key figures | ||||||||||
| Total debt | $697.4M | $1.00B | $573.5M | $515.3M | $596.1M | $510.2M | $475.1M | $356.6M | $356.8M | $356.9M |
| Net cash (debt) | −$61.1M | −$581.9M | $272.3M | −$117.4M | −$372.9M | −$18.9M | $85.6M | $104.4M | −$227.7M | −$45.8M |
| Working capital | $762.3M | $805.7M | $1.18B | $799.8M | $729.1M | $852.1M | $822.1M | $845.7M | $528.4M | $644.7M |
| Tangible book value | $2.97B | $130.4M | $839.6M | $436.3M | $298.3M | $376.6M | $441.6M | $485.6M | $247.5M | $315.9M |
| Book value per share | $95.48 | $86.12 | $75.65 | $62.66 | $55.18 | $55.86 | $53.72 | $48.21 | $41.87 | $38.47 |
| Shares outstanding | 31.2M | 31.6M | 31.4M | 32.2M | 34.6M | 36.6M | 39.6M | 39.8M | 41.0M | 43.3M |
| Current ratio | 1.69 | 1.95 | 2.72 | 2.34 | 1.99 | 2.23 | 2.33 | 2.42 | 1.77 | 2.07 |
| Quick ratio | 1.16 | 1.20 | 2.05 | 1.60 | 1.21 | 1.54 | 1.72 | 1.71 | 1.12 | 1.47 |
| Debt / equity | 0.23 | 0.37 | 0.24 | 0.26 | 0.31 | 0.25 | 0.22 | 0.19 | 0.21 | 0.21 |
| Equity / assets | 61.0% | 57.3% | 62.4% | 59.1% | 55.0% | 57.2% | 60.9% | 60.5% | 57.4% | 57.4% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $636.3M | $411.9M | $272.5M | $376.1M | $422.5M | $371.8M | $397.9M | $935.6M | $845.8M | $699.0M | $578.9M | $513.3M |
| Cash & equivalents | $636.3M | $411.9M | $272.5M | $376.1M | $422.5M | $371.8M | $397.9M | $935.6M | $845.8M | $699.0M | $578.9M | $513.3M |
| Receivables | $632.1M | $610.9M | $579.0M | $565.3M | $593.9M | $608.6M | $577.6M | $534.7M | $563.0M | $512.3M | $494.9M | $517.1M |
| Inventory | $450.4M | $458.3M | $515.2M | $518.1M | $526.7M | $486.0M | $471.9M | $391.1M | $387.6M | $372.3M | $375.8M | $365.3M |
| Other current assets | $140.4M | $137.4M | $138.5M | $122.0M | $108.4M | $122.6M | $111.4M | $75.9M | $75.1M | $90.4M | $97.2M | $78.4M |
| Total current assets | $1.86B | $1.62B | $1.51B | $1.58B | $1.65B | $1.59B | $1.56B | $1.94B | $1.87B | $1.67B | $1.55B | $1.47B |
| Property, plant & equipment (net) | $356.8M | $442.7M | $452.2M | $448.6M | $440.6M | $401.6M | $404.4M | $360.9M | $369.5M | $369.7M | $372.2M | $372.7M |
| Goodwill & intangible assets | $0 | $2.52B | $2.55B | $2.57B | $2.59B | $2.60B | $2.58B | $1.53B | $1.54B | $1.55B | $1.56B | $1.57B |
| Long-term investments | $0 | $0 | $0 | $0 | $5.1M | $0 | $0 | $0 | $6.7M | $0 | $0 | $0 |
| Other non-current assets | $2.66B | $50.7M | $47.3M | $54.6M | $63.5M | $54.8M | $43.1M | $34.0M | $27.7M | $49.6M | $46.8M | $48.4M |
| Total assets | $4.87B | $4.64B | $4.56B | $4.65B | $4.76B | $4.65B | $4.58B | $3.86B | $3.81B | $3.64B | $3.53B | $3.46B |
| Liabilities | ||||||||||||
| Accounts payable | $443.8M | $363.9M | $354.6M | $396.2M | $454.5M | $409.0M | $352.6M | $331.5M | $352.3M | $323.3M | $322.4M | $311.8M |
| Short-term debt | $200.0M | $27.0M | $26.3M | $25.4M | $23.3M | $23.3M | $124.3M | $18.9M | $19.2M | $19.3M | $19.6M | $19.3M |
| Deferred revenue | — | $23.0M | $23.3M | $22.4M | $21.4M | $20.8M | $20.6M | $17.0M | $17.4M | $15.0M | $16.2M | $13.3M |
| Total current liabilities | $1.10B | $788.3M | $728.1M | $762.4M | $845.8M | $799.5M | $801.1M | $650.6M | $687.9M | $605.3M | $597.9M | $600.6M |
| Long-term debt | $0 | $697.3M | $697.1M | $797.0M | $896.8M | $996.7M | $996.5M | $496.3M | $496.2M | $496.0M | $495.9M | $495.7M |
| Lease obligations | — | $107.0M | $111.1M | $113.1M | $107.6M | $88.9M | $95.6M | $73.3M | $77.3M | $82.7M | $87.1M | $89.3M |
| Other long-term liabilities | $802.3M | $298.3M | $292.5M | $298.7M | $287.7M | $266.1M | $263.7M | $254.0M | $251.7M | $286.9M | $282.4M | $303.5M |
| Total liabilities | $1.90B | $1.78B | $1.72B | $1.86B | $2.03B | $2.06B | $2.06B | $1.40B | $1.44B | $1.39B | $1.38B | $1.40B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.97B | $600,000 | $600,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 | $500,000 |
| Retained earnings (deficit) | — | $4.63B | $4.49B | $4.40B | $4.29B | $4.18B | $4.08B | $4.01B | $3.91B | $3.80B | $3.69B | $3.60B |
| Accumulated other comprehensive income | — | −$71.6M | −$60.7M | −$81.4M | −$76.5M | −$114.6M | −$142.9M | −$131.7M | −$114.9M | −$111.9M | −$112.7M | −$114.1M |
| Total shareholders' equity | $2.97B | $2.85B | $2.84B | $2.79B | $2.72B | $2.58B | $2.52B | $2.46B | $2.38B | $2.25B | $2.15B | $2.06B |
| Key figures | ||||||||||||
| Total debt | $697.4M | $804.3M | $808.2M | $910.1M | $1.00B | $1.09B | $1.19B | $569.6M | $573.5M | $578.7M | $583.0M | $585.0M |
| Net cash (debt) | −$61.1M | −$392.4M | −$535.7M | −$534.0M | −$581.9M | −$713.8M | −$794.2M | $366.0M | $272.3M | $120.3M | −$4.1M | −$71.7M |
| Working capital | $762.3M | $830.2M | $777.1M | $819.1M | $805.7M | $789.5M | $757.7M | $1.29B | $1.18B | $1.07B | $948.9M | $873.5M |
| Tangible book value | $2.97B | $328.0M | $287.0M | $226.5M | $130.4M | −$16.9M | −$55.0M | $931.3M | $839.6M | $705.1M | $589.6M | $495.4M |
| Book value per share | $96.71 | $92.12 | $90.58 | $88.52 | $86.41 | $81.86 | $79.51 | $77.47 | $75.49 | $71.63 | $68.46 | $65.81 |
| Shares outstanding | 30.8M | 31.0M | 31.4M | 31.6M | 31.5M | 31.6M | 31.7M | 31.8M | 31.5M | 31.5M | 31.4M | 31.4M |
| Current ratio | 1.69 | 2.05 | 2.07 | 2.07 | 1.95 | 1.99 | 1.95 | 2.98 | 2.72 | 2.77 | 2.59 | 2.45 |
| Quick ratio | 1.16 | 1.30 | 1.17 | 1.23 | 1.20 | 1.23 | 1.22 | 2.26 | 2.05 | 2.00 | 1.80 | 1.72 |
| Debt / equity | 0.23 | 0.28 | 0.28 | 0.33 | 0.37 | 0.42 | 0.47 | 0.23 | 0.24 | 0.26 | 0.27 | 0.28 |
| Equity / assets | 61.0% | 61.5% | 62.3% | 60.1% | 57.3% | 55.6% | 55.0% | 63.7% | 62.4% | 61.9% | 61.0% | 59.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed October 1, 2026); data from EODHD.
AYI financial position
At the end of fiscal 2026 (August 31, 2026), Acuity Brands had total assets of $4.9 billion (up 2.5% from a year earlier), total liabilities of $1.9 billion and shareholders' equity of $3.0 billion. It held $636.3 million in cash and short-term investments against $697.4 million of debt, net debt of $61.1 million. Its current ratio was 1.69.
Related: AYI income statement, AYI cash flow statement, AYI key metrics. See the AYI stock overview for the latest quote and news.
AYI balance sheet FAQ
What are Acuity Brands's total assets?
Acuity Brands reported total assets of $4.9 billion at the end of fiscal 2026 (August 31, 2026), compared with $4.8 billion a year earlier.
How much debt does Acuity Brands have?
Acuity Brands had $697.4 million of total debt at the end of fiscal 2026, including short-term borrowings. Its debt-to-equity ratio was 0.23.
How much cash does Acuity Brands have?
Acuity Brands held $636.3 million in cash and short-term investments at the end of fiscal 2026; with $697.4 million of debt that is net debt of $61.1 million.
What is Acuity Brands's book value?
Acuity Brands's shareholders' equity (book value) was $3.0 billion at the end of fiscal 2026, or $95.48 per share.
What is Acuity Brands's current ratio?
Acuity Brands had current assets of $1.9 billion and current liabilities of $1.1 billion, a current ratio of 1.69 (it can cover its short-term obligations).