AYI Acuity Brands margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 79

Gross margin

49.3%

Operating margin

14.5%

EBITDA margin

17.2%

Net margin

10.3%

Based on the latest figures, Acuity Brands reports a gross margin of 49.3%, an operating margin of 14.5%, an EBITDA margin of 17.2%, and a net margin of 10.3%. Gross margin had the largest improvement, gaining by 1.9 percentage points, while the other available margins also increased.

AYI margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Acuity Brands recorded average margins of 46.91% gross, 13.51% operating, 15.81% EBITDA, and 9.95% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

AYI margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with gross and EBITDA margins showing the largest gain at 1.9 percentage points.

Gross margin expansion

1.9pp

Operating margin expansion

1.5pp

EBITDA margin expansion

1.9pp

Net margin expansion

0.7pp

AYI Gross margin

Across the last 3 years, Acuity Brands's gross margin averaged 46.91%. The current gross margin stands at 49.3%, 2.4 percentage points above its three-year average. Gross margin was highest at 49.3% in May 2026 and lowest at 44.4% in Nov 2023.

AYI Operating margin

The average operating margin for Acuity Brands was 13.51% during the last 3 years. At present, the current operating margin for Acuity Brands is 14.5%, 1 percentage points above its three-year average. The operating margin for Acuity Brands moved between 12.8% in Nov 2023 and 14.5% in May 2026.

AYI EBITDA margin

Across the last 3 years, Acuity Brands's EBITDA margin averaged 15.81%. Acuity Brands's current EBITDA margin is 17.2% and is 1.4 percentage points above its three-year average. EBITDA margin was highest at 17.2% in May 2026 and lowest at 15.1% in Nov 2023.

AYI Net margin

Over the last 3 years, the average net margin for Acuity Brands was 9.95%. The latest net margin for Acuity Brands is 10.3%, 0.4 percentage points above its three-year average. Acuity Brands's net margin ranged from a low of 9% in Nov 2025 to a high of 11.1% in Nov 2024.

AYI margin group comparison

Margins compared with peer-group, industry and sector averages

Acuity Brands's gross margin of 49.3% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.6%, Acuity Brands's gross margin is 51% higher.

AYI margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Acuity Brands's gross margin?

For the period ending May 31, 2026, AYI recorded a gross margin of 49.3%.

What is Acuity Brands's operating margin?

As of May 31, 2026, AYI has an operating margin of 14.5%.

What is Acuity Brands's EBITDA margin?

For the period ending May 31, 2026, AYI recorded an EBITDA margin of 17.2%.

What is Acuity Brands's net margin?

For the period ending May 31, 2026, AYI recorded a net margin of 10.3%.

What are the average margins of AYI?

Acuity Brands's average margins over the last 3 years were 46.9% gross, 13.5% operating, 15.8% EBITDA, and 10.0% net.

What are the highest historical margins of AYI?

Over this 5-year history, AYI peaked at 49.3% gross in May 2026, 14.5% operating in May 2026, 17.2% EBITDA in May 2026, and 11.1% net in Nov 2024.

What are the lowest historical margins of AYI?

Across the 5-year period, AYI posted its lowest margins at 41.8% gross in Aug 2022, 12% operating in Aug 2023, 14.1% EBITDA in Aug 2023, and 8.8% net in Aug 2023.