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Acuity Brands (Acuity Brands) Gross Profit : $1,731 Mil (TTM As of Feb. 2024)


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What is Acuity Brands Gross Profit?

Acuity Brands's gross profit for the three months ended in Feb. 2024 was $412 Mil. Acuity Brands's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $1,731 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Acuity Brands's gross profit for the three months ended in Feb. 2024 was $412 Mil. Acuity Brands's Revenue for the three months ended in Feb. 2024 was $906 Mil. Therefore, Acuity Brands's Gross Margin % for the quarter that ended in Feb. 2024 was 45.52%.

Acuity Brands had a gross margin of 45.52% for the quarter that ended in Feb. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Acuity Brands was 44.94%. The lowest was 40.29%. And the median was 42.21%.


Acuity Brands Gross Profit Historical Data

The historical data trend for Acuity Brands's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Acuity Brands Gross Profit Chart

Acuity Brands Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,479.70 1,402.40 1,475.00 1,672.70 1,713.20

Acuity Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 406.70 447.30 442.70 428.40 412.40

Competitive Comparison of Acuity Brands's Gross Profit

For the Electrical Equipment & Parts subindustry, Acuity Brands's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acuity Brands's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acuity Brands's Gross Profit distribution charts can be found below:

* The bar in red indicates where Acuity Brands's Gross Profit falls into.



Acuity Brands Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Acuity Brands's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=3952.2 - 2239
=1,713

Acuity Brands's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=905.9 - 493.5
=412

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,731 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Acuity Brands's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=412 / 905.9
=45.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Acuity Brands  (NYSE:AYI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Acuity Brands had a gross margin of 45.52% for the quarter that ended in Feb. 2024 => Durable competitive advantage


Acuity Brands Gross Profit Related Terms

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Acuity Brands (Acuity Brands) Business Description

Traded in Other Exchanges
Address
1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, USA, 30309
Acuity Brands Inc is the parent company of Acuity Brands Lighting and other subsidiaries, which provide lighting products for commercial, institutional, industrial, and residential applications. These products include luminaires, lighting controls, lighting components, and integrated lighting systems that use a combination of light sources. Customers include electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A majority of the firms' revenue is generated in the United States.
Executives
Dianne B Mills officer: SVP & Chief HR Officer C/O ACUITY BRANDS, INC., 1170 PEACHTREE STREET, NE, STE 2300, ATLANTA GA 30309
Barry R Goldman officer: SVP & General Counsel 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 30309
Laura O'shaughnessy director C/O VROOM, INC., 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Karen J Holcom officer: Interim CFO 1170 PEACHTREE STREET, NE, SUITE 2400, ATLANTA GA 30309
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054
Marcia J Avedon director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Mark Sachleben director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Mary A Winston director 557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012
Maya Leibman director 4333 AMON CARTER BLVD, FORT WORTH TX 76155
Neil Ashe director, officer: President & CEO C/O ACUITY BRANDS, INC., 1170 PEACHTREE STREET, NE, STE 2300, ATLANTA GA 30309
Robert F Mccullough director 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Dillard George Douglas Jr director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
W. Patrick Battle director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA X1 30309

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