Acuity Brands Inc (AYI)
Return on equity (ROE)
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 377,700 | 371,700 | 346,000 | 378,500 | 379,200 | 371,300 | 384,000 | 366,700 | 346,700 | 334,300 | 306,300 | 281,900 | 256,600 | 250,900 | 248,300 | 270,700 | 298,700 | 307,800 | 330,400 | 342,500 |
| Total stockholders’ equity | US$ in thousands | 2,149,600 | 2,064,100 | 2,015,400 | 1,969,800 | 1,947,600 | 1,903,500 | 1,911,800 | 1,918,600 | 2,104,300 | 2,072,900 | 2,044,500 | 2,039,100 | 1,932,500 | 1,937,000 | 2,127,500 | 2,095,700 | 2,045,100 | 1,987,300 | 1,918,900 | 1,884,900 |
| ROE | 17.57% | 18.01% | 17.17% | 19.22% | 19.47% | 19.51% | 20.09% | 19.11% | 16.48% | 16.13% | 14.98% | 13.82% | 13.28% | 12.95% | 11.67% | 12.92% | 14.61% | 15.49% | 17.22% | 18.17% |
February 29, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $377,700K ÷ $2,149,600K
= 17.57%
Acuity Brands Inc's return on equity (ROE) has shown fluctuation over the past several quarters. The ROE ranged from a low of 11.67% in May 2020 to a high of 20.09% in August 2022.
From November 2020 to November 2021, the ROE gradually increased from 12.95% to 17.22%. However, there was a slight dip in the ROE in the subsequent quarters, with a decrease to 16.13% in February 2022.
Subsequently, Acuity Brands Inc experienced an upward trend in ROE, reaching a peak of 20.09% in August 2022. However, the ROE then declined to 16.48% in February 2023, before gradually recovering to 19.47% by the end of May 2023.
The most recent values indicate that the ROE stood at 17.57% in February 2024, showing a slight decrease from the previous quarter. Overall, the company's ROE has demonstrated variability over the analyzed period, with some fluctuations in performance.
Peer comparison
Feb 29, 2024