Acuity Free Cash Flow from 2010 to 2024

AYI Stock  USD 249.60  2.54  1.03%   
Acuity Brands' Free Cash Flow is increasing with slightly volatile movements from year to year. Free Cash Flow is estimated to finish at about 617.5 M this year. Free Cash Flow is the amount of cash Acuity Brands generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2001-08-31
Previous Quarter
175.4 M
Current Value
88.2 M
Quarterly Volatility
46.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Acuity Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Acuity main balance sheet or income statement drivers, such as Interest Expense of 31.3 M, Selling General Administrative of 1.5 B or Total Revenue of 2.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0036 or PTB Ratio of 2.51. Acuity financial statements analysis is a perfect complement when working with Acuity Brands Valuation or Volatility modules.
  
This module can also supplement Acuity Brands' financial leverage analysis and stock options assessment as well as various Acuity Brands Technical models . Check out the analysis of Acuity Brands Correlation against competitors.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.

Latest Acuity Brands' Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Acuity Brands over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Acuity Brands' Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Acuity Brands' overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Acuity Free Cash Flow Regression Statistics

Arithmetic Mean323,504,500
Geometric Mean282,104,842
Coefficient Of Variation51.15
Mean Deviation137,666,467
Median262,000,000
Standard Deviation165,482,234
Sample Variance27384.4T
Range525.8M
R-Value0.90
Mean Square Error5387.4T
R-Squared0.82
Slope33,452,766
Total Sum of Squares383381.2T

Acuity Free Cash Flow History

2024617.5 M
2023588.1 M
2022511.4 M
2021259.8 M
2020364.9 M
2019449.9 M
2018441.7 M

Other Fundumenentals of Acuity Brands

Acuity Brands Free Cash Flow component correlations

About Acuity Brands Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Acuity Brands income statement, its balance sheet, and the statement of cash flows. Acuity Brands investors use historical funamental indicators, such as Acuity Brands's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Acuity Brands investors may use each financial statement separately, they are all related. The changes in Acuity Brands's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Acuity Brands's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Acuity Brands Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Acuity Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Free Cash Flow588.1 M617.5 M
Free Cash Flow Yield 0.11  0.09 
Free Cash Flow Per Share 14.47  15.19 
EV To Free Cash Flow 9.20  15.40 
Price To Free Cash Flows Ratio 9.03  14.37 
Free Cash Flow Operating Cash Flow Ratio 0.80  0.64 

Pair Trading with Acuity Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acuity Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acuity Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acuity Stock

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Moving against Acuity Stock

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The ability to find closely correlated positions to Acuity Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acuity Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acuity Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acuity Brands to buy it.
The correlation of Acuity Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acuity Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acuity Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acuity Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:
Check out the analysis of Acuity Brands Correlation against competitors.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Acuity Stock analysis

When running Acuity Brands' price analysis, check to measure Acuity Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acuity Brands is operating at the current time. Most of Acuity Brands' value examination focuses on studying past and present price action to predict the probability of Acuity Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acuity Brands' price. Additionally, you may evaluate how the addition of Acuity Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acuity Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acuity Brands. If investors know Acuity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acuity Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.105
Dividend Share
0.54
Earnings Share
11.96
Revenue Per Share
123.491
Quarterly Revenue Growth
(0.04)
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.