Analyst Ratings

Date	Action	Analyst	Rating	Target
Jan-12-26	Reiterated	Morgan Stanley	Overweight	$425 → $410
Jan-09-26	Reiterated	Robert W. Baird		$408 → $375
Oct-02-25	Reiterated	Morgan Stanley	Overweight	$335 → $425
Oct-02-25	Reiterated	Wells Fargo	Overweight	$380 → $405
Sep-25-25	Reiterated	Robert W. Baird		$335 → $360
Sep-02-25	Upgrade	Wells Fargo	Equal Weight → Overweight	$275 → $380
Jun-18-25	Reiterated	Robert W. Baird		$295 → $315
Apr-04-25	Reiterated	Morgan Stanley		$370 → $335
Apr-04-25	Reiterated	Robert W. Baird		$310 → $295
Apr-04-25	Reiterated	Wells Fargo	Equal Weight	$290 → $275

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 8/31/2025	FY 2024 8/31/2024	FY 2023 8/31/2023
Total Revenue	4,588	4,346	3,841	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	2,351	2,267	2,059
Gross Profit	2,235	2,079	1,782
Selling, General and Administrative Excl. Other	1,586	1,485	1,126
Research and Development	0	0	102
Other Operating Expense	34	0	0
Operating Income	614	594	553
Interest Expense	43	43	25
Unusual Expense	—	—	—
Non-Operating Income (Expense)	36	71	-21
Net Income Before Taxes	539	500	549
Income Taxes	109	104	126
Consolidated Net Income	430	397	423
Net Income From Continuing Operations	430	397	423
Net Income	430	397	423
EPS (Recurring)	13.98	12.85	13.68
EPS (Basic, Before Extraordinaries)	13.98	12.85	13.68
EPS (Diluted)	13.64	12.53	13.44
EBITDA	736	655	665
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	23.29	26.06	—
Price To Sales Ratio	2.15	2.33	—
Gross Margin	48.71	47.84	46.39
Operating Margin	13.38	13.67	14.40
Net Margin	9.37	9.13	11.01
Shares Outstanding	31	31	31
Market Capitalization	9,846	10,121	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Leibman Maya	Director	Apr 30 '26	Buy	288.83	200	57,766	400	May 04 12:00 AM
O'Shaughnessy Laura	Director	Apr 08 '26	Buy	282.98	1,000	282,980	3,111	Apr 10 12:00 AM
HOLCOM KAREN J	SVP & Chief Financial Officer	Jan 28 '26	Option Exercise	239.76	1,794	430,130	26,497	Jan 30 12:00 AM
HOLCOM KAREN J	SVP & Chief Financial Officer	Jan 28 '26	Sale	309.23	4,974	1,538,110	21,523	Jan 30 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Oct 28 '25	Sale	365.11	4,489	1,638,991	6,056	Oct 30 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Oct 24 '25	Option Exercise	131.31	9,374	1,230,944	15,232	Oct 27 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Oct 24 '25	Sale	368.01	4,687	1,724,881	10,545	Oct 27 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Jul 01 '25	Sale	298.30	4,125	1,230,504	6,638	Jul 03 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Jul 01 '25	Option Exercise	239.76	4,650	1,114,884	10,763	Jul 03 12:00 AM
HOLCOM KAREN J	SVP & Chief Financial Officer	Jun 27 '25	Sale	301.04	6,000	1,806,240	18,696	Jul 01 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Oct 28 '24	Sale	305.00	5,120	1,561,600	8,438	Oct 29 12:00 AM
GOLDMAN BARRY R	SVP & General Counsel	Oct 28 '24	Option Exercise	207.80	4,290	891,462	13,558	Oct 29 12:00 AM
Leibman Maya	Director	Apr 25 '24	Buy	248.91	200	49,782	200	Apr 26 12:00 AM
HOLCOM KAREN J	SVP & Chief Financial Officer	Apr 04 '24	Option Exercise	195.29	6,978	1,362,736	28,032	Apr 05 12:00 AM
HOLCOM KAREN J	SVP & Chief Financial Officer	Apr 04 '24	Sale	262.24	7,745	2,031,049	20,287	Apr 05 12:00 AM


Market Cap	9.27B	Forward P/E	14.89	EPS next Y	21.33	Insider Trans	-0.01%	Shs Float	-	Perf Month	16.75%


Enterprise Value	9.80B	PEG	6.13	EPS next Q	5.16	Inst Own	-	Short Float	-	Perf Quarter	18.60%


Income	425.32M	P/S	2.02	EPS this Y	43.44%	Inst Trans	-	Short Ratio	-	Perf Half Y	-11.12%


Sales	4.59B	P/B	3.30	EPS next Y	9.00%	ROA	9.43%	Short Interest	-	Perf YTD	-11.78%


Book/sh	93.70	P/C	14.64	EPS next 5Y	8.65%	ROE	15.71%	52W High	380.16 -16.45%	Perf Year	17.19%


Cash/sh	9.00	P/FCF	16.60	EPS past 3/5Y	-	ROIC	12.70%	52W Low	257.04 23.57%	Perf 3Y	-


Dividend Est.	0.74 (0.23%)	EV/EBITDA	13.32	Sales past 3/5Y	2.75% 5.50%	Gross Margin	48.73%	Volatility	2.90% 2.35%	Perf 5Y	-


Dividend TTM	0.74 (0.23%)	EV/Sales	2.14	EPS Y/Y TTM	39.43%	Oper. Margin	13.38%	ATR (14)	10.57	Perf 10Y	-


Dividend Ex-Date	Apr 17, 2026	Quick Ratio	1.36	Sales Y/Y TTM	19.45%	Profit Margin	9.37%	RSI (14)	63.14	Recom	2.61


Dividend Gr. 3/5Y	9.35% 5.51%	Current Ratio	2.07	EPS Q/Q	18.14%	SMA20	5.80%	Beta	1.41	Target Price	392.50


Payout	5.17%	Debt/Eq	0.28	Sales Q/Q	4.97%	SMA50	8.67%	Rel Volume	1.88	Prev Close	305.66


Employees	13,200	LT Debt/Eq	0.36	Earnings	Jun 25	SMA200	-1.38%	Avg Volume	357.03K	Price	317.62


IPO Date	Dec 03, 2001	Option/Short	Yes / Yes	EPS/Sales Surpr.	3.76% 0.00%	Net Debt/EBITDA	0.73	Volume	672,966	Change	3.91%

AYI