AYI vs LII vs SPXC Stock Comparison

Acuity Inc. (De), Lennox International and SPX Technologies Prices as of Oct 29, 2026 Peers: Industry group
AYI Acuity Inc. (De)
$327.36 +6.1% 1M -9.4% 1Y
Market cap
$9.72B
P/E
18.7x
Revenue (TTM)
$4.64B
Div. yield
0.24%
Building Products Industrials
4 wins

Head to Head

12 decided of 12

Lennox International leads on 6 of the 12 questions below (Lennox International 6, Acuity Inc. (De) 4, SPX Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAYILIISPXCLeader
Larger companyMarket capitalisation $9.72B $11.91B $8.39B LII
Cheaper on earningsLower P/E, profitable companies only 18.7x 16.0x 31.0x LII
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.4x 15.4x 19.5x LII
Faster revenue growthRevenue growth, trailing twelve months +6.8% +1.9% +20.2% SPXC
More profitableNet margin, trailing twelve months 11.4% 13.8% — LII
Better return on capitalReturn on invested capital 15.4% 27.6% — LII
Less leveragedLower net debt / EBITDA 0.1x 1.4x — AYI
Higher dividend yieldTrailing dividend yield 0.24% 1.53% 0.00% LII
Better 1-year returnPrice return, last 12 months -9.4% -28.6% -16.2% AYI
Better 5-year returnAnnualised price return, 5 years +9.8%/yr +3.1%/yr +23.6%/yr SPXC
Less volatileAnnualised volatility, 1 year 38.1% 42.8% 41.5% AYI
Higher overall scoreMean of the five percentile scores vs peers 81/100 63/100 53/100 AYI

Percentile Scorecard

AYILIISPXC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAYILIISPXC
Valuation 76 #14 of 55 61 #22 of 55 17 #46 of 55
Growth 84 #9 of 51 56 #23 of 51 100 #1 of 51
Profitability 77 #12 of 49 100 #1 of 49 42 #29 of 49
Financial Health 87 #8 of 55 28 #40 of 55 –
Shareholder Returns 82 #8 of 40 72 #12 of 40 –
Overall 81 63 53
  • AYI ranked among 59 companies in Construction Products
  • LII ranked among 59 companies in Construction Products
  • SPXC ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAYILIISPXCSPY
1 month +6.1%-3.3%-1.8% +0.7%
3 months -3.0%-16.6%-15.9% +3.7%
6 months +13.0%-34.9%-23.5% +7.1%
Year to date -9.1%-28.3%-16.3% +12.8%
1 year -9.4%-28.6%-16.2% +11.9%
3 years +105.6%-4.7%+110.9% +85.2%
3 years, per year +27.2%-1.6%+28.3% +22.8%
5 years +59.4%+16.3%+188.4% +67.6%
5 years, per year +9.8%+3.1%+23.6% +10.9%
10 years +46.7%+137.8%+785.0% +262.0%
10 years, per year +3.9%+9.0%+24.4% +13.7%

Risk

MeasureAYILIISPXCSPY
Volatility, 1Y 38.1%42.8%41.5% 12.7%
Downside volatility, 1Y 41.7%48.6%41.8% 12.6%
Beta vs S&P 500, 1Y 1.391.291.74 1.00
Return / volatility, 1Y -0.25-0.67-0.39 0.94
Max drawdown, 5Y -34.7%-51.0%-38.3% -25.4%
From 52-week high -13.1%-39.2%-32.0% -1.2%
52-week high $376.69$572.95$246.41 $779.14
52-week low $257.79$332.41$160.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAYILIISPXC
P/E now vs peer median 18.7xmedian 20.3x 16.0xmedian 20.3x 31.0xmedian 20.3x
P/S now vs peer median 2.1xmedian 1.6x 2.2xmedian 1.6x 3.2xmedian 1.6x
EV/EBITDA now vs peer median 11.2xmedian 12.6x 11.7xmedian 12.6x —median 12.6x
P/FCF now vs peer median 13.0xmedian 16.9x 14.3xmedian 16.9x 28.4xmedian 16.9x
P/B now vs peer median 3.3xmedian 3.0x 9.0xmedian 3.0x 3.4xmedian 3.0x
PEG now vs peer median 1.13median 1.13 1.24median 1.13 —median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAYILIISPXC
Revenue $4.64B $5.45B $2.60B
Gross profit $2.35B $1.78B –
Operating income $713.70M $1.03B $418.10M
Net income $531.30M $749.90M $298.10M
Free cash flow $747.90M $835.70M –
EPS (diluted) $17.06 $21.74 –
Cash & equivalents $636.30M $43.30M $119.20M
Total debt $697.40M $1.62B –
Shares (diluted) 31.15M 34.50M 50.68M
Enterprise value $8.02B $11.73B $8.39B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAYILIISPXC
P/E 18.7x 16.0x 31.0x
P/FCF 13.0x 14.3x 28.4x
P/Operating cash flow 11.8x 12.0x 22.3x
P/S 2.1x 2.2x 3.2x
P/B 3.3x 9.0x 3.4x
P/Tangible book 4.9x 12.1x 8.9x
EV/EBITDA 11.2x 11.7x –
EV/EBIT 13.7x 13.1x –
EV/Revenue 2.1x 2.5x 3.2x
EV/FCF 13.1x 16.1x –
EV/Operating cash flow 11.8x 13.6x 22.3x
PEG (3Y EPS CAGR) 1.13 1.24 –

Growth

14 metrics
MetricAYILIISPXC
Revenue growth (1Y) 6.8% 1.9% 20.2%
Revenue CAGR (3Y) 5.5% 3.4% 15.2%
Gross profit growth (1Y) 13.1% -1.6% –
Gross profit CAGR (3Y) 11.1% 6.3% –
Operating income growth (1Y) 26.6% -6.4% 22.8%
Operating income CAGR (3Y) 14.7% 11.7% 46.2%
Net income growth (1Y) 34.0% -13.3% 33.6%
Net income CAGR (3Y) 15.4% 11.6% 112.4%
EPS growth (1Y) 36.1% -11.6% –
EPS CAGR (3Y) 16.6% 12.8% –
Operating cash flow growth (1Y) 37.3% 44.6% 22.7%
Operating cash flow CAGR (3Y) 12.6% 20.7% 58.9%
Free cash flow growth (1Y) 40.3% 56.4% –
Free cash flow CAGR (3Y) 13.5% 27.5% –

Profitability

14 metrics
MetricAYILIISPXC
Gross margin 50.6% 32.6% –
EBITDA margin 18.7% 21.2% –
Operating margin 15.4% 18.8% –
Pretax margin 14.7% 17.6% –
Net margin 11.4% 13.8% –
FCF margin 16.1% 15.3% –
Operating cash flow margin 17.8% 18.2% 14.5%
Return on equity 18.2% 57.4% 12.4%
Return on assets 11.2% 16.2% 6.8%
Return on invested capital 15.4% 27.6% –
Return on capital employed 19.5% 36.9% –
Asset turnover 1.0x 1.2x 0.6x
Cash conversion (OCF / net income) 1.6x 1.3x 1.3x
Stock comp / revenue 1.1% 0.4% 0.7%

Financial Health

11 metrics
MetricAYILIISPXC
Debt / assets 14.3% 34.6% –
Debt / equity 0.2x 1.2x –
Net debt / EBITDA 0.1x 1.4x –
Debt / FCF 0.9x 1.9x –
Liabilities / assets 39.0% 71.9% –
Equity / assets 61.0% 28.1% 50.4%
Interest coverage – 16.2x –
Current ratio 1.7x 1.2x 1.8x
Quick ratio 1.2x 0.5x –
Cash ratio 0.6x 0.0x –
Altman Z-score 6.07 5.70 –

Shareholder Returns

7 metrics
MetricAYILIISPXC
Dividend yield 0.2% 1.5% –
Net buyback yield 2.9% 3.7% –
Shareholder yield 3.1% 5.3% 0.0%
Payout ratio (earnings) 4.5% 24.4% –
Payout ratio (FCF) 3.2% 21.9% –
Dividend growth (1Y) 15.5% 8.7% –
Dividend CAGR (3Y) 12.3% 6.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAYILIISPXC
Forward P/E 16.4xFY2027 15.4xFY2026 19.5xFY2026
EPS, next fiscal year $20.01FY2027 $22.65FY2026 $8.57FY2026
EPS growth, next FY +0.6%FY2027 -2.2%FY2026 +26.8%FY2026
EPS growth, the year after +21.7% +7.9% +20.1%
Revenue, next fiscal year $4.68BFY2027 $5.75BFY2026 $2.64BFY2026
Revenue growth, next FY +0.9%FY2027 +10.5%FY2026 +16.4%FY2026
Revenue growth, the year after +14.4% +7.7% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAYILIISPXC
Held by institutions 99.2% 77.3% 93.8%
Institutions holding 632 656 511
Change in shares held, QoQ +4.1% +1.8% +10.8%
Institutions buying 330 316 276
Institutions selling 191 236 162
Buyers to sellers 1.73 1.34 1.70

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AYILIISPXC
AYI 1.00 0.40 0.37
LII 0.40 1.00 0.42
SPXC 0.37 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AYI, LII and SPXC?

Lennox International (LII) is the largest by market capitalisation: Acuity Inc. (De) (AYI) $9.72B, Lennox International (LII) $11.91B, SPX Technologies (SPXC) $8.39B.

Which stock is cheaper, AYI, LII and SPXC?

Lennox International (LII) trades on the lowest price-to-earnings ratio (Acuity Inc. (De) (AYI) 18.7x, Lennox International (LII) 16.0x, SPX Technologies (SPXC) 31.0x). On next year's consensus earnings, Lennox International (LII) is cheapest (Acuity Inc. (De) (AYI) 16.4x, Lennox International (LII) 15.4x, SPX Technologies (SPXC) 19.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

SPX Technologies (SPXC) grew revenue fastest over the trailing twelve months: Acuity Inc. (De) (AYI) +6.8%, Lennox International (LII) +1.9%, SPX Technologies (SPXC) +20.2%.

Which company is more profitable?

Lennox International (LII) has the highest net margin (Acuity Inc. (De) (AYI) 11.4%, Lennox International (LII) 13.8%). On return on invested capital, Lennox International (LII) leads (Acuity Inc. (De) (AYI) 15.4%, Lennox International (LII) 27.6%).

Which stock has performed better?

Over the past year Acuity Inc. (De) (AYI) returned the most: Acuity Inc. (De) (AYI) -9.4%, Lennox International (LII) -28.6%, SPX Technologies (SPXC) -16.2%. Over five years, SPX Technologies (SPXC) compounded fastest (Acuity Inc. (De) (AYI) +9.8%/yr, Lennox International (LII) +3.1%/yr, SPX Technologies (SPXC) +23.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Lennox International (LII) has the highest dividend yield: Acuity Inc. (De) (AYI) 0.24%, Lennox International (LII) 1.53%, SPX Technologies (SPXC) 0.00%. SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Acuity Inc. (De) (AYI) has been the steadiest (Acuity Inc. (De) (AYI) 38.1%, Lennox International (LII) 42.8%, SPX Technologies (SPXC) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AYI, LII and SPXC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lennox International (LII) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.