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Side-by-side financial comparison of ACUITY INC. (DE) (AYI) and Healthpeak Properties (DOC). Click either name above to swap in a different company.

ACUITY INC. (DE) is the larger business by last-quarter revenue ($1.1B vs $719.4M, roughly 1.6× Healthpeak Properties). Healthpeak Properties runs the higher net margin — 73.2% vs 10.5%, a 62.6% gap on every dollar of revenue. On growth, ACUITY INC. (DE) posted the faster year-over-year revenue change (20.2% vs 3.1%). Healthpeak Properties produced more free cash flow last quarter ($357.0M vs $114.8M). Over the past eight quarters, ACUITY INC. (DE)'s revenue compounded faster (12.4% CAGR vs 8.9%).

Squarespace, Inc. is an American website building and hosting company based in New York City. It provides software as a service for website building and hosting, and allows users to use pre-built website templates and drag-and-drop elements to create and modify webpages.

Healthpeak Properties, Inc. is an American real estate investment trust that invests in real estate related to the healthcare industry including senior housing, life science, and medical offices. It was organized in 2007 in Maryland and headquartered in Denver, Colorado with offices in Irvine, Nashville and San Francisco. As of December 31, 2019, the company owned interests in 617 properties.

AYI vs DOC — Head-to-Head

Bigger by revenue
AYI
AYI
1.6× larger
AYI
$1.1B
$719.4M
DOC
Growing faster (revenue YoY)
AYI
AYI
+17.1% gap
AYI
20.2%
3.1%
DOC
Higher net margin
DOC
DOC
62.6% more per $
DOC
73.2%
10.5%
AYI
More free cash flow
DOC
DOC
$242.2M more FCF
DOC
$357.0M
$114.8M
AYI
Faster 2-yr revenue CAGR
AYI
AYI
Annualised
AYI
12.4%
8.9%
DOC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AYI
AYI
DOC
DOC
Revenue
$1.1B
$719.4M
Net Profit
$120.5M
$114.0M
Gross Margin
48.4%
Operating Margin
14.0%
17.4%
Net Margin
10.5%
73.2%
Revenue YoY
20.2%
3.1%
Net Profit YoY
12.9%
2406.4%
EPS (diluted)
$3.82
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AYI
AYI
DOC
DOC
Q4 25
$1.1B
$719.4M
Q3 25
$1.2B
$705.9M
Q2 25
$1.2B
$694.3M
Q1 25
$1.0B
$702.9M
Q4 24
$951.6M
$698.0M
Q3 24
$1.0B
$700.4M
Q2 24
$968.1M
$695.5M
Q1 24
$905.9M
$606.6M
Net Profit
AYI
AYI
DOC
DOC
Q4 25
$120.5M
$114.0M
Q3 25
$114.0M
$-117.1M
Q2 25
$98.4M
$31.7M
Q1 25
$77.5M
$42.8M
Q4 24
$106.7M
$4.5M
Q3 24
$118.9M
$85.9M
Q2 24
$113.9M
$146.0M
Q1 24
$89.2M
$6.7M
Gross Margin
AYI
AYI
DOC
DOC
Q4 25
48.4%
Q3 25
48.9%
58.6%
Q2 25
48.4%
60.2%
Q1 25
46.5%
61.1%
Q4 24
47.2%
60.3%
Q3 24
47.3%
60.0%
Q2 24
46.7%
60.6%
Q1 24
45.5%
59.8%
Operating Margin
AYI
AYI
DOC
DOC
Q4 25
14.0%
17.4%
Q3 25
14.9%
9.2%
Q2 25
11.9%
5.7%
Q1 25
11.0%
7.7%
Q4 24
14.0%
-2.2%
Q3 24
15.2%
14.1%
Q2 24
15.0%
22.3%
Q1 24
13.0%
3.7%
Net Margin
AYI
AYI
DOC
DOC
Q4 25
10.5%
73.2%
Q3 25
9.4%
-16.6%
Q2 25
8.3%
4.6%
Q1 25
7.7%
6.1%
Q4 24
11.2%
0.7%
Q3 24
11.5%
12.3%
Q2 24
11.8%
21.0%
Q1 24
9.8%
1.1%
EPS (diluted)
AYI
AYI
DOC
DOC
Q4 25
$3.82
$0.16
Q3 25
$3.61
$-0.17
Q2 25
$3.12
$0.05
Q1 25
$2.45
$0.06
Q4 24
$3.35
$0.02
Q3 24
$3.77
$0.12
Q2 24
$3.62
$0.21
Q1 24
$2.84
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AYI
AYI
DOC
DOC
Cash + ST InvestmentsLiquidity on hand
$376.1M
$467.5M
Total DebtLower is stronger
$9.8B
Stockholders' EquityBook value
$2.8B
$7.5B
Total Assets
$4.7B
$20.3B
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AYI
AYI
DOC
DOC
Q4 25
$376.1M
$467.5M
Q3 25
$422.5M
$91.0M
Q2 25
$371.8M
$89.4M
Q1 25
$397.9M
$70.6M
Q4 24
$935.6M
$119.8M
Q3 24
$845.8M
$180.4M
Q2 24
$699.0M
$106.9M
Q1 24
$578.9M
$101.8M
Total Debt
AYI
AYI
DOC
DOC
Q4 25
$9.8B
Q3 25
$9.1B
Q2 25
$9.0B
Q1 25
$8.9B
Q4 24
$8.7B
Q3 24
$8.6B
Q2 24
$8.6B
Q1 24
$8.8B
Stockholders' Equity
AYI
AYI
DOC
DOC
Q4 25
$2.8B
$7.5B
Q3 25
$2.7B
$7.6B
Q2 25
$2.6B
$7.9B
Q1 25
$2.5B
$8.2B
Q4 24
$2.5B
$8.4B
Q3 24
$2.4B
$8.6B
Q2 24
$2.3B
$8.8B
Q1 24
$2.1B
$8.9B
Total Assets
AYI
AYI
DOC
DOC
Q4 25
$4.7B
$20.3B
Q3 25
$4.8B
$19.6B
Q2 25
$4.6B
$19.8B
Q1 25
$4.6B
$19.8B
Q4 24
$3.9B
$19.9B
Q3 24
$3.8B
$20.0B
Q2 24
$3.6B
$20.2B
Q1 24
$3.5B
$20.5B
Debt / Equity
AYI
AYI
DOC
DOC
Q4 25
1.31×
Q3 25
1.20×
Q2 25
1.14×
Q1 25
1.08×
Q4 24
1.04×
Q3 24
1.00×
Q2 24
0.98×
Q1 24
0.99×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AYI
AYI
DOC
DOC
Operating Cash FlowLast quarter
$140.8M
$1.3B
Free Cash FlowOCF − Capex
$114.8M
$357.0M
FCF MarginFCF / Revenue
10.0%
49.6%
Capex IntensityCapex / Revenue
2.3%
124.4%
Cash ConversionOCF / Net Profit
1.17×
10.99×
TTM Free Cash FlowTrailing 4 quarters
$534.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AYI
AYI
DOC
DOC
Q4 25
$140.8M
$1.3B
Q3 25
$202.5M
$315.0M
Q2 25
$207.3M
$363.5M
Q1 25
$59.4M
$279.4M
Q4 24
$132.2M
$1.1B
Q3 24
$174.1M
$318.2M
Q2 24
$152.5M
$316.2M
Q1 24
$102.6M
$152.6M
Free Cash Flow
AYI
AYI
DOC
DOC
Q4 25
$114.8M
$357.0M
Q3 25
$177.7M
Q2 25
$192.3M
Q1 25
$49.7M
Q4 24
$113.3M
$333.7M
Q3 24
$151.1M
Q2 24
$140.5M
Q1 24
$88.2M
FCF Margin
AYI
AYI
DOC
DOC
Q4 25
10.0%
49.6%
Q3 25
14.7%
Q2 25
16.3%
Q1 25
4.9%
Q4 24
11.9%
47.8%
Q3 24
14.6%
Q2 24
14.5%
Q1 24
9.7%
Capex Intensity
AYI
AYI
DOC
DOC
Q4 25
2.3%
124.4%
Q3 25
2.1%
Q2 25
1.3%
Q1 25
1.0%
Q4 24
2.0%
105.6%
Q3 24
2.2%
Q2 24
1.2%
Q1 24
1.6%
Cash Conversion
AYI
AYI
DOC
DOC
Q4 25
1.17×
10.99×
Q3 25
1.78×
Q2 25
2.11×
11.48×
Q1 25
0.77×
6.52×
Q4 24
1.24×
235.43×
Q3 24
1.46×
3.71×
Q2 24
1.34×
2.17×
Q1 24
1.15×
22.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AYI
AYI

Sales Channel Through Independent Sales Network$616.7M54%
Acuity Intelligent Spaces$248.1M22%
QSCLLC$95.1M8%
Sales Channel Through Direct Sales Network$70.6M6%
Sales Channel Through Original Equipment Manufacturer And Other$49.1M4%
Sales Channel Through Corporate Accounts Network$40.7M4%
Sales Channel Through Retail$40.3M4%

DOC
DOC

Segment breakdown not available.

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