greeksoup/ stock research
Stock research / United States / AIT · Wholesale-Machinery, Equipment & Supplies · NYSE

Applied Industrial Technologies Inc. (AIT)

Compare with another name

Applied Industrial Technologies Inc. (AIT) reported revenue of $1.4 billion for Q4 FY2026, the quarter ended 30 June 2026, up 10.4% on the same quarter a year earlier. Net income was $119 million, up 10.0% on the year, and diluted earnings per share $3.17. The figures are the company's own, from the 10-K it filed with the SEC on 13 August 2026.

Revenue$1.4 billionup 10.4%
Net income$119 millionup 10.0%
Diluted EPS$3.17
QuarterQ4 FY2026ended 30 June 2026

Applied Industrial Technologies (AIT) in brief

Applied Industrial Technologies (AIT) reported revenue of $5.0 billion for fiscal 2026, the year ended 30 June 2026, up 8.8% on the year before.
Read moreNet income was $415 million and diluted earnings per share $10.95. Revenue was $4.6 billion in fiscal 2025, $4.5 billion in fiscal 2024, $4.4 billion in fiscal 2023 and $3.8 billion in fiscal 2022. Net income in the same years was $393 million, $386 million, $347 million and $257 million. Revenue grew 8.9% a year, compounded, over the five years to fiscal 2026. Applied Industrial Technologies declared $1.99 a share in dividends over the last four quarters and had 37 million shares outstanding at the latest filed count. At 30 June 2026 it carried $262 million of debt and $127 million of cash. At the close of 8 October 2026 the market cap of Applied Industrial Technologies was $12.2 billion, 30.3 times its earnings over the last twelve months.

Ratios

From the filings

ROE22.3%
ROCE25.9%
Operating margin11.1%
Net margin8.3%
FCF margin9.3%
Interest covern/a
Debt to equity0.14
Cash conversion1.17
Share count, 1 year-2.8%
Sales CAGR, 3 years4.0%
Profit CAGR, 3 years6.1%
EPS, TTM$10.96

At the close of 8 October 2026

Price$332.12
Market cap$12.2 billion
Stock P/E30.30
Price to book6.57
EV / EBITDA20.08
Dividend yield0.6%
Market cap / sales2.46
52-week high$361.95
52-week low$240.63
Price, 1 year30.1%
Price CAGR, 3 years28.0%
Price CAGR, 5 years28.2%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on long-term debt as Applied Industrial Technologies Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
AITgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on AIT

Filings17 in twelve months: 8 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 regulation fd disclosure; 1 material agreement; 1 termination of a material agreement
Planned insider sales8 Form 144 notices in twelve months, $15.7 million; latest 26 August 2026
Options tapeput/call 0.58 by open interest at the 8 October 2026 close; the straddle prices a 3.2% move to 16 October 2026
13F holders11 of the followed funds hold it; largest Geode Capital Management; 4 Schedule 13D or 13G filings in twelve months
Insider trading14 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest896,045 shares short, 3.52 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026Q4 FY2026 *
Revenue1,0951,0771,1461,1611,0991,0731,1671,2251,2001,1631,2511,353
Cost of revenue770760808804774745811850838810871941
Gross profit325317338356325328355375361353381411
Gross margin30%29%30%31%30%31%30%31%30%30%30%30%
SG&A204202217217212207226240232230243252
Operating income121115121139113121129135129123138159
Operating margin11%11%11%12%10%11%11%11%11%11%11%12%
Pre-tax income119116123141116123127135129123135158
Tax rate21%21%21%27%21%24%22%20%22%22%26%25%
Net income93.891.297.210392.193.399.810810195.399.8119
Net margin9%8%8%9%8%9%9%9%8%8%8%9%
Diluted EPS$2.39$2.32$2.48$2.64$2.36$2.39$2.57$2.80$2.63$2.51$2.65$3.17
Operating cash flow66.210284.211912895.112214711999.7100165
Capital expenditure4.35.57.57.55.55.27.58.97.36.34.75.3
Free cash flow61.996.276.711212289.911513811293.495.4160
Buybacks0.010.718.244.510.020.149.773.053.290.293.080.8
Dividends paid13.613.614.414.414.214.317.717.517.417.319.018.9
Shares outstanding39m39m39m38m38m38m38m38m38m37m37m37m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Revenue2,7522,5192,5943,0733,4733,2463,2363,8114,4134,4794,5634,9674,967
Cost of revenue1,9821,8121,8562,1892,4652,3082,3002,7043,1263,1433,1803,4603,460
Gross profit7707077388841,0089389361,1071,2871,3371,3831,5071,507
Gross margin28.0%28.1%28.4%28.8%29.0%28.9%28.9%29.0%29.2%29.8%30.3%30.3%30.3%
Selling, general and administrative585554563658742718681749814841885957957
Operating income18589.817522623489.0205358473496499549549
Operating margin6.7%3.6%6.8%7.3%6.7%2.7%6.3%9.4%10.7%11.1%10.9%11.1%11.1%
Interest expense8.19.08.824.140.837.330.826.824.820.518.217.4n/a
Pre-tax income17679.016720519455.2177330450498501544544
Income tax60.449.433.163.150.531.232.372.4103112108130130
Effective tax rate34.3%62.6%19.8%30.8%26.0%56.5%18.2%21.9%22.9%22.6%21.6%23.8%23.8%
Net income11529.613414214424.0145257347386393415415
Net margin4.2%1.2%5.2%4.6%4.1%0.7%4.5%6.8%7.9%8.6%8.6%8.3%8.3%
Diluted EPS$2.80$0.75$3.40$3.61$3.68$0.62$3.68$6.58$8.84$9.83$10.12$10.95$10.96
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2024FY2025FY2026Share
latest year
Service Center3,0593,0173,18963.3%
Engineered Solutions1,4731,6011,85136.7%
Service CenterEngineered Solutions
4,532FY20244,618FY20255,040FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2024FY2025FY2026Share
latest year
United States3,9324,0014,38588.3%
Canada3102973016.1%
Other Countries2372662815.6%
United StatesCanadaOther Countries
4,479FY20244,563FY20254,967FY2026

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Operating cash flow157162165147181297242188344371492484484
Capital expenditure14.913.117.023.219.020.115.918.126.524.927.223.623.6
Free cash flow142149148124162277226169317347465461461
Free cash flow margin5.2%5.9%5.7%4.0%4.7%8.5%7.0%4.4%7.2%7.7%10.2%9.3%9.3%
Cash from investing-174-75.0-16.9-798-55.1-55.4-44.9-35.7-60.8-95.4-319-33.9-33.9
Cash from financing22.2-93.0-103600-71.5-78.2-213-223-127-156-246-712-712
Depreciation and amortisation42.441.539.749.962.162.755.153.653.152.460.565.965.9
Share-based compensation4.52.53.64.74.54.09.011.812.412.912.012.9n/a
Buybacks76.537.58.222.811.20.040.113.80.773.4153317317
Dividends paid42.743.344.645.947.348.950.751.853.455.963.772.672.6
Dividend per share$1.04$1.10$1.14$1.18$1.22$1.26$1.30$1.34$1.38$1.44$1.66$1.99n/a
Diluted shares, weighted41m39m39m39m39m39m39m39m39m39m39m38m37m
Shares outstanding at period end40m39m39m39m39m39m39m38m39m38m38m37m37m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026TTM
Funded by
Shareholders' equity7416587458158978449331,1491,4581,6891,8451,8621,862
Debt318325287945958934828689622597572262262
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/a159168168
Other liabilities376330356526477506511614663666600718718
Total liabilities and equity1,4351,3131,3882,2862,3322,2842,2722,4532,7432,9523,1763,0103,010
Owned
Fixed assets104108108121124122116112115119128132132
Goodwill254203206647662541560563578619699705705
Intangible assets199191164436369343280251236246349313313
Cash and equivalents69.559.910554.1108269258184344461388127127
Receivables376348391549541450516656708725770831831
Inventory362338345422448389363450501488505509509
Other assets69.164.968.756.879.9170180236261294336393393
Total assets1,4351,3131,3882,2862,3322,2842,2722,4532,7432,9523,1763,0103,010
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded7.0%8.9%4.0%8.8%
Profit growth, compounded30.2%23.4%6.1%5.5%
Return on equity, average18.2%22.5%22.1%22.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Wholesale

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Reliance, Inc. RS$20.3 billion23.0812.1%7.8%15.4%0.221.2%
Genuine Parts Co. GPC$17.7 billion512.680.7%3.7%5.5%0.883.2%
Wesco International Inc. WCC$17.3 billion24.6013.6%5.4%12.5%1.13n/a
Performance Food Group Co. PFGC$14.8 billion41.367.3%1.3%7.2%1.02n/a
Applied Industrial Technologies Inc. AIT$12.2 billion30.3022.3%11.1%8.8%0.140.6%
Arrow Electronics, Inc. ARW$11.5 billion14.4911.6%3.4%26.1%0.29n/a
Watsco Inc. WSO$10.8 billion24.1815.9%9.4%-3.0%0.044.1%
Dominos Pizza Inc. DPZ$10.2 billion17.78n/a19.6%6.2%n/a2.3%
Henry Schein Inc. HSIC$9.5 billion24.6712.8%5.0%6.5%0.73n/a
Avnet Inc. AVT$8.2 billion24.956.7%2.6%24.5%0.641.4%
Core & Main, Inc. CNM$7.8 billion16.6122.6%9.6%-0.5%1.20n/a
MSC Industrial Direct Co. Inc. MSM$7.2 billion31.1416.3%8.5%4.4%0.361.7%
All 22 in Wholesale
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Mckesson Corp. MCK$108.5 billion24.89n/a1.6%8.8%n/a0.3%
TE Connectivity plc TEL$62.0 billion21.0122.8%19.7%16.5%0.421.3%
Cencora, Inc. COR$61.3 billion23.8786.0%0.9%5.1%3.840.7%
W.W. Grainger, Inc. GWW$59.8 billion32.3545.3%14.6%7.8%0.580.7%
Cardinal Health Inc. CAH$55.6 billion33.01n/a1.0%14.2%n/a0.9%
Ferguson Enterprises Inc. FERG$41.9 billion24.0528.5%8.2%3.4%0.721.6%
Sysco Corp. SYY$37.5 billion21.3765.9%3.7%3.9%4.622.8%
TD Synnex Corp. SNX$21.3 billion16.3014.3%2.7%24.1%0.390.7%
US Foods Holding Corp. USFD$21.0 billion29.8817.0%3.1%3.8%1.19n/a
Reliance, Inc. RS$20.3 billion23.0812.1%7.8%15.4%0.221.2%
Genuine Parts Co. GPC$17.7 billion512.680.7%3.7%5.5%0.883.2%
Wesco International Inc. WCC$17.3 billion24.6013.6%5.4%12.5%1.13n/a
Performance Food Group Co. PFGC$14.8 billion41.367.3%1.3%7.2%1.02n/a
Applied Industrial Technologies Inc. AIT$12.2 billion30.3022.3%11.1%8.8%0.140.6%
Arrow Electronics, Inc. ARW$11.5 billion14.4911.6%3.4%26.1%0.29n/a
Watsco Inc. WSO$10.8 billion24.1815.9%9.4%-3.0%0.044.1%
Dominos Pizza Inc. DPZ$10.2 billion17.78n/a19.6%6.2%n/a2.3%
Henry Schein Inc. HSIC$9.5 billion24.6712.8%5.0%6.5%0.73n/a
Avnet Inc. AVT$8.2 billion24.956.7%2.6%24.5%0.641.4%
Core & Main, Inc. CNM$7.8 billion16.6122.6%9.6%-0.5%1.20n/a
MSC Industrial Direct Co. Inc. MSM$7.2 billion31.1416.3%8.5%4.4%0.361.7%
Ashland Inc. ASH$3.2 billion62.012.7%7.4%-1.4%0.732.3%
No other company here shares its SEC industry code (Wholesale-Machinery, Equipment & Supplies); these are the names nearest in size in its wider industry, Wholesale, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-K30 June 202613 August 2026EDGAR
10-Q31 March 202628 April 2026EDGAR
10-Q31 December 202527 January 2026EDGAR
10-Q30 September 202528 October 2025EDGAR
10-K30 June 202515 August 2025EDGAR
10-Q31 March 20251 May 2025EDGAR
10-Q31 December 202429 January 2025EDGAR
10-Q30 September 202425 October 2024EDGAR
10-K/A30 June 202410 September 2024EDGAR
10-K30 June 202416 August 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install