Skip to content
Applied Industrial Technologies logo

Applied Industrial Technologies

AIT

Applied Industrial Technologies is a leading distributor and technical solutions provider specializing in industrial motion, power, control, and automation technologies.

Market cap
$12.86B+23.4%
Revenue$4.8B+7.5%
Net income$403.8M+3.9%
Free cash flow$438.9M0.0%
EPS (diluted)$10.58+6.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (In 2 weeks)
Revenue estimate$1.3B
EPS estimate$2.91

Financials

Q3 2026

Income statement

See full
Revenue$1.3B+7.3%
Gross profit$380.8M+7.2%
Operating income$137.9M+6.6%
Net income$99.8M0.0%
EPS (diluted)$2.65+3.1%

Balance sheet

See full
Cash & equivalents$171.6M-51.4%
Total debt$365.3M-36.2%
Total equity$1.9B+1.8%
Total assets$3.0B-4.1%

Cash flow

See full
Operating cash flow$100.1M-18.2%
CapEx$4.7M-37.3%
Free cash flow$95.4M-17.0%

Valuation & ratios

Valuation

See full
Market cap$12.86B+23.4%
Enterprise value$13.06B+21.4%
P/E31.9×+5.5×
P/S2.7×+0.4×

Profitability

See full
Gross margin30.4%+0.1pp
Operating margin10.9%-0.3pp
Net margin8.3%-0.3pp
FCF margin9.1%-0.7pp

Returns & leverage

See full
Return on equity21.9%-0.3pp
Debt / equity0.2×-0.1×
Current ratio2.9×-0.6×

Segments

By segment

See full
Service Center$806.0M+5.7%
Engineered Solutions$466.7M+11.9%

Competitors

Profile

Applied Industrial Technologies is a leading distributor and technical solutions provider specializing in industrial motion, power, control, and automation technologies. The company serves as a critical link in the industrial supply chain, connecting world-class products from leading suppliers to customers' production processes and operating assets. Its value proposition centers on deep technical expertise, local inventory availability, and comprehensive aftermarket support for MRO and OEM applications.

Competitive position

A leading technical distributor with a massive SKU count and a significant footprint in the fragmented North American industrial market, increasingly focused on high-margin automation and engineered solutions.

GeographiesNorth America, Australia, New Zealand, Singapore
Customer segmentsFood & Beverage, Semiconductor, Life Sciences, Pharmaceutical, Power Generation, Alternative Energy, Off-highway Mobile
Business modelValue-added Distribution, Engineering Services, Systems Integration, Aftermarket Support
SuppliersIndustrial Component Manufacturers, Automation Technology Developers, Fluid Power Equipment Suppliers, Raw Material Processors
CustomersManufacturing Plants, OEM Equipment Producers, Infrastructure Developers, Data Center Facilities
Listed1972
Employees6.4K
CEONeil A. Schrimsher
FilingsSEC EDGAR

Questions, answered.

What is Applied Industrial Technologies's market cap?
Applied Industrial Technologies (AIT) has a market capitalization of $12.9B and trades on NYSE.
What is Applied Industrial Technologies's revenue and profitability?
Applied Industrial Technologies generated $4.8B in trailing twelve-month revenue with net income of $403.8M, representing a net margin of 8.3%. Gross margin stands at 30.4%, with free cash flow of $438.9M. These figures are based on the Q1 2026 filing.
Who are Applied Industrial Technologies's competitors?
Applied Industrial Technologies's key competitors include Motion Industries (Genuine Parts Company), W.W. Grainger, Inc., Fastenal Company, and others. These companies compete in similar markets and product categories.
Where is Applied Industrial Technologies headquartered?
Applied Industrial Technologies is headquartered in United States of America and employs approximately 6,350 people. It has been publicly traded since 1972.