Skip to content
Screener
Applied Industrial Technologies, Inc. logo

Applied Industrial Technologies, Inc.

AIT

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

Market cap
$11.6B+18.4%
Revenue$5.0B+8.8%
Net income$414.5M+5.5%
Free cash flow$460.5M-1.0%
EPS (diluted)$10.95+8.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in a month)
Revenue estimate$1.3B
EPS estimate$2.84

Financials

Q4 2026

Income statement

See full
Revenue$1.4B+10.4%
Gross profit$411.2M+9.7%
Operating income$159.3M+17.9%
Net income$118.6M+10.0%
EPS (diluted)$3.16+13.3%

Balance sheet

See full
Cash & equivalents$127.1M-67.3%
Total debt$483.4M-37.3%
Total equity$1.9B+0.9%
Total assets$3.0B-5.2%

Cash flow

See full
Operating cash flow$165.0M+12.2%
CapEx$5.3M-40.9%
Free cash flow$159.7M+15.6%

Valuation & ratios

Valuation

See full
Market cap$11.6B+18.4%
Enterprise value$11.96B+16.2%
P/E28×+2.8×
P/S2.3×+0.2×

Profitability

See full
Gross margin30.3%0.0pp
Operating margin11.1%+0.1pp
Net margin8.3%-0.3pp
FCF margin9.3%-0.9pp

Returns & leverage

See full
Return on equity22.4%+0.1pp
Debt / equity0.3×-0.2×
Current ratio2.6×-0.7×

Segments

By segment

See full
Service Center$850.7M
Engineered Solutions$517.5M+12.7%

Competitors

Profile

Applied Industrial Technologies is a leading value-added distributor and technical solutions provider specializing in industrial motion, fluid power, flow control, and automation technologies. The company serves as a critical link in the industrial supply chain, providing more than 9.4 million SKUs to support maintenance, repair, and operations (MRO) as well as original equipment manufacturing (OEM) needs. Its value proposition centers on deep technical expertise, local inventory availability, and engineered solutions that minimize production downtime and improve machine performance for industrial customers.

Competitive position

A leading technical distributor with a highly fragmented competitive landscape, benefiting from scale, deep engineering expertise, and a focus on critical operating assets with high costs of failure.

GeographiesNorth America, Australia, New Zealand, Singapore
Customer segmentsFood & Beverage, Semiconductor, Life Sciences, Pharmaceutical, Power Generation, Alternative Energy
Business modelValue-added Distribution, Technical Engineering Services, MRO Supply Chain Management
SuppliersIndustrial component manufacturers, Automation technology developers, Fluid power and flow control suppliers
CustomersManufacturing plants, Infrastructure projects, Off-highway mobile equipment manufacturers, Process industries
Listed1972
Employees6.4K
CEONeil A. Schrimsher
FilingsSEC EDGAR

FAQ

What is Applied Industrial Technologies, Inc.'s market cap?
Applied Industrial Technologies, Inc. (AIT) has a market capitalization of $11.6B and trades on NYSE.
What is Applied Industrial Technologies, Inc.'s revenue and profitability?
Applied Industrial Technologies, Inc. generated $5.0B in trailing twelve-month revenue with net income of $414.5M, representing a net margin of 8.3%. Gross margin stands at 30.3%, with free cash flow of $460.5M. The latest reported period is Q4 2026.
Who are Applied Industrial Technologies, Inc.'s competitors?
Applied Industrial Technologies, Inc.'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, Inc. headquartered?
Applied Industrial Technologies, Inc. is headquartered in United States of America and employs approximately 6,350 people. It has been publicly traded since 1972.