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Applied Industrial Technologies AIT Engineered Solutions — Assets used in the business

Other segment segments

Service Center Segment
$1.77B
Service Center
$1.6B-4.3%

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Other financials

Income statement

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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

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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

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

Valuation

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Market cap$13.19B+31.2%
Enterprise value$13.38B+28.2%
P/E32.7×+7.1×
P/S2.7×+0.5×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Applied Industrial Technologies in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The source filing: Applied Industrial Technologies’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:04 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000109563-26-000021
Line itemMarch 31,2026June 30,2025
Identifiable intangibles, net322,689348,600
Goodwill704,998699,374
Other assets69,95163,289
TOTAL ASSETS$2,988,711$3,175,544
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable$303,057$280,124
Current portion of long-term debt18,000

Item 1. Financial Statements

FAQ

What is Applied Industrial Technologies's engineered solutions — assets used in the business?
Applied Industrial Technologies (AIT) reported engineered solutions — assets used in the business of $1.39B in Q1 2026.
How has Applied Industrial Technologies's engineered solutions — assets used in the business changed year-over-year?
Applied Industrial Technologies's engineered solutions — assets used in the business decreased by 3.9% year-over-year, from $1.45B to $1.39B.
What is the long-term trend for Applied Industrial Technologies's engineered solutions — assets used in the business?
Over 3 years (2022 to 2025), Applied Industrial Technologies's engineered solutions — assets used in the business has grown at a 11.7% compound annual growth rate (CAGR), from $3.89B to $5.42B.
What does engineered solutions — assets used in the business mean?
This represents the total book value of assets, including inventory, accounts receivable, and property, plant, and equipment, specifically deployed to support the Engineered Solutions segment's operations. It provides a baseline for calculating segment-level return on assets and assessing the capital efficiency of the business unit. Investors use this to understand the scale of resources required to generate the segment's revenue and operating profit.

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