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Applied Industrial Technologies AIT Engineered Solutions — Depreciation and amortization of property

Other segment segments

Service Center Segment
$17.49M-1.2%
Service Center
$4.41M-1.5%

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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$13.24B+31.2%
Enterprise value$13.43B+28.2%
P/E32.8×+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:Depreciation.

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 itemNine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
Cash Flows from Operating Activities
Net Income$295,925$285,152
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property19,47218,433
Amortization of intangibles30,21325,385
Provision for losses on accounts receivable1,0952,652
Amortization of stock appreciation rights4,1743,570
Other share-based compensation expense5,4145,824

Item 1. Financial Statements

FAQ

What is Applied Industrial Technologies's engineered solutions — depreciation and amortization of property?
Applied Industrial Technologies (AIT) reported engineered solutions — depreciation and amortization of property of $1.98M in Q1 2026.
How has Applied Industrial Technologies's engineered solutions — depreciation and amortization of property changed year-over-year?
Applied Industrial Technologies's engineered solutions — depreciation and amortization of property decreased by 5.8% year-over-year, from $2.11M to $1.98M.
What is the long-term trend for Applied Industrial Technologies's engineered solutions — depreciation and amortization of property?
Over 3 years (2022 to 2025), Applied Industrial Technologies's engineered solutions — depreciation and amortization of property has grown at a 21.1% compound annual growth rate (CAGR), from $4.17M to $7.41M.
What does engineered solutions — depreciation and amortization of property mean?
This represents the systematic allocation of the cost of tangible and intangible assets used within the Engineered Solutions segment over their useful lives. It reflects the ongoing capital consumption required to maintain the segment's technical and operational infrastructure.

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