What does reportable subsegments — depreciation mean?

The non-cash expense representing the wear and tear of assets used by a specific business segment.

How do you interpret reportable subsegments — depreciation?

Higher depreciation relative to assets may indicate a newer, more modern asset base, while lower depreciation might suggest aging infrastructure that may require future capital investment.

How does reportable subsegments — depreciation compare across companies?

Comparable to segment-level depreciation and amortization charges reported by peers in the industrial distribution sector.

Applied Industrial Technologies AIT Reportable Subsegments — Depreciation

Discontinued — last reported Q4 '20

Similar metrics at other companies

RDDTReportable Segment — D&A

$4.21M+6.2%

INSMReportable Segment — Depreciation

$2.93M+55.8%

DLTRReportable Segment — D&A

$177M+17.1%

CCKTotal reportable segments — Depreciation

$72M+7.5%

JLLReportable Subsegments — Depreciation And Amortization

$28.3M+19.4%

BRTotal Reportable Segments — D&A

$23.5M-4.9%

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$12.49B+14.4%

Enterprise value$12.68B+13.8%

P/E30.9×+2.9×

P/S2.6×+0.2×

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 official record: Applied Industrial Technologies’s 10-K, filed August 14, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable subsegments — depreciation mean?: The non-cash expense representing the wear and tear of assets used by a specific business segment.
How do you interpret reportable subsegments — depreciation?: Higher depreciation relative to assets may indicate a newer, more modern asset base, while lower depreciation might suggest aging infrastructure that may require future capital investment.
How does reportable subsegments — depreciation compare across companies?: Comparable to segment-level depreciation and amortization charges reported by peers in the industrial distribution sector.