Skip to content

Applied Industrial Technologies AIT Service Center — Assets used in the business

Other segment segments

Service Center Segment
$1.77B
Engineered Solutions
$1.39B-3.9%

Similar metrics at other companies

American Tower logo
AMTServices — Total Assets
$112.9M-14.1%
APi Group logo
APGIndustrial Services — Total Assets
$246M-10.2%
Corvex
 logo
MOVEConnected Devices And Services — Total Assets
$4.36M
Service Corporation International logo
SCIOperating Segments — Total Assets
$13.68B+7.8%
Clean Harbors logo
CLHTechnical Services — Total Assets
$847.99M-1.7%
Citigroup logo
CServices — Total Assets
$649B+10.2%

Other financials

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

See full
Market cap$12.49B+14.4%
Enterprise value$12.68B+13.8%
P/E30.9×+2.9×
P/S2.6×+0.2×

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×

Where this comes from

Reported directly by Applied Industrial Technologies in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The official record: Applied Industrial Technologies’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Applied Industrial Technologies's service center — assets used in the business.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Applied Industrial Technologies's service center — assets used in the business?
Applied Industrial Technologies (AIT) reported service center — assets used in the business of $1.6B in Q1 2026.
How has Applied Industrial Technologies's service center — assets used in the business changed year-over-year?
Applied Industrial Technologies's service center — assets used in the business decreased by 4.3% year-over-year, from $1.67B to $1.6B.
What is the long-term trend for Applied Industrial Technologies's service center — assets used in the business?
Over 3 years (2021 to 2024), Applied Industrial Technologies's service center — assets used in the business has grown at a 11.1% compound annual growth rate (CAGR), from $5.26B to $7.21B.
What does service center — assets used in the business mean?
The total value of assets utilized by the Service Center segment to conduct its distribution business operations.
How do you interpret service center — assets used in the business?
An increase relative to revenue may signal declining asset turnover efficiency, whereas a decrease relative to revenue suggests improved operational leverage.
How does service center — assets used in the business compare across companies?
Comparable to 'Segment Identifiable Assets' or 'Segment Net Assets' reported by diversified industrial distributors.