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Applied Industrial Technologies AIT Service Center — CapEx

Other segment segments

Service Center Segment
$22.54M+25.0%
Engineered Solutions
$463K-47.5%

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SCIOperating Segments — Payments To Acquire Productive Assets
$59.99M+1.9%

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:PaymentsToAcquireProductiveAssets.

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

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Questions, answered.

What is Applied Industrial Technologies's service center — capex?
Applied Industrial Technologies (AIT) reported service center — capex of $4.27M in Q1 2026.
How has Applied Industrial Technologies's service center — capex changed year-over-year?
Applied Industrial Technologies's service center — capex decreased by 35.9% year-over-year, from $6.67M to $4.27M.
What is the long-term trend for Applied Industrial Technologies's service center — capex?
Over 3 years (2021 to 2024), Applied Industrial Technologies's service center — capex has grown at a 9.5% compound annual growth rate (CAGR), from $13.74M to $18.04M.
What does service center — capex mean?
The amount of cash spent by the Service Center segment on physical assets and infrastructure improvements.
How do you interpret service center — capex?
Higher spending indicates investment in growth or efficiency, while lower spending may suggest a focus on cash preservation or that the infrastructure is currently sufficient.
How does service center — capex compare across companies?
Comparable to 'Segment Capital Expenditures' or 'Segment PP&E Additions' found in the segment reporting of peer industrial distribution firms.