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Applied Industrial Technologies AIT Service Center — Depreciation and amortization of property
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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 item | Nine Months Ended / March 31, 2026 | Nine 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 property | 19,472 | 18,433 |
| Amortization of intangibles | 30,213 | 25,385 |
| Provision for losses on accounts receivable | 1,095 | 2,652 |
| Amortization of stock appreciation rights | 4,174 | 3,570 |
| Other share-based compensation expense | 5,414 | 5,824 |
Item 1. Financial Statements
FAQ
- What is Applied Industrial Technologies's service center — depreciation and amortization of property?
- Applied Industrial Technologies (AIT) reported service center — depreciation and amortization of property of $4.41M in Q1 2026.
- How has Applied Industrial Technologies's service center — depreciation and amortization of property changed year-over-year?
- Applied Industrial Technologies's service center — depreciation and amortization of property decreased by 1.5% year-over-year, from $4.48M to $4.41M.
- What is the long-term trend for Applied Industrial Technologies's service center — depreciation and amortization of property?
- Over 2 years (2022 to 2024), Applied Industrial Technologies's service center — depreciation and amortization of property has grown at a 0.5% compound annual growth rate (CAGR), from $17.51M to $17.7M.
- What does service center — depreciation and amortization of property mean?
- The periodic allocation of the cost of tangible property and equipment used within the Service Center segment. This non-cash expense reflects the wear and tear or obsolescence of physical assets like warehouses, machinery, and delivery fleets.
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