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Applied Industrial Technologies AIT Service Center — Total

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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 ait:DisaggregatedRevenuebyCustomerIndustryPercent.

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 itemThree Months Ended March 31, 2026 / Service CenterThree Months Ended March 31, 2026 / Engineered SolutionsThree Months Ended March 31, 2026 / TotalThree Months Ended March 31, 2025 / Service CenterThree Months Ended March 31, 2025 / Engineered SolutionsThree Months Ended March 31, 2025 / Total
Food15.2%3.0%10.8%15.5%2.9%11.1%
Metals12.0%6.5%10.1%11.1%6.5%9.5%
Forest Products11.8%1.9%8.3%12.5%3.1%9.2%
Chem/Petrochem2.3%10.5%5.2%2.7%13.1%6.3%
Cement & Aggregate7.1%1.5%5.1%7.2%1.3%5.1%
Transportation3.4%4.5%3.8%3.5%5.4%4.2%
Oil & Gas4.7%1.4%3.6%5.0%1.9%3.9%
Total100.0%100.0%100.0%100.0%100.0%100.0%

Item 1. Financial Statements

FAQ

What is Applied Industrial Technologies's service center — total?
Applied Industrial Technologies (AIT) reported service center — total of 100% in Q1 2026.
How has Applied Industrial Technologies's service center — total changed year-over-year?
Applied Industrial Technologies's service center — total decreased by 0.0% year-over-year, from 100% to 100%.
What does service center — total mean?
Represents the total assets or aggregate financial footprint allocated to the Service Center distribution segment. It serves as a measure of the capital intensity and scale required to support the regional distribution of industrial components.

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