Skip to content

Current ratio at other companies

Genuine Parts logo
Genuine PartsGPC
1.1×-0.1×
W.W. Grainger logo
W.W. GraingerGWW
2.7×-0.1×
Fastenal logo
FastenalFAST
4.4×+0.1×
Crane Co. logo
Crane Co.CR
2.8×+0.8×
Parker-Hannifin logo
Parker-HannifinPH
1.1×-0.1×
IR
Ingersoll RandIR
2.2×-0.2×

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×

Where this comes from

Calculated from Applied Industrial Technologies’s reported figures.

Based on the most recent quarter.

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 current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Applied Industrial Technologies's current ratio?
Applied Industrial Technologies (AIT) reported current ratio of 2.9× in Q1 2026.
How has Applied Industrial Technologies's current ratio changed year-over-year?
Applied Industrial Technologies's current ratio decreased by 17.4% year-over-year, from 3.6× to 2.9×.
What is the long-term trend for Applied Industrial Technologies's current ratio?
Over 4 years (2021 to 2025), Applied Industrial Technologies's current ratio has grown at a 4.4% compound annual growth rate (CAGR), from 2.8× to 3.3×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.