Skip to content
OpenCapital
Get started

Applied Industrial Technologies AIT Interest coverage

Interest coverage at other companies

Genuine Parts logo
Genuine PartsGPC
8.1×-10.1×
W.W. Grainger logo
W.W. GraingerGWW
30.8×-3.4×
Fastenal logo
FastenalFAST
310.8×+94.6×
Crane Co. logo
Crane Co.CR
17.9×+2.6×
Parker-Hannifin logo
Parker-HannifinPH
11.6×+1.2×
IR
Ingersoll RandIR
4.4×-1.1×

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

Calculated from Applied Industrial Technologies’s reported figures.

ebit/interest expense=27.4×

Based on trailing twelve months.

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 interest coverage.

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 interest coverage?
Applied Industrial Technologies (AIT) reported interest coverage of 27.4× in Q2 2025.
How has Applied Industrial Technologies's interest coverage changed year-over-year?
Applied Industrial Technologies's interest coverage increased by 13.4% year-over-year, from 24.1× to 27.4×.
What is the long-term trend for Applied Industrial Technologies's interest coverage?
Over 4 years (2021 to 2025), Applied Industrial Technologies's interest coverage has grown at a 42.3% compound annual growth rate (CAGR), from 6.7× to 27.4×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.