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Applied Industrial Technologies AIT Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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Genuine PartsGPC
$2.07B+13.2%
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Advanced Energy IndustriesAEIS
$102M-2.3%
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RBC BearingsRBC
5.7%-5,860,000,596pp
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Sterling Infrastructure, Inc.STRL
5.9%-0.1pp
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Chart IndustriesGTLS

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:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?
Applied Industrial Technologies (AIT) reported operating lease ROU assets of $181.83M in Q1 2026.
How has Applied Industrial Technologies's operating lease ROU assets changed year-over-year?
Applied Industrial Technologies's operating lease ROU assets decreased by 4.9% year-over-year, from $191.1M to $181.83M.
What is the long-term trend for Applied Industrial Technologies's operating lease ROU assets?
Over 4 years (2021 to 2025), Applied Industrial Technologies's operating lease ROU assets has grown at a 21.3% compound annual growth rate (CAGR), from $87.11M to $188.65M.
What does operating lease ROU assets mean?
The balance sheet value of the right to use leased property and equipment.
How do you interpret operating lease ROU assets?
An increase suggests expansion of physical footprint or lease renewals, while a decrease may indicate lease expirations or asset consolidation.
How does operating lease ROU assets compare across companies?
Standard across industrial distributors; peers with larger physical distribution networks typically report higher balances.