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Applied Industrial Technologies AIT Accumulated Depreciation

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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$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:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

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 accumulated depreciation?
Applied Industrial Technologies (AIT) reported accumulated depreciation of $262.96M in Q1 2026.
How has Applied Industrial Technologies's accumulated depreciation changed year-over-year?
Applied Industrial Technologies's accumulated depreciation increased by 4.6% year-over-year, from $251.43M to $262.96M.
What is the long-term trend for Applied Industrial Technologies's accumulated depreciation?
Over 4 years (2021 to 2025), Applied Industrial Technologies's accumulated depreciation has grown at a 5.8% compound annual growth rate (CAGR), from $204.33M to $256.02M.
What does accumulated depreciation mean?
The total amount of depreciation taken on the company's physical assets over their lifetime.
How do you interpret accumulated depreciation?
A high ratio of accumulated depreciation to gross PPE suggests the need for future capital expenditure to replace aging assets.
How does accumulated depreciation compare across companies?
Used to calculate the average age of assets; peers with newer facilities will have lower accumulated depreciation ratios.