AIT · Applied Industrial Technologies Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.25B | $1.16B | $1.20B | $1.07B | $1.17B | $1.10B | $1.08B | $1.15B | $1.10B | $1.06B |
| Cost of Revenue | $870.65M | $809.69M | $838.09M | $744.95M | $811.46M | $773.86M | $760.06M | $808.14M | $770.11M | $751.77M |
| Gross Profit | $380.80M | $353.33M | $361.43M | $328.05M | $355.29M | $325.08M | $317.09M | $338.25M | $325.08M | $308.50M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $242.88M | $230.13M | $232.40M | $207.18M | $225.89M | $211.91M | $202.50M | $217.04M | $204.40M | $195.61M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $6.40M | $6.59M | $6.49M | $5.93M | $6.58M | $5.92M | $6.05M | $5.80M | $5.72M | $5.55M |
| Operating Income | $137.93M | $123.21M | $129.03M | $120.87M | $129.40M | $113.17M | $114.59M | $121.21M | $120.68M | $112.89M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $35.36M | $27.42M | $27.78M | $29.27M | $27.48M | $24.02M | $24.37M | $25.45M | $25.10M | $25.49M |
| Net Income | $99.77M | $95.35M | $100.81M | $93.29M | $99.80M | $92.06M | $91.23M | $97.22M | $93.83M | $80.46M |
| EPS - Basic | $2.68 | $2.54 | $2.67 | $2.43 | $2.60 | $2.40 | $2.35 | $2.51 | $2.42 | $2.09 |
| EPS - Diluted | $2.65 | $2.51 | $2.63 | $2.39 | $2.57 | $2.36 | $2.32 | $2.48 | $2.39 | $2.05 |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $171.58M | $405.99M | $388.42M | $388.42M | $352.84M | $538.52M | $460.62M | $456.53M | $360.42M | $344.04M |
| Accounts Receivable | $792.85M | $706.90M | $753.44M | $769.70M | $754.64M | $691.51M | $724.88M | $710.20M | $694.92M | $708.39M |
| Inventory | $526.32M | $529.00M | $521.67M | $505.34M | $500.56M | $497.57M | $488.26M | $503.91M | $507.64M | $501.18M |
| Accounts Payable | $303.06M | $258.24M | $276.86M | $280.12M | $282.19M | $265.14M | $266.95M | $271.19M | $259.79M | $301.69M |
| Current Assets | $1.58B | $1.75B | $1.77B | $1.75B | $1.69B | $1.81B | $1.77B | $1.77B | $1.64B | $1.65B |
| Total Assets | $2.99B | $3.16B | $3.19B | $3.18B | $3.12B | $3.00B | $2.95B | $2.85B | $2.75B | $2.74B |
| Current Liabilities | $536.62M | $475.48M | $497.75M | $526.15M | $474.19M | $478.30M | $501.10M | $468.41M | $466.56M | $540.34M |
| Long-term Debt | $347.30M | $572.30M | $572.30M | $572.30M | $572.30M | $572.29M | $572.28M | $571.86M | $596.88M | $596.93M |
| Total Liabilities | $1.13B | $1.28B | $1.30B | $1.33B | $1.29B | $1.25B | $1.26B | $1.19B | $1.21B | $1.28B |
| Stockholders' Equity | $1.86B | $1.87B | $1.88B | $1.84B | $1.83B | $1.75B | $1.69B | $1.67B | $1.54B | $1.46B |
| Retained Earnings | $2.71B | $2.63B | $2.55B | $2.45B | $2.38B | $2.21B | $2.12B | $2.05B | $1.89B | $1.79B |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $119.32M | - | - | $127.75M | - | - | $66.21M | - |
| Investing Cash Flow | - | - | ($9.55M) | - | - | ($15.22M) | - | - | ($25.66M) | - |
| Financing Cash Flow | - | - | ($78.56M) | - | - | ($34.05M) | - | - | ($22.48M) | - |
| CapEx | $4.73M | $6.28M | $7.30M | $5.20M | $7.55M | $5.55M | $5.52M | $7.49M | $4.34M | $7.26M |
| Free Cash Flow | - | - | $112.02M | - | - | $122.20M | - | - | $61.87M | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 30.4% | 30.4% | 30.1% | 30.6% | 30.5% | 29.6% | 29.4% | 29.5% | 29.7% | 29.1% |
| Operating margin | 11.0% | 10.6% | 10.8% | 11.3% | 11.1% | 10.3% | 10.6% | 10.6% | 11.0% | 10.6% |
| EBITDA margin | 11.5% | 11.2% | 11.3% | 11.8% | 11.7% | 10.8% | 11.2% | 11.1% | 11.5% | 11.2% |
| Net margin | 8.0% | 8.2% | 8.4% | 8.7% | 8.6% | 8.4% | 8.5% | 8.5% | 8.6% | 7.6% |
| Free cash flow margin | - | - | 9.3% | - | - | 11.1% | - | - | 5.6% | - |
| FCF / Net income | - | - | 1.11 | - | - | 1.33 | - | - | 0.66 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.4% | 19.8% | 19.4% | 19.3% | 19.4% | 19.3% | 18.8% | 18.9% | 18.7% | 18.4% |
| Effective tax rate | 26.2% | 22.3% | 21.6% | 23.9% | 21.6% | 20.7% | 21.1% | 20.7% | 21.1% | 24.1% |
| Return on assets | 3.3% | 3.0% | 3.2% | 2.9% | 3.2% | 3.1% | 3.1% | 3.4% | 3.4% | 2.9% |
| Return on equity | 5.4% | 5.1% | 5.4% | 5.1% | 5.5% | 5.3% | 5.4% | 5.8% | 6.1% | 5.5% |
| Return on invested capital | 4.6% | 3.9% | 4.1% | 3.8% | 4.2% | 3.9% | 4.0% | 4.3% | 4.5% | 4.2% |
| Liquidity | ||||||||||
| Current ratio | 2.95 | 3.68 | 3.55 | 3.32 | 3.57 | 3.78 | 3.53 | 3.77 | 3.52 | 3.05 |
| Quick ratio | 1.97 | 2.56 | 2.50 | 2.36 | 2.51 | 2.74 | 2.56 | 2.70 | 2.44 | 2.12 |
| Cash ratio | 0.32 | 0.85 | 0.78 | 0.74 | 0.74 | 1.13 | 0.92 | 0.97 | 0.77 | 0.64 |
| Leverage | ||||||||||
| Debt / Equity | 0.19 | 0.31 | 0.30 | 0.31 | 0.31 | 0.33 | 0.34 | 0.34 | 0.39 | 0.41 |
| Debt / Assets | 0.12 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | 0.20 | 0.22 | 0.22 |
| Debt / EBITDA | 2.41 | 4.41 | 4.22 | 4.51 | 4.21 | 4.81 | 4.74 | 4.50 | 4.72 | 5.04 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.61 | 1.69 | 1.69 | 1.72 | 1.70 | 1.71 | 1.75 | 1.71 | 1.79 | 1.88 |
| Liabilities / Assets | 0.38 | 0.41 | 0.41 | 0.42 | 0.41 | 0.42 | 0.43 | 0.42 | 0.44 | 0.47 |
| Efficiency | ||||||||||
| Asset turnover | 0.42 | 0.37 | 0.38 | 0.34 | 0.37 | 0.37 | 0.36 | 0.40 | 0.40 | 0.39 |
| Inventory turnover | 1.65 | 1.53 | 1.61 | 1.47 | 1.62 | 1.56 | 1.56 | 1.60 | 1.52 | 1.50 |
| Days sales outstanding | 231d | 222d | 229d | 262d | 236d | 230d | 246d | 226d | 232d | 244d |
| Days inventory outstanding | 221d | 238d | 227d | 248d | 225d | 235d | 234d | 228d | 241d | 243d |
| Days payable outstanding | 127d | 116d | 121d | 137d | 127d | 125d | 128d | 122d | 123d | 146d |
| Cash conversion cycle | 325d | 344d | 336d | 372d | 334d | 339d | 352d | 331d | 349d | 341d |
| Valuation | ||||||||||
| P / E | 100.1x | 102.3x | 99.3x | 97.3x | 87.7x | 94.5x | 83.6x | 79.7x | 64.7x | 70.6x |
| P / B | 5.4x | 5.2x | 5.3x | 4.9x | 4.8x | 5.0x | 4.5x | 4.6x | 4.0x | 3.9x |
| P / S | 8.0x | 8.4x | 8.3x | 8.4x | 7.5x | 7.9x | 7.1x | 6.8x | 5.5x | 5.4x |
| EV / EBITDA | 70.5x | 76.6x | 75.1x | 72.9x | 66.0x | 73.2x | 64.1x | 62.0x | 50.0x | 50.1x |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.3% | 8.4% | 9.2% | -0.4% | 1.8% | 0.3% | 1.6% | 1.3% | 3.1% | 20.9% |
| Revenue CAGR (3y) | 3.4% | 3.1% | 4.1% | 7.0% | 6.0% | 7.2% | 12.8% | 10.9% | 13.6% | 8.4% |
| Revenue CAGR (5y) | 8.3% | 9.1% | 9.9% | 5.2% | 7.0% | 5.1% | 10.1% | 6.7% | 10.0% | 9.7% |
| Gross profit growth (YoY) | 7.2% | 7.7% | 11.2% | 3.5% | 5.0% | 0.0% | 2.8% | 1.5% | 6.0% | 19.7% |
| Operating income growth (YoY) | 6.6% | 1.9% | 14.0% | 5.5% | 6.8% | -6.2% | 1.5% | -4.5% | 13.3% | 44.4% |
| Net income growth (YoY) | -0.0% | 2.2% | 9.5% | 2.3% | 2.7% | -1.9% | 13.4% | 0.0% | 22.0% | 41.1% |
| EPS growth (YoY) | 3.1% | 5.0% | 11.4% | 3.0% | 3.6% | -1.3% | 13.2% | 0.4% | 21.3% | 40.4% |
| EPS CAGR (3y) | 2.4% | 7.0% | 10.1% | 17.9% | 13.7% | 20.2% | - | 20.4% | 39.0% | 28.3% |
| EPS CAGR (5y) | 13.3% | - | 24.2% | 19.8% | - | 18.7% | 18.6% | 42.6% | 14.0% | 21.0% |
| FCF growth (YoY) | - | - | -8.3% | - | - | 97.5% | - | - | 203.4% | - |
| FCF CAGR (5y) | - | - | 7.4% | - | - | 22.1% | - | - | 48.3% | - |
| Book value growth (YoY) | 1.8% | 1.6% | 7.5% | 9.2% | 9.5% | 14.1% | 15.8% | 20.9% | 25.8% | 26.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$4.56B totalService Center Segment$3.01B · 66.1%
Engineered Solutions Segment$1.55B · 33.9%
Geographic
$3.01B totalUS$2.52B · 83.7%
CA$296.66M · 9.8%
Other Countries$193.65M · 6.4%
Peer comparison
Same SIC group: Wholesale-Machinery, Equipment & Supplies
Comparing APPLIED INDUSTRIAL TECHNOLOGIES INC against the 5 most active filers in the same SIC group.
Dividends
$1.94/share trailing 12 months · +16.9% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.5100 |
| Feb 13, 2026 | $0.5100 |
| Nov 14, 2025 | $0.4600 |
| Aug 15, 2025 | $0.4600 |
| May 15, 2025 | $0.4600 |
| Feb 14, 2025 | $0.4600 |
| Nov 15, 2024 | $0.3700 |
| Aug 15, 2024 | $0.3700 |
| May 14, 2024 | $0.3700 |
| Feb 14, 2024 | $0.3700 |
| Nov 14, 2023 | $0.3500 |
| Aug 14, 2023 | $0.3500 |
| May 12, 2023 | $0.3500 |
| Feb 14, 2023 | $0.3500 |
| Nov 14, 2022 | $0.3400 |
| Aug 12, 2022 | $0.3400 |
| May 13, 2022 | $0.3400 |
| Feb 14, 2022 | $0.3400 |
| Nov 12, 2021 | $0.3300 |
| Aug 13, 2021 | $0.3300 |
| May 13, 2021 | $0.3300 |
| Feb 12, 2021 | $0.3300 |
| Nov 13, 2020 | $0.3200 |
| Aug 13, 2020 | $0.3200 |