Applied Industrial Technologies IncAIT

NYSEIndustrialsWholesale-Machinery, Equipment & Supplies
Price (close)
$333.39
Market cap
$12.3B
P/E
29.6x
Revenue (FY)
$5.0B
Net income
$414.5M
Dividend yield
0.60%
1-year total return
29.5%
Net margin
8.3%
Revenue growth
8.8%
Debt / equity
0.14x

What Applied Industrial Technologies Inc does.

In this Annual Report on Form 10-K for the year ended June 30, 2026 (this "Annual Report"), “Applied” refers to Applied Industrial Technologies, Inc., an Ohio corporation. References to “we,” “us,” “our,” and “the Company” refer to Applied and its subsidiaries. Headquartered in Cleveland, Ohio, Applied and its predecessor companies have engaged in business since 1923. Applied operates on a fiscal year ending June 30.

We are a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies and related maintenance supplies. Through our comprehensive network of approximately 6,900 employee associates and approximately 580 facilities including service center, fluid power, flow control, and automation operations, as well as repair shops and distribution centers, we offer a selection of more than 9.4 million stock keeping units with a focus on industrial bearings, power transmission products, fluid power components and systems, specialty flow control, and advanced factory automation solutions, as well as general maintenance products. Our customers use our products and services for both Maintenance, Repair, and Operations ("MRO"), Original Equipment Manufacturing ("OEM"), and new system install applications across a variety of end markets primarily in North America, as well as Australia, New Zealand, and Singapore.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$3.2B$3.8B$4.4B$4.5B$4.6B$5.0B
Net income$144.8M$257.4M$346.7M$385.8M$393.0M$414.5M
Free cash flow$225.8M$169.4M$317.5M$346.5M$465.2M$460.5M

More on AIT.

Figures from Applied Industrial Technologies Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.