
Applied Industrial Technologies, Inc.
AITNYSEIndustrialsIndustrial - Distribution
Previous close
$341.62
+$1.28 · +0.38%
AIT company overview
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AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
57
Fair Value
Momentum
53
Neutral
Sentiment
59
Mixed
Risk resilience
77
Moderate Risk
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Company profile
Company websiteApplied Industrial Technologies, Inc. (AIT) is a prominent distributor specializing in advanced solutions for industrial motion, power, control, and automation. Its operational footprint extends across North America, Australia, New Zealand, and Singapore. The company structures its operations into two main divisions: Service Center Based Distribution and Fluid Power & Flow Control. AIT's extensive product portfolio encompasses a wide range of industrial components and systems, including bearings, power transmission equipment, engineered fluid power systems, specialized flow control mechanisms, cutting-edge automation products, various industrial rubber items, linear motion components, and essential tools, safety gear, and oilfield provisions. Furthermore, it supplies motors, belting, drives, couplings, pumps, hydraulic and pneumatic parts, filtration products, valves, fittings, process instrumentation, actuators, and hoses, alongside other crucial supplies necessary for the general operational upkeep of customer machinery. Beyond product distribution, AIT offers robust service capabilities, including operating specialized fabricated rubber workshops and deploying field crews for the installation, modification, and repair of conveyor belts and rubber linings. The company also provides custom hose assemblies, comprehensive equipment repair, and valuable technical support services. Products are channeled to customers via an expansive network of strategically located service centers. Its diverse clientele spans numerous sectors such as agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery, life sciences, mining, oil and gas, primary metals, technology, transportation, utilities, and governmental bodies. Established in 1923 under its original name, Bearings, Inc., the company adopted its current moniker, Applied Industrial Technologies, Inc., in 1997. Its corporate headquarters are situated in Cleveland, Ohio.
- Industry
- Industrial - Distribution
- Sector
- Industrials
- Headquarters
- US
- CEO
- Neil A. Schrimsher
- Listed since
- Mar 17, 1980
- Employees
- 6,900
Market position
Day range
Current $341.62
52-week range
Current $341.62
- Open
- $342.96
- Previous close
- $340.34
- Volume
- 163.63K
- 0.6× average
- Average volume
- 272.4K
- Average daily volume
- Market cap
- 12.63B USD
- Beta
- 0.85
- Market reference 1
- 50-day average
- $339.36
- +0.67% above average
- 200-day average
- $292.82
- +16.67% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 13B USD
- P/E (TTM)
- 30.8×
- P/B (TTM)
- 6.86×
- P/S (TTM)
- 2.54×
- EV / EBITDA
- 23.53×
- Earnings yield
- 3.28%
- Free cash flow yield
- 3.64%
- Dividend yield
- 0.58%
Profitability & efficiency
- Gross margin
- 30.34%
- Operating margin
- 11.06%
- Net margin
- 8.35%
- Return on equity
- 22.27%
- Return on assets
- 13.77%
- Return on invested capital
- 17.08%
Financial health
- Debt / equity
- 0.26×
- Current ratio
- 2.58×
- Altman Z-score
- 10.54
- Piotroski F-score
- 8 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 4.97B USD | 4.56B USD | 4.48B USD | 4.41B USD | 3.81B USD |
| Cost of goods sold | 3.46B USD | 3.18B USD | 3.14B USD | 3.13B USD | 2.7B USD |
| Gross profit | 1.51B USD | 1.38B USD | 1.34B USD | 1.29B USD | 1.11B USD |
| Selling, general, and administrative | 957.32M USD | 884.63M USD | 840.83M USD | 813.81M USD | 749.67M USD |
| Operating expenses | 957.32M USD | 884.63M USD | 840.83M USD | 813.81M USD | 749.06M USD |
| Interest income | — | 17.6M USD | 17.71M USD | 3.15M USD | 522K USD |
| Interest expense | 7.94M USD | 34.34M USD | 20.54M USD | 24.79M USD | 26.79M USD |
| Depreciation and amortization | — | 60.48M USD | 52.35M USD | 53.07M USD | 53.56M USD |
| Operating income | 549.47M USD | 498.53M USD | 495.82M USD | 473.15M USD | 357.86M USD |
| Net income | 414.53M USD | 392.99M USD | 385.76M USD | 346.74M USD | 257.41M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 100%
- 11 beats, 0 misses, 0 met estimates
- Average EPS surprise
- +5.56%
- 11 comparable reports
- Latest EPS result
- 3.17
- Estimate 2.92 · Beat by 8.56%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$402
17.67% upsideRating distribution
17 ratingsRecent analyst actions
AIT news
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$1.84
2025 complete year+39.4% since 2021
2026 partial: $1.53
$1.32
2,021
$1.36
2,022
$1.40
2,023
$1.48
2,024
$1.84
2,025
$1.53
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Aug 14, 2026 | $0.51Quarterly | Aug 14, 2026 | Aug 31, 2026 |
Dividend | May 15, 2026 | $0.51Quarterly | May 15, 2026 | May 29, 2026 |
Dividend | Feb 13, 2026 | $0.51Quarterly | Feb 13, 2026 | Feb 27, 2026 |
Dividend | Nov 14, 2025 | $0.46Quarterly | Nov 14, 2025 | Nov 28, 2025 |
Dividend | Aug 15, 2025 | $0.46Quarterly | Aug 15, 2025 | Aug 29, 2025 |
Dividend | May 15, 2025 | $0.46Quarterly | May 15, 2025 | May 30, 2025 |
Ex-dividend Aug 14, 2026
$0.51
Quarterly
Record Aug 14, 2026 · Payment Aug 31, 2026
Ex-dividend May 15, 2026
$0.51
Quarterly
Record May 15, 2026 · Payment May 29, 2026
Ex-dividend Feb 13, 2026
$0.51
Quarterly
Record Feb 13, 2026 · Payment Feb 27, 2026
Ex-dividend Nov 14, 2025
$0.46
Quarterly
Record Nov 14, 2025 · Payment Nov 28, 2025
Ex-dividend Aug 15, 2025
$0.46
Quarterly
Record Aug 15, 2025 · Payment Aug 29, 2025
Ex-dividend May 15, 2025
$0.46
Quarterly
Record May 15, 2025 · Payment May 30, 2025
AIT peers
ETFs holding AIT
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Mid-Cap ETFIJH458.68M0.36%125.92B USD0.05%$76.77+0.52%
Vanguard Morningstar Total Stock Market ETFVTI405.94M0.02%2.3T USD0.03%$378.24+0.44%
Vanguard Morningstar Small-Cap ETFVB293.26M0.16%183.4B USD0.03%$304.76+0.64%
First Trust RBA American Industrial RenaissanceTM ETFAIRR169.36M1.67%10.14B USD0.69%$115.27-0.10%
Vanguard Extended Market ETFVXF146.94M0.15%93.7B USD0.05%$245.53+0.82%
First Trust SMID Cap Rising Dividend Achievers ETFSDVY114.83M0.99%11.64B USD0.58%$43.87+0.46%
Vanguard Morningstar Small-Cap Value ETFVBR93.15M0.14%68.3B USD0.05%$249.18+0.68%
State Street SPDR S&P MIDCAP 400 ETF TrustMDY92.12M0.35%26.72B USD0.23%$699.6+0.48%
iShares Core S&P Mid-Cap ETFIJH- Market value
- 458.68M
- Weight
- 0.36%
- AUM
- 125.92B USD
- Expense ratio
- 0.05%
- Price / 1D
- $76.77+0.52%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 405.94M
- Weight
- 0.02%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 293.26M
- Weight
- 0.16%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
First Trust RBA American Industrial RenaissanceTM ETFAIRR- Market value
- 169.36M
- Weight
- 1.67%
- AUM
- 10.14B USD
- Expense ratio
- 0.69%
- Price / 1D
- $115.27-0.10%
Vanguard Extended Market ETFVXF- Market value
- 146.94M
- Weight
- 0.15%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
First Trust SMID Cap Rising Dividend Achievers ETFSDVY- Market value
- 114.83M
- Weight
- 0.99%
- AUM
- 11.64B USD
- Expense ratio
- 0.58%
- Price / 1D
- $43.87+0.46%
Vanguard Morningstar Small-Cap Value ETFVBR- Market value
- 93.15M
- Weight
- 0.14%
- AUM
- 68.3B USD
- Expense ratio
- 0.05%
- Price / 1D
- $249.18+0.68%
State Street SPDR S&P MIDCAP 400 ETF TrustMDY- Market value
- 92.12M
- Weight
- 0.35%
- AUM
- 26.72B USD
- Expense ratio
- 0.23%
- Price / 1D
- $699.6+0.48%
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