Applied Industrial Technologies

US · AIT #1307 by market cap Listed 1970

334.58 -10.41 -3.02%

Live - 5344 symbols - heartbeat 106s ago · 2026-10-08 06:19

Pre-market 334.71 +0.04%

After-hours 334.58 0.00%

Market cap: 12.29B
P/E (TTM): 30.56
P/B: 6.60
EPS: 10.95
Div yield: 0.58%
52W pos: 71%

Reader sentiment Are you bullish or bearish on AIT?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 10.36, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +8.84% YoY

Margins

Gross margin: 30.34%
Operating margin: 11.06%
Net margin: 8.35%

Key ratios & quality

PEG ratio: 4.98
Altman Z-Score: 10.36

PEG uses trailing P/E against the 3-year net income growth rate (6.13%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	3.47B	3.25B	3.24B	3.81B	4.41B	4.48B	4.56B	4.97B
Gross profit	1.01B	937.74M	935.52M	1.11B	1.29B	1.34B	1.38B	1.51B
Selling & admin expenses	741.76M	717.98M	680.54M	749.06M	813.81M	840.83M	884.63M	957.32M
Research & development	--	--	--	--	--	--	--	--
Operating profit	265.86M	219.76M	254.98M	357.86M	473.15M	495.82M	498.53M	549.47M
Pretax profit	194.48M	55.24M	177.06M	329.79M	449.81M	498.13M	500.97M	544.27M
Tax	50.49M	31.19M	32.31M	72.38M	103.07M	112.37M	107.98M	129.75M
Net profit	143.99M	24.04M	144.76M	257.41M	346.74M	385.76M	392.99M	414.53M
Basic EPS	4	1	4	7	9	10	10	11
Diluted EPS	3.68	0.62	3.68	6.58	8.84	9.83	10.12	10.95

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	1.17B	1.22B	1.20B	1.16B	1.25B	1.35B
Gross profit	355.29M	374.74M	361.43M	353.33M	380.80M	411.22M
Selling & admin expenses	225.89M	239.65M	232.40M	230.13M	242.88M	251.91M
Research & development	--	--	--	--	--	--
Operating profit	129.40M	135.09M	129.03M	123.21M	137.93M	159.31M
Pretax profit	127.28M	135.04M	128.59M	122.77M	135.13M	157.79M
Tax	27.48M	27.21M	27.78M	27.42M	35.36M	39.19M
Net profit	99.80M	107.84M	100.81M	95.35M	99.77M	118.60M
Basic EPS	3	3	3	3	3	3
Diluted EPS	2.57	2.80	2.63	2.51	2.65	3.17

Balance sheet

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Total current assets	1.15B	1.16B	1.20B	1.36B	1.65B	1.77B	1.75B	1.58B
Cash & ST investments	108.22M	268.55M	257.75M	184.47M	344.04M	460.62M	388.42M	127.13M
Inventory	447.56M	389.15M	362.55M	449.82M	501.18M	488.26M	505.34M	508.98M
Total assets	2.33B	2.28B	2.27B	2.45B	2.74B	2.95B	3.18B	3.01B
Total current liabilities	423.79M	426.08M	427.70M	499.63M	540.34M	501.10M	526.15M	612.41M
Short-term debt	49.04M	78.65M	43.53M	40.17M	25.17M	25.06M	--	--
Long-term debt	908.85M	855.14M	784.86M	649.15M	596.93M	572.28M	572.30M	262.30M
Total liabilities	1,434,663,000.00	1,440,009,000.00	1,339,261,000.00	1,303,233,000.00	1,284,895,000.00	1,263,129,000.00	1,331,024,000.00	1,148,224,000.00
Total equity	897.03M	843.54M	932.55M	1.15B	1.46B	1.69B	1.84B	1.86B
Retained earnings	1.23B	1.20B	1.29B	1.50B	1.79B	2.12B	2.45B	2.79B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	1.69B	1.75B	1.77B	1.75B	1.58B	1.58B
Cash & ST investments	352.84M	388.42M	418.72M	405.99M	171.58M	127.13M
Inventory	500.56M	505.34M	521.68M	529.00M	526.32M	508.98M
Total assets	3.12B	3.18B	3.19B	3.16B	2.99B	3.01B
Total current liabilities	474.19M	526.15M	497.76M	475.48M	536.62M	612.41M
Short-term debt	--	--	--	--	18.00M	--
Long-term debt	572.30M	572.30M	572.30M	572.30M	347.30M	262.30M
Total liabilities	1,288,182,000.00	1,331,024,000.00	1,301,719,000.00	1,284,914,000.00	1,128,668,000.00	1,148,224,000.00
Total equity	1.83B	1.84B	1.88B	1.87B	1.86B	1.86B
Retained earnings	2.38B	2.45B	2.55B	2.63B	2.71B	2.79B

Cash flow

Line item	2019	2020	2021	2022	2023	2024	2025	2026
Operating cash flow	180.60M	296.71M	241.70M	187.57M	343.97M	371.39M	492.39M	484.08M
Depreciation & amortization	62.12M	62.75M	55.15M	53.56M	53.07M	52.35M	60.48M	65.95M
Free cash flow	161.63M	276.60M	225.85M	169.45M	317.49M	346.53M	465.20M	460.52M
Dividends paid	-47.27M	-48.87M	-50.66M	-51.81M	-53.45M	-55.88M	-63.70M	-72.60M
Stock buybacks / issuance	-11.16M	0	-40.09M	-13.78M	-716.00K	-73.39M	-152.84M	-317.22M
Ending cash balance	108.22M	268.55M	257.75M	184.47M	344.04M	460.62M	388.42M	127.13M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	122.45M	147.05M	119.32M	99.66M	100.11M	165.00M
Depreciation & amortization	16.80M	16.66M	16.69M	16.72M	16.28M	16.26M
Free cash flow	114.90M	138.16M	112.02M	93.38M	95.38M	159.74M
Dividends paid	-17.69M	-17.54M	-17.38M	-17.34M	-19.00M	-18.87M
Stock buybacks / issuance	-49.71M	-73.04M	-53.18M	-90.23M	-92.98M	-80.84M
Ending cash balance	352.84M	388.42M	418.72M	405.99M	171.58M	127.13M

Returns & efficiency

Line item	2019	2020	2021	2022	2023	2024	2025	2026
ROE %	16.82	2.76	16.30	24.73	26.59	24.51	22.24	22.37
ROA %	6.24	1.04	6.36	10.90	13.35	13.55	12.83	13.40
ROIC %	9.56	2.79	9.60	15.44	18.55	17.77	16.82	18.52
5-year avg ROE %	14.65	12.21	14.63	15.75	17.44	18.98	22.88	24.09
EBIT margin %	6.77	2.85	6.42	9.36	10.76	11.58	11.38	11.31
FCF / sales %	4.65	8.52	6.98	4.45	7.19	7.74	10.19	9.27
Current ratio	2.71	2.72	2.80	2.72	3.05	3.53	3.32	2.58
Quick ratio	1.53	1.69	1.81	1.68	1.95	2.37	2.20	1.56
Debt / assets	41.08	40.89	36.46	28.11	22.68	20.24	18.02	8.71
LT debt / equity	101.32	101.38	84.16	56.48	40.93	33.89	31.03	14.09
Interest coverage	5.77	2.48	6.75	13.31	19.14	25.25	28.50	32.31
Revenue CAGR (3Y) %	11.29	7.76	1.73	3.14	10.78	11.45	6.19	4.02
Net income CAGR (3Y) %	69.48	-43.59	0.73	21.37	143.41	38.64	15.15	6.13
FCF CAGR (3Y) %	2.78	23.30	22.10	1.59	4.70	15.34	40.02	13.20

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	22.23	22.24	22.10	22.02	21.90	22.37
ROA %	13.02	12.83	12.98	13.02	13.23	13.40
ROIC %	16.75	16.82	16.81	16.78	17.39	18.52
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	11.59	11.38	11.47	11.30	11.28	11.31
FCF / sales %	9.75	10.19	9.76	9.64	9.07	9.27
Current ratio	3.57	3.32	3.55	3.68	2.95	2.58
Quick ratio	2.34	2.20	2.35	2.34	1.80	1.56
Debt / assets	18.37	18.02	17.97	18.11	12.22	8.71
LT debt / equity	31.32	31.03	30.38	30.53	18.67	14.09
Interest coverage	--	28.50	--	--	--	32.31
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Service Center is the largest reported line at 64.11% of revenue, across 2 reported segments.
Engineered Solutions follows at 35.89%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Service Center64.11%

Engineered Solutions35.89%

Region

United States88.29%

Canada6.06%

Other countries5.65%

Quote time 2026-10-08 06:19:41 · For reference only, not investment advice and not tailored to your situation.