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applied industrial technologies inc. - AIT

AIT

Close Chg Chg %
258.41 1.78 0.69%

Closed Market

260.19

+1.78 (0.69%)

Volume: 336.23K

Last Updated:

Feb 4, 2025, 3:59 PM EDT

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Company Overview: applied industrial technologies inc. - AIT

AIT Key Data

Open

$259.00

 Day Range

257.10 - 261.06

52 Week Range

177.68 - 282.84

 Market Cap

$9.92B

Shares Outstanding

38.38M

 Public Float

38.00M

Beta

1.08

 Rev. Per Employee

N/A

P/E Ratio

26.16

 EPS

$10.02

Yield

57.26%

 Dividend

$0.46

EX-DIVIDEND DATE

Feb 14, 2025

 SHORT INTEREST

N/A

AVERAGE VOLUME

351.69K

  

AIT Performance

1 Week
 
 0.01%
 
1 Month
 
 6.13%
 
3 Months
 
 -3.05%
 
1 Year
 
 42.16%
 
5 Years
 
 289.02%
 

AIT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 9
Full Ratings ➔

About applied industrial technologies inc. - AIT

Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Engineered Solutions segments. The Service Center Based Distribution segment is involved in local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. The Engineered Solutions segment focuses on distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

AIT At a Glance

Applied Industrial Technologies, Inc.
1 Applied Plaza
Cleveland, Ohio 44115-5000
Phone 1-216-426-4000 Revenue 4.48B
Industry Wholesale Distributors Net Income 385.76M
Sector Distribution Services 2024 Sales Growth 1.51%
Fiscal Year-end 06 / 2025 Employees 6,500
View SEC Filings

AIT Valuation

P/E Current 26.164
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 19.742
Price to Sales Ratio 1.70
Price to Book Ratio 4.412
Price to Cash Flow Ratio 20.506
Enterprise Value to EBITDA 14.013
Enterprise Value to Sales 1.761
Total Debt to Enterprise Value 0.093

AIT Efficiency

Revenue/Employee 689,139.385
Income Per Employee 59,348.00
Receivables Turnover 6.074
Total Asset Turnover 1.573

AIT Liquidity

Current Ratio 3.532
Quick Ratio 2.558
Cash Ratio 0.919

AIT Profitability

Gross Margin 28.671
Operating Margin 11.402
Pretax Margin 11.12
Net Margin 8.612
Return on Assets 13.547
Return on Equity 24.514
Return on Total Capital 15.916
Return on Invested Capital 17.171

AIT Capital Structure

Total Debt to Total Equity 43.519
Total Debt to Total Capital 30.323
Total Debt to Total Assets 24.897
Long-Term Debt to Equity 40.054
Long-Term Debt to Total Capital 27.908
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Applied Industrial Technologies Inc. - AIT

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
3.24B 3.81B 4.41B 4.48B
Sales Growth
-0.30% +17.76% +15.80% +1.51%
Cost of Goods Sold (COGS) incl D&A
2.35B 2.76B 3.18B 3.20B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
55.15M 53.55M 53.07M 52.35M
Depreciation
20.78M 21.68M 22.27M 23.43M
Amortization of Intangibles
34.37M 31.88M 30.80M 28.92M
COGS Growth
-0.79% +17.43% +15.29% +0.51%
Gross Income
887.78M 1.05B 1.23B 1.28B
Gross Income Growth
+1.01% +18.65% +17.14% +4.09%
Gross Profit Margin
+27.44% +27.64% +27.96% +28.67%
2021 2022 2023 2024 5-year trend
SG&A Expense
613.10M 686.20M 754.34M 773.58M
Research & Development
- - - -
-
Other SG&A
613.10M 686.20M 754.34M 773.58M
SGA Growth
-5.66% +11.92% +9.93% +2.55%
Other Operating Expense
- - - -
-
Unusual Expense
65.18M 11.91M 4.18M 11.60M
EBIT after Unusual Expense
209.50M 355.25M 475.37M 499.12M
Non Operating Income/Expense
9.92M 12.69M (8.06M) 868.00K
Non-Operating Interest Income
215.00K 522.00K 3.15M 17.71M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
42.36M 38.15M 17.50M 1.86M
Interest Expense Growth
+1.09% -9.95% -54.11% -89.37%
Gross Interest Expense
42.36M 38.15M 17.50M 1.86M
Interest Capitalized
- - - -
-
Pretax Income
177.06M 329.79M 449.81M 498.13M
Pretax Income Growth
+220.56% +86.26% +36.39% +10.74%
Pretax Margin
+5.47% +8.65% +10.19% +11.12%
Income Tax
32.30M 72.38M 103.07M 112.37M
Income Tax - Current - Domestic
57.72M 50.80M 103.32M 109.52M
Income Tax - Current - Foreign
5.67M 6.40M 5.47M 3.92M
Income Tax - Deferred - Domestic
(28.91M) 15.13M (1.97M) 368.00K
Income Tax - Deferred - Foreign
(2.17M) 50.00K (3.75M) (1.44M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
144.76M 257.41M 346.74M 385.76M
Minority Interest Expense
- - - -
-
Net Income
144.76M 257.41M 346.74M 385.76M
Net Income Growth
+502.10% +77.82% +34.70% +11.25%
Net Margin Growth
+4.47% +6.76% +7.86% +8.61%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
144.76M 257.41M 346.74M 385.76M
Preferred Dividends
- - - -
-
Net Income Available to Common
144.76M 257.41M 346.74M 385.76M
EPS (Basic)
3.7349 6.6911 8.9847 9.9752
EPS (Basic) Growth
+500.56% +79.15% +34.28% +11.02%
Basic Shares Outstanding
38.76M 38.47M 38.59M 38.67M
EPS (Diluted)
3.6838 6.5826 8.8409 9.8266
EPS (Diluted) Growth
+497.53% +78.69% +34.31% +11.15%
Diluted Shares Outstanding
39.30M 39.10M 39.22M 39.26M
EBITDA
329.83M 420.71M 532.62M 563.08M
EBITDA Growth
+13.06% +27.56% +26.60% +5.72%
EBITDA Margin
+10.19% +11.04% +12.07% +12.57%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 292.857
Number of Ratings 9 Current Quarters Estimate 2.413
FY Report Date 03 / 2025 Current Year's Estimate 9.928
Last Quarter’s Earnings 2.39 Median PE on CY Estimate N/A
Year Ago Earnings 9.75 Next Fiscal Year Estimate 10.80
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 8 8
Mean Estimate 2.41 2.76 9.93 10.80
High Estimates 2.45 2.83 10.04 11.15
Low Estimate 2.38 2.69 9.85 10.65
Coefficient of Variance 0.96 1.98 0.70 1.48

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 5
OVERWEIGHT 3 3 2
HOLD 1 1 1
UNDERWEIGHT 0 0 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Applied Industrial Technologies Inc. - AIT

Date Name Shares Transaction Value
Jan 6, 2025 Peter C. Wallace Director 4,790 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $274.72 per share 1,315,908.80
Jul 17, 2024 Peter C. Wallace Director 26,236 Other acquisition or disposition Non-derivative transaction at $194.56 per share 5,104,476.16
May 22, 2024 Jason W. Vasquez VP-Sales & Marketing-USSC 22,960 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $196.71 per share 4,516,461.60

Applied Industrial Technologies Inc. in the News