Applied Industrial Technologies Inc (AIT) Financial Statements
Industry: Machinery, Equipment & Supplies (Wholesale)
In fiscal 2026, Applied Industrial Technologies reported revenue of $4.97B, up 8.8% from $4.56B the year before. Net income was $414.5M (a 8.3% net margin), or $10.95 per diluted share. Gross margin was 30.3% and operating margin was 11.1%. Operating activities generated $484.1M of cash, leaving $460.5M of free cash flow. At fiscal year end, Applied Industrial Technologies held $3.01B in total assets against $1.15B in total liabilities.
Open the full interactive Applied Industrial Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Applied Industrial Technologies Key Stats
| Share Price | $332.85 |
|---|---|
| Market Cap | $12.60B |
| P/E Ratio | 30.4 |
| Revenue YoY Growth | +8.8% |
| 52-Week Range | $239.46 – $361.95 |
| Shares Outstanding | 37.4 million (basic, 2026 Q4) |
Applied Industrial Technologies Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $3.24B | $3.81B | $4.41B | $4.48B | $4.56B | $4.97B |
| Cost of Goods Sold | $2.30B | $2.70B | $3.13B | $3.14B | $3.18B | $3.46B |
| Gross Profit | $935.5M | $1.11B | $1.29B | $1.34B | $1.38B | $1.51B |
| Operating Income | $205.5M | $357.9M | $473.2M | $495.8M | $498.5M | $549.5M |
| Pre-Tax Income | $177.1M | $329.8M | $449.8M | $498.1M | $501.0M | $544.3M |
| Income Tax | $32.3M | $72.4M | $103.1M | $112.4M | $108.0M | $129.7M |
| Net Income | $144.8M | $257.4M | $346.7M | $385.8M | $393.0M | $414.5M |
| Diluted EPS | $3.68 | $6.58 | $8.84 | $9.83 | $10.12 | $10.95 |
Applied Industrial Technologies Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $1.20B | $1.16B | $1.25B | $1.35B |
| Net Income | $100.8M | $95.3M | $99.8M | $118.6M |
| Diluted EPS | $2.63 | $2.51 | $2.65 | $3.13 |
Applied Industrial Technologies Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $257.7M | — | — | — | — | — |
| Current Assets | $1.20B | $1.36B | $1.65B | $1.77B | $1.75B | $1.58B |
| Total Assets | $2.27B | $2.45B | $2.74B | $2.95B | $3.18B | $3.01B |
| Current Liabilities | $427.7M | $499.6M | $540.3M | $501.1M | $526.2M | $612.4M |
| Total Long-Term Debt | $828.4M | $689.3M | $622.1M | $597.3M | $572.3M | $262.3M |
| Total Liabilities | $1.34B | $1.30B | $1.28B | $1.26B | $1.33B | $1.15B |
| Shareholders' Equity | $932.5M | $1.15B | $1.46B | $1.69B | $1.84B | $1.86B |
Applied Industrial Technologies Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $241.7M | $187.6M | $344.0M | $371.4M | $492.4M | $484.1M |
| Cash From Investing | -$44.9M | -$35.7M | -$60.8M | -$95.4M | -$318.8M | -$33.9M |
| Cash From Financing | -$213.0M | -$223.0M | -$126.9M | -$156.5M | -$245.6M | -$711.5M |
| Free Cash Flow | $225.8M | $169.4M | $317.5M | $346.5M | $465.2M | $460.5M |
Figures from Applied Industrial Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Applied Industrial Technologies financials page for every line item.
Applied Industrial Technologies Company Profile
| Ticker | AIT |
|---|---|
| Exchange | NYSE |
| Industry | Machinery, Equipment & Supplies (Wholesale) |
| Headquarters | Cleveland, Ohio |
| Incorporated in | Ohio |
| Fiscal Year End | June 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000109563 |
Frequently Asked Questions
What was Applied Industrial Technologies' revenue in fiscal 2026?
Applied Industrial Technologies (AIT) reported revenue of $4.97B for fiscal 2026.
What is Applied Industrial Technologies' annual revenue history?
Applied Industrial Technologies' annual revenue by fiscal year: 2021: $3.24B; 2022: $3.81B; 2023: $4.41B; 2024: $4.48B; 2025: $4.56B; 2026: $4.97B.
What was Applied Industrial Technologies' net income in fiscal 2026?
Applied Industrial Technologies reported net income of $414.5M for fiscal 2026.
What was Applied Industrial Technologies' earnings per share (EPS) in fiscal 2026?
Applied Industrial Technologies' diluted EPS was $10.95 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Applied Industrial Technologies generate in fiscal 2026?
Applied Industrial Technologies generated $460.5M of free cash flow in fiscal 2026.
What was Applied Industrial Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q4), Applied Industrial Technologies reported revenue of $1.35B.
How much debt does Applied Industrial Technologies have?
Applied Industrial Technologies reported $262.3M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Applied Industrial Technologies are outstanding?
Applied Industrial Technologies reported a weighted average of 37.4 million basic shares outstanding in 2026 Q4.
What is Applied Industrial Technologies' market cap?
Based on its latest closing price, Applied Industrial Technologies (AIT) has a market capitalization of about $12.60B.
When does Applied Industrial Technologies' fiscal year end?
Applied Industrial Technologies' fiscal year end, as registered with the SEC, is June 30.
Where is Applied Industrial Technologies headquartered?
Applied Industrial Technologies lists its business address in Cleveland, Ohio in its SEC filings.
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