
APPLIED INDUSTRIAL TECH INC
AITNYSETrading Snapshot
- Day Range
- $857.32 β $882.22
- 52-Week Range
- $238.34 β $362.93
- Volume
- $2.63B
- Avg Volume
- $2.91B
- Shares Outstanding
- 37.0M
- Next Earnings
- Sep 30, 2026
Fundamentals Snapshot
- Annual Revenue
- $4.56B
- Last Q Revenue
- $1.25B
- P/E Ratio
- 33.0
- P/S Ratio
- 2.8x
- EPS (TTM)
- $10.59
- Dividend Yield
- 0.54%
Why Investors Own AIT
- βHigh-growth profile β revenue up +53.7% YoY with expanding US Equity exposure.
- βHealthy economics β 29% gross margin and 29% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About APPLIED INDUSTRIAL TECH INC
Applied 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.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
APPLIED INDUSTRIAL TECH INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift AIT price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
APPLIED INDUSTRIAL TECH INC announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.