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Applied Industrial Technologies NYSE:AIT Stock Report

Last Price

US$187.53

Market Cap

US$7.2b

7D

1.9%

1Y

36.9%

Updated

21 Jun, 2024

Data

Company Financials +

Applied Industrial Technologies, Inc.

NYSE:AIT Stock Report

Market Cap: US$7.2b

AIT Stock Overview

Distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore.

AIT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Applied Industrial Technologies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Applied Industrial Technologies
Historical stock prices
Current Share PriceUS$187.53
52 Week HighUS$201.76
52 Week LowUS$136.68
Beta1.08
11 Month Change-5.80%
3 Month Change-4.90%
1 Year Change36.86%
33 Year Change109.88%
5 Year Change204.78%
Change since IPO29,236.77%

Recent News & Updates

Recent updates

Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?

Jun 08
Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?

Some Confidence Is Lacking In Applied Industrial Technologies, Inc.'s (NYSE:AIT) P/E

May 27
Some Confidence Is Lacking In Applied Industrial Technologies, Inc.'s (NYSE:AIT) P/E

Applied Industrial Technologies: Growth Should Accelerate

May 21

Under The Bonnet, Applied Industrial Technologies' (NYSE:AIT) Returns Look Impressive

May 13
Under The Bonnet, Applied Industrial Technologies' (NYSE:AIT) Returns Look Impressive

Is Now The Time To Put Applied Industrial Technologies (NYSE:AIT) On Your Watchlist?

May 01
Is Now The Time To Put Applied Industrial Technologies (NYSE:AIT) On Your Watchlist?

Calculating The Intrinsic Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)

Apr 18
Calculating The Intrinsic Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)

At US$197, Is Applied Industrial Technologies, Inc. (NYSE:AIT) Worth Looking At Closely?

Mar 25
At US$197, Is Applied Industrial Technologies, Inc. (NYSE:AIT) Worth Looking At Closely?

Applied Industrial Technologies: Good Growth Prospects Ahead

Mar 04

The Trend Of High Returns At Applied Industrial Technologies (NYSE:AIT) Has Us Very Interested

Feb 11
The Trend Of High Returns At Applied Industrial Technologies (NYSE:AIT) Has Us Very Interested

Applied Industrial Technologies (NYSE:AIT) Is Increasing Its Dividend To $0.37

Jan 28
Applied Industrial Technologies (NYSE:AIT) Is Increasing Its Dividend To $0.37

Applied Industrial Technologies (NYSE:AIT) Has A Rock Solid Balance Sheet

Jan 15
Applied Industrial Technologies (NYSE:AIT) Has A Rock Solid Balance Sheet

Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shareholders Might Be Looking For Exit

Jan 02
Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shareholders Might Be Looking For Exit

Applied Industrial Technologies, Inc. (NYSE:AIT) Shares Could Be 49% Below Their Intrinsic Value Estimate

Dec 19
Applied Industrial Technologies, Inc. (NYSE:AIT) Shares Could Be 49% Below Their Intrinsic Value Estimate

Applied Industrial Technologies: The Uptrend Should Continue

Dec 17

Should You Be Adding Applied Industrial Technologies (NYSE:AIT) To Your Watchlist Today?

Dec 07
Should You Be Adding Applied Industrial Technologies (NYSE:AIT) To Your Watchlist Today?

Is It Too Late To Consider Buying Applied Industrial Technologies, Inc. (NYSE:AIT)?

Oct 30
Is It Too Late To Consider Buying Applied Industrial Technologies, Inc. (NYSE:AIT)?

Applied Industrial Technologies (NYSE:AIT) Knows How To Allocate Capital Effectively

Oct 17
Applied Industrial Technologies (NYSE:AIT) Knows How To Allocate Capital Effectively

These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely

Oct 05
These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely

Applied Industrial Technologies: Slightly Expensive For Now

Oct 03

Applied Industrial Technologies, Inc.'s (NYSE:AIT) Intrinsic Value Is Potentially 40% Above Its Share Price

Sep 19
Applied Industrial Technologies, Inc.'s (NYSE:AIT) Intrinsic Value Is Potentially 40% Above Its Share Price

Here's Why Applied Industrial Technologies (NYSE:AIT) Has Caught The Eye Of Investors

Aug 23
Here's Why Applied Industrial Technologies (NYSE:AIT) Has Caught The Eye Of Investors

Applied Industrial Technologies (NYSE:AIT) Will Pay A Dividend Of $0.35

Jul 04
Applied Industrial Technologies (NYSE:AIT) Will Pay A Dividend Of $0.35

Why Applied Industrial Technologies, Inc. (NYSE:AIT) Could Be Worth Watching

Jun 27
Why Applied Industrial Technologies, Inc. (NYSE:AIT) Could Be Worth Watching

These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely

Jun 13
These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely

We Ran A Stock Scan For Earnings Growth And Applied Industrial Technologies (NYSE:AIT) Passed With Ease

May 17
We Ran A Stock Scan For Earnings Growth And Applied Industrial Technologies (NYSE:AIT) Passed With Ease

Returns On Capital Are A Standout For Applied Industrial Technologies (NYSE:AIT)

Apr 30
Returns On Capital Are A Standout For Applied Industrial Technologies (NYSE:AIT)

Applied Industrial Technologies' (NYSE:AIT) Dividend Will Be Increased To $0.35

Apr 30
Applied Industrial Technologies' (NYSE:AIT) Dividend Will Be Increased To $0.35

Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?

Mar 12
Is Applied Industrial Technologies (NYSE:AIT) Using Too Much Debt?

Is Now An Opportune Moment To Examine Applied Industrial Technologies, Inc. (NYSE:AIT)?

Feb 24
Is Now An Opportune Moment To Examine Applied Industrial Technologies, Inc. (NYSE:AIT)?

If EPS Growth Is Important To You, Applied Industrial Technologies (NYSE:AIT) Presents An Opportunity

Feb 09
If EPS Growth Is Important To You, Applied Industrial Technologies (NYSE:AIT) Presents An Opportunity

Applied Industrial Technologies Riding Automation To New Heights

Feb 02

Applied Industrial Technologies: Still A Buy

Jan 24

These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely

Dec 09
These 4 Measures Indicate That Applied Industrial Technologies (NYSE:AIT) Is Using Debt Safely

What Does Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Indicate?

Nov 24
What Does Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Indicate?

Applied Industrial Technologies goes ex-dividend on Monday

Nov 11

Applied Industrial Technologies acquires Automation Inc; terms not disclosed

Nov 02

Applied Industrial Technologies FQ1 2023 Earnings Preview

Oct 26

Here's Why We Think Applied Industrial Technologies (NYSE:AIT) Might Deserve Your Attention Today

Oct 23
Here's Why We Think Applied Industrial Technologies (NYSE:AIT) Might Deserve Your Attention Today

What Is Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Doing?

Aug 23
What Is Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Doing?

Applied Industrial Technologies: Still An Underappreciated Industrial Growth Story

Aug 17

Shareholder Returns

AITUS Trade DistributorsUS Market
7D1.9%-1.2%0.4%
1Y36.9%24.9%22.9%

Return vs Industry: AIT exceeded the US Trade Distributors industry which returned 24.9% over the past year.

Return vs Market: AIT exceeded the US Market which returned 22.9% over the past year.

Price Volatility

Is AIT's price volatile compared to industry and market?
AIT volatility
AIT Average Weekly Movement3.1%
Trade Distributors Industry Average Movement5.0%
Market Average Movement5.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: AIT has not had significant price volatility in the past 3 months.

Volatility Over Time: AIT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19236,350Neil Schrimsherwww.applied.com

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers’ machinery and equipment.

Applied Industrial Technologies, Inc. Fundamentals Summary

How do Applied Industrial Technologies's earnings and revenue compare to its market cap?
AIT fundamental statistics
Market capUS$7.24b
Earnings (TTM)US$374.49m
Revenue (TTM)US$4.48b

19.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AIT income statement (TTM)
RevenueUS$4.48b
Cost of RevenueUS$3.16b
Gross ProfitUS$1.32b
Other ExpensesUS$944.49m
EarningsUS$374.49m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)9.70
Gross Margin29.46%
Net Profit Margin8.37%
Debt/Equity Ratio35.8%

How did AIT perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

15%

Payout Ratio
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