Applied Industrial Technologies, Inc.

NYSE:AIT Stock Report

Market Cap: US$10.4b

Applied Industrial Technologies Management

Management criteria checks 4/4

Applied Industrial Technologies' CEO is Neil Schrimsher, appointed in Oct 2011, has a tenure of 14.33 years. total yearly compensation is $6.52M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $36.65M. The average tenure of the management team and the board of directors is 7.7 years and 8.5 years respectively.

Key information

Neil Schrimsher

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage12.30%
CEO tenure14.3yrs
CEO ownership0.4%
Management average tenure7.7yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

Applied Industrial Technologies (NYSE:AIT) Has Announced That It Will Be Increasing Its Dividend To $0.51

Feb 10
Applied Industrial Technologies (NYSE:AIT) Has Announced That It Will Be Increasing Its Dividend To $0.51

Here's Why We Think Applied Industrial Technologies (NYSE:AIT) Is Well Worth Watching

Jan 12
Here's Why We Think Applied Industrial Technologies (NYSE:AIT) Is Well Worth Watching

Does Applied Industrial Technologies (NYSE:AIT) Have A Healthy Balance Sheet?

Dec 18
Does Applied Industrial Technologies (NYSE:AIT) Have A Healthy Balance Sheet?

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

Nov 26
What Does Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Indicate?

Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Could Signal Some Risk

Sep 22
Applied Industrial Technologies, Inc.'s (NYSE:AIT) Share Price Could Signal Some Risk

Is Now The Time To Look At Buying Applied Industrial Technologies, Inc. (NYSE:AIT)?

Aug 12
Is Now The Time To Look At Buying Applied Industrial Technologies, Inc. (NYSE:AIT)?

A Look At The Intrinsic Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)

Jul 29
A Look At The Intrinsic Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)

Applied Industrial Technologies: Which Direction Will The Stock Go?

Jul 07

Investors Will Want Applied Industrial Technologies' (NYSE:AIT) Growth In ROCE To Persist

Jul 02
Investors Will Want Applied Industrial Technologies' (NYSE:AIT) Growth In ROCE To Persist

Here's Why Applied Industrial Technologies (NYSE:AIT) Can Manage Its Debt Responsibly

May 18
Here's Why Applied Industrial Technologies (NYSE:AIT) Can Manage Its Debt Responsibly

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

May 04
Is Now An Opportune Moment To Examine Applied Industrial Technologies, Inc. (NYSE:AIT)?

Unpleasant Surprises Could Be In Store For Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shares

Apr 20
Unpleasant Surprises Could Be In Store For Applied Industrial Technologies, Inc.'s (NYSE:AIT) Shares

We Like These Underlying Return On Capital Trends At Applied Industrial Technologies (NYSE:AIT)

Mar 24
We Like These Underlying Return On Capital Trends At Applied Industrial Technologies (NYSE:AIT)

Applied Industrial Technologies: Surprisingly Resilient Share Performance

Mar 09

A Look At The Fair Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)

Mar 08
A Look At The Fair Value Of Applied Industrial Technologies, Inc. (NYSE:AIT)

Applied Industrial Technologies: A Disciplined Growth Story

Jan 06

Applied Industrial Technologies Can Continue To Outperform

Nov 06
User avatar

Decisive Growth And Enhanced Margins Amid Global Economic Challenges

Expanding solutions portfolio and growing local account base alongside strategic acquisitions aim to positively impact long-term revenue growth and margin expansion.

Applied Industrial Technologies: Another Year Of Stagnation

Aug 15

CEO Compensation Analysis

How has Neil Schrimsher's remuneration changed compared to Applied Industrial Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

US$404m

Sep 30 2025n/an/a

US$402m

Jun 30 2025US$7mUS$801k

US$393m

Mar 31 2025n/an/a

US$389m

Dec 31 2024n/an/a

US$386m

Sep 30 2024n/an/a

US$384m

Jun 30 2024US$6mUS$990k

US$386m

Mar 31 2024n/an/a

US$374m

Dec 31 2023n/an/a

US$374m

Sep 30 2023n/an/a

US$364m

Jun 30 2023US$6mUS$950k

US$347m

Mar 31 2023n/an/a

US$334m

Dec 31 2022n/an/a

US$305m

Sep 30 2022n/an/a

US$281m

Jun 30 2022US$6mUS$930k

US$257m

Mar 31 2022n/an/a

US$238m

Dec 31 2021n/an/a

US$225m

Sep 30 2021n/an/a

US$163m

Jun 30 2021US$6mUS$808k

US$145m

Mar 31 2021n/an/a

US$116m

Dec 31 2020n/an/a

-US$23m

Sep 30 2020n/an/a

US$20m

Jun 30 2020US$5mUS$864k

US$24m

Mar 31 2020n/an/a

US$34m

Dec 31 2019n/an/a

US$133m

Sep 30 2019n/an/a

US$134m

Jun 30 2019US$4mUS$900k

US$144m

Compensation vs Market: Neil's total compensation ($USD6.52M) is below average for companies of similar size in the US market ($USD13.14M).

Compensation vs Earnings: Neil's compensation has been consistent with company performance over the past year.


CEO

Neil Schrimsher (61 yo)

14.3yrs
Tenure
US$6,517,480
Compensation

Mr. Neil A. Schrimsher is Independent Director of Ralliant Corporation since June 28, 2025. Mr. Schrimsher serves as the Chief Executive Officer of Applied Industrial Technologies, Inc. since October 25, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Neil Schrimsher
President14.3yrsUS$6.52m0.35%
$ 36.6m
David Wells
VP, CFO8.4yrsUS$1.76m0.067%
$ 6.9m
Kurt Loring
VP & Chief Human Resource Officer11.6yrsUS$1.25m0.037%
$ 3.8m
Richard Wagner
Chief Accounting Officer & Controller1.5yrsno data0.0027%
$ 276.6k
Ryan Cieslak
Director of Investor Relations & Assistant Treasurer6.9yrsno datano data
Jon Ploetz
VP, General Counsel & Secretary2.9yrsno data0.0092%
$ 963.5k
Julie Kho
Manager of Corporate Communications & Public Relationsno datano datano data
Joe Mangiapane
Managing Director of Australia & New Zealandno datano datano data
Mike Allen
President of Applied Industrial Technologiesno datano datano data
7.7yrs
Average Tenure
57yo
Average Age

Experienced Management: AIT's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Neil Schrimsher
President14.3yrsUS$6.52m0.35%
$ 36.6m
Peter Wallace
Independent Chairman of the Board20.3yrsUS$357.50k0.078%
$ 8.2m
Richard Simoncic
Independent Director1.5yrsUS$243.00k0.0040%
$ 416.5k
Vincent Petrella
Independent Director13.6yrsUS$268.00k0.058%
$ 6.1m
Robert Pagano
Independent Director8.5yrsUS$243.00k0.033%
$ 3.4m
Joe Raver
Independent Director8.5yrsUS$260.50k0.037%
$ 3.8m
Madhuri Andrews
Independent Director6.5yrsUS$243.00k0.024%
$ 2.5m
Shelly Chadwick
Independent Director3.5yrsUS$243.00k0.0098%
$ 1.0m
Mary Hall
Independent Director6.5yrsUS$243.00k0.012%
$ 1.3m
8.5yrs
Average Tenure
61yo
Average Age

Experienced Board: AIT's board of directors are considered experienced (8.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/17 13:03
End of Day Share Price 2026/02/17 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Applied Industrial Technologies, Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MantheyBaird
Sabrina AbramsBofA Global Research
Andrew ObinBofA Global Research