Applied Industrial Stock (NYSE:AIT)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$231.50

52W Range

$155.47 - $240.45

50D Avg

$217.95

200D Avg

$198.27

Market Cap

$8.94B

Avg Vol (3M)

$237.94K

Beta

1.03

Div Yield

$1.48 (0.63%)

AIT Company Profile


Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. 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. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

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Industry

Industrial - Distribution

Sector

Industrials

Exchange

NYSE

ADR

-

Country

US

Employees

6,549

IPO Date

Mar 17, 1980

Website

AIT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceJun 24Jun 23Jun 22
Service Center Based Distribution Segment$3.06B$2.97B$2.57B
Fluid Power & Flow Control Segment--$1.25B

Fiscal year ends in Jun 24 | Currency in USD

AIT Financial Summary


Jun 24Jun 23Jun 22
Revenue$4.48B$4.41B$3.81B
Operating Income$495.82M$473.15M$357.86M
Net Income$385.76M$346.74M$257.41M
EBITDA$495.82M$526.22M$411.41M
Basic EPS$9.98$8.98$6.69
Diluted EPS$9.83$8.84$6.58

Fiscal year ends in Jun 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Aug 15, 24 | 1:17 PM
Q3 24Apr 25, 24 | 4:02 PM
Q2 24Jan 25, 24 | 2:34 PM

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