AIT
Applied Industrial Technologies
NYSE: AIT · INDUSTRIALS · INDUSTRIAL DISTRIBUTION
$296.57
-1.55% today
Updated 2026-04-29
Market cap
$10.96B
P/E ratio
28.00
P/S ratio
2.27x
EPS (TTM)
$10.59
Dividend yield
0.15%
52W range
$212 – $310
Volume
0.3M
Applied Industrial Technologies (AIT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.90B | $2.01B | $2.09B | $1.92B | $1.89B | $2.21B | $2.38B | $2.46B | $2.46B | $2.75B | $2.52B | $2.59B | $3.07B | $3.47B | $3.25B | $3.24B | $3.81B | $4.41B | $4.48B | $4.56B |
| Revenue growth (YoY) | — | +6.0% | +3.7% | -8.0% | -1.6% | +16.9% | +7.3% | +3.7% | -0.1% | +11.9% | -8.4% | +2.9% | +18.5% | +13.0% | -6.5% | -0.3% | +17.8% | +15.8% | +1.5% | +1.9% |
| Cost of revenue | $1.39B | $1.47B | $1.52B | $1.40B | $1.38B | $1.60B | $1.72B | $1.78B | $1.77B | $1.98B | $1.81B | $1.86B | $2.19B | $2.47B | $2.31B | $2.30B | $2.70B | $3.13B | $3.14B | $3.18B |
| Gross profit | $513.88M | $548.05M | $569.28M | $520.01M | $515.72M | $613.11M | $654.47M | $682.96M | $686.93M | $769.81M | $707.42M | $737.70M | $884.00M | $1.01B | $937.74M | $935.52M | $1.11B | $1.29B | $1.34B | $1.38B |
| Gross margin | 27.0% | 27.2% | 27.2% | 27.0% | 27.2% | 27.7% | 27.6% | 27.7% | 27.9% | 28.0% | 28.1% | 28.4% | 28.8% | 29.0% | 28.9% | 28.9% | 29.0% | 29.2% | 29.8% | 30.3% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $398.29M | $413.04M | $416.46M | $410.91M | $405.67M | $462.35M | $486.08M | $506.56M | $490.87M | $534.97M | $501.57M | $518.67M | $658.17M | $741.76M | $717.98M | $680.83M | $749.67M | $813.81M | $840.83M | $884.63M |
| Operating income | $115.59M | $135.01M | $152.82M | $72.49M | $110.05M | $150.76M | $168.40M | $176.40M | $164.36M | $184.62M | $88.80M | $174.59M | $225.83M | $233.79M | $88.99M | $205.45M | $357.86M | $473.15M | $495.82M | $498.53M |
| Operating margin | 6.1% | 6.7% | 7.3% | 3.8% | 5.8% | 6.8% | 7.1% | 7.2% | 6.7% | 6.7% | 3.5% | 6.7% | 7.3% | 6.7% | 2.7% | 6.3% | 9.4% | 10.7% | 11.1% | 10.9% |
| EBITDA | $127.93M | $148.75M | $166.87M | $93.73M | $132.37M | $177.59M | $189.98M | $204.02M | $195.16M | $226.37M | $129.53M | $215.47M | $278.72M | $297.39M | $282.86M | $263.01M | $410.13M | $527.67M | $571.03M | $579.66M |
| EBITDA margin | 6.7% | 7.4% | 8.0% | 4.9% | 7.0% | 8.0% | 8.0% | 8.3% | 7.9% | 8.2% | 5.1% | 8.3% | 9.1% | 8.6% | 8.7% | 8.1% | 10.8% | 12.0% | 12.7% | 12.7% |
| EBIT | $115.59M | $135.01M | $152.82M | $71.34M | $110.75M | $154.97M | $167.28M | $178.29M | $167.16M | $183.99M | $87.98M | $175.80M | $228.86M | $235.27M | $220.11M | $207.87M | $356.57M | $474.60M | $518.67M | $519.18M |
| Interest expense | $0.00 | $0.00 | $0.00 | $4.42M | $5.74M | $1.67M | $457000.00 | $621000.00 | $900000.00 | $8.12M | $9.00M | $8.83M | $24.14M | $40.79M | $37.26M | $30.81M | $26.79M | $24.79M | $20.54M | $34.34M |
| Income tax | $40.80M | $47.81M | $56.26M | $23.55M | $39.11M | $56.13M | $58.05M | $59.52M | $53.44M | $60.39M | $49.40M | $33.06M | $63.09M | $50.49M | $31.19M | $32.30M | $72.38M | $103.07M | $112.37M | $107.98M |
| Effective tax rate | 36.1% | 35.7% | 37.1% | 35.8% | 37.2% | 36.7% | 34.8% | 33.5% | 32.1% | 34.3% | 62.6% | 19.8% | 30.8% | 26.0% | 56.5% | 18.2% | 21.9% | 22.9% | 22.6% | 21.6% |
| Net income | $72.30M | $86.02M | $95.46M | $42.26M | $65.90M | $96.76M | $108.78M | $118.15M | $112.82M | $115.48M | $29.58M | $133.91M | $141.63M | $143.99M | $24.04M | $144.76M | $257.41M | $346.74M | $385.76M | $392.99M |
| Net income growth (YoY) | — | +19.0% | +11.0% | -55.7% | +55.9% | +46.8% | +12.4% | +8.6% | -4.5% | +2.4% | -74.4% | +352.8% | +5.8% | +1.7% | -83.3% | +502.1% | +77.8% | +34.7% | +11.3% | +1.9% |
| Profit margin | 3.8% | 4.3% | 4.6% | 2.2% | 3.5% | 4.4% | 4.6% | 4.8% | 4.6% | 4.2% | 1.2% | 5.2% | 4.6% | 4.1% | 0.7% | 4.5% | 6.8% | 7.9% | 8.6% | 8.6% |