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AIT · NYSE · United States · Wholesale-Machinery, Equipment & Supplies
In shortAPPLIED INDUSTRIAL TECHNOLOGIES INC is profitable, generates cash and carries moderate debt, with revenue growing (+8.8% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 11.1% | 54/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.3% | 53/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 22.4% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 19.7% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.58× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.14× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.23× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 31.60× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 8.06 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 9.3% | 57/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.11× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 7.6% | 83/100 |
| Operating margin volatility | 0.7% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.0% | 39/100 |
|---|---|---|
| EPS growth, 3-year average | 7.4% | 62/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,811 | 4,413 | 4,479 | 4,563 | 4,967 |
| Cost of revenue | 2,704 | 3,126 | 3,143 | 3,180 | 3,460 |
| Gross profit | 1,107 | 1,287 | 1,337 | 1,383 | 1,507 |
| Selling, general & admin | 749 | 814 | 841 | 885 | 957 |
| Operating income | 358 | 473 | 496 | 499 | 549 |
| Interest expense | 27 | 25 | 21 | 18 | 17 |
| Pre-tax income | 330 | 450 | 498 | 501 | 544 |
| Income tax | 72 | 103 | 112 | 108 | 130 |
| Net income | 257 | 347 | 386 | 393 | 415 |
| Diluted EPS | $6.58 | $8.84 | $9.83 | $10.12 | $10.95 |
| Diluted shares (millions) | 39 | 39 | 39 | 39 | 38 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
8.06 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 13, 2026