Applied Industrial Technologies (AIT) Financials

$226.80 -0.63 (-0.28%)

Closing price 05/30/2025 03:59 PM Eastern

Extended Trading

$226.62 -0.18 (-0.08%)

As of 05/30/2025 04:21 PM Eastern

Annual Income Statements for Applied Industrial Technologies

This table shows Applied Industrial Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Income / (Loss) Attributable to Common Shareholders	386	347	257	145	24	144	142	134	30	115
Consolidated Net Income / (Loss)	386	347	257	145	24	144	142	134	30	115
Net Income / (Loss) Continuing Operations	386	347	257	145	24	144	142	134	30	115
Total Pre-Tax Income	498	450	330	177	55	194	205	167	79	176
Total Operating Income	496	473	358	205	89	234	226	175	90	185
Total Gross Profit	1,337	1,287	1,107	936	938	1,008	884	738	707	770
Total Revenue	4,479	4,413	3,811	3,236	3,246	3,473	3,073	2,594	2,519	2,752
Operating Revenue	4,479	4,413	3,811	3,236	3,246	3,473	3,073	2,594	2,519	2,752
Total Cost of Revenue	3,143	3,126	2,704	2,300	2,308	2,465	2,189	1,856	1,812	1,982
Operating Cost of Revenue	3,143	3,126	2,704	2,300	2,308	2,465	2,189	1,856	1,812	1,982
Total Operating Expenses	841	814	749	730	849	774	658	562	618	585
Selling, General & Admin Expense	841	814	749	681	718	742	658	562	553	585
Total Other Income / (Expense), net	2.31	-23	-28	-28	-34	-39	-21	-8.42	-11	-8.75
Interest Expense	21	25	27	31	37	41	24	8.83	9.00	8.12
Interest & Investment Income	18	3.15	0.52	0.22	0.73	0.60	0.66	0.29	0.24	0.25
Other Income / (Expense), net	5.14	-1.70	-1.81	2.20	2.78	0.88	2.38	0.12	-2.04	-0.88
Income Tax Expense	112	103	72	32	31	50	63	33	49	60
Basic Earnings per Share	$9.98	$8.98	$6.69	$3.73	$0.62	$3.72	$3.65	$3.43	$0.75	$2.82
Weighted Average Basic Shares Outstanding	38.36M	38.66M	38.49M	38.52M	38.71M	38.67M	38.75M	39.01M	39.25M	40.89M
Diluted Earnings per Share	$9.83	$8.84	$6.58	$3.68	$0.62	$3.68	$3.61	$3.40	$0.75	$2.80
Weighted Average Diluted Shares Outstanding	38.36M	38.66M	38.49M	38.52M	38.71M	38.67M	38.75M	39.01M	39.25M	40.89M
Weighted Average Basic & Diluted Shares Outstanding	38.36M	38.66M	38.49M	38.52M	38.71M	38.67M	38.75M	39.01M	39.25M	40.89M
Cash Dividends to Common per Share	$1.44	$1.38	$1.34	$1.30	$1.26	$1.22	$1.18	$1.14	$1.10	$1.04

This table shows Applied Industrial Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	100	93	92	103	97	91	94	92	97	80	77
Consolidated Net Income / (Loss)	100	93	92	103	97	91	94	92	97	80	77
Net Income / (Loss) Continuing Operations	100	93	92	103	97	91	94	92	97	80	77
Total Pre-Tax Income	127	123	116	141	123	116	119	123	122	106	99
Total Operating Income	129	121	113	139	121	115	121	127	127	113	107
Total Gross Profit	355	328	325	356	338	317	325	339	333	309	307
Total Revenue	1,167	1,073	1,099	1,161	1,146	1,077	1,095	1,158	1,132	1,060	1,062
Operating Revenue	1,167	1,073	1,099	1,161	1,146	1,077	1,095	1,158	1,132	1,060	1,062
Total Cost of Revenue	811	745	774	804	808	760	770	820	799	752	756
Operating Cost of Revenue	811	745	774	804	808	760	770	820	799	752	756
Total Operating Expenses	226	207	212	217	217	202	204	212	206	196	200
Selling, General & Admin Expense	226	207	212	217	217	202	204	212	206	196	200
Total Other Income / (Expense), net	-2.12	1.69	2.91	1.59	1.46	1.01	-1.75	-4.28	-4.63	-6.94	-7.49
Interest Expense	0.85	-0.94	-0.63	17	0.27	1.92	1.32	7.35	4.77	6.19	6.48
Other Income / (Expense), net	-1.27	0.76	2.28	0.92	1.72	2.92	-0.43	-0.08	0.14	-0.76	-1.01
Income Tax Expense	27	29	24	37	25	24	25	30	25	25	22
Basic Earnings per Share	$2.60	$2.43	$2.40	$2.70	$2.51	$2.35	$2.42	$2.37	$2.52	$2.09	$2.00
Weighted Average Basic Shares Outstanding	38.32M	38.43M	38.40M	38.36M	38.68M	38.74M	38.70M	38.66M	38.62M	38.58M	38.53M
Diluted Earnings per Share	$2.57	$2.39	$2.36	$2.64	$2.48	$2.32	$2.39	$2.35	$2.47	$2.05	$1.97
Weighted Average Diluted Shares Outstanding	38.85M	38.96M	38.94M	38.36M	39.25M	39.30M	39.31M	38.66M	39.27M	39.21M	39.11M
Weighted Average Basic & Diluted Shares Outstanding	38.08M	38.38M	38.45M	38.36M	38.60M	38.67M	38.76M	38.66M	38.65M	38.60M	38.57M
Cash Dividends to Common per Share	$0.46	$0.37	$0.37	-	$0.37	$0.35	$0.35	-	$0.35	$0.34	$0.34

This table details how cash moves in and out of Applied Industrial Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Net Change in Cash & Equivalents	117	160	-73	-11	160	54	-51	45	-9.61	-1.72
Net Cash From Operating Activities	371	344	188	242	297	181	147	165	162	157
Net Cash From Continuing Operating Activities	371	344	188	242	297	181	147	165	162	157
Net Income / (Loss) Continuing Operations	386	347	257	145	24	144	142	134	30	115
Consolidated Net Income / (Loss)	386	347	257	145	24	144	142	134	30	115
Depreciation Expense	23	22	22	21	21	20	18	15	16	17
Amortization Expense	29	31	32	34	42	42	32	24	26	26
Non-Cash Adjustments To Reconcile Net Income	11	19	13	35	136	45	8.43	5.82	74	5.09
Changes in Operating Assets and Liabilities, net	-78	-75	-137	6.38	74	-70	-53	-15	17	-5.94
Net Cash From Investing Activities	-95	-61	-36	-45	-55	-55	-798	-17	-75	-174
Net Cash From Continuing Investing Activities	-95	-61	-36	-45	-55	-55	-798	-17	-75	-174
Purchase of Property, Plant & Equipment	-25	-26	-18	-16	-20	-19	-23	-17	-13	-15
Acquisitions	-72	-36	-6.96	-30	-37	-38	-776	-2.77	-63	-161
Sale of Property, Plant & Equipment	0.58	1.43	1.11	1.15	1.95	1.00	0.98	2.92	0.60	1.93
Other Investing Activities, net	0.97	0.00	-12	0.00	0.00	0.39	0.00	0.00	-	-
Net Cash From Financing Activities	-156	-127	-223	-213	-78	-72	600	-103	-93	22
Net Cash From Continuing Financing Activities	-156	-127	-223	-213	-78	-72	600	-103	-93	22
Repayment of Debt	-26	-69	-555	-109	-27	9.88	-110	-3.35	-118	-20
Repurchase of Common Equity	-73	-0.72	-14	-40	0.00	-11	-23	-8.24	-37	-77
Payment of Dividends	-56	-53	-52	-51	-49	-47	-46	-45	-43	-43
Issuance of Debt	0.41	0.00	411	0.00	0.00	-20	780	-33	125	170
Other Financing Activities, net	-1.68	-3.97	-13	-14	-2.28	-3.49	-1.54	-14	-19	-8.89
Effect of Exchange Rate Changes	-2.94	3.32	-2.15	5.46	-2.74	0.11	-0.59	0.82	-3.59	-7.33
Cash Interest Paid	24	23	20	27	37	40	26	8.56	9.50	5.85
Cash Income Taxes Paid	116	108	53	64	41	54	42	39	55	69

This table details how cash moves in and out of Applied Industrial Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	49	-235	78	4.08	44	52	16	162	17	18	-37
Net Cash From Operating Activities	122	95	128	119	84	102	66	180	75	63	26
Net Cash From Continuing Operating Activities	122	95	128	119	84	102	66	180	75	63	26
Net Income / (Loss) Continuing Operations	100	93	92	103	97	91	94	92	97	80	77
Consolidated Net Income / (Loss)	100	93	92	103	97	91	94	92	97	80	77
Depreciation Expense	6.58	5.93	5.92	5.86	5.80	6.05	5.72	5.67	5.57	5.55	5.48
Amortization Expense	10	7.57	7.60	7.32	6.95	7.26	7.39	7.62	7.67	7.81	7.71
Non-Cash Adjustments To Reconcile Net Income	1.93	3.49	5.57	3.31	3.77	-0.17	4.52	7.32	-4.67	8.53	7.95
Changes in Operating Assets and Liabilities, net	3.92	-15	17	-0.75	-30	-2.61	-45	67	-31	-39	-72
Net Cash From Investing Activities	-7.62	-268	-15	-57	-7.45	-5.18	-26	-4.58	-18	-33	-5.50
Net Cash From Continuing Investing Activities	-7.62	-268	-15	-57	-7.45	-5.18	-26	-4.58	-18	-33	-5.50
Purchase of Property, Plant & Equipment	-7.55	-5.20	-5.55	-7.51	-7.49	-5.52	-4.34	-5.67	-7.99	-7.26	-5.55
Acquisitions	-0.17	-263	-10	-51	-	-	-21	-0.12	-10	-26	0.00
Sale of Property, Plant & Equipment	0.10	0.09	0.83	0.06	0.04	0.35	0.12	1.20	0.10	0.07	0.06
Net Cash From Financing Activities	-66	-57	-34	-55	-32	-47	-22	-15	-42	-14	-56
Net Cash From Continuing Financing Activities	-66	-57	-34	-55	-32	-47	-22	-15	-42	-14	-56
Repurchase of Common Equity	-50	-20	-9.98	-45	-18	-11	0.00	-	-	-	-0.72
Payment of Dividends	-18	-14	-14	-14	-14	-14	-14	-14	-14	-13	-13
Other Financing Activities, net	1.34	2.34	-8.58	3.23	0.69	2.72	-8.31	-1.68	-1.76	0.45	-0.98
Effect of Exchange Rate Changes	0.62	-5.40	-0.58	-2.73	-1.12	2.61	-1.69	1.92	1.82	-	-

This table presents Applied Industrial Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Total Assets	2,952	2,743	2,453	2,272	2,284	2,332	2,286	1,388	1,312	1,433
Total Current Assets	1,770	1,647	1,360	1,197	1,160	1,148	1,058	883	782	846
Cash & Equivalents	461	344	184	258	269	108	54	105	60	69
Accounts Receivable	725	708	656	516	450	541	549	391	348	376
Inventories, net	488	501	450	363	389	448	422	345	338	362
Other Current Assets	96	93	69	60	52	51	33	41	36	38
Plant, Property, & Equipment, net	119	115	112	116	122	124	121	108	108	104
Total Noncurrent Assets	1,063	981	981	960	1,002	1,059	1,106	397	423	482
Goodwill	619	578	563	560	541	662	647	206	203	254
Intangible Assets	246	236	251	280	343	369	436	164	191	199
Other Noncurrent Operating Assets	198	168	167	120	118	28	24	27	17	18
Total Liabilities & Shareholders' Equity	2,952	2,743	2,453	2,272	2,284	2,332	2,286	1,388	1,312	1,433
Total Liabilities	1,263	1,285	1,303	1,339	1,440	1,435	1,471	642	654	691
Total Current Liabilities	501	540	500	428	426	424	433	310	274	310
Short-Term Debt	25	25	40	44	79	49	19	4.81	3.25	3.35
Accounts Payable	267	302	259	208	186	237	257	181	149	180
Current Employee Benefit Liabilities	93	99	91	78	62	68	73	59	57	64
Other Current Liabilities	116	115	109	98	99	69	83	66	65	63
Total Noncurrent Liabilities	762	745	804	912	1,014	1,011	1,038	333	380	381
Long-Term Debt	572	597	649	785	855	909	945	287	325	318
Other Noncurrent Operating Liabilities	190	148	154	127	159	102	94	29	34	44
Total Equity & Noncontrolling Interests	1,689	1,458	1,149	933	844	897	815	745	658	741
Total Preferred & Common Equity	1,689	1,458	1,149	933	844	897	815	745	658	741
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,689	1,458	1,149	933	844	897	815	745	658	741
Common Stock	204	199	194	187	186	183	179	175	173	170
Retained Earnings	2,122	1,793	1,500	1,294	1,201	1,229	1,130	1,034	945	970
Treasury Stock	-559	-478	-472	-456	-414	-415	-404	-381	-374	-338
Accumulated Other Comprehensive Income / (Loss)	-78	-55	-72	-93	-129	-100	-90	-82	-86	-60

This table presents Applied Industrial Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	3/31/2024	12/31/2023	9/30/2023	3/31/2023	12/31/2022	9/30/2022	3/31/2022
Total Assets	3,116	3,045	3,003	2,855	2,783	2,751	2,609	2,523	2,474	2,384
Total Current Assets	1,691	1,615	1,810	1,768	1,682	1,644	1,507	1,422	1,390	1,295
Cash & Equivalents	353	303	539	457	413	360	182	166	148	188
Accounts Receivable	755	696	692	710	659	695	706	655	674	618
Inventories, net	501	518	498	504	520	508	527	523	490	425
Other Current Assets	83	97	82	97	90	81	92	79	79	64
Plant, Property, & Equipment, net	127	125	119	115	114	114	217	113	111	111
Total Noncurrent Assets	1,297	1,305	1,075	972	987	993	885	988	973	977
Goodwill	694	686	624	589	589	586	577	572	561	564
Intangible Assets	351	361	243	221	228	237	243	247	243	259
Other Noncurrent Operating Assets	252	258	208	162	170	169	64	169	169	155
Total Liabilities & Shareholders' Equity	3,116	3,045	3,003	2,855	2,783	2,751	2,609	2,523	2,474	2,384
Total Liabilities	1,288	1,251	1,251	1,186	1,175	1,214	1,228	1,227	1,253	1,285
Total Current Liabilities	474	429	478	468	449	467	481	447	451	464
Short-Term Debt	0.00	0.00	25	25	25	25	25	25	0.18	40
Accounts Payable	282	241	265	271	254	260	276	250	277	248
Current Employee Benefit Liabilities	82	75	70	75	73	62	81	74	61	82
Other Current Liabilities	110	113	119	97	97	119	99	98	113	95
Total Noncurrent Liabilities	814	822	773	718	726	748	747	780	801	821
Long-Term Debt	572	572	572	572	572	597	597	624	649	681
Other Noncurrent Operating Liabilities	242	249	201	146	154	151	150	156	152	140
Total Equity & Noncontrolling Interests	1,827	1,794	1,752	1,669	1,608	1,536	1,381	1,296	1,221	1,098
Total Preferred & Common Equity	1,827	1,794	1,752	1,669	1,608	1,536	1,381	1,296	1,221	1,098
Preferred Stock	0.00	0.00	2.50	0.00	2.50	2.50	0.00	0.00	0.00	0.00
Total Common Equity	1,827	1,794	1,752	1,669	1,608	1,536	1,381	1,296	1,221	1,098
Common Stock	207	204	201	201	199	196	196	195	193	193
Retained Earnings	2,375	2,293	2,214	2,047	1,964	1,886	1,728	1,644	1,577	1,447
Treasury Stock	-647	-597	-577	-515	-495	-484	-477	-475	-475	-471
Accumulated Other Comprehensive Income / (Loss)	-107	-106	-87	-64	-60	-62	-66	-67	-74	-71

This table displays calculated financial ratios and metrics derived from Applied Industrial Technologies' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020	6/30/2019	6/30/2018	6/30/2017	6/30/2016	6/30/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.51%	15.80%	17.76%	-0.30%	-6.54%	13.00%	18.49%	2.95%	-8.44%	11.86%
EBITDA Growth	5.49%	28.05%	55.86%	70.07%	-47.94%	6.73%	29.22%	66.44%	-42.82%	16.25%
EBIT Growth	6.26%	32.41%	71.46%	126.27%	-60.89%	2.83%	30.03%	100.03%	-52.25%	10.35%
NOPAT Growth	5.28%	30.58%	66.29%	333.65%	-77.62%	10.80%	11.07%	318.35%	-72.26%	8.70%
Net Income Growth	11.25%	34.70%	77.82%	502.10%	-83.30%	1.67%	5.76%	352.75%	-74.39%	2.36%
EPS Growth	11.20%	34.35%	78.80%	493.55%	-83.15%	1.94%	6.18%	353.33%	-73.21%	4.87%
Operating Cash Flow Growth	7.97%	83.38%	-22.39%	-18.54%	64.29%	22.60%	-10.52%	1.61%	3.19%	42.59%
Free Cash Flow Firm Growth	4.44%	120.14%	-26.08%	-37.26%	83.32%	123.71%	-572.31%	33.97%	256.63%	127.69%
Invested Capital Growth	5.13%	4.97%	10.05%	-0.37%	-13.62%	1.29%	85.08%	0.64%	-6.75%	10.34%
Revenue Q/Q Growth	0.06%	2.24%	4.54%	5.57%	-4.63%	-0.43%	7.57%	1.86%	-1.70%	0.84%
EBITDA Q/Q Growth	2.49%	3.98%	6.54%	13.65%	-13.59%	0.19%	11.45%	2.62%	-2.97%	1.49%
EBIT Q/Q Growth	2.77%	4.44%	7.60%	19.16%	-20.83%	0.48%	11.03%	3.54%	-4.59%	0.83%
NOPAT Q/Q Growth	1.78%	2.70%	8.05%	21.56%	-22.40%	-0.87%	-4.95%	24.24%	-6.00%	0.42%
Net Income Q/Q Growth	3.01%	3.93%	8.36%	25.33%	-28.99%	-0.39%	-8.17%	25.13%	-6.27%	-1.39%
EPS Q/Q Growth	3.04%	4.00%	8.22%	24.32%	-27.91%	0.00%	-7.91%	24.54%	-1.32%	-1.06%
Operating Cash Flow Q/Q Growth	-14.05%	57.95%	8.98%	-26.87%	8.66%	2.27%	9.94%	10.32%	-22.48%	49.39%
Free Cash Flow Firm Q/Q Growth	-24.08%	70.06%	16.86%	-34.19%	6.98%	-3.54%	5.66%	13.87%	-28.92%	113.55%
Invested Capital Q/Q Growth	0.89%	-4.63%	1.38%	1.37%	-6.20%	-3.88%	-4.14%	-2.93%	-4.06%	-7.28%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.84%	29.16%	29.05%	28.91%	28.89%	29.02%	28.76%	28.44%	28.08%	27.98%
EBITDA Margin	12.35%	11.89%	10.75%	8.12%	4.76%	8.55%	9.05%	8.30%	5.13%	8.22%
Operating Margin	11.07%	10.72%	9.39%	6.35%	2.74%	6.73%	7.35%	6.76%	3.56%	6.71%
EBIT Margin	11.18%	10.68%	9.34%	6.42%	2.83%	6.76%	7.43%	6.77%	3.48%	6.68%
Profit (Net Income) Margin	8.61%	7.86%	6.76%	4.47%	0.74%	4.15%	4.61%	5.16%	1.17%	4.20%
Tax Burden Percent	77.44%	77.09%	78.05%	81.76%	43.53%	74.04%	69.18%	80.20%	37.45%	65.66%
Interest Burden Percent	99.43%	95.41%	92.62%	85.27%	60.19%	82.87%	89.71%	95.13%	90.01%	95.72%
Effective Tax Rate	22.56%	22.91%	21.95%	18.25%	56.47%	25.96%	30.82%	19.80%	62.55%	34.34%
Return on Invested Capital (ROIC)	21.56%	21.51%	17.69%	11.15%	2.38%	9.97%	11.76%	15.14%	3.50%	12.81%
ROIC Less NNEP Spread (ROIC-NNEP)	22.42%	16.92%	13.62%	7.40%	0.44%	6.66%	9.10%	12.17%	1.95%	9.54%
Return on Net Nonoperating Assets (RNNOA)	2.95%	5.08%	7.04%	5.15%	0.38%	6.85%	6.39%	3.94%	0.72%	2.17%
Return on Equity (ROE)	24.51%	26.59%	24.73%	16.30%	2.76%	16.82%	18.15%	19.09%	4.23%	14.98%
Cash Return on Invested Capital (CROIC)	16.56%	16.66%	8.13%	11.53%	17.00%	8.70%	-47.92%	14.51%	10.49%	2.98%
Operating Return on Assets (OROA)	17.59%	18.15%	15.07%	9.12%	3.98%	10.16%	12.42%	13.00%	6.39%	13.28%
Return on Assets (ROA)	13.55%	13.35%	10.90%	6.36%	1.04%	6.24%	7.71%	9.92%	2.16%	8.35%
Return on Common Equity (ROCE)	24.51%	26.59%	24.73%	16.30%	2.76%	16.82%	18.15%	19.09%	4.23%	14.98%
Return on Equity Simple (ROE_SIMPLE)	22.84%	23.77%	22.40%	15.52%	2.85%	16.05%	17.38%	17.97%	4.50%	15.58%
Net Operating Profit after Tax (NOPAT)	384	365	279	168	39	173	156	141	34	121
NOPAT Margin	8.57%	8.27%	7.33%	5.19%	1.19%	4.98%	5.08%	5.42%	1.33%	4.41%
Net Nonoperating Expense Percent (NNEP)	-0.86%	4.60%	4.07%	3.76%	1.94%	3.31%	2.66%	2.97%	1.56%	3.27%
Cost of Revenue to Revenue	70.16%	70.84%	70.95%	71.09%	71.11%	70.98%	71.24%	71.56%	71.92%	72.02%
SG&A Expenses to Revenue	18.77%	18.44%	19.66%	21.03%	22.11%	21.37%	21.42%	21.68%	21.94%	21.27%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.77%	18.44%	19.66%	22.56%	26.15%	22.28%	21.42%	21.68%	24.52%	21.27%
Earnings before Interest and Taxes (EBIT)	501	471	356	208	92	235	228	176	88	184
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	553	525	410	263	155	297	278	215	129	226
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.43	3.81	3.16	3.67	2.73	2.47	3.04	2.77	2.35	1.84
Price to Tangible Book Value (P/TBV)	9.08	8.62	10.81	36.90	0.00	0.00	0.00	5.50	5.86	4.72
Price to Revenue (P/Rev)	1.67	1.26	0.95	1.06	0.71	0.64	0.81	0.80	0.61	0.49
Price to Earnings (P/E)	19.38	16.02	14.09	23.66	95.62	15.36	17.50	15.43	52.31	11.79
Dividend Yield	0.56%	0.96%	1.42%	1.47%	2.12%	2.13%	1.84%	2.15%	2.77%	3.07%
Earnings Yield	5.16%	6.24%	7.09%	4.23%	1.05%	6.51%	5.71%	6.48%	1.91%	8.48%
Enterprise Value to Invested Capital (EV/IC)	4.17	3.36	2.50	2.66	1.96	1.75	1.96	2.42	1.96	1.62
Enterprise Value to Revenue (EV/Rev)	1.70	1.32	1.08	1.23	0.91	0.88	1.10	0.87	0.72	0.59
Enterprise Value to EBITDA (EV/EBITDA)	13.76	11.12	10.09	15.21	19.18	10.31	12.19	10.47	14.04	7.13
Enterprise Value to EBIT (EV/EBIT)	15.19	12.37	11.61	19.24	32.30	13.05	14.85	12.83	20.69	8.78
Enterprise Value to NOPAT (EV/NOPAT)	19.82	15.99	14.80	23.79	76.53	17.69	21.69	16.01	53.99	13.30
Enterprise Value to Operating Cash Flow (EV/OCF)	20.50	16.95	22.03	16.53	9.99	16.95	23.00	13.68	11.20	10.27
Enterprise Value to Free Cash Flow (EV/FCFF)	25.80	20.65	32.21	23.02	10.71	20.29	0.00	16.71	18.05	57.18
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.43	0.60	0.89	1.11	1.07	1.18	0.39	0.50	0.43
Long-Term Debt to Equity	0.34	0.41	0.56	0.84	1.01	1.01	1.16	0.38	0.49	0.43
Financial Leverage	0.13	0.30	0.52	0.70	0.87	1.03	0.70	0.32	0.37	0.23
Leverage Ratio	1.81	1.99	2.27	2.56	2.65	2.70	2.35	1.92	1.96	1.79
Compound Leverage Factor	1.80	1.90	2.10	2.19	1.60	2.24	2.11	1.83	1.77	1.72
Debt to Total Capital	26.13%	29.90%	37.49%	47.04%	52.54%	51.64%	54.18%	28.12%	33.26%	30.22%
Short-Term Debt to Total Capital	1.10%	1.21%	2.18%	2.47%	4.42%	2.64%	1.08%	0.46%	0.33%	0.32%
Long-Term Debt to Total Capital	25.03%	28.69%	35.31%	44.57%	48.11%	49.00%	53.10%	27.66%	32.93%	29.90%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.87%	70.10%	62.51%	52.96%	47.46%	48.36%	45.82%	71.88%	66.74%	69.78%
Debt to EBITDA	1.08	1.19	1.68	3.15	6.04	3.23	3.47	1.36	2.54	1.42
Net Debt to EBITDA	0.25	0.53	1.23	2.17	4.31	2.86	3.27	0.87	2.07	1.11
Long-Term Debt to EBITDA	1.03	1.14	1.58	2.99	5.53	3.06	3.40	1.33	2.51	1.40
Debt to NOPAT	1.56	1.71	2.47	4.93	24.11	5.53	6.17	2.07	9.75	2.65
Net Debt to NOPAT	0.36	0.76	1.81	3.40	17.17	4.91	5.82	1.33	7.97	2.07
Long-Term Debt to NOPAT	1.49	1.64	2.32	4.67	22.08	5.25	6.05	2.04	9.65	2.62
Altman Z-Score	7.15	6.17	4.98	4.46	3.63	3.86	3.71	5.75	5.03	4.92
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.53	3.05	2.72	2.80	2.72	2.71	2.45	2.85	2.85	2.73
Quick Ratio	2.37	1.95	1.68	1.81	1.69	1.53	1.39	1.60	1.49	1.44
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	295	282	128	174	277	151	-637	135	101	28
Operating Cash Flow to CapEx	1,529.12%	1,373.23%	1,102.25%	1,644.20%	1,633.26%	1,005.18%	661.98%	1,165.77%	1,293.32%	1,207.65%
Free Cash Flow to Firm to Interest Expense	14.36	11.39	4.79	5.63	7.42	3.70	-26.37	15.26	11.17	3.47
Operating Cash Flow to Interest Expense	18.08	13.88	7.00	7.85	7.96	4.43	6.10	18.64	17.99	19.33
Operating Cash Flow Less CapEx to Interest Expense	16.90	12.86	6.37	7.37	7.48	3.99	5.18	17.04	16.60	17.73
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.57	1.70	1.61	1.42	1.41	1.50	1.67	1.92	1.84	1.99
Accounts Receivable Turnover	6.25	6.47	6.50	6.70	6.55	6.37	6.54	7.02	6.96	7.32
Inventory Turnover	6.35	6.57	6.66	6.12	5.52	5.67	5.71	5.43	5.17	5.68
Fixed Asset Turnover	38.36	38.89	33.50	27.25	26.37	28.27	26.79	24.03	23.74	26.45
Accounts Payable Turnover	11.05	11.14	11.56	11.66	10.90	9.98	10.01	11.28	11.04	11.25
Days Sales Outstanding (DSO)	58.39	56.45	56.17	54.50	55.72	57.27	55.80	51.98	52.46	49.88
Days Inventory Outstanding (DIO)	57.46	55.52	54.83	59.64	66.16	64.38	63.96	67.19	70.57	64.29
Days Payable Outstanding (DPO)	33.02	32.76	31.56	31.29	33.49	36.59	36.47	32.37	33.07	32.44
Cash Conversion Cycle (CCC)	82.83	79.21	79.43	82.84	88.39	85.06	83.29	86.81	89.95	81.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,825	1,736	1,654	1,503	1,509	1,747	1,725	932	926	993
Invested Capital Turnover	2.52	2.60	2.41	2.15	1.99	2.00	2.31	2.79	2.63	2.91
Increase / (Decrease) in Invested Capital	89	82	151	-5.60	-238	22	793	5.90	-67	93
Enterprise Value (EV)	7,612	5,831	4,133	3,996	2,964	3,061	3,388	2,252	1,815	1,613
Market Capitalization	7,475	5,553	3,628	3,425	2,299	2,212	2,479	2,066	1,547	1,361
Book Value per Share	$43.75	$37.73	$29.90	$24.00	$21.79	$23.24	$21.06	$19.09	$16.86	$18.46
Tangible Book Value per Share	$21.33	$16.67	$8.73	$2.39	($1.04)	($3.47)	($6.92)	$9.62	$6.76	$7.17
Total Capital	2,286	2,081	1,839	1,761	1,777	1,855	1,779	1,037	986	1,062
Total Debt	597	622	689	828	934	958	964	292	328	321
Total Long-Term Debt	572	597	649	785	855	909	945	287	325	318
Net Debt	137	278	505	571	665	850	910	187	268	252
Capital Expenditures (CapEx)	24	25	17	15	18	18	22	14	13	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	833	788	716	555	544	665	591	473	451	470
Debt-free Net Working Capital (DFNWC)	1,294	1,132	900	812	812	773	645	578	510	539
Net Working Capital (NWC)	1,269	1,106	860	769	734	724	625	573	507	536
Net Nonoperating Expense (NNE)	-1.79	18	22	23	15	29	15	6.75	4.05	5.74
Net Nonoperating Obligations (NNO)	137	278	505	571	665	850	910	187	268	252
Total Depreciation and Amortization (D&A)	52	53	54	55	63	62	50	40	42	42
Debt-free, Cash-free Net Working Capital to Revenue	18.60%	17.85%	18.78%	17.14%	16.75%	19.15%	19.21%	18.22%	17.89%	17.07%
Debt-free Net Working Capital to Revenue	28.88%	25.64%	23.62%	25.11%	25.03%	22.27%	20.98%	22.27%	20.26%	19.60%
Net Working Capital to Revenue	28.33%	25.07%	22.57%	23.76%	22.61%	20.86%	20.35%	22.08%	20.13%	19.48%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$9.98	$8.98	$6.69	$3.73	$0.62	$3.72	$3.65	$3.43	$0.75	$2.82
Adjusted Weighted Average Basic Shares Outstanding	38.36M	38.66M	38.49M	38.52M	38.71M	38.60M	38.72M	39.05M	39.06M	39.68M
Adjusted Diluted Earnings per Share	$9.83	$8.84	$6.58	$3.68	$0.62	$3.68	$3.61	$3.40	$0.75	$2.80
Adjusted Weighted Average Diluted Shares Outstanding	38.36M	38.66M	38.49M	38.52M	38.71M	38.60M	38.72M	39.05M	39.06M	39.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	38.36M	38.66M	38.49M	38.52M	38.71M	38.60M	38.72M	39.05M	39.06M	39.68M
Normalized Net Operating Profit after Tax (NOPAT)	384	365	279	208	154	196	156	141	108	121
Normalized NOPAT Margin	8.57%	8.27%	7.33%	6.44%	4.74%	5.66%	5.08%	5.42%	4.29%	4.41%
Pre Tax Income Margin	11.12%	10.19%	8.65%	5.47%	1.70%	5.60%	6.66%	6.44%	3.13%	6.39%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	24.38	19.02	13.29	6.74	2.46	5.75	9.45	19.87	9.74	22.63
NOPAT to Interest Expense	18.69	14.71	10.43	5.45	1.04	4.24	6.47	15.93	3.73	14.93
EBIT Less CapEx to Interest Expense	23.20	18.01	12.66	6.26	1.98	5.31	8.53	18.27	8.35	21.02
NOPAT Less CapEx to Interest Expense	17.51	13.70	9.79	4.98	0.55	3.80	5.55	14.33	2.34	13.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	14.49%	15.41%	20.13%	35.00%	203.28%	32.83%	32.38%	33.32%	146.50%	36.94%
Augmented Payout Ratio	33.51%	15.62%	25.48%	62.69%	203.28%	40.57%	48.46%	39.48%	273.17%	103.20%

This table displays calculated financial ratios and metrics derived from Applied Industrial Technologies' official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.78%	-0.39%	0.34%	0.22%	1.27%	1.59%	3.09%	9.10%	15.44%	20.92%	19.15%
EBITDA Growth	6.82%	3.28%	-3.29%	9.59%	-3.28%	4.24%	12.34%	16.73%	29.16%	35.58%	34.18%
EBIT Growth	4.23%	3.49%	-3.99%	10.67%	-3.25%	4.80%	13.95%	18.77%	33.22%	41.86%	40.84%
NOPAT Growth	5.62%	1.74%	-5.73%	7.22%	-4.77%	5.49%	15.13%	11.21%	37.93%	38.53%	41.31%
Net Income Growth	2.66%	2.26%	-1.88%	12.23%	0.03%	13.39%	22.04%	16.56%	42.28%	41.09%	45.14%
EPS Growth	3.63%	3.02%	-1.26%	12.34%	0.40%	13.17%	21.32%	16.92%	41.14%	40.41%	44.85%
Operating Cash Flow Growth	45.44%	-6.51%	92.95%	-33.74%	11.95%	61.83%	155.21%	234.79%	43.08%	92.75%	-46.67%
Free Cash Flow Firm Growth	-226.72%	-328.95%	272.13%	1.36%	221.70%	173.73%	122.27%	120.15%	-16.65%	-45.07%	-2,454.55%
Invested Capital Growth	13.12%	15.08%	0.73%	5.13%	-0.62%	0.71%	4.33%	4.97%	11.59%	12.04%	11.32%
Revenue Q/Q Growth	8.74%	-2.36%	-5.32%	1.25%	6.43%	-1.65%	-5.43%	2.30%	6.77%	-0.20%	0.09%
EBITDA Q/Q Growth	7.27%	4.76%	-15.95%	13.09%	3.71%	-1.90%	-4.76%	-0.19%	11.78%	5.72%	-1.03%
EBIT Q/Q Growth	5.35%	5.35%	-17.69%	14.10%	4.61%	-2.27%	-5.12%	-0.25%	13.30%	6.26%	-1.11%
NOPAT Q/Q Growth	10.28%	2.50%	-12.28%	6.52%	6.22%	-5.01%	-0.24%	-5.39%	17.66%	3.67%	-3.64%
Net Income Q/Q Growth	6.98%	1.33%	-11.04%	6.45%	6.56%	-2.77%	1.75%	-5.12%	20.79%	4.65%	-2.82%
EPS Q/Q Growth	7.53%	1.27%	-10.61%	6.45%	6.90%	-2.93%	1.70%	-4.86%	20.49%	4.06%	-1.99%
Operating Cash Flow Q/Q Growth	28.71%	-25.53%	7.14%	41.62%	-17.26%	53.69%	-63.20%	139.27%	19.60%	142.38%	-51.73%
Free Cash Flow Firm Q/Q Growth	23.66%	-332.42%	475.51%	-87.59%	37.92%	277.77%	56.76%	114.90%	16.45%	-14.12%	-41.84%
Invested Capital Q/Q Growth	-0.75%	13.89%	-0.80%	0.89%	0.96%	-0.31%	3.53%	-4.63%	2.31%	3.27%	4.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.45%	30.57%	29.58%	30.69%	29.51%	29.44%	29.68%	29.23%	29.43%	29.10%	28.88%
EBITDA Margin	12.42%	12.59%	11.74%	13.22%	11.84%	12.15%	12.18%	12.09%	12.39%	11.84%	11.17%
Operating Margin	11.09%	11.26%	10.30%	12.01%	10.57%	10.64%	11.02%	10.95%	11.21%	10.65%	10.03%
EBIT Margin	10.98%	11.34%	10.51%	12.08%	10.72%	10.91%	10.98%	10.94%	11.22%	10.58%	9.93%
Profit (Net Income) Margin	8.55%	8.69%	8.38%	8.92%	8.48%	8.47%	8.57%	7.96%	8.59%	7.59%	7.24%
Tax Burden Percent	78.41%	76.12%	79.31%	73.43%	79.25%	78.92%	78.89%	75.25%	79.48%	75.94%	77.62%
Interest Burden Percent	99.33%	100.77%	100.54%	100.48%	99.78%	98.37%	98.90%	96.69%	96.24%	94.48%	93.86%
Effective Tax Rate	21.59%	23.88%	20.69%	26.57%	20.75%	21.08%	21.11%	24.75%	20.52%	24.06%	22.38%
Return on Invested Capital (ROIC)	20.29%	19.93%	20.29%	22.17%	20.67%	20.98%	21.95%	21.45%	22.28%	20.00%	18.95%
ROIC Less NNEP Spread (ROIC-NNEP)	19.37%	20.50%	21.73%	22.74%	21.07%	21.22%	21.59%	20.63%	21.52%	18.99%	17.86%
Return on Net Nonoperating Assets (RNNOA)	1.99%	2.73%	2.12%	3.00%	4.01%	4.88%	5.98%	6.19%	8.45%	8.61%	8.72%
Return on Equity (ROE)	22.29%	22.66%	22.41%	25.17%	24.68%	25.86%	27.93%	27.64%	30.73%	28.61%	27.67%
Cash Return on Invested Capital (CROIC)	7.68%	5.71%	20.26%	16.56%	21.41%	20.68%	17.20%	16.66%	9.62%	8.08%	7.85%
Operating Return on Assets (OROA)	16.55%	17.42%	16.37%	19.01%	17.57%	18.35%	18.68%	18.59%	19.41%	18.55%	16.56%
Return on Assets (ROA)	12.89%	13.37%	13.05%	14.03%	13.90%	14.25%	14.58%	13.53%	14.85%	13.31%	12.06%
Return on Common Equity (ROCE)	22.29%	22.66%	22.41%	25.17%	24.68%	25.86%	27.93%	27.64%	30.73%	28.61%	27.67%
Return on Equity Simple (ROE_SIMPLE)	21.27%	21.53%	21.92%	0.00%	22.44%	23.29%	23.68%	0.00%	24.17%	23.52%	23.03%
Net Operating Profit after Tax (NOPAT)	101	92	90	102	96	90	95	95	101	86	83
NOPAT Margin	8.70%	8.57%	8.17%	8.82%	8.38%	8.40%	8.69%	8.24%	8.91%	8.09%	7.78%
Net Nonoperating Expense Percent (NNEP)	0.92%	-0.57%	-1.44%	-0.56%	-0.40%	-0.24%	0.36%	0.82%	0.76%	1.00%	1.08%
Return On Investment Capital (ROIC_SIMPLE)	4.23%	3.89%	-	-	-	4.10%	-	-	-	-	-
Cost of Revenue to Revenue	69.55%	69.43%	70.42%	69.31%	70.49%	70.56%	70.32%	70.77%	70.57%	70.90%	71.12%
SG&A Expenses to Revenue	19.36%	19.31%	19.28%	18.69%	18.93%	18.80%	18.66%	18.28%	18.22%	18.45%	18.85%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.36%	19.31%	19.28%	18.69%	18.93%	18.80%	18.66%	18.28%	18.22%	18.45%	18.85%
Earnings before Interest and Taxes (EBIT)	128	122	115	140	123	118	120	127	127	112	106
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	145	135	129	153	136	131	133	140	140	126	119
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.73	5.13	4.89	4.43	4.56	4.13	3.87	3.81	3.93	3.70	3.18
Price to Tangible Book Value (P/TBV)	11.05	12.33	9.67	9.08	8.85	8.40	8.34	8.62	9.69	10.06	9.32
Price to Revenue (P/Rev)	1.92	2.06	1.91	1.67	1.70	1.49	1.34	1.26	1.26	1.15	0.98
Price to Earnings (P/E)	22.25	23.85	22.29	19.38	20.32	17.75	16.34	16.02	16.27	15.74	13.82
Dividend Yield	0.70%	0.62%	0.50%	0.56%	0.54%	0.81%	0.90%	0.96%	0.97%	1.09%	1.33%
Earnings Yield	4.49%	4.19%	4.49%	5.16%	4.92%	5.63%	6.12%	6.24%	6.15%	6.35%	7.23%
Enterprise Value to Invested Capital (EV/IC)	4.33	4.59	4.76	4.17	4.28	3.81	3.45	3.36	3.22	2.97	2.55
Enterprise Value to Revenue (EV/Rev)	1.97	2.12	1.92	1.70	1.73	1.53	1.40	1.32	1.36	1.27	1.10
Enterprise Value to EBITDA (EV/EBITDA)	15.76	17.13	15.70	13.76	14.36	12.55	11.51	11.12	11.63	11.17	9.98
Enterprise Value to EBIT (EV/EBIT)	17.54	18.94	17.37	15.19	15.90	13.90	12.77	12.37	13.00	12.58	11.36
Enterprise Value to NOPAT (EV/NOPAT)	23.00	24.92	22.77	19.82	20.54	17.89	16.45	15.99	16.52	16.13	14.47
Enterprise Value to Operating Cash Flow (EV/OCF)	19.09	22.23	19.91	20.50	17.94	16.15	16.15	16.95	26.94	27.06	26.63
Enterprise Value to Free Cash Flow (EV/FCFF)	59.90	86.15	23.58	25.80	19.95	18.50	20.50	20.65	35.33	38.81	34.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.31	0.32	0.34	0.35	0.36	0.37	0.41	0.43	0.45	0.50	0.53
Long-Term Debt to Equity	0.31	0.32	0.33	0.34	0.34	0.36	0.39	0.41	0.43	0.48	0.53
Financial Leverage	0.10	0.13	0.10	0.13	0.19	0.23	0.28	0.30	0.39	0.45	0.49
Leverage Ratio	1.71	1.71	1.75	1.81	1.79	1.83	1.89	1.99	2.01	2.05	2.17
Compound Leverage Factor	1.70	1.73	1.76	1.82	1.79	1.80	1.87	1.93	1.94	1.94	2.04
Debt to Total Capital	23.85%	24.19%	25.42%	26.13%	26.34%	27.07%	28.82%	29.90%	31.07%	33.38%	34.71%
Short-Term Debt to Total Capital	0.00%	0.00%	1.06%	1.10%	1.11%	1.14%	1.17%	1.21%	1.26%	1.30%	0.01%
Long-Term Debt to Total Capital	23.85%	24.19%	24.36%	25.03%	25.24%	25.93%	27.66%	28.69%	29.81%	32.08%	34.70%
Preferred Equity to Total Capital	0.00%	0.00%	0.11%	0.00%	0.00%	0.11%	0.12%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	76.15%	75.81%	74.58%	73.87%	73.66%	72.93%	71.18%	70.10%	68.93%	66.62%	65.29%
Debt to EBITDA	1.02	1.03	1.09	1.08	1.11	1.10	1.15	1.19	1.23	1.37	1.48
Net Debt to EBITDA	0.39	0.49	0.11	0.25	0.26	0.34	0.49	0.53	0.87	1.02	1.14
Long-Term Debt to EBITDA	1.02	1.03	1.04	1.03	1.06	1.05	1.11	1.14	1.18	1.32	1.48
Debt to NOPAT	1.48	1.51	1.58	1.56	1.58	1.56	1.65	1.71	1.75	1.98	2.14
Net Debt to NOPAT	0.57	0.71	0.16	0.36	0.37	0.48	0.69	0.76	1.24	1.48	1.65
Long-Term Debt to NOPAT	1.48	1.51	1.51	1.49	1.52	1.50	1.58	1.64	1.68	1.91	2.14
Altman Z-Score	7.14	7.54	7.29	6.75	7.11	6.66	6.17	5.75	5.87	5.52	4.96
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.57	3.76	3.78	3.53	3.77	3.75	3.52	3.05	3.14	3.18	3.08
Quick Ratio	2.34	2.33	2.57	2.37	2.49	2.39	2.26	1.95	1.85	1.83	1.82
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-136	-178	77	13	107	78	21	13	-88	-106	-92
Operating Cash Flow to CapEx	1,643.89%	1,863.24%	2,707.65%	1,600.89%	1,130.40%	1,966.34%	1,570.05%	4,029.99%	952.67%	874.43%	471.86%
Free Cash Flow to Firm to Interest Expense	-159.46	0.00	0.00	0.78	405.04	40.60	15.61	1.79	-18.48	-17.07	-14.27
Operating Cash Flow to Interest Expense	143.56	0.00	0.00	7.00	317.71	53.08	50.16	24.47	15.76	10.17	4.00
Operating Cash Flow Less CapEx to Interest Expense	134.82	0.00	0.00	6.56	289.60	50.38	46.96	23.87	14.10	9.00	3.16
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.51	1.54	1.56	1.57	1.64	1.68	1.70	1.70	1.73	1.75	1.67
Accounts Receivable Turnover	6.14	6.61	6.47	6.25	6.32	6.79	6.49	6.47	6.52	7.09	6.61
Inventory Turnover	6.24	6.03	6.26	6.35	6.13	6.04	6.29	6.57	6.43	6.41	6.50
Fixed Asset Turnover	37.13	37.47	38.52	38.36	26.91	39.40	39.65	38.89	26.28	26.37	35.49
Accounts Payable Turnover	11.33	12.66	11.99	11.05	11.54	12.49	11.70	11.14	11.69	13.02	11.56
Days Sales Outstanding (DSO)	59.42	55.23	56.44	58.39	57.72	53.73	56.20	56.45	55.97	51.47	55.23
Days Inventory Outstanding (DIO)	58.48	60.51	58.30	57.46	59.58	60.46	57.98	55.52	56.78	56.98	56.12
Days Payable Outstanding (DPO)	32.22	28.83	30.45	33.02	31.62	29.22	31.21	32.76	31.22	28.03	31.56
Cash Conversion Cycle (CCC)	85.68	86.91	84.30	82.83	85.67	84.97	82.98	79.21	81.53	80.42	79.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,047	2,062	1,811	1,825	1,809	1,792	1,798	1,736	1,821	1,780	1,723
Invested Capital Turnover	2.33	2.32	2.48	2.52	2.47	2.50	2.53	2.60	2.50	2.47	2.43
Increase / (Decrease) in Invested Capital	237	270	13	89	-11	13	75	82	189	191	175
Enterprise Value (EV)	8,867	9,476	8,620	7,612	7,751	6,832	6,206	5,831	5,867	5,281	4,390
Market Capitalization	8,648	9,207	8,559	7,475	7,610	6,646	5,942	5,553	5,427	4,797	3,889
Book Value per Share	$47.62	$46.65	$45.68	$43.75	$43.16	$41.49	$39.74	$37.73	$35.77	$33.60	$31.70
Tangible Book Value per Share	$20.39	$19.42	$23.07	$21.33	$22.23	$20.40	$18.43	$16.67	$14.52	$12.36	$10.83
Total Capital	2,400	2,366	2,349	2,286	2,266	2,205	2,158	2,081	2,003	1,945	1,871
Total Debt	572	572	597	597	597	597	622	622	622	649	649
Total Long-Term Debt	572	572	572	572	572	572	597	597	597	624	649
Net Debt	219	269	59	137	140	184	262	278	440	484	502
Capital Expenditures (CapEx)	7.45	5.11	4.72	7.45	7.45	5.18	4.22	4.47	7.89	7.19	5.50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	864	882	818	833	868	845	842	788	869	835	792
Debt-free Net Working Capital (DFNWC)	1,217	1,185	1,356	1,294	1,324	1,258	1,203	1,132	1,051	1,000	939
Net Working Capital (NWC)	1,217	1,185	1,331	1,269	1,299	1,233	1,178	1,106	1,026	975	939
Net Nonoperating Expense (NNE)	1.66	-1.29	-2.31	-1.17	-1.16	-0.79	1.38	3.22	3.68	5.27	5.81
Net Nonoperating Obligations (NNO)	219	269	59	137	140	184	262	278	440	484	502
Total Depreciation and Amortization (D&A)	17	13	14	13	13	13	13	13	13	13	13
Debt-free, Cash-free Net Working Capital to Revenue	19.21%	19.69%	18.24%	18.60%	19.39%	18.94%	18.95%	17.85%	20.14%	20.04%	19.89%
Debt-free Net Working Capital to Revenue	27.05%	26.46%	30.25%	28.88%	29.58%	28.19%	27.06%	25.64%	24.36%	24.02%	23.60%
Net Working Capital to Revenue	27.05%	26.46%	29.69%	28.33%	29.02%	27.63%	26.49%	25.07%	23.77%	23.41%	23.59%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.60	$2.43	$2.40	$2.70	$2.51	$2.35	$2.42	$2.37	$2.52	$2.09	$2.00
Adjusted Weighted Average Basic Shares Outstanding	38.32M	38.43M	38.40M	38.36M	38.68M	38.74M	38.70M	38.66M	38.62M	38.58M	38.53M
Adjusted Diluted Earnings per Share	$2.57	$2.39	$2.36	$2.64	$2.48	$2.32	$2.39	$2.35	$2.47	$2.05	$1.97
Adjusted Weighted Average Diluted Shares Outstanding	38.85M	38.96M	38.94M	38.36M	39.25M	39.30M	39.31M	38.66M	39.27M	39.21M	39.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	38.08M	38.38M	38.45M	38.36M	38.60M	38.67M	38.76M	38.66M	38.65M	38.60M	38.57M
Normalized Net Operating Profit after Tax (NOPAT)	101	92	90	102	96	90	95	95	101	86	83
Normalized NOPAT Margin	8.70%	8.57%	8.17%	8.82%	8.38%	8.40%	8.69%	8.24%	8.91%	8.09%	7.78%
Pre Tax Income Margin	10.91%	11.42%	10.56%	12.14%	10.70%	10.73%	10.86%	10.58%	10.80%	9.99%	9.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	150.22	0.00	0.00	8.23	463.89	61.30	91.10	17.24	26.62	18.13	16.28
NOPAT to Interest Expense	118.95	0.00	0.00	6.00	362.49	47.17	72.13	12.98	21.13	13.86	12.76
EBIT Less CapEx to Interest Expense	141.48	0.00	0.00	7.79	435.78	58.60	87.90	16.63	24.97	16.97	15.44
NOPAT Less CapEx to Interest Expense	110.21	0.00	0.00	5.57	334.39	44.47	68.93	12.37	19.48	12.70	11.91
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	15.57%	14.81%	14.73%	14.49%	14.72%	14.51%	14.82%	15.41%	15.89%	17.26%	18.55%
Augmented Payout Ratio	47.56%	38.85%	36.44%	33.51%	22.44%	17.36%	14.82%	15.62%	16.16%	18.72%	21.38%

Frequently Asked Questions About Applied Industrial Technologies' Financials

When does Applied Industrial Technologies's financial year end?

According to the most recent income statement we have on file, Applied Industrial Technologies' fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Applied Industrial Technologies' net income changed over the last 9 years?

Applied Industrial Technologies' net income appears to be on an upward trend, with a most recent value of $385.76 million in 2024, rising from $115.48 million in 2015. The previous period was $346.74 million in 2023. Check out Applied Industrial Technologies' forecast to explore projected trends and price targets.

What is Applied Industrial Technologies's operating income?

Applied Industrial Technologies's total operating income in 2024 was $495.82 million, based on the following breakdown:

Total Gross Profit: $1.34 billion
Total Operating Expenses: $840.83 million

How has Applied Industrial Technologies revenue changed over the last 9 years?

Over the last 9 years, Applied Industrial Technologies' total revenue changed from $2.75 billion in 2015 to $4.48 billion in 2024, a change of 62.8%.

How much debt does Applied Industrial Technologies have?

Applied Industrial Technologies' total liabilities were at $1.26 billion at the end of 2024, a 1.7% decrease from 2023, and a 82.7% increase since 2015.

How much cash does Applied Industrial Technologies have?

In the past 9 years, Applied Industrial Technologies' cash and equivalents has ranged from $54.15 million in 2018 to $460.62 million in 2024, and is currently $460.62 million as of their latest financial filing in 2024.

How has Applied Industrial Technologies' book value per share changed over the last 9 years?

Over the last 9 years, Applied Industrial Technologies' book value per share changed from 18.46 in 2015 to 43.75 in 2024, a change of 137.0%.

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This page (NYSE:AIT) was last updated on 5/31/2025 by MarketBeat.com Staff

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Applied Industrial Technologies (AIT) Financials

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Applied Industrial Technologies (AIT) Financials

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