Applied Industrial Technologies (AIT)
(Delayed Data from NYSE)
$253.34 USD
+4.84 (1.95%)
Updated Jan 14, 2025 04:00 PM ET
After-Market: $253.34 0.00 (0.00%) 7:58 PM ET
2-Buy of 5 2
C Value B Growth C Momentum C VGM
Company Summary
Applied Industrial Technologies, Inc. is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO) customers in Australia, North America, Singapore and New Zealand.
The company is also well known in the market for its engineering, design and systems integration services, as well as its inventory management solutions and maintenance training services that boost the value of end users in the market. The company, ...
Company Summary
Applied Industrial Technologies, Inc. is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO) customers in Australia, North America, Singapore and New Zealand.
The company is also well known in the market for its engineering, design and systems integration services, as well as its inventory management solutions and maintenance training services that boost the value of end users in the market. The company, founded in 1923, is currently headquartered in Cleveland, OH.
Applied Industrial has operations in the United States, Canada and other countries (Mexico, Australia, New Zealand and Singapore), generating 87.5%, 7.1%, and 5.4% of fiscal 2023 revenues, respectively. Exiting fiscal 2023, the company had an employee base of 6,200 people.
Applied Industrial reports revenues under two business segments. A brief discussion on the segments is provided below:
Service Center Based Distribution (68% of net revenues in fiscal 2024) segment offers different types of industrial products majorly through service centers in New Zealand, Australia and North America. Some of the products offered by the segment include industrial bearings, motors, belting, drives, couplings and pumps.
This segment also provides services in the oil and gas industry as well as includes operations of fabricated rubber shops (regional) and rubber service field crews. Service offerings of Applied Maintenance Supplies & Solutions come under the ambit of this segment.
The Engineered Solutions segment (formerly Fluid Power & Flow Control) (32%) includes specialized regional businesses that offer fluid power components, assembling and designing of fluid power systems, and equipment repairing services. These products and services are traded to the end-users directly in the absence of any service centers. In addition, the segment offers integration of flow control systems, pump repair and other services.
General Information
Applied Industrial Technologies, Inc
ONE APPLIED PLAZA
CLEVELAND, OH 44115
Phone: 216-426-4000
Fax: 216-426-4845
Email: rcieslak@applied.com
| Industry | Manufacturing - General Industrial |
| Sector | Industrial Products |
| Fiscal Year End | June |
| Last Reported Quarter | 12/31/2024 |
| Earnings Date | 1/29/2025 |
EPS Information
| Current Quarter EPS Consensus Estimate | 2.21 |
| Current Year EPS Consensus Estimate | 9.76 |
| Estimated Long-Term EPS Growth Rate | 7.50 |
| Earnings Date | 1/29/2025 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 248.50 |
| 52 Week High | 282.98 |
| 52 Week Low | 166.37 |
| Beta | 1.08 |
| 20 Day Moving Average | 318,745.94 |
| Target Price Consensus | 292.86 |
| 4 Week | -3.99 |
| 12 Week | 8.05 |
| YTD | 3.77 |
| 4 Week | -0.08 |
| 12 Week | 8.38 |
| YTD | 4.58 |
| Shares Outstanding (millions) | 38.45 |
| Market Capitalization (millions) | 9,553.96 |
| Short Ratio | NA |
| Last Split Date | 6/16/2006 |
| Dividend Yield | 0.60% |
| Annual Dividend | $1.48 |
| Payout Ratio | 0.15 |
| Change in Payout Ratio | -0.08 |
| Last Dividend Payout / Amount | 11/15/2024 / $0.37 |
Fundamental Ratios
| P/E (F1) | 25.45 |
| Trailing 12 Months | 25.57 |
| PEG Ratio | 3.41 |
| vs. Previous Year (Q0/Q-4) | -1.26% |
| vs. Previous Quarter (Q0/Q-1) | -10.61% |
| vs. Previous Year (Q0/Q-4) | 0.34% |
| vs. Previous Quarter (Q0/Q-1) | -5.32% |
| Price/Book | 5.45 |
| Price/Cash Flow | 21.88 |
| Price / Sales | 2.13 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 22.68 |
| 6/30/24 | 23.55 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 13.14 |
| 6/30/24 | 13.50 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 3.78 |
| 6/30/24 | 3.53 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 2.74 |
| 6/30/24 | 2.56 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 8.50 |
| 6/30/24 | 8.54 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 8.57 |
| 6/30/24 | 8.61 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 11.05 |
| 6/30/24 | 11.12 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 45.57 |
| 6/30/24 | 43.75 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 6.26 |
| 6/30/24 | 6.22 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 0.33 |
| 6/30/24 | 0.34 |
| 12/31/24 | Pending Next EPS Report |
| 9/30/24 | 24.62 |
| 6/30/24 | 25.31 |