Applied Industrial Technologies, Inc.
Description
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. 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 technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. 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.
About
CEO
Mr. Neil A. Schrimsher
Employees
6,549
Instrument type
Common Stock
Sector
Industrials
Industry
Industrial Distribution
MIC code
XNYS
Address
1 Applied Plaza, Cleveland, OH 44115, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 27, 2026 | — | — | — | — |
| Oct 22, 2025 | — | — | — | — |
| Aug 13, 2025 | — | — | — | — |
| Apr 23, 2025 | — | — | — | — |
| Jan 29, 2025 | 2.21 | 2.39 | 0.18 | 8.14% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Jun 2025)
|
Next Year
(Jun 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 7 | 8 | 8 | 8 |
| Average estimate | 2.41 | 2.76 | 9.91 | 10.78 |
| Low estimate | 2.38 | 2.69 | 9.79 | 10.47 |
| High estimate | 2.46 | 2.83 | 10.04 | 11.15 |
| Last year EPS | 2.47 | 2.65 | 9.75 | 9.91 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-2.540%
Next qtr. (Jun 2025)
4.100%
Current year (Jun 2025)
1.820%
Next year (Jun 2026)
8.790%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total reported revenue | 4.48B | 4.41B | 3.81B | 3.24B | 3.25B |
| Cost of revenue | 3.14B | 3.13B | 2.70B | 2.30B | 2.31B |
| Gross profit | 1.34B | 1.29B | 1.11B | 935.52M | 937.74M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 840.94M | 815.28M | 749.67M | 680.83M | 717.98M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 495.71M | 471.68M | 357.25M | 254.70M | 219.76M |
| Non operating interest income | |||||
| Income | 17.71M | 3.15M | 522,000 | 215,000 | 729,000 |
| Expense | 20.54M | 24.79M | 26.79M | 30.81M | 37.26M |
| Other income expense | 5.25M | -231,000 | -1.20M | -47.05M | -127.99M |
| Pretax income | 498.13M | 449.81M | 329.79M | 177.06M | 55.24M |
| Tax provision | 112.37M | 103.07M | 72.38M | 32.31M | 31.19M |
| Net income | 385.76M | 346.74M | 257.41M | 144.76M | 24.04M |
| Basic EPS | 9.98 | 8.98 | 6.69 | 3.73 | 0.62 |
| Diluted EPS | 9.83 | 8.84 | 6.58 | 3.68 | 0.62 |
| Basic average shares | 38.67M | 38.59M | 38.47M | 38.76M | 38.66M |
| Diluted average shares | 38.67M | 38.59M | 38.47M | 38.76M | 38.66M |
| EBITDA | 565.77M | 528.07M | 411.30M | 310.29M | 283.33M |
| Net income from continuing op. | 385.76M | 346.74M | 257.41M | 144.76M | 24.04M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 2.95B | 2.74B | 2.45B | 2.27B | 2.28B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 460.62M | 344.04M | 184.47M | 257.75M | 268.55M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 724.88M | 708.40M | 656.43M | 516.32M | 450.00M |
| Other receivables | — | — | — | — | — |
| Inventory | 488.26M | 501.18M | 449.82M | 362.55M | 389.15M |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 96.15M | 93.19M | 68.81M | 59.96M | 52.07M |
| Non current assets | |||||
| Properties | 367.03M | 320.66M | 312.53M | 285.49M | 285.86M |
| Land and improvements | 14.16M | 14.22M | 14.32M | 14.40M | 14.34M |
| Machinery furniture equipment | — | — | — | — | 195.22M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -244.64M | -229.04M | -215.02M | -204.33M | -192.05M |
| Goodwill | 1.48B | 1.39B | 1.38B | 1.40B | 1.42B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 245.87M | 235.55M | 250.59M | 279.63M | 343.22M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 64.93M | 66.84M | 59.32M | 32.83M | 27.44M |
| Total liabilities | 1.26B | 1.28B | 1.30B | 1.34B | 1.44B |
| Current liabilities | |||||
| Accounts payable | 266.95M | 301.69M | 259.46M | 208.16M | 186.27M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 25.06M | 25.17M | 40.17M | 43.53M | 78.65M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | 93.20M | 98.74M | 91.17M | 77.66M | 61.89M |
| Other current liabilities | 115.89M | 114.75M | 108.82M | 98.36M | 99.28M |
| Non current liabilities | |||||
| Long term debt | 572.28M | 596.93M | 649.15M | 784.86M | 855.14M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 189.75M | 147.63M | 154.46M | 126.71M | 158.78M |
| Shareholders equity | |||||
| Common stock | 10.00M | 10.00M | 10.00M | 10.00M | 10.00M |
| Retained earnings | 2.12B | 1.79B | 1.50B | 1.29B | 1.20B |
| Other shareholders equity | -77.57M | -55.30M | -72.30M | -93.09M | -129.43M |
| Total shareholders equity | 1.69B | 1.46B | 1.15B | 932.55M | 843.54M |
| Additional paid in capital | 193.78M | 188.65M | 183.82M | 177.01M | 176.49M |
| Treasury stock | 559.27M | 477.55M | 471.85M | 455.79M | 414.09M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||||||
| Net Income | 385.76M | 346.74M | 257.41M | 144.76M | 24.04M | 143.99M | 141.63M | 133.91M | 29.58M | 115.48M | 112.82M | 118.15M | 108.78M | 96.76M | 65.90M | 42.26M | 95.46M | 86.02M | 72.30M | 55.34M | 31.47M | 19.83M | 2.66M | 28.05M | 31.05M | 19.90M | 30.10M | 27.10M | 23.30M | 16.90M | 12.70M | 8.90M | -1.70M | 4.30M | 12.20M | 18.30M |
| Depreciation | 52.35M | 53.07M | 53.56M | 55.15M | 62.75M | 62.12M | 49.86M | 39.68M | 41.55M | 42.38M | 28.00M | 25.73M | 22.70M | 22.62M | 21.62M | 22.39M | 14.04M | 13.74M | 12.34M | 16.47M | 16.07M | 15.21M | 17.55M | 22.51M | 22.99M | 22.70M | 21.00M | 13.60M | 15.40M | 14.00M | 13.60M | 12.80M | 12.60M | 11.10M | 8.20M | 8.80M |
| Deferred Taxes | -1.07M | -5.72M | 15.18M | -31.08M | -13.29M | 2.37M | 1.62M | -2.85M | -6.58M | -4.96M | -8.21M | 10.18M | 8.64M | 4.78M | 2.41M | -16.65M | -5.81M | -6.42M | 1.00M | -3.90M | -5.70M | -2.70M | -5.00M | -1.80M | -2.89M | -2.90M | 5.10M | 1.90M | -1.40M | -3.30M | 2.40M | 3.50M | -1.50M | 300,000 | -2.40M | -1.30M |
| Stock-Based Compensation | 9.50M | 9.58M | 8.56M | 6.45M | 4.00M | 4.47M | 4.67M | 3.63M | 2.52M | 2.85M | 2.70M | 3.44M | 4.31M | 3.16M | 2.36M | 800,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -1.31M | 1.15M | -1.75M | 1.45M | -2.51M | — | — | 103,000 | — | 45,000 | 161,000 | 241,000 | 284,000 | 221,000 | 2.50M | 5.35M | 6.78M | 6.31M | 15.05M | — | 2,000 | — | — | — | — | -100,000 | — | -100,000 | 200,000 | 500,000 | 2.70M | 100,000 | — | 3.00M | 100,000 | -200,000 |
| Accounts Receivable | -1.93M | -51.06M | -145.52M | -59.12M | 74.44M | 8.47M | -83.10M | -42.27M | 26.41M | 13.13M | -29.09M | -15.72M | -22.75M | -36.27M | -48.58M | 63.93M | 8.31M | -17.42M | -17.07M | -9.59M | -17.44M | 9.32M | 7.24M | 15.87M | -7.61M | 9.30M | -11.30M | -2.30M | -9.30M | -16.30M | -14.30M | -5.20M | -8.30M | 23.20M | -21.30M | -9.30M |
| Accounts Payable | -39.27M | 37.68M | 53.60M | 10.92M | -53.86M | -29.79M | 50.35M | 32.08M | -28.64M | 1.04M | 21.37M | 12.21M | 14.16M | 12.93M | 13.57M | -38.12M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -35.88M | -55.88M | -59.94M | 54.58M | 53.14M | -81.21M | -9.50M | 134,000 | 27.20M | -14.59M | -17.98M | -64.63M | -76.18M | -40.98M | 121.72M | -38.64M | -19.14M | 1.24M | -15.69M | -9.83M | -172,000 | 26.62M | 27.85M | -22.16M | 194,000 | 28.10M | -33.30M | 14.40M | -11.20M | -5.10M | 1.40M | 10.70M | 11.40M | 42.90M | -3.60M | -4.30M |
| Operating Cash Flow | 368.15M | 335.56M | 181.09M | 183.10M | 148.71M | 110.43M | 155.51M | 164.41M | 92.04M | 155.38M | 109.78M | 89.60M | 59.95M | 63.21M | 181.50M | 41.31M | 99.64M | 83.48M | 67.92M | 48.49M | 24.23M | 68.28M | 50.29M | 42.46M | 43.74M | 77.00M | 11.60M | 54.60M | 17.00M | 6.70M | 18.50M | 30.80M | 12.50M | 84.80M | -6.80M | 12.00M |
| Investing Activities | ||||||||||||||||||||||||||||||||||||
| Capital Expenditures | 576,000 | 1.43M | 1.11M | 1.15M | 1.95M | 1.00M | 978,000 | 2.92M | -12.53M | -13.00M | -19.31M | -11.24M | -24.76M | -19.11M | -6.68M | -6.23M | -7.04M | -9.92M | -9.81M | -5.19M | -13.01M | -4.93M | -6.44M | -7.48M | -4.17M | -22.00M | -56.80M | -14.70M | -18.70M | -11.00M | -11.70M | -10.40M | -17.70M | -18.20M | -14.90M | -16.80M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -72.09M | -35.79M | -6.96M | -30.23M | -37.24M | -37.53M | -775.65M | -2.77M | -62.50M | -160.62M | -184.32M | -67.59M | -14.67M | -30.50M | -100,000 | -172.20M | -22.11M | — | -27.67M | -5.91M | -1.29M | -10.26M | -2.57M | -5.49M | -34.52M | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -70.54M | -34.36M | -17.53M | -29.08M | -35.29M | -36.13M | -774.68M | 151,000 | -75.03M | -173.62M | -203.64M | -78.83M | -39.43M | -47.89M | -6.78M | -178.43M | -26.84M | -10.22M | -37.91M | -12.54M | -15.87M | -14.79M | -8.74M | -13.28M | -38.99M | -15.90M | -53.10M | -1.40M | -30.80M | -13.00M | -12.20M | -11.60M | -21.80M | -18.00M | -88.10M | -16.70M |
| Financing Activities | ||||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 408,000 | — | 410.59M | 26.00M | 25.00M | 175.00M | 799.50M | — | 125.00M | 170.00M | 169.00M | — | — | — | — | 50.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -25.25M | -67.25M | -550.49M | -131.88M | -49.55M | -181.24M | -125.42M | -3.35M | -117.66M | -19.72M | -647,000 | — | — | -75.00M | -5.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -2.49M | -5.61M | -18.09M | -16.56M | -5.14M | -6.88M | -5.26M | -14.79M | -20.45M | -9.12M | 835,000 | -1.28M | 3.70M | -6.35M | 2.49M | -318,000 | 3.76M | 3.89M | 16.40M | — | — | 2.52M | 2.04M | — | — | -100,000 | -100,000 | — | -100,000 | — | -100,000 | -100,000 | — | — | — | — |
| Financing Cash Flow | -156.60M | -154.02M | 187.01M | -213.20M | -78.57M | -91.04M | 619.68M | -104.01M | -93.90M | 21.99M | 92.05M | -38.52M | -61.14M | -117.18M | -36.85M | 28.09M | -53.53M | -48.41M | -53.78M | -11.75M | -7.27M | -13.28M | -18.35M | -23.63M | -30.46M | -31.00M | -16.70M | -11.20M | -7.00M | -5.40M | -6.70M | -4.70M | -4.50M | -5.80M | -12.10M | -13.30M |
| Other Cash Details | ||||||||||||||||||||||||||||||||||||
| End Cash Position | 460.62M | 344.04M | 184.47M | 257.75M | 268.55M | 108.22M | 54.15M | 105.06M | 59.86M | 69.47M | 71.19M | 73.16M | 78.44M | 91.09M | 175.78M | 27.64M | 101.83M | 119.67M | 106.43M | 127.14M | 69.67M | 55.08M | 23.06M | 13.98M | 12.35M | 19.20M | 9.30M | 22.40M | — | — | — | — | — | — | — | — |
| Income Tax Paid | 116.31M | 108.08M | 53.30M | 64.39M | 41.16M | 54.29M | 41.72M | 38.77M | 54.75M | -69.27M | -51.55M | -51.82M | 53.46M | 47.25M | 31.18M | 43.08M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 23.98M | 22.57M | 20.16M | 27.49M | 36.65M | 40.14M | 25.56M | 8.56M | 9.50M | -5.85M | -1.03M | -501,000 | 672,000 | 2.25M | 5.20M | 5.27M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 346.53M | 317.49M | 169.45M | 225.85M | 276.60M | 161.63M | 124.07M | 147.57M | 148.88M | 142.07M | 89.92M | 99.18M | 64.40M | 56.41M | 177.11M | 74.31M | 101.89M | 59.73M | 58.80M | 71.83M | 26.48M | 52.32M | 61.07M | 25.49M | 66.93M | 57.00M | -65.60M | 20.20M | 12.90M | -1.70M | 13.90M | 5.30M | 10.90M | 34.50M | -10.40M | -4.40M |
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