Applied Indl Technologies Inc Financials
Applied Indl Technologies Inc (AIT) reported $5.0B in revenue for fiscal year 2026, up 8.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Low-capital-intensity distribution economics let AIT turn steady margins into cash, then redirect it into debt reduction and buybacks.
For the last three fiscal years, operating cash flow exceeded net income while capex stayed around$25M a year, so most reported earnings were available for debt reduction or shareholder payouts rather than being consumed by the asset base. That helps explain the balance-sheet change: long-term debt fell to$262M from$572M . It also funded heavy cash returns, including$317M of buybacks in FY2026.
Since FY2024, revenue added about
The drop in cash to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Applied Indl Technologies Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Applied Indl Technologies Inc has an operating margin of 11.1%, meaning the company retains $11 of operating profit per $100 of revenue. This strong profitability earns a score of 79/100, reflecting efficient cost management and pricing power. This is up from 10.9% the prior year.
Applied Indl Technologies Inc's revenue grew 8.8% year-over-year to $5.0B, a solid pace of expansion. This earns a growth score of 52/100.
Applied Indl Technologies Inc carries a low D/E ratio of 0.14, meaning only $0.14 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 73/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.58, Applied Indl Technologies Inc holds $2.58 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 70/100.
Applied Indl Technologies Inc converts 9.3% of revenue into free cash flow ($460.5M). This strong cash generation earns a score of 65/100.
Applied Indl Technologies Inc earns a strong 22.3% return on equity (ROE), meaning it generates $22 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 92/100. This is up from 21.3% the prior year.
Applied Indl Technologies Inc scores 10.42, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($12.4B) relative to total liabilities ($1.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Applied Indl Technologies Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Applied Indl Technologies Inc generates $1.17 in operating cash flow ($484.1M OCF vs $414.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Applied Indl Technologies Inc earns $31.60 in operating income for every $1 of interest expense ($549.5M vs $17.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Applied Indl Technologies Inc generated $5.0B in revenue in fiscal year 2026. This represents an increase of 8.8% from the prior year.
Applied Indl Technologies Inc's EBITDA was $615.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.1% from the prior year.
Applied Indl Technologies Inc reported $414.5M in net income in fiscal year 2026. This represents an increase of 5.5% from the prior year.
Applied Indl Technologies Inc earned $10.95 per diluted share (EPS) in fiscal year 2026. This represents an increase of 8.2% from the prior year.
Cash & Balance Sheet
Applied Indl Technologies Inc generated $460.5M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 1.0% from the prior year.
Applied Indl Technologies Inc held $127.1M in cash against $262.3M in long-term debt as of fiscal year 2026.
Applied Indl Technologies Inc paid $1.99 per share in dividends in fiscal year 2026. This represents an increase of 19.9% from the prior year.
Margins & Returns
Applied Indl Technologies Inc's gross margin was 30.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. That is unchanged from the prior year.
Applied Indl Technologies Inc's operating margin was 11.1% in fiscal year 2026, reflecting core business profitability. This is up 0.1 percentage points from the prior year.
Applied Indl Technologies Inc's net profit margin was 8.3% in fiscal year 2026, showing the share of revenue converted to profit. This is down 0.3 percentage points from the prior year.
Applied Indl Technologies Inc's ROE was 22.3% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 1.0 percentage points from the prior year.
Capital Allocation
Applied Indl Technologies Inc spent $317.2M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 107.6% from the prior year.
Applied Indl Technologies Inc invested $23.6M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 13.3% from the prior year.
Not reported for fiscal year 2026.
AIT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B+8.1% | $1.3B+7.6% | $1.2B-3.0% | $1.2B-2.1% | $1.2B+5.0% | $1.2B+8.7% | $1.1B-2.4% | $1.1B |
| Cost of Revenue | $941.5M+8.1% | $870.6M+7.5% | $809.7M-3.4% | $838.1M-1.4% | $850.0M+4.7% | $811.5M+8.9% | $745.0M-3.7% | $773.9M |
| Gross Profit | $411.2M+8.0% | $380.8M+7.8% | $353.3M-2.2% | $361.4M-3.6% | $374.7M+5.5% | $355.3M+8.3% | $328.1M+0.9% | $325.1M |
| SG&A Expenses | $251.9M+3.7% | $242.9M+5.5% | $230.1M-1.0% | $232.4M-3.0% | $239.7M+6.1% | $225.9M+9.0% | $207.2M-2.2% | $211.9M |
| Operating Income | $159.3M+15.5% | $137.9M+11.9% | $123.2M-4.5% | $129.0M-4.5% | $135.1M+4.4% | $129.4M+7.1% | $120.9M+6.8% | $113.2M |
| Interest Expense | $21.8M+989.6% | -$2.4M-159.8% | -$942K+5.1% | -$993K-105.7% | $17.5M+2152.1% | -$853K-191.1% | $936K+49.3% | $627K |
| Income Tax | $39.2M+10.8% | $35.4M+28.9% | $27.4M-1.3% | $27.8M+2.1% | $27.2M-1.0% | $27.5M-6.1% | $29.3M+21.9% | $24.0M |
| Net Income | $118.6M+18.9% | $99.8M+4.6% | $95.3M-5.4% | $100.8M-6.5% | $107.8M+8.1% | $99.8M+7.0% | $93.3M+1.3% | $92.1M |
| EPS (Diluted) | $3.16+19.2% | $2.65+5.6% | $2.51-4.6% | $2.63-5.7% | $2.79+8.6% | $2.57+7.5% | $2.39+1.3% | $2.36 |
Not reported in any period shown, so not listed: R&D Expenses.
AIT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.0B+0.7% | $3.0B-5.4% | $3.2B-0.8% | $3.2B+0.3% | $3.2B+1.9% | $3.1B+2.3% | $3.0B+1.4% | $3.0B |
| Current Assets | $1.6B-0.2% | $1.6B-9.6% | $1.7B-1.0% | $1.8B+1.0% | $1.7B+3.3% | $1.7B+4.7% | $1.6B-10.8% | $1.8B |
| Cash & Equivalents | $127.1M-25.9% | $171.6M-57.7% | $406.0M-3.0% | $418.7M+7.8% | $388.4M+10.1% | $352.8M+16.3% | $303.4M-43.7% | $538.5M |
| Inventory | $509.0M-3.3% | $526.3M-0.5% | $529.0M+1.4% | $521.7M+3.2% | $505.3M+1.0% | $500.6M-3.4% | $518.0M+4.1% | $497.6M |
| Accounts Receivable | $831.2M+4.8% | $792.8M+12.2% | $706.9M-6.2% | $753.4M-2.1% | $769.7M+2.0% | $754.6M+8.4% | $696.2M+0.7% | $691.5M |
| Goodwill | $704.7M0.0% | $705.0M+0.5% | $701.4M+0.2% | $699.9M+0.1% | $699.4M+0.7% | $694.2M+1.2% | $686.1M+9.9% | $624.2M |
| Total Liabilities | $1.1B+1.7% | $1.1B-12.2% | $1.3B-1.3% | $1.3B-2.2% | $1.3B+3.3% | $1.3B+3.0% | $1.3B0.0% | $1.3B |
| Current Liabilities | $612.4M+14.1% | $536.6M+12.9% | $475.5M-4.5% | $497.8M-5.4% | $526.2M+11.0% | $474.2M+10.4% | $429.4M-10.2% | $478.3M |
| Long-Term Debt | $262.3M-24.5% | $347.3M-39.3% | $572.3M0.0% | $572.3M0.0% | $572.3M0.0% | $572.3M0.0% | $572.3M0.0% | $572.3M |
| Total Equity | $1.9B+0.1% | $1.9B-0.8% | $1.9B-0.5% | $1.9B+2.1% | $1.8B+0.9% | $1.8B+1.9% | $1.8B+2.4% | $1.8B |
| Retained Earnings | $2.8B+3.0% | $2.7B+3.1% | $2.6B+3.1% | $2.5B+4.1% | $2.4B+3.1% | $2.4B+3.6% | $2.3B+3.6% | $2.2B |
AIT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $165.0M+64.8% | $100.1M+0.5% | $99.7M-16.5% | $119.3M-18.9% | $147.0M+20.1% | $122.5M+28.7% | $95.1M-25.5% | $127.7M |
| Capital Expenditures | $5.3M+11.0% | $4.7M-24.6% | $6.3M-14.0% | $7.3M-17.9% | $8.9M+17.8% | $7.5M+45.3% | $5.2M-6.3% | $5.5M |
| Free Cash Flow | $159.7M+67.5% | $95.4M+2.1% | $93.4M-16.6% | $112.0M-18.9% | $138.2M+20.2% | $114.9M+27.8% | $89.9M-26.4% | $122.2M |
| Investing Cash Flow | -$5.1M+61.6% | -$13.4M-130.3% | -$5.8M+39.1% | -$9.5M+66.1% | -$28.2M-269.7% | -$7.6M+97.2% | -$267.8M-1659.7% | -$15.2M |
| Financing Cash Flow | -$204.4M+36.2% | -$320.1M-195.1% | -$108.5M-38.1% | -$78.6M+11.2% | -$88.4M-33.9% | -$66.1M-15.8% | -$57.1M-67.6% | -$34.0M |
| Dividends Paid | $18.9M-0.7% | $19.0M+9.6% | $17.3M-0.2% | $17.4M-0.9% | $17.5M-0.8% | $17.7M+24.1% | $14.3M+0.2% | $14.2M |
| Share Buybacks | $80.8M-13.1% | $93.0M+3.1% | $90.2M+69.7% | $53.2M-27.2% | $73.0M+46.9% | $49.7M+147.3% | $20.1M+101.4% | $10.0M |
AIT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.4%0.0pp | 30.4%+0.1pp | 30.4%+0.3pp | 30.1%-0.5pp | 30.6%+0.2pp | 30.4%-0.1pp | 30.6%+1.0pp | 29.6% |
| Operating Margin | 11.8%+0.8pp | 11.0%+0.4pp | 10.6%-0.2pp | 10.8%-0.3pp | 11.0%-0.1pp | 11.1%-0.2pp | 11.3%+1.0pp | 10.3% |
| Net Margin | 8.8%+0.8pp | 8.0%-0.2pp | 8.2%-0.2pp | 8.4%-0.4pp | 8.8%+0.2pp | 8.6%-0.1pp | 8.7%+0.3pp | 8.4% |
| Return on Equity | 6.4%+1.0pp | 5.4%+0.3pp | 5.1%-0.3pp | 5.3%-0.5pp | 5.9%+0.4pp | 5.5%+0.3pp | 5.2%-0.1pp | 5.3% |
| Return on Assets | 3.9%+0.6pp | 3.3%+0.3pp | 3.0%-0.1pp | 3.2%-0.2pp | 3.4%+0.2pp | 3.2%+0.1pp | 3.1%0.0pp | 3.1% |
| Current Ratio | 2.58-0.4x | 2.95-0.7x | 3.68+0.1x | 3.55+0.2x | 3.32-0.2x | 3.57-0.2x | 3.760.0x | 3.78 |
| Debt-to-Equity | 0.140.0x | 0.19-0.1x | 0.310.0x | 0.300.0x | 0.310.0x | 0.310.0x | 0.320.0x | 0.33 |
| FCF Margin | 11.8%+4.2pp | 7.6%-0.4pp | 8.0%-1.3pp | 9.3%-1.9pp | 11.3%+1.4pp | 9.8%+1.5pp | 8.4%-2.7pp | 11.1% |
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Where Applied Indl Technologies Inc Ranks
Frequently Asked Questions
What is Applied Indl Technologies Inc's annual revenue?
Applied Indl Technologies Inc (AIT) reported $5.0B in total revenue for fiscal year 2026. This represents a 8.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Applied Indl Technologies Inc's revenue growing?
Applied Indl Technologies Inc (AIT) revenue grew by 8.8% year-over-year, from $4.6B to $5.0B in fiscal year 2026.
Is Applied Indl Technologies Inc profitable?
Yes, Applied Indl Technologies Inc (AIT) reported a net income of $414.5M in fiscal year 2026, with a net profit margin of 8.3%.
What is Applied Indl Technologies Inc's EBITDA?
Applied Indl Technologies Inc (AIT) had EBITDA of $615.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Applied Indl Technologies Inc have?
As of fiscal year 2026, Applied Indl Technologies Inc (AIT) had $127.1M in cash and equivalents against $262.3M in long-term debt.
What is Applied Indl Technologies Inc's gross margin?
Applied Indl Technologies Inc (AIT) had a gross margin of 30.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Applied Indl Technologies Inc's operating margin?
Applied Indl Technologies Inc (AIT) had an operating margin of 11.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Applied Indl Technologies Inc's net profit margin?
Applied Indl Technologies Inc (AIT) had a net profit margin of 8.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Applied Indl Technologies Inc pay dividends?
Yes, Applied Indl Technologies Inc (AIT) paid $1.99 per share in dividends during fiscal year 2026.
What is Applied Indl Technologies Inc's return on equity (ROE)?
Applied Indl Technologies Inc (AIT) has a return on equity of 22.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Applied Indl Technologies Inc's free cash flow?
Applied Indl Technologies Inc (AIT) generated $460.5M in free cash flow during fiscal year 2026. This represents a -1.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Applied Indl Technologies Inc's operating cash flow?
Applied Indl Technologies Inc (AIT) generated $484.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Applied Indl Technologies Inc's total assets?
Applied Indl Technologies Inc (AIT) had $3.0B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Applied Indl Technologies Inc's capital expenditures?
Applied Indl Technologies Inc (AIT) invested $23.6M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Applied Indl Technologies Inc's current ratio?
Applied Indl Technologies Inc (AIT) had a current ratio of 2.58 as of fiscal year 2026, which is generally considered healthy.
What is Applied Indl Technologies Inc's debt-to-equity ratio?
Applied Indl Technologies Inc (AIT) had a debt-to-equity ratio of 0.14 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Applied Indl Technologies Inc's return on assets (ROA)?
Applied Indl Technologies Inc (AIT) had a return on assets of 13.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Applied Indl Technologies Inc's Altman Z-Score?
Applied Indl Technologies Inc (AIT) has an Altman Z-Score of 10.42, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Applied Indl Technologies Inc's Piotroski F-Score?
Applied Indl Technologies Inc (AIT) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Applied Indl Technologies Inc's earnings high quality?
Applied Indl Technologies Inc (AIT) has an earnings quality ratio of 1.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Applied Indl Technologies Inc cover its interest payments?
Applied Indl Technologies Inc (AIT) has an interest coverage ratio of 31.60x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Applied Indl Technologies Inc?
Applied Indl Technologies Inc (AIT) scores 72 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.