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MARKETS / NYSE / Industrials / Durable goods wholesale / AIT
NYSE · WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES · LARGE CAP

Applied Industrial Technologies Inc. AIT

18 fiscal years on record · USD · FY2025 reported · SEC filings only
16 YEARS OF DIVIDEND GROWTH
$5.0B
▲ 8.8% YoY
$414.5M
▲ 5.5% YoY
$460.5M
▼ 1.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies and related maintenance supplies, and provides technical solutions built around them. The company operates approximately 580 facilities — including service center, fluid power, flow control and automation operations, repair shops and distribution centers — staffed by approximately 6,900 employee associates, and offers more than 9.4 million stock keeping units focused on industrial bearings, power transmission products, fluid power components and systems, specialty flow control and advanced factory automation solutions, as well as general maintenance products. The company generated 88% of its 2026 sales in the United States, with the remainder from international operations in Canada, Mexico, Australia, New Zealand, Singapore and Costa Rica. It reports results in two segments, Service Center and Engineered Solutions. The Service Center segment provides MRO-focused distribution operations across North America, Australia and New Zealand. The Engineered Solutions segment distributes, engineers, designs, integrates and repairs hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies. Headquartered in Cleveland, Ohio, Applied Industrial Technologies, Inc. and its predecessor companies have engaged in business since 1923.

Written from the business description in APPLIED INDUSTRIAL TECHNOLOGIES, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 13 August 2026. Every sentence was checked against that document before publication.

Growth

USD 5.0B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 5.0 · Net income 0.4
2B4B
2008201120142017202020232025
Compound annual growth
+4.0%
+8.9%
+7.0%
+5.5%
+6.1%
+23.4%
+30.2%
+10.2%
+7.4%
+24.4%
+30.7%
+11.2%
+13.0%
+8.9%
+6.1%
+7.2%
+93.2%
+33.9%
+17.2%
+17.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.9% a year over the five years to FY2025 — but profit grew faster: net income at +23.4%, earnings per share at +24.4%.

The share count fell from 0.04B to 0.04B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

8 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 11.1% · Net 8.3%
5%10%
200820162025
ROE
FY2025 · ROE 22.4%
10%20%
200820162025
Three returns, three denominators.
Gross margin30.3%
Operating margin11.1%
Net margin8.3%
EBITDAUSD 575.3M

Each USD of equity produced 22 cents of profit this year.

Cash & shareholders

USD 389.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 460.5
200M400M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 72.6 · Net buybacks 317.2
150M300MDividendsNet buybacks
2008201120142017202020232025
Dividends paidUSD 72.6M
Net buybacksUSD 317.2M
Share of profit94.0%
Consecutive raises16 years

USD 72.6M in dividends and USD 317.2M in buybacks — 94% of the year's profit went back to shareholders.

Total assetsUSD 3.0B
EquityUSD 1.9B
CashUSD 127.1M
Gross debtUSD 262.3M
Net debtUSD 135.2M
Current ratio2.58×

Net debt stands at 7% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
AIT, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B5.04.64.54.43.83.23.23.53.12.62.52.82.52.52.42.21.91.9
Operating income $B0.50.50.50.50.40.20.10.20.20.20.10.20.20.20.20.20.10.1
EBITDA $B0.60.50.50.50.40.20.10.30.20.20.10.20.20.20.20.20.10.1
Income tax $B0.10.10.10.10.10.00.00.10.10.00.00.10.10.10.10.10.00.0
Net income $B0.40.40.40.30.30.10.00.10.10.10.00.10.10.10.10.10.10.0
Free cash flow $B0.50.50.30.30.20.20.30.20.10.10.10.10.10.10.10.10.20.1
EPS, diluted $10.9510.129.838.846.583.680.623.683.613.400.752.802.672.782.542.241.540.99
Dividend / sh $1.991.661.441.381.341.301.261.221.181.141.101.040.960.880.800.700.600.60
Payout %18161415203520333323314637363131313960
ROE %22.422.224.526.624.716.32.816.818.219.14.215.014.516.516.716.312.48.3
Shares out B0.040.040.040.040.040.040.040.040.040.040.040.04◌◌◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityWholesale-Machinery, Equipment & Supplies
Listed onNYSE
Incorporated inOhio
Fiscal year endsJune 30
Data on record since2008

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