Applied Industrial Technologies, Inc. (AIT)

From the record

Applied Industrial Technologies, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Applied Industrial Technologies, Inc.'s 10 filed years say what it did: revenue went from $2.6 billion in fiscal 2017 to $5.0 billion in fiscal 2026, up 7.5% a year; it rose in 7 of 9 years; the deepest fall was 7% from fiscal 2019 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-30, Applied Industrial Technologies, Inc.'s diluted share count shrank about 1.2% a year, and dividends and buybacks returned about 55% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 14 sales and 0 purchases of their own stock on the open market in the year to 2026-10-22 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-30, Applied Industrial Technologies, Inc. earned about 22 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 50 cents per dollar of everything the company owns. Leverage: it owed about 38 cents per dollar of assets, and net share issuance: its share count shrank 2.5% over the year (the filed statements).

From the record

Applied Industrial Technologies, Inc.'s standing among 51 graded names in its industry family: revenue of $5.0 billion in fiscal 2026 ranks in the top 38% by size; a net margin of 8.3% ranks in the top 13%; revenue growth of 4% a year over the last 3 filed years ranks in the top 38% (its annual reports).

From the record

Applied Industrial Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schrimsher, Neil A (President and CEO, as filed), filing under that title since 2011-10-25, 15.1 years (top 16% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 39%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Applied Industrial Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $127 million against debt of $262 million leaves -4.5% of its assets as net cash, bottom 47% of its family; cash from operations less capital spending is 9.3% of revenue (top 13%); a gross margin of 30.3% (top 34%) (its annual report).

From the record

Applied Industrial Technologies, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 4% a year over the last three filed years against 7.5% over all 10, slowing (bottom 47% of its family); the newest year grew 8.8% (top 31%); capital spending grew -3.8% a year (bottom 36%) (its annual reports). Applied Industrial Technologies, Inc. reported 2 lines of business in fiscal 2026: Service Center Based Distribution at $3.2 billion (64%), Engineered Solutions at $1.8 billion (36%); 2 of 2 grew against the year before (its annual report).

From the record

Applied Industrial Technologies, Inc.'s newest year against its own record: revenue of $5.0 billion in fiscal 2026 came in 7% above the $4.6 billion its prior three years' pace pointed to (top 42% of its family); net income of $415 million against a prior three-year average of $375 million (top 24%); a net margin of 8.3% against 8.4% before (top 28%) (its annual reports).