Applied Industrial Technologies (AIT) Financials

$226.45 +0.09 (+0.04%)

As of 03:03 PM Eastern

Annual Income Statements for Applied Industrial Technologies

This table shows Applied Industrial Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	115	30	134	142	144	24	145	257	347	386
Consolidated Net Income / (Loss)	115	30	134	142	144	24	145	257	347	386
Net Income / (Loss) Continuing Operations	115	30	134	142	144	24	145	257	347	386
Total Pre-Tax Income	176	79	167	205	194	55	177	330	450	498
Total Operating Income	185	90	175	226	234	89	205	358	473	496
Total Gross Profit	770	707	738	884	1,008	938	936	1,107	1,287	1,337
Total Revenue	2,752	2,519	2,594	3,073	3,473	3,246	3,236	3,811	4,413	4,479
Operating Revenue	2,752	2,519	2,594	3,073	3,473	3,246	3,236	3,811	4,413	4,479
Total Cost of Revenue	1,982	1,812	1,856	2,189	2,465	2,308	2,300	2,704	3,126	3,143
Operating Cost of Revenue	1,982	1,812	1,856	2,189	2,465	2,308	2,300	2,704	3,126	3,143
Total Operating Expenses	585	618	562	658	774	849	730	749	814	841
Selling, General & Admin Expense	585	553	562	658	742	718	681	749	814	841
Total Other Income / (Expense), net	-8.75	-11	-8.42	-21	-39	-34	-28	-28	-23	2.31
Interest Expense	8.12	9.00	8.83	24	41	37	31	27	25	21
Interest & Investment Income	0.25	0.24	0.29	0.66	0.60	0.73	0.22	0.52	3.15	18
Other Income / (Expense), net	-0.88	-2.04	0.12	2.38	0.88	2.78	2.20	-1.81	-1.70	5.14
Income Tax Expense	60	49	33	63	50	31	32	72	103	112
Basic Earnings per Share	$2.82	$0.75	$3.43	$3.65	$3.72	$0.62	$3.73	$6.69	$8.98	$9.98
Weighted Average Basic Shares Outstanding	40.89M	39.25M	39.01M	38.75M	38.67M	38.71M	38.52M	38.49M	38.66M	38.36M
Diluted Earnings per Share	$2.80	$0.75	$3.40	$3.61	$3.68	$0.62	$3.68	$6.58	$8.84	$9.83
Weighted Average Diluted Shares Outstanding	40.89M	39.25M	39.01M	38.75M	38.67M	38.71M	38.52M	38.49M	38.66M	38.36M
Weighted Average Basic & Diluted Shares Outstanding	40.89M	39.25M	39.01M	38.75M	38.67M	38.71M	38.52M	38.49M	38.66M	38.36M
Cash Dividends to Common per Share	$1.04	$1.10	$1.14	$1.18	$1.22	$1.26	$1.30	$1.34	$1.38	$1.44

This table shows Applied Industrial Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Net Income / (Loss) Attributable to Common Shareholders	79	77	80	97	92	94	91	97	103	92	93
Consolidated Net Income / (Loss)	79	77	80	97	92	94	91	97	103	92	93
Net Income / (Loss) Continuing Operations	79	77	80	97	92	94	91	97	103	92	93
Total Pre-Tax Income	101	99	106	122	123	119	116	123	141	116	123
Total Operating Income	109	107	113	127	127	121	115	121	139	113	121
Total Gross Profit	307	307	309	333	339	325	317	338	356	325	328
Total Revenue	1,061	1,062	1,060	1,132	1,158	1,095	1,077	1,146	1,161	1,099	1,073
Operating Revenue	1,061	1,062	1,060	1,132	1,158	1,095	1,077	1,146	1,161	1,099	1,073
Total Cost of Revenue	755	756	752	799	820	770	760	808	804	774	745
Operating Cost of Revenue	755	756	752	799	820	770	760	808	804	774	745
Total Operating Expenses	197	200	196	206	212	204	202	217	217	212	207
Selling, General & Admin Expense	197	200	196	206	212	204	202	217	217	212	207
Total Other Income / (Expense), net	-8.53	-7.49	-6.94	-4.63	-4.28	-1.75	1.01	1.46	1.59	2.91	1.69
Interest Expense	6.54	6.48	6.19	4.77	7.35	1.32	1.92	0.27	17	-0.63	-0.94
Other Income / (Expense), net	-2.52	-1.01	-0.76	0.14	-0.08	-0.43	2.92	1.72	0.92	2.28	0.76
Income Tax Expense	22	22	25	25	30	25	24	25	37	24	29
Basic Earnings per Share	$2.05	$2.00	$2.09	$2.52	$2.37	$2.42	$2.35	$2.51	$2.70	$2.40	$2.43
Weighted Average Basic Shares Outstanding	38.49M	38.53M	38.58M	38.62M	38.66M	38.70M	38.74M	38.68M	38.36M	38.40M	38.43M
Diluted Earnings per Share	$2.01	$1.97	$2.05	$2.47	$2.35	$2.39	$2.32	$2.48	$2.64	$2.36	$2.39
Weighted Average Diluted Shares Outstanding	38.49M	39.11M	39.21M	39.27M	38.66M	39.31M	39.30M	39.25M	38.36M	38.94M	38.96M
Weighted Average Basic & Diluted Shares Outstanding	38.49M	38.57M	38.60M	38.65M	38.66M	38.76M	38.67M	38.60M	38.36M	38.45M	38.38M
Cash Dividends to Common per Share	-	$0.34	$0.34	$0.35	-	$0.35	$0.35	$0.37	-	$0.37	$0.37

This table details how cash moves in and out of Applied Industrial Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-1.72	-9.61	45	-51	54	160	-11	-73	160	117
Net Cash From Operating Activities	157	162	165	147	181	297	242	188	344	371
Net Cash From Continuing Operating Activities	157	162	165	147	181	297	242	188	344	371
Net Income / (Loss) Continuing Operations	115	30	134	142	144	24	145	257	347	386
Consolidated Net Income / (Loss)	115	30	134	142	144	24	145	257	347	386
Depreciation Expense	17	16	15	18	20	21	21	22	22	23
Amortization Expense	26	26	24	32	42	42	34	32	31	29
Non-Cash Adjustments To Reconcile Net Income	5.09	74	5.82	8.43	45	136	35	13	19	11
Changes in Operating Assets and Liabilities, net	-5.94	17	-15	-53	-70	74	6.38	-137	-75	-78
Net Cash From Investing Activities	-174	-75	-17	-798	-55	-55	-45	-36	-61	-95
Net Cash From Continuing Investing Activities	-174	-75	-17	-798	-55	-55	-45	-36	-61	-95
Purchase of Property, Plant & Equipment	-15	-13	-17	-23	-19	-20	-16	-18	-26	-25
Acquisitions	-161	-63	-2.77	-776	-38	-37	-30	-6.96	-36	-72
Sale of Property, Plant & Equipment	1.93	0.60	2.92	0.98	1.00	1.95	1.15	1.11	1.43	0.58
Other Investing Activities, net	-	-	0.00	0.00	0.39	0.00	0.00	-12	0.00	0.97
Net Cash From Financing Activities	22	-93	-103	600	-72	-78	-213	-223	-127	-156
Net Cash From Continuing Financing Activities	22	-93	-103	600	-72	-78	-213	-223	-127	-156
Repayment of Debt	-20	-118	-3.35	-110	9.88	-27	-109	-555	-69	-26
Repurchase of Common Equity	-77	-37	-8.24	-23	-11	0.00	-40	-14	-0.72	-73
Payment of Dividends	-43	-43	-45	-46	-47	-49	-51	-52	-53	-56
Issuance of Debt	170	125	-33	780	-20	0.00	0.00	411	0.00	0.41
Other Financing Activities, net	-8.89	-19	-14	-1.54	-3.49	-2.28	-14	-13	-3.97	-1.68
Effect of Exchange Rate Changes	-7.33	-3.59	0.82	-0.59	0.11	-2.74	5.46	-2.15	3.32	-2.94
Cash Interest Paid	5.85	9.50	8.56	26	40	37	27	20	23	24
Cash Income Taxes Paid	69	55	39	42	54	41	64	53	108	116

This table details how cash moves in and out of Applied Industrial Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Net Change in Cash & Equivalents	-3.61	-37	18	17	162	16	52	44	4.08	78	-235
Net Cash From Operating Activities	54	26	63	75	180	66	102	84	119	128	95
Net Cash From Continuing Operating Activities	54	26	63	75	180	66	102	84	119	128	95
Net Income / (Loss) Continuing Operations	79	77	80	97	92	94	91	97	103	92	93
Consolidated Net Income / (Loss)	79	77	80	97	92	94	91	97	103	92	93
Depreciation Expense	5.46	5.48	5.55	5.57	5.67	5.72	6.05	5.80	5.86	5.92	5.93
Amortization Expense	7.78	7.71	7.81	7.67	7.62	7.39	7.26	6.95	7.32	7.60	7.57
Non-Cash Adjustments To Reconcile Net Income	-8.06	7.95	8.53	-4.67	7.32	4.52	-0.17	3.77	3.31	5.57	3.49
Changes in Operating Assets and Liabilities, net	-31	-72	-39	-31	67	-45	-2.61	-30	-0.75	17	-15
Net Cash From Investing Activities	-5.83	-5.50	-33	-18	-4.58	-26	-5.18	-7.45	-57	-15	-268
Net Cash From Continuing Investing Activities	-5.83	-5.50	-33	-18	-4.58	-26	-5.18	-7.45	-57	-15	-268
Purchase of Property, Plant & Equipment	-6.45	-5.55	-7.26	-7.99	-5.67	-4.34	-5.52	-7.49	-7.51	-5.55	-5.20
Acquisitions	0.01	0.00	-26	-10	-0.12	-21	-	-	-51	-10	-263
Sale of Property, Plant & Equipment	0.61	0.06	0.07	0.10	1.20	0.12	0.35	0.04	0.06	0.83	0.09
Net Cash From Financing Activities	-50	-56	-14	-42	-15	-22	-47	-32	-55	-34	-57
Net Cash From Continuing Financing Activities	-50	-56	-14	-42	-15	-22	-47	-32	-55	-34	-57
Repayment of Debt	-443	-41	-0.91	-0.06	-27	-0.62	-25	-0.06	-0.06	-1.27	-25
Repurchase of Common Equity	-0.18	-0.72	-	-	-	0.00	-11	-18	-45	-9.98	-20
Payment of Dividends	-13	-13	-13	-14	-14	-14	-14	-14	-14	-14	-14
Other Financing Activities, net	-4.23	-0.98	0.45	-1.76	-1.68	-8.31	2.72	0.69	3.23	-8.58	2.34
Effect of Exchange Rate Changes	-1.87	-	-	1.82	1.92	-1.69	2.61	-1.12	-2.73	-0.58	-5.40

This table presents Applied Industrial Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,433	1,312	1,388	2,286	2,332	2,284	2,272	2,453	2,743	2,952
Total Current Assets	846	782	883	1,058	1,148	1,160	1,197	1,360	1,647	1,770
Cash & Equivalents	69	60	105	54	108	269	258	184	344	461
Accounts Receivable	376	348	391	549	541	450	516	656	708	725
Inventories, net	362	338	345	422	448	389	363	450	501	488
Other Current Assets	38	36	41	33	51	52	60	69	93	96
Plant, Property, & Equipment, net	104	108	108	121	124	122	116	112	115	119
Total Noncurrent Assets	482	423	397	1,106	1,059	1,002	960	981	981	1,063
Goodwill	254	203	206	647	662	541	560	563	578	619
Intangible Assets	199	191	164	436	369	343	280	251	236	246
Other Noncurrent Operating Assets	18	17	27	24	28	118	120	167	168	198
Total Liabilities & Shareholders' Equity	1,433	1,312	1,388	2,286	2,332	2,284	2,272	2,453	2,743	2,952
Total Liabilities	691	654	642	1,471	1,435	1,440	1,339	1,303	1,285	1,263
Total Current Liabilities	310	274	310	433	424	426	428	500	540	501
Short-Term Debt	3.35	3.25	4.81	19	49	79	44	40	25	25
Accounts Payable	180	149	181	257	237	186	208	259	302	267
Current Employee Benefit Liabilities	64	57	59	73	68	62	78	91	99	93
Other Current Liabilities	63	65	66	83	69	99	98	109	115	116
Total Noncurrent Liabilities	381	380	333	1,038	1,011	1,014	912	804	745	762
Long-Term Debt	318	325	287	945	909	855	785	649	597	572
Other Noncurrent Operating Liabilities	44	34	29	94	102	159	127	154	148	190
Total Equity & Noncontrolling Interests	741	658	745	815	897	844	933	1,149	1,458	1,689
Total Preferred & Common Equity	741	658	745	815	897	844	933	1,149	1,458	1,689
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	741	658	745	815	897	844	933	1,149	1,458	1,689
Common Stock	170	173	175	179	183	186	187	194	199	204
Retained Earnings	970	945	1,034	1,130	1,229	1,201	1,294	1,500	1,793	2,122
Treasury Stock	-338	-374	-381	-404	-415	-414	-456	-472	-478	-559
Accumulated Other Comprehensive Income / (Loss)	-60	-86	-82	-90	-100	-129	-93	-72	-55	-78

This table presents Applied Industrial Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Total Assets	2,384	2,474	2,523	2,609	2,751	2,783	2,855	3,003	3,045
Total Current Assets	1,295	1,390	1,422	1,507	1,644	1,682	1,768	1,810	1,615
Cash & Equivalents	188	148	166	182	360	413	457	539	303
Accounts Receivable	618	674	655	706	695	659	710	692	696
Inventories, net	425	490	523	527	508	520	504	498	518
Other Current Assets	64	79	79	92	81	90	97	82	97
Plant, Property, & Equipment, net	111	111	113	217	114	114	115	119	125
Total Noncurrent Assets	977	973	988	885	993	987	972	1,075	1,305
Goodwill	564	561	572	577	586	589	589	624	686
Intangible Assets	259	243	247	243	237	228	221	243	361
Other Noncurrent Operating Assets	155	169	169	64	169	170	162	208	258
Total Liabilities & Shareholders' Equity	2,384	2,474	2,523	2,609	2,751	2,783	2,855	3,003	3,045
Total Liabilities	1,285	1,253	1,227	1,228	1,214	1,175	1,186	1,251	1,251
Total Current Liabilities	464	451	447	481	467	449	468	478	429
Short-Term Debt	40	0.18	25	25	25	25	25	25	0.00
Accounts Payable	248	277	250	276	260	254	271	265	241
Current Employee Benefit Liabilities	82	61	74	81	62	73	75	70	75
Other Current Liabilities	95	113	98	99	119	97	97	119	113
Total Noncurrent Liabilities	821	801	780	747	748	726	718	773	822
Long-Term Debt	681	649	624	597	597	572	572	572	572
Other Noncurrent Operating Liabilities	140	152	156	150	151	154	146	201	249
Total Equity & Noncontrolling Interests	1,098	1,221	1,296	1,381	1,536	1,608	1,669	1,752	1,794
Total Preferred & Common Equity	1,098	1,221	1,296	1,381	1,536	1,608	1,669	1,752	1,794
Preferred Stock	0.00	0.00	0.00	0.00	2.50	2.50	0.00	2.50	0.00
Total Common Equity	1,098	1,221	1,296	1,381	1,536	1,608	1,669	1,752	1,794
Common Stock	193	193	195	196	196	199	201	201	204
Retained Earnings	1,447	1,577	1,644	1,728	1,886	1,964	2,047	2,214	2,293
Treasury Stock	-471	-475	-475	-477	-484	-495	-515	-577	-597
Accumulated Other Comprehensive Income / (Loss)	-71	-74	-67	-66	-62	-60	-64	-87	-106

This table displays calculated financial ratios and metrics derived from Applied Industrial Technologies' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.86%	-8.44%	2.95%	18.49%	13.00%	-6.54%	-0.30%	17.76%	15.80%	1.51%
EBITDA Growth	16.25%	-42.82%	66.44%	29.22%	6.73%	-47.94%	70.07%	55.86%	28.05%	5.49%
EBIT Growth	10.35%	-52.25%	100.03%	30.03%	2.83%	-60.89%	126.27%	71.46%	32.41%	6.26%
NOPAT Growth	8.70%	-72.26%	318.35%	11.07%	10.80%	-77.62%	333.65%	66.29%	30.58%	5.28%
Net Income Growth	2.36%	-74.39%	352.75%	5.76%	1.67%	-83.30%	502.10%	77.82%	34.70%	11.25%
EPS Growth	4.87%	-73.21%	353.33%	6.18%	1.94%	-83.15%	493.55%	78.80%	34.35%	11.20%
Operating Cash Flow Growth	42.59%	3.19%	1.61%	-10.52%	22.60%	64.29%	-18.54%	-22.39%	83.38%	7.97%
Free Cash Flow Firm Growth	127.69%	256.63%	33.97%	-572.31%	123.71%	83.32%	-37.26%	-26.08%	120.14%	4.44%
Invested Capital Growth	10.34%	-6.75%	0.64%	85.08%	1.29%	-13.62%	-0.37%	10.05%	4.97%	5.13%
Revenue Q/Q Growth	0.84%	-1.70%	1.86%	7.57%	-0.43%	-4.63%	5.57%	4.54%	2.24%	0.06%
EBITDA Q/Q Growth	1.49%	-2.97%	2.62%	11.45%	0.19%	-13.59%	13.65%	6.54%	3.98%	2.49%
EBIT Q/Q Growth	0.83%	-4.59%	3.54%	11.03%	0.48%	-20.83%	19.16%	7.60%	4.44%	2.77%
NOPAT Q/Q Growth	0.42%	-6.00%	24.24%	-4.95%	-0.87%	-22.40%	21.56%	8.05%	2.70%	1.78%
Net Income Q/Q Growth	-1.39%	-6.27%	25.13%	-8.17%	-0.39%	-28.99%	25.33%	8.36%	3.93%	3.01%
EPS Q/Q Growth	-1.06%	-1.32%	24.54%	-7.91%	0.00%	-27.91%	24.32%	8.22%	4.00%	3.04%
Operating Cash Flow Q/Q Growth	49.39%	-22.48%	10.32%	9.94%	2.27%	8.66%	-26.87%	8.98%	57.95%	-14.05%
Free Cash Flow Firm Q/Q Growth	113.55%	-28.92%	13.87%	5.66%	-3.54%	6.98%	-34.19%	16.86%	70.06%	-24.08%
Invested Capital Q/Q Growth	-7.28%	-4.06%	-2.93%	-4.14%	-3.88%	-6.20%	1.37%	1.38%	-4.63%	0.89%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.98%	28.08%	28.44%	28.76%	29.02%	28.89%	28.91%	29.05%	29.16%	29.84%
EBITDA Margin	8.22%	5.13%	8.30%	9.05%	8.55%	4.76%	8.12%	10.75%	11.89%	12.35%
Operating Margin	6.71%	3.56%	6.76%	7.35%	6.73%	2.74%	6.35%	9.39%	10.72%	11.07%
EBIT Margin	6.68%	3.48%	6.77%	7.43%	6.76%	2.83%	6.42%	9.34%	10.68%	11.18%
Profit (Net Income) Margin	4.20%	1.17%	5.16%	4.61%	4.15%	0.74%	4.47%	6.76%	7.86%	8.61%
Tax Burden Percent	65.66%	37.45%	80.20%	69.18%	74.04%	43.53%	81.76%	78.05%	77.09%	77.44%
Interest Burden Percent	95.72%	90.01%	95.13%	89.71%	82.87%	60.19%	85.27%	92.62%	95.41%	99.43%
Effective Tax Rate	34.34%	62.55%	19.80%	30.82%	25.96%	56.47%	18.25%	21.95%	22.91%	22.56%
Return on Invested Capital (ROIC)	12.81%	3.50%	15.14%	11.76%	9.97%	2.38%	11.15%	17.69%	21.51%	21.56%
ROIC Less NNEP Spread (ROIC-NNEP)	9.54%	1.95%	12.17%	9.10%	6.66%	0.44%	7.40%	13.62%	16.92%	22.42%
Return on Net Nonoperating Assets (RNNOA)	2.17%	0.72%	3.94%	6.39%	6.85%	0.38%	5.15%	7.04%	5.08%	2.95%
Return on Equity (ROE)	14.98%	4.23%	19.09%	18.15%	16.82%	2.76%	16.30%	24.73%	26.59%	24.51%
Cash Return on Invested Capital (CROIC)	2.98%	10.49%	14.51%	-47.92%	8.70%	17.00%	11.53%	8.13%	16.66%	16.56%
Operating Return on Assets (OROA)	13.28%	6.39%	13.00%	12.42%	10.16%	3.98%	9.12%	15.07%	18.15%	17.59%
Return on Assets (ROA)	8.35%	2.16%	9.92%	7.71%	6.24%	1.04%	6.36%	10.90%	13.35%	13.55%
Return on Common Equity (ROCE)	14.98%	4.23%	19.09%	18.15%	16.82%	2.76%	16.30%	24.73%	26.59%	24.51%
Return on Equity Simple (ROE_SIMPLE)	15.58%	4.50%	17.97%	17.38%	16.05%	2.85%	15.52%	22.40%	23.77%	22.84%
Net Operating Profit after Tax (NOPAT)	121	34	141	156	173	39	168	279	365	384
NOPAT Margin	4.41%	1.33%	5.42%	5.08%	4.98%	1.19%	5.19%	7.33%	8.27%	8.57%
Net Nonoperating Expense Percent (NNEP)	3.27%	1.56%	2.97%	2.66%	3.31%	1.94%	3.76%	4.07%	4.60%	-0.86%
Cost of Revenue to Revenue	72.02%	71.92%	71.56%	71.24%	70.98%	71.11%	71.09%	70.95%	70.84%	70.16%
SG&A Expenses to Revenue	21.27%	21.94%	21.68%	21.42%	21.37%	22.11%	21.03%	19.66%	18.44%	18.77%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.27%	24.52%	21.68%	21.42%	22.28%	26.15%	22.56%	19.66%	18.44%	18.77%
Earnings before Interest and Taxes (EBIT)	184	88	176	228	235	92	208	356	471	501
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	226	129	215	278	297	155	263	410	525	553
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.84	2.35	2.77	3.04	2.47	2.73	3.67	3.16	3.81	4.43
Price to Tangible Book Value (P/TBV)	4.72	5.86	5.50	0.00	0.00	0.00	36.90	10.81	8.62	9.08
Price to Revenue (P/Rev)	0.49	0.61	0.80	0.81	0.64	0.71	1.06	0.95	1.26	1.67
Price to Earnings (P/E)	11.79	52.31	15.43	17.50	15.36	95.62	23.66	14.09	16.02	19.38
Dividend Yield	3.07%	2.77%	2.15%	1.84%	2.13%	2.12%	1.47%	1.42%	0.96%	0.56%
Earnings Yield	8.48%	1.91%	6.48%	5.71%	6.51%	1.05%	4.23%	7.09%	6.24%	5.16%
Enterprise Value to Invested Capital (EV/IC)	1.62	1.96	2.42	1.96	1.75	1.96	2.66	2.50	3.36	4.17
Enterprise Value to Revenue (EV/Rev)	0.59	0.72	0.87	1.10	0.88	0.91	1.23	1.08	1.32	1.70
Enterprise Value to EBITDA (EV/EBITDA)	7.13	14.04	10.47	12.19	10.31	19.18	15.21	10.09	11.12	13.76
Enterprise Value to EBIT (EV/EBIT)	8.78	20.69	12.83	14.85	13.05	32.30	19.24	11.61	12.37	15.19
Enterprise Value to NOPAT (EV/NOPAT)	13.30	53.99	16.01	21.69	17.69	76.53	23.79	14.80	15.99	19.82
Enterprise Value to Operating Cash Flow (EV/OCF)	10.27	11.20	13.68	23.00	16.95	9.99	16.53	22.03	16.95	20.50
Enterprise Value to Free Cash Flow (EV/FCFF)	57.18	18.05	16.71	0.00	20.29	10.71	23.02	32.21	20.65	25.80
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.43	0.50	0.39	1.18	1.07	1.11	0.89	0.60	0.43	0.35
Long-Term Debt to Equity	0.43	0.49	0.38	1.16	1.01	1.01	0.84	0.56	0.41	0.34
Financial Leverage	0.23	0.37	0.32	0.70	1.03	0.87	0.70	0.52	0.30	0.13
Leverage Ratio	1.79	1.96	1.92	2.35	2.70	2.65	2.56	2.27	1.99	1.81
Compound Leverage Factor	1.72	1.77	1.83	2.11	2.24	1.60	2.19	2.10	1.90	1.80
Debt to Total Capital	30.22%	33.26%	28.12%	54.18%	51.64%	52.54%	47.04%	37.49%	29.90%	26.13%
Short-Term Debt to Total Capital	0.32%	0.33%	0.46%	1.08%	2.64%	4.42%	2.47%	2.18%	1.21%	1.10%
Long-Term Debt to Total Capital	29.90%	32.93%	27.66%	53.10%	49.00%	48.11%	44.57%	35.31%	28.69%	25.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	69.78%	66.74%	71.88%	45.82%	48.36%	47.46%	52.96%	62.51%	70.10%	73.87%
Debt to EBITDA	1.42	2.54	1.36	3.47	3.23	6.04	3.15	1.68	1.19	1.08
Net Debt to EBITDA	1.11	2.07	0.87	3.27	2.86	4.31	2.17	1.23	0.53	0.25
Long-Term Debt to EBITDA	1.40	2.51	1.33	3.40	3.06	5.53	2.99	1.58	1.14	1.03
Debt to NOPAT	2.65	9.75	2.07	6.17	5.53	24.11	4.93	2.47	1.71	1.56
Net Debt to NOPAT	2.07	7.97	1.33	5.82	4.91	17.17	3.40	1.81	0.76	0.36
Long-Term Debt to NOPAT	2.62	9.65	2.04	6.05	5.25	22.08	4.67	2.32	1.64	1.49
Altman Z-Score	4.92	5.03	5.75	3.71	3.86	3.63	4.46	4.98	6.17	7.15
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.73	2.85	2.85	2.45	2.71	2.72	2.80	2.72	3.05	3.53
Quick Ratio	1.44	1.49	1.60	1.39	1.53	1.69	1.81	1.68	1.95	2.37
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	28	101	135	-637	151	277	174	128	282	295
Operating Cash Flow to CapEx	1,207.65%	1,293.32%	1,165.77%	661.98%	1,005.18%	1,633.26%	1,644.20%	1,102.25%	1,373.23%	1,529.12%
Free Cash Flow to Firm to Interest Expense	3.47	11.17	15.26	-26.37	3.70	7.42	5.63	4.79	11.39	14.36
Operating Cash Flow to Interest Expense	19.33	17.99	18.64	6.10	4.43	7.96	7.85	7.00	13.88	18.08
Operating Cash Flow Less CapEx to Interest Expense	17.73	16.60	17.04	5.18	3.99	7.48	7.37	6.37	12.86	16.90
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.99	1.84	1.92	1.67	1.50	1.41	1.42	1.61	1.70	1.57
Accounts Receivable Turnover	7.32	6.96	7.02	6.54	6.37	6.55	6.70	6.50	6.47	6.25
Inventory Turnover	5.68	5.17	5.43	5.71	5.67	5.52	6.12	6.66	6.57	6.35
Fixed Asset Turnover	26.45	23.74	24.03	26.79	28.27	26.37	27.25	33.50	38.89	38.36
Accounts Payable Turnover	11.25	11.04	11.28	10.01	9.98	10.90	11.66	11.56	11.14	11.05
Days Sales Outstanding (DSO)	49.88	52.46	51.98	55.80	57.27	55.72	54.50	56.17	56.45	58.39
Days Inventory Outstanding (DIO)	64.29	70.57	67.19	63.96	64.38	66.16	59.64	54.83	55.52	57.46
Days Payable Outstanding (DPO)	32.44	33.07	32.37	36.47	36.59	33.49	31.29	31.56	32.76	33.02
Cash Conversion Cycle (CCC)	81.74	89.95	86.81	83.29	85.06	88.39	82.84	79.43	79.21	82.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	993	926	932	1,725	1,747	1,509	1,503	1,654	1,736	1,825
Invested Capital Turnover	2.91	2.63	2.79	2.31	2.00	1.99	2.15	2.41	2.60	2.52
Increase / (Decrease) in Invested Capital	93	-67	5.90	793	22	-238	-5.60	151	82	89
Enterprise Value (EV)	1,613	1,815	2,252	3,388	3,061	2,964	3,996	4,133	5,831	7,612
Market Capitalization	1,361	1,547	2,066	2,479	2,212	2,299	3,425	3,628	5,553	7,475
Book Value per Share	$18.46	$16.86	$19.09	$21.06	$23.24	$21.79	$24.00	$29.90	$37.73	$43.75
Tangible Book Value per Share	$7.17	$6.76	$9.62	($6.92)	($3.47)	($1.04)	$2.39	$8.73	$16.67	$21.33
Total Capital	1,062	986	1,037	1,779	1,855	1,777	1,761	1,839	2,081	2,286
Total Debt	321	328	292	964	958	934	828	689	622	597
Total Long-Term Debt	318	325	287	945	909	855	785	649	597	572
Net Debt	252	268	187	910	850	665	571	505	278	137
Capital Expenditures (CapEx)	13	13	14	22	18	18	15	17	25	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	470	451	473	591	665	544	555	716	788	833
Debt-free Net Working Capital (DFNWC)	539	510	578	645	773	812	812	900	1,132	1,294
Net Working Capital (NWC)	536	507	573	625	724	734	769	860	1,106	1,269
Net Nonoperating Expense (NNE)	5.74	4.05	6.75	15	29	15	23	22	18	-1.79
Net Nonoperating Obligations (NNO)	252	268	187	910	850	665	571	505	278	137
Total Depreciation and Amortization (D&A)	42	42	40	50	62	63	55	54	53	52
Debt-free, Cash-free Net Working Capital to Revenue	17.07%	17.89%	18.22%	19.21%	19.15%	16.75%	17.14%	18.78%	17.85%	18.60%
Debt-free Net Working Capital to Revenue	19.60%	20.26%	22.27%	20.98%	22.27%	25.03%	25.11%	23.62%	25.64%	28.88%
Net Working Capital to Revenue	19.48%	20.13%	22.08%	20.35%	20.86%	22.61%	23.76%	22.57%	25.07%	28.33%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.82	$0.75	$3.43	$3.65	$3.72	$0.62	$3.73	$6.69	$8.98	$9.98
Adjusted Weighted Average Basic Shares Outstanding	39.68M	39.06M	39.05M	38.72M	38.60M	38.71M	38.52M	38.49M	38.66M	38.36M
Adjusted Diluted Earnings per Share	$2.80	$0.75	$3.40	$3.61	$3.68	$0.62	$3.68	$6.58	$8.84	$9.83
Adjusted Weighted Average Diluted Shares Outstanding	39.68M	39.06M	39.05M	38.72M	38.60M	38.71M	38.52M	38.49M	38.66M	38.36M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	39.68M	39.06M	39.05M	38.72M	38.60M	38.71M	38.52M	38.49M	38.66M	38.36M
Normalized Net Operating Profit after Tax (NOPAT)	121	108	141	156	196	154	208	279	365	384
Normalized NOPAT Margin	4.41%	4.29%	5.42%	5.08%	5.66%	4.74%	6.44%	7.33%	8.27%	8.57%
Pre Tax Income Margin	6.39%	3.13%	6.44%	6.66%	5.60%	1.70%	5.47%	8.65%	10.19%	11.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	22.63	9.74	19.87	9.45	5.75	2.46	6.74	13.29	19.02	24.38
NOPAT to Interest Expense	14.93	3.73	15.93	6.47	4.24	1.04	5.45	10.43	14.71	18.69
EBIT Less CapEx to Interest Expense	21.02	8.35	18.27	8.53	5.31	1.98	6.26	12.66	18.01	23.20
NOPAT Less CapEx to Interest Expense	13.33	2.34	14.33	5.55	3.80	0.55	4.98	9.79	13.70	17.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.94%	146.50%	33.32%	32.38%	32.83%	203.28%	35.00%	20.13%	15.41%	14.49%
Augmented Payout Ratio	103.20%	273.17%	39.48%	48.46%	40.57%	203.28%	62.69%	25.48%	15.62%	33.51%

This table displays calculated financial ratios and metrics derived from Applied Industrial Technologies' official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.48%	19.15%	20.92%	15.44%	9.10%	3.09%	1.59%	1.27%	0.22%	0.34%	-0.39%
EBITDA Growth	26.50%	34.18%	35.58%	29.16%	16.73%	12.34%	4.24%	-3.28%	9.59%	-3.29%	3.28%
EBIT Growth	30.84%	40.84%	41.86%	33.22%	18.77%	13.95%	4.80%	-3.25%	10.67%	-3.99%	3.49%
NOPAT Growth	31.96%	41.31%	38.53%	37.93%	11.21%	15.13%	5.49%	-4.77%	7.22%	-5.73%	1.74%
Net Income Growth	33.54%	45.14%	41.09%	42.28%	16.56%	22.04%	13.39%	0.03%	12.23%	-1.88%	2.26%
EPS Growth	33.11%	44.85%	40.41%	41.14%	16.92%	21.32%	13.17%	0.40%	12.34%	-1.26%	3.02%
Operating Cash Flow Growth	40.38%	-46.67%	92.75%	43.08%	234.79%	155.21%	61.83%	11.95%	-33.74%	92.95%	-6.51%
Free Cash Flow Firm Growth	-192.32%	-2,454.55%	-45.07%	-16.65%	120.15%	122.27%	173.73%	221.70%	1.36%	272.13%	-328.95%
Invested Capital Growth	10.05%	11.32%	12.04%	11.59%	4.97%	4.33%	0.71%	-0.62%	5.13%	0.73%	15.08%
Revenue Q/Q Growth	8.24%	0.09%	-0.20%	6.77%	2.30%	-5.43%	-1.65%	6.43%	1.25%	-5.32%	-2.36%
EBITDA Q/Q Growth	10.43%	-1.03%	5.72%	11.78%	-0.19%	-4.76%	-1.90%	3.71%	13.09%	-15.95%	4.76%
EBIT Q/Q Growth	11.88%	-1.11%	6.26%	13.30%	-0.25%	-5.12%	-2.27%	4.61%	14.10%	-17.69%	5.35%
NOPAT Q/Q Growth	17.35%	-3.64%	3.67%	17.66%	-5.39%	-0.24%	-5.01%	6.22%	6.52%	-12.28%	2.50%
Net Income Q/Q Growth	15.82%	-2.82%	4.65%	20.79%	-5.12%	1.75%	-2.77%	6.56%	6.45%	-11.04%	1.33%
EPS Q/Q Growth	14.86%	-1.99%	4.06%	20.49%	-4.86%	1.70%	-2.93%	6.90%	6.45%	-10.61%	1.27%
Operating Cash Flow Q/Q Growth	2.26%	-51.73%	142.38%	19.60%	139.27%	-63.20%	53.69%	-17.26%	41.62%	7.14%	-25.53%
Free Cash Flow Firm Q/Q Growth	13.75%	-41.84%	-14.12%	16.45%	114.90%	56.76%	277.77%	37.92%	-87.59%	475.51%	-332.42%
Invested Capital Q/Q Growth	1.38%	4.17%	3.27%	2.31%	-4.63%	3.53%	-0.31%	0.96%	0.89%	-0.80%	13.89%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.89%	28.88%	29.10%	29.43%	29.23%	29.68%	29.44%	29.51%	30.69%	29.58%	30.57%
EBITDA Margin	11.30%	11.17%	11.84%	12.39%	12.09%	12.18%	12.15%	11.84%	13.22%	11.74%	12.59%
Operating Margin	10.29%	10.03%	10.65%	11.21%	10.95%	11.02%	10.64%	10.57%	12.01%	10.30%	11.26%
EBIT Margin	10.05%	9.93%	10.58%	11.22%	10.94%	10.98%	10.91%	10.72%	12.08%	10.51%	11.34%
Profit (Net Income) Margin	7.45%	7.24%	7.59%	8.59%	7.96%	8.57%	8.47%	8.48%	8.92%	8.38%	8.69%
Tax Burden Percent	78.57%	77.62%	75.94%	79.48%	75.25%	78.89%	78.92%	79.25%	73.43%	79.31%	76.12%
Interest Burden Percent	94.36%	93.86%	94.48%	96.24%	96.69%	98.90%	98.37%	99.78%	100.48%	100.54%	100.77%
Effective Tax Rate	21.43%	22.38%	24.06%	20.52%	24.75%	21.11%	21.08%	20.75%	26.57%	20.69%	23.88%
Return on Invested Capital (ROIC)	19.52%	18.95%	20.00%	22.28%	21.45%	21.95%	20.98%	20.67%	22.17%	20.29%	19.93%
ROIC Less NNEP Spread (ROIC-NNEP)	18.27%	17.86%	18.99%	21.52%	20.63%	21.59%	21.22%	21.07%	22.74%	21.73%	20.50%
Return on Net Nonoperating Assets (RNNOA)	9.44%	8.72%	8.61%	8.45%	6.19%	5.98%	4.88%	4.01%	3.00%	2.12%	2.73%
Return on Equity (ROE)	28.95%	27.67%	28.61%	30.73%	27.64%	27.93%	25.86%	24.68%	25.17%	22.41%	22.66%
Cash Return on Invested Capital (CROIC)	8.13%	7.85%	8.08%	9.62%	16.66%	17.20%	20.68%	21.41%	16.56%	20.26%	5.71%
Operating Return on Assets (OROA)	16.22%	16.56%	18.55%	19.41%	18.59%	18.68%	18.35%	17.57%	19.01%	16.37%	17.42%
Return on Assets (ROA)	12.02%	12.06%	13.31%	14.85%	13.53%	14.58%	14.25%	13.90%	14.03%	13.05%	13.37%
Return on Common Equity (ROCE)	28.95%	27.67%	28.61%	30.73%	27.64%	27.93%	25.86%	24.68%	25.17%	22.41%	22.66%
Return on Equity Simple (ROE_SIMPLE)	0.00%	23.03%	23.52%	24.17%	0.00%	23.68%	23.29%	22.44%	0.00%	21.92%	21.53%
Net Operating Profit after Tax (NOPAT)	86	83	86	101	95	95	90	96	102	90	92
NOPAT Margin	8.08%	7.78%	8.09%	8.91%	8.24%	8.69%	8.40%	8.38%	8.82%	8.17%	8.57%
Net Nonoperating Expense Percent (NNEP)	1.25%	1.08%	1.00%	0.76%	0.82%	0.36%	-0.24%	-0.40%	-0.56%	-1.44%	-0.57%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	4.10%	-	-	-	3.89%
Cost of Revenue to Revenue	71.11%	71.12%	70.90%	70.57%	70.77%	70.32%	70.56%	70.49%	69.31%	70.42%	69.43%
SG&A Expenses to Revenue	18.60%	18.85%	18.45%	18.22%	18.28%	18.66%	18.80%	18.93%	18.69%	19.28%	19.31%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.60%	18.85%	18.45%	18.22%	18.28%	18.66%	18.80%	18.93%	18.69%	19.28%	19.31%
Earnings before Interest and Taxes (EBIT)	107	106	112	127	127	120	118	123	140	115	122
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	120	119	126	140	140	133	131	136	153	129	135
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.16	3.18	3.70	3.93	3.81	3.87	4.13	4.56	4.43	4.89	5.13
Price to Tangible Book Value (P/TBV)	10.81	9.32	10.06	9.69	8.62	8.34	8.40	8.85	9.08	9.67	12.33
Price to Revenue (P/Rev)	0.95	0.98	1.15	1.26	1.26	1.34	1.49	1.70	1.67	1.91	2.06
Price to Earnings (P/E)	14.09	13.82	15.74	16.27	16.02	16.34	17.75	20.32	19.38	22.29	23.85
Dividend Yield	1.42%	1.33%	1.09%	0.97%	0.96%	0.90%	0.81%	0.54%	0.56%	0.50%	0.62%
Earnings Yield	7.09%	7.23%	6.35%	6.15%	6.24%	6.12%	5.63%	4.92%	5.16%	4.49%	4.19%
Enterprise Value to Invested Capital (EV/IC)	2.50	2.55	2.97	3.22	3.36	3.45	3.81	4.28	4.17	4.76	4.59
Enterprise Value to Revenue (EV/Rev)	1.08	1.10	1.27	1.36	1.32	1.40	1.53	1.73	1.70	1.92	2.12
Enterprise Value to EBITDA (EV/EBITDA)	10.09	9.98	11.17	11.63	11.12	11.51	12.55	14.36	13.76	15.70	17.13
Enterprise Value to EBIT (EV/EBIT)	11.61	11.36	12.58	13.00	12.37	12.77	13.90	15.90	15.19	17.37	18.94
Enterprise Value to NOPAT (EV/NOPAT)	14.80	14.47	16.13	16.52	15.99	16.45	17.89	20.54	19.82	22.77	24.92
Enterprise Value to Operating Cash Flow (EV/OCF)	22.03	26.63	27.06	26.94	16.95	16.15	16.15	17.94	20.50	19.91	22.23
Enterprise Value to Free Cash Flow (EV/FCFF)	32.21	34.22	38.81	35.33	20.65	20.50	18.50	19.95	25.80	23.58	86.15
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.60	0.53	0.50	0.45	0.43	0.41	0.37	0.36	0.35	0.34	0.32
Long-Term Debt to Equity	0.56	0.53	0.48	0.43	0.41	0.39	0.36	0.34	0.34	0.33	0.32
Financial Leverage	0.52	0.49	0.45	0.39	0.30	0.28	0.23	0.19	0.13	0.10	0.13
Leverage Ratio	2.27	2.17	2.05	2.01	1.99	1.89	1.83	1.79	1.81	1.75	1.71
Compound Leverage Factor	2.14	2.04	1.94	1.94	1.93	1.87	1.80	1.79	1.82	1.76	1.73
Debt to Total Capital	37.49%	34.71%	33.38%	31.07%	29.90%	28.82%	27.07%	26.34%	26.13%	25.42%	24.19%
Short-Term Debt to Total Capital	2.18%	0.01%	1.30%	1.26%	1.21%	1.17%	1.14%	1.11%	1.10%	1.06%	0.00%
Long-Term Debt to Total Capital	35.31%	34.70%	32.08%	29.81%	28.69%	27.66%	25.93%	25.24%	25.03%	24.36%	24.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	0.11%	0.00%	0.00%	0.11%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.51%	65.29%	66.62%	68.93%	70.10%	71.18%	72.93%	73.66%	73.87%	74.58%	75.81%
Debt to EBITDA	1.68	1.48	1.37	1.23	1.19	1.15	1.10	1.11	1.08	1.09	1.03
Net Debt to EBITDA	1.23	1.14	1.02	0.87	0.53	0.49	0.34	0.26	0.25	0.11	0.49
Long-Term Debt to EBITDA	1.58	1.48	1.32	1.18	1.14	1.11	1.05	1.06	1.03	1.04	1.03
Debt to NOPAT	2.47	2.14	1.98	1.75	1.71	1.65	1.56	1.58	1.56	1.58	1.51
Net Debt to NOPAT	1.81	1.65	1.48	1.24	0.76	0.69	0.48	0.37	0.36	0.16	0.71
Long-Term Debt to NOPAT	2.32	2.14	1.91	1.68	1.64	1.58	1.50	1.52	1.49	1.51	1.51
Altman Z-Score	4.64	4.96	5.52	5.87	5.75	6.17	6.66	7.11	6.75	7.29	7.54
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.72	3.08	3.18	3.14	3.05	3.52	3.75	3.77	3.53	3.78	3.76
Quick Ratio	1.68	1.82	1.83	1.85	1.95	2.26	2.39	2.49	2.37	2.57	2.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-65	-92	-106	-88	13	21	78	107	13	77	-178
Operating Cash Flow to CapEx	920.80%	471.86%	874.43%	952.67%	4,029.99%	1,570.05%	1,966.34%	1,130.40%	1,600.89%	2,707.65%	1,863.24%
Free Cash Flow to Firm to Interest Expense	-9.98	-14.27	-17.07	-18.48	1.79	15.61	40.60	405.04	0.78	0.00	0.00
Operating Cash Flow to Interest Expense	8.22	4.00	10.17	15.76	24.47	50.16	53.08	317.71	7.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	7.33	3.16	9.00	14.10	23.87	46.96	50.38	289.60	6.56	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.61	1.67	1.75	1.73	1.70	1.70	1.68	1.64	1.57	1.56	1.54
Accounts Receivable Turnover	6.50	6.61	7.09	6.52	6.47	6.49	6.79	6.32	6.25	6.47	6.61
Inventory Turnover	6.66	6.50	6.41	6.43	6.57	6.29	6.04	6.13	6.35	6.26	6.03
Fixed Asset Turnover	33.50	35.49	26.37	26.28	38.89	39.65	39.40	26.91	38.36	38.52	37.47
Accounts Payable Turnover	11.56	11.56	13.02	11.69	11.14	11.70	12.49	11.54	11.05	11.99	12.66
Days Sales Outstanding (DSO)	56.17	55.23	51.47	55.97	56.45	56.20	53.73	57.72	58.39	56.44	55.23
Days Inventory Outstanding (DIO)	54.83	56.12	56.98	56.78	55.52	57.98	60.46	59.58	57.46	58.30	60.51
Days Payable Outstanding (DPO)	31.56	31.56	28.03	31.22	32.76	31.21	29.22	31.62	33.02	30.45	28.83
Cash Conversion Cycle (CCC)	79.43	79.79	80.42	81.53	79.21	82.98	84.97	85.67	82.83	84.30	86.91
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,654	1,723	1,780	1,821	1,736	1,798	1,792	1,809	1,825	1,811	2,062
Invested Capital Turnover	2.41	2.43	2.47	2.50	2.60	2.53	2.50	2.47	2.52	2.48	2.32
Increase / (Decrease) in Invested Capital	151	175	191	189	82	75	13	-11	89	13	270
Enterprise Value (EV)	4,133	4,390	5,281	5,867	5,831	6,206	6,832	7,751	7,612	8,620	9,476
Market Capitalization	3,628	3,889	4,797	5,427	5,553	5,942	6,646	7,610	7,475	8,559	9,207
Book Value per Share	$29.90	$31.70	$33.60	$35.77	$37.73	$39.74	$41.49	$43.16	$43.75	$45.68	$46.65
Tangible Book Value per Share	$8.73	$10.83	$12.36	$14.52	$16.67	$18.43	$20.40	$22.23	$21.33	$23.07	$19.42
Total Capital	1,839	1,871	1,945	2,003	2,081	2,158	2,205	2,266	2,286	2,349	2,366
Total Debt	689	649	649	622	622	622	597	597	597	597	572
Total Long-Term Debt	649	649	624	597	597	597	572	572	572	572	572
Net Debt	505	502	484	440	278	262	184	140	137	59	269
Capital Expenditures (CapEx)	5.84	5.50	7.19	7.89	4.47	4.22	5.18	7.45	7.45	4.72	5.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	716	792	835	869	788	842	845	868	833	818	882
Debt-free Net Working Capital (DFNWC)	900	939	1,000	1,051	1,132	1,203	1,258	1,324	1,294	1,356	1,185
Net Working Capital (NWC)	860	939	975	1,026	1,106	1,178	1,233	1,299	1,269	1,331	1,185
Net Nonoperating Expense (NNE)	6.70	5.81	5.27	3.68	3.22	1.38	-0.79	-1.16	-1.17	-2.31	-1.29
Net Nonoperating Obligations (NNO)	505	502	484	440	278	262	184	140	137	59	269
Total Depreciation and Amortization (D&A)	13	13	13	13	13	13	13	13	13	14	13
Debt-free, Cash-free Net Working Capital to Revenue	18.78%	19.89%	20.04%	20.14%	17.85%	18.95%	18.94%	19.39%	18.60%	18.24%	19.69%
Debt-free Net Working Capital to Revenue	23.62%	23.60%	24.02%	24.36%	25.64%	27.06%	28.19%	29.58%	28.88%	30.25%	26.46%
Net Working Capital to Revenue	22.57%	23.59%	23.41%	23.77%	25.07%	26.49%	27.63%	29.02%	28.33%	29.69%	26.46%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.05	$2.00	$2.09	$2.52	$2.37	$2.42	$2.35	$2.51	$2.70	$2.40	$2.43
Adjusted Weighted Average Basic Shares Outstanding	38.49M	38.53M	38.58M	38.62M	38.66M	38.70M	38.74M	38.68M	38.36M	38.40M	38.43M
Adjusted Diluted Earnings per Share	$2.01	$1.97	$2.05	$2.47	$2.35	$2.39	$2.32	$2.48	$2.64	$2.36	$2.39
Adjusted Weighted Average Diluted Shares Outstanding	38.49M	39.11M	39.21M	39.27M	38.66M	39.31M	39.30M	39.25M	38.36M	38.94M	38.96M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	38.49M	38.57M	38.60M	38.65M	38.66M	38.76M	38.67M	38.60M	38.36M	38.45M	38.38M
Normalized Net Operating Profit after Tax (NOPAT)	86	83	86	101	95	95	90	96	102	90	92
Normalized NOPAT Margin	8.08%	7.78%	8.09%	8.91%	8.24%	8.69%	8.40%	8.38%	8.82%	8.17%	8.57%
Pre Tax Income Margin	9.49%	9.32%	9.99%	10.80%	10.58%	10.86%	10.73%	10.70%	12.14%	10.56%	11.42%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.33	16.28	18.13	26.62	17.24	91.10	61.30	463.89	8.23	0.00	0.00
NOPAT to Interest Expense	13.13	12.76	13.86	21.13	12.98	72.13	47.17	362.49	6.00	0.00	0.00
EBIT Less CapEx to Interest Expense	15.43	15.44	16.97	24.97	16.63	87.90	58.60	435.78	7.79	0.00	0.00
NOPAT Less CapEx to Interest Expense	12.24	11.91	12.70	19.48	12.37	68.93	44.47	334.39	5.57	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	20.13%	18.55%	17.26%	15.89%	15.41%	14.82%	14.51%	14.72%	14.49%	14.73%	14.81%
Augmented Payout Ratio	25.48%	21.38%	18.72%	16.16%	15.62%	14.82%	17.36%	22.44%	33.51%	36.44%	38.85%

Frequently Asked Questions About Applied Industrial Technologies' Financials

When does Applied Industrial Technologies's fiscal year end?

According to the most recent income statement we have on file, Applied Industrial Technologies' financial year ends in June. Their financial year 2024 ended on June 30, 2024.

How has Applied Industrial Technologies' net income changed over the last 9 years?

Applied Industrial Technologies' net income appears to be on an upward trend, with a most recent value of $385.76 million in 2024, rising from $115.48 million in 2015. The previous period was $346.74 million in 2023.

What is Applied Industrial Technologies's operating income?

Applied Industrial Technologies's total operating income in 2024 was $495.82 million, based on the following breakdown:

Total Gross Profit: $1.34 billion
Total Operating Expenses: $840.83 million

How has Applied Industrial Technologies revenue changed over the last 9 years?

Over the last 9 years, Applied Industrial Technologies' total revenue changed from $2.75 billion in 2015 to $4.48 billion in 2024, a change of 62.8%.

How much debt does Applied Industrial Technologies have?

Applied Industrial Technologies' total liabilities were at $1.26 billion at the end of 2024, a 1.7% decrease from 2023, and a 82.7% increase since 2015.

How much cash does Applied Industrial Technologies have?

In the past 9 years, Applied Industrial Technologies' cash and equivalents has ranged from $54.15 million in 2018 to $460.62 million in 2024, and is currently $460.62 million as of their latest financial filing in 2024.

How has Applied Industrial Technologies' book value per share changed over the last 9 years?

Over the last 9 years, Applied Industrial Technologies' book value per share changed from 18.46 in 2015 to 43.75 in 2024, a change of 137.0%.

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This page (NYSE:AIT) was last updated on 4/15/2025 by MarketBeat.com Staff

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Applied Industrial Technologies (AIT) Financials

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Applied Industrial Technologies (AIT) Financials

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