Applied Industrial Technologies Inc (AIT)

Name: Applied Industrial Technologies Inc Financial Statements
Creator: Quarter Results

Industrials | Industrial Distribution

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$1.2B

Net Income

$95.3M

Operating Margin

12.0%

Free Cash Flow

$465M

Debt / Assets

41.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Applied Industrial Technologies Inc (AIT).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-03-31	2024-12-31
Revenue	1,163,023,000	1,199,523,000	1,166,749,000	1,073,001,000
Cost of Revenue	826,405,000	838,094,000	811,459,000	744,951,000
Gross Profit	336,618,000	361,429,000	355,290,000	328,050,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	196,809,000	232,399,000	225,925,000	207,180,000
Operating Expenses	196,809,000	232,399,000	225,888,000	207,180,000
Operating Income	139,809,000	129,030,000	129,402,000	120,870,000
Interest Expense	4,361,000	993,000	0	0
Income Before Tax	122,772,000	128,585,000	127,282,000	122,561,000
Income Tax Expense	27,423,000	27,778,000	27,483,000	29,271,000
Net Income	95,349,000	100,807,000	99,799,000	93,290,000
Per Share
EPS	2.54	2.67	2.60	2.43
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Applied Industrial Technologies Inc (AIT).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	4,563,424,000	4,479,406,000	4,412,794,000	3,810,676,000	3,235,919,000
Cost of Revenue	3,180,265,000	3,142,753,000	3,125,829,000	2,703,760,000	2,300,395,000
Gross Profit	1,383,159,000	1,336,653,000	1,286,965,000	1,106,916,000	935,524,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	884,630,000	840,830,000	813,814,000	749,058,000	680,246,000
Operating Expenses	884,630,000	840,830,000	813,814,000	749,058,000	680,246,000
Operating Income	498,529,000	495,823,000	473,151,000	357,858,000	205,454,000
Interest Expense	34,338,000	20,544,000	24,790,000	26,785,000	30,807,000
Income Before Tax	500,967,000	498,130,000	449,811,000	329,790,000	177,062,000
Income Tax Expense	107,979,000	112,368,000	103,072,000	72,376,000	32,305,000
Net Income	392,988,000	385,762,000	346,739,000	257,414,000	144,757,000
Per Share
EPS	10.26	9.98	8.98	6.69	3.73
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Applied Industrial Technologies Inc (AIT).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	388,417,000	460,617,000	344,036,000	184,474,000
Short Term Investments	0	0	0	0
Net Receivables	769,699,000	737,526,000	708,395,000	656,429,000
Inventory	505,337,000	488,258,000	501,184,000	449,821,000
Total Current Assets	1,747,473,000	1,769,901,000	1,646,807,000	1,359,529,000
Property Plant Equipment	316,808,000	251,816,000	215,718,000	219,948,000
Goodwill and Intangibles	1,047,974,000	865,265,000	813,967,000	813,795,000
Total Assets	3,175,544,000	2,951,910,000	2,743,332,000	2,452,588,000
Liabilities
Account Payables	280,124,000	266,949,000	301,685,000	259,463,000
Short Term Debt	0	58,521,000	25,170,000	40,174,000
Total Current Liabilities	526,151,000	501,100,000	540,344,000	499,627,000
Long Term Debt	572,300,000	676,422,000	596,926,000	649,150,000
Total Liabilities	1,331,024,000	1,263,129,000	1,284,895,000	1,303,233,000
Shareholders Equity
Retained Earnings	2,447,931,000	2,121,838,000	1,792,632,000	1,499,676,000
Total Shareholders Equity	1,844,520,000	1,688,781,000	1,458,437,000	1,149,355,000

Balance sheet annual history for Applied Industrial Technologies Inc (AIT).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	388,417,000	460,617,000	344,036,000	184,474,000	257,745,000
Short Term Investments	0	0	0	0	0
Net Receivables	769,699,000	737,526,000	708,395,000	656,429,000	516,322,000
Inventory	505,337,000	488,258,000	501,184,000	449,821,000	362,547,000
Total Current Assets	1,747,473,000	1,769,901,000	1,646,807,000	1,359,529,000	1,196,575,000
Property Plant Equipment	316,808,000	251,816,000	215,718,000	219,948,000	202,700,000
Goodwill and Intangibles	1,047,974,000	865,265,000	813,967,000	813,795,000	839,705,000
Total Assets	3,175,544,000	2,951,910,000	2,743,332,000	2,452,588,000	2,271,807,000
Liabilities
Account Payables	280,124,000	266,949,000	301,685,000	259,463,000	208,162,000
Short Term Debt	0	58,521,000	25,170,000	40,174,000	43,525,000
Total Current Liabilities	526,151,000	501,100,000	540,344,000	499,627,000	427,700,000
Long Term Debt	572,300,000	676,422,000	596,926,000	649,150,000	784,855,000
Total Liabilities	1,331,024,000	1,263,129,000	1,284,895,000	1,303,233,000	1,339,261,000
Shareholders Equity
Retained Earnings	2,447,931,000	2,121,838,000	1,792,632,000	1,499,676,000	1,294,413,000
Total Shareholders Equity	1,844,520,000	1,688,781,000	1,458,437,000	1,149,355,000	932,546,000

Cash flow quarterly history for Applied Industrial Technologies Inc (AIT).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	392,988,000	385,762,000	346,739,000	257,414,000
Depreciation & Amortization	60,480,000	52,354,000	53,071,000	53,555,000
Stock Based Compensation	7,289,000	9,496,000	9,576,000	8,558,000
Change in Working Capital	26,926,000	-77,079,000	-69,253,000	-151,858,000
Operating Cash Flow	492,385,000	371,393,000	343,966,000	187,570,000
Investing Activities
Capital Expenditure	-27,187,000	-24,864,000	-26,476,000	-18,124,000
Investments	-27,187,000	-24,864,000	-26,476,000	-18,124,000
Investing Cash Flow	-318,752,000	-95,407,000	-60,833,000	-35,658,000
Financing Activities
Debt Repayment	-25,106,000	-24,843,000	-67,247,000	-550,493,000
Common Stock Issued/Repurchased	-152,837,000	-73,388,000	-13,485,000	-13,229,000
Dividends Paid	-63,702,000	-55,879,000	-53,446,000	-51,805,000
Financing Cash Flow	-245,607,000	-156,468,000	-126,888,000	-223,029,000
Summary
Free Cash Flow	465,198,000	346,529,000	317,490,000	169,446,000
Net Change in Cash	-72,200,000	116,581,000	159,562,000	-73,271,000

Cash flow annual history for Applied Industrial Technologies Inc (AIT).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	392,988,000	385,762,000	346,739,000	257,414,000	144,757,000
Depreciation & Amortization	60,480,000	52,354,000	53,071,000	53,555,000	55,145,000
Stock Based Compensation	7,289,000	9,496,000	9,576,000	8,558,000	6,454,000
Change in Working Capital	26,926,000	-77,079,000	-69,253,000	-151,858,000	6,381,000
Operating Cash Flow	492,385,000	371,393,000	343,966,000	187,570,000	241,697,000
Investing Activities
Capital Expenditure	-27,187,000	-24,864,000	-26,476,000	-18,124,000	-15,852,000
Investments	-27,187,000	-24,864,000	-26,476,000	-18,124,000	0
Investing Cash Flow	-318,752,000	-95,407,000	-60,833,000	-35,658,000	-44,930,000
Financing Activities
Debt Repayment	-25,106,000	-24,843,000	-67,247,000	-550,493,000	-131,883,000
Common Stock Issued/Repurchased	-152,837,000	-73,388,000	-13,485,000	-13,229,000	-40,089,000
Dividends Paid	-63,702,000	-55,879,000	-53,446,000	-51,805,000	-50,664,000
Financing Cash Flow	-245,607,000	-156,468,000	-126,888,000	-223,029,000	-213,037,000
Summary
Free Cash Flow	465,198,000	346,529,000	317,490,000	169,446,000	225,845,000
Net Change in Cash	-72,200,000	116,581,000	159,562,000	-73,271,000	-10,806,000