Applied Industrial Technologies

Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution, and Fluid Power & Flow Control Business segments. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power & Flow Control Businesses segment specializes in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

AIT reports robust Q1 performance, eyes growth amid market uncertainty

AIT's Q1 2023 earnings call showcased robust financial performance, strong customer activity, and strategic acquisitions. While supply chain issues and market uncertainty present challenges, the company remains focused on margin expansion and growth opportunities.

Applied Industrial Technologies posts record Q2 results and advances automation strategy

Applied Industrial Technologies (AIT) reported robust Q2 results, showcasing strong growth, operational efficiency, and strategic initiatives. The company's focus on automation, diverse end markets, and customer collaboration bodes well for future performance. Despite challenges like margin pressures, AIT's financial strength, guidance raise, and market positioning offer a positive outlook.

Applied Industrial Technologies reports strong Q3 earnings and strategic acquisitions

Applied Industrial Technologies delivered impressive financial results, showcasing growth in key metrics and strategic initiatives. The company remains confident in its ability to navigate challenges and capitalize on growth opportunities, positioning itself for continued success in the market.

Applied Industrial Technologies reports record year with strong Q4 results

Applied Industrial Technologies (AIT) delivered a strong performance in Q4 2023, with record sales, earnings, and margin improvement.
The company's focus on operational efficiency, customer relationships, and strategic pricing initiatives positions it well for sustained growth.
Challenges related to supply chain disruptions and inflationary pressures require proactive cost management and pricing strategies.
Opportunities lie in technology investments, customer relationship management, and strategic pricing to drive future growth and profitability.

Applied Industrial Technologies reports robust Q1 earnings and growth outlook

AIT's Q1 performance showcased strong earnings growth, margin improvement, and effective cost controls, underpinning financial stability and growth prospects.
While facing challenges in the technology sector and automation delays, AIT's focus on sales growth, backlog strength, and capital allocation presents opportunities for future expansion.
Overall, AIT's strategic initiatives and positive outlook, including raised full-year guidance, position the company well for sustained growth and value creation.

Applied Industrial Technologies posts strong Q2 results amidst market challenges

Applied Industrial Technologies (AIT) reported robust financial results for Q2 2024, with strong sales, margin expansion, and earnings growth, reflecting operational excellence and strategic focus.
While facing challenges such as inflationary pressures and potential sales headwinds, AIT remains optimistic about future growth potential and is proactively addressing these issues through strategic initiatives.
Overall, AIT's performance underscores its resilience, agility, and commitment to enhancing shareholder value, positioning the company for sustainable growth and profitability in the dynamic market environment.

Applied Industrial Technologies exceeds Q3 sales expectations, eyes automation growth

AIT's Q3 performance reflects resilience and strategic focus on growth, cost management, and competitive positioning through acquisitions and investments.
Despite challenges from economic uncertainty and inflation, AIT's strengths in industry positioning, acquisitions, and operational efficiency position the company for future success.
Opportunities in automation, market expansion, and positive demand trends offer avenues for AIT to navigate challenges and drive sustainable growth in the coming quarters.

Applied Industrial Technologies reports strong margins, eyes U.S. production rebound

AIT's Q4 2024 showcased strong margin performance despite a 2% decline in organic daily sales.
The company's strategic acquisitions and fiscal 2025 guidance reflect confidence in future prospects.
While facing challenges in sales trends, AIT remains optimistic about potential growth catalysts and ongoing investments.

Applied Industrial Technologies reports mixed Q1 results, raises EPS guidance

Applied Industrial Technologies (AIT) navigated mixed sales trends in Q1 2025, with a focus on margin improvement and strategic investments for future growth.
Despite challenges in EBITDA margins and segment sales declines, AIT's strong cash flow performance and raised EPS guidance demonstrate resilience and potential.
Opportunities in reshoring, technology investments, and market demand position AIT for continued success, supported by disciplined acquisitions and capital deployment.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Engineered Solutions segments. The Service Center Based Distribution segment is involved in local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. The Engineered Solutions segment focuses on distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

Applied Industrial's (AIT) Q1 results benefit from 19.4% growth in organic sales and 0.2% gain from acquisitions. The company improves its outlook for fiscal 2023.

Applied Industrial (AIT) Gains 2% Since Q1 Earnings Release

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced the acquisition of Automation, Inc., a provider of automation products, services, and engineered solutions focused on machine vision, collaborative and mobile robotics, motion control, intelligent sensors, pneumatics, and other related products and solutions.

Applied Industrial Technologies Acquires Automation, Inc.

Flex

Halliburton

Monarch Casino & Resort

United States Cellular

Halliburton (HAL), Flex Ltd. (FLEX), United States Cellular (USM), Applied Industrial Technologies (AIT) and Monarch Casino & Resort (MCRI) are five stocks with explosive relative price strength.

5 Great Relative Price Strength Stocks for Your Portfolio

Applied Industrial Technologies, Inc. (NYSE:AIT ) Q1 2023 Results Conference Call October 27, 2022 10:00 AM ET Company Participants Ryan Cieslak - Director, IR and Treasury Neil Schrimsher - President and CEO Dave Wells - CFO Conference Call Participants Chris Dankert - Loop Capital David Manthey - Baird Ken Newman - KeyBanc Capital Markets Operator Welcome to the Fiscal 2023 First Quarter Earnings Call for Applied Industrial Technologies. My name is Bridget, and I will be your operator for today's call.

Applied Industrial Technologies, Inc. (AIT) Q1 2023 Earnings Call Transcript

Alpha Metallurgical Resources

Alliance Resource Partners

Black Stone Minerals LP

Global Partners

Genuine Parts

Brigham Minerals

Safe stocks for retirement are those that are less inclined to suffer in times of turmoil or represent a sector that is more recession-proof than others. That's not to say that a safe stock will never see a decline – but safe stocks for retirement are more likely to withstand the negative pressures in a poor economic climate.

7 Safe Stocks to Buy for Your Retirement

Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 20.12% and 7.64%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Applied Industrial Technologies (AIT) Q1 Earnings and Revenues Surpass Estimates

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2023 first quarter ended September 30, 2022.

Applied Industrial Technologies Reports Fiscal 2023 First Quarter Results

Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Applied Industrial Technologies (AIT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Here is how Applied Industrial Technologies (AIT) and Tenaris S.A. (TS) have performed compared to their sector so far this year.

Has Applied Industrial Technologies (AIT) Outpaced Other Industrial Products Stocks This Year?

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2023 first quarter financial results on Thursday, October 27, 2022, before the market opens. The Company's fiscal 2023 first quarter ended September 30, 2022. A quarterly conference call will begin at 10 a.m. ET on October 27 to discuss the Company's performance and outlook with analysts and investors. A supplemental presentation detailing latest quarter results will be available f

Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 27, 2022

Graham Corp

Despite supply chain constraints and raw material cost inflation weighing on the Zacks Manufacturing - General Industrial industry's near--term outlook, ROLL, AIT and GHM are poised for growth on the back of end-market strength.

3 Top Industrial Manufacturing Stocks to Beat Industry Woes

Applied Industrial (AIT) gains from technology, metals, chemicals, refining, automation, aggregates, rubber & plastics, and other end markets besides acquisitions and shareholder-friendly measures.

Applied Industrial (AIT) Up 15.6% in 3 Months: Here's Why

CLEVELAND--(BUSINESS WIRE)-- #NC99--Applied Industrial Technologies (NYSE: AIT) has been named a 2022 NorthCoast 99 award winner. Since 1999, the Employers Resource Council (ERC) has honored 99 Northeast Ohio organizations for building and maintaining a great workplace that supports the attraction, retention and motivation of top performers. This is the 21st time that Applied® has earned this prestigious distinction. “Being recognized as a NorthCoast 99 winner for so many years is an incredible honor,”

Applied Industrial Technologies Named 2022 NorthCoast 99 Award Recipient

Investors need to pay close attention to Applied Industrial (AIT) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Applied Industrial (AIT) Stock?

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

Should You Buy Applied Industrial Technologies (AIT) After Golden Cross?

Applied Industrial (AIT) to benefit from strength in its end markets like technology, metals, refining and others. AIT's measures to reward its shareholders are encouraging.

Here's Why Investing in Applied Industrial (AIT) Makes Sense

AIT ended its fiscal year with a strong fourth quarter that saw high-teens revenue growth, margin expansion, and higher guidance for the next fiscal year. Management's guidance calls for a cooling off across its end-markets, which seems reasonable, but the longer-term growth outlook is still attractive, particularly in its still-small automation businesses.

Applied Industrial Technologies: Still An Underappreciated Industrial Growth Story

Arch Capital

Otter Tail

Visa

Invest in stocks like Applied Industrial Technologies (AIT), Arch Capital Group (ACGL), Otter Tail (OTTR) & Visa (V) at the moment for solid earnings growth.

4 of the Best Stocks to Invest in for Superb Earnings Growth

Applied Industrial (AIT) Q4 performance benefits from organic sales growth owing to solid segmental performance. Acquired assets boost sales by 0.3%.

Applied Industrial's (AIT) Q4 Earnings & Revenues Surpass Mark

Applied Industrial Technologies, Inc. (NYSE:AIT ) Q4 2022 Results Conference Call August 11, 2022 10:00 AM ET Company Participants Ryan Cieslak - Director, Investor Relations and Treasury Neil Schrimsher - President & Chief Executive Officer Dave Wells - Chief Financial Officer Conference Call Participants Ken Newman - KeyBanc Capital Markets Chris Dankert - Loop Capital David Manthey - Baird Ken Newman - KeyBanc Capital Markets Operator Welcome to the fiscal 2022 Fourth Quarter Earnings Call for Applied Industrial Technologies. My name is Ingrid and I'll be your operator for today's call.

Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q4 2022 Results - Earnings Call Transcript

The company reported earnings and investors were clearly pleased with what they saw.

Why Applied Industrial Technologies Jumped as Much as 14% in Morning Trading

CLEVELANDCLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2022 fourth quarter and full year ended June 30, 2022. Net sales for the quarter increased 18.5% to $1.1 billion from $895.9 million in the prior year. The change includes a 0.3% increase from acquisition

Applied Industrial Technologies Reports Fiscal 2022 Fourth Quarter and Full-Year Results

Year-to-date, AIT shares reside nicely in the green, up nearly 5% and easily outperforming the general market's 13% decline.

Applied Industrial Technologies Q4 Preview: Can Shares Remain Hot?

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) has announced the availability of its new 2022 / 2023 Applied® Product Catalog – featuring nearly 30,000 of its most popular maintenance and industrial items, and representing more than 180 high-quality, trusted manufacturers. The catalog's diverse product selection ranges from bearings, belts, hoses, motors, drives and power transmission products to hydraulic and pneumatic components, tools, maintenance products, safety an

Applied Industrial Technologies Announces New 2022 / 2023 Product Catalog

Barrett Business Services

Benchmark Electronics

Ennis

Myers

Encore Wire

These are the most undervalued mid-cap stocks to buy. They have low valuation metrics and good earnings potential, and most pay dividends.

News for Applied Industrial Technologies Stock (AIT)