Saturday 17 October 2026
Export AIT’s income statement to Excel — free account
Applied Industrial Technologies, Inc.
AIT Industrials Industrial Distribution
Applied Industrial Technologies, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $5.0 billion, up 8.84% from fiscal 2025. In the quarter to June 2026, revenue grew 10.5%, EPS grew 13.0%, free cash flow grew 15.0% and total debt fell 54.2%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years, revenue growth for five.
330.84
2.99
−0.90%
Follow AIT
| Jun '17 | Jun '18 | Jun '19 | Jun '20 | Jun '21 | Jun '22 | Jun '23 | Jun '24 | Jun '25 | Jun '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
8 | 5 | 7 | 6 | 8 | 7 | 7 | 6 | 6 | 8 |
P/E ratio |
17.17 | 19.37 | 16.40 | 100.63 | 24.41 | 14.35 | 16.09 | 19.10 | 22.63 | 30.46 |
Altman Z-Score |
5.98 | 3.80 | 3.93 | 3.68 | 4.51 | 5.02 | 6.19 | 7.16 | 7.51 | 10.54 |
P/S ratio |
0.89 | 0.89 | 0.68 | 0.74 | 1.09 | 0.97 | 1.27 | 1.64 | 1.95 | 2.54 |
Altman Z″-Score (non-manufacturers) |
7.20 | 4.65 | 5.09 | 4.70 | 5.42 | 6.20 | 7.13 | 7.70 | 7.55 | 8.06 |
P/FCF ratio |
15.31 | 21.97 | 14.51 | 8.66 | 15.55 | 21.69 | 17.53 | 21.20 | 19.06 | 27.38 |
P/Operating CF |
26.75 | 27.63 | 22.81 | 18.98 | 92.18 | 68.84 | 31.06 | 61.71 | 60.53 | 76.60 |
Beneish M-Score |
(2.41) | (2.02) | (2.60) | (3.24) | (2.50) | (2.04) | (2.39) | (2.41) | (2.52) | (2.45) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 93 |
P/B ratio |
3.09 | 3.37 | 2.63 | 2.86 | 3.78 | 3.22 | 3.83 | 4.36 | 4.83 | 6.79 |
Price to Tangible BV |
6.13 | 0.00 | 0.00 | 0.00 | 38.01 | 11.03 | 8.67 | 8.93 | 11.17 | 14.97 |
EV/Sales |
0.96 | 1.19 | 0.92 | 0.95 | 1.27 | 1.10 | 1.33 | 1.67 | 2.00 | 2.58 |
EV/EBITDA |
11.48 | 13.17 | 9.73 | 10.77 | 13.11 | 10.14 | 11.09 | 13.59 | 16.16 | 20.60 |
EV/Operating CF |
15.13 | 24.83 | 17.77 | 10.37 | 16.96 | 22.42 | 17.06 | 20.18 | 18.50 | 26.43 |
EV/FCF |
16.55 | 29.24 | 19.73 | 11.05 | 18.06 | 24.65 | 18.40 | 21.59 | 19.50 | 27.71 |
Quick Ratio |
1.60 | 1.39 | 1.53 | 1.69 | 1.81 | 1.68 | 1.95 | 2.37 | 2.20 | 1.56 |
Current Ratio |
2.85 | 2.45 | 2.71 | 2.72 | 2.80 | 2.72 | 3.05 | 3.53 | 3.32 | 2.58 |
Net Debt/EBITDA |
0.86 | 3.28 | 2.58 | 2.33 | 1.83 | 1.22 | 0.53 | 0.25 | 0.33 | 0.22 |
Debt/Assets |
21.01% | 42.16% | 41.08% | 40.89% | 36.46% | 28.11% | 22.68% | 20.24% | 18.02% | 8.71% |
Debt/Equity |
0.39 | 1.18 | 1.07 | 1.11 | 0.89 | 0.60 | 0.43 | 0.35 | 0.31 | 0.14 |
Asset Turnover |
1.92 | 1.67 | 1.50 | 1.41 | 1.42 | 1.61 | 1.70 | 1.57 | 1.49 | 1.61 |
Operating CF/Net income |
1.23 | 1.04 | 1.25 | 12.34 | 1.67 | 0.73 | 0.99 | 0.96 | 1.25 | 1.17 |
Capex/Depreciation |
(0.34) | (0.43) | (0.19) | (0.09) | (0.14) | (0.30) | (0.45) | (0.44) | (0.39) | (0.31) |
Interest Coverage |
19.86 | 9.35 | 5.73 | 2.39 | 6.67 | 13.36 | 19.09 | 24.13 | 27.37 | 31.60 |
| 19.09% | 18.15% | 16.82% | 2.76% | 16.30% | 24.73% | 26.59% | 24.51% | 22.24% | 22.37% | |
| 9.92% | 7.71% | 6.24% | 1.04% | 6.36% | 10.90% | 13.35% | 13.55% | 12.83% | 13.40% | |
ROIC |
11.76% | 8.18% | 8.37% | 3.69% | 8.54% | 13.52% | 17.03% | 16.98% | 15.36% | 17.20% |
Return on Tangible Assets |
19.67% | 18.96% | 16.97% | 2.81% | 16.37% | 26.49% | 28.39% | 27.81% | 29.12% | 37.75% |
Average Days of Receivables |
55.01 | 65.18 | 56.85 | 50.61 | 58.24 | 62.88 | 58.59 | 59.07 | 61.56 | 61.09 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
21.68% | 21.42% | 21.37% | 22.11% | 21.03% | 19.66% | 18.44% | 18.77% | 19.39% | 19.27% |
Intangible Assets out of Total Assets |
0.27 | 0.47 | 0.44 | 0.39 | 0.37 | 0.33 | 0.30 | 0.29 | 0.33 | 0.34 |
Share Based Compensation of Revenue |
0.14% | 0.15% | 0.13% | 0.12% | 0.20% | 0.22% | 0.22% | 0.21% | 0.16% | 0.15% |
Graham Net Nets |
0.10 | (0.15) | (0.12) | (0.12) | (0.04) | 0.02 | 0.06 | 0.07 | 0.05 | 0.03 |
Graham Number |
38.45 | 41.62 | 44.06 | 17.45 | 44.94 | 67.11 | 87.48 | 98.93 | 105.51 | 111.54 |
Earnings Yield |
5.83% | 5.16% | 6.10% | 0.99% | 4.10% | 6.97% | 6.21% | 5.24% | 4.42% | 3.28% |
Free Cash Flow Yield |
6.53% | 4.55% | 6.89% | 11.55% | 6.43% | 4.61% | 5.71% | 4.72% | 5.25% | 3.65% |
Revenue per Share |
66.48 | 79.31 | 89.80 | 83.96 | 83.49 | 99.05 | 114.34 | 115.83 | 119.18 | 132.88 |
Operating CF per Share |
4.22 | 3.80 | 4.67 | 7.68 | 6.24 | 4.88 | 8.91 | 9.60 | 12.86 | 12.95 |
Capex per Share |
(0.36) | (0.57) | (0.46) | (0.47) | (0.38) | (0.44) | (0.65) | (0.63) | (0.66) | (0.60) |
Free Cash Flow per Share |
3.86 | 3.23 | 4.21 | 7.21 | 5.86 | 4.43 | 8.26 | 8.98 | 12.20 | 12.35 |
Cash per Share |
2.69 | 1.40 | 2.80 | 6.95 | 6.65 | 4.80 | 8.91 | 11.91 | 10.14 | 3.40 |
Shareholders Equity per Share |
19.10 | 21.03 | 23.20 | 21.82 | 24.06 | 29.88 | 37.79 | 43.67 | 48.17 | 49.81 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
19.10 | 21.03 | 23.20 | 21.82 | 24.06 | 29.88 | 37.79 | 43.67 | 48.17 | 49.81 |
Free Cash Flow |
150.50 | 125.05 | 162.63 | 278.55 | 227.00 | 170.55 | 318.92 | 347.11 | 467.04 | 461.61 |
Working Capital |
572.79 | 625.47 | 724.34 | 733.69 | 768.88 | 859.90 | 1,106.46 | 1,268.80 | 1,221.32 | 966.32 |
Capital Expenditures |
(14.12) | (22.25) | (17.97) | (18.17) | (14.70) | (17.02) | (25.05) | (24.29) | (25.35) | (22.47) |
Net Current Asset Value |
240.20 | (412.76) | (286.52) | (280.24) | (142.69) | 56.30 | 361.91 | 506.77 | 416.45 | 430.51 |
EV/EBIT |
14.20 | 16.19 | 13.73 | 34.58 | 19.96 | 11.75 | 12.40 | 15.11 | 18.27 | 23.28 |
Capex to Sales |
0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
Price to Operating Income |
13.14 | 12.17 | 10.09 | 27.10 | 17.18 | 10.34 | 11.81 | 14.84 | 17.85 | 23.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.38 | 0.43 | 0.77 | 1.61 | 0.93 | 0.51 | 0.49 | 0.47 | 0.51 | 0.54 |
Cash ROIC |
13.18% | 6.82% | 8.28% | 13.62% | 11.24% | 8.43% | 13.15% | 12.64% | 16.65% | 20.51% |
Accounts Receivable Turnover |
7.02 | 6.54 | 6.37 | 6.55 | 6.70 | 6.50 | 6.47 | 6.25 | 6.11 | 6.20 |
Accounts Payable Turnover |
11.28 | 10.01 | 9.98 | 10.90 | 11.66 | 11.56 | 11.14 | 11.05 | 11.63 | 11.14 |
Inventory Turnover |
5.43 | 5.71 | 5.67 | 5.52 | 6.12 | 6.66 | 6.57 | 6.35 | 6.40 | 6.82 |
Average Days of Payables |
35.52 | 42.83 | 35.13 | 29.46 | 33.03 | 35.03 | 35.23 | 31.00 | 32.15 | 35.98 |
Days of Inventory on Hand |
67.87 | 70.37 | 66.27 | 61.54 | 57.52 | 60.72 | 58.52 | 56.71 | 58.00 | 53.69 |
Average Receivables |
369.39 | 469.87 | 544.86 | 495.45 | 483.16 | 586.38 | 682.41 | 716.64 | 747.29 | 800.47 |
Average Payables |
164.58 | 218.75 | 247.09 | 211.78 | 197.22 | 233.81 | 280.57 | 284.32 | 273.54 | 310.61 |
Average Inventory |
341.68 | 383.61 | 434.81 | 418.35 | 375.85 | 406.18 | 475.50 | 494.72 | 496.80 | 507.16 |
Average Assets |
1,349.81 | 1,836.67 | 2,308.72 | 2,307.62 | 2,277.68 | 2,362.20 | 2,597.96 | 2,847.62 | 3,063.73 | 3,092.76 |
Average Common Equity |
701.59 | 780.11 | 856.00 | 870.29 | 888.04 | 1,040.95 | 1,303.90 | 1,573.61 | 1,766.65 | 1,853.13 |
Columns are period end dates