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.

Revenue
+7.64%
EPS
+12.7%
Free cash flow
−34.4%
Total debt
−50.7%

Quarter to September 2026, against a year earlier

282.55 15.74 −5.28%
Market cap
$10.3B
P/E
24.7×
Fwd P/E
24.2×
Dividend yield
0.70%
F-score
8/9
Altman Z
10.54
Beneish M
−2.45
Dividend safety
93/100

Applied Industrial Technologies, Inc. (AIT) Current ratio

Alert me on Current ratio

Applied Industrial Technologies, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.9×, up 0.3× from fiscal 2026 (2.6×). Over the past ten years it has ranged from 2.4× (fiscal 2018) to 3.5× (fiscal 2024); the current reading is higher than 17% of that period. That is above the Industrial Distribution industry median of 2.4× and above the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 2.6× (22.38%)
FY2025 3.3× (5.97%)
FY2024 3.5× 15.89%
FY2023 3.0× 12.00%
FY2022 2.7× (2.74%)
FY2021 2.8× 2.78%
FY2020 2.7× 0.47%
FY2019 2.7× 10.76%
FY2018 2.4× (14.15%)
FY2017 2.8× 0.00%

Quarterly newest first

Period Current ratio Change
Sep 2026 2.9× 11.97%
Jun 2026 2.6× (12.51%)
Mar 2026 2.9× (19.87%)
Dec 2025 3.7× 3.69%
43 more quarters

Against its own ten years

Low 2.4× High 3.5×
Ten-year median 2.8×
Current reading's percentile 17

Current ratio against peers

Company Current ratio
QXO QXO, Inc. compare 4.1×
WSO.B Watsco, Inc. compare 3.2×
WSO Watsco, Inc. compare 3.2×
XMTR Xometry, Inc. compare 3.1×
AIT Applied Industrial Technologies, Inc. 2.9×
CNM Core & Main, Inc. compare 2.5×
POOL Pool Corporation compare 2.5×
WCC WESCO International, Inc. compare 2.0×
MSM MSC Industrial Direct Company, Inc. compare 1.8×
Industrial Distribution industry median 2.4×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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