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) Debt to equity

Alert me on Debt to equity

Applied Industrial Technologies, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.1×, up 0.0× from fiscal 2026 (0.1×). Over the past ten years it has ranged from 0.1× (fiscal 2026) to 1.2× (fiscal 2018) — the current reading is the lowest in ten years. That is below the Industrial Distribution industry median of 0.4× and below the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.1× (54.59%)
FY2025 0.3× (12.27%)
FY2024 0.4× (17.07%)
FY2023 0.4× (28.88%)
FY2022 0.6× (32.49%)
FY2021 0.9× (19.76%)
FY2020 1.1× 3.67%
FY2019 1.1× (9.70%)
FY2018 1.2× 202.20%
FY2017 0.4× (21.47%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.1× 6.32%
Jun 2026 0.1× (28.26%)
Mar 2026 0.2× (35.67%)
Dec 2025 0.3× 0.49%
43 more quarters

Against its own ten years

Low 0.1× High 1.2×
Ten-year median 0.5×
Current reading's percentile 8

Debt to equity against peers

Company Debt to equity
WSO Watsco, Inc. compare 0.0×
WSO.B Watsco, Inc. compare 0.0×
AIT Applied Industrial Technologies, Inc. 0.1×
MSM MSC Industrial Direct Company, Inc. compare 0.3×
XMTR Xometry, Inc. compare 0.4×
QXO QXO, Inc. compare 0.6×
POOL Pool Corporation compare 1.0×
WCC WESCO International, Inc. compare 1.1×
CNM Core & Main, Inc. compare 1.2×
Industrial Distribution industry median 0.4×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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