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) Gross margin

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Applied Industrial Technologies, Inc.'s gross margin over the twelve months to 30 September 2026 was 30.4%, up 0.1 percentage points from fiscal 2026 (30.3%). Over the past ten years it has ranged from 28.0% (fiscal 2015) to 30.3% (fiscal 2026) — the current reading is the highest in ten years. That is in line with the Industrial Distribution industry median of 30.0% and in line with the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 30.3% 0.03
FY2025 30.3% 0.47
FY2024 29.8% 0.68
FY2023 29.2% 0.11
FY2022 29.1% 0.14
FY2021 28.9% 0.02
FY2020 28.9% (0.13)
FY2019 29.0% 0.26
FY2018 28.8% 0.32
FY2017 28.4% 0.36

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 30.4% (0.02)
Jun 2026 30.4% (0.03)
Mar 2026 30.4% 0.05
Dec 2025 30.4% 0.25
43 more quarters

Against its own ten years

Low 28.0% High 30.3%
Ten-year median 29.0%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
MSM MSC Industrial Direct Company, Inc. compare 40.9%
XMTR Xometry, Inc. compare 38.6%
AIT Applied Industrial Technologies, Inc. 30.4%
POOL Pool Corporation compare 29.4%
WSO.B Watsco, Inc. compare 27.5%
WSO Watsco, Inc. compare 27.2%
CNM Core & Main, Inc. compare 27.1%
QXO QXO, Inc. compare 24.0%
WCC WESCO International, Inc. compare 21.5%
Industrial Distribution industry median 30.0%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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