stockrowApplied 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
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Applied Industrial Technologies, Inc. (AIT) Piotroski F-score
Applied Industrial Technologies, Inc.'s Piotroski F-score for fiscal 2026 is 8 out of 9: 8 of nine tests of profitability, leverage and efficiency passed, up from 6 in fiscal 2025.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2026 | 8 | 2.00 |
| FY2025 | 6 | 0.00 |
| FY2024 | 6 | (1.00) |
| FY2023 | 7 | 0.00 |
| FY2022 | 7 | (1.00) |
| FY2021 | 8 | 2.00 |
| FY2020 | 6 | (1.00) |
| FY2019 | 7 | 2.00 |
| FY2018 | 5 | (3.00) |
| FY2017 | 8 | — |
How fiscal 2026’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | 13.40% | 12.83% | Pass | 1 |
| Positive operating cash flow | 484.08m | 492.39m | Pass | 1 |
| Rising return on assets | 13.40% | 12.83% | Pass | 1 |
| Cash flow above net income | 69.56m | 99.40m | Pass | 1 |
| Falling long-term leverage | 0.08 | 0.19 | Pass | 1 |
| Rising current ratio | 2.58 | 3.32 | Fail | 0 |
| No new shares issued | 37,377,000 | 38,289,000 | Pass | 1 |
| Rising gross margin | 30.34% | 30.31% | Pass | 1 |
| Rising asset turnover | 1.61 | 1.49 | Pass | 1 |
| Piotroski F-score | Strong — most fundamentals improved | 8 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| AIT Applied Industrial Technologies, Inc. | 8 |
| MSM MSC Industrial Direct Company, Inc. compare | 8 |
| CNM Core & Main, Inc. compare | 7 |
| WSO.B Watsco, Inc. compare | 6 |
| WSO Watsco, Inc. compare | 6 |
| POOL Pool Corporation compare | 5 |
| WCC WESCO International, Inc. compare | 5 |
| QXO QXO, Inc. compare | 3 |
| XMTR Xometry, Inc. compare | 3 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover
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