Applied Industrial Technologies, Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Neil A. Schrimsher
- Full Time Employees
- 6,900
- Sector
- Industrials
- Industry
- Industrial - Distribution
- Address
- 1 Applied Plaza Cleveland OH United States of America 44115
- IPO Date
- Mar 17, 1980
- CIK
- 0000109563
- Website
- applied.com
- Similar Companies
- Business
- Applied Industrial Technologies, Inc. (NYSE: AIT) distributes industrial products and provides engineered solutions including bearings, power transmission components, fluid power systems, flow control products, automation technologies, industrial rubber products, linear motion components, seals, hydraulic and pneumatic components, safety products, oilfield supplies, and maintenance items; offers engineering design, systems integration, customized mechanical and fabricated rubber shop services, fluid power and flow control services, technical application support, maintenance training, and inventory management solutions to MRO and OEM customers across diverse industries. The company operates primarily in the United States, with additional locations in Canada, Mexico, Australia, New Zealand, and Singapore. Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies serves food and beverage, automotive, steel, chemical, energy, and general manufacturing sectors through its service center-based distribution and engineered solutions segments. In recent developments, the company completed the acquisition of Hydradyne, LLC on December 31, 2024, enhancing its fluid power capabilities with advanced hydraulics, pneumatics, electromechanical, instrumentation, filtration, and fluid conveyance offerings across the Southeastern U.S., expected to add approximately $260 million in sales and $30 million in EBITDA within the first 12 months. Applied also signed a definitive agreement to acquire IRIS Factory Automation in fiscal 2025 third quarter, expanding its automation platform with turn-key vision and robotic solutions for material handling, palletizing, case packing, quality inspection, and packaging workflows, particularly strengthening its Midwest presence. Further bolt-on acquisitions of distributors in New Jersey and Ohio were announced in 2024, alongside securing a $900 million senior unsecured revolving credit facility in October 2025 to support ongoing growth initiatives.
Company News
Applied Industrial Technologies, Inc. $AIT Position Boosted by Corient Private Wealth LP
5 Industrial Distributors With a Competitive Advantage Hiding in Plain Sight
Why Applied Industrial Technologies (AIT) is a Top Growth Stock for the Long-Term
Is Applied Industrial Technologies (AIT) Outperforming Other Industrial Products Stocks This Year?
Here's Why Applied Industrial Technologies (AIT) is a Strong Growth Stock
All You Need to Know About Applied Industrial Technologies (AIT) Rating Upgrade to Buy
Fractal establishes India Business Unit to meet increasing demand from large Indian enterprises
Allworth Financial LP Invests $525,000 in Applied Industrial Technologies, Inc. $AIT
Has Applied Industrial Technologies (AIT) Outpaced Other Industrial Products Stocks This Year?
Zacks Industry Outlook Dover, Applied Industrial, Generac and Flowserve
4 Industrial Manufacturing Stocks to Gain on Robust Industry Trends
VinSpace Announces Launch Contract with SpaceX, Marking a New Milestone for Vietnam's Space Industry
Why Applied Industrial Technologies (AIT) International Revenue Trends Deserve Your Attention
Focus Partners Advisor Solutions LLC Acquires Shares of 2,703 Applied Industrial Technologies, Inc. $AIT
AIT Q4 Earnings Beat Estimates on Strong Organic Sales Growth
These Analysts Increase Their Forecasts On Applied Industrial Technologies Following Upbeat Q4 Results
Applied Industrial Technologies Q4 Earnings Call Highlights
Applied Industrial Technologies, Inc. (AIT) Q4 2026 Earnings Call Transcript
Applied Industrial Technologies (AIT) Q4 Earnings and Revenues Top Estimates
Applied Industrial Technologies Reports Fiscal 2026 Fourth Quarter and Full-Year Results; Issues Fiscal 2027 Guidance, Increases Intermediate Financial Targets