Applied Industrial Technologies, Inc.

AIT

AITApplied Industrial Technologies, Inc. US flag

New York Stock Exchange

313.39

USD

+5.08

- -

11.58BMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	2,213	2,375	2,462	2,460	2,752	2,519	2,594	3,073	3,473	3,246	3,236	3,811	4,413	4,479	4,563
+ Sales & Services Revenue	2,213	2,375	2,462	2,460	2,752	2,519	2,594	3,073	3,473	3,246	3,236	3,811	4,413	4,479	4,563
- Cost of Revenue	1,600	1,721	1,779	1,773	1,982	1,812	1,856	2,189	2,465	2,308	2,300	2,704	3,126	3,143	3,180
+ Cost of Goods & Services	1,600	1,721	1,779	1,773	1,982	1,812	1,856	2,189	2,465	2,308	2,300	2,704	3,126	3,143	3,180
Gross Profit	613	654	683	687	770	707	738	884	1,008	938	936	1,107	1,287	1,337	1,383
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	462	486	507	523	585	553	562	658	742	718	681	750	814	841	885
+ Selling, General & Admin	462	486	507	523	585	553	562	658	742	718	681	750	814	841	885
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	151	168	176	164	185	155	175	226	266	220	255	357	473	496	499
- Non-Operating (Income) Loss	-2	2	-1	-2	9	76	8	21	71	165	78	27	23	-2	-2
+ Interest Expense, Net	2	- -	- -	- -	8	9	9	23	40	37	31	26	22	3	1
+ Interest Expense	2	- -	1	1	8	9	9	24	41	37	31	27	25	21	18
- Interest Income	- -	- -	- -	1	- -	- -	- -	1	1	1	- -	1	3	18	18
+ Other Non-Op (Income) Loss	-4	2	-1	-2	1	67	- -	-2	31	128	47	1	2	-5	-3
Pretax Income	153	167	178	166	176	79	167	205	194	55	177	330	450	498	501
- Income Tax Expense (Benefit)	56	58	60	53	60	49	33	63	50	31	32	72	103	112	108
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	97	109	118	113	115	30	134	142	144	24	145	257	347	386	393
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	97	109	118	113	115	30	134	142	144	24	145	257	347	386	393
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	97	109	118	113	115	30	134	142	144	24	145	257	347	386	393
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	97	109	118	113	115	30	134	142	144	24	145	257	347	386	393
EBIT	151	168	176	164	185	155	175	226	266	220	255	357	473	496	499
EBITDA	173	191	202	192	227	196	215	276	328	283	310	411	526	548	559
EBITDA Margin (%)	7.84	8.04	8.21	7.82	8.25	7.78	8.29	8.97	9.44	8.7	9.58	10.78	11.92	12.24	12.25
EBITA	151	168	176	164	185	155	175	226	266	220	255	357	473	496	499
Gross Margin (%)	27.71	27.55	27.74	27.93	27.98	28.08	28.44	28.76	29.02	28.89	28.91	29.05	29.16	29.84	30.31
Operating Margin (%)	6.81	7.09	7.16	6.68	6.71	6.14	6.76	7.35	7.66	6.77	7.88	9.37	10.72	11.07	10.92
Profit Margin (%)	4.37	4.58	4.8	4.59	4.2	1.17	5.16	4.61	4.15	0.74	4.47	6.76	7.86	8.61	8.61
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.7	0.8	0.88	0.96	1.04	1.1	1.14	1.18	1.22	1.26	1.31	1.35	1.38	1.44	- -
Depreciation Expense	23	23	26	28	42	42	40	50	62	63	55	54	53	52	60
Basic Weighted Avg Shares	42	42	42	42	41	39	39	39	39	39	39	38	39	39	- -
Basic EPS, GAAP	2.28	2.58	2.81	2.69	2.82	0.75	3.43	3.65	3.72	0.62	3.73	6.69	8.98	9.98	- -
Basic EPS from Cont Ops	2.28	2.58	2.81	2.69	2.82	0.75	3.43	3.65	3.72	0.62	3.73	6.69	8.98	9.98	- -
Diluted Weighted Avg Shares	43	43	43	42	41	39	39	39	39	39	39	39	39	39	- -
Diluted EPS, GAAP	2.24	2.54	2.78	2.67	2.8	0.75	3.4	3.61	3.68	0.62	3.68	6.58	8.84	9.83	- -
Diluted EPS from Cont Ops	2.24	2.54	2.78	2.67	2.8	0.75	3.4	3.61	3.68	0.62	3.68	6.58	8.84	9.83	- -

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	619	666	737	836	846	782	883	1,058	1,148	1,160	1,197	1,360	1,647	1,770	1,747
+ Cash, Cash Equivalents & STI	91	78	73	71	69	60	105	54	108	269	258	184	344	461	388
+ Cash & Cash Equivalents	91	78	73	71	69	60	105	54	108	269	258	184	344	461	388
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	291	307	330	376	376	348	391	549	541	450	516	656	708	725	770
+ Accounts Receivable, Net	291	307	330	376	376	348	391	549	541	450	516	656	708	725	770
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	204	229	281	336	362	338	345	422	448	389	363	450	501	488	505
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	-138	-145	-146	-151	-152	-147	-138	-139	-152	-156	-152	-179	-215	-226	-233
+ Other Inventory	342	373	427	487	514	485	483	561	599	545	514	629	716	714	738
+ Other ST Assets	33	52	53	53	38	36	41	33	51	52	60	69	93	96	84
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	296	296	321	498	587	531	505	1,228	1,184	1,124	1,075	1,093	1,097	1,182	1,428
+ Property, Plant & Equip, Net	69	83	83	104	104	108	108	121	124	213	203	220	216	252	317
+ Property, Plant & Equip	213	232	241	260	269	269	274	297	305	405	407	435	445	496	573
- Accumulated Depreciation	144	149	158	157	164	161	166	175	181	192	204	215	229	245	256
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	227	213	238	394	482	423	397	1,106	1,059	911	873	873	881	930	1,111
+ Total Intangible Assets	167	168	198	353	453	394	370	1,083	1,031	884	840	814	814	865	1,048
+ Goodwill	77	83	107	193	254	203	206	647	662	541	560	563	578	619	699
+ Other Intangible Assets	90	85	91	160	199	191	164	436	369	343	280	251	236	246	349
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	60	45	40	41	29	29	27	24	28	27	33	59	67	65	63
Total Assets	915	962	1,059	1,334	1,433	1,312	1,388	2,286	2,332	2,284	2,272	2,453	2,743	2,952	3,176
+ Payables & Accruals	109	121	137	172	180	149	181	257	237	186	208	259	302	267	280
+ Accounts Payable	109	121	137	172	180	149	181	257	237	186	208	259	302	267	280
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	3	3	3	5	19	49	79	44	40	25	25	- -
+ ST Borrowings	- -	- -	- -	3	3	3	5	19	49	79	44	40	25	25	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	106	109	109	116	127	122	124	156	137	161	176	200	213	209	246
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	106	109	109	116	127	122	124	156	137	161	176	200	213	209	246
Total Current Liabilities	215	230	246	291	310	274	310	433	424	426	428	500	540	501	526
+ LT Debt	- -	- -	- -	168	318	325	287	945	909	855	785	649	597	572	572
+ LT Borrowings	- -	- -	- -	168	318	325	287	945	909	855	785	649	597	572	572
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	67	60	53	75	64	55	46	94	102	159	127	154	148	190	233
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	48	40	31	24	20	21	17	12	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	19	20	22	51	44	34	29	82	102	159	127	154	148	190	233
Total Noncurrent Liabilities	67	60	53	243	381	380	333	1,038	1,011	1,014	912	804	745	762	805
Total Liabilities	281	290	299	534	691	654	642	1,471	1,435	1,440	1,339	1,303	1,285	1,263	1,331
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	158	160	164	167	170	173	175	179	183	186	187	194	199	204	209
+ Common Stock	- -	10	10	10	10	10	10	10	10	10	10	10	10	10	10
+ Additional Paid in Capital	158	150	154	157	160	163	165	169	173	176	177	184	189	194	199
- Treasury Stock	198	227	225	262	338	374	381	404	415	414	456	472	478	559	721
+ Retained Earnings	668	743	824	897	970	945	1,034	1,130	1,229	1,201	1,294	1,500	1,793	2,122	2,448
+ Other Equity	5	-5	-3	-2	-60	-86	-82	-90	-100	-129	-93	-72	-55	-78	-92
Equity Before Minority Interest	634	672	760	800	741	658	745	815	897	844	933	1,149	1,458	1,689	1,845
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	634	672	760	800	741	658	745	815	897	844	933	1,149	1,458	1,689	1,845
Total Liabilities & Equity	915	962	1,059	1,334	1,433	1,312	1,388	2,286	2,332	2,284	2,272	2,453	2,743	2,952	3,176
Shares Outstanding	43	42	42	42	40	39	39	39	39	39	39	38	39	38	38
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-91	-78	-73	100	252	268	187	910	850	665	571	505	278	137	184
Net Debt to Equity	-14.38	-11.67	-9.63	12.44	33.93	40.73	25.03	111.61	94.72	78.86	61.19	43.92	19.07	8.1	9.97
Tangible Common Equity Ratio	62.4	63.48	65.25	45.59	29.42	28.75	36.9	-22.24	-10.29	-2.88	6.48	20.48	33.4	39.47	37.44
Current Ratio	2.88	2.89	3	2.87	2.73	2.85	2.85	2.45	2.71	2.72	2.8	2.72	3.05	3.53	3.32
Cash Conversion Cycle	64.62	67.81	73.87	85.02	82.17	89.5	86.93	84.53	85.44	87.52	82.48	80.42	79.74	82.69	85.56

Cash Flow Statement (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	97	109	118	113	115	30	134	142	144	24	145	257	347	386	393
+ Depreciation & Amortization	23	23	26	28	42	42	40	50	62	63	55	54	53	52	60
+ Non-Cash Items	12	20	17	1	- -	67	3	10	45	136	35	28	13	10	12
+ Stock-Based Compensation	3	4	3	3	3	3	4	5	4	4	6	9	10	9	7
+ Deferred Income Taxes	5	9	10	-8	-5	-7	-3	2	2	-13	-31	15	-6	-1	-6
+ Asset Impairment Charge	- -	- -	- -	- -	- -	65	- -	- -	32	131	50	- -	- -	- -	- -
+ Other Non-Cash Adj	4	7	3	6	2	6	2	4	6	14	11	5	10	2	11
+ Chg in Non-Cash Work Cap	-54	-61	-49	-31	-1	24	-12	-54	-70	74	6	-152	-69	-77	27
+ (Inc) Dec in Accts Receiv	-36	-23	-16	-29	13	26	-42	-83	8	74	-59	-146	-51	-2	-5
+ (Inc) Dec in Inventories	-21	-29	-27	-29	-16	25	-4	-33	-17	57	41	-92	-43	18	29
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	13	14	12	21	1	-29	32	50	-30	-54	11	54	38	-39	2
+ Inc (Dec) in Other	-10	-24	-19	6	1	1	2	12	-32	-4	13	32	-13	-54	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	77	90	111	110	157	162	165	147	181	297	242	188	344	371	492
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1	1	1	1	2	1	3	1	1	2	1	1	1	1	2
+ Disp of Fixed Prod Assets	1	1	1	1	2	1	3	1	1	2	1	1	1	1	2
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-20	-26	-12	-20	-15	-13	-17	-23	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-20	-26	-12	-20	-15	-13	-17	-23	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-6	-31	- -	-37	-77	-37	-8	-23	-11	- -	-40	-14	-1	-73	-153
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-6	-31	- -	-37	-77	-37	-8	-23	-11	- -	-40	-14	-1	-73	-153
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-31	-15	-68	-184	-161	-63	-3	-776	-38	-37	-30	-7	-36	-72	-293
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-31	-15	-68	-184	-161	-63	-3	-776	-38	-37	-30	-7	-36	-72	-293
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	2	- -	- -	- -	- -	- -	- -	- -	-19	-20	-16	-30	-26	-24	-27
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-48	-39	-79	-204	-174	-75	-17	-798	-55	-55	-45	-36	-61	-95	-319
+ Dividends Paid	-30	-34	-37	-40	-43	-43	-45	-46	-47	-49	-51	-52	-53	-56	-64
+ Net Cash From Debt	-75	- -	- -	168	150	7	-3	674	-6	-25	-106	271	-94	-25	-25
+ Cash From Debt	- -	- -	- -	169	170	125	- -	800	175	25	26	821	- -	- -	- -
+ Repayments of Debt	-75	- -	- -	-1	-20	-118	-3	-125	-181	-50	-132	-550	-94	-25	-25
+ Other Financing Activities	-6	4	-1	1	-9	-20	-47	-5	-7	-5	-16	-428	22	-2	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-117	-61	-38	92	22	-93	-103	600	-72	-78	-213	-223	-127	-156	-246
Effect of Foreign Exchange Rates	3	-3	- -	-1	-7	-4	1	-1	- -	-3	5	-2	3	-3	- -
Net Changes in Cash	-88	-10	-5	-1	6	-6	44	-50	54	163	-16	-71	156	120	-72
EBITDA	173	191	202	192	227	196	215	276	328	283	310	411	526	548	559
EBITDA Margin (%)	7.84	8.04	8.21	7.82	8.25	7.78	8.29	8.97	9.44	8.7	9.58	10.78	11.92	12.24	12.25
Free Cash Flow	56	64	99	90	142	149	148	124	181	297	242	188	344	371	492
Net Cash Paid for Acquisitions	31	15	68	184	161	63	3	776	38	37	30	7	36	72	293
Free Cash Flow to Firm	58	65	100	91	147	152	155	141	211	313	267	208	363	387	507
Free Cash Flow to Equity	-17	66	100	259	294	157	147	799	175	274	137	459	251	347	469
Free Cash Flow per Basic Share	1.33	1.53	2.36	2.14	3.47	3.79	3.78	3.2	4.67	7.68	6.24	4.88	8.91	9.6	- -
Price/Free Cash Flow	15.83	13.55	16.63	16.48	9.5	10.17	12.81	16.16	13.34	8.2	14.8	20.05	16.51	20.51	- -
Cash Flow to Net Income	0.79	0.83	0.94	0.98	1.36	5.48	1.23	1.04	1.25	12.34	1.67	0.73	0.99	0.96	1.25
Capital Expenditures	-20	-26	-12	-20	-15	-13	-17	-23	- -	- -	- -	- -	- -	- -	- -