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APPLIED INDUSTRIAL TECHNOLOGIES INC AIT

NYSE · stock · Wholesale-Machinery, Equipment & Supplies · website · IPO 1905-05-06 · LEI

APPLIED INDUSTRIAL TECHNOLOGIES INC statistics & valuation

Market cap$12.5B
P / E31.7×
P / S2.7×
P / B6.8×
Dividend yield0.51%
Net margin8.6%
Return on equity21.3%
Net debt$183.9M
Net debt / EBITDA0.4×
Enterprise value USD$12.6B
EV / EBITDA24.2×
Earnings yield EBIT/EV3.9%
Return on capital18.8%
Graham number -70.5%$104.02

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($104.02); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.20% 5.20% 4.60% 4.10% 0.70% 4.50% 6.80% 7.90% 8.60% 8.60% 2016201720182019202020212022202320242025
Gross margin (%)
28.10% 28.40% 28.80% 29.00% 28.90% 28.90% 29.00% 29.20% 29.80% 30.30% 2016201720182019202020212022202320242025
Operating margin (%)
3.60% 6.80% 7.30% 6.70% 2.70% 6.30% 9.40% 10.70% 11.10% 10.90% 2016201720182019202020212022202320242025
Return on equity (%)
4.50% 18.00% 17.40% 16.10% 2.90% 15.50% 22.40% 23.80% 22.80% 21.30% 2016201720182019202020212022202320242025
Shares outstanding
39.5M 39.4M 39.3M 39.2M 39.0M 39.3M 39.1M 39.2M 39.3M 38.8M 2016201720182019202020212022202320242025
Net debt ($)
$264.7M $181.7M $890.4M $800.6M $586.6M $527.1M $649.1M $596.9M $572.3M $183.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.30% 9.70% 6.20% 6.20% 1.10% 6.40% 10.50% 12.60% 13.10% 12.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.49× 0.38× 1.16× 1.01× 1.01× 0.84× 0.56× 0.41× 0.34× 0.31× 2016201720182019202020212022202320242025
EPS ($)
$0.75 $3.40 $3.61 $3.68 $0.62 $3.68 $6.58 $8.84 $9.83 $10.12 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

APPLIED INDUSTRIAL TECHNOLOGIES INC trades at about 34.8× earnings — above its 10-year norm (10-year range 15.3×–101.8×, median 22.2×).

15.3× 101.8×

Shaded band = 10-year range (15.3×–101.8×); dot = today's 34.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin30.3%29.8%29.2%29.0%28.9%28.9%29.0%28.8%28.4%28.1%
Operating margin10.9%11.1%10.7%9.4%6.3%2.7%6.7%7.3%6.8%3.6%
Net margin8.6%8.6%7.9%6.8%4.5%0.7%4.1%4.6%5.2%1.2%
Return on assets12.4%13.1%12.6%10.5%6.4%1.1%6.2%6.2%9.7%2.3%
Return on equity21.3%22.8%23.8%22.4%15.5%2.9%16.1%17.4%18.0%4.5%
Debt / equity0.31×0.34×0.41×0.56×0.84×1.01×1.01×1.16×0.38×0.49×
Current ratio3.323.533.052.722.802.722.712.452.852.85

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.