Applied Industrial Technologies, Inc. (AIT)
Stock Price Chart
Key Info
| Market Cap | 2.45B |
| Revenue (ttm) | 3.25B |
| Net Income (ttm) | 24.04M |
| Shares Out | 38.71M |
| EPS (ttm) | 0.62 |
| PE Ratio | 102.08 |
| Forward PE | n/a |
| Dividend | $1.28 |
| Dividend Yield | 2.02% |
Stock Quote
| Trading Day | Aug 14, 2020 |
| Last Price | $63.29 |
| Previous Close | $64.15 |
| Change ($) | -0.86 |
| Change (%) | -1.34% |
| Day's Open | 63.98 |
| Day's Range | 62.73 - 63.98 |
| Day's Volume | 167,680 |
| 52-Week Range | 30.66 - 70.62 |
More Stats
| Market Cap | 2.45B |
| Enterprise Value | 3.12B |
| Earnings Date (est) | Oct 28, 2020 |
| Ex-Dividend Date | Aug 13, 2020 |
| Shares Outstanding | 38.71M |
| Float | 38.22M |
| EPS (basic) | 0.62 |
| EPS (diluted) | 0.62 |
| FCF / Share | 7.20 |
| Dividend | $1.28 |
| Dividend Yield | 2.02% |
| Earnings Yield | 0.98% |
| FCF Yield | 11.37% |
| Payout Ratio | n/a |
| Shares Short | 516,084 |
| Short Ratio | 2.98 |
| Short % of Float | 1.85% |
| Beta | 1.36 |
| PE Ratio | 102.08 |
| Forward PE | n/a |
| P/FCF Ratio | 8.79 |
| PS Ratio | 0.75 |
| PB Ratio | 3.04 |
| Revenue | 3.25B |
| Operating Income | 88.99M |
| Net Income | 24.04M |
| Free Cash Flow | 278.55M |
| Net Cash | -665.24M |
| Net Cash / Share | -17.19 |
| Gross Margin | 28.89% |
| Operating Margin | 2.74% |
| Profit Margin | 0.70% |
| FCF Margin | 8.58% |
| ROA | 6.20% |
| ROE | 2.76% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,473 | 3,073 | 2,594 | 2,519 | 2,752 | 2,460 | 2,462 | 2,375 | 2,213 | 1,893 |
| Revenue Growth | 13% | 18.49% | 2.95% | -8.44% | 11.86% | -0.09% | 3.65% | 7.35% | 16.88% | - |
| Gross Profit | 1,008 | 884 | 738 | 707 | 770 | 687 | 683 | 654 | 613 | 516 |
| Operating Income | 234 | 226 | 175 | 89.78 | 185 | 164 | 176 | 168 | 151 | 110 |
| Net Income | 144 | 142 | 134 | 29.58 | 115 | 113 | 118 | 109 | 96.76 | 65.90 |
| Shares Outstanding | 38.59 | 38.70 | 39.03 | 39.03 | 40.16 | 41.77 | 42.14 | 42.20 | 42.37 | 42.34 |
| Earnings Per Share | 3.68 | 3.61 | 3.40 | 0.75 | 2.80 | 2.67 | 2.78 | 2.54 | 2.24 | 1.54 |
| EPS Growth | 1.94% | 6.18% | 353.33% | -73.21% | 4.87% | -3.96% | 9.45% | 13.39% | 45.45% | - |
| Dividend Per Share | 1.22 | 1.18 | 1.14 | 1.10 | 1.04 | 0.96 | 0.88 | 0.80 | 0.70 | 0.60 |
| Dividend Growth | 3.39% | 3.51% | 3.64% | 5.77% | 8.33% | 9.09% | 10% | 14.29% | 16.67% | - |
| Operating Cash Flow | 181 | 147 | 165 | 162 | 157 | 110 | 111 | 90.42 | 76.84 | 184 |
| Capital Expenditures | -17.97 | -22.25 | -14.12 | -12.53 | -13.00 | -19.31 | -11.24 | -24.76 | -19.11 | -6.68 |
| Free Cash Flow | 163 | 125 | 150 | 149 | 144 | 90.80 | 100 | 65.66 | 57.74 | 178 |
| Cash & Equivalents | 108 | 54.15 | 105 | 59.86 | 69.47 | 71.19 | 73.16 | 78.44 | 91.09 | 176 |
| Total Debt | 958 | 964 | 292 | 328 | 321 | 171 | - | - | - | 75.00 |
| Net Cash / Debt | -850 | -910 | -187 | -268 | -252 | -99.52 | 73.16 | 78.44 | 91.09 | 101 |
| Assets | 2,332 | 2,286 | 1,388 | 1,312 | 1,433 | 1,334 | 1,059 | 962 | 915 | 892 |
| Liabilities | 1,435 | 1,471 | 642 | 654 | 691 | 534 | 299 | 290 | 281 | 336 |
| Book Value | 897 | 815 | 745 | 658 | 741 | 800 | 760 | 672 | 634 | 555 |
Company Profile
Company Details
| Full Name | Applied Industrial Technologies, Inc. |
| Country | United States |
| Employees | 6,471 |
| CEO | Neil A. Schrimsher |
Stock Information
| Ticker Symbol | AIT |
| Stock Exchange | New York Stock Exchange |
| Sector | Industrials |
| Industry | Industrial Distribution |
| Unique Identifier | NYSE: AIT |
Description
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and designs and assembles hydraulic and electro-hydraulic power units and control systems, electronic control systems, pneumatic and electro-pneumatic panels and sub-assemblies, fabricated aluminum assemblies, lubrication systems, hydraulic manifolds, and pump assemblies, as well as provides equipment repair services. It also operates fabricated rubber shops that modify and repair conveyor belts, as well as offer hose assemblies; and rubber service field crews to install and repair conveyor belts and rubber lining at customer locations. In addition, the company rebuilds or assembles speed reducers, pumps, valves, cylinders, and electric and hydraulic motors, as well as custom machining products; and offers technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.