Applied Industrial Technologies, Inc. (AIT)

Applied Industrial Technologies Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	4,479	4,479	4,413	3,811	3,236	3,246
Revenue Growth (YoY)	0.37%	1.51%	15.80%	17.76%	-0.30%	-6.54%
Cost of Revenue	3,131	3,143	3,126	2,704	2,300	2,308
Gross Profit	1,348	1,337	1,287	1,107	935.52	937.74
Selling, General & Admin	821.06	812.02	784.48	717.79	646.46	676.07
Operating Expenses	851.68	840.94	815.28	749.67	680.83	717.63
Operating Income	495.93	495.71	471.68	357.25	254.7	220.11
Interest Expense	-17.31	-20.54	-24.79	-26.79	-30.81	-37.26
Interest & Investment Income	19.28	17.71	3.15	0.52	0.22	0.73
Currency Exchange Gain (Loss)	1.43	1.1	-3.28	0.07	-2.09	2.46
Other Non Operating Income (Expenses)	4.39	4.15	4.24	-1.26	4.57	0.2
EBT Excluding Unusual Items	503.71	498.13	451	329.79	226.59	186.24
Merger & Restructuring Charges	-1.47	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-	-131
Asset Writedown	-	-	-	-	-49.53	-
Other Unusual Items	-	-	-1.18	-	-	-
Pretax Income	502.24	498.13	449.81	329.79	177.06	55.24
Income Tax Expense	116.18	112.37	103.07	72.38	32.31	31.19
Net Income	386.06	385.76	346.74	257.41	144.76	24.04
Net Income to Common	386.06	385.76	346.74	257.41	144.76	24.04
Net Income Growth	3.10%	11.25%	34.70%	77.83%	502.10%	-83.30%
Shares Outstanding (Basic)	39	39	39	38	39	39
Shares Outstanding (Diluted)	39	39	39	39	39	39
Shares Change (YoY)	-0.54%	0.09%	0.29%	-0.49%	0.76%	-0.41%
EPS (Basic)	10.02	9.98	8.98	6.69	3.73	0.62
EPS (Diluted)	9.88	9.83	8.84	6.58	3.68	0.62
EPS Growth	3.70%	11.20%	34.35%	78.80%	493.55%	-83.15%
Free Cash Flow	400.56	346.53	317.49	169.45	225.85	276.6
Free Cash Flow Per Share	10.25	8.83	8.10	4.33	5.75	7.09
Dividend Per Share	1.480	1.440	1.380	1.340	1.300	1.260
Dividend Growth	5.71%	4.35%	2.99%	3.08%	3.17%	3.28%
Gross Margin	30.09%	29.84%	29.16%	29.05%	28.91%	28.89%
Operating Margin	11.07%	11.07%	10.69%	9.38%	7.87%	6.78%
Profit Margin	8.62%	8.61%	7.86%	6.75%	4.47%	0.74%
Free Cash Flow Margin	8.94%	7.74%	7.20%	4.45%	6.98%	8.52%
EBITDA	548.89	548.06	524.75	410.8	309.84	282.86
EBITDA Margin	12.26%	12.23%	11.89%	10.78%	9.57%	8.71%
D&A For EBITDA	52.96	52.35	53.07	53.56	55.15	62.75
EBIT	495.93	495.71	471.68	357.25	254.7	220.11
EBIT Margin	11.07%	11.07%	10.69%	9.38%	7.87%	6.78%
Effective Tax Rate	23.13%	22.56%	22.91%	21.95%	18.25%	56.47%

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q