Applied Industrial Technologies, Inc. (AIT)

Applied Industrial Technologies Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	4,563	4,479	4,413	3,811	3,236
Revenue Growth (YoY)	1.88%	1.51%	15.80%	17.76%	-0.30%
Cost of Revenue	3,180	3,143	3,126	2,704	2,300
Gross Profit	1,383	1,337	1,287	1,107	935.52
Selling, General & Admin	847.59	812.02	783.3	717.79	646.46
Operating Expenses	883.17	840.94	814.1	749.67	680.83
Operating Income	499.99	495.71	472.87	357.25	254.7
Interest Expense	-18.21	-20.54	-24.79	-26.79	-30.81
Interest & Investment Income	17.6	17.71	3.15	0.52	0.22
Currency Exchange Gain (Loss)	-0.53	1.1	-3.28	0.07	-2.09
Other Non Operating Income (Expenses)	3.72	4.15	3.05	-1.26	4.57
EBT Excluding Unusual Items	502.58	498.13	451	329.79	226.59
Merger & Restructuring Charges	-1.61	-	-	-	-
Asset Writedown	-	-	-	-	-49.53
Other Unusual Items	-	-	-1.18	-	-
Pretax Income	500.97	498.13	449.81	329.79	177.06
Income Tax Expense	107.98	112.37	103.07	72.38	32.31
Net Income	392.99	385.76	346.74	257.41	144.76
Net Income to Common	392.99	385.76	346.74	257.41	144.76
Net Income Growth	1.87%	11.25%	34.70%	77.83%	502.10%
Shares Outstanding (Basic)	38	39	39	38	39
Shares Outstanding (Diluted)	39	39	39	39	39
Shares Change (YoY)	-1.12%	0.09%	0.29%	-0.49%	0.76%
EPS (Basic)	10.26	9.98	8.98	6.69	3.73
EPS (Diluted)	10.12	9.83	8.84	6.58	3.68
EPS Growth	2.95%	11.20%	34.35%	78.80%	493.55%
Free Cash Flow	465.2	346.53	317.49	169.45	225.85
Free Cash Flow Per Share	11.98	8.83	8.10	4.33	5.75
Dividend Per Share	1.660	1.440	1.380	1.340	1.300
Dividend Growth	15.28%	4.35%	2.99%	3.08%	3.17%
Gross Margin	30.31%	29.84%	29.16%	29.05%	28.91%
Operating Margin	10.96%	11.07%	10.72%	9.38%	7.87%
Profit Margin	8.61%	8.61%	7.86%	6.75%	4.47%
Free Cash Flow Margin	10.19%	7.74%	7.20%	4.45%	6.98%
EBITDA	560.47	548.06	525.94	410.8	309.84
EBITDA Margin	12.28%	12.23%	11.92%	10.78%	9.57%
D&A For EBITDA	60.48	52.35	53.07	53.56	55.15
EBIT	499.99	495.71	472.87	357.25	254.7
EBIT Margin	10.96%	11.07%	10.72%	9.38%	7.87%
Effective Tax Rate	21.55%	22.56%	22.91%	21.95%	18.25%

Updated Aug 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q