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Applied Indl Technologies Stock Price, News & Analysis

AIT NYSE

Company Description

Overview of Applied Industrial Technologies Inc (AIT)

Applied Industrial Technologies Inc (AIT) stands out as a comprehensive industrial distributor and engineering services provider with a robust presence in both the maintenance, repair, and operations (MRO) and original equipment manufacturing (OEM) markets. Specializing in industrial distribution, the company provides a wide-ranging assortment of parts—including bearings, power transmission components, fluid power systems, industrial rubber products, and linear motion components—that serve myriad applications across diverse industrial sectors. Keywords such as industrial distribution, engineering design, and fluid power underscore its operational focus and market expertise.

Core Business Segments

The company operates through two primary segments. The first is its Service Center Based Distribution, which is pivotal for supplying essential parts and maintenance supplies to MRO and OEM customers. This segment is distinguished by a vast inventory that meets the technical and operational requirements of a range of industries.

The second segment, Engineered Solutions, offers integrated services that include engineering, design, and customized system integration. These solutions are tailored to industrial and fluid power applications and provide customers with problem-solving approaches that enhance operational efficiency and productivity.

Integrated Services and Value-Added Solutions

Beyond traditional distribution, Applied Industrial Technologies enhances its value proposition through a variety of supplementary services. The company’s engineering and design teams offer custom solutions that seamlessly integrate multiple components into coherent systems. Additionally, its maintenance training and inventory management programs empower clients by streamlining asset management and operational upkeep, ensuring that customer systems perform reliably in demanding environments.

Market Position and Operational Reach

With an extensive network of service centers and well-equipped distribution facilities, Applied Industrial Technologies has established an influential presence primarily across North America, while also serving customers in international markets. The geographic diversity helps mitigate regional market risks and underscores the company’s capability to meet industry demands on a broad scale.

Industry Significance and Competitive Differentiators

The company is uniquely positioned in the industrial marketplace due to its dual focus on product distribution and engineered solutions. This combination allows it to serve both standardized parts needs and complex, custom applications. Its operational model is supported by:

  • Extensive Inventory: Offering millions of parts ensures that customers find the components they require, whether for immediate maintenance needs or long-term project specifications.
  • Customized Engineering Services: Tailored solutions that address specific industrial challenges, particularly in fluid power applications and mechanical integration.
  • Comprehensive Service Network: A broad network of facilities ensures operational efficiency, rapid delivery, and localized support for a wide range of clients.

This blend of distribution and engineering services creates a resilient business model that not only meets immediate operational needs but also enhances industrial efficiencies with technical expertise and thoughtful integration of systems and components.

Strategic Business Model and Operational Efficiency

Applied Industrial Technologies initiates a strategic approach where a deep understanding of customer operations informs every stage of its service delivery. The company adopts a meticulous approach to inventory management, ensuring that customers are provided with timely solutions, while its engineering and design services are geared towards solving complex operational challenges. These integrated capabilities enable the company to sustain its relevance in a competitive industrial environment.

Commitment to Expertise and Authoritativeness

The company continuously demonstrates its commitment to expertise through a focus on technical proficiency and operational reliability. By combining significant industry expertise with a proactive approach to integrated service offerings, Applied Industrial Technologies underpins its market position with robust operational capabilities, meticulous inventory management, and a deep understanding of industrial practices. This commitment ensures that every service and product offered is designed to meet rigorous industry standards.

Conclusion

In essence, Applied Industrial Technologies Inc (AIT) bridges the gap between an expansive industrial materials supply network and advanced, customized engineering solutions. Its ability to serve both immediate and complex industrial requirements makes it an integral partner in the maintenance, repair, and operations market, as well as in original equipment manufacturing. The company’s comprehensive approach and strategic service delivery model underscore its role as a key player in the industrial distribution and engineered solutions space, delivering consistent value and reinforcing its stature as a reliable industry resource.

Stock Performance

$—
0.00%
0.00
Last updated:
40.57 %
Performance 1 year
$8.3B
Market Cap
38.4M
Shares outstanding

SEC Filings

No SEC filings available for Applied Indl Technologies.

Financial Highlights

$1,073,001,000
Revenue (TTM)
$93,290,000
Net Income (TTM)
$2.39
Diluted EPS (TTM)
$95,137,000
Operating Cash Flow
8.69%
Net Profit Margin
11.26%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Applied Indl Technologies (AIT)?

The current stock price of Applied Indl Technologies (AIT) is $239.13 as of April 24, 2025.

What is the market cap of Applied Indl Technologies (AIT)?

The market cap of Applied Indl Technologies (AIT) is approximately 8.3B.

What is the revenue (TTM) of Applied Indl Technologies (AIT) stock?

The trailing twelve months (TTM) revenue of Applied Indl Technologies (AIT) is $1,073,001,000.

What is the net income of Applied Indl Technologies (AIT)?

The trailing twelve months (TTM) net income of Applied Indl Technologies (AIT) is $93,290,000.

What is the earnings per share (EPS) of Applied Indl Technologies (AIT)?

The diluted earnings per share (EPS) of Applied Indl Technologies (AIT) is $2.39 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Applied Indl Technologies (AIT)?

The operating cash flow of Applied Indl Technologies (AIT) is $95,137,000.

What is the profit margin of Applied Indl Technologies (AIT)?

The net profit margin of Applied Indl Technologies (AIT) is 8.69%.

What is the operating margin of Applied Indl Technologies (AIT)?

The operating profit margin of Applied Indl Technologies (AIT) is 11.26%.

What is the gross margin of Applied Indl Technologies (AIT)?

The gross profit margin of Applied Indl Technologies (AIT) is 30.57%.

What is the current ratio of Applied Indl Technologies (AIT)?

The current ratio of Applied Indl Technologies (AIT) is 3.76, indicating the company's ability to pay short-term obligations.

What is the gross profit of Applied Indl Technologies (AIT)?

The gross profit of Applied Indl Technologies (AIT) is $328,050,000 on a trailing twelve months (TTM) basis.

What is the operating income of Applied Indl Technologies (AIT)?

The operating income of Applied Indl Technologies (AIT) is $120,870,000.

What is the core business of Applied Industrial Technologies Inc (AIT)?

The company primarily operates as an industrial distributor and offers engineering design and system integration services for MRO and OEM markets.

Which industry segments does AIT serve?

AIT serves a wide array of industries by providing critical parts such as bearings, fluid power components, industrial rubber products, and more, catering both to maintenance and original equipment manufacturing sectors.

How does AIT generate its revenue?

The company generates revenue through its dual business segments: Service Center Based Distribution of industrial parts and Engineered Solutions that offer engineering, design, and customized system integration services.

What value-added services does Applied Industrial Technologies provide?

Besides offering a vast selection of industrial parts, the company provides engineering services, maintenance training, inventory management solutions, and customized system integration to add operational value for its customers.

How is AIT positioned within the industrial distribution market?

AIT is well-positioned with an extensive service network that leverages comprehensive inventory management and tailored engineering services to serve diverse industrial needs organization-wide.

What distinguishes AIT's engineered solutions from standard product offerings?

Its engineered solutions combine technical expertise with customer-specific requirements to design and integrate customized systems, ensuring that operational challenges are met with innovative and efficient approaches.

Which geographic markets does AIT primarily serve?

The company has a strong presence in North America, particularly in the United States, while also extending its services to Canada and other international markets.

How does AIT maintain its expertise and operational reliability?

Through a robust network of service centers, diligent inventory management, and a dedicated engineering team, AIT remains committed to high standards of technical expertise and operational efficiency.