Applied Industrial Technologies Inc financial data

Symbol
AIT on NYSE
Industry
Wholesale-Machinery, Equipment & Supplies
Location
One Applied Plaza, Cleveland, OH
State of incorporation
OH
Fiscal year end
June 30
Former names
BEARINGS INC /OH/ (to 2/11/1997)
Latest financial report
10-K/A - Q2 2024 - Sep 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 364 % +17.1%
Quick Ratio 107 % +0.75%
Debt-to-equity 74.4 % -20.2%
Return On Equity 23.7 % -8.34%
Return On Assets 13.6 % +1.57%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 38.4M shares -0.77%
Common Stock, Shares, Outstanding 38.4M shares -0.64%
Entity Public Float 6.62B USD +39.2%
Common Stock, Value, Issued 10M USD 0%
Weighted Average Number of Shares Outstanding, Basic 38.7M shares +0.21%
Weighted Average Number of Shares Outstanding, Diluted 39.3M shares +0.09%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.48B USD +1.51%
Operating Income (Loss) 496M USD +4.79%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 498M USD +10.7%
Income Tax Expense (Benefit) 112M USD +9.02%
Net Income (Loss) Attributable to Parent 386M USD +11.3%
Earnings Per Share, Basic 9.98 USD/shares +11.1%
Earnings Per Share, Diluted 9.83 USD/shares +11.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash, Cash Equivalents, and Short-term Investments 461M USD +33.9%
Accounts Receivable, after Allowance for Credit Loss, Current 725M USD +2.33%
Inventory, Net 488M USD -2.58%
Other Assets, Current 96.1M USD +3.17%
Assets, Current 1.77B USD +7.48%
Property, Plant and Equipment, Net 119M USD +3.03%
Operating Lease, Right-of-Use Asset 133M USD +32.4%
Intangible Assets, Net (Excluding Goodwill) 246M USD +4.38%
Goodwill 619M USD +7.08%
Other Assets, Noncurrent 64.9M USD -2.86%
Assets 2.95B USD +7.6%
Accounts Payable, Current 267M USD -11.5%
Employee-related Liabilities, Current 93.2M USD -5.61%
Liabilities, Current 501M USD -7.26%
Other Liabilities, Noncurrent 190M USD +28.5%
Liabilities 1.26B USD -1.69%
Accumulated Other Comprehensive Income (Loss), Net of Tax -77.6M USD -40.3%
Retained Earnings (Accumulated Deficit) 2.12B USD +18.4%
Stockholders' Equity Attributable to Parent 1.69B USD +15.8%
Liabilities and Equity 2.95B USD +7.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 66.2M USD +155%
Net Cash Provided by (Used in) Financing Activities -22.5M USD +59.5%
Net Cash Provided by (Used in) Investing Activities -25.7M USD -367%
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 54.2M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 16.4M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 461M USD +33.9%
Deferred Tax Assets, Valuation Allowance 158K USD -95.4%
Deferred Tax Assets, Gross 92.6M USD +14.2%
Operating Lease, Liability 138M USD +32.5%
Depreciation 23.4M USD +5.23%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 363M USD -0.07%
Lessee, Operating Lease, Liability, to be Paid 156M USD +37.7%
Property, Plant and Equipment, Gross 363M USD +5.55%
Lessee, Operating Lease, Liability, to be Paid, Year Two 33.4M USD +32.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 38.6M USD +12.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure +27.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18.3M USD +95.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 26.8M USD +36%
Deferred Tax Assets, Operating Loss Carryforwards 6.34M USD -6.89%
Preferred Stock, Shares Authorized 2.5M shares 0%
Unrecognized Tax Benefits 3.05M USD -36.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 19.5M USD +36.8%
Amortization of Intangible Assets 7.39M USD -4.05%
Deferred Tax Assets, Net of Valuation Allowance 92.5M USD +19.1%