Stocks · Industrials · Industrial - Distribution
Applied Industrial Technologies, Inc. AIT
$343.45 +1.20% Close, Oct 2, 2026 · NYSE · Market cap $12.69B
Strong trendLow risk
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +4.1%).
- The shares trade at 31.4× trailing earnings, higher than 95% of the company's own readings over the past five years.
- The stock is in an uptrend: above its 200-day average for 129 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth44Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 47%
- EPS growth (TTM, YoY)Bottom 48%
- FCF growth (TTM, YoY)Bottom 40%
- Revenue growth, 3-year CAGRBottom 46%
- Revenue growth accelerationBottom 50%
Quality77Positive
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 10%
- Gross marginTop 45%
- Operating marginTop 33%
- Cash conversion (OCF / net income)Bottom 27%
- Accruals (lower is better)Bottom 31%
- Net debt / EBITDA (lower is better)Top 28%
- Interest coverTop 5%
Value33Weak
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 41%
- Free-cash-flow yieldTop 45%
- EBITDA / enterprise valueBottom 35%
- Sales / enterprise valueBottom 41%
- P/E vs own 5-year history (lower is better)Bottom 6%
Momentum86Strong
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 36%
- 6-month returnTop 21%
- 1-year return vs S&P 500Top 29%
- Distance from 52-week highTop 12%
- Trend checklist (0–4)Top 10%
Revisions67Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 46%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyTop 40%
- Upside to consensus price targetBottom 28%
Stability90Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 8%
- Maximum drawdown, 3 yearsTop 8%
- Beta vs S&P 500 (lower is better)Bottom 48%
- Net debt / EBITDA (lower is better)Top 28%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 7.5% | 8.8% | ↑ |
| EPS growth (YoY) | 6.3% | 8.2% | ↑ |
| Gross margin | 30.3% | 30.3% | ↑ |
| Operating margin | 10.9% | 11.1% | ↑ |
| FCF margin | 10.2% | 9.2% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 8.8% | 7.5% | ↑ | Top 47% |
| EPS growth (TTM, YoY) | 8.2% | 6.3% | ↑ | Bottom 48% |
| Gross margin | 30.3% | 30.3% | ↑ | Top 45% |
| Operating margin | 11.1% | 10.9% | ↑ | Top 33% |
| Net margin | 8.3% | 8.6% | ↓ | — |
| Free-cash-flow margin | 9.2% | 10.2% | ↓ | — |
| Return on invested capital | 17.1% | — | Top 10% | |
| Revenue growth, 3-year CAGR | 4.0% | — | Bottom 46% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.16×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +2.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.65×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 69.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.57%
- Net buyback yield (TTM)
- 2.50%
- Shareholder yield
- 3.07%
- Share count change, 1 year
- -1.7%
- Share count change, 3-year CAGR
- -1.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 13, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +4.1%
- Average 2-day reaction, last 8
- -0.9%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $402.00
- Target vs current price
- +17.0%
- Analysts with a rating
- 17
- Share rating Buy or Strong Buy
- 65%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 13, 2026 | +8.6% | +1.5% | -1.7% | -9.6% | — |
| Apr 28, 2026 | +0.8% | +1.1% | +2.0% | +4.4% | +15.4% |
| Jan 27, 2026 | +1.2% | -6.8% | -4.1% | +0.3% | +2.9% |
| Oct 28, 2025 | +6.0% | -0.8% | -2.6% | -4.2% | +7.7% |
| Aug 14, 2025 | +6.5% | -1.0% | -4.8% | -2.2% | -5.8% |
| May 1, 2025 | +7.1% | -6.0% | -11.3% | -6.5% | +12.9% |
| Jan 29, 2025 | +7.7% | +0.9% | +3.1% | -2.8% | -5.2% |
| Oct 24, 2024 | +4.9% | +3.6% | +5.5% | +18.7% | +16.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 13, 2026 | $3.17 | $2.92 | +8.6% | $1.35B |
| Apr 28, 2026 | $2.65 | $2.63 | +0.8% | $1.25B |
| Jan 27, 2026 | $2.51 | $2.48 | +1.2% | $1.16B |
| Oct 28, 2025 | $2.63 | $2.48 | +6.0% | $1.20B |
| Aug 14, 2025 | $2.80 | $2.63 | +6.5% | $1.22B |
| May 1, 2025 | $2.57 | $2.40 | +7.1% | $1.17B |
| Jan 29, 2025 | $2.39 | $2.22 | +7.7% | $1.07B |
| Oct 24, 2024 | $2.36 | $2.25 | +4.9% | $1.10B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 31.4× | 20.5× | 95th | Top 41% |
| P/E (forward) | 28.5× | — | — | — |
| EV / EBITDA | 23.6× | — | — | Bottom 35% |
| EV / Sales | 2.63× | — | — | Bottom 41% |
| Free-cash-flow yield | 3.62% | — | — | Top 45% |
| Earnings yield | 3.19% | — | — | Top 41% |
P/E over the past five years
Range 15.9× – 32.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +33.1%
- Earnings per share growth (TTM)
- +8.2%
- Change in P/E multiple
- +29.6%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 129
- 50-day average slope (20 days)
- -0.6%
- 200-day average slope (20 days)
- +2.5%
- Distance from 50-day average
- +1.7%
- Distance from 200-day average
- +13.2%
- RSI (14)
- 61.8
- Relative volume
- 0.94×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 23.2%
- Volatility vs own 5-year history
- 15th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.08
- Correlation with S&P 500
- 0.57
- Current drawdown from 1-year high
- -5.1%
- Maximum drawdown, 3 years
- -26.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 26, 2024 | Apr 8, 2025 | -26.6% | 89 days | 194 days (Jan 15, 2026) |
| May 14, 2021 | Sep 20, 2021 | -21.3% | 88 days | 39 days (Nov 12, 2021) |
| May 4, 2022 | Jul 14, 2022 | -19.3% | 48 days | 20 days (Aug 11, 2022) |
| Aug 11, 2022 | Sep 26, 2022 | -18.8% | 31 days | 23 days (Oct 27, 2022) |
| Jan 19, 2021 | Jan 29, 2021 | -17.0% | 8 days | 15 days (Feb 22, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $12.69B
- P/E (TTM)
- 31.4
- EPS, diluted (TTM)
- $10.95
- Revenue (TTM)
- $4.97B
- Dividend yield
- 0.58%
- 52-week range
- $238.34 – $374.80
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $3.81B | $4.41B | $4.48B | $4.56B | $4.97B |
| Gross profit | $1.11B | $1.29B | $1.34B | $1.38B | $1.51B |
| Operating income | $357.9M | $473.2M | $495.8M | $498.5M | $549.5M |
| Net income | $257.4M | $346.7M | $385.8M | $393.0M | $414.5M |
| EPS (diluted) | $6.58 | $8.84 | $9.83 | $10.12 | $10.95 |
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.07B | $1.17B | $1.22B | $1.20B | $1.16B | $1.25B | $1.35B |
| Net income | $92.1M | $93.3M | $99.8M | $107.8M | $100.8M | $95.3M | $99.8M | $118.6M |
| EPS (diluted) | $2.36 | $2.39 | $2.57 | $2.80 | $2.63 | $2.51 | $2.65 | $3.16 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $187.6M | $344.0M | $371.4M | $492.4M | $484.1M |
| Capital expenditure | -$18.1M | -$26.5M | -$24.9M | -$27.2M | -$23.6M |
| Free cash flow | $169.4M | $317.5M | $346.5M | $465.2M | $460.5M |
| Dividends paid | -$51.8M | -$53.4M | -$55.9M | -$63.7M | -$72.6M |
| Net share buybacks | -$13.8M | -$716,000 | -$73.4M | -$152.8M | -$317.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $127.1M
- Total assets
- $3.01B
- Total liabilities
- $1.15B
- Total debt
- $483.4M
- Net debt
- $356.3M
- Shareholders’ equity
- $1.86B
As of Jun 30, 2026 (filed Aug 13, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 14, 2026 | $0.51 | Aug 31, 2026 |
| May 15, 2026 | $0.51 | May 29, 2026 |
| Feb 13, 2026 | $0.51 | Feb 27, 2026 |
| Nov 14, 2025 | $0.46 | Nov 28, 2025 |
| Aug 15, 2025 | $0.46 | Aug 29, 2025 |
| May 15, 2025 | $0.46 | May 30, 2025 |
| Feb 14, 2025 | $0.46 | Feb 28, 2025 |
| Nov 15, 2024 | $0.37 | Nov 29, 2024 |
Short interest
- Shares sold short
- 896,045
- Days to cover
- 3.52
- Change vs previous report
- +21.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 16, 2006
- 3-for-2
- Dec 20, 2004
- 3-for-2
- Sep 16, 1997
- 3-for-2
- Dec 5, 1995
- 3-for-2
- Jun 5, 1989
- 3-for-2