Ticker
AIT

Price
131.47
Stock movement down
-0.62 (-0.47%)
Company name
Applied Industrial Technologies
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Industrial Distribution
Market cap
5.05B
Ent value
6.15B
Price/Sales
1.39
Price/Book
4.60
Div yield
1.03%
Div growth
3.34%
Growth years
11
FCF payout
32.85%
Trailing P/E
21.28
Forward P/E
19.92
PEG
1.77
EPS growth
6.30%
1 year return
33.73%
3 year return
27.67%
5 year return
15.50%
10 year return
12.66%
Last updated: 2022-12-05

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.36
Dividend yield1.03%
Payout frequencyQuarterly
Maximum yield4.00%
Average yield1.76%
Minimum yield1.03%
Discount to avg yield-70.19%
Upside potential-41.24%
Yield as % of max yield25.89%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield1.03%
Current yield distribution99.68%
Yield at 100% (Min)1.03%
Yield at 90%1.32%
Yield at 80%1.38%
Yield at 50% (Median)1.69%
Yield at 20%2.12%
Yield at 10%2.24%
Yield at 0% (Max)4.00%

Dividend per share

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Dividend per share data
Years of growth11 years
CCC statusDividend Contender
Dividend per share1.36
Payout frequencyQuarterly
Ex-div date14 Nov 2022
EPS (TTM)6.07
EPS (1y forward)6.60
EPS growth (5y)6.30%
EPS growth (5y forward)12.00%

Dividend growth

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Dividend growth data
AITS&P500
DGR MR3.03%1.24%
DGR TTM3.03%9.08%
DGR 3 years3.23%3.88%
DGR 5 years3.34%4.73%
DGR 10 years5.96%8.30%
DGR 15 years7.28%5.82%
Time since last change announced313 days
EPS growth (5y)6.30%
EPS growth (5y forward)12.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM21.68%32.85%
Average--
Forward20.61%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E21.28
Price to OCF29.37
Price to FCF32.24
Price to EBITDA13.14
EV to EBITDA15.99

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.39
Price to Book4.60
EV to Sales1.69

FINANCIALS

Per share

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Per share data
Current share count38.44M
EPS (TTM)6.07
FCF per share (TTM)4.01

Income statement

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Income statement data
Revenue (TTM)3.65B
Gross profit (TTM)1.06B
Operating income (TTM)329.74M
Net income (TTM)237.54M
EPS (TTM)6.07
EPS (1y forward)6.60

Margins

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Margins data
Gross margin (TTM)29.17%
Operating margin (TTM)9.05%
Profit margin (TTM)6.52%

Balance Sheet

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Balance Sheet data
Cash188.08M
Net receivables618.08M
Total current assets1.30B
Goodwill563.75M
Intangible assets258.50M
Property, plant and equipment0.00
Total assets2.38B
Accounts payable247.64M
Short/Current long term debt721.36M
Total current liabilities464.36M
Total liabilities1.29B
Shareholder's equity1.10B
Net tangible assets534.64M

Cash flow

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Cash flow data
Operating cash flow (TTM)172.11M
Capital expenditures (TTM)15.35M
Free cash flow (TTM)156.76M
Dividends paid (TTM)51.50M

Financial returns

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Financial returns data
Return on Equity21.63%
Return on Assets9.97%
Return on Invested Capital13.05%
Cash Return on Invested Capital8.61%

STOCK INFORMATION

Stock chart

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Stock price data
Open130.40
Daily high133.35
Daily low130.23
Daily Volume133K
All-time high132.49
1y analyst estimate120.00
Beta1.26
EPS (TTM)6.07
Dividend per share1.36
Ex-div date14 Nov 2022
Next earnings date25 Jan 2023

Downside potential

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Downside potential data
AITS&P500
Current price drop from All-time high-0.77%-14.82%
Highest price drop-67.69%-56.47%
Date of highest drop31 Mar 19999 Mar 2009
Avg drop from high-21.82%-11.46%
Avg time to new high31 days13 days
Max time to new high1757 days1805 days
COMPANY DETAILS
AIT (Applied Industrial Technologies) company logo
Marketcap
5.05B
Marketcap category
Mid-cap
Description
Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.
Employees
6008
Investor relations
SEC filings
CEO
Neil Schrimsher
Country
USA
City
Cleveland
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
MRC Global (MRC) stands to benefit from strength in its gas utility sector owing to distribution integrity upgrade programs and new home. MRC's measures to reward its shareholders are encouraging.
December 5, 2022
Applied Industrial Technologies (AIT) closed at $131.47 in the latest trading session, marking a -0.47% move from the prior day.
December 2, 2022
Emerson's (EMR) advanced technologies will enable KOHYGEN to develop a marketable hydrogen charging model to grow Korea's domestic hydrogen market.
December 2, 2022
In this article, we discuss 15 best dividend stocks for passive income. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best Divid...
December 1, 2022
General Electric's (GE) board approves the separation of its healthcare unit into a separate public company. The spun-off entity is set to be renamed GE HealthCare Technologies Inc.
December 1, 2022
Stanley Black (SWK) is grappling with weakness in the Tools & Outdoor segment, supply-chain challenges, raw material cost inflation and foreign exchange woes.
December 1, 2022
Donaldson's (DCI) Q1 earnings results reflect gains from its segments. Favorable pricing aided the margin growth.
December 1, 2022
The SELECT Synchro selective soldering helps electronics manufacturers by offering faster, more flexible, and more efficient operations compared with the traditional selective soldering solutions.
December 1, 2022
Illinois Tool (ITW) is benefiting from a diversified business model, acquired assets and impressive shareholder-friendly policies.
November 30, 2022
Tetra Tech (TTEK) to allocate funds to develop WASH services via USAID Water, Sanitation and Hygiene Finance 2 (WASH-FIN 2) activity.
November 30, 2022
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