Applied Indust…
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Applied Industrial Technologies

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    Applied Industrial Technologies distributes industrial products internationally. The Company operates in two segments, Service Center Based Distribution, and Fluid Power and Flow Control. It distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies. Applied Industrial Technologies also operates fabricated rubber shops that modify and repair conveyor belts, as well as provide hose assemblies.
    Revenue(FY, 2018)
    $3.1 B
    Market capitalization(2018-12-12)
    $2.3 B

    Employee Rating

    2.8More
    TypePublic
    HQCleveland, US
    Founded1923
    Size (employees)6,634 (est)
    Websiteapplied.com
    Applied Industrial Technologies was founded in 1923 and is headquartered in Cleveland, US
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    Key People/Management at Applied Industrial Technologies

    Rob Onorato

    Rob Onorato

    COO
    David Wells

    David Wells

    VP, CFO & Treasurer
    Kurt Loring

    Kurt Loring

    Chro
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    Applied Industrial Technologies Office Locations

    Applied Industrial Technologies has offices in Cleveland, Salt Lake City, Newark, San Angelo and in 3 other locations
    Cleveland, (HQ)
    1 Applied Plaza
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    Applied Industrial Technologies Financials and Metrics

    Applied Industrial Technologies Revenue

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    Applied Industrial Technologies's revenue was reported to be $3.07 b in FY, 2018 which is a 18.5% increase from the previous period.
    USD

    Revenue (Q1, 2019)

    		864.5m

    Gross profit (Q1, 2019)

    		251.9m

    Gross profit margin (Q1, 2019), %

    		29.1%

    Net income (Q1, 2019)

    		48.9m

    EBIT (Q1, 2019)

    		66.3m

    Market capitalization (12-Dec-2018)

    		2.3b

    Closing stock price (12-Dec-2018)

    		59.3

    Cash (30-Sep-2018)

    		56.4m

    EV

    		3.2b
    Applied Industrial Technologies's current market capitalization is $2.3 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Revenue

    		21.8m24.1m2.5b2.6b3.1b

    Revenue growth, %

    		10%10360%3%18%

    Cost of goods sold

    		1.8b2.0b1.8b1.9b2.2b

    Gross profit

    		(1.8b)(2.0b)707.4m737.7m884.0m
    Quarterly
    USDQ2, 2018Q3, 2018Q1, 2019

    Revenue

    		1.3b2.2b864.5m

    Cost of goods sold

    		967.1m1.6b612.7m

    Gross profit

    		380.8m620.3m251.9m

    Gross profit Margin, %

    		28%29%29%
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Cash

    		71.2m69.5m59.9m105.1m54.2m

    Accounts Receivable

    		390.9m548.8m

    Inventories

    		335.7m362.4m338.2m345.1m422.1m

    Current Assets

    		836.1m859.3m781.6m882.5m1.1b
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

    Cash

    		76.9m66.6m69.1m52.0m33.2m55.2m64.0m55.6m62.9m58.0m62.9m67.3m77.8m85.3m43.5m56.4m

    Inventories

    		302.4m323.3m320.0m367.3m401.5m381.1m350.8m359.7m347.0m342.0m349.0m344.7m365.0m386.9m432.4m431.7m

    Current Assets

    		733.7m750.5m774.5m874.8m877.8m886.0m813.9m780.8m803.8m777.4m782.4m836.1m876.9m903.5m1.1b1.1b

    Goodwill

    		107.0m111.4m111.2m259.2m260.3m252.7m248.6m249.3m199.2m205.5m204.0m205.3m209.8m209.0m629.8m647.5m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

    Net Income

    		112.8m115.5m29.6m133.9m141.6m

    Depreciation and Amortization

    		16.0m15.3m17.8m

    Inventories

    		(29.0m)25.1m(3.6m)(33.4m)

    Accounts Payable

    		21.4m(28.6m)32.1m50.3m
    Quarterly
    USDQ1, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

    Net Income

    		26.8m83.1m33.7m64.7m101.3m48.9m

    Inventories

    		367.3m401.5m381.1m350.8m359.7m347.0m342.0m349.0m344.7m

    Accounts Payable

    		145.6m150.9m143.9m142.6m114.8m134.9m149.0m137.5m150.3m

    Cash From Operating Activities

    		17.0m44.3m9.4m21.2m47.9m11.8m
    show all
    USDY, 2018

    EV/EBIT

    		48.5 x

    EV/CFO

    		272.6 x

    Debt/Equity

    		1.1 x

    Debt/Assets

    		0.4 x

    Financial Leverage

    		2.6 x
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    Applied Industrial Technologies Revenue Breakdown

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    Applied Industrial Technologies revenue breakdown by business segment: 23.7% from Fluid Power & Flow Control and 76.3% from Service Center Based Distribution

    Applied Industrial Technologies revenue breakdown by geographic segment: 85.1% from United States, 6.0% from Other Countries and 8.9% from Canada

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    Competitors

    DistributionNOW
    Energy & Utilities - Public
    Park-Ohio Holdings
    Manufacturing & Industrial - Public
    Fastenal
    Real Estate & Construction - Public
    Graybar Electric
    Retail - Private
    DXP Enterprises
    Retail - Public
    W.W. Grainger
    Retail - Public
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    Applied Industrial Technologies Online and Social Media Presence

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    Applied Industrial Technologies News and Updates

    November 05, 2018

    Applied Industrial Technologies Acquires Fluid Power Sales

    Strengthens Fluid Power Market Leadership Capabilities
    October 31, 2018

    Applied Industrial Technologies Reports Fiscal 2019 First Quarter Results

    CLEVELAND, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today reported first quarter fiscal 2019 sales and earnings for the three months ended September 30, 2018.
    October 09, 2018

    Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 31, 2018

    CLEVELAND, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2019 first quarter financial results on Wednesday, October 31, 2018, before the market opens. The Company’s fiscal 2019 first quarter ended September 30, 2018.
    September 13, 2018

    Applied Industrial Technologies Recognized as a Best Workplace for Top Talent

    Receives 2018 NorthCoast 99 Award Receives 2018 NorthCoast 99 Award
    August 10, 2018

    Applied Industrial Technologies Reports Fiscal 2018 Fourth Quarter and Year-End Results

    CLEVELAND, Aug. 10, 2018 (GLOBE NEWSWIRE) -- Applied Industrial Technologies (NYSE: AIT) today reported results for its fourth quarter and fiscal 2018 year ended June 30, 2018.
    April 26, 2018

    Applied Industrial Technologies, Inc. 2018 Q3 - Results - Earnings Call Slides

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    Applied Industrial Technologies Company Life and Culture

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     Applied Industrial Technologies Frequently Asked Questions

    • When was Applied Industrial Technologies founded?

      Applied Industrial Technologies was founded in 1923.

    • Who are Applied Industrial Technologies key executives?

      Applied Industrial Technologies's key executives are Rob Onorato, David Wells and Kurt Loring.

    • How many employees does Applied Industrial Technologies have?

      Applied Industrial Technologies has 6,634 employees.

    • What is Applied Industrial Technologies revenue?

      Latest Applied Industrial Technologies annual revenue is $3.1 b.

    • What is Applied Industrial Technologies revenue per employee?

      Latest Applied Industrial Technologies revenue per employee is $463.3 k.

    • Who are Applied Industrial Technologies competitors?

      Competitors of Applied Industrial Technologies include DistributionNOW, Park-Ohio Holdings and Fastenal.

    • Where is Applied Industrial Technologies headquarters?

      Applied Industrial Technologies headquarters is located at 1 Applied Plaza, Cleveland.

    • Where are Applied Industrial Technologies offices?

      Applied Industrial Technologies has offices in Cleveland, Salt Lake City, Newark, San Angelo and in 3 other locations.

    • How many offices does Applied Industrial Technologies have?

      Applied Industrial Technologies has 7 offices.