Applied Industrial Technologies Applied Industrial Technologies (AIT) is a company that distributes industrial motion, power, control, and automation products. | Motion Motion Industries is a company that provides maintenance, repair, and operation replacement parts and services. | |||
Founding Date | Founding Date 1923 | Founding Date 1908 | Founding Date 1946 | Founding Date 1967 |
Type | Type Public | Type Public | Type Subsidiary | Type Public |
Tags | ||||
Locations | Locations Cleveland, US HQ Albury, AU Archerfield, AU Berrimah, AU Brooklyn, AU Bungalow, AU Campbellfield, AU see more | Locations Houston, US HQ Billings, US Braselton, US Commerce City, US Grand Prairie, US Houston, US Katy, US see more | Locations Birmingham, US HQ Abbotsford, CA Belleville, CA Brandon, CA Brockville, CA Burlington, CA Calgary, CA see more | Locations Winona, US HQ |
Employees | Employees 6,365 | Employees 2,8376% increase | Employees 9,439 | Employees 23,2014% increase |
Valuation ($) | Valuation ($) 8.5 b | Valuation ($) 835.2 m | Valuation ($) N/A | Valuation ($) 40.9 b |
Financial | ||||
Revenue (est.) | Revenue (est.) $4.5b (FY, 2024) | Revenue (est.) $1.7b (FY, 2023) | Revenue (est.) $8.4b (Y, 2022) | Revenue (est.) $7.3b (FY, 2023) |
Cost of goods | Cost of goods $3.1b (FY, 2024) | Cost of goods $1.2b (FY, 2023) | Cost of goods N/A | Cost of goods $4b (FY, 2023) |
Gross profit | Gross profit $1.3b (FY, 2024) | Gross profit $505.3m (FY, 2023) | Gross profit N/A | Gross profit $3.4b (FY, 2023) |
Net income | Net income $385.8m (FY, 2024) | Net income $68.8m (FY, 2023) | Net income N/A | Net income $1.2b (FY, 2023) |
Operating ⚠ | ||||
Distribution Centers | Distribution Centers N/A | Distribution Centers 4 (FY, 2022) | Distribution Centers 19 (Jan, 2024) | Distribution Centers N/A |
Facility Space Owned, sq. ft. | Facility Space Owned, sq. ft. N/A | Facility Space Owned, sq. ft. 45 k (FY, 2022) | Facility Space Owned, sq. ft. N/A | Facility Space Owned, sq. ft. 5.8 m (FY, 2023) |
Product Categories | Product Categories N/A | Product Categories 5 (FY, 2022) | Product Categories 19 (Jan, 2024) | Product Categories N/A |