Applied Industrial Technologies Overview

  • Founded
  • 1923

Founded
  • Status
  • Public

  • Employees
  • 6,008

Employees
  • Stock Symbol
  • AIT

Stock Symbol
  • Investments
  • 43

  • Share Price
  • $118.89

  • (As of Thursday Closing)

Applied Industrial Technologies General Information

Description

Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.

Contact Information

Website
www.applied.com
Formerly Known As
Bearings, Inc, The Ohio Ball Bearing Company
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Machinery (B2B)
Other Industries
Industrial Supplies and Parts
Stock Exchange
NYS
Primary Office
  • 1 Applied Plaza
  • Cleveland, OH 44115
  • United States
+1 (877) 000-0000

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Applied Industrial Technologies Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$118.89 $106.04 $80.92 - $121.20 $4.08B 38.4M 186K $6.16

Applied Industrial Technologies Financials Summary

In Thousands,
USD
TTM 31-Mar-2022 FY 2021 30-Jun-2021 FY 2020 30-Jun-2020 FY 2019 30-Jun-2019
EV 4,514,551 4,086,568 3,192,866 3,308,981
Revenue 3,645,105 3,235,919 3,245,652 3,472,739
EBITDA 384,478 262,799 154,520 296,788
Net Income 237,545 144,757 24,042 143,993
Total Assets 2,383,571 2,271,807 2,283,551 2,331,697
Total Debt 721,363 828,380 933,789 957,886
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Applied Industrial Technologies Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Applied Industrial Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations m
Machinery (B2B)
Cleveland, OH
6,008 As of 2022
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Houston, TX
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000000000 (000)
Mississauga, Canada
0000 As of 0000
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Applied Industrial Technologies Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DXP Enterprises Corporation Houston, TX 0000 000000 - 000
00000 Corporation Mississauga, Canada 0000 00000000
000000000000000 Formerly PE-Backed Omaha, NE 0000 000.00 000000&0
0000000 0000000000 Corporation Vancouver, Canada 00000 00000000
000000000 Corporation Dayton, OH 0000
You’re viewing 5 of 16 competitors. Get the full list »

Applied Industrial Technologies Patents

Applied Industrial Technologies Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20190136877-A1 Hydraulic braking emergency utilization for steering, braking, charging accumulators(s), and/or work functions to reduce or prevent engine from overspeed, assist acceleration and/or unlimited towing Granted 08-Nov-2017 000000000
US-11156237-B2 Hydraulic braking emergency utilization for steering, braking, charging accumulator(s), and/or work functions to reduce or prevent engine from overspeed, assist acceleration and/or unlimited towing Active 08-Nov-2017 000000000
US-20210310502-A1 Hydraulic braking energy utilization for emergency steering, braking, charging accumulator(s), and/or work functions to reduce or prevent engine from overspeed, assist acceleration and/or unlimited towing Pending 08-Nov-2017 000000000
US-20200088087-A1 Fan speed control algorithm for engine cooling Pending 09-May-2017 000000000
US-20180328261-A1 Fan speed control system for engine cooling Pending 09-May-2017 F01P7/044
To view Applied Industrial Technologies’s complete patent history, request access »

Applied Industrial Technologies Executive Team (22)

Name Title Board Seat Contact Info
Neil Schrimsher Chief Executive Officer & Board Member
David Wells Chief Financial Officer, Finance & Treasurer, Finance
Warren Hoffner General Manager & Vice President
Christopher Macey Chief Accounting Officer, Accounting & Controller, Finance
Chris Harris Director, Corporate Development
You’re viewing 5 of 22 executive team members. Get the full list »

Applied Industrial Technologies Board Members (11)

Name Representing Role Since
000 00000000000 Applied Industrial Technologies Board Member 000 0000
000 00000 Applied Industrial Technologies Board Member 000 0000
0000000 0000000 Applied Industrial Technologies Independent Director & Board Member 000 0000
0000 0000 Self Board Member 000 0000
0000 0000000000 Applied Industrial Technologies Chief Executive Officer & Board Member 000 0000
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Applied Industrial Technologies Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Applied Industrial Technologies Acquisitions (43)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0.0. 000000 0 18-Aug-2021 0000000000 00.000 IT Consulting and Outsourcing 0000 0000
000000 000000 31-Dec-2020 0000000000 000.00 Other Commercial Products 0000 0000
00000000 0000 05-Oct-2020 0000000000 000.00 Industrial Supplies and Parts 0000 0000
0000000 00000 21-Aug-2019 0000000000 000.00 Industrial Supplies and Parts
MilRoc Distribution 04-Mar-2019 Merger/Acquisition 0000 Oil and Gas Equipment
You’re viewing 5 of 43 acquisitions. Get the full list »

Applied Industrial Technologies Subsidiaries (30)

Company Name Industry Location Founded
Olympus Controls Industrial Supplies and Parts Tualatin, OR 2019
0000000 00 000000 Distributors/Wholesale Cleveland, OH 0000
0000000 0000000000 Industrial Supplies and Parts Strongsville, OH 0000
0000000 0000000000 Industrial Supplies and Parts Saskatoon, Canada 0000
00000000 000000000 Energy Exploration Greeley, CO 0000
You’re viewing 5 of 30 subsidiaries. Get the full list »

Applied Industrial Technologies Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 00000 000000 29-Aug-2008 000000000000000000 00000 Completed
  • 0000000 0000000000
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