Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center and Engineered Solutions. The Service Center segment distributes industrial bearings, power transmission, fluid power components and systems, specialty flow control, and advanced factory automation solutions, as well as general maintenance products; and motors, belting, drives, couplings, pumps, linear motion, hydraulic and pneumatic components, filtration supplies, hoses, and other related supplies. It also installs, modifies, and repairs conveyor belts and rubber linings, as well as hose assemblies. The Engineered Solutions segment is involved in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies; and provision of fluid power and industrial flow control products. Its fluid power products and solutions are used in off-highway mobile equipment, stationary industrial equipment and machines, marine and offshore equipment, factory automation, food processing equipment, packaging operations, and downstream energy process systems. This segment also offers pumps, valves, fittings, hoses, process instrumentation, actuators, and filtration supplies; and advanced automation technologies for the design, engineering, assembly, integration, and distribution of machine vision, collaborative robots, mobile robots, radio-frequency identification, industrial networking, motion control, and machine learning technologies for OEMs, machine builders, integrators, and other industrial and technology sectors. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Strategic Expansion | Explore Applied Industrial Technologies' acquisition-driven growth strategy, focusing on bolt-on opportunities in the Engineered Solutions segment and Discrete Automation markets. |
Financial Resilience | Discover AIT's robust financial health, with a 3.11 score, strong balance sheet, and 55-year dividend streak, positioning it for future investments and shareholder returns. |
Market Dynamics | Delve into AIT's navigation of industrial sector challenges, including tariff changes and interest rate impacts, while capitalizing on improving order trends and end-market growth. |
Analyst Projections | Learn about AIT's potential for mid to high-teens EBITDA margins and 2027 earnings exceeding $13 per share, with analyst price targets ranging from $275 to $325 by 2025. |
Metrics to compare | AIT | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipAITPeersSector | |
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P/E Ratio | 25.8x | 21.8x | 12.7x | |
PEG Ratio | 8.69 | −4.28 | 0.03 | |
Price/Book | 5.5x | 4.2x | 1.4x | |
Price / LTM Sales | 2.2x | 1.1x | 1.3x | |
Upside (Analyst Target) | 12.4% | 0.6% | 14.6% | |
Fair Value Upside | Unlock | 8.3% | 5.0% | Unlock |