Applied Industrial Technologies, Inc. (AIT)

Applied Industrial Technologies Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	4,499	4,479	4,413	3,811	3,236	3,246
Revenue Growth (YoY)	0.50%	1.51%	15.80%	17.76%	-0.30%	-6.54%
Cost of Revenue	3,135	3,143	3,126	2,704	2,300	2,308
Gross Profit	1,365	1,337	1,287	1,107	935.52	937.74
Selling, General & Admin	825.89	812.02	784.48	717.79	646.46	676.07
Operating Expenses	860.41	840.94	815.28	749.67	680.83	717.63
Operating Income	504.25	495.71	471.68	357.25	254.7	220.11
Interest Expense	-17.04	-20.54	-24.79	-26.79	-30.81	-37.26
Interest & Investment Income	18.42	17.71	3.15	0.52	0.22	0.73
Currency Exchange Gain (Loss)	0.86	1.1	-3.28	0.07	-2.09	2.46
Other Non Operating Income (Expenses)	1.97	4.15	4.24	-1.26	4.57	0.2
EBT Excluding Unusual Items	508.47	498.13	451	329.79	226.59	186.24
Merger & Restructuring Charges	-1.61	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-	-131
Asset Writedown	-	-	-	-	-49.53	-
Other Unusual Items	-	-	-1.18	-	-	-
Pretax Income	506.86	498.13	449.81	329.79	177.06	55.24
Income Tax Expense	118.22	112.37	103.07	72.38	32.31	31.19
Net Income	388.64	385.76	346.74	257.41	144.76	24.04
Net Income to Common	388.64	385.76	346.74	257.41	144.76	24.04
Net Income Growth	3.78%	11.25%	34.70%	77.83%	502.10%	-83.30%
Shares Outstanding (Basic)	38	39	39	38	39	39
Shares Outstanding (Diluted)	39	39	39	39	39	39
Shares Change (YoY)	-0.78%	0.09%	0.29%	-0.49%	0.76%	-0.41%
EPS (Basic)	10.11	9.98	8.98	6.69	3.73	0.62
EPS (Diluted)	9.98	9.83	8.84	6.58	3.68	0.62
EPS Growth	4.74%	11.20%	34.35%	78.80%	493.55%	-83.15%
Free Cash Flow	438.77	346.53	317.49	169.45	225.85	276.6
Free Cash Flow Per Share	11.26	8.83	8.10	4.33	5.75	7.09
Dividend Per Share	1.570	1.440	1.380	1.340	1.300	1.260
Dividend Growth	10.56%	4.35%	2.99%	3.08%	3.17%	3.28%
Gross Margin	30.33%	29.84%	29.16%	29.05%	28.91%	28.89%
Operating Margin	11.21%	11.07%	10.69%	9.38%	7.87%	6.78%
Profit Margin	8.64%	8.61%	7.86%	6.75%	4.47%	0.74%
Free Cash Flow Margin	9.75%	7.74%	7.20%	4.45%	6.98%	8.52%
EBITDA	561.25	548.06	524.75	410.8	309.84	282.86
EBITDA Margin	12.47%	12.23%	11.89%	10.78%	9.57%	8.71%
D&A For EBITDA	57	52.35	53.07	53.56	55.15	62.75
EBIT	504.25	495.71	471.68	357.25	254.7	220.11
EBIT Margin	11.21%	11.07%	10.69%	9.38%	7.87%	6.78%
Effective Tax Rate	23.32%	22.56%	22.91%	21.95%	18.25%	56.47%

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q