Applied Industrial Technologies, Inc.
AIT

$10.22 B
Marketcap
$265.74
Share price
Country
$5.50
Change (1 day)
$276.97
Year High
$155.47
Year Low

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. 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.

marketcap

P/E ratio for Applied Industrial Technologies, Inc. (AIT)

P/E ratio as of 2024: 19.07

According to Applied Industrial Technologies, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.07. At the end of 2023 the company had a P/E ratio of 16.12.

P/E ratio history for Applied Industrial Technologies, Inc. from 1986 to 2024

PE ratio at the end of each year

Year P/E ratio
2024 19.07
2023 16.12
2022 14.37
2021 24.38
2020 100.32
2019 16.38
2018 19.19
2017 17.20
2016 59.91
2015 14.04
2014 18.86
2013 17.66
2012 14.28
2011 15.62
2010 16.26
2009 19.71
2008 10.84
2007 14.97
2006 15.01
2005 17.25
2004 18.36
2003 20.10
2002 138.86
2001 13.25
2000 10.78
1999 20.45
1998 14.69
1997 16.44
1996 14.14
1995 13.92
1994 18.82
1993 17.66
1992 -73.48
1991 38.06
1990 13.03
1989 10.77
1988 14.08
1987 24.91
1986 71.90