AIT financial statements

The full income statement, balance sheet, and cash-flow statement for Applied Industrial Technologies Inc. (AIT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 38.4M2024-09 38.4M2024-12 38.4M2025-03 38.1M2025-06 37.8M2025-09 37.7M2025-12 37.3M2026-03 37.0M2026-06 36.7M-4.3% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
Revenue	4.97B YoY+8.8%	4.56B YoY+1.9%	4.48B YoY+1.5%	4.41B YoY+15.8%	3.81B YoY+17.8%
	1.51B YoY+8.9%	1.38B YoY+3.5%	1.34B YoY+3.9%	1.29B YoY+16.3%	1.11B YoY+18.3%
Cost of revenue	3.46B YoY+8.8%	3.18B YoY+1.2%	3.14B YoY+0.5%	3.13B YoY+15.6%	2.70B YoY+17.5%
Selling, general & administrative	957M YoY+8.2%	885M YoY+5.2%	841M YoY+3.3%	814M YoY+8.6%	749M YoY+10.1%
Amortization of intangibles	40.1M YoY+12.6%	35.6M YoY+23.0%	28.9M YoY-6.1%	30.8M YoY-3.4%	31.9M YoY-7.2%
Provision for credit losses	4.61M YoY-22.8%	5.98M YoY+3016.1%	-205K YoY-103.6%	5.62M YoY+76.0%	3.19M YoY-51.2%
Operating income	549M YoY+10.2%	499M YoY+0.5%	496M YoY+4.8%	473M YoY+32.2%	358M YoY+74.2%
Interest expense	17.4M YoY-4.5%	18.2M YoY-11.3%	20.5M YoY-17.1%	24.8M YoY-7.4%	26.8M YoY-13.1%
Interest & investment income	9.45M YoY-46.3%	17.6M YoY-0.6%	17.7M	—	—
Net interest income	-7.94M YoY-1197.1%	-612K YoY+78.4%	-2.83M YoY+86.9%	-21.6M YoY+17.6%	-26.3M YoY+14.2%
Other non-operating income	2.74M YoY-10.1%	3.05M YoY-40.6%	5.14M YoY+402.1%	-1.70M YoY+5.8%	-1.80M YoY-182.0%
Pre-tax income	544M YoY+8.6%	501M YoY+0.6%	498M YoY+10.7%	450M YoY+36.4%	330M YoY+86.3%
Income tax	130M YoY+20.2%	108M YoY-3.9%	112M YoY+9.0%	103M YoY+42.4%	72.4M YoY+124.0%
Net income	415M YoY+5.5%	393M YoY+1.9%	386M YoY+11.3%	347M YoY+34.7%	257M YoY+77.8%
	$10.95 YoY+8.2%	$10.12 YoY+3.0%	$9.83 YoY+11.2%	$8.84 YoY+34.3%	$6.58 YoY+78.8%
EPS (basic)	$11.09 YoY+8.1%	$10.26 YoY+2.8%	$9.98 YoY+11.1%	$8.98 YoY+34.2%	$6.69 YoY+79.4%
	37.4M YoY-2.4%	38.3M YoY-1.0%	38.7M YoY+0.2%	38.6M YoY+0.3%	38.5M YoY-0.7%
	37.9M YoY-2.5%	38.8M YoY-1.1%	39.3M YoY+0.1%	39.2M YoY+0.3%	39.1M YoY-0.5%
Dividends per share	$1.99 YoY+19.9%	$1.66 YoY+15.3%	$1.44 YoY+4.3%	$1.38 YoY+3.0%	$1.34 YoY+3.1%
Balance Sheet	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
	1.58B YoY-9.7%	1.75B YoY-1.3%	1.77B YoY+7.5%	1.65B YoY+21.1%	1.36B YoY+13.6%
Cash & equivalents	127M YoY-67.3%	388M YoY-15.7%	461M YoY+33.9%	344M YoY+86.5%	184M YoY-28.4%
Cash & short-term investments	127M YoY-67.3%	388M YoY-15.7%	461M YoY+33.9%	344M YoY+86.5%	184M YoY-28.4%
Accounts receivable	831M YoY+8.0%	770M YoY+6.2%	725M YoY+2.3%	708M YoY+7.9%	656M YoY+27.1%
Inventory	509M YoY+0.7%	505M YoY+3.5%	488M YoY-2.6%	501M YoY+11.4%	450M YoY+24.1%
Other current assets	111M YoY+32.6%	84.0M YoY-12.6%	96.1M YoY+3.2%	93.2M YoY+35.4%	68.8M YoY+14.7%
	3.01B YoY-5.2%	3.18B YoY+7.6%	2.95B YoY+7.6%	2.74B YoY+11.9%	2.45B YoY+8.0%
Property, plant & equipment	132M YoY+2.7%	128M YoY+8.1%	119M YoY+3.0%	115M YoY+2.8%	112M YoY-3.2%
Operating lease right-of-use	213M YoY+13.0%	189M YoY+41.5%	133M YoY+32.4%	101M YoY-6.8%	108M YoY+24.0%
Goodwill	705M YoY+0.8%	699M YoY+12.9%	619M YoY+7.1%	578M YoY+2.7%	563M YoY+0.6%
Intangible assets	313M YoY-10.3%	349M YoY+41.8%	246M YoY+4.4%	236M YoY-6.0%	251M YoY-10.4%
Other non-current assets	68.9M YoY+8.8%	63.3M YoY-2.5%	64.9M YoY-2.9%	66.8M YoY+12.7%	59.3M YoY+80.7%
	612M YoY+16.4%	526M YoY+5.0%	501M YoY-7.3%	540M YoY+8.1%	500M YoY+16.8%
Accounts payable	341M YoY+21.8%	280M YoY+4.9%	267M YoY-11.5%	302M YoY+16.3%	259M YoY+24.6%
Short-term & current debt	—	0.00 YoY-100.0%	25.1M YoY-0.5%	25.2M YoY-37.3%	40.2M YoY-7.7%
Current lease liability	52.9M YoY+33.0%	39.8M	—	—	—
Other current liabilities	162M YoY+10.8%	146M YoY+26.3%	116M YoY+1.0%	115M YoY+5.4%	109M YoY+10.6%
	1.15B YoY-13.7%	1.33B YoY+5.4%	1.26B YoY-1.7%	1.28B YoY-1.4%	1.30B YoY-2.7%
Long-term debt	262M YoY-54.2%	572M YoY+0.0%	572M YoY-4.1%	597M YoY-8.0%	649M YoY-17.3%
Non-current lease liability	168M YoY+6.1%	159M	—	—	—
Operating lease liability (total)	221M YoY+11.5%	198M YoY+44.1%	138M YoY+32.5%	104M YoY-6.4%	111M YoY+21.1%
Other non-current liabilities	274M YoY+17.6%	233M YoY+22.6%	190M YoY+28.5%	148M YoY-4.4%	154M YoY+21.9%
	1.86B YoY+0.9%	1.84B YoY+9.2%	1.69B YoY+15.8%	1.46B YoY+26.9%	1.15B YoY+23.2%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	10.0M YoY+0.0%	10.0M YoY+0.0%	10.0M YoY+0.0%	10.0M YoY+0.0%	10.0M YoY+0.0%
Additional paid-in capital	205M YoY+2.8%	199M YoY+2.7%	194M YoY+2.7%	189M YoY+2.6%	184M YoY+3.8%
Retained earnings	2.79B YoY+13.9%	2.45B YoY+15.4%	2.12B YoY+18.4%	1.79B YoY+19.5%	1.50B YoY+15.9%
Treasury stock	1.05B YoY+45.2%	721M YoY+28.9%	559M YoY+17.1%	478M YoY+1.2%	472M YoY+3.5%
Accumulated other comprehensive income	-94.8M YoY-3.4%	-91.7M YoY-18.2%	-77.6M YoY-40.3%	-55.3M YoY+23.5%	-72.3M YoY+22.3%
Total liabilities & equity	3.01B YoY-5.2%	3.18B YoY+7.6%	2.95B YoY+7.6%	2.74B YoY+11.9%	2.45B YoY+8.0%
	54.2M YoY+0.0%	54.2M YoY+0.0%	54.2M YoY+0.0%	54.2M YoY+0.0%	54.2M YoY+0.0%
	36.8M YoY-2.8%	37.9M YoY-1.4%	38.4M YoY-0.6%	38.7M YoY+0.4%	38.5M YoY-0.0%
	36.7M YoY-2.8%	37.8M YoY-1.6%	38.4M YoY-0.8%	38.7M YoY+0.4%	38.5M YoY-0.1%
Cash Flow	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
	484M YoY-1.7%	492M YoY+32.6%	371M YoY+8.0%	344M YoY+83.4%	188M YoY-22.4%
Depreciation & amortization	65.9M YoY+9.0%	60.5M YoY+15.5%	52.4M YoY-1.4%	53.1M YoY-0.9%	53.6M YoY-2.9%
Intangible amortization	40.1M YoY+12.6%	35.6M YoY+23.0%	28.9M YoY-6.1%	30.8M YoY-3.4%	31.9M YoY-7.2%
Deferred income taxes	26.3M YoY+512.8%	-6.36M YoY-492.4%	-1.07M YoY+81.2%	-5.72M YoY-137.7%	15.2M YoY+148.8%
Change in receivables	66.4M YoY+1250.6%	4.92M YoY+155.5%	1.93M YoY-96.2%	51.1M YoY-64.9%	146M YoY+146.1%
Change in inventory	899K YoY+103.1%	-29.2M YoY-58.7%	-18.4M YoY-142.8%	43.0M YoY-53.5%	92.4M YoY+323.7%
Change in payables	56.9M YoY+2522.7%	2.17M YoY+105.5%	-39.3M YoY-204.2%	37.7M YoY-29.7%	53.6M YoY+390.9%
	-33.9M YoY+89.4%	-319M YoY-234.1%	-95.4M YoY-56.8%	-60.8M YoY-70.6%	-35.7M YoY+20.6%
Capital expenditure	23.6M YoY-13.3%	27.2M YoY+9.3%	24.9M YoY-6.1%	26.5M YoY+46.1%	18.1M YoY+14.3%
Free cash flow	461M YoY-1.0%	465M YoY+34.2%	347M YoY+9.1%	317M YoY+87.4%	169M YoY-25.0%
Acquisitions	11.4M YoY-96.1%	293M YoY+307.0%	72.1M YoY+101.5%	35.8M YoY+413.9%	6.96M YoY-77.0%
Proceeds from sale of PP&E	1.09M YoY-40.8%	1.84M YoY+219.6%	576K YoY-59.7%	1.43M YoY+29.0%	1.11M YoY-3.9%
Other investing activities	—	—	0.00	0.00 YoY-100.0%	14.8M
	-712M YoY-189.7%	-246M YoY-57.0%	-156M YoY-23.3%	-127M YoY+43.1%	-223M YoY-4.7%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	317M YoY+107.6%	153M YoY+108.3%	73.4M YoY+10149.7%	716K YoY-94.8%	13.8M YoY-65.6%
Dividends paid	72.6M YoY+14.0%	63.7M YoY+14.0%	55.9M YoY+4.6%	53.4M YoY+3.2%	51.8M YoY+2.3%
FX effect on cash	69.0K YoY+130.5%	-226K YoY+92.3%	-2.94M YoY-188.5%	3.32M YoY+254.0%	-2.15M YoY-139.4%
Net change in cash	-261M YoY-261.9%	-72.2M YoY-161.9%	117M YoY-26.9%	160M YoY+317.8%	-73.3M YoY-578.1%
Interest paid	19.0M YoY-13.2%	21.8M YoY-9.0%	24.0M YoY+6.3%	22.6M YoY+11.9%	20.2M YoY-26.7%
Income taxes paid	109M YoY+1.1%	108M YoY-7.4%	116M YoY+7.6%	108M YoY+102.8%	53.3M YoY-17.2%
Valuation Ratios	as ofJun 30 ’26	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22
Market cap	12.5B YoY+42.4%	8.78B YoY+17.2%	7.49B YoY+33.8%	5.60B YoY+51.2%	3.70B YoY+5.6%
P/E	31.0× YoY+38.6%	22.3× YoY+11.7%	20.0× YoY+23.9%	16.1× YoY+12.3%	14.4× YoY-40.6%
P/S	2.6× YoY+34.3%	1.9× YoY+15.0%	1.7× YoY+31.8%	1.3× YoY+30.6%	1.0× YoY-10.4%
P/B	6.7× YoY+41.2%	4.8× YoY+6.0%	4.5× YoY+16.9%	3.8× YoY+19.2%	3.2× YoY-14.4%
P/FCF	28.5× YoY+50.9%	18.9× YoY+3.0%	18.3× YoY+3.8%	17.6× YoY-19.3%	21.8× YoY+40.7%
	3.2% YoY-27.9%	4.5% YoY-10.4%	5.0% YoY-19.3%	6.2% YoY-10.9%	7.0% YoY+68.5%
	3.5% YoY-33.7%	5.3% YoY-3.0%	5.5% YoY-3.7%	5.7% YoY+23.9%	4.6% YoY-28.9%
	0.59% YoY-17.6%	0.71% YoY-3.8%	0.74% YoY-22.1%	0.95% YoY-31.6%	1.4% YoY-2.4%
Source filing	10-K	10-K	10-K/A	10-K	10-K

About this data

Source: AIT's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AIT filings on SEC EDGAR → Not investment advice.