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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Applied Industrial Technologies, Inc. (AIT) Quarterly Financial Ratios

Last 48 quarters of trend data · Industrials · Industrial - Distribution

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Applied Industrial Technologies, Inc.'s quarterly P/E stands at 25.0x, up 14.2% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 21.1% YoY to 18.6x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
P/E Ratio →30.6725.0325.5724.8120.7521.9225.0523.6418.3719.9118.6116.1715.41
—+14.2%+2.1%+5.0%+13.0%+10.1%+34.6%+46.2%+19.2%+39.0%+21.1%+24.0%+29.5%
P/S Ratio2.512.012.112.081.831.882.171.981.641.691.581.391.23
—+7.4%-3.1%+5.3%+11.7%+10.9%+38.0%+42.5%+33.3%+37.2%+35.2%+46.7%+38.6%
P/B Ratio6.535.425.235.304.854.795.204.964.504.654.223.963.90
—+13.2%+0.5%+6.9%+7.9%+3.1%+23.3%+25.4%+15.3%+14.9%+10.7%+20.2%+19.2%
P/FCF24.6626.4326.6922.3016.2019.0525.9417.7817.0025.2717.6324.568.16
—+38.8%+2.9%+25.4%-4.7%-24.6%+47.1%-27.6%+108.3%+21.7%-20.6%-50.2%-59.0%
EV / EBITDA20.8518.5815.9217.4015.0515.3417.8617.2612.9014.7313.6311.8510.65
—+21.1%-10.9%+0.8%+16.7%+4.1%+31.1%+45.7%+21.2%+37.2%+26.9%+25.5%+22.3%
EV / EBIT23.3818.6719.6019.5714.6617.3419.8519.3312.4516.0615.2113.1311.48
—+7.7%-1.3%+1.3%+17.7%+8.0%+30.5%+47.2%+8.5%+35.5%+25.7%+22.6%+15.5%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Applied Industrial Technologies, Inc.'s operating margin was 11.0% in Q3 2026, down 1.0 pp QoQ and down 0.1 pp YoY.

Margins

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Gross Margin30.3%30.4%28.9%30.1%30.6%30.5%30.6%29.6%30.7%29.5%29.4%29.7%29.2%
—-0.1%-5.3%+1.9%-0.3%+3.2%+3.9%-0.3%+5.0%+0.3%+1.2%+2.8%+1.2%
Operating Margin10.9%11.0%12.0%10.8%11.0%11.1%11.3%10.3%12.0%10.6%10.6%11.0%11.0%
—-0.6%+6.7%+4.5%-8.1%+4.9%+5.9%-6.5%+9.6%-5.7%-0.1%+9.9%+6.4%
Net Margin8.6%8.0%8.2%8.4%8.8%8.6%8.7%8.4%8.9%8.5%8.5%8.6%8.0%
—-6.8%-5.7%+0.3%-1.3%+0.9%+2.7%-2.2%+12.0%-1.2%+11.6%+18.4%+6.8%

Return on Capital

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
ROE22.2%5.3%5.1%5.4%5.9%5.5%5.3%5.4%6.2%5.9%5.8%6.3%6.5%
—-3.1%-3.6%+1.1%-4.7%-7.1%-9.3%-14.6%-5.1%-18.3%-9.2%-3.4%-7.7%
ROA12.8%3.2%3.0%3.2%3.4%3.2%3.1%3.1%3.6%3.4%3.3%3.4%3.4%
—+0.2%-2.6%+2.5%-3.8%-6.1%-6.4%-9.5%+3.4%-8.9%+2.4%+9.4%+5.3%
ROIC18.7%5.1%5.1%4.8%5.0%4.7%4.7%4.5%5.5%5.0%4.8%5.1%5.3%
—+7.0%+9.9%+5.8%-10.3%-6.4%-2.2%-12.2%+3.6%-4.5%-1.0%+8.3%+7.2%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Applied Industrial Technologies, Inc.'s Debt/EBITDA ratio is 2.6x, down from 3.7x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 17.4% YoY to 2.95x, tightening the short-term liquidity position.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Debt / Equity0.310.200.310.300.310.310.320.340.440.360.370.400.43
—-37.3%-4.3%-10.9%-28.7%-12.4%-14.1%-15.8%+2.0%-20.6%-25.9%-23.8%-28.9%
Debt / EBITDA1.022.643.663.933.773.914.264.714.824.464.674.654.44
—-32.5%-14.2%-16.7%-21.7%-12.2%-8.8%+1.4%+8.5%+0.4%-9.2%-14.3%-21.1%
Current Ratio3.322.953.683.553.323.573.763.783.533.773.753.523.05
—-17.4%-2.2%-6.3%-6.0%-5.5%+0.4%+7.4%+15.9%+20.4%+17.8%+14.4%+12.0%
Quick Ratio2.361.972.562.502.362.512.552.742.562.702.592.442.12
—-21.7%+0.4%-8.9%-7.7%-6.9%-1.3%+12.6%+20.6%+32.3%+28.7%+22.1%+16.4%
Interest Coverage15.1256.2229.15130.4931.1128.7138.3127.859.27463.8959.7891.4217.67
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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AIT — Frequently Asked Questions

Quick answers to the most common questions about buying AIT stock.

What is Applied Industrial Technologies, Inc.'s quarterly P/E ratio trend?

Applied Industrial Technologies, Inc.'s current P/E is 30.7x. The average P/E over the last 4 quarters is 24.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Applied Industrial Technologies, Inc.'s margins change by quarter?

Applied Industrial Technologies, Inc.'s current operating margin is 10.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at AIT quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Applied Industrial Technologies, Inc.'s business trajectory between earnings reports.

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