(AIT) Applied Industrial - Ratings and Ratios

Applied Industrial Technologies (NYSE: AIT) is a leading distributor of industrial motion, power, control, and automation solutions. With a global footprint spanning the U.S., Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica, AIT operates through two core segments: Service Center-Based Distribution and Engineered Solutions. This dual approach allows the company to cater to both the everyday needs of industrial operations and the specialized requirements of complex systems.

AITs product portfolio is extensive, covering everything from bearings, power transmission products, and fluid power components to automation technologies, safety products, and industrial rubber goods. They also provide motors, drives, pumps, valves, and filtration supplies, ensuring they meet the operational needs of machinery and equipment across various industries. Beyond distribution, AIT offers technical support, fabrication services through their rubber shops, and field crews for installations and repairs. Their customer base spans sectors like agriculture, chemicals, energy, manufacturing, and government entities, making them a critical link in industrial supply chains.

From a financial perspective, AIT has a market cap of approximately $10.7 billion, with a trailing P/E of 26.60 and a forward P/E of 27.25. The price-to-book ratio stands at 5.62, and the price-to-sales ratio is 2.25. These metrics provide insight into the companys valuation and growth expectations. AITs history dates back to 1923, and its evolution from Bearings, Inc. to Applied Industrial Technologies reflects its adaptability and expansion into new technologies and markets. For investors, AITs diversified revenue streams, strong market position, and exposure to industries with steady demand make it a notable candidate for analysis. More information can be found at https://www.applied.com.