Applied Industrial Technologies, Inc. (AIT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.58B | 1.75B | 1.77B | 1.75B | 1.69B | 1.61B | 1.81B | 1.77B | 1.77B | 1.68B | 1.64B | 1.65B | 1.51B | 1.42B | 1.39B | 1.36B | 1.3B | 1.14B | 1.21B | 1.2B |
| Cash & Short-Term Investments | 171.58M | 405.99M | 418.72M | 388.42M | 352.84M | 303.44M | 538.52M | 460.62M | 456.53M | 412.86M | 360.42M | 344.04M | 182.13M | 165.54M | 147.57M | 184.47M | 188.08M | 154.84M | 247.31M | 257.75M |
| Cash Only | 171.58M | 405.99M | 418.72M | 388.42M | 352.84M | 303.44M | 538.52M | 460.62M | 456.53M | 412.86M | 360.42M | 344.04M | 182.13M | 165.54M | 147.57M | 184.47M | 188.08M | 154.84M | 247.31M | 257.75M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 792.85M | 721.98M | 765.73M | 769.7M | 754.64M | 696.24M | 691.51M | 737.53M | 725.32M | 659.2M | 694.92M | 708.39M | 705.64M | 654.51M | 674.14M | 656.43M | 618.08M | 520.13M | 530.82M | 516.32M |
| Days Sales Outstanding | 54.47 | 58.84 | 58.88 | 56.63 | 55.96 | 59.49 | 59.82 | 57.35 | 54.95 | 57.83 | 58.94 | 55.56 | 54.07 | 57.64 | 57.61 | 54.63 | 52.23 | 55.13 | 54.02 | 52.13 |
| Inventory | 526.32M | 529M | 521.67M | 505.34M | 500.56M | 518.04M | 497.57M | 488.26M | 503.91M | 520.15M | 507.64M | 501.18M | 526.98M | 523.02M | 490.1M | 449.82M | 425.37M | 399.76M | 377.98M | 362.55M |
| Days Inventory Outstanding | 54.55 | 58.48 | 56.37 | 53.85 | 56.49 | 62.71 | 58.6 | 56.12 | 57.66 | 62.2 | 60.26 | 57.08 | 59.14 | 61.99 | 57.22 | 52.76 | 53.55 | 57.77 | 53.53 | 51.82 |
| Other Current Assets | 90.46M | 91.49M | 59.17M | 84.02M | 83.31M | 96.97M | 81.95M | 83.5M | 81.92M | 89.79M | 81.29M | 93.19M | 92M | 79.18M | 78.69M | 68.81M | 63.5M | 68.88M | 54.45M | 59.96M |
| Total Non-Current Assets | 1.41B | 1.41B | 1.42B | 1.43B | 1.42B | 1.43B | 1.19B | 1.18B | 1.09B | 1.1B | 1.11B | 1.1B | 1.1B | 1.1B | 1.08B | 1.09B | 1.09B | 1.08B | 1.09B | 1.08B |
| Property, Plant & Equipment | 309.87M | 311.36M | 315.26M | 316.81M | 318.14M | 320.65M | 264.1M | 251.82M | 210.89M | 218.22M | 215.85M | 215.72M | 217.34M | 218.59M | 213.58M | 219.95M | 206.22M | 203.11M | 208.29M | 202.7M |
| Fixed Asset Turnover | 4.03x | 3.71x | 3.80x | 3.86x | 3.65x | 3.67x | 4.26x | 5.02x | 5.34x | 4.96x | 5.08x | 5.35x | 5.19x | 4.91x | 4.90x | 4.98x | 4.79x | 4.26x | 4.34x | 4.44x |
| Goodwill | 705M | 701.42M | 699.86M | 699.37M | 694.19M | 686.15M | 624.22M | 619.39M | 588.71M | 589.36M | 586.48M | 578.42M | 577.24M | 572.32M | 561.48M | 563.21M | 563.75M | 562.81M | 562.79M | 560.08M |
| Intangible Assets | 322.69M | 328.79M | 338.89M | 348.6M | 350.95M | 360.75M | 242.74M | 245.87M | 220.84M | 227.83M | 237.1M | 235.55M | 243.13M | 246.74M | 242.74M | 250.59M | 258.5M | 266.31M | 274.41M | 279.63M |
| Long-Term Investments | 0 | 28.4M | 27.62M | 25.63M | 23.42M | 24.77M | 24.36M | 22.52M | 22.41M | 20.89M | 18.73M | 18.64M | 17.39M | 16.75M | 15.41M | 15.32M | 17.67M | 18.2M | 16.88M | 16.84M |
| Other Non-Current Assets | 69.95M | 40.89M | 38.54M | 37.66M | 37.61M | 37.63M | 38.24M | 42.41M | 44.41M | 65.36M | 66.82M | 66.84M | 64.18M | 63.01M | 65.88M | 59.32M | 60.06M | 49.86M | 47.12M | 32.83M |
| Total Assets | 2.99B | 3.16B | 3.19B | 3.18B | 3.12B | 3.04B | 3B | 2.95B | 2.85B | 2.78B | 2.75B | 2.74B | 2.61B | 2.52B | 2.47B | 2.45B | 2.38B | 2.23B | 2.3B | 2.27B |
| Asset Turnover | 0.41x | 0.37x | 0.38x | 0.39x | 0.38x | 0.35x | 0.37x | 0.40x | 0.41x | 0.39x | 0.40x | 0.43x | 0.44x | 0.42x | 0.43x | 0.44x | 0.43x | 0.39x | 0.39x | 0.39x |
| Asset Growth % | -4.07% | 3.77% | 6.07% | 7.58% | 9.13% | 9.41% | 9.19% | 7.6% | 9.44% | 10.3% | 11.17% | 11.85% | 9.44% | 13.35% | 7.42% | 7.96% | 3.39% | -0.68% | 2.4% | -0.51% |
| Total Current Liabilities | 536.62M | 475.48M | 497.75M | 526.15M | 474.19M | 429.44M | 478.3M | 501.1M | 468.41M | 449.13M | 466.56M | 540.34M | 480.59M | 447.2M | 451.26M | 499.63M | 464.36M | 399.86M | 466.83M | 427.7M |
| Accounts Payable | 303.06M | 258.24M | 276.86M | 280.12M | 282.19M | 240.89M | 265.14M | 266.95M | 271.19M | 253.74M | 259.79M | 301.69M | 276.02M | 250.41M | 277.22M | 259.46M | 247.64M | 203.56M | 210.99M | 208.16M |
| Days Payables Outstanding | 29.01 | 29.78 | 30.57 | 30.1 | 29.01 | 31.25 | 31.63 | 30.44 | 29.55 | 31.08 | 33.54 | 32.07 | 29.65 | 32.28 | 32.67 | 30.57 | 29.28 | 30.79 | 30.3 | 30.58 |
| Short-Term Debt | 18M | 0 | 0 | 0 | 0 | 0 | 25M | 25.05M | 25.11M | 25.16M | 25.17M | 25.17M | 25.2M | 25.19M | 181K | 40.17M | 40.17M | 40.18M | 88.4M | 43.52M |
| Deferred Revenue (Current) | 0 | 35.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 215.56M | 97.55M | 220.9M | 246.03M | 192M | 188.55M | 188.16M | 175.63M | 172.11M | 170.23M | 181.6M | 213.49M | 179.37M | 171.61M | 173.86M | 199.99M | 176.55M | 156.11M | 167.44M | 176.01M |
| Current Ratio | 2.95x | 3.68x | 3.55x | 3.32x | 3.57x | 3.76x | 3.78x | 3.53x | 3.77x | 3.75x | 3.52x | 3.05x | 3.14x | 3.18x | 3.08x | 2.72x | 2.79x | 2.86x | 2.59x | 2.80x |
| Quick Ratio | 1.97x | 2.56x | 2.50x | 2.36x | 2.51x | 2.55x | 2.74x | 2.56x | 2.70x | 2.59x | 2.44x | 2.12x | 2.04x | 2.01x | 2.00x | 1.82x | 1.87x | 1.86x | 1.78x | 1.95x |
| Cash Conversion Cycle | 80 | 87.54 | 84.68 | 80.38 | 83.44 | 90.96 | 86.79 | 83.03 | 83.05 | 88.95 | 85.66 | 80.57 | 83.56 | 87.35 | 82.16 | 76.82 | 76.5 | 82.11 | 77.25 | 73.36 |
| Total Non-Current Liabilities | 592.05M | 809.43M | 803.96M | 804.87M | 813.99M | 821.69M | 772.83M | 762.03M | 717.51M | 725.61M | 747.84M | 744.55M | 747.39M | 779.82M | 801.47M | 803.61M | 820.82M | 804.16M | 859.78M | 911.56M |
| Long-Term Debt | 347.3M | 572.3M | 572.3M | 572.3M | 572.3M | 572.3M | 572.29M | 572.28M | 571.86M | 571.85M | 596.88M | 596.93M | 597.01M | 624.05M | 649.1M | 649.15M | 681.2M | 681.27M | 730.31M | 784.86M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 104.14M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 244.75M | 237.13M | 231.66M | 232.57M | 241.69M | 249.39M | 200.55M | 85.61M | 145.65M | 153.76M | 150.95M | 147.63M | 150.38M | 155.77M | 152.37M | 154.46M | 139.62M | 122.9M | 129.48M | 126.71M |
| Total Liabilities | 1.13B | 1.28B | 1.3B | 1.33B | 1.29B | 1.25B | 1.25B | 1.26B | 1.19B | 1.17B | 1.21B | 1.28B | 1.23B | 1.23B | 1.25B | 1.3B | 1.29B | 1.2B | 1.33B | 1.34B |
| Total Debt | 365.3M | 572.3M | 572.3M | 572.3M | 572.3M | 572.3M | 597.29M | 734.94M | 596.97M | 597.01M | 622.05M | 622.1M | 622.2M | 649.24M | 649.28M | 689.32M | 721.36M | 721.45M | 818.71M | 828.38M |
| Net Debt | 193.72M | 166.31M | 153.58M | 183.88M | 219.46M | 268.86M | 58.77M | 274.33M | 140.44M | 184.16M | 261.64M | 278.06M | 440.07M | 483.7M | 501.71M | 504.85M | 533.28M | 566.61M | 571.39M | 570.63M |
| Debt / Equity | 0.20x | 0.31x | 0.30x | 0.31x | 0.31x | 0.32x | 0.34x | 0.44x | 0.36x | 0.37x | 0.40x | 0.43x | 0.45x | 0.50x | 0.53x | 0.60x | 0.66x | 0.71x | 0.84x | 0.89x |
| Debt / EBITDA | 2.64x | 3.66x | 3.93x | 3.77x | 3.91x | 4.26x | 4.71x | 4.82x | 4.46x | 4.67x | 4.65x | 4.44x | 4.44x | 5.14x | 5.42x | 5.63x | 6.61x | 7.87x | 9.29x | 8.78x |
| Net Debt / EBITDA | 1.40x | 1.06x | 1.05x | 1.21x | 1.50x | 2.00x | 0.46x | 1.80x | 1.05x | 1.44x | 1.96x | 1.98x | 3.14x | 3.83x | 4.19x | 4.12x | 4.89x | 6.18x | 6.48x | 6.05x |
| Interest Coverage | 56.22x | 29.15x | 130.49x | 31.11x | 28.71x | 38.31x | 27.85x | 9.27x | 463.89x | 59.78x | 91.42x | 17.67x | 26.62x | 18.13x | 16.28x | 16.41x | 16.30x | 11.28x | 10.14x | 10.66x |
| Total Equity | 1.86B | 1.87B | 1.88B | 1.84B | 1.83B | 1.79B | 1.75B | 1.69B | 1.67B | 1.61B | 1.54B | 1.46B | 1.38B | 1.3B | 1.22B | 1.15B | 1.1B | 1.02B | 976.57M | 932.55M |
| Equity Growth % | 1.78% | 4.51% | 7.52% | 9.22% | 9.49% | 11.53% | 14.06% | 15.79% | 20.89% | 24.09% | 25.76% | 26.89% | 25.7% | 26.84% | 25.07% | 23.25% | 17.49% | 16.01% | 10.3% | 10.55% |
| Book Value per Share | 48.95 | 49.12 | 49.22 | 47.90 | 47.04 | 46.03 | 44.99 | 43.13 | 42.52 | 40.91 | 39.08 | 37.14 | 35.16 | 33.05 | 31.23 | 29.39 | 28.09 | 26.12 | 24.99 | 23.70 |
| Total Shareholders' Equity | 1.86B | 1.87B | 1.88B | 1.84B | 1.83B | 1.79B | 1.75B | 1.69B | 1.67B | 1.61B | 1.54B | 1.46B | 1.38B | 1.3B | 1.22B | 1.15B | 1.1B | 1.02B | 976.57M | 932.55M |
| Common Stock | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M |
| Retained Earnings | 2.71B | 2.63B | 2.55B | 2.45B | 2.38B | 2.29B | 2.21B | 2.12B | 2.05B | 1.96B | 1.89B | 1.79B | 1.73B | 1.64B | 1.58B | 1.5B | 1.45B | 1.39B | 1.35B | 1.29B |
| Treasury Stock | -964.52M | -870.26M | -779.7M | -720.7M | -647.38M | -597.11M | -576.61M | -559.27M | -514.58M | -495.05M | -483.93M | -477.55M | -477.42M | -475.41M | -474.53M | -471.85M | -470.7M | -467.28M | -462.56M | -455.79M |
| Accumulated OCI | -95.52M | -92.33M | -93.58M | -91.69M | -106.76M | -105.83M | -86.51M | -77.57M | -64.49M | -59.65M | -62.37M | -55.3M | -65.64M | -67.39M | -73.93M | -72.3M | -70.86M | -92.94M | -97.82M | -93.09M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |