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Applied Industrial Technologies Inc
Applied Industrial Technologies, Inc. (AIT) is a leading value-added distributor and technical solutions provider focused on Industrial supplies and automation. The company offers customers with technical expertise, support, and solutions that can help them improve their efficiency and productivity.
Here are some key facts about Applied Industrial Technologies, Inc. (AIT):
* Founded in 1923, Applied Industrial Technologies, Inc. has its headquarters in Cleveland, Ohio.
* On the New York Stock Exchange, Applied Industrial Technologies, Inc. Common Stock trades under the ticker symbol 'AIT'.
* With operations in the United States, Canada, Mexico, and Puerto Rico, Applied Industrial Technologies offers more than 5.5 million parts to clients in virtually every industry.
* Leading industrial distributor Applied Industrial Technologies, Inc. provides more than 220,000 clients with bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, tools, safety products, and applied technology solutions.
* According to Yahoo Finance, the company's total sales for the fiscal year that ended on June 30, 2`122, were US$ 3.02 billion, with a net income of US$ 235.9 million.
* According to the company's most recent quarterly report, its earnings per share (EPS) were $2.24, and its price-to-earnings ratio (P/E) was 17.74.
* According to an evaluation (PEG) ratio of 1.52, the price-earnings ratio (P/E) indicates that the company's stock is currently trading at a premium relative to its earnings.
* $5.4 billion is the corporation's market capitalization.
* The enterprise value of the business is 5.48 billion dollars.
* The firm employs 9,100 individuals.
* The company's net sales for the fiscal year 2022 were 3.02 billion dollars, a rise of 22.9% from the prior year.
* The net income for the fiscal year 2022 was 235.9 million dollars, a rise of 45.5% from the previous year.
The business has a solid reputation for good governance, and for the past several years, it has been named one of the "World's Most Ethical Companies" by Ethisphere Magazine. For those looking for a reasonably priced stock with reliable growth prospects, Applied Industrial Technologies, Inc. (AIT) is a solid option.
However, various sources of financial news and analysis, such as Yahoo Finance, Investing.com, or Seeking Alpha, can be used to obtain more thorough and up-to-date information on Applied Industrial Technologies, Inc. (AIT).