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AIT

Applied Industrial Technologies Inc

$153.9

Earnings Summary

Revenue
$1158.07Mn
Net Profits
$92.22Mn
Net Profit Margins
7.96%

Highlights

Revenue:

Applied Industrial Technologies Inc’s revenue jumped 9.1% since last year same period to $1158.07Mn in the Q2 2023. On a quarterly growth basis, Applied Industrial Technologies Inc has generated 2.3% jump in its revenue since last 3-months.

Net Profits:

Applied Industrial Technologies Inc’s net profit jumped 16.56% since last year same period to $92.22Mn in the Q2 2023. On a quarterly growth basis, Applied Industrial Technologies Inc has generated -5.12% fall in its net profits since last 3-months.

Net Profit Margins:

Applied Industrial Technologies Inc’s net profit margin jumped 6.84% since last year same period to 7.96% in the Q2 2023. On a quarterly growth basis, Applied Industrial Technologies Inc has generated -7.25% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Applied Industrial Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.66
EPS Estimate Current Year
1.66

Highlights

EPS Estimate Current Quarter:

Applied Industrial Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at 1.66 - a 1.84% jump from last quarter’s estimates.

EPS Estimate Current Year:

Applied Industrial Technologies Inc’s earning per share (EPS) estimates for the current year stand at 1.66.

Key Ratios

Key ratios of the Applied Industrial Technologies Inc post its Q1 2023 earnings

Return on Assets (ROA)
0.11
Return on Equity (ROE)
0.27
Dividend Per Share (DPS)
0.35

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Applied Industrial Technologies Inc’s return on assets (ROA) stands at 0.11.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Applied Industrial Technologies Inc’s return on equity (ROE) stands at 0.27.

Dividend Per Share (DPS):

Applied Industrial Technologies Inc declared 0.35 dividend per share during the earnings announcement for Q1 2023.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-12
1.66
2.02
21.69%
2022-10-28
1.63
1.97
20.86%
2022-04-28
1.52
1.75
15.13%