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Applied Industrial Technologies Inc. Company Profile

NYSE: AITConsumer DiscretionaryIndustrial SpecialtiesUSD

333.16-1.42 (-0.42%)

Market open · Delayed 15 min · as of Oct 8, 12:18 PM ET

Applied Industrial Technologies at a glance

Applied Industrial Technologies Inc. (NYSE: AIT) is a Industrial Specialties company in the Consumer Discretionary sector headquartered in Cleveland, OH. Applied Industrial Technologies is led by Mr. Neil A. Schrimsher and employs about 6,900 people. At a market capitalization of $12.29 billion, it is considered a large-cap company.

Its SEC Central Index Key (CIK) is 0000109563, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Applied Industrial Technologies do?

Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center and Engineered Solutions. The Service Center segment distributes industrial bearings, power transmission, fluid power components and systems, specialty flow control, and advanced factory automation solutions, as well as general maintenance products; and motors, belting, drives, couplings, pumps, linear motion, hydraulic and pneumatic components, filtration supplies, hoses, and other related supplies. It also installs, modifies, and repairs conveyor belts and rubber linings, as well as hose assemblies. The Engineered Solutions segment is involved in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies; and provision of fluid power and industrial flow control products. Its fluid power products and solutions are used in off-highway mobile equipment, stationary industrial equipment and machines, marine and offshore equipment, factory automation, food processing equipment, packaging operations, and downstream energy process systems. This segment also offers pumps, valves, fittings, hoses, process instrumentation, actuators, and filtration supplies; and advanced automation technologies for the design, engineering, assembly, integration, and distribution of machine vision, collaborative robots, mobile robots, radio-frequency identification, industrial networking, motion control, and machine learning technologies for OEMs, machine builders, integrators, and other industrial and technology sectors. The company was formerly known as Bearings, Inc. and changed its name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Business description based on the company's public filings.

Company information

Legal name
Applied Industrial Technologies Inc.
Ticker
NYSE: AIT
Industry
Industrial Specialties
CEO
Mr. Neil A. Schrimsher
Employees
6,900
Headquarters
1 Applied Plaza, Cleveland, OH, United States
Phone
216 426 4000
Market cap
$12.29B
SEC CIK
0000109563
Latest annual report
10-K · Aug 13, 2026

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