With a market capitalization (market cap) of $13.1B — a measure of how much the company is worth — Applied Industrial Technologies, Inc. is the 817th most valuable company in Industrials as of August 19, 2026. Shares trade at $354.35, down +1.23% on the day.
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Applied Industrial Technologies, Inc. (AIT) is a prominent distributor specializing in advanced solutions for industrial motion, power, control, and automation. Its operational footprint extends across North America, Australia, New Zealand, and Singapore. The company structures its operations into two main divisions: Service Center Based Distribution and Fluid Power & Flow Control. AIT's extensive product portfolio encompasses a wide range of industrial components and systems, including bearings, power transmission equipment, engineered fluid power systems, specialized flow control mechanisms, cutting-edge automation products, various industrial rubber items, linear motion components, and essential tools, safety gear, and oilfield provisions. Furthermore, it supplies motors, belting, drives, couplings, pumps, hydraulic and pneumatic parts, filtration products, valves, fittings, process instrumentation, actuators, and hoses, alongside other crucial supplies necessary for the general operational upkeep of customer machinery. Beyond product distribution, AIT offers robust service capabilities, including operating specialized fabricated rubber workshops and deploying field crews for the installation, modification, and repair of conveyor belts and rubber linings. The company also provides custom hose assemblies, comprehensive equipment repair, and valuable technical support services. Products are channeled to customers via an expansive network of strategically located service centers. Its diverse clientele spans numerous sectors such as agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery, life sciences, mining, oil and gas, primary metals, technology, transportation, utilities, and governmental bodies. Established in 1923 under its original name, Bearings, Inc., the company adopted its current moniker, Applied Industrial Technologies, Inc., in 1997. Its corporate headquarters are situated in Cleveland, Ohio.
Visit websiteAs of August 19, 2026, Applied Industrial Technologies, Inc. (AIT) is worth $13.1B — this is its market capitalization, the total value of all its outstanding shares.
Applied Industrial Technologies, Inc.’s market cap is $13.1B, which ranks it #817 among the most valuable companies in the Industrials sector tracked on MarketCapLens.
Applied Industrial Technologies, Inc. (AIT) shares trade at $354.35, down 1.23% on the day, as of August 19, 2026.
Fundamentals are annual. Figures labeled with their fiscal year.
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Applied Industrial Technologies, Inc. trades at a price-to-earnings (P/E) ratio of 32.0, based on its latest share price and annual earnings per share.