Applied Industrial Technologies Stock Revenue
| AIT Stock | USD 183.45 0.54 0.29% |
Applied Industrial Technologies fundamentals help investors to digest information that contributes to Applied Industrial's financial success or failures. It also enables traders to predict the movement of Applied Stock. The fundamental analysis module provides a way to measure Applied Industrial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Applied Industrial stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 5.1 B | 5.3 B |
Applied | Revenue |
Applied Industrial Technologies Company Revenue Analysis
Applied Industrial's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Applied Industrial Revenue | 4.41 B |
Most of Applied Industrial's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Applied Industrial Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Applied
Projected quarterly revenue analysis of Applied Industrial provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Applied Industrial match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Applied Industrial's stock price.
Applied Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Applied Industrial is extremely important. It helps to project a fair market value of Applied Stock properly, considering its historical fundamentals such as Revenue. Since Applied Industrial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Applied Industrial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Applied Industrial's interrelated accounts and indicators.
| 0.77 | 0.77 | 0.38 | 0.78 | 0.76 | ||
| 0.77 | 1.0 | 0.67 | 0.95 | 0.83 | ||
| 0.77 | 1.0 | 0.67 | 0.95 | 0.83 | ||
| 0.38 | 0.67 | 0.67 | 0.75 | 0.45 | ||
| 0.78 | 0.95 | 0.95 | 0.75 | 0.81 | ||
| 0.76 | 0.83 | 0.83 | 0.45 | 0.81 |
Click cells to compare fundamentals
Applied Revenue Historical Pattern
Today, most investors in Applied Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Applied Industrial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Applied Industrial revenue as a starting point in their analysis.
Applied Industrial Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Applied Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Applied Industrial Technologies reported 4.41 B of revenue. This is 26.13% higher than that of the Trading Companies & Distributors sector and 20.37% higher than that of the Industrials industry. The revenue for all United States stocks is 53.23% higher than that of the company.
Applied Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Applied Industrial's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Applied Industrial could also be used in its relative valuation, which is a method of valuing Applied Industrial by comparing valuation metrics of similar companies.Applied Industrial is currently under evaluation in revenue category among related companies.
Applied Industrial Institutional Holders
Institutional Holdings refers to the ownership stake in Applied Industrial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Applied Industrial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Applied Industrial's value.| Shares | Capital Research Global Investors | 2023-12-31 | 559.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 559 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 523.6 K | Fiduciary Management, Inc. Of Milwaukee | 2023-12-31 | 519.2 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 517.9 K | Allspring Global Investments Holdings, Llc | 2023-12-31 | 508.9 K | Ameriprise Financial Inc | 2023-12-31 | 470.1 K | Nuveen Asset Management, Llc | 2023-12-31 | 434 K | Palisade Capital Management Llc | 2023-12-31 | 432.6 K | Blackrock Inc | 2023-12-31 | 6.2 M | Vanguard Group Inc | 2023-12-31 | 5.1 M |
Applied Fundamentals
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 7.45 B | ||||
| Shares Outstanding | 38.67 M | ||||
| Shares Owned By Insiders | 1.25 % | ||||
| Shares Owned By Institutions | 95.67 % | ||||
| Number Of Shares Shorted | 518.94 K | ||||
| Price To Earning | 44.62 X | ||||
| Price To Book | 4.60 X | ||||
| Price To Sales | 1.66 X | ||||
| Revenue | 4.41 B | ||||
| Gross Profit | 1.29 B | ||||
| EBITDA | 526.22 M | ||||
| Net Income | 346.74 M | ||||
| Cash And Equivalents | 344.04 M | ||||
| Cash Per Share | 3.83 X | ||||
| Total Debt | 622.1 M | ||||
| Debt To Equity | 0.53 % | ||||
| Current Ratio | 3.08 X | ||||
| Book Value Per Share | 41.55 X | ||||
| Cash Flow From Operations | 343.97 M | ||||
| Short Ratio | 0.78 X | ||||
| Earnings Per Share | 9.53 X | ||||
| Price To Earnings To Growth | 1.88 X | ||||
| Target Price | 210.0 | ||||
| Number Of Employees | 6.37 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 7.27 B | ||||
| Total Asset | 2.74 B | ||||
| Retained Earnings | 1.79 B | ||||
| Working Capital | 1.11 B | ||||
| Current Asset | 437.35 M | ||||
| Current Liabilities | 151.33 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.75 % | ||||
| Net Asset | 2.74 B | ||||
| Last Dividend Paid | 1.4 |
About Applied Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Applied Industrial Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied Industrial Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Applied Industrial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applied Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applied Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
| 0.68 | DSGR | Distribution Solutions Financial Report 2nd of May 2024 | PairCorr |
| 0.77 | DXPE | DXP Enterprises Financial Report 9th of May 2024 | PairCorr |
| 0.82 | FAST | Fastenal Financial Report 11th of July 2024 | PairCorr |
| 0.91 | FERG | Ferguson Plc Financial Report 4th of June 2024 | PairCorr |
Moving against Applied Stock
| 0.6 | AZ | A2Z Smart Technologies | PairCorr |
| 0.57 | BA | Boeing Earnings Call This Week | PairCorr |
| 0.51 | TITN | Titan Machinery Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Applied Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applied Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applied Industrial Technologies to buy it.
The correlation of Applied Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applied Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Applied Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Applied Industrial Piotroski F Score and Applied Industrial Altman Z Score analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Applied Stock analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.
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Is Applied Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied Industrial. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.132 | Dividend Share 1.4 | Earnings Share 9.53 | Revenue Per Share 115.377 | Quarterly Revenue Growth 0.016 |
The market value of Applied Industrial is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied Industrial's value that differs from its market value or its book value, called intrinsic value, which is Applied Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied Industrial's market value can be influenced by many factors that don't directly affect Applied Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Applied Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.