Applied Net Income from 2010 to 2024
| AIT Stock | USD 183.60 0.15 0.08% |
Net Income | First Reported 1989-12-31 | Previous Quarter 93.8 M | Current Value 91.2 M | Quarterly Volatility 23.8 M |
Check Applied Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Applied main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.1 M, Interest Expense of 29.9 M or Selling General Administrative of 984.5 M, as well as many exotic indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0104 or PTB Ratio of 3.62. Applied financial statements analysis is a perfect complement when working with Applied Industrial Valuation or Volatility modules.
Applied | Net Income |
Latest Applied Industrial's Net Income Growth Pattern
Below is the plot of the Net Income of Applied Industrial Technologies over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Applied Industrial financial statement analysis. It represents the amount of money remaining after all of Applied Industrial Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Applied Industrial's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Applied Industrial's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 346.74 M | 10 Years Trend |
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Net Income |
| Timeline |
Applied Net Income Regression Statistics
| Arithmetic Mean | 166,461,813 | |
| Geometric Mean | 102,934,168 | |
| Coefficient Of Variation | 78.35 | |
| Mean Deviation | 100,765,725 | |
| Median | 133,910,000 | |
| Standard Deviation | 130,422,488 | |
| Sample Variance | 17010T | |
| Range | 416.5M | |
| R-Value | 0.79 | |
| Mean Square Error | 6841.7T | |
| R-Squared | 0.63 | |
| Significance | 0.0004 | |
| Slope | 23,083,537 | |
| Total Sum of Squares | 238140.4T |
Applied Net Income History
Other Fundumenentals of Applied Industrial
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Applied Industrial Net Income component correlations
About Applied Industrial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Applied Industrial income statement, its balance sheet, and the statement of cash flows. Applied Industrial investors use historical funamental indicators, such as Applied Industrial's Net Income, to determine how well the company is positioned to perform in the future. Although Applied Industrial investors may use each financial statement separately, they are all related. The changes in Applied Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Applied Industrial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Applied Industrial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Applied Industrial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 398.7 M | 418.7 M | |
| Net Income Applicable To Common Shares | 398.7 M | 418.7 M | |
| Net Income From Continuing Ops | 398.7 M | 418.7 M | |
| Net Income Per Share | 8.09 | 8.49 | |
| Net Income Per E B T | 0.69 | 0.50 |
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
| 0.67 | DSGR | Distribution Solutions Financial Report 2nd of May 2024 | PairCorr |
| 0.75 | DXPE | DXP Enterprises Financial Report 9th of May 2024 | PairCorr |
| 0.8 | FAST | Fastenal Sell-off Trend | PairCorr |
| 0.9 | FERG | Ferguson Plc Sell-off Trend | PairCorr |
Moving against Applied Stock
| 0.58 | AZ | A2Z Smart Technologies | PairCorr |
| 0.56 | BA | Boeing Earnings Call Tomorrow | PairCorr |
| 0.5 | 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 the analysis of Applied Industrial Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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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| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
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 9.52 | 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.