Applied Historical Income Statement

AIT Stock  USD 183.99  0.41  0.22%   
Historical analysis of Applied Industrial income statement accounts such as Interest Expense of 29.9 M, Selling General Administrative of 984.5 M or Total Revenue of 5.3 B can show how well Applied Industrial Technologies performed in making a profits. Evaluating Applied Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Applied Industrial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Applied Industrial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Applied Industrial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Industrial Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

About Applied Income Statement Analysis

Applied Industrial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Applied Industrial shareholders. The income statement also shows Applied investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Applied Industrial Income Statement Chart

Applied Industrial Technologies Income Statement is one of the three primary financial statements used for reporting Applied's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Applied Industrial revenue and expense. Applied Industrial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Applied Industrial's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 3.8 B in 2024, whereas Interest Income is likely to drop slightly above 12.8 M in 2024.

Total Revenue

Total revenue comprises all receipts Applied Industrial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Applied Industrial. It is also known as Applied Industrial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Applied Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Applied Industrial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Industrial Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Applied Industrial's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 3.8 B in 2024, whereas Interest Income is likely to drop slightly above 12.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.3B1.5B1.6B
Total Revenue3.8B4.4B5.1B5.3B

Applied Industrial income statement Correlations

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0.850.750.70.720.710.580.560.680.70.760.43-0.430.440.330.40.480.040.060.36-0.940.96-0.840.44
0.590.750.990.980.990.890.90.940.991.00.82-0.070.810.810.710.590.010.360.33-0.530.76-0.760.68
0.520.70.991.01.00.950.950.981.00.990.90.020.890.880.810.51-0.020.470.32-0.470.74-0.770.75
0.530.720.981.01.00.950.950.981.00.980.90.020.890.870.820.5-0.020.470.32-0.480.75-0.780.76
0.540.710.991.01.00.940.940.971.00.990.880.00.870.870.790.53-0.010.450.32-0.480.74-0.770.74
0.330.580.890.950.950.940.980.970.950.890.970.170.970.920.940.35-0.020.630.3-0.340.67-0.750.82
0.320.560.90.950.950.940.980.980.950.890.950.120.940.930.910.3-0.010.630.3-0.30.64-0.730.82
0.480.680.940.980.980.970.970.980.980.940.930.060.920.890.880.37-0.040.560.32-0.430.73-0.790.82
0.520.70.991.01.01.00.950.950.980.990.90.020.890.880.810.51-0.020.470.32-0.460.73-0.760.75
0.60.761.00.990.980.990.890.890.940.990.82-0.080.80.810.710.590.00.360.32-0.550.77-0.760.67
0.250.430.820.90.90.880.970.950.930.90.820.391.00.950.970.26-0.20.70.15-0.170.51-0.610.82
-0.26-0.43-0.070.020.020.00.170.120.060.02-0.080.390.40.340.43-0.2-0.710.43-0.490.53-0.410.330.23
0.270.440.810.890.890.870.970.940.920.890.81.00.40.920.980.25-0.230.680.15-0.190.52-0.640.83
0.150.330.810.880.870.870.920.930.890.880.810.950.340.920.870.29-0.090.720.13-0.080.42-0.480.72
0.20.40.710.810.820.790.940.910.880.810.710.970.430.980.870.12-0.230.710.14-0.150.5-0.620.84
0.460.480.590.510.50.530.350.30.370.510.590.26-0.20.250.290.120.11-0.090.36-0.450.47-0.320.26
-0.20.040.01-0.02-0.02-0.01-0.02-0.01-0.04-0.020.0-0.2-0.71-0.23-0.09-0.230.11-0.190.62-0.080.16-0.2-0.03
-0.150.060.360.470.470.450.630.630.560.470.360.70.430.680.720.71-0.09-0.190.110.110.19-0.270.52
0.230.360.330.320.320.320.30.30.320.320.320.15-0.490.150.130.140.360.620.11-0.330.47-0.580.54
-0.84-0.94-0.53-0.47-0.48-0.48-0.34-0.3-0.43-0.46-0.55-0.170.53-0.19-0.08-0.15-0.45-0.080.11-0.33-0.890.75-0.2
0.760.960.760.740.750.740.670.640.730.730.770.51-0.410.520.420.50.470.160.190.47-0.89-0.90.53
-0.65-0.84-0.76-0.77-0.78-0.77-0.75-0.73-0.79-0.76-0.76-0.610.33-0.64-0.48-0.62-0.32-0.2-0.27-0.580.75-0.9-0.68
0.330.440.680.750.760.740.820.820.820.750.670.820.230.830.720.840.26-0.030.520.54-0.20.53-0.68
Click cells to compare fundamentals

Applied Industrial Account Relationship Matchups

Applied Industrial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization62.7M106.9M53.6M53.1M61.0M64.1M
Interest Expense36.5M30.6M26.8M24.8M28.5M29.9M
Selling General Administrative718.0M680.5M749.1M815.3M937.6M984.5M
Total Revenue3.2B3.2B3.8B4.4B5.1B5.3B
Gross Profit937.7M935.5M1.1B1.3B1.5B1.6B
Other Operating Expenses3.0B3.0B3.5B3.9B4.5B4.8B
Operating Income222.8M205.5M357.9M473.2M544.1M571.3M
Ebit222.8M205.5M357.9M473.2M544.1M571.3M
Ebitda285.5M312.3M411.4M526.2M605.2M635.4M
Cost Of Revenue2.3B2.3B2.7B3.1B3.6B3.8B
Total Operating Expenses717.7M680.5M749.1M813.8M935.9M982.7M
Income Before Tax55.2M177.1M329.8M449.8M517.3M543.1M
Total Other Income Expense Net(167.5M)(28.4M)(28.1M)(1.7M)(1.5M)(1.6M)
Net Income24.0M144.8M257.4M346.7M398.7M418.7M
Income Tax Expense31.2M32.3M72.4M103.1M118.5M124.5M
Net Income Applicable To Common Shares24.0M144.8M257.4M346.7M398.7M418.7M
Net Income From Continuing Ops24.0M144.8M257.4M346.7M398.7M418.7M
Non Operating Income Net Other3.5M2.4M(1.3M)1.5M1.7M1.8M
Tax Provision32.2M32.3M72.4M103.1M118.5M60.7M
Interest Income33.6M28.6M522K21.6M24.9M12.8M
Net Interest Income(36.5M)(30.6M)(26.3M)(21.6M)(19.5M)(20.4M)
Reconciled Depreciation62.7M55.1M53.6M53.1M61.0M59.1M
Selling And Marketing Expenses(233K)680.5M17.9M813.8M935.9M982.7M

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.

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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.
Pair CorrelationCorrelation Matching
When determining whether Applied Industrial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Applied Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Applied Industrial Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Applied Industrial Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied Industrial Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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.