Applied Industrial Technologies Inc - Company Profile
Powered by 
All the sales intelligence you need on Applied Industrial Technologies Inc in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Applied Industrial Technologies Inc fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Applied Industrial Technologies Inc.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Applied Industrial Technologies Inc (Applied Industrial) is a distributor and technical solutions provider. The company offers a wide range of products, including industrial bearings, power transmission products, fluid power components, specialty flow control, and advanced factory automation solutions. The company also provides engineering, design, and systems integration services for industrial and fluid power applications. It offers maintenance, training and inventory management solutions and logistical distribution services. Applied Industrial serves businesses in food processing, automotive, chemicals and petrochemicals, industrial machinery and equipment, fabricated metals, forest products, primary metals, mining, oil and gas, transportation, utilities, and government entities. The company has operations in Mexico, Singapore, the US, Australia and New Zealand. Applied Industrial is headquartered in Cleveland, Ohio, the US.
Headquarters
United States of America
Address
One Applied Plaza, Cleveland, Ohio, 44115
Website
www.applied.com
Telephone
1 216 4264000
No of Employees
6,794
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
AIT (NYSE)
Revenue (2025)
$4.6B
1.9%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
1.9%
(2025 vs 2024)
Market Cap*
$12.2B
Net Profit Margin (2025)
XYZ
0.0%
(2025 vs 2024)
* As of and is in US$
Applied Industrial Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Couplings and Janitorial Products | Apprenticeship Programs | Accu-Lube |
| Linear Motion: | Rubber Services | Akro-Mils |
| Actuators | Repair and Rebuild Services | B-Loc |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company entered into an agreement to acquire IRIS Factory Automation, a quality inspection company. |
| 2025 | Acquisitions/Mergers/Takeovers | In January, the company acquired Hydradyne, LLC. |
| 2024 | Contracts/Agreements | In November, the company signed an agreement to acquire Hydradyne, LLC, a provider of fluid power solutions and value-added services. |
Competitor Comparison
| Key Parameters | Applied Industrial Technologies Inc | Genuine Parts Co | WESCO International Inc | W.W. Grainger Inc | Fastenal Co |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Cleveland | Atlanta | Pittsburgh | Lake Forest | Winona |
| State/Province | Ohio | Georgia | Pennsylvania | Illinois | Minnesota |
| No. of Employees | 6,794 | 63,000 | 21,000 | 22,100 | 21,602 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter C. Wallace | Chairman | Executive Board | 2014 | 71 |
| Neil A. Schrimsher | President; Director; Chief Executive Officer | Executive Board | 2013 | 61 |
| David K. Wells | Vice President; Treasurer; Chief Financial Officer | Senior Management | 2017 | 62 |
| Richard M. Wagner | Controller; Chief Accounting Officer | Senior Management | 2024 | - |
| Kurt W. Loring | Chief Human Resources Officer; Vice President | Senior Management | 2014 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer