About Applied
Applied is a publicly listed company based in United States founded in 1923. B2B Industrial Supply. The company has 6,800 employees. Applied has completed 18 acquisitions, including Advanced Control Solutions, Advanced Motion Systems and Atlantic Fasteners. Its chief executive, as recorded, is Neil Schrimsher. Its website applied.com draws about 248 thousand monthly visits.
Company details
Applied Industrial Technologies (NYSE: AIT) is a leading industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. The Applied network encompasses more than 500 operating facilities and nine distribution centers.
- Headquarters United States
- Employees 6,800
- Stage Public
- Website category Heavy Industry and Engineering
- Website applied.com
- Social LinkedIn
- Legal Name Applied Industrial Technologies, Inc.
- Annual Revenue$4.97 B (USD)8.84as on Jun 30, 2026
- Net Profit$414.52 M (USD)5.48as on Jun 30, 2026
- EBITDA$646.62 M (USD)6.28as on Jun 30, 2026
- Investors
- Employee Count6,800
- Investments & AcquisitionsAdvanced Control Solutions
& 17 more
Funding Insights of Applied
- Total Rounds 2
- First Round $200,513
(Dec 2017)
- Investors Count 1
All 2 funding rounds of Applied with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | Grant | – | – | ||
| Dec 2017 | $200,513 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Applied
Applied has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Applied
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People of Applied
21 people are tracked at Applied (11 in leadership, 8 in board & advisors, 2 in team); the tracked headcount is 6,800.
| Name | Role | Group |
|---|---|---|
Neil Schrimsher | CEO & President | Leadership |
Neil A. Schrimsher | CEO & Director | Leadership |
David K. Wells | VP, CFO & Treasurer | Leadership |
Lonny D. Lawrence | VP, Information Technology | Leadership |
Warren E. Bud Hoffner | VP, General Manager, Fluid Power & Flow Control | Leadership |
Jon S. Ploetz | VP & General Counsel & Secretary | Leadership |
Kurt W. Loring | VP, Chief Human Resources Officer | Leadership |
Jeremy S. Moorman | VP, Operational Excellence | Leadership |
Tracie M. Longpre | Director of Supply Chain | Leadership |
Richard M. Wagner | Chief Accounting Officer & Controller | Leadership |
Jason W. Vasquez | VP, Sales | Leadership |
Shelly M. Chadwick | Director | Board & advisors |
Vincent K. Petrella | Director | Board & advisors |
Robert J. Pagano | Director | Board & advisors |
Joe A. Raver | Director | Board & advisors |
Mary Dean Hall | Director | Board & advisors |
Peter C. Wallace | Director | Board & advisors |
Madhuri A. Andrews | Director | Board & advisors |
Richard J. Simoncic | Director | Board & advisors |
Christopher Macey | Corporate Controller | Team |
1 more people are available in the full profile.
Complete people profiles for Applied
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IPO & Listings of Applied
Applied is a publicly listed company on the NYSE with ticker symbol AIT in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Jan 1984
- Listed onNYSE: AIT
- Listed entityApplied Industrial Technologies, Inc.
- Exchange sectorDistribution services
- ISINUS03820C1053
- Share price$332.85 (-0.29% on the day) · 2026-10-13
- Market capitalisation$12.23B
- Price to earnings30.4
- EPS (diluted, trailing year)$10.96
- Dividend yield0.6%
- Volume (last session)236,316
Financials of Applied
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2026 | $4.97B | $414.5M | $646.6M |
| 2025 | $4.56B | $393.0M | $608.4M |
| 2024 | $4.48B | $385.8M | $563.1M |
| 2023 | $4.41B | $346.7M | $532.6M |
| 2022 | $3.81B | $257.4M | $420.7M |
Detailed financial statements for Applied
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Investments & Acquisitions by Applied
Applied has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include Advanced Control Solutions, Advanced Motion Systems and Atlantic Fasteners.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
HydraDynellc LLC was founded in 2011 in the United States. | hydradynellc.com | United States | 2011 | Nov 2024 | $272M | |
Provider of industrial automation solutions and engineering designs to optimize production processes | kopar.com.mx | Monterrey, Mexico | 1983 | May 2024 | •••• | |
Design and manufactures industrial electrical, mechanical, and flow control products | bearingdistributors.com | Columbia, United States | 1997 | Sep 2023 | •••• | |
Electro-mechanical power transmission products and industrial components are supplied. | cangroindustries.com | Farmingdale, United States | 1960 | Sep 2023 | •••• | |
Industrial automation products and services are distributed globally. | advancedmotionsys.com | Victor, United States | 1992 | Apr 2023 | •••• | |
Industrial automation products are manufactured for industrial applications. | automationinc.com | Minneapolis, United States | 1981 | Nov 2022 | $25.6M | |
Automation solutions are delivered via design, engineering, and manufacturing services. | gibsonengineering.com | Norwood, United States | 1945 | Jan 2021 | •••• | |
Automation products, controllers, enclosures, and sensors are manufactured by ACS. | advancedcontrolinc.com | Marietta, United States | 1996 | Oct 2020 | •••• | |
Machine automation solutions are provided for industrial applications worldwide. | olympus-controls.com | Tualatin, United States | 1997 | Aug 2019 | •••• | |
Fabrication, fluid filtration, and engineering services are provided. | fluidpowersales.com | Baldwinsville, United States | 1997 | Nov 2018 | •••• |
Complete acquisition details for Applied
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Timeline of Applied
14 dated milestones of Applied across 101 years, from founding to its latest funding, stage changes and deals.
- Founded Applied is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $201K.
- Acquisition Acquires Fluid Power Sales.
- Acquisition Acquires Olympus Controls.
- Funding Latest funding round, Grant,.
- Acquisition Acquires Advanced Control Solutions.
- Acquisition Acquires Gibson Engineering.
- Acquisition Acquires Automation Inc.
- Acquisition Acquires Advanced Motion Systems.
- Acquisition Acquires Cangro Industries.
- Acquisition Acquires Bearing Distributors.
- Acquisition Acquires Kopar.
- Acquisition Acquires Hydradyne LLC.
Web traffic of Applied
The website of Applied (applied.com) receives about 247.5K visits a month and ranks #187,887 among all websites worldwide, #1,735 in Heavy Industry and Engineering.
- Monthly visits247.5K
▲ 27.2% vs previous month
- Unique visitors98.9K
per month
- Global rank#187,887
among all websites
- Category rank#1,735
Heavy Industry and Engineering · Heavy Industry and Engineering
- Bounce rate29%
- Pages per visit3.6
- Average visit2 min 03 sec
- DevicesDesktop 66% · Mobile 34%
Websites whose visitors overlap most with Applied. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hydraulic-supply.com | 100% | 51.2K | #650,891 | View details | |
| hydradynellc.com | 97% | 55.3K | #568,571 | View details | |
usarollerchain.com | usarollerchain.com | 96% | #836,625 | – | |
| mcmaster.com | 95% | 7.7M | #5,668 | View details | |
bearingservice.com | bearingservice.com | 94% | #5,023,967 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Applied
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Related news about Applied
Complete news archive for Applied
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Frequently Asked Questions about Applied
Applied was founded in 1923 and raised its 1st funding round 94 years after it was founded.
Applied is headquartered in United States.
Neil Schrimsher is the CEO of Applied, as recorded in our data.
Applied has 6,800 employees.
Annual revenue of Applied is $4.97B as on Jun 30, 2026.
Applied Industrial Technologies (NYSE: AIT) is a leading industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. The Applied network encompasses more than 500 operating facilities and nine distribution centers.
Yes, Applied is publicly traded on NYSE under the ticker symbol AIT.
Applied has made 18 acquisitions, including Advanced Control Solutions, Advanced Motion Systems, and Atlantic Fasteners.
Applied has 1 investor. Key investors include European Union.
The website of Applied receives about 248 thousand visits a month and ranks #187,887 among all websites worldwide.