Applied

United States Founded: 1923 • Age: 103 yrs
B2B Industrial Supply
Annual revenue $4.6B Latest available
Total funding - 2 rounds
Employees 6800 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Applied

Applied is a company based in United States founded in 1923. The company has 6,800 employees as of June 30, 2025. Applied has completed 18 acquisitions, including Advanced Control Solutions, Advanced Motion Systems and Atlantic Fasteners.

  • Headquarter United States
  • Employees 6800 as on 30 Jun, 2025
  • Stage Public
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Applied Industrial Technologies, Inc.
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $4.56 B (USD)
    1.88
    as on Jun 30, 2025
  • Net Profit
    $392.99 M (USD)
    1.87
    as on Jun 30, 2025
  • EBITDA
    $608.41 M (USD)
    8.05
    as on Jun 30, 2025
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    6800

    as on Jun 30, 2025

  • Investments & Acquisitions
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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.

Exchange: NYSE · Ticker: AIT · Sector: Distribution services · USA

People of Applied

Headcount 5000-10000
Employee Profiles 12
Board Members and Advisors 8
Employee Profiles
People
Neil A. Schrimsher
CEO & Director
People
David K. Wells
VP, CFO & Treasurer
People
Lonny D. Lawrence
VP, Information Technology
People
Warren E. Bud Hoffner
VP, General Manager, Fluid Power & Flow Control

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Board Members and Advisors
people
Shelly M. Chadwick
Director
people
Vincent K. Petrella
Director
people
Robert J. Pagano
Director
people
Joe A. Raver
Director

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Funding Insights of Applied

Investors in Applied

Applied has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for Applied

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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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.

Investments
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Investment portfolio details for Applied

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Supplier of power transmission products
Locked Locked 2021 Locked
HydraDynellc LLC was founded in 2011 in the United States.
Locked Locked 2011 Locked
Industrial fluid control solutions are provided for manufacturing applications.
Locked Locked 2002 Locked
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Complete acquisition details for Applied

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Applied

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Detailed financials for Applied

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Applied Comparisons

Applied Primary company
Description
B2B Industrial Supply
Location
United States
Founded Year
1923
Annual Revenue
$4.56 B (USD)
Net Profit
$392.99 M (USD)
EBITDA
$608.41 M (USD)
Employees
6,800
As of 2025
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Peer comparison for Applied

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Competitors of Applied

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Detailed competitors of Applied

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Applied

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Complete news archive for Applied

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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 current CEO of Applied.

As of Jun 30, 2025, the latest employee count at Applied is 6,800.

Annual revenue of Applied is $4.56B as on Jun 30, 2025.

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 ticker symbol of Applied is AIT on NYSE.

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