Applied Industrial Technologies, Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $127.1M | $388.4M | $460.6M | $344.0M | $184.5M | $257.7M | $268.6M | $108.2M |
| Accounts Receivable | $831.2M | $769.7M | $724.9M | $708.4M | $656.4M | $516.3M | $450.0M | $540.9M |
| Inventory | $509.0M | $505.3M | $488.3M | $501.2M | $449.8M | $362.5M | $389.2M | $447.6M |
| Total Current Assets | $1.58B | $1.75B | $1.77B | $1.65B | $1.36B | $1.20B | $1.16B | $1.15B |
| Property, Plant & Equipment | $131.7M | $128.2M | $118.5M | $115.0M | $111.9M | $115.6M | $121.9M | $124.3M |
| Goodwill | $704.7M | $699.4M | $619.4M | $578.4M | $563.2M | $560.1M | $540.6M | $662.0M |
| Intangible Assets (Excl. Goodwill) | $312.8M | $348.6M | $245.9M | $235.5M | $250.6M | $279.6M | $343.2M | $368.9M |
| Total Assets | $3.01B | $3.18B | $2.95B | $2.74B | $2.45B | $2.27B | $2.28B | $2.33B |
| Liabilities | ||||||||
| Accounts Payable | $341.1M | $280.1M | $266.9M | $301.7M | $259.5M | $208.2M | $186.3M | $237.3M |
| Total Current Liabilities | $612.4M | $526.2M | $501.1M | $540.3M | $499.6M | $427.7M | $426.1M | $423.8M |
| Long-Term Debt | $262.3M | $572.3M | $572.3M | $596.9M | $649.2M | $784.9M | $855.1M | $908.9M |
| Total Liabilities | $1.15B | $1.33B | $1.26B | $1.28B | $1.30B | $1.34B | $1.44B | $1.43B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $2.79B | $2.45B | $2.12B | $1.79B | $1.50B | $1.29B | $1.20B | $1.23B |
| Total Stockholders' Equity | $1.86B | $1.84B | $1.69B | $1.46B | $1.15B | $932.5M | $843.5M | $897.0M |