Applied Industrial Technologies, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $414.5M | $393.0M | $385.8M | $346.7M | $257.4M | $144.8M | $24.0M | $144.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $25.9M | $24.9M | $23.4M | $22.3M | $21.7M | $20.8M | $21.2M | $20.2M |
| Amortization | $40.1M | $35.6M | $28.9M | $30.8M | $31.9M | $34.4M | $41.6M | $41.9M |
| Stock-Based Compensation | — | — | — | — | — | — | $4.0M | $4.5M |
| Net Cash from Operating Activities | $484.1M | $492.4M | $371.4M | $344.0M | $187.6M | $241.7M | $296.7M | $180.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $23.6M | $27.2M | $24.9M | $26.5M | $18.1M | $15.9M | $20.1M | $19.0M |
| Business Acquisitions | $11.4M | $293.4M | $72.1M | $35.8M | $7.0M | $30.2M | $37.2M | $37.5M |
| Net Cash from Investing Activities | $-33.9M | $-318.8M | $-95.4M | $-60.8M | $-35.7M | $-44.9M | $-55.4M | $-55.1M |
| Financing Activities | ||||||||
| Dividends Paid | $72.6M | $63.7M | $55.9M | $53.4M | $51.8M | $50.7M | $48.9M | $47.3M |
| Stock Repurchases | $317.2M | $152.8M | $73.4M | $716.0K | $13.8M | $40.1M | $0 | $11.2M |
| Net Cash from Financing Activities | $-711.5M | $-245.6M | $-156.5M | $-126.9M | $-223.0M | $-213.0M | $-78.2M | $-71.5M |
| Net Change in Cash | $-261.3M | $-72.2M | $116.6M | $159.6M | $-73.3M | $-10.8M | $160.3M | $54.1M |
| Free Cash Flow | $460.5M | $465.2M | $346.5M | $317.5M | $169.4M | $225.8M | $276.6M | $161.6M |