Applied Industrial Technologies (FRA:AT4) EBIT: €469 Mil (TTM As of Mar. 2026)


FRA:AT4 Applied Industrial Technologies Inc FRA:AT4
88 GF Score
Price €278.60
GF Value €217.86
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Applied Industrial Technologies EBIT?

Applied Industrial Technologies FRA:AT4 +1.53% 88 EBIT is €469 Mil as of Mar. 2026. GuruFocus rates FRA:AT4 with a GF Score™ of 88/100 and a GF Value™ of €217.86 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Applied Industrial Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €119 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €469 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Applied Industrial Technologies's annualized ROC % for the quarter that ended in Mar. 2026 was 16.37%. Applied Industrial Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 46.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Applied Industrial Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.30%.

Applied Industrial Technologies  (FRA:AT4) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Applied Industrial Technologies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=477.22 * ( 1 - 26.17% )/( (2130.816 + 2174.678)/ 2 )
=352.331526/2152.747
=16.37 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2698.061 - 220.533 - ( 346.712 - max(0, 406.062 - 1493.184+346.712))
=2130.816

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2585.235 - 262.144 - ( 148.413 - max(0, 464.178 - 1367.743+148.413))
=2174.678

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Applied Industrial Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=477.22/( ( (265.903 + max(740.41, 0)) + (268.035 + max(770.722, 0)) )/ 2 )
=477.22/( ( 1006.313 + 1038.757 )/ 2 )
=477.22/1022.535
=46.67 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(603.694 + 451.769 + 91.009) - (220.533 + 0 + 185.529)
=740.41

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(685.814 + 455.27 + 78.246) - (262.144 + 0 + 186.464)
=770.722

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Applied Industrial Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=469.483/10917.520
=4.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Applied Industrial Technologies EBIT Related Terms

Applied Industrial Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Applied Industrial Technologies's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Applied Industrial Technologies EBIT Chart

Applied Industrial Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.53 337.32 438.06 481.85 450.13

Applied Industrial Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.70 135.02 109.93 105.22 119.31

FRA:AT4 vs QXO, CNM, WSO: EBIT Comparison

For the Industrial Distribution subindustry, Applied Industrial Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Applied Industrial Technologies EV-to-EBIT vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Applied Industrial Technologies's EV-to-EBIT falls into.


FRA:AT4
88GF Score
Applied Industrial Technologies Inc FRA:AT4
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied Industrial Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €469 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €469 Mil mean?
Applied Industrial Technologies (FRA:AT4) has a EBIT of €469 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Applied Industrial Technologies.
Is Applied Industrial Technologies' EBIT too high?
Applied Industrial Technologies' current EBIT is €469 Mil. Overall, Applied Industrial Technologies has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' EBIT compare to QXO and CNM?
Applied Industrial Technologies' EBIT of €469 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Distribution company?
A good EBIT depends on the Industrial Distribution industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Applied Industrial Technologies. Applied Industrial Technologies's current EBIT is €469 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (FRA:AT4) is currently considered Modestly Overvalued. The stock's GF Value™ is €217.86, compared to a current price of €278.60 — trading 27.9% above its estimated fair value. The current EBIT is €469 Mil. Applied Industrial Technologies' overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Applied Industrial Technologies (FRA:AT4), the current EBIT is €469 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Applied Industrial Technologies (FRA:AT4) Overvalued in 2026?

Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued. The current stock price of €278.60 is trading 27.9% above its estimated GF Value™ of €217.86. GuruFocus considers Applied Industrial Technologies to be Modestly Overvalued.

Key valuation signals for FRA:AT4:

  • EBIT: €469 Mil
  • GF Value™: €217.86 vs. price of €278.60 (27.9% above fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the FRA:AT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Applied Industrial Technologies Business Description

Other Exchanges AIT:USA0HGR:UKAT4:Germany
Address 1 Applied Plaza, Cleveland, OH, USA, 44115
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.
88GF Score

Get the complete analysis for FRA:AT4

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€278.60
Price
€217.86
GF Value