Applied Industrial TechnologiesFRA:AT4 +1.53%88 Pretax Margin % is 10.80% as of Mar. 2026, which is 65% above its 10-year median of 6.55. 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. Among 157 Industrial Distribution companies, Applied Industrial Technologies ranks better than 85.35% on this metric.
The historical rank and industry rank for Applied Industrial Technologies's Pretax Margin % or its related term are showing as below:
FRA:AT4'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.7 Med: 6.55 Max: 11.12
Current: 10.78
FRA:AT4's Pretax Margin % is ranked better than 85.35% of 157
companies
in the Industrial Distribution industry
Industry Median: 4.03
vs FRA:AT4: 10.78
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Applied Industrial Technologies Pretax Margin % Related Terms
Applied Industrial Technologies Pretax Margin % Historical Data
* 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.
FRA:AT4 vs QXO, CNM, WSO: Pretax Margin % Comparison
For the Industrial Distribution subindustry, Applied Industrial Technologies's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Pretax Margin % falls into.
* 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 (FRA:AT4) has a Pretax Margin % of 10.80% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Applied Industrial Technologies and its competitors. This is 65% above median its historical median of 6.55. Over the past decade, Applied Industrial Technologies' Pretax Margin % has ranged from 1.70 to 11.12. According to the industry distribution chart, Applied Industrial Technologies ranks #23 out of 157 companies in the Industrial Distribution industry, placing it in the top 14.6%.
Is Applied Industrial Technologies' Pretax Margin % too high?
Applied Industrial Technologies' current Pretax Margin % of 10.80% is 65% above median its 10-year median of 6.55. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 11.12. The Industrial Distribution industry median Pretax Margin % is 4.03. Applied Industrial Technologies' value of 10.80% is 168% above this industry median. Based on the distribution chart, Applied Industrial Technologies ranks #23 out of 157 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. 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' Pretax Margin % compare to QXO and CNM?
According to the Industrial Distribution industry distribution chart, Applied Industrial Technologies ranks #23 out of 157 companies for Pretax Margin %. This places Applied Industrial Technologies in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.03. Applied Industrial Technologies' value of 10.80% is 168% above this benchmark. Historically, Applied Industrial Technologies' own Pretax Margin % has ranged from 1.70 to 11.12 over the past decade. While the company's 10-year median is 6.55 vs. the industry median of 4.03, Applied Industrial Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Industrial Distribution company?
The median Pretax Margin % among Industrial Distribution companies is 4.03, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Industrial Technologies's current Pretax Margin % of 10.80% is 168% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Applied Industrial Technologies and its competitors. For the Industrial Distribution industry, the median Pretax Margin % is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Industrial Technologies's current Pretax Margin % is 10.80%, which is 65% above median its own 10-year median of 6.55. 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 Pretax Margin % is 10.80%, which is 65% above median its 10-year median of 6.55 and 168% above the Industrial Distribution industry median of 4.03. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Applied Industrial Technologies (FRA:AT4), the current Pretax Margin % is 10.80% 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:
Pretax Margin %: 10.80% (65% above median its 10-year median of 6.55)
GF Value™: €217.86 vs. price of €278.60 (27.9% above fair value)
Industry Position: 168% above the Industrial Distribution median (#23 of 157)
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
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
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