Applied Industrial Technologies

NYSE AIT

Download Data

Applied Industrial Technologies Market Capitalization on June 03, 2024: USD 7.22 B

Applied Industrial Technologies Market Capitalization is USD 7.22 B on June 03, 2024, a 45.32% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Applied Industrial Technologies 52-week high Market Capitalization is USD 7.77 B on March 21, 2024, which is 7.66% above the current Market Capitalization.
  • Applied Industrial Technologies 52-week low Market Capitalization is USD 4.97 B on June 05, 2023, which is -31.18% below the current Market Capitalization.
  • Applied Industrial Technologies average Market Capitalization for the last 52 weeks is USD 6.47 B.
NYSE: AIT

Applied Industrial Technologies

CEO Mr. Neil A. Schrimsher
IPO Date Sept. 7, 1984
Location United States
Headquarters 1 Applied Plaza, Cleveland, OH, United States, 44115
Employees 6,350
Sector Industrials
Industry Industrial distribution
Description

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Similar companies

CNM

Core & Main Inc

NA

NA

FERG

Ferguson Plc

NA

NA

MSM

MSC Industrial Direct Company Inc

NA

NA

FAST

Fastenal Company

NA

NA

StockViz Staff

September 16, 2024

Any question? Send us an email