Applied Industrial Technologies (AIT)
NYSE:AIT
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Earnings Data
Report Date
Aug 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
2.92Last Year’s EPS
2.84Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominately positive tone: strong top-line momentum (6% organic sales), record quarterly EBITDA, notable Engineered Solutions strength, improved Service Center trends, healthy cash generation and active capital deployment with tightened guidance toward the high end. Headwinds include LIFO-driven margin pressure, higher SG&A dollars, softer pockets across several end markets, tougher late-quarter comps, and ongoing geopolitical/trade uncertainty. On balance, the encouraging revenue acceleration, margin resilience ex-LIFO, and solid cash/capital actions weigh heavier than the manageable operating and macro headwinds.Company Guidance
Solid Top-Line Growth
Consolidated sales increased 7.3% year over year, with organic sales up 6.0%. Average organic daily sales rose ~5% sequentially and March organic sales were up ~10% year over year. Early April organic sales were trending up high-single-digits year to date.
Record and Improved Profitability
Reported EBITDA was a record for the quarter, increasing ~6.2% year over year (approximately +8% excluding LIFO impacts). Reported EBITDA margin was 12.3%, in line with guidance, and segment-level incremental margins were strong (Engineered Solutions incremental margin ~16% ex-LIFO).
Engineered Solutions Strength
Engineered Solutions sales rose 10.2% (9.3% organic) with segment EBITDA up 11.9% (about +14% excluding LIFO). Organic growth was driven by double-digit growth in automation and fluid power and improved flow control performance; technology vertical exceeded 15% of the segment and contributed ~300 basis points to segment growth.
Service Center Recovery and Cross-Sell Momentum
Service Center organic daily sales increased ~4.2% with U.S. March organic sales nearly +8%. Cross-selling contributed over 100 basis points to Service Center organic growth, and 13 of the top 15 industry verticals were up year over year in the U.S. Service Center network.
Strong Cash Generation and Capital Deployment
Operating cash flow was $100.1 million and free cash flow was $95.4 million (conversion ~96% of net income). Cash on hand was ~$172 million, net leverage ~0.3x. The company repurchased ~346k shares for $93 million in the quarter (YTD ~897k shares for $236 million) and approved a new authorization to repurchase up to 3 million shares.
Tightened, Upward Guidance
Management tightened full-year fiscal 2026 guidance toward the high end: EPS $10.60–$10.75 (previously $10.45–$10.75), sales growth 7.2%–7.7% (organic 3.8%–4.2%), and full-year EBITDA margin 12.3%–12.4%. Fourth quarter guide: EPS $2.85–$2.96, organic sales growth 4.0%–5.5%, and EBITDA margin 12.6%–12.8%.
M&A and Strategic Positioning
Year-to-date deployment of over $300 million across share repurchases, M&A and dividend growth; since 2018 the company closed 18 acquisitions (~$1B in acquired sales). Management expects M&A to be more active over the next 12–18 months and highlighted strategic tuck-in focus to expand Engineered Solutions capabilities.
AIT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $298.10 | $301.24 | +1.05% |
Jan 27, 2026 | $281.02 | $261.86 | -6.82% |
Oct 28, 2025 | $259.05 | $257.09 | -0.76% |
Aug 14, 2025 | $274.25 | $271.58 | -0.97% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Applied Industrial Technologies (AIT) report earnings?
Applied Industrial Technologies (AIT) is schdueled to report earning on Aug 06, 2026, Before Open (Confirmed).
What is Applied Industrial Technologies (AIT) earnings time?
Applied Industrial Technologies (AIT) earnings time is at Aug 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AIT EPS forecast?
AIT EPS forecast for the fiscal quarter 2026 (Q4) is 2.92.