APPLIED INDUSTRIAL TECHNOLOGIES INC

Applied Industrial Technologies distributes industrial motion, fluid power, flow control, and automation products alongside related maintenance supplies. It provides technical solutions and aftermarket support through two main operating segments: Service Center and Engineered Solutions. The Service Center segment supplies replacement components, breaks-fix maintenance, and inventory management for facility operations. The Engineered Solutions segment designs, engineers, integrates, and repairs specialized hydraulic and pneumatic systems, process flow control assemblies, and advanced automation equipment such as robotics and machine vision. Applied serves thousands of customers across diverse industrial markets, including food processing, chemicals, machinery, primary metals, technology, and utilities, supporting maintenance, repair, and operations, original equipment manufacturing, and new facility installations.

The company operates a distribution network of approximately 580 facilities, comprising around 420 service center locations and 160 engineered solutions sites, supported by distribution centers and repair shops. Applied employs roughly 6,900 associates across seven countries. Its primary operations are located in the United States, with additional business across Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. The company maintains its corporate headquarters in Cleveland, Ohio.

Summary of the business section of Applied Industrial Technologies's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“At June 30, 2026, we had approximately 6,900 associates across seven countries, with geographic and segment distribution as follows:”