Applied Industrial Technologies Inc filed its 10-Q with the SEC, and its figures are now in our data. Revenue over the twelve months to Q1 2027 was $5.1 billion, up 8.5% on the year before. That growth rate was down 0.4 percentage points from a quarter earlier.
Source: SEC EDGAR XBRL company facts. Latest period shown: FY27 Q1.
View chart data
| Period | Revenue growth, TTM YoY | Operating margin (TTM) | FCF margin (TTM) |
|---|---|---|---|
| FY25 Q2 | 0.4% | 11.0% | 8.9% |
| FY25 Q3 | 0.5% | 11.2% | 9.8% |
| FY25 Q4 | 1.9% | 10.9% | 10.2% |
| FY26 Q1 | 4.0% | 11.0% | 9.8% |
| FY26 Q2 | 6.1% | 10.9% | 9.6% |
| FY26 Q3 | 7.5% | 10.9% | 9.1% |
| FY26 Q4 | 8.8% | 11.1% | 9.3% |
| FY27 Q1 | 8.5% | 11.2% | 8.3% |
Profitability
The business is profitable. The trailing gross margin was 30.4%. The trailing operating margin was 11.2%, up 0.1 percentage points from a year earlier. Meanwhile, the trailing net margin was 8.4%. Net income over the twelve months was $424.1 million, which rose 5.6% on the year before.
The cash picture
Less cash came in than a year earlier. Operating cash flow over the twelve months was $451.1 million, down 6.8% on the year before. Capital spending was $29.3 million, or 0.6% of revenue. Free cash flow, operating cash flow less capital spending, was $421.9 million, down 7.3% on the year before. The free-cash-flow margin was 8.3%, down 1.4 percentage points from a year earlier.
The share base
The average diluted share count fell 2.8% over the year.
Against its own history
Set against the company’s own record: today’s free-cash-flow margin of 8.3% is higher than 77% of the company’s own past quarterly readings, which have ranged from 2.1% to 11.0%. Today’s operating margin of 11.2% is higher than 98% of past readings (0.6% to 11.2%). Today’s twelve-month revenue growth rate of 8.5% is higher than 64% of past readings (−11.7% to 26.6%).
Guidance
The company gave its the fiscal year ending june 30, 2027 guidance for EPS of $11.65 to $12.15, for total sales growth of 4% to 6.5%, and for EBITDA margins (adjusted) of 12.5% to 12.8%.
What it means for value
For valuation, the figures matter through our model. In our model, growth 5 percentage points lower would lower the value by 25.2%, and 5 percentage points higher would raise it by 32.8%. A free-cash-flow margin 1 percentage point lower would lower it by 12.2%.
What comes next
The next filing will show whether the trends above continue, slow or reverse.
