TacticScaleWhat Applied Industrial Technologies Does & How It Makes Money (AIT)
Updated October 2026 · reflects Applied Industrial Technologies's latest reported financials
Industrial parts distributor for bearings, fluid power, flow control, and automation. It earns most of its revenue by buying industrial components from manufacturers and reselling them to industrial customers through its service center network.
How Applied Industrial Technologies makes money
It earns most of its revenue by buying industrial components from manufacturers and reselling them to industrial customers through its service center network. It also charges for engineering, system integration, installation, and repair work on fluid power, flow control, automation systems, conveyor belts, and hose assemblies.
What Applied Industrial Technologies does
Applied Industrial Technologies, founded in 1923 as Bearings, Inc. and based in Cleveland, Ohio, distributes the components that keep industrial equipment running. Its Service Center segment sells bearings, power transmission parts, motors, belting, drives, pumps, hydraulic and pneumatic components, hoses, filtration, and general maintenance supplies. It also installs and repairs conveyor belts, rubber linings, and hose assemblies. The Engineered Solutions segment does more specialized work. It distributes, engineers, designs, integrates, and repairs fluid power, flow control, and automation systems. Customers include off-highway equipment makers, food processing and packaging operations, marine and offshore equipment users, energy process systems, OEMs, and machine builders. Its automation offering covers machine vision, collaborative and mobile robots, RFID, industrial networking, motion control, and machine learning.
Products & services
- Industrial bearings and power transmission products
- Hydraulic and pneumatic fluid power components and systems
- Pumps, valves, and process flow control instrumentation
- Factory automation (machine vision, collaborative and mobile robots, RFID, motion control)
- Conveyor belt and rubber lining installation and repair
- Hose assemblies and filtration supplies
What is Applied Industrial Technologies worth?
On an owner-earnings DCF, Applied Industrial Technologies's most-likely value is about $263 versus a recent price near $335 (22% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$126) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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