Applied Industrial Technologies (AIT) Dividend Coverage Ratio (2009 - 2026)
Applied Industrial Technologies' (AIT) Dividend Coverage Ratio was 5.88 for fiscal Q1 2027 (quarter ended Sep 30, 2026), up 1.4% from 5.80 a year earlier but down 6.4% from the prior quarter.
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Analysis
Applied Industrial Technologies (AIT) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Applied Industrial Technologies' Dividend Coverage Ratio came in at 5.73, down 4.6% year-over-year; for FY2026 (ended Jun 30, 2026), it was 5.71, down 7.4% from FY2025.
- By fiscal year, Dividend Coverage Ratio came in at 6.17 in FY2025 (-10.6%), 6.90 in FY2024 (+6.4%), 6.49 in FY2023 (+30.6%) and 4.97 in FY2022 (+73.9%).
- Five-year quarterly Dividend Coverage Ratio spans a low of 4.47 in fiscal Q2 2022 and a high of 7.21 in fiscal Q4 2024.
- Year over year, Dividend Coverage Ratio gained in two of the last eight quarters, with an average decline of 7.9%.
- The high point for year-over-year Dividend Coverage Ratio in five years was fiscal Q1 2023 (growth of 40.8%); the low point was fiscal Q3 2025 (a decline of 16.6%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 6.28 (Q4 2026), 5.25 (Q3 2026) and 5.50 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.32 Bn | 69.44 Bn | 2.05 Bn | - |
| 2 | W.W. Grainger | 68.06 Bn | 65.42 Bn | 2.01 Bn | 4.05 |
| 3 | Fastenal | 62.73 Bn | 61.73 Bn | 1.10 Bn | - |
| 4 | Ferguson Enterprises | 50.77 Bn | 47.99 Bn | 2.32 Bn | - |
| 5 | Sunbelt Rentals Holdings | 33.62 Bn | 33.50 Bn | 1.25 Bn | - |
| 6 | Reliance | 21.51 Bn | 20.57 Bn | 1.45 Bn | 6.32 |
| 7 | Wesco International | 15.41 Bn | 12.46 Bn | 1.57 Bn | 11.02 |
| 8 | Watsco | 12.14 Bn | 9.83 Bn | 578.93 Mn | 1.14 |
| 9 | Applied Industrial Technologies | 10.93 Bn | 10.82 Bn | 392.21 Mn | 5.88 |
| 10 | Avantor | 10.79 Bn | 9.37 Bn | 534.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.88 |
| Jun 30, 2026 | 6.28 |
| Mar 31, 2026 | 5.25 |
| Dec 31, 2025 | 5.50 |
| Sep 30, 2025 | 5.80 |
| Jun 30, 2025 | 6.15 |
| Mar 31, 2025 | 5.64 |
| Dec 31, 2024 | 6.55 |
| Sep 30, 2024 | 6.48 |
| Jun 30, 2024 | 7.21 |
| Mar 31, 2024 | 6.77 |
| Dec 31, 2023 | 6.71 |
| Sep 30, 2023 | 6.92 |
| Jun 30, 2023 | 6.77 |
| Mar 31, 2023 | 7.16 |
| Dec 31, 2022 | 6.11 |
| Sep 30, 2022 | 5.87 |
| Jun 30, 2022 | 6.00 |
| Mar 31, 2022 | 5.20 |
| Dec 31, 2021 | 4.47 |
API Access
Applied Industrial Technologies Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "AIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();