Applied Industrial Technologies (AIT) Gross Margin (2009 - 2026)
Applied Industrial Technologies (AIT) posted quarterly Gross Margin of 30.43% for Q1 2026, down 2.0% year-over-year from 31.05% in Q1 2025, and little changed quarter-over-quarter from 30.38% in Q4 2025.
Applied Industrial Technologies (AIT) Gross Margin (2009 - 2026) Analysis & Trends
Applied Industrial Technologies (AIT) has reported Gross Margin for 18 consecutive years, with 30.43% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 2.0% year-over-year to 30.43%; the TTM figure through Mar 2026 stood at 30.39% (up 6.0% YoY), while the FY2025 annual figure was 30.31%, up 47.0% from the prior year.
- Gross Margin held at 30.43% in Q1 2026 per AIT's latest filing, from 30.38% in the prior quarter.
- Across five years, Gross Margin topped out at 30.69% in Q2 2024 and bottomed at 28.88% in Q3 2022.
- Historically, Gross Margin has averaged 29.78% across 5 years, with a median of 29.58% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 47 bps — and 2024, when it surged 146 bps.
- Applied Industrial Technologies' Gross Margin stood at 29.1% in 2022, then advanced by 1 bps to 29.44% in 2023, then grew by 4 bps to 30.57% in 2024, then decreased by 1 bps to 30.38% in 2025, then rose by 0 bps to 30.43% in 2026.
- Business Quant data shows AIT's Gross Margin at 30.43% in Q1 2026, 30.38% in Q4 2025, and 30.13% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 21.85% |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 30.43% |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 27.50% |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 27.23% |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 29.66% |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 41.11% |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | 38.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.43% |
| Dec 31, 2025 | 30.38% |
| Sep 30, 2025 | 30.13% |
| Jun 30, 2025 | 30.60% |
| Mar 31, 2025 | 30.45% |
| Dec 31, 2024 | 30.57% |
| Sep 30, 2024 | 29.58% |
| Jun 30, 2024 | 30.69% |
| Mar 31, 2024 | 29.51% |
| Dec 31, 2023 | 29.44% |
| Sep 30, 2023 | 29.68% |
| Jun 30, 2023 | 29.23% |
| Mar 31, 2023 | 29.43% |
| Dec 31, 2022 | 29.10% |
| Sep 30, 2022 | 28.88% |
| Jun 30, 2022 | 28.89% |
| Mar 31, 2022 | 29.30% |
| Dec 31, 2021 | 29.38% |
| Sep 30, 2021 | 28.64% |
| Jun 30, 2021 | 29.35% |