Applied Industrial Technologies (AIT) Gross Margin (2009 - 2026)
Applied Industrial Technologies' Gross Margin was 30.40% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 0.20 percentage points from 30.60% a year earlier and down 0.03 percentage points from the prior quarter.
Applied Industrial Technologies (AIT) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Gross Margin at Applied Industrial Technologies came in at 30.34%, up 0.03 percentage points from FY2025.
- Gross Margin has now increased for six consecutive fiscal years, with a five-year change of +1.43 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 30.31% in FY2025 (+0.47 pp), 29.84% in FY2024 (+0.68 pp), 29.16% in FY2023 (+0.12 pp) and 29.05% in FY2022 (+0.14 pp).
- Quarterly Gross Margin has moved between 28.64% (fiscal Q1 2022) and 30.69% (fiscal Q4 2024) over five years.
- Compared with a year earlier, Gross Margin has declined for three straight quarters, with an average year-over-year change of +0.25 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2022 (a gain of 1.49 percentage points); the worst was fiscal Q4 2022 (a drop of 0.47 percentage points).
- Per Business Quant data, AIT's Gross Margin in the three fiscal quarters before Q4 2026 was 30.43% (Q3 2026), 30.38% (Q2 2026) and 30.13% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.11 Bn | 57.09 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 57.94 Bn | 56.86 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 44.13 Bn | 41.35 Bn | 2.32 Bn | 31.02% |
| 4 | Sunbelt Rentals Holdings | 30.69 Bn | 30.57 Bn | 1.25 Bn | 40.10% |
| 5 | Reliance | 20.00 Bn | 19.04 Bn | 1.30 Bn | 28.09% |
| 6 | Wesco International | 17.78 Bn | 15.09 Bn | 1.46 Bn | 21.85% |
| 7 | Applied Industrial Technologies | 12.42 Bn | 12.29 Bn | 411.22 Mn | 30.40% |
| 8 | Watsco | 11.14 Bn | 9.30 Bn | 578.93 Mn | 27.50% |
| 9 | Avantor | 10.34 Bn | 9.14 Bn | 537.00 Mn | 31.73% |
| 10 | Core & Main | 7.82 Bn | 7.12 Bn | 573.00 Mn | 26.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.40% |
| 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% |
Applied Industrial Technologies Gross Margin 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=gross-margin&ticker=AIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=AIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();