Applied Industrial Technologies (AIT) Gross Margin (2009 - 2026)

Applied Industrial Technologies (AIT) reported 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 18 years of Gross Margin data on file, last reported at 30.43% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 30.43%, down 2.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.39% (up 6.0% YoY), and the FY2025 annual result 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.
  • Over five years, Gross Margin peaked at 30.69% in Q2 2024 and troughed at 28.88% in Q3 2022.
  • A 5-year average of 29.78% and a median of 29.58% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 47 bps in 2022, then surged 146 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 29.1% in 2022, then gained by 1 bps to 29.44% in 2023, then climbed by 4 bps to 30.57% in 2024, then retreated by 1 bps to 30.38% in 2025, then increased 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 63.64 Bn 63.46 Bn 1.75 Bn 39.46%
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 44.64%
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 31.02%
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 21.25%
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 27.89%
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 23.66%
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 30.43%
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 27.07%
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 28.99%
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 41.14%

Historic Data

Download Data
DateValue
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%