Applied Industrial Technologies (AIT) Interest Coverage Ratio (2009 - 2026)
Applied Industrial Technologies (AIT) posted quarterly Interest Coverage Ratio of 4.48 for Q1 2026, up 10.05% year-over-year from 4.07 in Q1 2025, and up 10.85% quarter-over-quarter from 4.04 in Q4 2025.
Applied Industrial Technologies (AIT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Applied Industrial Technologies (AIT) has reported Interest Coverage Ratio for 18 consecutive years, with 4.48 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 10.05% year-over-year to 4.48; the TTM figure through Mar 2026 stood at 17.05 (up 7.86% YoY), while the FY2025 annual figure was 5.2, down 59.98% from the prior year.
- Interest Coverage Ratio advanced to 4.48 in Q1 2026 per AIT's latest filing, from 4.04 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 47.3 in Q2 2024 and bottomed at 1.41 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 9.52 across 5 years, with a median of 5.17 in 2022.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio surged 76.12% — and 2025, when it plunged 97.02%.
- Applied Industrial Technologies' Interest Coverage Ratio stood at 5.25 in 2022, then grew by 7.51% to 5.65 in 2023, then plunged by 32.67% to 3.8 in 2024, then climbed by 6.28% to 4.04 in 2025, then gained by 10.85% to 4.48 in 2026.
- Business Quant data shows AIT's Interest Coverage Ratio at 4.48 in Q1 2026, 4.04 in Q4 2025, and 4.23 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 40.35 |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 386.00 |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 27.82 |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 0.67 |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 4.48 |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 1.82 |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 19.83 |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | -0.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.48 |
| Dec 31, 2025 | 4.04 |
| Sep 30, 2025 | 4.23 |
| Jun 30, 2025 | 1.41 |
| Mar 31, 2025 | 4.07 |
| Dec 31, 2024 | 3.80 |
| Sep 30, 2024 | 5.12 |
| Jun 30, 2024 | 47.30 |
| Mar 31, 2024 | 5.83 |
| Dec 31, 2023 | 5.65 |
| Sep 30, 2023 | 5.83 |
| Jun 30, 2023 | 26.86 |
| Mar 31, 2023 | 5.82 |
| Dec 31, 2022 | 5.25 |
| Sep 30, 2022 | 5.17 |
| Jun 30, 2022 | 22.69 |
| Mar 31, 2022 | 4.28 |
| Dec 31, 2021 | 3.49 |
| Sep 30, 2021 | 3.33 |
| Jun 30, 2021 | 16.27 |