Applied Industrial Technologies (AIT) Interest Expenses (2009 - 2026)
Applied Industrial Technologies (AIT) posted quarterly Interest Expenses of $30.8 million for Q1 2026, down 3.14% year-over-year from $31.8 million in Q1 2025, and up 0.98% quarter-over-quarter from $30.5 million in Q4 2025.
Applied Industrial Technologies (AIT) Interest Expenses (2009 - 2026) Analysis & Trends
Applied Industrial Technologies (AIT) has reported Interest Expenses for 18 consecutive years, with $30.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 3.14% year-over-year to $30.8 million; the TTM figure through Mar 2026 stood at $30.8 million (down 3.14% YoY), while the FY2025 annual figure was $95.8 million, up 151.24% from the prior year.
- Interest Expenses climbed to $30.8 million in Q1 2026 per AIT's latest filing, from $30.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $95.8 million in Q2 2025 and bottomed at $2.9 million in Q2 2024.
- Historically, Interest Expenses has averaged $25.5 million across 5 years, with a median of $21.8 million in 2023.
- Annual changes were most pronounced in 2024 — Interest Expenses tumbled 37.61% — and 2025, when it jumped 3151.8%.
- Applied Industrial Technologies' Interest Expenses stood at $21.5 million in 2022, then dropped by 5.58% to $20.3 million in 2023, then soared by 56.65% to $31.8 million in 2024, then fell by 4.09% to $30.5 million in 2025, then rose by 0.98% to $30.8 million in 2026.
- Business Quant data shows AIT's Interest Expenses at $30.8 million in Q1 2026, $30.5 million in Q4 2025, and $30.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 20.00 Mn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 1.30 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 22.00 Mn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 570.80 Mn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 30.80 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 97.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 5.38 Mn |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | 79.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.80 Mn |
| Mar 31, 2026 | 30.80 Mn |
| Dec 31, 2025 | 30.50 Mn |
| Dec 31, 2025 | 30.50 Mn |
| Sep 30, 2025 | 30.50 Mn |
| Sep 30, 2025 | 30.50 Mn |
| Jun 30, 2025 | 95.80 Mn |
| Jun 30, 2025 | 95.80 Mn |
| Mar 31, 2025 | 31.80 Mn |
| Mar 31, 2025 | 31.80 Mn |
| Dec 31, 2024 | 31.80 Mn |
| Dec 31, 2024 | 31.80 Mn |
| Sep 30, 2024 | 22.10 Mn |
| Sep 30, 2024 | 22.10 Mn |
| Jun 30, 2024 | 2.95 Mn |
| Jun 30, 2024 | 2.95 Mn |
| Mar 31, 2024 | 20.80 Mn |
| Mar 31, 2024 | 20.80 Mn |
| Dec 31, 2023 | 20.30 Mn |
| Dec 31, 2023 | 20.30 Mn |