Applied Industrial Technologies (AIT) Return on Invested Capital [ROIC] (2010 - 2026)
Applied Industrial Technologies' Return on Invested Capital [ROIC] came in at 19.24% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 3.00 percentage points from 16.24% a year earlier and up 1.84 percentage points from the prior quarter.
Applied Industrial Technologies (AIT) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Applied Industrial Technologies' Return on Invested Capital [ROIC] was 18.43%, up 1.80 percentage points from FY2025.
- Return on Invested Capital [ROIC] carries a five-year change of +8.94 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 16.63% in FY2025 (-0.96 pp), 17.59% in FY2024 (-1.03 pp), 18.61% in FY2023 (+3.09 pp) and 15.52% in FY2022 (+6.03 pp).
- The fiscal Q4 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2011.
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +0.08 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q2 2022 (a gain of 12.84 percentage points), and the weakest in fiscal Q1 2025 (a drop of 1.47 percentage points).
- Business Quant data shows AIT's Return on Invested Capital [ROIC] at 17.41% (Q3 2026), 16.57% (Q2 2026) and 16.52% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 67.37 Bn | 66.13 Bn | 1.73 Bn | 13.51% |
| 2 | W.W. Grainger | 60.32 Bn | 58.30 Bn | 1.98 Bn | 29.62% |
| 3 | Fastenal | 58.24 Bn | 57.16 Bn | 1.06 Bn | 32.56% |
| 4 | Ferguson Enterprises | 43.34 Bn | 40.56 Bn | 2.32 Bn | 21.66% |
| 5 | Sunbelt Rentals Holdings | 31.62 Bn | 31.50 Bn | 1.25 Bn | 11.76% |
| 6 | Reliance | 20.43 Bn | 19.48 Bn | 1.30 Bn | 10.47% |
| 7 | Wesco International | 18.60 Bn | 15.91 Bn | 1.46 Bn | 9.33% |
| 8 | Applied Industrial Technologies | 12.64 Bn | 12.52 Bn | 411.22 Mn | 19.24% |
| 9 | Watsco | 10.59 Bn | 8.75 Bn | 578.93 Mn | 14.94% |
| 10 | Avantor | 10.38 Bn | 9.17 Bn | 537.00 Mn | -3.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.24% |
| Mar 31, 2026 | 17.41% |
| Dec 31, 2025 | 16.57% |
| Sep 30, 2025 | 16.52% |
| Jun 30, 2025 | 16.24% |
| Mar 31, 2025 | 16.18% |
| Dec 31, 2024 | 16.13% |
| Sep 30, 2024 | 16.33% |
| Jun 30, 2024 | 16.87% |
| Mar 31, 2024 | 16.88% |
| Dec 31, 2023 | 17.51% |
| Sep 30, 2023 | 17.80% |
| Jun 30, 2023 | 17.86% |
| Mar 31, 2023 | 17.99% |
| Dec 31, 2022 | 17.16% |
| Sep 30, 2022 | 16.36% |
| Jun 30, 2022 | 15.27% |
| Mar 31, 2022 | 14.51% |
| Dec 31, 2021 | 13.93% |
| Sep 30, 2021 | 10.45% |
Applied Industrial Technologies Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();