Applied Industrial Technologies (AIT) Tax Provisions (2009 - 2026)
Applied Industrial Technologies (AIT) posted quarterly Tax Provisions of $35.4 million for Q1 2026, up 28.66% year-over-year from $27.5 million in Q1 2025, and up 28.94% quarter-over-quarter from $27.4 million in Q4 2025.
Applied Industrial Technologies (AIT) Tax Provisions (2009 - 2026) Analysis & Trends
Applied Industrial Technologies (AIT) has reported Tax Provisions for 18 consecutive years, with $35.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 28.66% year-over-year to $35.4 million; the TTM figure through Mar 2026 stood at $117.8 million (changed 0.38% YoY), while the FY2025 annual figure was $108.0 million, down 3.91% from the prior year.
- Tax Provisions rose to $35.4 million in Q1 2026 per AIT's latest filing, from $27.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $37.4 million in Q2 2024 and bottomed at $21.2 million in Q1 2022.
- Historically, Tax Provisions has averaged $26.9 million across 5 years, with a median of $25.5 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 70.37% — and 2025, when it slipped 27.34%.
- Applied Industrial Technologies' Tax Provisions stood at $25.5 million in 2022, then dropped by 4.39% to $24.4 million in 2023, then increased by 20.1% to $29.3 million in 2024, then retreated by 6.31% to $27.4 million in 2025, then increased by 28.94% to $35.4 million in 2026.
- Business Quant data shows AIT's Tax Provisions at $35.4 million in Q1 2026, $27.4 million in Q4 2025, and $27.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 198.00 Mn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 119.30 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 62.40 Mn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 35.36 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 50.57 Mn |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 37.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 65.35 Mn |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 25.54 Mn |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | 354,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.36 Mn |
| Dec 31, 2025 | 27.42 Mn |
| Sep 30, 2025 | 27.78 Mn |
| Jun 30, 2025 | 27.21 Mn |
| Mar 31, 2025 | 27.48 Mn |
| Dec 31, 2024 | 29.27 Mn |
| Sep 30, 2024 | 24.02 Mn |
| Jun 30, 2024 | 37.44 Mn |
| Mar 31, 2024 | 25.45 Mn |
| Dec 31, 2023 | 24.37 Mn |
| Sep 30, 2023 | 25.10 Mn |
| Jun 30, 2023 | 30.32 Mn |
| Mar 31, 2023 | 25.09 Mn |
| Dec 31, 2022 | 25.49 Mn |
| Sep 30, 2022 | 22.16 Mn |
| Jun 30, 2022 | 21.58 Mn |
| Mar 31, 2022 | 21.22 Mn |
| Dec 31, 2021 | 15.01 Mn |
| Sep 30, 2021 | 14.57 Mn |
| Jun 30, 2021 | 14.64 Mn |