Applied Industrial Technologies (AIT)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 392,988 | 388,643 | 386,061 | 383,999 | 385,762 | 374,486 | 374,456 | 363,685 | 346,739 | 333,637 | 304,756 | 281,325 | 257,414 | 237,545 | 225,302 | 162,942 | 144,757 | 115,502 | -23,338 | 20,027 |
| Revenue (ttm) | US$ in thousands | 4,563,420 | 4,499,370 | 4,479,010 | 4,483,160 | 4,479,410 | 4,476,800 | 4,462,450 | 4,445,580 | 4,412,790 | 4,316,180 | 4,164,802 | 3,981,396 | 3,810,677 | 3,645,105 | 3,505,380 | 3,379,793 | 3,235,919 | 3,065,107 | 3,054,967 | 3,137,055 |
| Net profit margin | 8.61% | 8.64% | 8.62% | 8.57% | 8.61% | 8.37% | 8.39% | 8.18% | 7.86% | 7.73% | 7.32% | 7.07% | 6.76% | 6.52% | 6.43% | 4.82% | 4.47% | 3.77% | -0.76% | 0.64% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $392,988K ÷ $4,563,420K
= 8.61%
The net profit margin of Applied Industrial Technologies has exhibited a notable upward trajectory over the period from September 2020 through June 2025. Initially, the margin was recorded at 0.64% as of September 30, 2020, reflecting minimal profitability amid potentially challenging market conditions. The subsequent quarter experienced a decline to -0.76%, indicating a period of loss or diminished profitability.
However, starting from the fiscal quarter ending March 31, 2021, the net profit margin demonstrated a consistent recovery, reaching 3.77%. This positive trend continued through subsequent quarters, with margins increasing sequentially to 4.47% by June 30, 2021, and further to 4.82% at the end of September 2021. The momentum persisted, as the margin steadily rose to 6.43% at the close of 2021 and then to 6.52% and 6.76% in March and June 2022, respectively.
Throughout 2022, the net profit margin maintained an upward trend, reaching 7.07% in September 2022, then climbing to 7.32% by year-end. The progression persisted into 2023, with margins of 7.73% in March, 7.86% in June, and peaking at 8.18% in September 2023. The quarter ending December 2023 recorded an overall margin of 8.39%.
Moving into 2024, the net profit margin indicated continued strength, with a slight fluctuation: 8.37% in March, an increase to 8.61% in June, a minor decline to 8.57% in September, and reaching 8.62% at the end of December. This trend remained positive into early 2025, with margins of 8.64% in March, slightly declining to 8.61% in June.
Overall, these data reflect a significant improvement in Applied Industrial Technologies' profitability over the analyzed period, transitioning from near breakeven or minor profit to a sustained and growing net profit margin exceeding 8.5% as of June 2025. The progression suggests effective operational management, improved cost controls, or favorable market conditions contributing to enhanced net profitability over time.