AIT’s $461 Million Cash Machine — M&A Has More Firepower!

Applied Industrial Technologies reported a solid finish to fiscal 2026, highlighted by record fourth quarter sales and earnings exceeding expectations. Organic sales increased 10%, the strongest growth rate in over three years, accelerating from 6% growth in the previous quarter. This volume-driven growth stemmed from increased technical maintenance, repair and operations (MRO) activity, capital spending, and benefits from internal sales initiatives. Among its two key segments, Engineered Solutions led with 13% organic sales growth, driven by automation and fluid power operations, while the Service Center segment recorded 8% organic sales growth reflecting broad-based strength across most industrial verticals and expanded national and local account activities.