# APPLIED INDUSTRIAL TECHNOLOGIES INC

Summary updated: 2026-10-02T12:51:45.894651Z
Canonical: https://finbar.com/research/companies/applied-industrial-technologies-inc

## Overview

Applied Industrial Technologies Inc. is a value-added industrial distributor and technical-solutions provider serving maintenance, repair and operations (MRO) and original-equipment-manufacturer (OEM) customers. Its business centers on motion, power, control and automation technologies, related industrial supplies, and services such as system design and integration, repair, fabrication and engineering. [1](https://app.finbar.com/go?id=P156098361)[2](https://app.finbar.com/go?id=P156098416)

Its principal operations are organized into Service Center distribution and Engineered Solutions, which provides engineering, design, integration and repair capabilities. The company operates primarily in North America, with additional presence in Australia, New Zealand and Singapore. [3](https://app.finbar.com/go?id=P156098421)[4](https://app.finbar.com/go?id=P156098422)[5](https://app.finbar.com/go?id=P156098423)[6](https://app.finbar.com/go?id=P156098564)

For fiscal 2026, Applied reported net sales of approximately $4.97 billion. It has approximately 6,900 associates, around 580 facilities and more than 9.4 million SKUs. [7](https://app.finbar.com/go?id=T17999314)[1](https://app.finbar.com/go?id=P156098361)[6](https://app.finbar.com/go?id=P156098564) Founded in Cleveland in 1923, the company identifies helping customers, associates, suppliers, communities and shareholders achieve superior performance as its purpose; “Taking Care of the Customer” is a longstanding guiding principle. [8](https://app.finbar.com/go?id=P156098360)[9](https://jobs.applied.com/ca/en/Campus-recruiting)[10](https://ir.applied.com/news/news-details/2023/Applied-Industrial-Technologies-Commemorates-100-Year-Anniversary/default.aspx)
[1](https://app.finbar.com/go?id=P156098361)[2](https://app.finbar.com/go?id=P156098416)[3](https://app.finbar.com/go?id=P156098421)[4](https://app.finbar.com/go?id=P156098422)[5](https://app.finbar.com/go?id=P156098423)[6](https://app.finbar.com/go?id=P156098564)[7](https://app.finbar.com/go?id=T17999314)[8](https://app.finbar.com/go?id=P156098360)[9](https://jobs.applied.com/ca/en/Campus-recruiting)[10](https://ir.applied.com/news/news-details/2023/Applied-Industrial-Technologies-Commemorates-100-Year-Anniversary/default.aspx)[9](https://jobs.applied.com/ca/en/Campus-recruiting)[10](https://ir.applied.com/news/news-details/2023/Applied-Industrial-Technologies-Commemorates-100-Year-Anniversary/default.aspx)

## Products & services

Applied Industrial Technologies distributes more than 9.4 million SKUs for maintenance, repair and operations (MRO), original equipment manufacturing and new-system installations. Its products include industrial bearings, power-transmission components, fluid-power components and systems, flow-control equipment, factory-automation solutions and general maintenance supplies. [1](https://app.finbar.com/go?id=P156098361) Its catalog includes hydraulic cylinders, hoses, motors, pumps, valves and filters, as well as bearings and power-transmission parts. [11](https://www.applied.com/categories/hydraulic-products/c/546) [12](https://www.applied.com/categories/bearings/c/1859) [13](https://www.applied.com/categories/power-transmission/c/582)

Fluid-power offerings use hydraulic and pneumatic technologies to transmit power; the company describes hydraulics as suited to applications requiring high power-to-weight ratios and high torque at low speeds, and pneumatics for lighter-duty applications requiring speed and precision. Applications include off-highway equipment, factory machinery, marine and offshore operations, automation, food processing, packaging and energy systems. [14](https://app.finbar.com/go?id=P156098425) Related services include system design and integration, electronic-control integration, hydraulic assemblies, repair and rebuilding, hose assembly, filtration customization, software programming and repair, retrofits, and autonomous or electrification integration. [14](https://app.finbar.com/go?id=P156098425) Flow-control products include pumps, valves, fittings, hoses, process instrumentation, actuators, motors and filtration supplies; services include systems integration, pump repair, valve actuation, skid-mounted assembly, kitting, parts fabrication and compliance consulting. [15](https://app.finbar.com/go?id=P156098426)

Additional services include engineering support, product fabrication and repair, onsite training, inventory management and equipment-maintenance and storeroom support. [2](https://app.finbar.com/go?id=P156098416) [4](https://app.finbar.com/go?id=P156098422) The FY2026 filing reports sales by operating segment rather than by product category: Service Center sales were approximately 64.1% of total net sales and Engineered Solutions approximately 35.9%; these are segment shares, not product-specific percentages. [7](https://app.finbar.com/go?id=T17999314)
[1](https://app.finbar.com/go?id=P156098361)[11](https://www.applied.com/categories/hydraulic-products/c/546)[12](https://www.applied.com/categories/bearings/c/1859)[13](https://www.applied.com/categories/power-transmission/c/582)[14](https://app.finbar.com/go?id=P156098425)[15](https://app.finbar.com/go?id=P156098426)[2](https://app.finbar.com/go?id=P156098416)[4](https://app.finbar.com/go?id=P156098422)[7](https://app.finbar.com/go?id=T17999314)[11](https://www.applied.com/categories/hydraulic-products/c/546)[12](https://www.applied.com/categories/bearings/c/1859)[13](https://www.applied.com/categories/power-transmission/c/582)

## Geographic presence

In FY2026, ended June 30, 2026, 88% of Applied Industrial Technologies’ sales were attributed to the United States, 6% to Canada, and 6% collectively to Mexico, Australia, New Zealand, Singapore, and Costa Rica. Sales are assigned by the location of the facility shipping the product; individual sales figures for those five other countries are not provided. [16](https://app.finbar.com/go?id=P156098409)[17](https://app.finbar.com/go?id=P156098857)

The company identifies operations in Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica, and describes its Service Center business as operating across North America, Australia, and New Zealand. [16](https://app.finbar.com/go?id=P156098409)[3](https://app.finbar.com/go?id=P156098421) Cleveland, Ohio, is its corporate headquarters; its principal-property schedule also names facilities in multiple U.S. locations and in Alberta and Saskatchewan, Canada. [18](https://app.finbar.com/go?id=T17999258)[19](https://app.finbar.com/go?id=T17999259) The company reports approximately 580 facilities and 6,900 employee associates, but does not provide a geographic breakdown of employees. [1](https://app.finbar.com/go?id=P156098361)
[16](https://app.finbar.com/go?id=P156098409)[17](https://app.finbar.com/go?id=P156098857)[3](https://app.finbar.com/go?id=P156098421)[18](https://app.finbar.com/go?id=T17999258)[19](https://app.finbar.com/go?id=T17999259)[1](https://app.finbar.com/go?id=P156098361)

## Business segments

Applied Industrial Technologies reports two operating and reportable segments in FY2026; it does not report geographic segments. **Service Center** distributes maintenance, repair and operating (MRO) products through service and distribution centers, alongside services such as inventory management, fabrication and repair. Its offerings include power-transmission products, bearings, motors, pumps, fluid-power components, filtration supplies, hoses and other industrial supplies. The segment represented approximately **64% of total sales** in FY2026. [20](https://app.finbar.com/go?id=P156098420)[3](https://app.finbar.com/go?id=P156098421)

**Engineered Solutions** distributes, engineers, designs, integrates and repairs fluid-power, engineered flow-control and automation technologies. Its work includes hydraulic and pneumatic systems, flow-control products and services, and automation solutions such as robotics, machine vision and motion control. The segment represented approximately **36% of total sales** in FY2026. [4](https://app.finbar.com/go?id=P156098422)[5](https://app.finbar.com/go?id=P156098423)

The company also presents revenue by product line, but these are not additional reportable segments; **Service Center** and **Engineered Solutions** are the reported segment breakdown. [21](https://app.finbar.com/go?id=P156098424)[14](https://app.finbar.com/go?id=P156098425)[15](https://app.finbar.com/go?id=P156098426)
[20](https://app.finbar.com/go?id=P156098420)[3](https://app.finbar.com/go?id=P156098421)[4](https://app.finbar.com/go?id=P156098422)[5](https://app.finbar.com/go?id=P156098423)[21](https://app.finbar.com/go?id=P156098424)[14](https://app.finbar.com/go?id=P156098425)[15](https://app.finbar.com/go?id=P156098426)

## Company history

Founded in Cleveland in 1923 as The Ohio Ball Bearing Company by Joseph M. Bruening, the business later became Bearings, Inc. and adopted the name Applied Industrial Technologies in 1997 as its product lines expanded. [10](https://ir.applied.com/news/news-details/2023/Applied-Industrial-Technologies-Commemorates-100-Year-Anniversary/default.aspx) [22](https://www.applied.com/history)

The company broadened its distribution and service businesses through the formation of Applied Maintenance Supplies & Solutions in 2013 and acquisitions including Texas Oilpatch Services and Reliance Industrial Products in 2014. It expanded its engineered-solutions and automation capabilities with FCX Performance in 2018 and Olympus Controls in 2019. [22](https://www.applied.com/history) [23](https://ir.applied.com/news/news-details/2014/Applied-Industrial-Technologies-Acquires-Texas-Oilpatch-Services-Corporation/default.aspx) [24](https://ir.applied.com/news/news-details/2014/Applied-Industrial-Technologies-Reports-Fiscal-2014-Third-Quarter-Results-Declares-Dividend-and-Announces-Acquisition/default.aspx) [25](https://ir.applied.com/news/news-details/2018/Applied-Industrial-Technologies-Completes-Acquisition-of-FCX-Performance-Inc/default.aspx) [26](https://ir.applied.com/news/news-details/2019/Applied-Industrial-Technologies-to-Acquire-Olympus-Controls-Corp/default.aspx)

Neil A. Schrimsher succeeded David L. Pugh as CEO in October 2011 and became president and CEO in 2013. Later acquisitions extended the company’s automation, fluid-power and service-center businesses, including Automation, Inc. in 2022; Cangro Industries and Bearing Distributors in 2023; Grupo Kopar, Total Machine Solutions and Stanley Proctor in 2024; and IRIS Factory Automation in 2025. [27](https://www.sec.gov/Archives/edgar/data/109563/000119312511272765/d244031dex991.htm) [28](https://app.finbar.com/go?id=P114004204) [29](https://app.finbar.com/go?id=P156098907) [30](https://app.finbar.com/go?id=P156098906) [31](https://app.finbar.com/go?id=P156098905) [32](https://app.finbar.com/go?id=P156098901) [33](https://app.finbar.com/go?id=P156098902) [34](https://app.finbar.com/go?id=P156098900)
[28](https://app.finbar.com/go?id=P114004204)[29](https://app.finbar.com/go?id=P156098907)[30](https://app.finbar.com/go?id=P156098906)[31](https://app.finbar.com/go?id=P156098905)[32](https://app.finbar.com/go?id=P156098901)[33](https://app.finbar.com/go?id=P156098902)[34](https://app.finbar.com/go?id=P156098900)[10](https://ir.applied.com/news/news-details/2023/Applied-Industrial-Technologies-Commemorates-100-Year-Anniversary/default.aspx)[22](https://www.applied.com/history)[23](https://ir.applied.com/news/news-details/2014/Applied-Industrial-Technologies-Acquires-Texas-Oilpatch-Services-Corporation/default.aspx)[24](https://ir.applied.com/news/news-details/2014/Applied-Industrial-Technologies-Reports-Fiscal-2014-Third-Quarter-Results-Declares-Dividend-and-Announces-Acquisition/default.aspx)[25](https://ir.applied.com/news/news-details/2018/Applied-Industrial-Technologies-Completes-Acquisition-of-FCX-Performance-Inc/default.aspx)[26](https://ir.applied.com/news/news-details/2019/Applied-Industrial-Technologies-to-Acquire-Olympus-Controls-Corp/default.aspx)[27](https://www.sec.gov/Archives/edgar/data/109563/000119312511272765/d244031dex991.htm)

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11. [www.applied.com](https://www.applied.com/categories/hydraulic-products/c/546)
12. [www.applied.com](https://www.applied.com/categories/bearings/c/1859)
13. [www.applied.com](https://www.applied.com/categories/power-transmission/c/582)
14. [APPLIED INDUSTRIAL TECHNOLOGIES INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P156098425)
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16. [APPLIED INDUSTRIAL TECHNOLOGIES INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P156098409)
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18. [APPLIED INDUSTRIAL TECHNOLOGIES INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=T17999258)
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25. [ir.applied.com](https://ir.applied.com/news/news-details/2018/Applied-Industrial-Technologies-Completes-Acquisition-of-FCX-Performance-Inc/default.aspx)
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34. [APPLIED INDUSTRIAL TECHNOLOGIES INC — Full financial report (2026 Y)](https://app.finbar.com/go?id=P156098900)

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