UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended SEPTEMBER 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from ___ to ___ Table of Contents Commission file number 1-2299 APPLIED INDUSTRIAL TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Oh ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended JUNE 30, 2023 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K OR (Mark One) For the transition period from ___ to ___ Commission file number 1-2299 (Address of Principal Executive Offices) (Zip Code) APPLIED INDUSTRIAL TECHNOLOGIES, INC. (216) 426-4000 Registrant's telephone number, including area code (Exact name of registrant as specified in i ...

Fiscal Q4 2023 Recap and FY24 Outlook Investor Presentation August 10, 2023 - The Premier Provider of Advanced Motion, Power, Control, & Automation Solutions to Critical Industrial Infrastructure - Safe Harbor Statement ...

Applied Industrial Technologies, Inc. (NYSE:AIT) Q4 2023 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants Ryan Cieslak - Director, Investor Relations Neil Schrimsher - President & Chief Executive Officer Dave Wells - Chief Financial Officer Conference Call Participants David Manthey - Baird Ken Newman - KeyBanc Capital Markets Chris Dankert - Loop Capital Operator Welcome to the fiscal 2023 Fourth Quarter Earnings Call for Applied Industrial Technologies. My name is Frank and I'll b ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended MARCH 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from ___ to ___ Commission file number 1-2299 APPLIED INDUSTRIAL TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State ...

Applied Industrial Technologies Inc. (NYSE:AIT) Q3 2023 Results Conference Call April 27, 2023 10:00 AM ET Company Participants Ryan Cieslak - Director, Investor Relations, and Treasury Neil Schrimsher - President and Chief Executive Officer David Wells - Vice President, Chief Financial Officer, and Treasurer Conference Call Participants Chris Dankert - Loop Capital David Manthey - Baird Ken Newman - KeyBanc Capital Markets Operator Welcome to the Fiscal 2023 Third Quarter Earnings Call for Applied Industri ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended DECEMBER 31, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from ___ to ___ Commission file number 1-2299 APPLIED INDUSTRIAL TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (St ...

Applied Industrial Technologies, Inc. (NYSE:AIT) Q2 2023 Earnings Conference Call January 26, 2023 10:00 AM ET Company Participants Ryan Cieslak – Director, Investor Relations and Treasury Neil Schrimsher - President and Chief Executive Officer David Wells - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Ken Newman - KeyBanc Capital Markets Chris Dankert - Loop Capital David Manthey - Baird Operator Greetings and welcome to the Fiscal 2023 Second Quarter Earnings Call for ...

Financial Data and Key Metrics Changes - The company reported record first-quarter sales, EBITDA, and EPS, with respective growth of 19%, 34%, and 45% year-over-year [6][21] - Consolidated sales increased by 19.1% compared to the prior year quarter, with organic sales growth of 19.4% [16] - EBITDA grew by 34.2% year-over-year, with EBITDA margin increasing to 11.2%, up 125 basis points [21] Business Line Data and Key Metrics Changes - Service Center segment organic sales growth was above 20% for the second consecutive quarter, following a 16% growth in the prior year [9][17] - Engineered Solutions segment, previously Fluid Power & Flow Control, saw organic sales growth of 18%, up from 14% in the previous quarter [11][18] Market Data and Key Metrics Changes - Demand remained strong across diversified end markets, with notable growth in food and beverage, mining, metals, and energy sectors [17][18] - The company reported that organic sales in October were approximately 20% higher than the prior year, indicating continued strong demand [8] Company Strategy and Development Direction - The company is focused on optimizing its growth and margin profile through strategic actions and initiatives, including cross-selling and pricing actions [10][27] - There is an emphasis on automation and next-generation solutions to address labor constraints and evolving production needs in the post-pandemic economy [13][42] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertain economic backdrop, including potential impacts from higher interest rates, but remains optimistic about the company's ability to outperform the market [29] - The company raised its full-year fiscal 2023 guidance, projecting EPS in the range of $6.90 to $7.55 per share, reflecting strong first-quarter performance [24][25] Other Important Information - The company ended the quarter with approximately $148 million in cash and a net leverage ratio of 1.1x EBITDA, indicating a strong balance sheet [23] - Cash generated from operating activities was $25.9 million, with free cash flow totaling $20.4 million [22] Q&A Session Summary Question: Guidance and Organic Growth - The midpoint of the guidance implies flat to modestly up organic growth in the second half of the year due to macroeconomic uncertainties [32] Question: SG&A and EBITDA Margin Trends - The first quarter's EBITDA margin is expected to be consistent with the second quarter, with ongoing LIFO headwinds impacting margins [34][36] Question: Demand Pull from Infrastructure Spending - There is no unique demand pull from infrastructure spending; growth is attributed to expanding solutions and capabilities in the Fluid Power and off-highway mobile segments [40] Question: Automation Business Performance - The automation segment is experiencing mid-single-digit organic growth, with strong order rates and backlog despite some component delays [49][50] Question: Industry Consolidation Expectations - The company expects mid-single-digit growth in industrial production for the first half, with potential declines in the second half, but remains well-positioned to outperform [45] Question: M&A Pipeline and Capital Deployment - The company is focused on organic investments and is actively pursuing M&A opportunities, maintaining a strong financial position [52]