Financial Statements

Applied Industrial Technologies, In... (AIT)


+0.80 (+0.52%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) 1,5001,2941,2011,229-
Net Income 34725714524144
Stock Dividends -0-0-0-41,132
Dividend Paid -53-52-51-49-47
Retained Earnings 1,7931,5001,2941,2011,229

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 220203213124-
Annual Depreciation 22356108143
Capital Expenditure -26-18-16-20-19
Net PPE 216220203213124

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -662541560563
New Purchases -----
Intangible and Goodwill 662541560563578

Applied Industrial Technologies, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Applied Industrial Technologies, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.