Financial Statements

Applied Industrial Technologies, In... (AIT)

$98.5

-1.78 (-1.78%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,2011,2291,1301,034-
Net Income 14524144142134
Stock Dividends -0-430944
Dividend Paid -51-49-47-46-45
Retained Earnings 1,2941,2011,2291,1301,034

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 213124121108-
Annual Depreciation 61082237125
Capital Expenditure -16-20-19-23-17
Net PPE 203213124121108

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -206647662541
New Purchases -----
Intangible and Goodwill 206647662541560

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.