Applied Industrial Technologies (AIT)
Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Fluid Power Business segments. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power Businesses segment consists of specialized regional companies that distribute fluid power components and operate shops to assemble fluid power systems and perform equipment repair. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.
|Market Price at 08-12-2017||$63.60|
|Price to Earnings Ratio||17.03|
|Market Capitalisation||$2,468.63 (million)|
|Return on Equity (ROE)||17.97%|