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Here's How Much You'd Have If You Invested $1000 in Applied Industrial Technologies a Decade Ago

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For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.

The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.

What if you'd invested in Applied Industrial Technologies (AIT - Free Report) ten years ago? It may not have been easy to hold on to AIT for all that time, but if you did, how much would your investment be worth today?

Applied Industrial Technologies' Business In-Depth

With that in mind, let's take a look at Applied Industrial Technologies' main business drivers.

Applied Industrial Technologies, Inc. is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEM) and maintenance, repair and operations (MRO) customers in Australia, North America, Singapore and New Zealand.

The company is also well known in the market for its engineering, design and systems integration services, as well as its inventory management solutions and maintenance training services that boost the value of end users in the market. The company, founded in 1923, is currently headquartered in Cleveland, OH.

Applied Industrial has operations in the United States, Canada and other countries (Mexico, Australia, New Zealand, Singapore and Costa Rica), generating 88%, 6% and 6% of fiscal 2026 revenues, respectively. Exiting fiscal 2026, the company had an employee base of approximately 6,900 people.

Applied Industrial reports revenues under two business segments.

Service Center segment (64% of net revenues in fiscal 2026) offers different types of industrial products primarily through service centers in New Zealand, Australia and North America. Some of the products offered by the segment include industrial bearings, motors, belting, drives, couplings and pumps.

This segment also provides services in the oil and gas industry and includes operations of fabricated rubber shops (regional) and rubber service field crews. Service offerings of Applied Maintenance Supplies & Solutions are included in this segment.

The Engineered Solutions segment (36% of net revenues in fiscal 2026) includes specialized regional businesses that offer fluid power components, assembling and designing of fluid power systems and equipment repairing services. These products and services are traded to the end-users directly in the absence of any service centers. The segment offers integration of flow control systems, pump repair and other services.

Bottom Line

Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Applied Industrial Technologies, if you bought shares a decade ago, you're likely feeling really good about your investment today.

A $1000 investment made in September 2016 would be worth $7,282.28, or a 628.23% gain, as of September 30, 2026, according to our calculations. Investors should note that this return excludes dividends but includes price increases.

The S&P 500 rose 256.60% and the price of gold increased 204.75% over the same time frame in comparison.

Going forward, analysts are expecting more upside for AIT.

Applied Industrial is benefiting from stronger demand across its Service Center and Engineered Solutions segments, supported by technical MRO activity, automation growth, acquisitions and internal efficiency initiatives. Pricing, volume gains and disciplined cost management are helping profitability, while low leverage and ample liquidity support dividends, buybacks and acquisitions. However, rising operating costs and higher LIFO expense remain risks to margins. The company also faces foreign currency exposure, uneven international demand, supply-chain disruptions and input-cost inflation. Tariff and trade uncertainty may add further volatility, while higher costs may limit operating leverage. With growth opportunities balanced by cost, macro and execution risks, the company's current risk-reward profile remains balanced.

Over the past four weeks, shares have rallied 5.34%, and there have been 5 higher earnings estimate revisions in the past two months for fiscal 2026 compared to none lower. The consensus estimate has moved up as well.

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