earnings
confidence high
sentiment positive
materiality 0.80
Applied Industrial Q4 net sales $895.9M (+23.6% YoY); FY2022 EPS guidance $5.00-$5.40
APPLIED INDUSTRIAL TECHNOLOGIES INC
2021-FY EPS reported
$3.68
revenue$3,235,919,000
- Q4 net income $59.2M ($1.51 EPS); EBITDA $94.8M; organic sales up 19.8%.
- Full-year adjusted net income $186.4M ($4.74 EPS); free cash flow $225.8M.
- FY2022 EPS guidance $5.00-$5.40 on 8-10% sales growth (organic 7-9%).
- Bought back 400k shares for $40.1M in Q4; remaining authorization ~465k shares.
- CEO cites record quarterly earnings and sustained demand momentum entering FY2022.