earnings
confidence high
sentiment negative
materiality 0.80
Applied Industrial Q4 EPS $2.64, up 12.6% YoY; FY2025 guidance $9.20-$9.95
APPLIED INDUSTRIAL TECHNOLOGIES INC
2024-FY EPS reported
$9.83
revenue$4,479,406,000
- Q4 net sales $1.2B (+0.2% YoY); organic daily -2.0%. Net income $103.5M, EPS $2.64 (+12.6% YoY).
- FY2024 adjusted EPS $9.75 (+11.4% YoY); EBITDA $553.3M (+5.5%); net sales $4.5B (+1.5%).
- FY2025 guidance: total sales -2.5% to +2.5%, EPS $9.20-$9.95, EBITDA margins 12.1%-12.3%.
- Announced acquisitions of Total Machine Solutions and Stanley Proctor; combined ~$17M annual sales.
- Demand slowed into early FY2025; organic sales through mid-August down mid-single-digit YoY.