| Applied Industrial Technologies is a distributor and solutions provider of industrial motion, power, and control technologies. Co.'s reportable segments are service center based distribution and fluid power and flow control. Co.'s Service Center Based Distribution segment provides products and services addressing the maintenance and repair of motion control infrastructure and production equipment. Co.'s Fluid Power & Flow Control segment focuses on distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The segment also focuses on robotic and machinery automation solutions. We show 45 historical shares outstanding datapoints in our AIT shares outstanding history coverage, used to compute AIT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AIT market cap history over the course of time is important for investors
interested in comparing AIT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AIT versus a peer is one thing; comparing
AIT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AIT can fluctuate over the course of history.
With this page we aim to empower investors researching AIT by allowing them to research the AIT market cap history.