AIT vs. CW: Applied Industrial vs. Curtiss-Wright Stock Comparison
How do Applied Industrial (AIT) and Curtiss-Wright (CW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Applied Industrial (AIT) and Curtiss-Wright (CW) both fall under the Capital Goods industry group, but AIT is classified in Trading Companies & Distributors while CW is classified in Aerospace & Defense.
| Profile Item | AIT | CW |
|---|---|---|
| Name | Applied Industrial Technologies Inc. | Curtiss-Wright Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Trading Companies & Distributors | Aerospace & Defense |
| GICS Sub-Industry | Trading Companies & Distributors | Aerospace & Defense |
| Market Capitalization | 10.35 billion USD | 16.81 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AIT | CW |
|---|---|---|
| Total Return (1Y) | 15.62% | -15.83% |
| Total Return (3Y, Annualized) | 24.49% | 33.49% |
| Total Return (5Y, Annualized) | 24.56% | 29.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AIT | CW |
|---|---|---|
| Volatility (1Y, Annualized) | 28.72% | 38.26% |
| Beta (5Y) | 0.86 | 0.93 |
| Max Drawdown (5Y) | -26.42% | -45.25% |
| Avg. Volume (3M) | 295.41K | 427.49K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AIT | CW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.39 | -0.53 |
| Sortino Ratio (1Y) | 0.53 | -0.71 |
Profitability
ROE (TTM)
Both Applied Industrial (AIT) at 22.51% and Curtiss-Wright (CW) at 21.82% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
AIT
Capital Goods industry group
22.51%
- Max
- 40.55%
- AIT
- 22.51%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
CW
Capital Goods industry group
21.82%
- Max
- 40.55%
- CW
- 21.82%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Curtiss-Wright (CW) at 14.86% retains a top-quartile share of revenue as profit, ahead of Applied Industrial (AIT) at 8.39%, which keeps about the industry-typical share.
AIT
Capital Goods industry group
8.39%
- Max
- 27.47%
- Q3
- 12.10%
- AIT
- 8.39%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
CW
Capital Goods industry group
14.86%
- Max
- 27.47%
- CW
- 14.86%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Curtiss-Wright (CW) at 19.87% operates in the top operating margin quartile, ahead of Applied Industrial (AIT) at 11.12%, which runs around its industry’s norm.
AIT
Capital Goods industry group
11.12%
- Max
- 36.60%
- Q3
- 18.33%
- AIT
- 11.12%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
CW
Capital Goods industry group
19.87%
- Max
- 36.60%
- CW
- 19.87%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AIT | CW |
|---|---|---|
| ROE (TTM) | 22.51% | 21.82% |
| ROA (TTM) | 11.43% | 8.90% |
| Net Margin (TTM) | 8.39% | 14.86% |
| Operating Margin (TTM) | 11.12% | 19.87% |
| Gross Margin (TTM) | 30.40% | 38.07% |
Growth
Revenue Growth
Both Applied Industrial (AIT) at 8.84% and Curtiss-Wright (CW) at 12.08% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Only one side can be read here: Curtiss-Wright (CW) reports EPS growth of 21.99%, ranked against its industry; Applied Industrial (AIT) has no EPS growth figure this period.
Growth Metrics
| Metric | AIT | CW |
|---|---|---|
| Revenue Growth (YoY) | 8.84% | 12.08% |
| Revenue Growth (3Y CAGR) | 4.02% | 11.01% |
| EPS Growth (YoY) | -- | 21.99% |
| EPS Growth (3Y CAGR) | 7.40% | 19.09% |
Financial Strength
Current Ratio (MRQ)
Applied Industrial (AIT) at 2.89 keeps current ratio within its industry’s typical mid-range, while Curtiss-Wright (CW) at 1.42 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CW.
AIT
Capital Goods industry group
2.89
- Max
- 5.22
- Q3
- 2.95
- AIT
- 2.89
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
CW
Capital Goods industry group
1.42
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- CW
- 1.42
- Min
- 0.36
Debt / Equity (MRQ)
Applied Industrial (AIT) at 0.15 keeps leverage in the lower industry quartile, while Curtiss-Wright (CW) at 0.45 runs a more typical debt-to-equity mix.
AIT
Capital Goods industry group
0.15
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- AIT
- 0.15
- Min
- 0.00
CW
Capital Goods industry group
0.45
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- CW
- 0.45
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | AIT | CW |
|---|---|---|
| Current Ratio (MRQ) | 2.89 | 1.42 |
| Debt / Equity (MRQ) | 0.15 | 0.45 |
| Net Debt / EBITDA | 0.27 | 1.00 |
Dividends
Dividend Yield (TTM)
Both Applied Industrial (AIT) at 0.71% and Curtiss-Wright (CW) at 0.23% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AIT
Capital Goods industry group
0.71%
- Max
- 2.66%
- Q3
- 1.14%
- AIT
- 0.71%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
CW
Capital Goods industry group
0.23%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- CW
- 0.23%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Applied Industrial (AIT) at 17.63% and Curtiss-Wright (CW) at 6.67% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AIT
Capital Goods industry group
17.63%
- Max
- 67.39%
- Q3
- 28.02%
- AIT
- 17.63%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
CW
Capital Goods industry group
6.67%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- CW
- 6.67%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AIT | CW |
|---|---|---|
| Dividend Yield (TTM) | 0.71% | 0.23% |
| Dividend Payout Ratio (TTM) | 17.63% | 6.67% |
Valuation
P/E Ratio (TTM)
Both Applied Industrial (AIT) at 25.10 and Curtiss-Wright (CW) at 30.92 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AIT
Capital Goods industry group
25.10
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- AIT
- 25.10
- Q1
- 19.47
- Min
- 3.03
CW
Capital Goods industry group
30.92
- Max
- 59.38
- Q3
- 35.92
- CW
- 30.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Applied Industrial (AIT) at 2.05 is priced about in line with its industry on P/S ratio, while Curtiss-Wright (CW) at 4.50 sits in the pricier quartile — CW costs more per dollar of sales.
AIT
Capital Goods industry group
2.05
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- AIT
- 2.05
- Q1
- 1.03
- Min
- 0.03
CW
Capital Goods industry group
4.50
- Max
- 7.54
- CW
- 4.50
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both Applied Industrial (AIT) at 5.50 and Curtiss-Wright (CW) at 6.64 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
AIT
Capital Goods industry group
5.50
- Max
- 9.66
- AIT
- 5.50
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
CW
Capital Goods industry group
6.64
- Max
- 9.66
- CW
- 6.64
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | AIT | CW |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 30.92 |
| P/S Ratio (TTM) | 2.05 | 4.50 |
| P/B Ratio (MRQ) | 5.50 | 6.64 |
| Free Cash Flow Yield (TTM) | 3.24% | 2.86% |