AIT vs. FLS: Applied Industrial vs. Flowserve Stock Comparison
How do Applied Industrial (AIT) and Flowserve (FLS) 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 Flowserve (FLS) both fall under the Capital Goods industry group, but AIT is classified in Trading Companies & Distributors while FLS is classified in Machinery.
| Profile Item | AIT | FLS |
|---|---|---|
| Name | Applied Industrial Technologies Inc. | Flowserve Corporation |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Trading Companies & Distributors | Machinery |
| GICS Sub-Industry | Trading Companies & Distributors | Industrial Machinery & Supplies & Components |
| Market Capitalization | 10.35 billion USD | 10.19 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 | FLS |
|---|---|---|
| Total Return (1Y) | 15.62% | 24.11% |
| Total Return (3Y, Annualized) | 24.49% | 33.68% |
| Total Return (5Y, Annualized) | 24.56% | 22.48% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AIT | FLS |
|---|---|---|
| Volatility (1Y, Annualized) | 28.72% | 42.18% |
| Beta (5Y) | 0.86 | 1.24 |
| Max Drawdown (5Y) | -26.42% | -38.76% |
| Avg. Volume (3M) | 295.41K | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AIT | FLS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.39 | 0.47 |
| Sortino Ratio (1Y) | 0.53 | 0.70 |
Profitability
ROE (TTM)
Applied Industrial (AIT) at 22.51% sits in the top ROE quartile, while Flowserve (FLS) at 11.61% is closer to the peer norm — stronger capital efficiency for AIT.
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%
FLS
Capital Goods industry group
11.61%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- FLS
- 11.61%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Both Applied Industrial (AIT) at 8.39% and Flowserve (FLS) at 5.42% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
FLS
Capital Goods industry group
5.42%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- FLS
- 5.42%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Applied Industrial (AIT) at 11.12% and Flowserve (FLS) at 13.45% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
FLS
Capital Goods industry group
13.45%
- Max
- 36.60%
- Q3
- 18.33%
- FLS
- 13.45%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AIT | FLS |
|---|---|---|
| ROE (TTM) | 22.51% | 11.61% |
| ROA (TTM) | 11.43% | 6.36% |
| Net Margin (TTM) | 8.39% | 5.42% |
| Operating Margin (TTM) | 11.12% | 13.45% |
| Gross Margin (TTM) | 30.40% | 35.30% |
Growth
Revenue Growth
Both Applied Industrial (AIT) at 8.84% and Flowserve (FLS) at 3.76% 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: Flowserve (FLS) reports EPS growth of 23.36%, ranked against its industry; Applied Industrial (AIT) has no EPS growth figure this period.
Growth Metrics
| Metric | AIT | FLS |
|---|---|---|
| Revenue Growth (YoY) | 8.84% | 3.76% |
| Revenue Growth (3Y CAGR) | 4.02% | 9.37% |
| EPS Growth (YoY) | -- | 23.36% |
| EPS Growth (3Y CAGR) | 7.40% | 22.39% |
Financial Strength
Current Ratio (MRQ)
Both Applied Industrial (AIT) at 2.89 and Flowserve (FLS) at 2.10 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
FLS
Capital Goods industry group
2.10
- Max
- 5.22
- Q3
- 2.95
- FLS
- 2.10
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Applied Industrial (AIT) at 0.15 keeps leverage in the lower industry quartile, while Flowserve (FLS) at 0.95 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
FLS
Capital Goods industry group
0.95
- Max
- 2.33
- Q3
- 1.12
- FLS
- 0.95
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | AIT | FLS |
|---|---|---|
| Current Ratio (MRQ) | 2.89 | 2.10 |
| Debt / Equity (MRQ) | 0.15 | 0.95 |
| Net Debt / EBITDA | 0.27 | 2.08 |
Dividends
Dividend Yield (TTM)
Both Applied Industrial (AIT) at 0.71% and Flowserve (FLS) at 1.11% 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%
FLS
Capital Goods industry group
1.11%
- Max
- 2.66%
- Q3
- 1.14%
- FLS
- 1.11%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Applied Industrial (AIT) at 17.63% pays out a band-typical share of earnings, while Flowserve (FLS) at 43.50% distributes more than its industry norm — less retained, thinner cover.
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%
FLS
Capital Goods industry group
43.50%
- Max
- 67.39%
- FLS
- 43.50%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AIT | FLS |
|---|---|---|
| Dividend Yield (TTM) | 0.71% | 1.11% |
| Dividend Payout Ratio (TTM) | 17.63% | 43.50% |
Valuation
P/E Ratio (TTM)
Applied Industrial (AIT) at 25.10 is near its industry’s usual P/E ratio, while Flowserve (FLS) at 40.19 sits in the richer quartile — FLS needs stronger growth or earnings quality to justify the premium.
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
FLS
Capital Goods industry group
40.19
- Max
- 59.38
- FLS
- 40.19
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Applied Industrial (AIT) at 2.05 and Flowserve (FLS) at 2.17 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
FLS
Capital Goods industry group
2.17
- Max
- 7.54
- Q3
- 3.76
- FLS
- 2.17
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Flowserve (FLS) at 4.40 is valued about in line with its industry on P/B ratio, while Applied Industrial (AIT) at 5.50 carries an above-peer premium to book — AIT is pricier on assets.
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
FLS
Capital Goods industry group
4.40
- Max
- 9.66
- Q3
- 5.00
- FLS
- 4.40
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | AIT | FLS |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 40.19 |
| P/S Ratio (TTM) | 2.05 | 2.17 |
| P/B Ratio (MRQ) | 5.50 | 4.40 |
| Free Cash Flow Yield (TTM) | 3.24% | 3.62% |