AIT vs. INIO: Applied Industrial vs. Innio Stock Comparison

November 11, 2026

How do Applied Industrial (AIT) and Innio (INIO) 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 Innio (INIO) both fall under the Capital Goods industry group, but AIT is classified in Trading Companies & Distributors while INIO is classified in Electrical Equipment.

Applied Industrial (AIT) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Innio (INIO) listed only on June 8, 2026 and lacks comparable through-cycle data.

Company profile comparison for Applied Industrial (AIT) and Innio (INIO)
Profile Item	AIT	INIO
Name	Applied Industrial Technologies Inc.	Innio N.V.
Country/Region	United States	Germany
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Trading Companies & Distributors	Electrical Equipment
GICS Sub-Industry	Trading Companies & Distributors	Heavy Electrical Equipment
Market Capitalization	10.35 billion USD	10.33 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	March 17, 1980	June 8, 2026
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AIT

INIO

GSPC

Applied Industrial (AIT) vs. Innio (INIO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Applied Industrial (AIT) and Innio (INIO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Applied Industrial (AIT) and Innio (INIO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
Total Return (1Y)	15.62%	--
Total Return (3Y, Annualized)	24.49%	--
Total Return (5Y, Annualized)	24.56%	--

Risk Profile

Drawdown History

AIT

INIO

GSPC

Applied Industrial (AIT) vs. Innio (INIO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Applied Industrial (AIT) and Innio (INIO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Innio (INIO) reports a negative beta of -1.88, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Applied Industrial (AIT) has a non-negative beta of 0.86.

Risk profile metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
Volatility (1Y, Annualized)	28.72%	94.54%
Beta (5Y)	0.86	-1.88
Max Drawdown (5Y)	-26.42%	-67.59%
Avg. Volume (3M)	295.41K	5.43M

Risk-Adjusted Performance

Risk-Return Positioning

Both AIT and INIO need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
Sharpe Ratio (1Y)	0.39	--
Sortino Ratio (1Y)	0.53	--

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Applied Industrial (AIT) earns 22.51% on shareholders’ equity, ranked against its industry; Innio (INIO) has no ROE this period.

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%

INIO

Capital Goods industry group

Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%
INIO: --

Applied Industrial (AIT) vs. Innio (INIO): INIO does not report ROE, so it has no value marker; AIT is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both Applied Industrial (AIT) at 8.39% and Innio (INIO) at 2.71% 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%

INIO

Capital Goods industry group

2.71%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
INIO: 2.71%
Q1: 1.40%
Min: -12.89%

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Applied Industrial (AIT) at 11.12% and Innio (INIO) at 16.58% 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%

INIO

Capital Goods industry group

16.58%

Max: 36.60%
Q3: 18.33%
INIO: 16.58%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
ROE (TTM)	22.51%	--
ROA (TTM)	11.43%	--
Net Margin (TTM)	8.39%	2.71%
Operating Margin (TTM)	11.12%	16.58%
Gross Margin (TTM)	30.40%	33.08%

Growth

Revenue Growth

Innio (INIO) at 22.13% sits in the top revenue growth quartile, while Applied Industrial (AIT) at 8.84% is closer to the peer norm — faster top-line expansion for INIO.

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Innio (INIO) reports EPS growth of 59.26%, ranked against its industry; Applied Industrial (AIT) has no EPS growth figure this period.

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
Revenue Growth (YoY)	8.84%	22.13%
Revenue Growth (3Y CAGR)	4.02%	--
EPS Growth (YoY)	--	59.26%
EPS Growth (3Y CAGR)	7.40%	--

Financial Strength

Current Ratio (MRQ)

Applied Industrial (AIT) at 2.89 keeps current ratio within its industry’s typical mid-range, while Innio (INIO) at 1.27 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for INIO.

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

INIO

Capital Goods industry group

1.27

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
INIO: 1.27
Min: 0.36

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Applied Industrial (AIT) at 0.15 keeps leverage in the lower quartile, while Innio (INIO) at 8.53 is above its industry debt-to-equity ratio range.

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

INIO

Capital Goods industry group

8.53

INIO: 8.53
Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
Current Ratio (MRQ)	2.89	1.27
Debt / Equity (MRQ)	0.15	8.53
Net Debt / EBITDA	0.27	3.24

Dividends

Dividend Yield (TTM)

Innio (INIO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Applied Industrial (AIT) reports a yield of 0.71%, ranking against industry peers normally.

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%

INIO

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
INIO: 0.00%
Q1: 0.00%
Min: 0.00%

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Innio (INIO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Applied Industrial (AIT) reports a payout of 17.63%, ranking against industry peers normally.

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%

INIO

Capital Goods industry group

0.00%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
INIO: 0.00%
Q1: 0.00%
Min: 0.00%

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
Dividend Yield (TTM)	0.71%	0.00%
Dividend Payout Ratio (TTM)	17.63%	0.00%

Valuation

P/E Ratio (TTM)

Applied Industrial (AIT) at 25.10 is near its industry’s usual P/E ratio, while Innio (INIO) at 105.92 sits above its peer range — an unusually expensive price for INIO’s trailing earnings.

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

INIO

Capital Goods industry group

105.92

INIO: 105.92
Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Applied Industrial (AIT) at 2.05 and Innio (INIO) at 2.94 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

INIO

Capital Goods industry group

2.94

Max: 7.54
Q3: 3.76
INIO: 2.94
Median: 2.15
Q1: 1.03
Min: 0.03

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Applied Industrial (AIT) at 5.50 sits in the upper P/B ratio quartile, and Innio (INIO) at 30.53 prices even higher, above its industry range.

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

INIO

Capital Goods industry group

30.53

INIO: 30.53
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Applied Industrial (AIT) vs. Innio (INIO): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Applied Industrial (AIT) and Innio (INIO)
Metric	AIT	INIO
P/E Ratio (TTM)	25.10	105.92
P/S Ratio (TTM)	2.05	2.94
P/B Ratio (MRQ)	5.50	30.53
Free Cash Flow Yield (TTM)	3.24%	--