AIT vs. PRMB
AIT (Applied Industrial Technologies, Inc.) and PRMB (Primo Brands Corp) are both stocks. AIT operates in Industrial Distribution (Industrials), while PRMB operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past year, AIT returned 42.85% vs -16.72% for PRMB. At a 0.19 correlation, their price movements are largely independent.
Performance
AIT vs. PRMB - Performance Comparison
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Returns By Period
In the year-to-date period, AIT achieves a 25.10% return, which is significantly lower than PRMB's 49.26% return.
AIT
- 1D
- 0.38%
- 1M
- 4.21%
- YTD
- 25.10%
- 6M
- 22.72%
- 1Y
- 42.85%
- 3Y*
- 33.34%
- 5Y*
- 28.88%
- 10Y*
- 23.04%
PRMB
- 1D
- 2.59%
- 1M
- 4.70%
- YTD
- 49.26%
- 6M
- 48.44%
- 1Y
- -16.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIT vs. PRMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AIT Applied Industrial Technologies, Inc. | 25.10% | 8.01% | -10.60% |
PRMB Primo Brands Corp | 49.26% | -45.95% | 23.47% |
Correlation
The correlation between AIT and PRMB is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024 | 0.19 |
Fundamentals
AIT:
$12.16B
PRMB:
$8.84B
AIT:
$10.56
PRMB:
$0.16
AIT:
30.31
PRMB:
153.41
AIT:
0.95
PRMB:
0.85
AIT:
2.53
PRMB:
1.35
AIT:
4.07
PRMB:
2.99
AIT:
$4.84B
PRMB:
$6.68B
AIT:
$1.47B
PRMB:
$1.95B
AIT:
$563.38M
PRMB:
$956.60M
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Return for Risk
AIT vs. PRMB — Risk / Return Rank
AIT
PRMB
AIT vs. PRMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Industrial Technologies, Inc. (AIT) and Primo Brands Corp (PRMB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIT | PRMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.84 | ||
| Sortino ratioReturn per unit of downside risk | +2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.98 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | -0.30 | +3.42 |
| Martin ratioReturn relative to average drawdown | 7.52 | -0.50 | +8.01 |
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Drawdowns
AIT vs. PRMB - Drawdown Comparison
The maximum AIT drawdown since its inception was -66.47%, which is greater than PRMB's maximum drawdown of -59.12%. Use the drawdown chart below to compare losses from any high point for AIT and PRMB.
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Drawdown Indicators
| AIT | PRMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.47% | -59.12% | -7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -12.86% | -52.71% | +39.85% |
Max Drawdown (3Y)Largest decline over 3 years | -26.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -59.29% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -30.54% | +29.70% |
Average DrawdownAverage peak-to-trough decline | -18.04% | -25.98% | +7.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.34% | 31.50% | -26.16% |
Volatility
AIT vs. PRMB - Volatility Comparison
The current volatility for Applied Industrial Technologies, Inc. (AIT) is 6.81%, while Primo Brands Corp (PRMB) has a volatility of 9.62%. This indicates that AIT experiences smaller price fluctuations and is considered to be less risky than PRMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIT | PRMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.81% | 9.62% | -2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 19.32% | 30.06% | -10.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.52% | 47.82% | -21.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.51% | 42.56% | -12.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.29% | 42.56% | -9.27% |
Dividends
AIT vs. PRMB - Dividend Comparison
AIT's dividend yield for the trailing twelve months is around 0.61%, less than PRMB's 1.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIT Applied Industrial Technologies, Inc. | 0.61% | 0.72% | 0.62% | 0.81% | 1.08% | 1.29% | 1.64% | 1.86% | 2.22% | 1.70% | 1.89% | 2.67% |
PRMB Primo Brands Corp | 1.82% | 2.45% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AIT vs. PRMB - Financials Comparison
This section allows you to compare key financial metrics between Applied Industrial Technologies, Inc. and Primo Brands Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AIT vs. PRMB - Profitability Comparison
AIT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Industrial Technologies, Inc. reported a gross profit of 397.52M and revenue of 1.25B. Therefore, the gross margin over that period was 31.8%.
PRMB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Primo Brands Corp reported a gross profit of 464.90M and revenue of 1.63B. Therefore, the gross margin over that period was 28.6%.
AIT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Industrial Technologies, Inc. reported an operating income of 137.93M and revenue of 1.25B, resulting in an operating margin of 11.0%.
PRMB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Primo Brands Corp reported an operating income of 138.00M and revenue of 1.63B, resulting in an operating margin of 8.5%.
AIT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Industrial Technologies, Inc. reported a net income of 99.77M and revenue of 1.25B, resulting in a net margin of 8.0%.
PRMB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Primo Brands Corp reported a net income of 27.30M and revenue of 1.63B, resulting in a net margin of 1.7%.
Frequently Asked Questions
AIT and PRMB have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRMB has higher volatility (9.62%) compared to AIT (6.81%). In terms of maximum drawdown, AIT dropped -66.47% vs PRMB's -59.12%.
AIT currently has the higher Sharpe Ratio (1.52 vs -0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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