EVI Industries, Inc.

26.49-1.47 (-5.26%)

Oct 29, 4:00:00 PM EDT · NYSE American · EVI · USD

Upcoming Earnings

Report date

Nov 10, 2025 (in 11 days)

Key Stats

Market Cap

340.15M

P/E (TTM)

54.06

Basic EPS (TTM)

0.49

Dividend Yield

Recent Filings

8-K

Record results via acquisitions

9/11/25Sep 11, 2025

EVI Industries reported record fiscal 2025 results, with revenue up 10% to $390 million and net income rising 33% to $7.5 million, driven by four acquisitions including the landmark $50 million-revenue Continental Laundry Solutions deal that bolsters distribution networks. Adjusted EBITDA climbed 11% to $25.0 million amid organic 7% CAGR growth and tech upgrades in field service and ERP systems. The board declared a $0.33 per share special cash dividend, payable October 6, 2025. Acquisitions fuel expansion, yet integration costs pressure short-term margins.

10-K

FY2025 results

9/11/25Sep 11, 2025

EVI Industries posted FY2025 revenues of $389.8M, up 10% y/y, fueled by acquisitions and price hikes to offset costs, while net income climbed 33% to $7.5M on gross margins expanding to 30.4% from 29.8% via better product mix and solution selling. Q4 momentum accelerated with acquired businesses like Girbau North America contributing early revenue, though full quarterly breakdowns aren't disclosed; sequential improvements shone in operating cash flow rebounding to $21.3M annually despite AR buildup. Key drivers included four buys totaling $51M cash, boosting scale in laundry distribution, yet SG&A rose 12% to 26.8% of sales from integration spends. Liquidity strengthened with $8.9M cash and $56.1M revolver availability against $53M debt at 5.68%; capex held steady at $4.9M while a $0.33/share dividend signals steady allocation. Acquisitions demand swift integration. Supply chain disruptions could stall quarterly growth.

8-K

Record revenue, major acquisition

5/12/25May 12, 2025

EVI Industries reported record nine-month revenue of $280 million, up 6% year-over-year, with gross profit hitting $84.4 million at a 30.2% margin, while net income rose to $5.4 million. Operating cash flow reached $11.3 million, supporting three acquisitions and technology investments. Post-quarter, EVI closed its largest deal acquiring Girbau North America on April 1, 2025, to boost revenue and profit in commercial laundry distribution. Acquisitions fuel growth, yet integration costs pressure short-term margins.

10-Q

Q3 FY2025 results

5/12/25May 12, 2025

EVI Industries posted solid Q3 FY2025 results, with revenues climbing 11% year-over-year to $93.5M, fueled by price hikes, large industrial jobs, and fresh acquisitions, while gross margins held steady at 30.0% despite lower-margin projects. Operating income dipped slightly to $2.3M from $2.4M last year, but net income edged up to $1.0M, or $0.07 diluted EPS, matching prior-year levels after reconciling with 13.1M weighted shares. Acquisitions drove the momentum: LPF closed July 2024 for $5.9M cash, recognizing $2.4M goodwill; ODL in November for $4.6M cash, $1.9M goodwill; HMI in February for $2.0M cash, $0.7M goodwill—all with customer intangibles amortized over 10 years. Cash swelled to $5.9M, free cash flow hit $8.2M (derived), and debt stood at $24.0M under a beefed-up $150M facility with $64.0M available, maturing 2030. Acquisitions keep expanding the footprint. Yet competition squeezes pricing power in this fragmented market.

8-K

EVI seals GNA acquisition

4/3/25Apr 3, 2025

EVI Industries closed its acquisition of Girbau North America on April 2, 2025, bolstering its North American commercial laundry dominance. GNA added $75 million in 2024 revenue and 9.5% operating income, projecting pro forma boosts of 14% to EVI's revenue and 54% to operating income for the year. EVI's culture will empower GNA's veteran team for decentralized growth. Yet integration risks could temper expected gains.

About

EVI Industries, Inc., through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment. It sells and/or leases commercial laundry equipment, specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications. The company offers washroom, finishing, material handling, and mechanical equipment, such as washers and dryers, tunnel systems, and vended machines; finishing equipment, such as sheet feeders, flatwork ironers, automatic sheet folders, and stackers; and material handling equipment, including conveyor and rail systems. It also provides mechanical equipment, such as boilers, hot water/steam systems, air compressors, and power generation products, as well as water purification, reuse, and recycling systems used for temperature control, heating, pressing and de-wrinkling, sterilization, product sealing, and other purposes in the laundry and dry cleaning, healthcare, food and beverage, and other industrial markets. In addition, the company supplies related replacement parts and accessories, offers planning, designing, and consulting services related to customers' commercial laundry operations, and provides installation, maintenance, and repair services to government, institutional, industrial, commercial, and retail customers. It has operations in the United States, Canada, the Caribbean, and Latin America. The company was formerly known as EnviroStar, Inc. and changed its name to EVI Industries, Inc. in December 2018. EVI Industries, Inc. was founded in 1959 and is based in Miami, Florida.

CEO

Mr. Robert H. Lazar

IPO

3/27/1990

Website

https://www.evi-ind.com

Employees

850

Sector

Industrials

Industry

Industrial Distribution