EVI Industries Inc
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
The business model has held up for ten straight years and stayed profitable throughout — that's a genuine strength. Still, several material operating questions remain open: net margin runs structurally at only 1.6 to 1.9 percent, the roughly 7 percent organic growth figure is an unaudited company claim with no GAAP breakdown, debt rose sharply after the Girbau acquisition, and net income already fell 8 percent in the first nine months of fiscal year 2026 while integration and modernization costs continue to weigh on results. That combination rules out both a green and a red light and lands squarely on a yellow one, with the open questions named plainly. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
EVI Industries has grown revenue elevenfold since fiscal year 2016 and turned a profit in every single one of those years — a documented, working buy-and-build model with rising gross margin and three consecutive special dividends. But by its own account organic revenue grew only about 7 percent a year, part of the bill was paid with 83 percent more shares since 2016 and, most recently, a sharp debt increase after the Girbau acquisition; control sits firmly with management and the board, whose compensation has exceeded the entire company's profit in weaker years. Not investment advice.
Operating substance & track record
Ten consecutive profitable fiscal years (fiscal year 2016 through 2025), gross margin up from 24.7% (fiscal year 2021) to 30.4% (fiscal year 2025), three consecutive special dividends (October 2023 through October 2025) — a working business model with documented scale economies.
Organic growth
Only about 7 percent organic revenue growth per year per the September 11, 2025 press release, against a ten-year total revenue CAGR of roughly 29 percent (May 11, 2026 release) — an audited GAAP breakdown of organic versus acquired growth is entirely absent from both the annual and quarterly reports.
Dilution
Shares outstanding up 83 percent since September 2016 (7.03 million to 12,869,113 shares as of May 6, 2026), roughly $76.4 million paid in stock for acquisitions; net income CAGR (15%) remains well below revenue CAGR (29%, May 11, 2026 release).
Balance sheet & leverage
Net debt jumped to $55.7 million (March 31, 2026) after the Girbau acquisition; only $36.3 million of covenant headroom remains on the $150 million credit facility, and interest expense rose 72% in the first nine months of fiscal year 2026.
Governance & control
Management and the board control 56.2% of the vote (proxy dated November 20, 2025; 57.4% per the annual report as of June 30, 2025), partly through stockholders agreements with sellers; fiscal year 2025 CEO compensation of $5.35 million equaled 71% of net income (fiscal year 2024: 105%).
Valuation
A trailing P/E of roughly 33 (August 27, 2026) against a net margin of only 1.6–1.9% sits alongside a modest price-to-sales ratio of roughly 0.44; the company's Adjusted EBITDA excludes stock-based compensation (roughly 20% of Adjusted EBITDA in the first nine months of fiscal year 2026), flattering the reported valuation.
Worth Noting
EVI Industries surfaced while screening serial acquirers among U.S. small caps; the stock traded around $14.70 on August 27, 2026, near its 52-week low, 57 percent below its high of $34.48.
EVI's fiscal year ends June 30, not December 31 — "fiscal year 2025" means the period from July 2024 through June 2025. The annual report for the already-completed fiscal year 2026 had not yet been filed as of this analysis (August 29, 2026).
Analyses are evergreen: the $14.70 price (August 27, 2026) is a dated valuation anchor, not a buy signal. Don't confuse the two ownership figures: SEC-proxy voting control (56.2–57.4%) and the broader fundamental-data insider-ownership metric (roughly 59.6%) use different methodologies.
Stock Watch
This analysis is as of August 29, 2026. Stock Watch will tell you what's changed at EVI since then.
Later $1 a month per stock — signing up is free, and you'll be the first to know when it launches.
Price history
Chart
Interactive price chart (TradingView).
52-week range: 13.00 $ to 34.40 $ · Last price: 17.70 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Industrial Distribution
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| EVI Industries Inc EVI | 0.2 | 37.7 | 11.7 | 31.5 | – | 10.3 | -34.1 |
| WW Grainger Inc GWW | 59.6 | 33.7 | 20.6 | 39.4 | 16.7 | 4.5 | 27.6 |
| Fastenal Company FAST | 56.8 | 44.0 | 29.1 | 44.7 | 20.3 | 8.7 | 6.0 |
| Ferguson Plc FERG | 41.6 | 21.1 | 15.7 | 30.6 | 8.1 | 3.8 | -5.7 |
| WESCO International Inc WCC | 16.5 | 23.2 | 14.1 | 21.4 | 5.1 | 7.8 | 59.4 |
| Watsco Inc WSO | 13.0 | 25.3 | 18.4 | 27.5 | 6.9 | -5.0 | -18.6 |
| Watsco Inc WSO-B | 12.9 | 26.8 | 18.7 | 27.5 | 10.9 | -5.0 | -19.8 |
| QXO, Inc. QXO | 12.0 | – | 40.7 | 24.5 | -11.8 | 11,930.7 | -44.4 |
| Applied Industrial Technologies AIT | 12.0 | 29.7 | 18.9 | 30.3 | 11.0 | 1.9 | 23.0 |
| Median of companies shown | 13.0 | 28.3 | 18.7 | 30.3 | 9.5 | 4.5 | -5.7 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2017 | 94 | 5 | 3 | 0.30 | 3 | 32 | 57 |
| 2018 | 150 | 7 | 4 | 0.35 | 11 | 57 | 95 |
| 2019 | 228 | 4 | 4 | 0.31 | -9 | 82 | 154 |
| 2020 | 236 | 3 | 1 | 0.06 | 23 | 88 | 161 |
| 2021 | 242 | 3 | 8 | 0.67 | 14 | 107 | 180 |
| 2022 | 267 | 6 | 4 | 0.32 | -2 | 118 | 234 |
| 2023 | 354 | 17 | 10 | 0.76 | 1 | 131 | 258 |
| 2024 | 354 | 12 | 6 | 0.43 | 33 | 137 | 231 |
| 2025 | 390 | 14 | 8 | 0.57 | 21 | 143 | 307 |
| 2026 | 447 | 16 | 8 | 0.57 | 21 | 150 | 305 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.09 | -15.80 | 93 | 1.50 | 1.20 | 2 | 1 |
| 2025: Q1 | 0.08 | 8.90 | 94 | 11.40 | 1.10 | 9 | 8 |
| 2025: Q2 | 0.16 | 1.50 | 110 | 22.00 | 1.90 | 10 | 8 |
| 2025: Q3 | 0.14 | -42.80 | 108 | 15.60 | 1.70 | 1 | -1 |
| 2025: Q4 | 0.18 | 109.90 | 115 | 24.40 | 2.10 | 4 | 2 |
| 2026: Q1 | 0.06 | -27.70 | 101 | 8.10 | 0.70 | 2 | 1 |
| 2026: Q2 | 0.17 | 6.30 | 122 | 10.80 | 2.20 | 13 | 12 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 2 of our scanner strategies — each hit links to the scanner.
Quality & Balance Sheet
Research
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 06/30/2027 | 0.97 | 0.97 – 0.97 | 484 | 102.1% | 1 |
| 06/30/2028 | 1.26 | 1.26 – 1.26 | 507 | 29.9% | 1 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 5.7% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $13.5M |
|---|---|
| Market cap | $233.0M |
| Free cash flow in year ten | $23.5M |
| Terminal value as a share of market value | 53.2% |
For comparison: over the past five years free cash flow grew by 4.4% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Geprüft am 28.08.2026 gegen drei Geschäftsberichte (10-K, Geschäftsjahre 2023, 2024 und 2025) und vier Quartalsberichte (10-Q, Stichtage 31.03.2025 bis 31.03.2026): In keinem dieser sieben SEC-Filings von EVI Industries kommen die Begriffe „artificial intelligence“, „machine learning“, „generative“, „algorithm“ oder „AI“ überhaupt vor — weder als Umsatzquelle noch als operativer Einsatz noch als Risikofaktor. Technologie wird ausschließlich ohne KI-Bezug erwähnt: die Einführung eines Warenwirtschaftssystems („enterprise resource planning (‚ERP‘) systems“) als internes IT-Projekt samt zugehörigem Umsetzungsrisiko, allgemeine „advanced technologies designed to improve the customer experience“ im Wettbewerbsabschnitt sowie Cybersicherheit in Item 1C. Der einzige Treffer auf „automat“ ist eine Produktbeschreibung des Handelssortiments („automatic sheet folders“ — automatische Faltmaschinen für Wäschereien), also verkaufte Fremdhersteller-Hardware ohne KI. Eigene Forschung und Entwicklung bezeichnet EVI selbst als unwesentlich, da die vertriebenen Produkte von den Herstellern entwickelt werden. Damit greift nach der Vorrang-Regel keine der Kategorien „verkauft“, „bedroht“ oder „nutzt“ — dokumentierter Negativ-Befund, Einstufung „neutral“.
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-Q 2026-05-11 · 10-Q 2026-02-09 · 10-Q 2025-11-10 · 10-K 2025-09-11 · 10-Q 2025-05-12 · 10-K 2024-09-12 · 10-K 2023-10-05
Rated on August 28, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 8.0%
- More than 10% revenue growth is expected for the coming year 5.6%
- Share count grows by less than 3% a year 2.2%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 17.6%
- Gross margin at 40% or higher and without meaningful erosion 31.5%
- Goodwill from acquisitions does not grow faster than revenue 30.9%
- Net debt below twice EBITDA 2.4 x EBITDA
- Operating cash flow covers the profits of the last three years 54 m
- Return on capital at 15% or higher, or up versus two years ago 7.2%
- Insiders hold at least 10% or are net buyers 59.6%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
8/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 18.9%
- Exp. sales growth 3Y > 5% 6.5%
- EBIT growth 10Y > 5% 12.7%
- Exp. EBIT growth 3Y > 5% 49.3%
- Net debt < 4x EBIT 3.6x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 59.9%
- Return on equity > 15% 28.2%
- ROCE > 15% 7.2%
- Expected return > 10% 57.9%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 11, 2026 | Lazar Robert | Chief Financial Officer | Other | 473 | 15.90 | 7,521 |
| Sep 11, 2026 | Nahmad Henry M | Chairman, CEO & President | Other | 20,762 | 15.90 | 330,116 |
| Sep 11, 2026 | Marks Thomas | EVP, Business Development | Other | 2,010 | 15.90 | 31,959 |
The company
About the Company
EVI Industries, Inc. befasst sich über seine Tochtergesellschaften mit dem Vertrieb, Verkauf, der Vermietung und dem Leasing von gewerblichen und industriellen Wäscherei- und Reinigungsanlagen.
- Employees
- 900
- Headquarters
- Miami, FL
- Address
- 4500 Biscayne Blvd., 33137 Miami, United States
- Phone
- 305 402 9300
- Website
- evi-ind.com
- IPO Date
- 03/27/1990
- ISIN
- US26929N1028
- Stock Split
- 21:20 on 08/29/1986
- Stock Split
- 21:20 on 08/30/1985
- Stock Split
- 21:20 on 08/31/1984
Management
| Name | Title | Birth Year |
|---|---|---|
| Henry M. Nahmad | Founder, President, CEO & Chairman | 1979 |
| Robert H. Lazar | CFO & Chief Accounting Officer | 1964 |
| Thomas Marks | Executive VP of Business Development & President of West Region | 1959 |
| Dennis Diaz | Director of Marketing | – |
| Dennis Mack | Strategic Advisor & Director | 1944 |
| Peter Limoncelli | President of Northeast Operation | – |
| Lloyd Frank | Secretary | 1925 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 09/08/2026 EVI INDUSTRIES, INC. (EVI): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
- 09/02/2026 EVI INDUSTRIES, INC. (EVI): Entry into a Material Definitive Agreement; Other Events; Financial Statements and Exhibits SEC ↗
- 07/23/2026 EVI INDUSTRIES, INC. (EVI): Entry into a Material Definitive Agreement; Unregistered Sales of Equity Securities; Other Events; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.