Quality Investor

EVI Industries, Inc.

Rank #97Op. Leverage

EVI · NYSE · Industrials

EVI Industries, Inc. (EVI) — Rank #97 by gross profitability (GP/assets 0.46) · ROE 5.1% · Piotroski F-Score 6 / 9.

As-of 2026-09-15 · CIK 0000065312 · all metrics point-in-time as of the filing date.

About

EVI Industries, Inc., through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment.

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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. Additionally, it provides consumer garment care services. 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.

Industry
Industrial Distribution
Sector
Industrials
State
DE
Filer Category
Accelerated filerSmaller reporting company
Fiscal Year End
June 30

Price History

EVI-35.5% · -8.4% CAGRSPY+80.5% · +12.5% CAGR

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

$216.87M

P/E (annual)

35.1

P/S (annual)

0.5

P/B

1.4

P/OCF (annual)

10.5

Shareholder Yield

-0.6%

Employees

900

Industry

Industrial Distribution

Exchange

NYSE

Signal Flags

2 green2 yellow
Revenue growth acceleratingGrowth rate increasing year over year
Operating leverage expandingOperating income growing faster than revenue
Dilution above 2%Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation
Disclosure regressionA previously-disclosed line item is no longer reported — worth checking the filing for why

Quality Profile

Profitability

1/1 pass
GP / assets
0.46
Return on equity
5.1%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.03
Current ratio
1.64×
Net cash
-$46.34M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
1.2%

Growth

1/2 pass
Revenue growth
26.3%
Piotroski F-Score
6 / 9
Share dilution
2.9%

Terry Smith quality gate

Passes 1/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

Valuation History

Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.

P / E

Price / diluted EPS

57.6xFair
37.5xmed 57.6x392.7x

P / S

Price / revenue per share

0.0xCheap
0.0xmed 1.2x3.4x

P / B

Price / book value per share

0.0xCheap
0.0xmed 2.9x9.1x

P / GP

Price / gross profit per share

0.0xCheap
0.0xmed 5.2x14.4x

P / FCF

Price / free cash flow per share

N/A
14.6xmed 38.5x124.8x

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.46

Primary signal (Novy-Marx).

Return on equity

5.1%

Gross margin

31.5%

Revenue growth (YoY)

26.3%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

Revenue CAGR (5Y)

Earnings CAGR (3Y)

-7.4%

FCF CAGR (3Y)

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.03

Current ratio

1.64×

Quick ratio

0.71×

Net cash

-$46.34M

Cash & equivalents minus total debt.

Recession resistance

Revenue through recessions

Worst single-year YoY revenue decline, 15 years of history

Strong
2008-2009 (GFC)
N/AN/A
2020 (COVID)
3.3%Grew through it
Worst year on record(any fiscal year, not recession-limited)
-9.1%Mild decline

Cash-flow health

Free cash flow

$13.45M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

0.74

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

1.2%

Stock-based comp intensity.

Dividend safety

Composite score

2.0 / 5

Fair
Payout ratio
64.6%2/5 Fair
FCF coverage
2.70×4/5 Strong
Dividend growth streak
1 yr1/5 Weak
Balance-sheet health
D/E 1.03 · IC N/A1/5 Weak

Piotroski F-Score

F-Score

6 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20202025
Value
Op. Leverage
Hypergrowth
Capital Return