EVI Industries (EVI)
Market Price (6/19/2026): $15.91 | Market Cap: $204.7 MilSector: Industrials | Industry: Trading Companies & Distributors
EVI Industries (EVI)
Market Price (6/19/2026): $15.91Market Cap: $204.7 MilSector: IndustrialsIndustry: Trading Companies & Distributors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 17% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37% Megatrend and thematic driversMegatrends include Automation & Robotics, and Sustainable Resource Management. Themes include Process / Warehouse Automation, Resource Efficiency Solutions, Show more. | Weak multi-year price returns2Y Excs Rtn is -52%, 3Y Excs Rtn is -98% | Key risksEVI key risks include [1] challenges integrating companies and managing debt from its "buy-and-build" acquisition strategy and [2] operational disruptions stemming from its reliance on a few key suppliers. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 17% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -37% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, and Sustainable Resource Management. Themes include Process / Warehouse Automation, Resource Efficiency Solutions, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -52%, 3Y Excs Rtn is -98% |
| Key risksEVI key risks include [1] challenges integrating companies and managing debt from its "buy-and-build" acquisition strategy and [2] operational disruptions stemming from its reliance on a few key suppliers. |
Qualitative Assessment
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EVI Industries (EVI) stock has lost about 20% since 2/28/2026 because of the following key factors:
1. Disappointing Fiscal Q3 2026 Earnings, Missing Analyst Expectations.
EVI Industries reported diluted earnings per share (EPS) of $0.05 for its fiscal third quarter ended March 31, 2026, a notable decline from $0.07 in the prior-year quarter and significantly below the consensus analyst estimate of $0.16. Net income also decreased to $0.8 million from $1.0 million year-over-year, despite an 8% increase in revenue to $101.1 million and a 17% rise in gross profit to $32.8 million.
2. Weakened Operating Cash Flow and Increased Working Capital Consumption.
The company experienced a sharp year-over-year decline in operating cash flow, which fell 76.12% to $2.2 million in fiscal Q3 2026. Concurrently, inventory levels rose to $80.2 million from $66.1 million, primarily due to project delays caused by severe weather conditions and customer facility readiness issues, as well as proactive purchasing in anticipation of manufacturer price increases and tariffs. This increase in inventory and a rise in long-term debt to $60.0 million from $53.0 million impacted the company's financial flexibility and liquidity.
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EVI Industries (EVI) stock has lost about 20% since 2/28/2026 because of the following key factors:
1. Disappointing Fiscal Q3 2026 Earnings, Missing Analyst Expectations.
EVI Industries reported diluted earnings per share (EPS) of $0.05 for its fiscal third quarter ended March 31, 2026, a notable decline from $0.07 in the prior-year quarter and significantly below the consensus analyst estimate of $0.16. Net income also decreased to $0.8 million from $1.0 million year-over-year, despite an 8% increase in revenue to $101.1 million and a 17% rise in gross profit to $32.8 million.
2. Weakened Operating Cash Flow and Increased Working Capital Consumption.
The company experienced a sharp year-over-year decline in operating cash flow, which fell 76.12% to $2.2 million in fiscal Q3 2026. Concurrently, inventory levels rose to $80.2 million from $66.1 million, primarily due to project delays caused by severe weather conditions and customer facility readiness issues, as well as proactive purchasing in anticipation of manufacturer price increases and tariffs. This increase in inventory and a rise in long-term debt to $60.0 million from $53.0 million impacted the company's financial flexibility and liquidity.
3. Significant Institutional Investor Selling.
Several large institutional investors reduced their holdings in EVI Industries during fiscal Q1 2026. Notably, Northwestern Mutual Wealth Management Co. divested shares valued at approximately $24.87 million, and Gemmer Asset Management LLC removed shares estimated at $21.04 million. These substantial reductions in institutional positions signal a decrease in investor confidence.
4. Analyst Price Target Reduction.
Following the release of the fiscal Q3 2026 earnings report, DA Davidson, an investment firm, lowered its price target for EVI Industries from $35 to $32. This adjustment was attributed to the earnings results falling short of expectations, primarily due to weather-related delays in installations impacting the company's performance.
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Stock Movement Drivers
Fundamental Drivers
The -18.2% change in EVI stock from 2/28/2026 to 6/18/2026 was primarily driven by a -14.7% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6182026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.43 | 15.90 | -18.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 427 | 435 | 1.8% |
| Net Income Margin (%) | 1.7% | 1.6% | -5.6% |
| P/E Multiple | 33.9 | 28.9 | -14.7% |
| Shares Outstanding (Mil) | 13 | 13 | -0.1% |
| Cumulative Contribution | -18.2% |
Market Drivers
2/28/2026 to 6/18/2026| Return | Correlation | |
|---|---|---|
| EVI | -18.2% | |
| Market (SPY) | 9.2% | 19.4% |
| Sector (XLI) | 2.4% | 24.8% |
Fundamental Drivers
The -22.2% change in EVI stock from 11/30/2025 to 6/18/2026 was primarily driven by a -32.2% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 6182026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.44 | 15.90 | -22.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 404 | 435 | 7.5% |
| Net Income Margin (%) | 1.5% | 1.6% | 7.6% |
| P/E Multiple | 42.7 | 28.9 | -32.2% |
| Shares Outstanding (Mil) | 13 | 13 | -0.7% |
| Cumulative Contribution | -22.2% |
Market Drivers
11/30/2025 to 6/18/2026| Return | Correlation | |
|---|---|---|
| EVI | -22.2% | |
| Market (SPY) | 9.9% | 21.0% |
| Sector (XLI) | 18.4% | 24.0% |
Fundamental Drivers
The -13.4% change in EVI stock from 5/31/2025 to 6/18/2026 was primarily driven by a -19.4% change in the company's Net Income Margin (%).| (LTM values as of) | 5312025 | 6182026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.36 | 15.90 | -13.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 370 | 435 | 17.5% |
| Net Income Margin (%) | 2.0% | 1.6% | -19.4% |
| P/E Multiple | 31.4 | 28.9 | -7.7% |
| Shares Outstanding (Mil) | 13 | 13 | -0.8% |
| Cumulative Contribution | -13.4% |
Market Drivers
5/31/2025 to 6/18/2026| Return | Correlation | |
|---|---|---|
| EVI | -13.4% | |
| Market (SPY) | 28.1% | 26.8% |
| Sector (XLI) | 28.4% | 27.8% |
Fundamental Drivers
The -14.5% change in EVI stock from 5/31/2023 to 6/18/2026 was primarily driven by a -40.2% change in the company's Net Income Margin (%).| (LTM values as of) | 5312023 | 6182026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.59 | 15.90 | -14.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 343 | 435 | 26.7% |
| Net Income Margin (%) | 2.7% | 1.6% | -40.2% |
| P/E Multiple | 25.0 | 28.9 | 15.6% |
| Shares Outstanding (Mil) | 13 | 13 | -2.3% |
| Cumulative Contribution | -14.5% |
Market Drivers
5/31/2023 to 6/18/2026| Return | Correlation | |
|---|---|---|
| EVI | -14.5% | |
| Market (SPY) | 85.7% | 28.9% |
| Sector (XLI) | 95.3% | 35.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EVI Return | 4% | -24% | 0% | -30% | 52% | -36% | -45% |
| Peers Return | 33% | 1% | 8% | 7% | -7% | 1% | 46% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 98% |
Monthly Win Rates [3] | |||||||
| EVI Win Rate | 50% | 33% | 50% | 42% | 58% | 33% | |
| Peers Win Rate | 69% | 48% | 48% | 56% | 43% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| EVI Max Drawdown | -45% | -76% | -30% | -41% | -46% | -41% | |
| Peers Max Drawdown | -17% | -27% | -23% | -22% | -27% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ALH, WHR, ITW, AIT, GPC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)
How Low Can It Go
| Event | EVI | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -16.0% | -7.8% |
| % Gain to Breakeven | 19.1% | 8.5% |
| Time to Breakeven | 38 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -15.9% | -9.5% |
| % Gain to Breakeven | 19.0% | 10.5% |
| Time to Breakeven | 6 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -13.2% | -6.7% |
| % Gain to Breakeven | 15.2% | 7.1% |
| Time to Breakeven | 14 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -75.0% | -24.5% |
| % Gain to Breakeven | 299.7% | 32.4% |
| Time to Breakeven | 1150 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -37.1% | -33.7% |
| % Gain to Breakeven | 59.1% | 50.9% |
| Time to Breakeven | 73 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -34.1% | -19.2% |
| % Gain to Breakeven | 51.8% | 23.8% |
| Time to Breakeven | 816 days | 105 days |
In The Past
EVI Industries's stock fell -8.3% during the 2025 US Tariff Shock. Such a loss loss requires a 9.1% gain to breakeven.
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| Event | EVI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -75.0% | -24.5% |
| % Gain to Breakeven | 299.7% | 32.4% |
| Time to Breakeven | 1150 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -37.1% | -33.7% |
| % Gain to Breakeven | 59.1% | 50.9% |
| Time to Breakeven | 73 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -34.1% | -19.2% |
| % Gain to Breakeven | 51.8% | 23.8% |
| Time to Breakeven | 816 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -29.6% | -12.2% |
| % Gain to Breakeven | 42.1% | 13.9% |
| Time to Breakeven | 150 days | 62 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -56.6% | -53.4% |
| % Gain to Breakeven | 130.6% | 114.4% |
| Time to Breakeven | 1469 days | 1085 days |
In The Past
EVI Industries's stock fell -8.3% during the 2025 US Tariff Shock. Such a loss loss requires a 9.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About EVI Industries (EVI)
EVI Industries, Inc. (EVI) operates as a leading distributor, seller, renter, and lessor of essential commercial, industrial, and vended laundry and dry cleaning equipment. The company also specializes in steam and hot water boiler systems, providing critical infrastructure solutions for organizations that require robust washing, drying, and related heating applications across various sectors.
The company's core product portfolio encompasses a wide array of commercial laundry equipment, including machinery for washing, drying, finishing, material handling, water heating, power generation, and water reuse. In addition to these primary equipment offerings, EVI Industries supplies all necessary replacement parts and accessories. A significant component of its service offering includes comprehensive installation, maintenance, and repair services, ensuring the continuous and efficient operation of the equipment for its clients.
EVI Industries serves a broad and diverse customer base, including government entities, institutional organizations, industrial facilities, commercial businesses, and retail operations. The company's market reach is extensive, with operations spanning the United States, Canada, the Caribbean, Latin America, and Asia, establishing it as a key provider of specialized equipment and services across multiple international territories.
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Here are a few analogies for EVI Industries:
- Xerox for commercial laundry equipment: Like Xerox provides and services copiers and printers for businesses, EVI Industries supplies, leases, and maintains commercial and industrial laundry and dry cleaning equipment.
- Caterpillar for commercial laundry equipment: Similar to how Caterpillar provides heavy machinery, parts, and services for construction and mining, EVI Industries offers a complete solution for commercial laundry needs, from equipment to maintenance.
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- Commercial, Industrial, and Vended Laundry and Dry Cleaning Equipment: EVI Industries distributes, sells, rents, and leases a wide range of equipment for washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.
- Steam and Hot Water Boilers: The company also distributes, sells, rents, and leases steam and hot water boilers.
- Replacement Parts and Accessories: EVI Industries supplies various replacement parts and accessories for the equipment it provides.
- Installation, Maintenance, and Repair Services: The company offers comprehensive services including the installation, ongoing maintenance, and repair of the equipment it sells or leases.
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EVI Industries (symbol: EVI) primarily sells its commercial and industrial laundry and dry cleaning equipment, steam and hot water boilers, related parts, and services to other companies and organizations, rather than directly to individuals.
While EVI Industries does not publicly disclose the names of its specific major customer companies, it serves a diverse range of client types. Based on the company description, its customer categories include:
- Government customers
- Institutional customers
- Industrial customers
- Commercial customers
- Retail customers
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The major suppliers of EVI Industries are:
- Electrolux Professional AB (Nasdaq Stockholm: EPRO)
- Girbau S.A.
- Whirlpool Corporation (NYSE: WHR)
- Alliance Laundry Systems LLC
- LG Electronics Inc. (KRX: 066570)
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Henry M. Nahmad, Chairman, President, and Chief Executive Officer
Henry M. Nahmad has served as Chairman, President, and Chief Executive Officer of EVI Industries, Inc. since March 2015, when he acquired a controlling interest in the Company. Under his leadership, EVI has transformed from a single operating business with 30 employees into a rapidly expanding enterprise, holding a commanding position in its industry. He has spearheaded a "buy-and-build strategy," leading to the acquisition of thirty-two businesses since 2016, aimed at expanding geographic reach and enhancing operational efficiency. Earlier in his career, Mr. Nahmad worked in various capacities at Watsco, Inc. (NYSE: WSO), gaining valuable experience in executing a buy-and-build strategy. He also previously served as Chief Executive Officer of Chemstar Corp., a provider of food safety and sanitation solutions, from July 2009 to March 2014. Mr. Nahmad holds a bachelor's degree in economics from the University of Texas and a Master's in Business Administration from the FW Olin Graduate School of Business at Babson College.
Robert H. Lazar, Chief Financial Officer and Chief Accounting Officer
Robert H. Lazar has served as Chief Financial Officer of EVI Industries, Inc. since December 2016, having joined the Company as its Chief Accounting Officer and Vice President of Finance in January 2017. Before his tenure at EVI, Mr. Lazar was the Vice President of Finance and Chief Accounting Officer for Steiner Leisure Limited, a NASDAQ-listed company, from 2000 to 2016. His professional experience also includes serving as a Senior Audit Manager for Arthur Andersen LLP from August 1995 to June 2000. Mr. Lazar earned his Bachelor of Accounting from the University of South Florida and a Master's of Accounting from the University of Miami.
Tom Marks, Executive Vice President - Business Development and President of West Region
Tom Marks has been an Executive Vice President of EVI Industries, Inc. since October 2016 and also serves as the President of the Company's Western Laundry Group. Prior to this role, Mr. Marks was the Executive Vice President of Western State Design, which was EVI's first acquisition of a commercial laundry business. He was also a partner to Dennis Mack at Western State Design for over fifteen years and was instrumental in developing and executing the growth strategy that established Western State Design as a prominent commercial laundry distributor.
Dennis Mack, Executive Vice President, Corporate Strategy and Director
Dennis Mack has served as Executive Vice President of EVI Industries, Inc. since October 2016, at which time the Company acquired Western State Design. His corporate title was changed to Executive Vice President, Corporate Strategy in December 2018. Mr. Mack founded Western State Design in 1974 and served as its President until 2020. Alongside his partner, Tom Marks, he built Western State Design into one of the leading distributors of commercial laundry products in the United States. He currently serves in a non-executive position as a strategic advisor to the Company's Chief Executive Officer.
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- Acquisition Risks: EVI Industries' growth strategy is significantly reliant on acquisitions, which presents inherent risks. These include challenges in successfully integrating acquired companies, potential diversion of management's attention from core operations, the possible loss of key employees or customer relationships from acquired entities, and increased financial leverage through debt or contingent liabilities.
- Supply Chain Disruptions: The company is vulnerable to interruptions in its supply chain, which can arise from factors such as labor shortages, governmental regulations, and natural disasters. Such disruptions could lead to increased operational costs and delays in delivering products to customers.
- Labor Market Challenges: EVI Industries faces risks related to the competitive labor market. Difficulties in attracting and retaining qualified personnel, alongside rising labor costs, could adversely impact the company's operational efficiency and its ability to provide services to customers.
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EVI Industries, Inc. operates within several addressable markets related to commercial, industrial, and vended laundry and dry cleaning equipment, as well as steam and hot water boilers. The market sizes for their main products and services are detailed below:
Commercial Laundry Equipment Market
- The global commercial laundry equipment market was valued at approximately USD 15,250.75 million in 2024 and is projected to reach USD 26,140.40 million by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 7.15% from 2025 to 2032.
- In North America, the commercial laundry machinery market held a value of USD 3.71 billion in 2023, accounting for 36.4% of the global market share.
- The U.S. commercial laundry machines market was valued at USD 1.1 billion in 2024 and is expected to grow at a CAGR of 5.2% from 2025 to 2034.
- The Asia-Pacific region is a rapidly expanding market for commercial laundry equipment, holding approximately 20% of the global share.
Industrial Laundry Equipment Market
- Globally, the industrial laundry equipment market was estimated at USD 5.98 billion in 2023 and is projected to reach USD 8.93 billion by 2032, with a CAGR of 4.55% from 2024 to 2032.
- North America represented approximately 25% of the global industrial laundry equipment market share in 2023. The U.S. industrial laundry machine market is expected to grow from USD 0.44 billion in 2023 to USD 0.82 billion by 2032, at a CAGR of 7.25%.
- The Asia-Pacific region accounted for around 35% of the global market share in 2023 and held the largest industrial laundry machine market share, valuing at USD 1.3 billion in 2025 and USD 1.39 billion in 2026.
Vended Laundry Equipment Market
- The global vended laundry equipment market was valued at USD 3.01 billion in 2024 and is projected to reach USD 4.38 billion by 2031, growing at a CAGR of 4.80% during the forecast period from 2024 to 2031. The market is also projected to experience an annual growth rate of 9.7% from 2025 to 2032.
Dry Cleaning Equipment Market
- The global dry cleaning equipment market size was valued at USD 1.53 million in 2026 and is expected to reach USD 2.16 million by 2035, growing at a CAGR of 3.9% during the forecast period.
- The broader global dry-cleaning and laundry services market was valued at USD 36.91 billion in 2024 and is projected to grow to USD 54.43 billion by 2034, exhibiting a CAGR of 5.8% from 2025 to 2034.
- The USA Laundry Facilities Dry Cleaning Services Market is valued at approximately USD 9.8 billion.
Commercial and Hot Water Boilers Market
- The global commercial boiler market was estimated at USD 16.2 billion in 2025 and is expected to grow to USD 34.7 billion by 2035, at a CAGR of 7.7% from 2026 to 2035.
- The global commercial steam boiler market is estimated to be valued at USD 5.0 billion in 2025 and is projected to reach USD 10.0 billion by 2035, registering a CAGR of 7.1% over the forecast period.
- Europe dominated the commercial boiler market in 2024.
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Here are the expected drivers of future revenue growth for EVI Industries (EVI) over the next 2-3 years:
- Strategic Acquisitions: EVI Industries consistently employs a "buy-and-build" growth strategy, which has historically been a significant driver of revenue growth. The company continues to evaluate additional growth opportunities within the laundry ecosystem and maintains a disciplined acquisition strategy to expand its market presence and offerings.
- Organic Growth Initiatives: Alongside acquisitions, EVI is focused on achieving organic revenue growth. The company reported a 7% compounded annual growth rate in organic revenue and plans to continue expanding its customer base through organic initiatives and broadening its OEM representations.
- Investment in Technology and Operational Modernization: EVI Industries is committed to investing in its workforce, processes, and technology to drive long-term growth and enhance efficiency. This includes deploying advanced field service technology to optimize technician scheduling and dispatch, and implementing analytics-driven inventory and procurement tools. These investments aim to improve service consistency, margins, and expand complementary product and service offerings.
- Expansion of Service Capabilities and Network: The company emphasizes the scale of its sales and service network across North America. EVI plans to deliver exceptional service at scale, with investments aimed at responding more rapidly to technical service needs and executing more coordinated equipment installations. Improved service interactions are also expected to generate insights for preventative maintenance or equipment replacement opportunities, leading to further sales.
- Market and Geographic Expansion: EVI has expanded into new geographies and holds a leading position in the North American commercial laundry distribution industry. Recent acquisitions, such as Continental, are expected to provide new channels for growth by leveraging relationships with independent distributors across North America, serving as a master distributor for OEMs to accelerate market penetration.
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Share Repurchases
- EVI Industries repurchased shares to satisfy employee tax withholding obligations, with amounts of $(716) thousand in fiscal 2025 and $(1,244) thousand in fiscal 2024.
- For the six months ended December 31, 2025, repurchases for employee tax withholding obligations totaled $(1,470) thousand.
- As of March 31, 2021, the company had 434,622 shares remaining available under a stock buyback program authorized in October 2020, which allowed for the repurchase of up to 500,000 shares with no expiration date.
Share Issuance
- The company issued shares under its employee stock purchase plan, totaling $124 thousand in fiscal 2025 and $116 thousand in fiscal 2024.
- Shares were also issued in connection with acquisitions in fiscal 2025.
- Stockholders approved the 2025 Equity Incentive Plan in December 2025, which allows for awards to employees, officers, directors, and consultants.
Inbound Investments
- EVI Industries expanded its credit facility from $100 million to $150 million, with an accordion feature for an additional $50 million (totaling $200 million), in fiscal 2025 to support its acquisition strategy.
- The revolving credit facility was further amended in March 2025, increasing the total potential availability by $60 million to $200 million and extending its maturity date from May 2027 to March 2030.
Outbound Investments
- EVI Industries actively pursues a "buy-and-build" growth strategy, completing 31 acquisitions since 2016.
- In fiscal 2025, the company completed four acquisitions, including the purchase of Girbau North America (now Continental Laundry Solutions), which was the largest transaction in its history and is expected to add approximately $50 million in annual revenue. Cash paid for acquisitions, net of cash acquired, was $(46,925) thousand in fiscal 2025 and $(1,949) thousand in fiscal 2024.
- Recent acquisitions include Belenkyinc (March 2026), Girbau North America (March 2025), Haiges Machinery (January 2025), and O'Dell Equipment & Supply (November 2024).
Capital Expenditures
- Capital expenditures totaled $(4,861) thousand in fiscal 2025 and $(4,867) thousand in fiscal 2024.
- The company anticipates that existing cash, cash from operations, and funds from its credit facility will cover capital expenditures for at least the next twelve months (from September 2025).
- EVI Industries has been investing in technology initiatives, including a field service platform that expanded to 27 business units by June 2025, and new analytics-driven inventory and procurement tools.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| EVI Industries Earnings Notes | 12/16/2025 | |
| With EVI Industries Stock Down 9.3% In A Week, How Confident Are You? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 73.78 |
| Mkt Cap | 9.0 |
| Rev LTM | 10,008 |
| Op Inc LTM | 554 |
| FCF LTM | 317 |
| FCF 3Y Avg | 429 |
| CFO LTM | 415 |
| CFO 3Y Avg | 623 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.8% |
| Rev Chg 3Y Avg | 3.1% |
| Rev Chg Q | 7.0% |
| QoQ Delta Rev Chg LTM | 1.7% |
| Op Inc Chg LTM | 4.5% |
| Op Inc Chg 3Y Avg | -0.9% |
| Op Mgn LTM | 7.9% |
| Op Mgn 3Y Avg | 6.1% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 6.8% |
| CFO/Rev 3Y Avg | 6.1% |
| FCF/Rev LTM | 5.7% |
| FCF/Rev 3Y Avg | 4.7% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Commercial laundry | 390 | 354 | |||
| Single Segment | 354 | 267 | 242 | ||
| Total | 390 | 354 | 354 | 267 | 242 |
| $ Mil | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Commercial and Industrial Laundry and Dry cleaning equipment and boilers | 3 | 3 | 3 | ||
| License and franchise operations | 0 | 0 | 0 | 0 | 0 |
| Corporate | -0 | -0 | -0 | -0 | -0 |
| Commercial & Industrial Laundry & Drycleaning | 1 | 1 | |||
| Total | 3 | 3 | 3 | 1 | 1 |
| $ Mil | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Commercial and Industrial Laundry and Dry cleaning equipment and boilers | 8 | 13 | 10 | ||
| License and franchise operations | 1 | 1 | 1 | 1 | 1 |
| Corporate | 0 | 0 | 0 | 0 | 0 |
| Commercial & Industrial Laundry & Drycleaning | 10 | 10 | |||
| Total | 9 | 14 | 11 | 11 | 11 |
Price Behavior
| Market Price | $15.90 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 03/27/1990 | |
| Distance from 52W High | -53.7% | |
| 50 Days | 200 Days | |
| DMA Price | $18.57 | $22.94 |
| DMA Trend | down | down |
| Distance from DMA | -14.4% | -30.7% |
| 3M | 1YR | |
| Volatility | 52.6% | 62.1% |
| Downside Capture | 113.18 | 196.19 |
| Upside Capture | -20.47 | 124.80 |
| Correlation (SPY) | 19.6% | 27.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.78 | 2.30 | 1.03 | 1.18 | 1.55 | 1.14 |
| Up Beta | 6.76 | 4.16 | 2.04 | 1.19 | 2.16 | 1.22 |
| Down Beta | -0.48 | 1.17 | -0.28 | 0.09 | 0.52 | 0.89 |
| Up Capture | -8% | -2% | 48% | 117% | 164% | 116% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 12 | 21 | 32 | 61 | 119 | 371 |
| Down Capture | 193% | 330% | 140% | 173% | 159% | 108% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 8 | 20 | 31 | 63 | 131 | 373 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EVI | |
|---|---|---|---|---|
| EVI | -13.3% | 62.0% | 0.01 | - |
| Sector ETF (XLI) | 28.7% | 16.2% | 1.38 | 28.2% |
| Equity (SPY) | 26.5% | 12.4% | 1.61 | 27.3% |
| Gold (GLD) | 24.2% | 27.5% | 0.77 | 9.4% |
| Commodities (DBC) | 19.8% | 18.8% | 0.83 | -8.1% |
| Real Estate (VNQ) | 11.0% | 13.7% | 0.52 | 23.8% |
| Bitcoin (BTCUSD) | -38.3% | 42.4% | -1.02 | 14.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EVI | |
|---|---|---|---|---|
| EVI | -12.8% | 61.7% | 0.03 | - |
| Sector ETF (XLI) | 13.5% | 17.5% | 0.61 | 25.1% |
| Equity (SPY) | 13.5% | 17.1% | 0.62 | 23.0% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 4.5% |
| Commodities (DBC) | 7.5% | 19.4% | 0.29 | 4.0% |
| Real Estate (VNQ) | 1.9% | 18.9% | 0.00 | 18.3% |
| Bitcoin (BTCUSD) | 11.6% | 54.2% | 0.41 | 15.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EVI | |
|---|---|---|---|---|
| EVI | 15.1% | 64.0% | 0.49 | - |
| Sector ETF (XLI) | 14.2% | 20.0% | 0.62 | 24.2% |
| Equity (SPY) | 15.3% | 18.0% | 0.73 | 22.9% |
| Gold (GLD) | 12.3% | 16.1% | 0.63 | 4.2% |
| Commodities (DBC) | 5.9% | 18.0% | 0.26 | 7.5% |
| Real Estate (VNQ) | 5.3% | 20.7% | 0.22 | 20.3% |
| Bitcoin (BTCUSD) | 60.4% | 66.8% | 1.00 | 11.0% |
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Returns Analyses
Earnings Returns History
Updated 6/12/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | -12.2% | -10.6% | -9.4% |
| 2/9/2026 | -3.8% | -14.8% | -20.4% |
| 11/10/2025 | -7.9% | -24.0% | -19.3% |
| 9/11/2025 | -3.5% | 4.9% | -0.2% |
| 5/12/2025 | 10.7% | 16.2% | 18.3% |
| 2/10/2025 | -6.4% | -6.2% | -0.9% |
| 11/12/2024 | -7.1% | -11.6% | -11.3% |
| 9/12/2024 | 7.8% | 16.6% | 18.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 9 |
| # Negative | 13 | 13 | 14 |
| Median Positive | 2.0% | 5.5% | 18.3% |
| Median Negative | -4.1% | -9.6% | -12.4% |
| Max Positive | 10.7% | 16.6% | 32.3% |
| Max Negative | -12.2% | -24.0% | -22.3% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | -12.2% | -10.6% | -9.4% |
| 2/9/2026 | -3.8% | -14.8% | -20.4% |
| 11/10/2025 | -7.9% | -24.0% | -19.3% |
| 9/11/2025 | -3.5% | 4.9% | -0.2% |
| 5/12/2025 | 10.7% | 16.2% | 18.3% |
| 2/10/2025 | -6.4% | -6.2% | -0.9% |
| 11/12/2024 | -7.1% | -11.6% | -11.3% |
| 9/12/2024 | 7.8% | 16.6% | 18.4% |
| 5/9/2024 | -7.1% | -9.6% | -17.0% |
| 2/9/2024 | 5.3% | 4.4% | -0.2% |
| 11/9/2023 | 1.5% | -1.1% | 8.5% |
| 5/10/2023 | 0.3% | 1.7% | 21.3% |
| 2/9/2023 | -2.7% | -7.7% | -16.1% |
| 11/8/2022 | 2.4% | 6.1% | 27.3% |
| 9/13/2022 | -1.3% | -0.7% | 14.8% |
| 5/11/2022 | -7.6% | -23.6% | -22.3% |
| 2/9/2022 | -0.9% | 0.7% | -19.2% |
| 11/9/2021 | 0.7% | 6.6% | -6.1% |
| 9/14/2021 | 0.8% | 1.4% | 15.8% |
| 5/11/2021 | -0.6% | 9.6% | 32.3% |
| 2/9/2021 | 3.9% | -13.3% | -13.4% |
| 11/9/2020 | 1.7% | -3.2% | -5.4% |
| 9/15/2020 | -4.1% | -6.9% | 6.2% |
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 9 |
| # Negative | 13 | 13 | 14 |
| Median Positive | 2.0% | 5.5% | 18.3% |
| Median Negative | -4.1% | -9.6% | -12.4% |
| Max Positive | 10.7% | 16.6% | 32.3% |
| Max Negative | -12.2% | -24.0% | -22.3% |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Trading Companies & Distributors Resources |
| Modern Distribution Management (MDM) |
| Industrial Distribution |
| Supply Chain Digital |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.