EVI Industries, Inc.
New York Stock Exchange AmericanCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Henry Nahmad
- Full Time Employees
- 750
- Sector
- Industrials
- Industry
- Industrial - Distribution
- Address
- 4500 Biscayne Boulevard Miami FL United States of America 33137
- IPO Date
- Mar 27, 1990
- CIK
- 0000065312
- Website
- evi-ind.com
- Similar Companies
- Business
- EVI Industries, Inc. (NYSE American: EVI) serves as a value-added distributor and provider of technical services in the North American commercial laundry industry, offering planning, designing, and consulting services alongside the sale and lease of specialized equipment. The company distributes commercial laundry equipment encompassing washers, dryers, tunnel systems, ironers, feeders, folders, and vended machines; finishing, material handling, mechanical, water heating, power generation, and water reuse systems; dry-cleaning machines, pressing equipment, and related parts and accessories. EVI Industries supports customers through an extensive network of technicians delivering installation, maintenance, and repair services to optimize laundry operations across replacement and new construction markets. The company targets commercial, industrial, institutional, and government operators in sectors including healthcare, hospitality, cruise lines, foodservice, correctional facilities, multi-housing, uniform rental, and vended laundry, laundering linens, uniforms, blankets, and textiles. EVI Industries maintains the industry's largest product portfolio and technician network, operating distribution and service centers throughout the United States and Canada. Founded in 1957 and headquartered in Miami, Florida, the company pursues a buy-and-build strategy, completing 31 acquisitions since 2016 to drive revenue growth at a 30% CAGR, net income at 18% CAGR, and adjusted EBITDA at 27% CAGR through June 30, 2025. In fiscal 2025, EVI Industries achieved record results with revenue of $390 million, up 10% year-over-year, gross profit of $118 million at 30.4% margin, and four acquisitions including its largest, Girbau North America (rebranded Continental Laundry Solutions) for $43 million on April 1, 2025, adding approximately $50 million in annual revenue and a distributor support platform serving over 80 independent clients. The company amended its credit agreement on March 28, 2025, extending maturity to March 2030, raising revolving commitments to $150 million with a $50 million accordion for $200 million total capacity, and declared a special cash dividend of $0.33 per share payable October 6, 2025. EVI Industries advanced technology initiatives with field service software rollout to 27 business units, enterprise resource planning across 28 units, business intelligence tools, and a planned fiscal 2026 e-commerce platform launch, alongside 7% compounded annual organic revenue growth over three years.
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