Mission Statement, Vision, & Core Values of EVI Industries, Inc. (EVI)

You're looking at EVI Industries, Inc. (EVI) not just as a distributor of commercial laundry equipment, but as a case study in how a clear Mission and Core Values translate directly to the bottom line, especially when executing a disciplined 'buy-and-build' strategy.

Their principles of long-term investment and financial strength helped drive a 33% increase in Net Income to $7.5 million in fiscal year 2025, so the question for you is: are these values just corporate boilerplate, or are they the engine behind their record $390 million in revenue?

Do you defintely know which core value dictates their decentralized operating model, and how that impacts their ability to integrate the four acquisitions they completed in 2025?

EVI Industries, Inc. (EVI) Overview

You're looking for a clear picture of EVI Industries, Inc. (EVI), and the direct takeaway is this: the company has successfully executed a disciplined 'buy-and-build' strategy to become the dominant player in a highly fragmented niche, delivering record financial results in the last fiscal year.

EVI Industries has a long history, founded in 1959, but its modern growth story truly began in 2015 when Henry M. Nahmad acquired a controlling interest. Since then, the company has focused relentlessly on becoming the undisputed leader in the North American commercial laundry distribution and service industry. It's a simple, effective model: acquire successful, family-owned regional businesses and empower their local leaders while providing corporate financial strength and technology.

The company's products and services cover the full spectrum of commercial laundry operations, from selling and leasing the core equipment to providing the essential technical support. Think of everything a commercial, industrial, or institutional customer needs for their laundry-from washing, drying, and finishing equipment to water heating, power generation, and water reuse applications. They are a value-added distributor and service provider, not just a box-shipper.

• Sell, lease, and rent commercial laundry equipment.
• Provide installation, maintenance, and repair services.
• Offer planning, design, and consulting advisory services.
• Supply replacement parts and accessories.

This strategy has fueled massive expansion. By the end of fiscal year 2025 (FYE June 30, 2025), EVI had completed 31 acquisitions since 2016, expanding its footprint across the United States, Canada, the Caribbean, and Latin America. This growth pushed the company's total revenue for fiscal year 2025 to a record-breaking $390 million.

That's real growth, not just paper gains.

Fiscal 2025 Financial Performance: Records Across the Board

The latest full-year results, for the fiscal year ended June 30, 2025, show a company hitting its stride. EVI Industries reported record revenues, gross profit, and net income, demonstrating that its acquisition and integration strategy is working to drive shareholder value. The company's focus on higher-margin services and parts is defintely paying off, improving the overall profitability profile.

For the 2025 fiscal year, EVI's revenue climbed 10% to a record $390 million compared to the prior year. More impressively, Gross Profit increased 12% to a record $118 million, pushing the gross margin to a record 30.4% of revenue. Here's the quick math on profitability: Net Income jumped 33% to $7.5 million, and Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 11% to $25.0 million. What this estimate hides, however, is the short-term impact of integrating acquisitions, which is why you see a dip in Q1 2026 net income, but the long-term trend is clear.

The company continues to invest heavily in its future. In fiscal 2025 alone, EVI completed four acquisitions, including the largest in its history, Girbau North America (now Continental Laundry Solutions). Also, the three-year compounded annual growth rate (CAGR) in organic revenue-meaning growth from businesses owned for at least four years-was a strong 7%, proving the core business is healthy and not just reliant on M&A.

EVI Industries: The Undisputed Industry Leader

EVI Industries is not just a participant; it has established itself as the leader in the highly fragmented North American commercial laundry distribution and service industry. It is the only American public company operating exclusively in this space, giving it a unique advantage in terms of capital access and disciplined management. The company's buy-and-build philosophy, which retains the entrepreneurial spirit of the acquired businesses while providing financial and technological resources, is the key to its success.

The strategic acquisitions, coupled with a focus on technology and an expansive service network, allow EVI to offer a comprehensive solution that smaller, regional competitors simply cannot match. This is why EVI's compounded annual growth rates since 2016 are so compelling: 30% in revenue and 15% in net income. If you want to understand the nuts and bolts of how they maintain this financial strength and manage their debt, you should read Breaking Down EVI Industries, Inc. (EVI) Financial Health: Key Insights for Investors.

EVI Industries, Inc. (EVI) Mission Statement

You're looking for the bedrock of EVI Industries, Inc.'s (EVI) long-term performance, and you're right to focus on the mission statement. It's not just a plaque on the wall; it's the operating manual for capital deployment and strategic growth. EVI's mission is centered on building the undisputed leader in the commercial laundry distribution and service industry by consistently delivering comprehensive, high-quality equipment solutions and unmatched aftermarket support. This clear focus is what translates directly into the financial strength we saw in fiscal year 2025.

The mission is the filter for every decision, from a new acquisition to an investment in field service technology. It's simple, but defintely precise. The company's long-term growth strategy, which has driven a compounded annual growth rate (CAGR) of 7% in organic revenue over the last three years, is a direct outcome of this mission. If you want to understand how EVI generates value, you need to look at its three core mission components. EVI Industries, Inc. (EVI): History, Ownership, Mission, How It Works & Makes Money is a great place to start.

Core Component 1: Providing Comprehensive Commercial Laundry Equipment Solutions

The first pillar of the mission is about being a complete solutions provider, not just a box-shipper. This means offering everything from initial planning and design to consultation and installation. EVI serves a massive and diverse customer base of approximately 55,000 customers, spanning healthcare, hospitality, government, and industrial laundries. That's a lot of moving parts.

In fiscal year 2025, EVI demonstrated this commitment by completing four strategic acquisitions, including the largest in the company's history, which significantly expanded its geographic footprint and service capabilities. This buy-and-build strategy is how they ensure the solution is truly comprehensive, covering all major US markets. The result? Total revenue for fiscal year 2025 hit a record $390 million, an increase of 10% over the prior year, proving that a holistic approach pays off.

Core Component 2: Distributing High-Quality Industrial Washing and Drying Equipment

The second component is purely about product quality and distribution excellence. In a business where equipment downtime is a major cost for customers, the quality of the industrial washing, drying, and finishing equipment is non-negotiable. EVI's model relies on strong relationships with key manufacturers, which accounted for approximately 72% of their product purchases in fiscal 2025. This concentration ensures supply chain reliability and access to the best-in-class machinery.

The focus on quality and disciplined operations directly impacts the bottom line. Here's the quick math: Gross Profit for fiscal year 2025 reached a record $118 million, representing a Gross Margin of 30.4%. That margin is a testament to efficient distribution and the value customers place on reliable, high-quality equipment. It's simple: Sell better equipment, and you get better margins.

Core Component 3: Offering Specialized Aftermarket Parts and Service Support

The third, and arguably most critical, component is the aftermarket service. This is where the long-term customer relationship is built and where recurring revenue is secured. EVI views its technical expertise-installation, maintenance, and repair-as a core competitive advantage. They are not just selling a machine; they are selling uptime.

EVI's investment in technology to support this mission is a clear action point. Their advanced Field Service Management (FSM) platform is now utilized by over 425 highly trained service professionals. This platform is driving real-world efficiency gains: it supported approximately 9,000 service appointments in September 2025 alone, a massive jump from the prior year. This focus on service quality is a key driver of customer loyalty and is reflected in the company's strong operational performance, which generated $21.3 million in operating cash flow for fiscal year 2025.

• Invest in technology to scale service.
• Empower local service teams (Decentralized Core Value).
• Ensure technical expertise is unmatched.

This commitment to service is what sustains the business across market cycles, making EVI a fundamentally solid investment.

EVI Industries, Inc. (EVI) Vision Statement

You're looking for the clear, guiding principles behind EVI Industries, Inc.'s (EVI) consistent performance, and the answer is less about a single-sentence vision and more about a deeply embedded operating philosophy. The company's vision is to build the undisputed leader in and around the North American commercial laundry distribution and service industry. They pursue this through a disciplined, long-term buy-and-build strategy, which is the real engine of their growth.

This approach isn't theoretical; it's what drove fiscal year 2025 revenue to a record $390 million, a 10% increase, and boosted Net Income by 33% to $7.5 million. That's a clear map of near-term execution against a long-term goal.

Long-Term Focus and Industry Leadership

EVI's vision starts with a commitment to the long haul-they invest and manage with a long-term perspective. This isn't just a feel-good statement; it dictates their capital allocation. Since 2016, this focus has delivered impressive compounded annual growth rates (CAGR), including a 30% CAGR in revenue and a 27% CAGR in Adjusted EBITDA. That kind of consistent growth is defintely not accidental.

The core of this vision is establishing market dominance in commercial laundry distribution and service across the U.S., Canada, the Caribbean, and Latin America. They are the only American public company focused exclusively on this fragmented industry, which gives them a unique, clear target. You can see the market's confidence in their strategy by Exploring EVI Industries, Inc. (EVI) Investor Profile: Who's Buying and Why?.

The Buy-and-Build Growth Strategy

The primary mechanism for achieving EVI's vision is their proven buy-and-build growth strategy. This strategy has two distinct, equally important parts:

• Buy: Pursue strategic acquisitions that complement the existing business, like the purchase of Girbau North America (now Continental Laundry Solutions) in fiscal 2025. This was the largest acquisition in company history, adding an expected $50 million in annual revenue.
• Build: Encourage organic growth within the acquired businesses by adding product lines, expanding sales teams, investing in scalable technologies, and promoting idea exchange. This 'build' component is working, generating a 7% three-year compounded annual growth rate in organic revenue.

In fiscal 2025, EVI completed four acquisitions, which expanded their geographic footprint and enhanced their service capabilities. This is how they consolidate a fragmented market-one strategic, disciplined deal at a time.

Financial Discipline and Strength

A key core value is upholding financial discipline to ensure financial strength and flexibility. This is crucial because the 'buy' part of the strategy requires capital. Here's the quick math: EVI deployed $46.9 million across strategic acquisitions during fiscal 2025, which increased their net debt to $44.1 million as of June 30, 2025. This debt increase is a direct, planned investment in their growth vision.

What this investment hides is the underlying profitability: Gross Profit for fiscal 2025 was a record $118 million, representing a healthy gross margin of 30.4% of revenue. The company also generated $21.3 million in cash flow during the year, which helps offset the acquisition costs. They even declared a special cash dividend of $0.33 per share in September 2025, reflecting their strong results and confidence in their capital structure.

Entrepreneurial Culture and Decentralization

EVI's internal core values are designed to support the external growth strategy. They foster an entrepreneurial culture and a growth mindset. This is an empathetic caveat for investors: integrating new companies is hard, so EVI's model respects the founders and management teams that join the EVI family.

The company operates each business as a local entity, empowering leaders to make local decisions. This decentralized model is critical for maintaining high-quality service-the foundation of future sales-by equipping technicians with enhanced field service platforms. By the end of fiscal 2025, 28 of their 31 business units were operating on the end-state enterprise resource planning (ERP) platform, which provides the centralized data needed for smart, decentralized decisions.

EVI Industries, Inc. (EVI) Core Values

You're looking for the substance behind the numbers at EVI Industries, Inc. (EVI), not just the headline figures. The truth is, a company's core values are the operating manual for its capital allocation and growth strategy. For EVI, these principles aren't just posters on a wall; they are the engine driving the $390 million in revenue and $25.0 million in Adjusted EBITDA reported for the fiscal year ended June 30, 2025. This is how they translate philosophy into performance.

EVI's strategy-a disciplined buy-and-build approach in the fragmented commercial laundry distribution industry-is directly anchored in five clear values. This framework is what separates a consistent compounder from a one-hit wonder.

This value is about patience and strategic commitment, not chasing quarterly noise. EVI's leadership is focused on building the undisputed industry leader, which means prioritizing durable growth over short-term margin optimization. The proof is in their sustained investment: since the strategy started in 2016, EVI has achieved a 30% compounded annual growth rate (CAGR) in revenue.

In fiscal year 2025, the company deployed $46.9 million into strategic acquisitions, demonstrating a long-term commitment to market consolidation and expansion. This kind of capital deployment is a clear action-it shows they are willing to take on temporary debt, with net debt rising to $44.1 million as of June 30, 2025, to secure future market share and growth. That's a calculated bet on the long game.

• Invest for market leadership, not just immediate profit.
• Three-year organic revenue CAGR of 7% shows consistent internal growth.
• Prioritize platform building over short-term gains.

A commitment to financial discipline ensures the company has the flexibility to execute its buy-and-build strategy without undue risk. EVI aims to maintain a strong balance sheet and access to low-cost capital, which is essential for funding acquisitions and technology upgrades.

The company's fiscal 2025 results show this discipline in action: Gross Profit reached a record $118 million, representing a strong 30.4% margin. This performance is what allows them to reward shareholders, as evidenced by the special cash dividend of $0.33 per share declared in September 2025. A healthy gross margin provides the cushion needed to absorb the integration costs of new acquisitions and still deliver solid net income, which grew 33% to $7.5 million in FY2025.

EVI's model is built on respecting and empowering the founders and management teams of the businesses they acquire. They don't just buy companies; they buy into the entrepreneurial spirit and leadership that built them. This value is critical because it ensures continuity and local market expertise.

The company's management team is largely composed of the founders of its acquired businesses, who collectively own more than 60% of the company. This structure is the program; it's how they instill a growth mindset and a culture of continuous improvement across the entire platform. They use the exchange of ideas and business concepts among these experienced leaders to drive the 'build' component of their strategy, which includes investments in new product lines and advanced technologies.

This value is the operational translation of the entrepreneurial culture. EVI operates each acquired business as a local entity, empowering local leaders to make local decisions. This is crucial in a service-heavy distribution industry where regional customer relationships and service expertise matter most.

Instead of a rigid, top-down structure, EVI provides a shared, centralized platform for capital, technology, and best practices, but keeps the decision-making authority close to the customer. This local focus allows their extensive network of commercial laundry technicians to provide unmatched technical expertise and a high level of customer support. For investors, this decentralized model is a risk mitigator, as it means local market issues don't immediately become company-wide problems. If you want to dive deeper into how this model impacts their balance sheet, you should read Breaking Down EVI Industries, Inc. (EVI) Financial Health: Key Insights for Investors.

EVI defintely believes in putting its money where its mouth is by aligning the interests of employees, management, and shareholders. They incentivize and reward performance with equity participation. This is more than just a bonus; it makes every key employee think like an owner.

A recent example of this in action is the routine share transaction reported in November 2025, where Chairman and CEO Henry M. Nahmad surrendered 3,058 shares of common stock to cover tax withholding obligations related to the vesting of restricted stock awards. This mechanism ensures that management's wealth is directly tied to the company's long-term stock performance, reinforcing the long-term perspective. With insiders owning over 60% of the company, their focus is inherently on maximizing long-term shareholder value, not just short-term gains.