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Side-by-side financial comparison of EVI INDUSTRIES, INC. (EVI) and H2O AMERICA (HTO). Click either name above to swap in a different company.

H2O AMERICA is the larger business by last-quarter revenue ($199.4M vs $115.3M, roughly 1.7× EVI INDUSTRIES, INC.). H2O AMERICA runs the higher net margin — 8.1% vs 2.1%, a 6.1% gap on every dollar of revenue. On growth, EVI INDUSTRIES, INC. posted the faster year-over-year revenue change (24.4% vs 1.5%). Over the past eight quarters, EVI INDUSTRIES, INC.'s revenue compounded faster (17.2% CAGR vs 15.3%).

EVI Industries, Inc. is a leading distributor of commercial laundry, dry cleaning, and garment care equipment, as well as related parts and supplies. It primarily serves commercial customers across North America, including laundromats, hospitality businesses, healthcare facilities, and multi-family housing properties, offering installation, maintenance and after-sales support services.

H2O Wireless is a United States-based prepaid cell phone service, that utilizes the AT&T network. It is a brand of the mobile virtual network operator (MVNO) Locus Telecommunications, a subsidiary of Telrite Holdings, Inc., since 2019. Locus was formerly a subsidiary of KDDI America corporation, starting in 2010. H2O Wireless is primarily advertised as a non-restrictive phone service for customers to bring or buy unlocked smartphones, although AT&T contract/locked phones may be accepted as well.

EVI vs HTO — Head-to-Head

Bigger by revenue
HTO
HTO
1.7× larger
HTO
$199.4M
$115.3M
EVI
Growing faster (revenue YoY)
EVI
EVI
+22.9% gap
EVI
24.4%
1.5%
HTO
Higher net margin
HTO
HTO
6.1% more per $
HTO
8.1%
2.1%
EVI
Faster 2-yr revenue CAGR
EVI
EVI
Annualised
EVI
17.2%
15.3%
HTO

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
EVI
EVI
HTO
HTO
Revenue
$115.3M
$199.4M
Net Profit
$2.4M
$16.2M
Gross Margin
30.8%
Operating Margin
3.7%
16.6%
Net Margin
2.1%
8.1%
Revenue YoY
24.4%
1.5%
Net Profit YoY
109.9%
-29.2%
EPS (diluted)
$0.15
$0.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EVI
EVI
HTO
HTO
Q4 25
$115.3M
$199.4M
Q3 25
$108.3M
$243.5M
Q2 25
$110.0M
$197.8M
Q1 25
$93.5M
$164.9M
Q4 24
$92.7M
$196.5M
Q3 24
$93.6M
$216.7M
Q2 24
$90.1M
$173.1M
Q1 24
$84.0M
$150.0M
Net Profit
EVI
EVI
HTO
HTO
Q4 25
$2.4M
$16.2M
Q3 25
$1.8M
$45.1M
Q2 25
$2.1M
$24.7M
Q1 25
$1.0M
$16.6M
Q4 24
$1.1M
$22.9M
Q3 24
$3.2M
$38.7M
Q2 24
$2.1M
$20.7M
Q1 24
$956.0K
$11.7M
Gross Margin
EVI
EVI
HTO
HTO
Q4 25
30.8%
Q3 25
31.3%
Q2 25
30.8%
Q1 25
30.0%
Q4 24
29.7%
Q3 24
30.8%
Q2 24
30.4%
Q1 24
30.7%
Operating Margin
EVI
EVI
HTO
HTO
Q4 25
3.7%
16.6%
Q3 25
3.3%
26.5%
Q2 25
3.7%
22.2%
Q1 25
2.4%
21.8%
Q4 24
2.6%
22.2%
Q3 24
5.3%
26.9%
Q2 24
4.1%
23.4%
Q1 24
2.9%
18.6%
Net Margin
EVI
EVI
HTO
HTO
Q4 25
2.1%
8.1%
Q3 25
1.7%
18.5%
Q2 25
1.9%
12.5%
Q1 25
1.1%
10.0%
Q4 24
1.2%
11.7%
Q3 24
3.5%
17.8%
Q2 24
2.3%
12.0%
Q1 24
1.1%
7.8%
EPS (diluted)
EVI
EVI
HTO
HTO
Q4 25
$0.15
$0.45
Q3 25
$0.11
$1.27
Q2 25
$0.14
$0.71
Q1 25
$0.07
$0.49
Q4 24
$0.07
$0.70
Q3 24
$0.21
$1.17
Q2 24
$0.13
$0.64
Q1 24
$0.06
$0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EVI
EVI
HTO
HTO
Cash + ST InvestmentsLiquidity on hand
$20.7M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$144.0M
$1.5B
Total Assets
$315.6M
$5.1B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVI
EVI
HTO
HTO
Q4 25
$20.7M
Q3 25
$4.7M
$11.3M
Q2 25
$8.9M
$19.8M
Q1 25
$5.9M
$23.7M
Q4 24
$3.9M
$11.1M
Q3 24
$4.4M
$4.0M
Q2 24
$4.6M
$22.8M
Q1 24
$3.3M
$4.5M
Total Debt
EVI
EVI
HTO
HTO
Q4 25
$1.9B
Q3 25
Q2 25
Q1 25
$24.0M
Q4 24
$27.9M
$1.7B
Q3 24
$19.9M
Q2 24
$12.9M
Q1 24
$21.9M
Stockholders' Equity
EVI
EVI
HTO
HTO
Q4 25
$144.0M
$1.5B
Q3 25
$140.8M
$1.5B
Q2 25
$143.5M
$1.5B
Q1 25
$140.2M
$1.4B
Q4 24
$138.0M
$1.4B
Q3 24
$136.1M
$1.3B
Q2 24
$136.6M
$1.3B
Q1 24
$133.5M
$1.2B
Total Assets
EVI
EVI
HTO
HTO
Q4 25
$315.6M
$5.1B
Q3 25
$321.8M
$5.0B
Q2 25
$307.0M
$4.8B
Q1 25
$251.8M
$4.7B
Q4 24
$248.8M
$4.7B
Q3 24
$245.5M
$4.6B
Q2 24
$230.7M
$4.4B
Q1 24
$239.3M
$4.4B
Debt / Equity
EVI
EVI
HTO
HTO
Q4 25
1.23×
Q3 25
Q2 25
Q1 25
0.17×
Q4 24
0.20×
1.26×
Q3 24
0.15×
Q2 24
0.09×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EVI
EVI
HTO
HTO
Operating Cash FlowLast quarter
$4.0M
$63.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.70×
3.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVI
EVI
HTO
HTO
Q4 25
$4.0M
$63.5M
Q3 25
$1.0M
$77.3M
Q2 25
$9.9M
$60.8M
Q1 25
$9.1M
$43.2M
Q4 24
$2.0M
$41.5M
Q3 24
$207.0K
$53.5M
Q2 24
$12.4M
$49.3M
Q1 24
$9.4M
$51.2M
Free Cash Flow
EVI
EVI
HTO
HTO
Q4 25
Q3 25
$-890.0K
Q2 25
$8.2M
Q1 25
$8.1M
Q4 24
$1.1M
Q3 24
$-1.0M
Q2 24
$11.2M
Q1 24
$8.1M
FCF Margin
EVI
EVI
HTO
HTO
Q4 25
Q3 25
-0.8%
Q2 25
7.5%
Q1 25
8.7%
Q4 24
1.2%
Q3 24
-1.1%
Q2 24
12.4%
Q1 24
9.7%
Capex Intensity
EVI
EVI
HTO
HTO
Q4 25
Q3 25
1.8%
Q2 25
1.5%
Q1 25
1.1%
Q4 24
0.9%
Q3 24
1.3%
Q2 24
1.3%
Q1 24
1.5%
Cash Conversion
EVI
EVI
HTO
HTO
Q4 25
1.70×
3.92×
Q3 25
0.55×
1.71×
Q2 25
4.74×
2.47×
Q1 25
8.79×
2.61×
Q4 24
1.74×
1.81×
Q3 24
0.06×
1.39×
Q2 24
5.99×
2.38×
Q1 24
9.85×
4.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EVI
EVI

Segment breakdown not available.

HTO
HTO

Water Utility Services$191.0M96%
Other$8.4M4%

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