Liquidity Services vs UniFirst
UniFirst reported revenue of $2.5 billion in fiscal 2026, 5.3 times Liquidity Services' $477 million in fiscal 2025. Liquidity Services' revenue grew 31.2% in its latest year, and UniFirst's grew 3.7%. Liquidity Services had an operating margin of 7.4%, against 5.4% at UniFirst. Free cash flow was $59 million at Liquidity Services and $71 million at UniFirst. Their fiscal years end in different months (September 30 and August 29), so the periods don't line up exactly.
Side by side
| Liquidity Services | UniFirst | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2026, Aug 29, 2026 |
| Revenue | $477M | $2.5B |
| Revenue growth | 31.2% | 3.7% |
| Revenue growth a year, last 5 years | 18.3% | 6.7% |
| Gross margin | 43.8% | 36.6% |
| Operating margin | 7.4% | 5.4% |
| Net margin | 5.9% | 4.3% |
| Free cash flow | $59M | $71M |
| Free cash flow margin | 12.4% | 2.8% |
| Return on capital | — | 5.2% |
| Net debt to EBITDA | — | −0.7x |
| Dividends and buybacks | $16M | $58M |
| Change in diluted share count | 2.5% | −2.1% |
| Last close | $43.64 | $235.40 |
| P/E at the last close | 42.8× | 39.1× |
| Insider trades, last 12 months | sold $14.1 million | sold $574,916 |
| Piotroski F-score | — | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Liquidity ServicesUniFirst
Operating margin
Percent of revenue
Liquidity ServicesUniFirst
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Liquidity ServicesUniFirst
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Liquidity Services and UniFirst pages.