Mays (J.W.) Inc (MAYS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Jun 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MAYS SEC filings page.
Mays (J.W.) Inc (MAYS) reported $21.4M in revenue over the twelve months to Apr 30, 2026, down 3.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Operating cash generation is recurring, but capital spending absorbs most of it and leaves accounting profitability near break-even.
The gap between a$136K net loss and$2.5M of operating cash flow in FY2025 is not a contradiction: roughly$1.8M of depreciation helps explain why cash generation exceeds reported earnings. Yet after$2.4M of capital spending, free cash flow was only$128K , showing that the business converts operations into cash but must reinvest heavily to retain that cash outcome.
Profitability improved without reaching breakeven: the operating margin moved from
Leverage has steadily receded: debt-to-equity fell from 0.14x in FY2021 to 0.1x in FY2025, while total liabilities declined to
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Mays (J.W.) Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Mays (J.W.) Inc scores 27/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Mays (J.W.) Inc scores 40/100 on it among other REITs.
Mays (J.W.) Inc's net debt of $2.5M, being $3.2M of long-term debt less $749K of cash, came to 1.51 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and Mays (J.W.) Inc scores 90/100 among other REITs.
Mays (J.W.) Inc reported an operating loss of $154K in fiscal year 2025 against interest expense of $152K, so there is no cover to state. The interest coverage axis ranks REITs on operating income against interest owed, and Mays (J.W.) Inc scores 14/100 among other REITs.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Mays (J.W.) Inc scores 21/100 on it among other REITs.
Not available for Mays (J.W.) Inc, and counted as zero in the overall score.
Mays (J.W.) Inc passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Mays (J.W.) Inc reported a net loss of $136K while generating $2.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Mays (J.W.) Inc reported an operating loss of $154K against $152K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Mays (J.W.) Inc generated $5.3M in revenue in Q3 2026. This represents a decrease of 5.6% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.
Mays (J.W.) Inc's EBITDA was $150K in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 73.7% from the same quarter a year earlier. Against the prior quarter it is up 162.1%.
Mays (J.W.) Inc reported -$217K in net income in Q3 2026. This represents a decrease of 349.9% from the same quarter a year earlier. Against the prior quarter it is up 57.4%.
Mays (J.W.) Inc earned -$0.11 per diluted share (EPS) in Q3 2026. This represents a decrease of 375.0% from the same quarter a year earlier. Against the prior quarter it is up 56.0%.
Cash & Balance Sheet
Mays (J.W.) Inc recorded an outflow of $1.3M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 250.8% from the same quarter a year earlier. Against the prior quarter it is up 23.6%.
Mays (J.W.) Inc held $2.1M in cash against $6.2M in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Mays (J.W.) Inc's operating margin was -6.0% in Q3 2026, reflecting core business profitability. This is down 8.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.6 percentage points.
Mays (J.W.) Inc's net profit margin was -4.1% in Q3 2026, showing the share of revenue converted to profit. This is down 5.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.7 percentage points.
Mays (J.W.) Inc's ROE was -0.4% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
Not reported for Q3 2026.
Capital Allocation
Mays (J.W.) Inc invested $2.8M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 159.4% from the same quarter a year earlier. Against the prior quarter it is up 179.7%.
Not reported for Q3 2026.
Not reported for Q3 2026.
MAYS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3M-5.6% | $5.2M-7.7% | $5.3M-5.2% | $5.7M+3.0% | $5.6M+5.0% | $5.6M+4.2% | $5.5M+4.0% | $5.5M+1.6% |
| SG&A Expenses | $1.2M-6.0% | $1.3M+5.9% | $1.2M-8.0% | $1.4M+4.1% | $1.2M-2.0% | $1.3M-15.8% | $1.3M+3.0% | $1.3M+1.5% |
| Operating Income | -$322K-384.3% | -$712K-291.2% | -$488K-1035.7% | -$137K-64.2% | $113K+172.2% | -$182K+44.5% | $52K+201.0% | -$84K+29.0% |
| EBITDA | $150K-73.7% | -$242K-191.9% | -$16K-103.2% | $316K-11.0% | $570K+109.3% | $263K+160.0% | $496K+31.8% | $355K+15.5% |
| Interest Expense | $63K+83.7% | $31K-20.8% | $32K-30.2% | $32K-54.1% | $34K-36.4% | $40K-29.6% | $46K+10.4% | $70K+34.6% |
| Income Tax | -$92K-500.0% | -$207K-350.0% | -$145K-2516.7% | -$42K-268.0% | $23K+120.7% | -$46K-1250.0% | $6K+110.9% | $25K+134.2% |
| Net Income | -$217K-349.9% | -$509K-222.8% | -$334K-1353.1% | -$92K-196.0% | $87K+202.2% | -$158K-60.8% | $27K+113.8% | -$31K+79.0% |
| EPS (Basic) | -$0.11-375.0% | -$0.25-212.5% | -$0.17-1800.0% | -$0.05-400.0% | $0.04+200.0% | -$0.08-100.0% | $0.01+110.0% | -$0.01+85.7% |
| EPS (Diluted) | -$0.11-375.0% | -$0.25-212.5% | -$0.17-1800.0% | -$0.05 | $0.04+200.0% | -$0.08-100.0% | $0.01+110.0% | -$0.01+85.7% |
| Diluted Shares (Avg) | 2M0.0% | 2M0.0% | 2M0.0% | N/A | 2M0.0% | 2M0.0% | 2M0.0% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
MAYS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $90.2M+2.7% | $88.4M0.0% | $88.7M+0.2% | $88.0M-1.6% | $87.9M-2.8% | $88.3M-2.5% | $88.5M-2.7% | $89.5M-2.6% |
| Cash & Equivalents | $2.1M-7.4% | $434K-70.9% | $2.2M-5.5% | $749K-39.8% | $2.3M+94.6% | $1.5M+115.6% | $2.3M-1.0% | $1.2M+2.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $38.5M+10.0% | $36.5M+2.5% | $36.3M+2.0% | $35.3M-3.7% | $35.0M-6.7% | $35.6M-5.3% | $35.6M-6.1% | $36.6M-5.1% |
| Long-Term Debt | $6.2M+89.3% | $3.2M-4.8% | $3.2M-9.9% | $3.2M-16.5% | $3.3M | $3.3M | $3.5M | $3.9M-24.7% |
| Total Equity | $51.7M-2.2% | $51.9M-1.6% | $52.4M-0.9% | $52.8M-0.3% | $52.9M-0.1% | $52.8M-0.5% | $52.9M-0.4% | $52.9M-0.8% |
| Retained Earnings | $47.5M-2.4% | $47.7M-1.7% | $48.2M-1.0% | $48.5M-0.3% | $48.6M-0.2% | $48.5M-0.5% | $48.7M-0.4% | $48.7M-0.8% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
MAYS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4M-25.3% | -$730K-90.4% | $1.9M+6.6% | -$827K+41.6% | $1.9M-1.8% | -$383K+55.9% | $1.8M+2.6% | -$1.4M-36.1% |
| Depreciation & Amortization | $472K+3.2% | $471K+5.7% | $472K+6.3% | $453K+3.4% | $457K+6.5% | $445K+3.7% | $444K+3.7% | $439K+3.2% |
| Capital Expenditures | $2.8M+159.4% | $984K+385.1% | $411K-10.6% | $669K+58.8% | $1.1M-9.7% | $203K-64.8% | $460K+47.1% | $421K+611.7% |
| Free Cash Flow | -$1.3M-250.8% | -$1.7M-192.3% | $1.5M+12.5% | -$1.5M+18.6% | $868K+9.9% | -$586K+59.4% | $1.3M-7.1% | -$1.8M-67.0% |
| Investing Cash Flow | -$2.8M-159.4% | -$984K-385.1% | -$411K+10.6% | -$669K-136.7% | -$1.1M+9.4% | -$203K+49.2% | -$460K-47.1% | $1.8M+699.5% |
| Financing Cash Flow | $3.0M+7590.8% | -$41K+82.9% | -$41K+87.9% | -$40K+87.9% | -$40K+87.9% | -$239K+26.4% | -$336K-4.5% | -$332K-4.5% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
MAYS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -6.0%-8.1pp | -13.7%-10.4pp | -9.3%-10.2pp | -2.4%-0.9pp | 2.0%+4.9pp | -3.2%+2.8pp | 0.9%+1.9pp | -1.5%+0.7pp |
| Net Margin | -4.1%-5.6pp | -9.8%-7.0pp | -6.4%-6.8pp | -1.6%-1.1pp | 1.5%+3.1pp | -2.8%-1.0pp | 0.5%+4.1pp | -0.6%+2.2pp |
| Return on Equity | -0.4%-0.6pp | -1.0%-0.7pp | -0.6%-0.7pp | -0.2%-0.1pp | 0.2%+0.3pp | -0.3%-0.1pp | 0.1%+0.4pp | -0.1%+0.2pp |
| Return on Assets | -0.2%-0.3pp | -0.6%-0.4pp | -0.4%-0.4pp | -0.1%-0.1pp | 0.1%+0.2pp | -0.2%-0.1pp | 0.0%+0.2pp | 0.0%+0.1pp |
| Debt-to-Equity | 0.12+0.1x | 0.060.0x | 0.060.0x | 0.060.0x | 0.06-0.6x | 0.06-0.6x | 0.07-0.6x | 0.070.0x |
| Asset Turnover | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x | 0.060.0x |
| FCF Margin | -24.6%-40.1pp | -32.9%-22.5pp | 28.8%+4.5pp | -26.5%+7.0pp | 15.4%+0.7pp | -10.4%+16.3pp | 24.2%-2.9pp | -33.5%-13.1pp |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio.
Where Mays (J.W.) Inc Ranks
Frequently Asked Questions
What is Mays (J.W.) Inc's annual revenue?
Mays (J.W.) Inc (MAYS) reported $22.5M in total revenue for fiscal year 2025. This represents a 4.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Mays (J.W.) Inc's revenue growing?
Mays (J.W.) Inc (MAYS) revenue grew by 4.1% year-over-year, from $21.6M to $22.5M in fiscal year 2025.
Is Mays (J.W.) Inc profitable?
No, Mays (J.W.) Inc (MAYS) reported a net income of -$136K in fiscal year 2025, with a net profit margin of -0.6%.
What is Mays (J.W.) Inc's EBITDA?
Mays (J.W.) Inc (MAYS) had EBITDA of $1.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Mays (J.W.) Inc have?
As of fiscal year 2025, Mays (J.W.) Inc (MAYS) had $749K in cash and equivalents against $3.2M in long-term debt.
What is Mays (J.W.) Inc's operating margin?
Mays (J.W.) Inc (MAYS) had an operating margin of -0.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Mays (J.W.) Inc's net profit margin?
Mays (J.W.) Inc (MAYS) had a net profit margin of -0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Mays (J.W.) Inc's return on equity (ROE)?
Mays (J.W.) Inc (MAYS) has a return on equity of -0.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Mays (J.W.) Inc's free cash flow?
Mays (J.W.) Inc (MAYS) generated $128K in free cash flow during fiscal year 2025. This represents a 112.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Mays (J.W.) Inc's operating cash flow?
Mays (J.W.) Inc (MAYS) generated $2.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Mays (J.W.) Inc's total assets?
Mays (J.W.) Inc (MAYS) had $88.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Mays (J.W.) Inc's capital expenditures?
Mays (J.W.) Inc (MAYS) invested $2.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Mays (J.W.) Inc's debt-to-equity ratio?
Mays (J.W.) Inc (MAYS) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Mays (J.W.) Inc's return on assets (ROA)?
Mays (J.W.) Inc (MAYS) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Mays (J.W.) Inc's P/E ratio?
Mays (J.W.) Inc (MAYS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to April 30, 2026). The market capitalization is $80.9M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Mays (J.W.) Inc's price-to-sales ratio?
Mays (J.W.) Inc (MAYS) trades at 3.8x sales, its market capitalization divided by revenue of $21.4M revenue, trailing 12 months to April 30, 2026. The market capitalization is $80.9M as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Mays (J.W.) Inc's Piotroski F-Score?
Mays (J.W.) Inc (MAYS) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Mays (J.W.) Inc's earnings high quality?
Mays (J.W.) Inc (MAYS) reported a net loss of $136K while generating $2.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Mays (J.W.) Inc cover its interest payments?
Mays (J.W.) Inc (MAYS) reported an operating loss of $154K against $152K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Mays (J.W.) Inc?
Mays (J.W.) Inc (MAYS) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.