Mays J W Inc
MAYS Nasdaq Opeators Of Nonresidential Buildings Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$22.5M
4.1%
vs prior year
Operating margin
Operating income as a share of revenue.
−0.7%
2.2 pts
Net income
Profit after all expenses, interest and tax.
−$0.1M
Free cash flow
Cash from operations minus capital spending.
$0.1M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
−0.2%
0.7 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$0.57 EPS (TTM)
What Mays J W Inc does
No business description yet.
- Legal name
- MAYS J W INC
- Fiscal year ends
- July 31, 2025
- Latest annual report
- 10-K · Oct 22, 2026
- Accession · CIK
- 0001206774-26-000572
0000054187
Revenue and margins
Mays J W Inc had $22.5M of revenue in fiscal 2025, up 4.1% on the year before.
FY16
Revenue $18.6M
FY17
Revenue $19.5M
FY18
Revenue $19.3M
FY19
Revenue $21.1M
FY20
Revenue $19.5M
FY21
Revenue $20.2M
FY22
Revenue $21.4M
FY23
Revenue $22.6M
FY24
Revenue $21.6M
FY25
Revenue $22.5M
Q4 '23
Revenue $5.4M
Q1 '24
Revenue $5.3M
Q2 '24
Revenue $5.4M
Q3 '24
Revenue $5.4M
Q4 '24
Revenue $5.5M
Q1 '25
Revenue $5.5M
Q2 '25
Revenue $5.6M
Q3 '25
Revenue $5.6M
Q4 '25
Revenue $5.7M
Q1 '26
Revenue $5.3M
Q2 '26
Revenue $5.2M
Q3 '26
Revenue $5.3M
FY16
Gross 45.8%
Operating 13.6%
Net 8.2%
FCF 7.8%
FY17
Gross 47.8%
Operating 15.5%
Net 9.8%
FCF 9.6%
FY18
Gross 42.6%
Operating 9.6%
Net 15.4%
FCF 0.7%
FY19
Gross 46.9%
Operating 8.6%
Net 7.2%
FCF −6.3%
FY20
Gross —
Operating −6.3%
Net −4.6%
FCF −24.5%
FY21
Gross —
Operating −4.1%
Net 2.0%
FCF −5.9%
FY22
Gross —
Operating −3.1%
Net −3.3%
FCF −0.2%
FY23
Gross —
Operating 1.0%
Net −0.4%
FCF 5.2%
FY24
Gross —
Operating −2.9%
Net −1.9%
FCF −4.9%
FY25
Gross —
Operating −0.7%
Net −0.6%
FCF 0.6%
Gross
Operating
Net
FCF
Q4 '23
Gross —
Operating −2.2%
Net −2.7%
FCF −20.4%
Q1 '24
Gross —
Operating −1.0%
Net −3.6%
FCF 27.1%
Q2 '24
Gross —
Operating −6.1%
Net −1.8%
FCF −26.7%
Q3 '24
Gross —
Operating −2.9%
Net −1.6%
FCF 14.7%
Q4 '24
Gross —
Operating −1.5%
Net −0.6%
FCF −33.5%
Q1 '25
Gross —
Operating 0.9%
Net 0.5%
FCF 24.2%
Q2 '25
Gross —
Operating −3.2%
Net −2.8%
FCF −10.4%
Q3 '25
Gross —
Operating 2.0%
Net 1.5%
FCF 15.4%
Q4 '25
Gross —
Operating −2.4%
Net −1.6%
FCF −26.5%
Q1 '26
Gross —
Operating −9.3%
Net −6.4%
FCF 28.8%
Q2 '26
Gross —
Operating −13.7%
Net −9.8%
FCF −32.9%
Q3 '26
Gross —
Operating −6.1%
Net −4.1%
FCF −24.6%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income $1.5M
FY17
Net income $1.9M
FY18
Net income $3.0M
FY19
Net income $1.5M
FY20
Net income −$0.9M
FY21
Net income $0.4M
FY22
Net income −$0.7M
FY23
Net income −$0.1M
FY24
Net income −$0.4M
FY25
Net income −$0.1M
Q4 '23
Net income −$0.1M
Q1 '24
Net income −$0.2M
Q2 '24
Net income −$0.1M
Q3 '24
Net income −$0.1M
Q4 '24
Net income −$0.0M
Q1 '25
Net income $0.0M
Q2 '25
Net income −$0.2M
Q3 '25
Net income $0.1M
Q4 '25
Net income −$0.1M
Q1 '26
Net income −$0.3M
Q2 '26
Net income −$0.5M
Q3 '26
Net income −$0.2M
FY16
Diluted EPS —
FY17
Diluted EPS —
FY18
Diluted EPS —
FY19
Diluted EPS —
FY20
Diluted EPS —
FY21
Diluted EPS —
FY22
Diluted EPS −$0.35
FY23
Diluted EPS −$0.04
FY24
Diluted EPS −$0.20
FY25
Diluted EPS −$0.07
Q4 '23
Diluted EPS −$0.07
Q1 '24
Diluted EPS −$0.10
Q2 '24
Diluted EPS −$0.04
Q3 '24
Diluted EPS −$0.04
Q4 '24
Diluted EPS −$0.02
Q1 '25
Diluted EPS $0.01
Q2 '25
Diluted EPS −$0.08
Q3 '25
Diluted EPS $0.04
Q4 '25
Diluted EPS −$0.04
Q1 '26
Diluted EPS −$0.17
Q2 '26
Diluted EPS −$0.25
Q3 '26
Diluted EPS −$0.11
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital 3.9%
Return on equity 3.2%
Return on assets 2.4%
FY17
Return on capital 4.5%
Return on equity 3.9%
Return on assets 3.0%
FY18
Return on capital 3.9%
Return on equity 5.8%
Return on assets 4.5%
FY19
Return on capital 2.3%
Return on equity 2.8%
Return on assets 2.2%
FY20
Return on capital −1.7%
Return on equity −1.7%
Return on assets −1.1%
FY21
Return on capital −1.4%
Return on equity 0.7%
Return on assets 0.4%
FY22
Return on capital −0.9%
Return on equity −1.3%
Return on assets −0.7%
FY23
Return on capital 0.3%
Return on equity −0.2%
Return on assets −0.1%
FY24
Return on capital −0.9%
Return on equity −0.8%
Return on assets −0.4%
FY25
Return on capital −0.2%
Return on equity −0.3%
Return on assets −0.2%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $0.1M in fiscal 2025, 0.6% of revenue. Cash from operations minus capital spending.
FY16
Free cash flow $1.5M
FY17
Free cash flow $1.9M
FY18
Free cash flow $0.1M
FY19
Free cash flow −$1.3M
FY20
Free cash flow −$4.8M
FY21
Free cash flow −$1.2M
FY22
Free cash flow −$0.0M
FY23
Free cash flow $1.2M
FY24
Free cash flow −$1.0M
FY25
Free cash flow $0.1M
Q4 '23
Free cash flow −$1.1M
Q1 '24
Free cash flow $1.4M
Q2 '24
Free cash flow −$1.4M
Q3 '24
Free cash flow $0.8M
Q4 '24
Free cash flow −$1.8M
Q1 '25
Free cash flow $1.3M
Q2 '25
Free cash flow −$0.6M
Q3 '25
Free cash flow $0.9M
Q4 '25
Free cash flow −$1.5M
Q1 '26
Free cash flow $1.5M
Q2 '26
Free cash flow −$1.7M
Q3 '26
Free cash flow −$1.3M
FY16
Cash from operations $4.0M
Capital spending $2.5M
FY17
Cash from operations $4.0M
Capital spending $2.1M
FY18
Cash from operations $3.2M
Capital spending $3.1M
FY19
Cash from operations $3.0M
Capital spending $4.3M
FY20
Cash from operations $1.6M
Capital spending $6.4M
FY21
Cash from operations $1.1M
Capital spending $2.3M
FY22
Cash from operations $1.7M
Capital spending $1.7M
FY23
Cash from operations $2.2M
Capital spending $1.0M
FY24
Cash from operations $1.4M
Capital spending $2.5M
FY25
Cash from operations $2.5M
Capital spending $2.4M
Cash from operations
Capital spending
Q4 '23
Cash from operations −$1.0M
Capital spending $0.1M
Q1 '24
Cash from operations $1.8M
Capital spending $0.3M
Q2 '24
Cash from operations −$0.9M
Capital spending $0.6M
Q3 '24
Cash from operations $2.0M
Capital spending $1.2M
Q4 '24
Cash from operations −$1.4M
Capital spending $0.4M
Q1 '25
Cash from operations $1.8M
Capital spending $0.5M
Q2 '25
Cash from operations −$0.4M
Capital spending $0.2M
Q3 '25
Cash from operations $1.9M
Capital spending $1.1M
Q4 '25
Cash from operations −$0.8M
Capital spending $0.7M
Q1 '26
Cash from operations $1.9M
Capital spending $0.4M
Q2 '26
Cash from operations −$0.7M
Capital spending $1.0M
Q3 '26
Cash from operations $1.4M
Capital spending $2.8M
Cash from operations
Capital spending
Dividends, buybacks and share count
Mays J W Inc returned — to shareholders in fiscal 2025. The diluted share count rose 0.0%.
FY16
Dividends —
Buybacks —
FY17
Dividends —
Buybacks —
FY18
Dividends —
Buybacks —
FY19
Dividends —
Buybacks —
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks —
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY16
Diluted shares —
FY17
Diluted shares —
FY18
Diluted shares —
FY19
Diluted shares —
FY20
Diluted shares —
FY21
Diluted shares —
FY22
Diluted shares 0.00B
FY23
Diluted shares 0.00B
FY24
Diluted shares 0.00B
FY25
Diluted shares 0.00B
Balance sheet
Cash, debt and the ratios that show how comfortably Mays J W Inc can carry it.
FY16
Cash $5.2M
Debt $0.2M
FY17
Cash $5.4M
Debt $0.2M
FY18
Cash $5.3M
Debt $0.2M
FY19
Cash $4.1M
Debt $5.3M
FY20
Cash $3.3M
Debt $8.8M
FY21
Cash $1.6M
Debt $7.6M
FY22
Cash $1.0M
Debt $6.4M
FY23
Cash $1.2M
Debt $5.1M
FY24
Cash $1.2M
Debt $3.9M
FY25
Cash $0.7M
Debt $3.2M
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $1.6M | $1.0M | $1.2M | $1.2M | $0.7M |
| Debt incl. finance leases | $7.6M | $6.4M | $5.1M | $3.9M | $3.2M |
| Net debt / EBITDA | 6.4x | 4.9x | 2.1x | 2.4x | 1.5x |
| Debt / equity | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x |
| Interest coverage | −3.2x | −2.6x | 1.0x | — | — |
| Total assets | $97.5M | $94.0M | $91.9M | $89.5M | $88.0M |
| Total liabilities | $43.4M | $40.6M | $38.6M | $36.6M | $35.3M |
| Shareholders' equity | $54.1M | $53.4M | $53.3M | $52.9M | $52.8M |
| Net debt (− = net cash) | $6.1M | $5.3M | $3.9M | $2.6M | $2.5M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✓ | ✕ | ✓ | ✕ | ✕ | ✕ | ✕ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | ✓ | ✓ | ✕ | ✕ | ✓ | ✕ | ✓ | ✕ | ✓ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | ✕ | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Current ratio rose | — | ✓ | ✓ | ✕ | — | — | — | — | — | — |
| Share count didn't rise | — | — | — | — | — | — | — | ✓ | ✓ | ✓ |
| Gross margin rose | — | ✓ | ✕ | ✓ | — | — | — | — | — | — |
| Revenue rose relative to assets | — | ✓ | ✕ | ✓ | ✕ | ✓ | ✓ | ✓ | ✕ | ✓ |
| F-score | — / 3 | 7 / 8 | 5 / 8 | 5 / 8 | — / 6 | — / 6 | — / 6 | 6 / 7 | 4 / 7 | 6 / 7 |
| Accruals ratio | −3.8% | −3.2% | −0.4% | −2.1% | −2.9% | −0.7% | −2.5% | −2.5% | −2.0% | −3.0% |
| Altman Z'' | 6.01 | 6.58 | 7.20 | 6.51 | — | — | — | — | — | — |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $18.6M | $19.5M | $19.3M | $21.1M | $19.5M | $20.2M | $21.4M | $22.6M | $21.6M | $22.5M |
| Net interest income | — | — | — | — | — | — | — | −$0.2M | −$0.1M | −$0.1M |
| Provision for credit losses | — | $0.1M | $0.1M | $0.1M | — | — | — | — | — | — |
| Gross profit | $8.5M | $9.3M | $8.2M | $9.9M | — | — | — | — | — | — |
| Operating income | $2.5M | $3.0M | $1.9M | $1.8M | −$1.2M | −$0.8M | −$0.7M | $0.2M | −$0.6M | −$0.2M |
| Interest expense | $0.2M | $0.2M | $0.2M | $0.2M | $0.2M | $0.3M | $0.3M | $0.2M | — | — |
| Pretax income | $2.3M | $2.9M | $1.7M | $2.1M | −$1.3M | $0.2M | −$1.0M | −$0.1M | −$0.5M | −$0.2M |
| Income tax | $0.8M | $1.0M | −$1.2M | $0.6M | −$0.4M | −$0.2M | −$0.3M | −$0.1M | −$0.1M | −$0.1M |
| Net income | $1.5M | $1.9M | $3.0M | $1.5M | −$0.9M | $0.4M | −$0.7M | −$0.1M | −$0.4M | −$0.1M |
| Diluted EPS | — | — | — | — | — | — | −$0.35 | −$0.04 | −$0.20 | −$0.07 |
| Diluted shares | — | — | — | — | — | — | 0.00B | 0.00B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | $4.0M | $4.0M | $3.2M | $3.0M | $1.6M | $1.1M | $1.7M | $2.2M | $1.4M | $2.5M |
| Capital expenditure | $2.5M | $2.1M | $3.1M | $4.3M | $6.4M | $2.3M | $1.7M | $1.0M | $2.5M | $2.4M |
| Free cash flow | $1.5M | $1.9M | $0.1M | −$1.3M | −$4.8M | −$1.2M | −$0.0M | $1.2M | −$1.0M | $0.1M |
| Depreciation and amortization | $1.6M | $1.7M | $1.8M | $2.0M | $1.7M | $1.8M | $1.7M | $1.7M | $1.7M | $1.8M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $5.2M | $5.4M | $5.3M | $4.1M | $3.3M | $1.6M | $1.0M | $1.2M | $1.2M | $0.7M |
| Total debt | $0.2M | $0.2M | $0.2M | $5.3M | $8.8M | $7.6M | $6.4M | $5.1M | $3.9M | $3.2M |
| Current assets | $7.1M | $7.2M | $7.6M | $6.9M | — | — | — | — | — | — |
| Current liabilities | $4.4M | $2.8M | $2.5M | $7.9M | — | — | — | — | — | — |
| Property and equipment, net | $49.1M | $49.5M | $50.8M | $53.1M | $47.6M | $48.1M | $48.1M | $47.4M | $48.2M | $48.8M |
| Total assets | $63.5M | $64.8M | $66.6M | $68.8M | $100M | $97.5M | $94.0M | $91.9M | $89.5M | $88.0M |
| Total liabilities | $15.6M | $14.8M | $13.5M | $14.2M | $46.7M | $43.4M | $40.6M | $38.6M | $36.6M | $35.3M |
| Shareholders' equity | $48.0M | $50.0M | $53.1M | $54.6M | $53.7M | $54.1M | $53.4M | $53.3M | $52.9M | $52.8M |
| Margins | ||||||||||
| Gross margin | 45.8% | 47.8% | 42.6% | 46.9% | — | — | — | — | — | — |
| Operating margin | 13.6% | 15.5% | 9.6% | 8.6% | −6.3% | −4.1% | −3.1% | 1.0% | −2.9% | −0.7% |
| EBITDA margin | 22.4% | 24.1% | 18.8% | 17.9% | 2.2% | 4.7% | 5.1% | 8.5% | 5.1% | 7.3% |
| Net margin | 8.2% | 9.8% | 15.4% | 7.2% | −4.6% | 2.0% | −3.3% | −0.4% | −1.9% | −0.6% |
| FCF margin | 7.8% | 9.6% | 0.7% | −6.3% | −24.5% | −5.9% | −0.2% | 5.2% | −4.9% | 0.6% |
| Net interest share of revenue | — | — | — | — | — | — | — | −1.0% | −0.6% | −0.3% |
| Returns | ||||||||||
| Return on capital | 3.9% | 4.5% | 3.9% | 2.3% | −1.7% | −1.4% | −0.9% | 0.3% | −0.9% | −0.2% |
| Return on capital employed | 4.3% | 4.9% | 2.9% | 3.0% | — | — | — | — | — | — |
| Return on equity | 3.2% | 3.9% | 5.8% | 2.8% | −1.7% | 0.7% | −1.3% | −0.2% | −0.8% | −0.3% |
| Return on assets | 2.4% | 3.0% | 4.5% | 2.2% | −1.1% | 0.4% | −0.7% | −0.1% | −0.4% | −0.2% |
| Return on tangible equity | 3.2% | 3.9% | 5.6% | 2.8% | −1.7% | 0.7% | −1.3% | −0.2% | −0.8% | −0.3% |
| Growth | ||||||||||
| Revenue growth | — | 5.2% | −1.3% | 9.5% | −7.6% | 3.5% | 5.9% | 5.5% | −4.4% | 4.1% |
| Net income growth | — | 26.9% | 54.5% | −49.1% | −159.8% | — | −279.0% | — | — | — |
| FCF growth | — | 29.2% | −92.4% | −1,032.9% | — | — | — | — | −189.3% | — |
| Share count change | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
| Financial health | ||||||||||
| Net debt / EBITDA | −1.2x | −1.1x | −1.4x | 0.3x | 13.1x | 6.4x | 4.9x | 2.1x | 2.4x | 1.5x |
| Debt / equity | 0.0x | 0.0x | 0.0x | 0.1x | 0.2x | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x |
| Interest coverage | 10.3x | 13.4x | 7.9x | 9.1x | −6.1x | −3.2x | −2.6x | 1.0x | — | — |
| Current ratio | 1.6x | 2.6x | 3.1x | 0.9x | — | — | — | — | — | — |
| Quick ratio | 1.6x | 2.6x | 3.1x | 0.9x | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Capex / revenue | 13.5% | 10.8% | 16.0% | 20.3% | 32.6% | 11.2% | 8.1% | 4.6% | 11.5% | 10.6% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 7.0 | 5.0 | 5.0 | — | — | — | 6.0 | 4.0 | 6.0 |
| Altman Z'' | 6.0 | 6.6 | 7.2 | 6.5 | — | — | — | — | — | — |
| Accruals ratio | −3.8% | −3.2% | −0.4% | −2.1% | −2.9% | −0.7% | −2.5% | −2.5% | −2.0% | −3.0% |
Source: SEC EDGAR XBRL filings (CIK 0000054187). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.