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MAYS

J.W. Mays, Inc.

MAYS

J.W. Mays, Inc. • NASDAQ
$38.50 ▲ 0.31% (+0.12)
Market Cap $77.61 M
52w High $45.27
52w Low $32.32
Dividend Yield 0%
P/E -550
Volume 109
Outstanding Shares 2.02M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $5.655M ▲ $0 ▼ $-92K ▼ -1.627% ▼ $-0.046 ▼ $444.498K ▼
Q3-2025 $5.632M ▼ $1.697M ▼ $86.784K ▲ 1.541% ▲ $0.043 ▲ $578.374K ▲
Q2-2025 $5.643M ▲ $1.697M ▼ $-157.681K ▼ -2.794% ▼ $-0.078 ▼ $-182.12K ▼
Q1-2025 $5.539M ▲ $1.737M ▼ $26.657K ▲ 0.481% ▲ $0.013 ▲ $501.2K ▲
Q4-2024 $5.49M $1.769M $-31.085K -0.566% $-0.015 $463.643K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $1.759M ▼ $98.474M ▲ $45.713M ▲ $52.762M ▼
Q3-2025 $2.279M ▲ $87.856M ▼ $35.002M ▼ $52.854M ▲
Q2-2025 $1.491M ▼ $88.346M ▼ $35.579M ▲ $52.767M ▼
Q1-2025 $2.316M ▲ $88.494M ▼ $35.569M ▼ $52.925M ▲
Q4-2024 $1.244M $89.525M $36.627M $52.898M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-92K ▼ $-827.217K ▼ $-669.21K ▲ $-40.131K ▼ $-1.537M ▼ $-1.496M ▼
Q3-2025 $86.784K ▲ $1.929M ▲ $-1.06M ▼ $-39.734K ▲ $828.681K ▲ $868.415K ▲
Q2-2025 $-157.681K ▼ $-383.432K ▼ $-202.745K ▲ $-239.274K ▲ $-825.451K ▼ $-586.177K ▼
Q1-2025 $26.657K ▲ $1.803M ▲ $-460.104K ▼ $-336.065K ▼ $1.006M ▲ $1.343M ▲
Q4-2024 $-31.085K $-1.417M $1.824M $-332.478K $73.719K $-1.839M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been very steady over the past several years, with no real sign of meaningful growth. Profitability sits right around break-even, with small profits or losses depending on the year. That suggests the business is covering its costs but has little margin for error. Earnings per share have bounced around from a small profit to modest losses, which tells you results can swing noticeably even when revenue is flat, likely because the cost base is relatively fixed and the company is small.

Balance Sheet

Balance Sheet The balance sheet looks fairly stable from year to year, with total assets and shareholder equity holding at similar levels over time. Debt is present but not extreme relative to the asset base, indicating some use of leverage but not an aggressive posture. The most notable concern is that reported cash levels are minimal, which can reduce financial flexibility and make the company more reliant on ongoing rental income and access to financing. Overall, this looks like a traditional, asset-heavy real estate balance sheet without big growth moves.

Cash Flow

Cash Flow Reported operating cash flow, free cash flow, and capital spending all appear very low and steady, implying a mature portfolio with limited new investment. This supports the picture of a company focused on maintaining existing properties and collecting rent rather than actively expanding or redeveloping. The flip side is that if capital spending remains very low for too long, there can be a risk of underinvestment in the properties over time. With cash balances also low, the room to absorb major unexpected costs or pursue larger projects appears limited.

Competitive Edge

Competitive Edge MAYS competes as a small, focused owner of commercial properties, mainly in specific parts of New York plus one property in Ohio. Its edge comes from long-held locations, long-term leases, and a preference for stable tenants such as government, medical, and educational institutions. This strategy can support predictable rental income and lower vacancy risk. At the same time, the company is concentrated in a narrow geographic footprint and is not a large-scale player, which can limit bargaining power and diversification. Its traditional approach works for stability but may leave it less agile versus larger or more tech-enabled real estate operators.

Innovation and R&D

Innovation and R&D The company does not appear to emphasize technological innovation or formal R&D. It operates as a traditional landlord, focusing on leasing and maintaining its existing portfolio rather than adopting advanced property technology or data-driven tools. The main “innovation” is really strategic: targeting long-term, financially solid tenants and carefully managing leases. This conservative stance lowers execution risk but may mean the company does not fully benefit from newer industry tools that can enhance efficiency, tenant experience, or portfolio optimization.

Summary

Overall, MAYS looks like a small, conservative real estate holding company built around a stable but low-growth property portfolio. The income statement shows flat revenue and earnings hovering near break-even, while the balance sheet reflects steady assets funded by moderate debt and limited cash. Cash flow data suggest a mature, maintenance-focused operation rather than an expansion story. Competitively, its strengths are good locations, long-term leases, and stable tenants; its vulnerabilities include small scale, geographic concentration, and limited adoption of new real estate technologies. The business appears designed for stability and gradual income rather than rapid growth or heavy innovation, with results highly dependent on occupancy, tenant quality, and local real estate conditions.