J.W. Mays, Inc.

J.W. Mays, Inc.

MAYS
J.W. Mays, Inc.US flagNASDAQ Capital Market
40.83
USD
-1.36
- -
82.30MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.88
8.47
9.38
9.22
9.7
9.57
10.49
9.69
10.03
10.61
11.2
10.71
- -
11.07
Basic EPS, GAAP
0.33
0.37
1.1
0.75
0.96
1.48
0.75
-0.45
0.2
-0.35
-0.04
-0.2
- -
-0.04
Free Cash Flow per Basic Share
-0.25
0.29
0.82
0.72
0.93
0.07
-0.66
-2.38
-0.59
-0.02
0.58
-0.52
- -
-0.11
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
20.43
20.8
21.89
22.65
23.6
25.08
26.07
25.62
25.82
25.46
25.42
25.22
- -
25.2
Tangible Book Value per Share
21.54
21.88
23.01
23.8
24.8
26.34
27.09
26.64
26.84
26.48
26.44
26.24
- -
26.22
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Sales/Revenue/Turnover
16
17
19
19
20
19
21
20
20
21
23
22
- -
22
Operating Margin (%)
11.64
8.64
17.16
13.63
15.54
9.6
8.6
-6.35
-4.14
-3.07
0.99
-2.87
- -
-0.45
Depreciation Expense
2
2
2
2
2
2
2
2
2
2
2
2
- -
2
Net Income, GAAP
1
1
2
2
2
3
2
-1
- -
-1
- -
- -
- -
- -
Effective Tax Rate (%)
43.84
42.25
24.4
34.4
33.75
- -
28.03
- -
- -
- -
- -
- -
- -
39.32
Profit Margin (%)
4.18
4.33
11.68
8.17
9.85
15.41
7.17
-4.64
1.97
-3.33
-0.37
-1.88
- -
-0.34
Working Capital
3
3
4
4
6
7
10
9
8
4
5
3
- -
4
LT Debt
6
6
7
6
5
5
5
38
35
33
32
29
- -
28
Total Equity
43
44
46
48
50
53
55
54
54
53
53
53
- -
53
Return on Invested Capital (%)
2.09
1.69
4.73
3.08
3.65
- -
2.11
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
1.9
2.05
4.98
3.25
3.93
- -
2.79
- -
- -
- -
- -
- -
- -
0.3
Return on Common Equity (%)
1.62
1.78
5.13
3.38
4.13
6.06
2.94
-1.74
0.77
-1.38
-0.16
-0.8
- -
-0.15

Capital Structure

FRC

in mil. unless spec.
Oct'25
Jan'25
Apr'25
ST Debt
- -
3
- -
LT Borrowings
4
- -
3
LT Finance Leases
25
25
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
89
84
74

Working Capital

FRC

in mil. unless spec.
Oct'25
Jan'25
Apr'25
Total Current Assets
7
6
7
Cash, Cash Equivalents & STI
2
1
2
Accounts Receivable, Net
3
4
4
Inventories
- -
- -
- -
Total Current Liabilities
3
7
3
Payables & Accruals
3
4
3
ST Debt
- -
3
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
5
5
5
22
2025
6
6
6
- -
- -
2026
5
5
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
-0.05
-0.04
- -
-0.2
2025
0.01
-0.08
0.04
- -
- -
2026
-0.17
-0.25
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Lloyd J. Shulman
Full Time Employees
28
Sector
Real Estate
Industry
Real Estate - Services
Address
9 Bond Street Brooklyn NY United States of America 11201-5805
IPO Date
Dec 13, 1984
Website
jwmays.com
Business
J.W. Mays, Inc. is a commercial real estate company engaged in the owning, operation, and leasing of commercial properties primarily in New York and Ohio. The company’s core assets include office and retail spaces located in Brooklyn, Jamaica, Fishkill, Levittown, and Massapequa in New York, as well as Circleville in Ohio. Founded in 1924 and headquartered in Brooklyn, New York, J.W. Mays focuses on leasing premium commercial real estate space to a diversified tenant base including governmental agencies, medical, industrial, and educational institutions. The company operates within the real estate management and development sector with an emphasis on long-term tenant retention and aggressive marketing of available properties. Recent major developments include the extension of key lease agreements; notably, the company exercised a five-year lease extension in April 2023 through May 2035, followed by a further five-year extension in August 2025 through May 2040, enhancing occupancy stability. In January 2024, Ward N. Lyke, Jr. was appointed Chief Financial Officer, marking a significant leadership update. Financially, J.W. Mays posted a revenue increase of approximately 4% year-over-year to $22.47 million for fiscal 2025 while narrowing its net loss substantially. The company continues to navigate evolving market challenges such as increased competition, regulatory requirements, and shifting office space demand post-pandemic by maintaining strategic tenant relations and operational compliance. J.W. Mays transitioned from a retail business, having operated a discount department store chain until 1988, to a pure real estate operating company thereafter. The company’s strategic focus remains on commercial real estate services encompassing property ownership, leasing, and operations with a portfolio centered on the New York metropolitan area and adjacent regions. The firm trades on the Nasdaq Capital Market under the ticker symbol MAYS and maintains a lean workforce of approximately 28 employees. Its operational approach is reinforced by adherence to compliance and transparent governance standards to support its commercial leasing business model. This profile integrates J.W. Mays’ current leasing portfolio, geographic concentration, recent lease renewals, leadership changes, and financial performance, reflecting the company’s ongoing role as a niche owner and operator of commercial real estate assets in the United States.

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