TAYDNasdaqGeneral Industrial Machinery & Equipment, NECFiscal year ends May 31
TAYLOR DEVICES, INC.
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 2, 2026
$53.50−0.57 (-1.05%)
Close on Oct 19, 2026
- Market cap
- $172.67M
- P/E (TTM)
- 20.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
44.1%+29.9 pts over 5 years
Operating margin
17.6%+28.1 pts over 5 years
Net margin
20.6%+15.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -10.0% | +1.2% | +13.1% | +1.6% | |
| Gross profit | -14.6% | +2.7% | +42.0% | +4.0% | |
| Operating income | -23.7% | +2.5% | – | +2.5% | |
| Net income | -9.0% | +10.8% | +51.8% | +7.4% | |
| EPS, diluted | -8.7% | +14.0% | +54.3% | +8.0% | |
| Free cash flow | +0.3% | +4.0% | -2.0% | -1.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 7.4% | 2.6% | 12.7% | |
| Return on assets | 6.3% | 2.3% | 11.5% | |
| Current ratio | 5.97 | 6.64 | 12.76 | |
| Inventory turnover | 1.7× | 2.4× | 3.0× | |
| Capex to revenue | 7.3% | 7.2% | 5.1% | |
| Diluted shares | 4M | 3M | – |
Where the cash went
Fiscal 2022 to 2026, five years combined
Taylor Devices generated $38.73M from operations and spent $22.19M on capital expenditure, dividends and share buybacks. 48% of that went back into the business.
Generated
$38.73M
Used
$22.19M
Capital expenditure$10.64M48%Dividends$00%Share buybacks$11.55M52%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin20.6%
×Asset turnover0.56×
×Equity multiplier1.11×
=Return on equity, FY202612.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 20.6% | 0.56× | 1.11× | 12.7% |
| FY2025 | 20.3% | 0.69× | 1.19× | 16.6% |
| FY2024 | 20.2% | 0.74× | 1.19× | 17.8% |
| FY2023 | 15.6% | 0.75× | 1.15× | 13.5% |
| FY2022 | 7.3% | 0.65× | 1.13× | 5.3% |
| FY2021 | 4.7% | 0.49× | 1.13× | 2.6% |
| FY2020 | 10.7% | 0.66× | 1.14× | 8.0% |
| FY2019 | 7.6% | 0.83× | 1.15× | 7.3% |
| FY2018 | 1.8% | 0.64× | 1.15× | 1.3% |
| FY2017 | 9.1% | 0.69× | 1.17× | 7.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 7 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$8.56M
- Cash generatingOperating cash flow above zero$7.02M
- Return on assets improvedROA up on the prior year14.9% → 12.0%
- Earnings backed by cashOperating cash flow above net income$7.02M vs $8.56M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.88 → 12.76
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year46.40% → 44.05%
- More efficientAsset turnover rose0.73 → 0.58