Taylor Devices, Inc.
TAYD Industrials Specialty Industrial Machinery
Taylor Devices, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $41.6 million, down 10.0% from fiscal 2025. In the quarter to August 2026, revenue fell 26.4%, EPS fell 80.0% and free cash flow grew 2,426.6%, each against the same quarter a year earlier.
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Taylor Devices, Inc. (TAYD) Altman Z-score
Taylor Devices, Inc.'s Altman Z-score for fiscal 2026 is 22.81, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 22.81 | 12.51 |
| FY2025 | 10.30 | (1.40) |
| FY2024 | 11.70 | 3.83 |
| FY2023 | 7.87 | 2.01 |
| FY2022 | 5.87 | (1.07) |
| FY2021 | 6.94 | 0.14 |
| FY2020 | 6.80 | (0.75) |
| FY2019 | 7.54 | 1.63 |
| FY2018 | 5.91 | (3.06) |
| FY2017 | 8.98 | 0.81 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.74 | — | 0.89 | |
| Retained earnings / total assets | 0.89 | — | 1.24 | |
| EBIT / total assets | 0.09 | — | 0.31 | |
| Market value of equity / total liabilities | 33.05 | — | 19.83 | |
| Sales / total assets | 0.54 | — | 0.54 | |
| Altman Z-score | Safe zone | 22.81 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 24.02 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| TAYD Taylor Devices, Inc. | 22.8× |
| SERV Serve Robotics Inc. compare | 21.8× |
| RR Richtech Robotics Inc. compare | 14.7× |
| OFLX Omega Flex, Inc. compare | 11.7× |
| ZJK ZJK Industrial Co., Ltd. compare | 4.2× |
| HURC Hurco Companies, Inc. compare | 3.2× |
| NPWR NET Power Inc. compare | 0.2× |
| BWEN Broadwind Energy, Inc. compare | −1.3× |
| SHMD SCHMID Group N.V. compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets