Taylor Devices
TAYD on Nasdaq. Taylor Devices sells shock absorption and energy storage devices to aerospace, defense, industrial buyers. Market value $189m.
Price checks use the past 12 months to August 2026. Quality checks use five annual reports, the latest for the year to May 2026.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Worth a closer look
Why it could be worth it
What to watch out for
Nothing stood out in the numbers we check.
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $6.42 of spare cash in the past 12 months. A savings account pays about $4.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: 80 of 100. Price score: 70 of 100. Our list needs 70 on quality and 60 on price.
$58.57 a share, 45% above its 1-year low
Over the past year the price has ranged from $40.50 to $90.37.
Pays no dividend
Prices from Monday’s close (5 October).
Five years of cash, in billions
Spare cash swings from quarter to quarter here: $12 million in the past 12 months, $5 million in the year to May 2026.
| Revenue | |||||
| Revenue | $31m | $40m | $45m | $46m | $42m |
| Operating margin | |||||
| Operating margin | 8.0% | 16.9% | 21.3% | 20.8% | 17.6% |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.00bn | 0.00bn | 0.00bn | 0.00bn | 0.00bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)4 of 8 checks we could run
- Profit backed by cash (accruals)Yes
- DebtUnknown
- Revenue growth, five yearsStrong, 13.1% a year
- Buying back its own sharesYes, 8% fewer since 2022
The quarter to August 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $7 million last quarter, down 26% on a year ago.
- Profit: $456,933, down 79% on a year ago.
- It keeps 13 cents of each $1 of sales as operating profit, down from 20 cents a year earlier.
- Spare cash over the past 12 months: $12 million, up from $9 million.
- Sales grew on a year ago in 2 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| November 2024 | $9m |
| February 2025 | $11m |
| May 2025 | $16m |
| August 2025 | $10m |
| November 2025 | $12m |
| February 2026 | $11m |
| May 2026 | $9m |
| August 2026 | $7m |
| Quarter to | Amount |
|---|---|
| November 2024 | $1m |
| February 2025 | $2m |
| May 2025 | $4m |
| August 2025 | $2m |
| November 2025 | $2m |
| February 2026 | $2m |
| May 2026 | $2m |
| August 2026 | $456,933 |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 18 August 2026
- Next quarterly (estimated, 10-Q)
- 1 January 2027
Who owns it
None of the long-term investors we follow own it. 67 funds in all.
Largest holders overall
- BlackRock$10mAdded
- Janney Montgomery Scott$9mAdded
- Vanguard Capital Management$9mAdded
- Ameriprise Financial$8mAdded
- Oppenheimer & Close$7m
- Geode Capital Management$5mAdded
- Dimensional Fund Advisors LP$4mAdded
- Martin$3mAdded
- Renaissance Technologies$3mAdded
- Courier Capital$3mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- Wax Asset Management, LLCPassive investor9.4%+1.1 ptsSince 31 December 2025
- BlackRock, Inc.Passive investor5.5%Since 30 June 2026
- Vanguard Capital ManagementPassive investor5.2%Since 30 June 2026
- The Vanguard GroupPassive investorSold down below 5%Since 30 June 2025
| Holder | Stake | Since | |
|---|---|---|---|
Wax Asset Management, LLC Passive investor | 9.4%+1.1 pts | 31 December 2025 | |
BlackRock, Inc. Passive investor | 5.5% | 30 June 2026 | |
Vanguard Capital Management Passive investor | 5.2% | 30 June 2026 | |
The Vanguard Group Passive investor | Sold down below 5% | 30 June 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 2 sold $896,868.
- CAREY ROBERT MICHAELDirectorSold
- Date
- 28 April 2026
- Shares
- 5,000
- Price
- $56.73
- Value
- $283,629
- Armenat Fritz EricDirectorSold
- Date
- 23 January 2026
- Shares
- 1,528
- Price
- $72.26
- Value
- $110,421
- Armenat Fritz EricDirectorSold
- Date
- 22 January 2026
- Shares
- 2,800
- Price
- $71.77
- Value
- $200,956
- Armenat Fritz EricDirectorSold
- Date
- 14 January 2026
- Shares
- 4,120
- Price
- $73.27
- Value
- $301,862
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 28 April 2026 | CAREY ROBERT MICHAEL Director | Sold | 5,000 | $56.73 | $283,629 |
| 23 January 2026 | Armenat Fritz Eric Director | Sold | 1,528 | $72.26 | $110,421 |
| 22 January 2026 | Armenat Fritz Eric Director | Sold | 2,800 | $71.77 | $200,956 |
| 14 January 2026 | Armenat Fritz Eric Director | Sold | 4,120 | $73.27 | $301,862 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 18 Aug 2026, plus the 10-Q filed 2 Oct 2026, and no later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
The company just reported its latest figures. The deep dive shows what they mean for the price you pay.
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.