Scholastic Corporation (SCHL)

Operating profit margin

May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020
Operating income (ttm) US$ in thousands 18,300 28,300 17,700 44,300 33,700 59,700 66,500 65,300 106,300 79,800 88,000 71,300 97,400 41,600 36,900 2,300 -22,700 -78,600 -114,400 -58,100
Revenue (ttm) US$ in thousands 1,625,500 1,592,100 1,580,400 1,598,400 1,589,700 1,643,100 1,644,300 1,669,600 1,704,000 1,690,100 1,709,700 1,646,000 1,642,900 1,529,900 1,462,900 1,344,900 1,300,300 1,182,900 1,278,700 1,469,700
Operating profit margin 1.13% 1.78% 1.12% 2.77% 2.12% 3.63% 4.04% 3.91% 6.24% 4.72% 5.15% 4.33% 5.93% 2.72% 2.52% 0.17% -1.75% -6.64% -8.95% -3.95%

May 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $18,300K ÷ $1,625,500K
= 1.13%

The operating profit margin of Scholastic Corporation has demonstrated notable fluctuations over the period from August 2020 to May 2025. Initially, the company experienced negative operating profit margins, with the figure at -3.95% as of August 31, 2020, and worsening to -8.95% by November 30, 2020. This indicates periods of operating losses relative to revenues during this initial phase.

Subsequent quarters showed some improvement; by February 28, 2021, the margin remained negative at -6.64%, though the continuing trend was toward stabilization. A significant turnaround began in May 2021, when the margin improved to -1.75%, signaling an approaching break-even point. This positive trajectory was sustained through the subsequent periods: the margin turned positive and strengthened to 0.17% in August 2021, and continued to increase to 2.52% by November 2021, and further to 2.72% in February 2022.

Throughout 2022, the operating profit margin remained positive and exhibited growth, reaching 5.93% in May 2022 and slightly declining to 4.33% by August 2022, but maintaining a positive outlook with 5.15% in November 2022 and continuing at 4.72% in February 2023. The upward trend persisted, with the margin reaching a peak of 6.24% in May 2023.

However, subsequent data indicate some decline; from May 2023 to August 2023, the margin decreased to 3.91%, and further to 4.04% in November 2023. The trend continued downward, with the margin at 3.63% in February 2024, declining sharply to 2.12% in May 2024, and further to 2.77% in August 2024. The margin then declined significantly in the following months, reaching 1.12% in November 2024, 1.78% in February 2025, and approximately stabilizing around 1.13% in May 2025.

Overall, the operating profit margin reflects an initial period of operating losses, followed by a phase of consistent improvement leading to sustained positive margins during 2022 and into 2023. Recent data suggest a downward trend in profitability margins in 2024 and 2025, indicating potential challenges in maintaining previous levels of operating profit relative to revenues.


Peer comparison

May 31, 2025

Company name
Symbol
Operating profit margin
Scholastic Corporation
SCHL
1.13%
John Wiley & Sons
WLY
13.20%