Scholastic Corporation (SCHL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -1,300 | -2,900 | -9,100 | 22,400 | 16,200 | 64,500 | 72,900 | 72,300 | 112,400 | 70,500 | 76,900 | 65,100 | 89,700 | 44,000 | 41,800 | 300 | -18,200 | -73,600 | -111,700 | -54,400 |
| 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 |
| Pretax margin | -0.08% | -0.18% | -0.58% | 1.40% | 1.02% | 3.93% | 4.43% | 4.33% | 6.60% | 4.17% | 4.50% | 3.96% | 5.46% | 2.88% | 2.86% | 0.02% | -1.40% | -6.22% | -8.74% | -3.70% |
May 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-1,300K ÷ $1,625,500K
= -0.08%
The pretax margin of Scholastic Corporation has exhibited notable fluctuations over the analyzed periods. Starting from a significant loss of -3.70% as of August 31, 2020, the company experienced a worsening trend, reaching a low of -8.74% by November 30, 2020. During the subsequent quarters, there was an improvement in profitability, with margins moving closer to breakeven, notably at -6.22% in February 2021 and -1.40% in May 2021.
From August 2021 onward, the pretax margin turned positive, indicating improved profitability. It reached a peak of 5.46% in May 2022, suggesting a period of strong operational performance. This positive trend persisted, albeit with some minor fluctuations, with margins at 4.50% by November 2022 and slightly decreasing to 4.17% in February 2023. The margins maintained a generally upward trajectory, peaking at 6.60% in May 2023 before declining again to 4.33% in August 2023.
In the most recent periods, the pretax margin has shown signs of volatility, with a slight decline to 1.02% in May 2024 and continuing downward to 1.40% in August 2024. The margins subsequently moved back into negative territory, registering -0.58% in November 2024, and further declined to -0.18% in February 2025. The trend continued with slight improvements, ending at -0.08% projected for May 2025.
Overall, the company's pretax margins have transitioned from persistent losses to periods of profitability, followed by recent declines into marginal negative territory, reflecting variability in operational efficiency and profitability over the analyzed timeframe.
Peer comparison
May 31, 2025