Scholastic Corporation (SCHL)
Return on assets (ROA)
| 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 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 12,100 | 51,900 | 59,200 | 57,600 | 86,300 | 62,700 | 66,600 | 59,600 | 80,900 | 36,400 | 37,800 | 4,600 | -11,000 | -31,600 | -61,000 | -25,100 | -43,800 | -12,900 | 17,800 | 18,400 |
| Total assets | US$ in thousands | 1,671,200 | 1,715,200 | 1,833,500 | 1,772,300 | 1,866,700 | 1,877,500 | 2,034,000 | 1,931,700 | 1,940,800 | 1,940,500 | 1,980,700 | 1,925,300 | 2,008,300 | 2,035,000 | 2,106,900 | 2,056,300 | 2,033,600 | 1,948,400 | 2,031,700 | 1,944,600 |
| ROA | 0.72% | 3.03% | 3.23% | 3.25% | 4.62% | 3.34% | 3.27% | 3.09% | 4.17% | 1.88% | 1.91% | 0.24% | -0.55% | -1.55% | -2.90% | -1.22% | -2.15% | -0.66% | 0.88% | 0.95% |
May 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $12,100K ÷ $1,671,200K
= 0.72%
The return on assets (ROA) for Scholastic Corporation has varied over the past 20 periods, ranging from -2.90% to 4.62%. The company's ROA has experienced fluctuations, indicating changes in profitability relative to its asset base. The highest ROA of 4.62% was achieved in May 2023, while the lowest ROA of -2.90% was recorded in November 2020. Overall, the ROA trend appears to exhibit volatility, with some periods showing higher profitability efficiency than others. Analyzing the reasons behind these fluctuations could provide insight into the company's operational performance and asset utilization strategies.
Peer comparison
May 31, 2024