Scholastic Corporation (SCHL)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,900 | 18,600 | -4,300 | 23,800 | 12,100 | 51,900 | 59,100 | 57,500 | 86,300 | 62,700 | 66,700 | 59,700 | 80,700 | 36,300 | 37,700 | 4,500 | -10,900 | -31,600 | -61,000 | -25,100 |
| Total assets | US$ in thousands | 2,040,400 | 1,961,300 | 2,036,800 | 1,960,000 | 1,756,100 | 1,715,200 | 1,833,500 | 1,772,300 | 1,868,300 | 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 |
| ROA | -0.09% | 0.95% | -0.21% | 1.21% | 0.69% | 3.03% | 3.22% | 3.24% | 4.62% | 3.34% | 3.28% | 3.09% | 4.16% | 1.87% | 1.90% | 0.23% | -0.54% | -1.55% | -2.90% | -1.22% |
May 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $-1,900K ÷ $2,040,400K
= -0.09%
The provided data indicates that Scholastic Corporation’s return on assets (ROA) has experienced notable fluctuations over the analyzed period from August 31, 2020, through May 31, 2025. Initially, during August 2020, the ROA was negative at -1.22%, reflecting the company's challenges in generating profit relative to its asset base amid the COVID-19 pandemic’s early impact. Subsequent measurements through November 2020 and February 2021 showed further negative ROA values of -2.90% and -1.55%, respectively, underscoring continued difficulties or subdued profitability during this period.
Beginning around August 2021, a positive trend emerged, with ROA moving into positive territory at 0.23%. This upward trajectory continued, reaching 1.90% by November 2021 and 1.87% in February 2022. The positive momentum persisted into May 2022, with ROA improving markedly to 4.16%, indicating a substantial enhancement in asset efficiency and profitability.
Throughout 2022 and into early 2023, the ROA remained relatively strong, consistently above 3%, with values of 3.09% in August 2022, 3.28% in November 2022, and reaching 3.34% in February 2023. The peak observed was 4.62% as of May 2023, suggestive of an optimal operational phase with efficient asset utilization and effective profit generation.
Subsequently, the ROA declined slightly to 3.24% in August 2023 and marginally to 3.22% in November 2023. The following period recorded a slight decrease to 3.03% in February 2024. Notably, a downward trend resumed in mid-2024, with the ROA falling to 0.69% in May 2024 and further decreasing to 1.21% in August 2024.
The most recent data point, November 2024, shows a negative ROA of -0.21%, indicating a momentary loss in asset efficiency. This decline persisted into February 2025, with a slight recovery to 0.95%, though it remains below historically robust levels. The latest figures as of May 2025 depict a marginal negative ROA at -0.09%, reflecting ongoing challenges or shifts in asset profitability.
Overall, the ROA trend illustrates an initial phase of significant losses, followed by a recovery to generally positive and relatively stable profitability levels, before experiencing a decline in late 2024 and early 2025. The fluctuations suggest that Scholastic Corporation’s asset efficiency has been influenced by changing operational conditions, market dynamics, or strategic adjustments over this period.
Peer comparison
May 31, 2025