Scholastic Corporation (SCHL)
Return on assets (ROA)
| 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 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -43,800 |
| Total assets | US$ in thousands | 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 | 2,033,600 |
| ROA | 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% | -2.15% |
February 28, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $18,600K ÷ $1,961,300K
= 0.95%
The analysis of Scholastic Corporation's return on assets (ROA) over the specified period reveals notable fluctuations and trends. Initially, the company's ROA experienced negative values, indicating losses relative to its asset base, with the figure reaching -2.15% as of May 31, 2020. This negative performance persisted through the subsequent quarters, although with some variation; for example, the ROA improved slightly to -1.22% as of August 31, 2020, and further to -2.90% by November 30, 2020.
From late 2020 into 2021, a gradual improvement in ROA is observable. The figure moved from negative territory to positive, reaching 1.90% on November 30, 2021, following a period of negative results. This positive shift continued into early 2022, with ROA values around 1.87% in February 2022 and then increasing more significantly to 4.16% by May 2022. The upward trend persisted into the latter half of 2022, with ROA reaching 3.09% on August 31, 2022, and slightly higher at 3.28% on November 30, 2022. In early 2023, the ROA stabilized at approximately 3.34%, maintaining a relatively healthy profitability relative to the company's assets.
However, this favorable trend appears to have peaked around May 2023, with the ROA reaching 4.62%. Subsequently, the metric shows a decline, with values decreasing to 3.24% on August 31, 2023, and marginally to 3.22% on November 30, 2023. Into the early part of 2024, the ROA exhibited slight fluctuations around the 3% level, with a brief downturn to 0.69% as of May 31, 2024, then rising again to 1.21% by August 31, 2024. Notably, a dip to -0.21% occurred on November 30, 2024, indicating a period of negative returns, before partially recovering to 0.95% in late February 2025.
Overall, the ROA trend for Scholastic Corporation depicts initial financial challenges with negative returns, followed by a period of consistent improvement into positive territory, peaking around mid-2023. The subsequent decline suggests some recent challenges in generating profit relative to assets, although positive ROA values persisted through most of 2024 and early 2025.
Peer comparison
Feb 28, 2025