John Wiley & Sons (WLY)
Gross profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 201,339 | 69,198 | 194,855 | 1,316,200 | 1,240,500 |
| Revenue | US$ in thousands | 1,870,880 | 1,983,820 | 2,059,930 | 1,931,900 | 1,810,000 |
| Gross profit margin | 10.76% | 3.49% | 9.46% | 68.13% | 68.54% |
April 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $201,339K ÷ $1,870,880K
= 10.76%
John Wiley & Sons' gross profit margin has exhibited fluctuating trends over the past five years. It decreased sharply from 68.54% in April 2020 to 68.13% in April 2021, indicating a slight decline in the company's ability to generate profit after accounting for the cost of goods sold. However, a significant drop occurred in April 2022, with the gross profit margin falling to 9.46%, reflecting a substantial decrease in profitability.
The company's gross profit margin further declined to 3.49% in April 2023, showing a continued downward trend in profitability. The most recent data in April 2024 indicates a slight improvement, with the gross profit margin standing at 10.76%. While this represents a positive movement compared to the previous year, the margin remains relatively low compared to the peak levels seen in 2020.
Overall, the fluctuating trends in John Wiley & Sons' gross profit margin suggest challenges in maintaining consistent profitability, prompting further analysis into the factors influencing the company's cost of goods sold and pricing strategies.
Peer comparison
Apr 30, 2024