John Wiley & Sons (WLY)
Operating return on assets (Operating ROA)
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 52,261 | 55,890 | 219,276 | 185,511 | -54,287 |
| Total assets | US$ in thousands | 2,725,500 | 3,108,810 | 3,361,700 | 3,446,440 | 3,168,790 |
| Operating ROA | 1.92% | 1.80% | 6.52% | 5.38% | -1.71% |
April 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $52,261K ÷ $2,725,500K
= 1.92%
John Wiley & Sons' operating return on assets (operating ROA) has fluctuated over the past five years. In the most recent fiscal year (ending April 30, 2024), the operating ROA was 1.92%, showing a slight improvement from the previous year's 1.80%. However, it is lower than the levels seen in fiscal years 2022 and 2021, where the operating ROA was 6.52% and 5.38%, respectively.
The significant drop in the operating ROA in fiscal year 2020, where it was negative at -1.71%, indicates potential operational challenges or inefficiencies during that period. It's encouraging that the company has managed to turn around this negative trend and consistently generate positive operating ROA in the subsequent years.
Overall, John Wiley & Sons' operating ROA reflects the efficiency of the company in generating profits from its assets used in the operations. The recent improvement in operating ROA suggests that the company may be taking steps to enhance operational performance and profitability. However, further analysis and comparison with industry peers would provide a more comprehensive view of the company's financial health and operational efficiency.
Peer comparison
Apr 30, 2024