John Wiley & Sons (WLY)
Pretax margin
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 142,878 | -187,047 | 33,100 | 209,661 | 175,912 |
| Revenue | US$ in thousands | 1,677,610 | 1,872,990 | 2,019,900 | 2,082,930 | 1,941,500 |
| Pretax margin | 8.52% | -9.99% | 1.64% | 10.07% | 9.06% |
April 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $142,878K ÷ $1,677,610K
= 8.52%
The pretax margin of John Wiley & Sons has exhibited notable fluctuation over the observed periods from April 30, 2021, to April 30, 2025. In the fiscal year ending April 30, 2021, the pretax margin was 9.06%, indicating a profitable pre-tax operating environment. This margin increased slightly to 10.07% in the subsequent year ending April 30, 2022, suggesting an improvement in the company's pre-tax profitability.
However, a significant decline occurred by April 30, 2023, with the pretax margin markedly decreasing to 1.64%. This sharp reduction indicates a major deterioration in operating profitability before considering tax implications, potentially attributable to increased expenses, decreased revenue, or other operational challenges during that period.
The trend worsened further by April 30, 2024, when the pretax margin turned negative at -9.99%, reflecting pre-tax losses. This negative margin signifies that the company's pre-tax expenses exceeded its revenues, highlighting substantial operational or financial difficulties.
By April 30, 2025, the pretax margin rebounded to 8.52%. This positive turnaround suggests an improvement in the company's pre-tax profitability, potentially due to restructuring, cost-control measures, revenue growth, or other strategic initiatives that restored a more profitable operational stance.
Overall, the company's pretax margin has experienced considerable volatility over the examined period, characterized initially by stable profitability, followed by a sharp decline into losses, and subsequently a recovery back into profitability within a year.
Peer comparison
Apr 30, 2025