John Wiley & Sons (WLY)

Pretax margin

Apr 30, 2024 Apr 30, 2023 Apr 30, 2022 Apr 30, 2021 Apr 30, 2020
Earnings before tax but after interest (EBT) US$ in thousands -187,047 33,100 209,661 175,912 -63,092
Revenue US$ in thousands 1,870,880 1,983,820 2,059,930 1,931,900 1,810,000
Pretax margin -10.00% 1.67% 10.18% 9.11% -3.49%

April 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $-187,047K ÷ $1,870,880K
= -10.00%

The pretax margin for John Wiley & Sons has fluctuated over the past five years, ranging from a low of -10.00% in 2024 to a high of 10.18% in 2022. The negative pretax margin in 2024 indicates that the company's expenses exceeded its revenues before taking into account taxes. This may raise concerns about the company's ability to generate profit and control costs effectively. In contrast, the positive pretax margins in 2022 and 2021 suggest that the company was able to generate profit before accounting for taxes, indicating operational efficiency and potentially strong revenue generation. Overall, the trend in the pretax margin shows some volatility, highlighting the importance of monitoring the company's financial performance closely to assess its profitability and sustainability.


Peer comparison

Apr 30, 2024

Company name
Symbol
Pretax margin
John Wiley & Sons
WLY
-10.00%
Scholastic Corporation
SCHL
6.59%