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