John Wiley & Sons (WLY)
Pretax margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 142,878 | 144,615 | 13,646 | -57,321 | -187,047 | -155,441 | -120,596 | -50,236 | 33,100 | -683 | 119,987 | 142,272 | 209,661 | 208,109 | 192,282 | 190,180 | 175,912 | -42,565 | -25,285 | -37,325 |
| Revenue (ttm) | US$ in thousands | 1,677,609 | 1,703,491 | 1,759,570 | 1,825,783 | 1,872,987 | 1,930,653 | 1,961,316 | 1,983,344 | 2,019,900 | 2,039,426 | 2,063,942 | 2,082,109 | 2,082,928 | 2,073,527 | 2,040,555 | 1,998,563 | 1,941,501 | 1,879,866 | 1,864,085 | 1,839,279 |
| Pretax margin | 8.52% | 8.49% | 0.78% | -3.14% | -9.99% | -8.05% | -6.15% | -2.53% | 1.64% | -0.03% | 5.81% | 6.83% | 10.07% | 10.04% | 9.42% | 9.52% | 9.06% | -2.26% | -1.36% | -2.03% |
April 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $142,878K ÷ $1,677,609K
= 8.52%
The analysis of John Wiley & Sons' pretax margin over the specified periods indicates notable fluctuations and underlying trends.
In the fiscal year ending July 31, 2020, the company reported a negative pretax margin of -2.03%, reflecting losses before tax. This negative trend persisted with slight variations through October 2020 and January 2021, with margins of -1.36% and -2.26%, respectively. These figures suggest that during this period, the company was facing challenges in generating profits at the pre-tax level, likely attributable to operational or market conditions impacting revenue or cost structures.
A significant turning point occurs in April 2021, when the pretax margin turns positive, reaching 9.06%. The positive trajectory continues robustly with margins of 9.52% in July 2021 and 9.42% in October 2021, followed by slight increases to 10.04% and 10.07% in January and April 2022, respectively. This shift indicates an improvement in profitability, possibly due to operational efficiencies, revenue growth, or cost containment measures.
However, starting in July 2022, there's a downward trend in pretax margins, decreasing from 6.83% to 5.81% in October 2022. The margin becomes negative again in January 2023 at -0.03%, and continues to decline, reaching -2.53% in July 2023 and -6.15% in October 2023. The subsequent periods show further deterioration, with margins deepening into significant losses at -8.05% in January 2024, and -9.99% in April 2024.
Post-April 2024, a partial recovery is observed, with margins improving to -3.14% in July 2024 and returning into positive territory at 0.78% in October 2024. Notably, the most recent data points to a marked turnaround, with margins rising sharply to 8.49% in January 2025 and 8.52% in April 2025, indicating a substantial recovery in pretax profitability.
Overall, the pretax margin trajectory reflects periods of profitability interspersed with significant downturns. The recent positive figures suggest an improved operational performance and potential strategic or market factors contributing to the recovery. The substantial fluctuation underscores the volatility in pretax profitability over the observed timeframe, emphasizing the importance of examining underlying revenue, cost, and operational factors for a comprehensive understanding.
Peer comparison
Apr 30, 2025