John Wiley & Sons (WLY)
Pretax margin
| 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 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -187,047 | -155,441 | -120,596 | -50,236 | 33,100 | -683 | 119,987 | 142,272 | 209,661 | 208,180 | 192,353 | 190,251 | 175,983 | -42,521 | -25,284 | -37,314 | -63,105 | 182,445 | 182,991 | 182,846 |
| Revenue (ttm) | US$ in thousands | 1,870,875 | 1,880,476 | 1,912,840 | 1,941,262 | 1,983,621 | 2,006,127 | 2,035,954 | 2,056,436 | 2,059,934 | 2,057,348 | 2,023,032 | 1,986,015 | 1,928,696 | 1,867,096 | 1,850,376 | 1,817,323 | 1,811,151 | 1,827,651 | 1,809,890 | 1,798,284 |
| Pretax margin | -10.00% | -8.27% | -6.30% | -2.59% | 1.67% | -0.03% | 5.89% | 6.92% | 10.18% | 10.12% | 9.51% | 9.58% | 9.12% | -2.28% | -1.37% | -2.05% | -3.48% | 9.98% | 10.11% | 10.17% |
April 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-187,047K ÷ $1,870,875K
= -10.00%
The pretax margin for John Wiley & Sons has shown fluctuating trends over the past several quarters. The company's pretax margin was negative in most recent quarters, reaching a low of -10.00% in April 2024, which indicates that the company's pre-tax earnings were insufficient to cover its operating expenses and taxes during that period.
This decline in pretax margin from positive levels in previous quarters such as April 2023, where it was at 1.67%, to negative levels in recent quarters may raise concerns about the company's ability to generate sustainable profits and manage its expenses effectively.
It is important for John Wiley & Sons to closely monitor and address the factors contributing to the declining pretax margin, such as cost management, revenue generation, and operational efficiency, to improve profitability and financial performance in the future.
Peer comparison
Apr 30, 2024