John Wiley & Sons (WLY)
Return on assets (ROA)
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -200,319 | 17,233 | 148,309 | 148,256 | -74,287 |
| Total assets | US$ in thousands | 2,725,500 | 3,108,810 | 3,361,700 | 3,446,440 | 3,168,790 |
| ROA | -7.35% | 0.55% | 4.41% | 4.30% | -2.34% |
April 30, 2024 calculation
ROA = Net income ÷ Total assets
= $-200,319K ÷ $2,725,500K
= -7.35%
The return on assets (ROA) of John Wiley & Sons has fluctuated over the past five years.
In 2024, the company experienced a negative ROA of -7.35%, indicating that the company's net income generated from its assets was insufficient to cover its total assets. This could be a concerning metric as it suggests inefficiencies in asset utilization and/or profitability.
In 2023, the ROA improved to 0.55%, indicating a slight increase in the company's ability to generate earnings from its assets. However, the ROA was still relatively low compared to the industry average.
The year 2022 showed a stronger ROA of 4.41%, signaling that the company effectively utilized its assets to generate profits. This could be attributed to improved operational efficiency or strategic investments.
Similarly, in 2021, the ROA was 4.30%, demonstrating consistent performance in generating earnings from assets.
In 2020, the company experienced a negative ROA of -2.34%, indicating a decline in profitability relative to its assets. This could be a red flag for investors and stakeholders, as it suggests a potential decrease in asset efficiency or profitability challenges.
Overall, the analysis of John Wiley & Sons' ROA over the past five years highlights periods of strong performance in asset utilization and profitability, as well as instances of underperformance and negative returns. Investors should further investigate the company's financial health and strategic initiatives to assess its future prospects and sustainability.
Peer comparison
Apr 30, 2024