John Wiley & Sons (WLY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 739,716 | 1,045,030 | 1,142,270 | 1,091,290 | 933,624 |
| ROE | -27.08% | 1.65% | 12.98% | 13.59% | -7.96% |
April 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-200,319K ÷ $739,716K
= -27.08%
John Wiley & Sons' return on equity (ROE) has fluctuated significantly over the past five years. In the most recent fiscal year ending April 30, 2024, the company reported a negative ROE of -27.08%, indicating that the company experienced a loss relative to its shareholders' equity. This represents a sharp decline from the previous year's ROE of 1.65%.
Looking back further, in the fiscal year ending April 30, 2022, John Wiley & Sons achieved an ROE of 12.98%, showing a strong performance and solid profitability in that year. The ROE for the fiscal year ending April 30, 2021 was slightly higher at 13.59%, indicating continued profitability and value creation for shareholders.
However, in the fiscal year ending April 30, 2020, the company experienced negative profitability with an ROE of -7.96%, suggesting a period of underperformance or financial challenges.
Overall, John Wiley & Sons' ROE has been volatile, reflecting fluctuations in its profitability and efficiency in generating returns for shareholders. Investors and analysts may want to further investigate the factors driving these fluctuations to assess the company's financial health and performance.
Peer comparison
Apr 30, 2024