John Wiley & Sons (WLY)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -200,319 | -157,240 | -114,834 | -57,196 | 17,233 | -7,965 | 98,870 | 116,644 | 148,309 | 146,563 | 133,358 | 145,823 | 148,327 | -51,073 | -37,834 | -61,566 | -74,300 | 147,000 | 146,500 | 145,600 |
| Total stockholders’ equity | US$ in thousands | 739,716 | 748,306 | 867,276 | 937,206 | 1,045,030 | 1,026,900 | 1,077,810 | 1,082,330 | 1,142,270 | 1,119,520 | 1,106,660 | 1,077,900 | 1,091,290 | 1,063,800 | 1,020,210 | 973,745 | 933,624 | 1,197,240 | 1,179,000 | 1,132,010 |
| ROE | -27.08% | -21.01% | -13.24% | -6.10% | 1.65% | -0.78% | 9.17% | 10.78% | 12.98% | 13.09% | 12.05% | 13.53% | 13.59% | -4.80% | -3.71% | -6.32% | -7.96% | 12.28% | 12.43% | 12.86% |
April 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-200,319K ÷ $739,716K
= -27.08%
The return on equity (ROE) of John Wiley & Sons has shown some fluctuation over the past few years, as evidenced by the data provided.
From April 2019 to July 2020, the company's ROE ranged between -7.96% to 12.86%, indicating varying levels of profitability and efficiency in utilizing shareholders' equity during this period.
However, the ROE took a negative turn from January 2021 to April 2024, consistently remaining below zero. This suggests that the company's net income was insufficient to generate a positive return for shareholders during these quarters, indicating potential issues with profitability and efficiency.
The significant decline in ROE from positive levels in 2021 to negative levels in 2024 raises concerns about the company's financial performance and its ability to generate profit relative to shareholder equity. Further analysis into the company's financial statements and operations is needed to understand the underlying factors contributing to this trend in ROE.
Peer comparison
Apr 30, 2024