NASDAQ : SCHL
Scholastic Corporation — Financial statements
Communication Services · Publishing · United States
Last price 39.23 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 722.20M
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Financial statements
Scholastic Corporation (SCHL) reported revenue of 1.57B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 1.57B | 1.58B | 1.63B | 1.59B | 1.70B | 1.64B |
| Cost of Revenue | 684.40M | 689.80M | 718.80M | 705.10M | 786.40M | 765.50M |
| Gross Profit | 888.70M | 892.10M | 906.70M | 884.60M | 917.60M | 877.40M |
| Selling, General & Admin | 787.10M | 792.70M | 823.40M | 804.00M | 761.30M | 716.10M |
| Operating Expenses | 842.20M | 851.50M | 889.10M | 861.10M | 816.00M | 772.90M |
| Operating Income | 46.50M | 40.60M | 17.60M | 23.50M | 101.60M | 104.50M |
| Interest Expense | -11.40M | -14.10M | -18.20M | -1.90M | -1.40M | -2.90M |
| Interest & Investment Income | 3.10M | 2.90M | 2.20M | 4.60M | 7.20M | 500.00K |
| EBT Excluding Unusual Items | 38.20M | 29.40M | 1.60M | 26.20M | 107.40M | 102.10M |
| Merger & Restructuring Charges | -22.70M | -16.40M | -600.00K | -3.90M | ||
| Gain (Loss) on Sale of Investments | -17.20M | -17.20M | ||||
| Gain (Loss) on Sale of Assets | 99.70M | 99.70M | -5.40M | |||
| Asset Writedown | -10.10M | -10.90M | -2.30M | -6.10M | -400.00K | |
| Other Unusual Items | -6.60M | |||||
| Pretax Income | 88.50M | 85.20M | -1.30M | 16.20M | 112.40M | 89.70M |
| Income Tax Expense | 31.90M | 28.50M | 600.00K | 4.10M | 25.90M | 8.70M |
| Earnings From Continuing Operations | 56.60M | 56.70M | -1.90M | 12.10M | 86.50M | 81.00M |
| Net Income to Company | 56.60M | 56.70M | -1.90M | 12.10M | 86.50M | 81.00M |
| Minority Interest in Earnings | -200.00K | -100.00K | ||||
| Net Income | 56.60M | 56.70M | -1.90M | 12.10M | 86.30M | 80.90M |
| Preferred Dividends & Other Adjustments | 300.00K | |||||
| Net Income to Common | 56.60M | 56.70M | -1.90M | 12.10M | 86.30M | 80.60M |
| Shares Outstanding (Basic) | 22.12M | 23.70M | 27.60M | 29.60M | 33.80M | 34.50M |
| Shares Outstanding (Diluted) | 22.62M | 24.20M | 27.60M | 30.40M | 34.70M | 35.60M |
| EPS (Basic) | 2.56 | 2.39 | -0.07 | 0.41 | 2.55 | 2.34 |
| EPS (Diluted) | 2.51 | 2.34 | -0.07 | 0.40 | 2.49 | 2.27 |
| Free Cash Flow | -14.40M | 2.50M | 72.00M | 96.20M | 86.90M | 184.00M |
| Free Cash Flow Per Share | -0.64 | 0.10 | 2.61 | 3.16 | 2.50 | 5.17 |
| Dividend Per Share | 0.85 | 0.80 | 0.80 | 0.80 | 0.80 | 0.60 |
| Gross Margin | 56.49% | 56.39% | 55.78% | 55.65% | 53.85% | 53.41% |
| Operating Margin | 2.96% | 2.57% | 1.08% | 1.48% | 5.96% | 6.36% |
| Profit Margin | 3.60% | 3.58% | -0.12% | 0.76% | 5.07% | 4.91% |
| Free Cash Flow Margin | -0.92% | 0.16% | 4.43% | 6.05% | 5.10% | 11.20% |
| EBITDA | 82.50M | 80.10M | 63.20M | 58.00M | 134.60M | 139.10M |
| EBITDA Margin | 5.24% | 5.06% | 3.89% | 3.65% | 7.90% | 8.47% |
| D&A For EBITDA | 36.00M | 39.50M | 45.60M | 34.50M | 33.00M | 34.60M |
| EBIT | 46.50M | 40.60M | 17.60M | 23.50M | 101.60M | 104.50M |
| EBIT Margin | 2.96% | 2.57% | 1.08% | 1.48% | 5.96% | 6.36% |
| Effective Tax Rate | 36.05% | 33.45% | 25.31% | 23.04% | 9.70% | |
| Advertising Expenses | 58.40M | 61.40M | 61.70M | 76.90M | 69.50M |
Balance sheet
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 106.80M | 134.90M | 124.00M | 113.70M | 224.50M | 316.60M |
| Cash & Short-Term Investments | 106.80M | 134.90M | 124.00M | 113.70M | 224.50M | 316.60M |
| Accounts Receivable | 186.60M | 236.40M | 273.40M | 235.00M | 278.00M | 299.40M |
| Other Receivables | 68.20M | 47.70M | 29.80M | 15.20M | 8.90M | 26.80M |
| Receivables | 254.80M | 284.10M | 303.20M | 250.20M | 286.90M | 326.20M |
| Inventory | 315.30M | 265.00M | 250.20M | 264.20M | 334.50M | 281.40M |
| Prepaid Expenses | 49.90M | 32.90M | 44.20M | 44.60M | 42.30M | 62.80M |
| Other Current Assets | 3.40M | 4.40M | 3.70M | 4.20M | 4.70M | 9.00M |
| Total Current Assets | 730.20M | 721.30M | 725.30M | 676.90M | 892.90M | 996.00M |
| Property, Plant & Equipment | 488.00M | 492.80M | 620.20M | 611.00M | 607.10M | 598.90M |
| Long-Term Investments | 5.80M | 5.80M | 40.00M | 37.50M | 37.60M | 37.00M |
| Goodwill | 199.20M | 199.40M | 198.90M | 132.80M | 132.70M | 125.30M |
| Other Intangible Assets | 74.80M | 77.90M | 87.90M | 10.30M | 9.90M | 8.10M |
| Long-Term Deferred Tax Assets | 31.90M | 31.80M | 34.70M | 23.10M | 21.00M | 21.50M |
| Long-Term Deferred Charges | 40.10M | 49.30M | 59.50M | 63.90M | 62.60M | 62.80M |
| Other Long-Term Assets | 155.30M | 149.80M | 183.60M | 115.70M | 102.90M | 91.20M |
| Total Assets | 1.73B | 1.73B | 1.95B | 1.67B | 1.87B | 1.94B |
| Accounts Payable | 150.20M | 144.20M | 157.30M | 138.50M | 170.90M | 162.30M |
| Accrued Expenses | 164.90M | 173.00M | 199.20M | 170.00M | 184.60M | 210.10M |
| Short-Term Debt | 29.10M | 22.60M | 24.50M | 6.00M | 6.00M | 6.50M |
| Current Portion of Leases | 29.50M | 29.60M | 28.50M | 24.10M | 23.40M | 23.10M |
| Current Income Taxes Payable | 4.70M | 4.70M | 3.70M | 1.90M | 13.40M | 2.70M |
| Current Unearned Revenue | 171.60M | 179.20M | 178.80M | 161.10M | 169.10M | 172.80M |
| Other Current Liabilities | 32.90M | 32.20M | 34.40M | 33.10M | 34.90M | 42.20M |
| Total Current Liabilities | 582.90M | 585.50M | 626.40M | 534.70M | 602.30M | 619.70M |
| Long-Term Debt | 175.00M | 75.00M | 250.00M | |||
| Long-Term Leases | 276.10M | 292.30M | 96.40M | 93.70M | 78.40M | 76.50M |
| Long-Term Unearned Revenue | 2.10M | 2.70M | 4.20M | 6.50M | ||
| Pension & Post-Retirement Benefits | 5.50M | 10.80M | 11.50M | 12.50M | 9.80M | |
| Other Long-Term Liabilities | 32.70M | 16.30M | 15.80M | 6.70M | 9.00M | 16.40M |
| Total Liabilities | 1.07B | 977.30M | 1.00B | 653.10M | 702.20M | 722.40M |
| Common Stock | 400.00K | 400.00K | 400.00K | 400.00K | 400.00K | 400.00K |
| Additional Paid-In Capital | 601.60M | 602.50M | 607.10M | 604.60M | 632.20M | 627.00M |
| Retained Earnings | 961.50M | 1.04B | 999.70M | 1.02B | 1.04B | 976.50M |
| Treasury Stock | -869.90M | -853.80M | -619.20M | -558.10M | -449.50M | -341.50M |
| Comprehensive Income & Other | -37.10M | -35.90M | -41.50M | -52.50M | -55.80M | -45.40M |
| Total Common Equity | 656.50M | 750.80M | 946.50M | 1.02B | 1.16B | 1.22B |
| Minority Interest | 1.60M | 1.40M | ||||
| Shareholders' Equity | 656.50M | 750.80M | 946.50M | 1.02B | 1.16B | 1.22B |
| Total Liabilities & Equity | 1.73B | 1.73B | 1.95B | 1.67B | 1.87B | 1.94B |
| Total Debt | 509.70M | 419.50M | 399.40M | 123.80M | 107.80M | 106.10M |
| Net Cash (Debt) | -402.90M | -284.60M | -275.40M | -10.10M | 116.70M | 210.50M |
| Net Cash Per Share | -17.81 | -11.76 | -9.98 | -0.33 | 3.36 | 5.91 |
| Filing Date Shares Outstanding | 18.41M | 18.86M | 25.05M | 28.24M | 31.61M | 34.13M |
| Total Common Shares Outstanding | 18.41M | 18.75M | 25.04M | 28.24M | 31.66M | 34.13M |
| Working Capital | 147.30M | 135.80M | 98.90M | 142.20M | 290.60M | 376.30M |
| Book Value Per Share | 35.66 | 40.05 | 37.79 | 36.05 | 36.73 | 35.66 |
| Tangible Book Value | 382.50M | 473.50M | 659.70M | 875.00M | 1.02B | 1.08B |
| Tangible Book Value Per Share | 20.78 | 25.26 | 26.34 | 30.99 | 32.23 | 31.75 |
| Land | 5.70M | 81.40M | 79.60M | 79.50M | 79.60M | |
| Buildings | 44.40M | 472.90M | 455.20M | 450.40M | 447.40M | |
| Machinery | 230.20M | 244.50M | 220.70M | 212.90M | 206.50M | |
| Construction In Progress | 37.60M | 30.80M | 28.50M | 46.00M | 33.90M |
Cash flow statement
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 56.60M | 56.70M | -1.90M | 12.10M | 86.30M | 80.90M |
| Depreciation & Amortization | 36.00M | 39.50M | 45.60M | 34.50M | 33.00M | 34.60M |
| Other Amortization | 67.80M | 65.80M | 64.70M | 58.70M | 56.70M | 56.70M |
| Loss (Gain) From Sale of Assets | -99.70M | -99.70M | 1.90M | |||
| Asset Writedown & Restructuring Costs | 10.10M | 10.90M | 2.90M | 10.00M | 400.00K | |
| Loss (Gain) From Sale of Investments | 17.20M | 17.20M | ||||
| Loss (Gain) on Equity Investments | -400.00K | -300.00K | -500.00K | -500.00K | -900.00K | -2.00M |
| Stock-Based Compensation | 8.80M | 8.50M | 9.30M | 11.00M | 10.50M | 7.80M |
| Provision & Write-off of Bad Debts | 6.40M | 6.50M | 5.00M | 5.20M | 3.30M | 15.20M |
| Other Operating Activities | 18.40M | 19.50M | 2.60M | 21.60M | 29.60M | 35.00M |
| Change in Accounts Receivable | -5.40M | 31.40M | -26.70M | 38.20M | 15.00M | -73.10M |
| Change in Inventory | -600.00K | -22.50M | -2.80M | 50.90M | -83.60M | -46.70M |
| Change in Accounts Payable | -26.10M | -13.80M | 15.50M | -32.50M | 9.40M | 27.40M |
| Change in Unearned Revenue | -9.50M | -100.00K | 7.50M | -8.10M | -2.90M | 74.70M |
| Change in Income Taxes | -12.70M | -18.60M | 8.50M | -17.80M | 28.60M | 61.90M |
| Change in Other Net Operating Assets | -30.30M | -51.70M | -16.10M | -28.70M | -36.10M | -48.70M |
| Operating Cash Flow | 38.10M | 50.90M | 124.20M | 154.60M | 148.90M | 226.00M |
| Capital Expenditures | -52.50M | -48.40M | -52.20M | -58.40M | -62.00M | -42.00M |
| Sale of Property, Plant & Equipment | 16.00M | |||||
| Cash Acquisitions | -176.20M | -8.50M | -10.70M | |||
| Investment in Securities | 20.40M | 19.70M | ||||
| Other Investing Activities | 435.50M | 434.50M | -24.50M | -22.80M | -26.90M | -17.20M |
| Investing Cash Flow | 403.40M | 405.80M | -252.90M | -89.70M | -99.60M | -43.20M |
| Short-Term Debt Issued | 251.80M | 322.40M | 54.10M | 3.50M | 3.20M | |
| Total Debt Issued | 277.50M | 251.80M | 322.40M | 54.10M | 3.50M | 3.20M |
| Short-Term Debt Repaid | -428.30M | -92.20M | -54.10M | -3.70M | -186.20M | |
| Long-Term Debt Repaid | -2.10M | -1.70M | -2.30M | -2.30M | -2.30M | |
| Total Debt Repaid | -422.20M | -430.40M | -93.90M | -56.40M | -6.00M | -188.50M |
| Net Debt Issued (Repaid) | -144.70M | -178.60M | 228.50M | -2.30M | -2.50M | -185.30M |
| Issuance of Common Stock | 25.70M | 18.60M | 1.20M | 9.10M | 20.70M | 10.20M |
| Repurchase of Common Stock | -291.20M | -265.90M | -70.00M | -158.20M | -132.10M | -33.40M |
| Common Dividends Paid | -18.60M | -20.00M | -22.60M | -24.70M | -25.60M | -20.70M |
| Other Financing Activities | -100.00K | -100.00K | 200.00K | |||
| Financing Cash Flow | -428.90M | -446.00M | 137.30M | -176.10M | -139.50M | -229.20M |
| Foreign Exchange Rate Adjustments | -100.00K | 200.00K | 1.70M | 400.00K | -1.90M | -3.50M |
| Net Cash Flow | 12.50M | 10.90M | 10.30M | -110.80M | -92.10M | -49.90M |
| Free Cash Flow | -14.40M | 2.50M | 72.00M | 96.20M | 86.90M | 184.00M |
| Free Cash Flow Margin | -0.92% | 0.16% | 4.43% | 6.05% | 5.10% | 11.20% |
| Free Cash Flow Per Share | -0.64 | 0.10 | 2.61 | 3.16 | 2.50 | 5.17 |
| Levered Free Cash Flow | 35.04M | 56.76M | 97.72M | 96.20M | 94.62M | 207.70M |
| Unlevered Free Cash Flow | 42.16M | 65.58M | 109.10M | 97.39M | 95.50M | 209.51M |
| Cash Interest Paid | 15.20M | 15.20M | 18.30M | 2.20M | 1.50M | 3.30M |
| Cash Income Tax Paid | 43.40M | 43.40M | 2.00M | 23.70M | 2.50M | -48.80M |
| Change in Working Capital | -83.10M | -73.70M | -3.50M | 2.00M | -69.60M | -4.50M |
Ratios
Fiscal year June - May; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 718.70M | 747.39M | 460.88M | 1.02B | 1.40B | 1.29B |
| Enterprise Value | 1.12B | 959.19M | 775.68M | 1.05B | 1.30B | 1.08B |
| Last Close Price | 39.30 | 39.98 | 16.62 | 33.71 | 38.67 | 33.50 |
| PE Ratio | 15.58 | 13.18 | 84.57 | 16.27 | 16.03 | |
| Forward PE | 21.96 | 20.20 | 23.99 | 12.47 | 17.77 | 27.69 |
| PS Ratio | 0.46 | 0.47 | 0.28 | 0.64 | 0.82 | 0.79 |
| PB Ratio | 1.10 | 0.99 | 0.49 | 1.00 | 1.21 | 1.06 |
| P/TBV Ratio | 1.89 | 1.58 | 0.70 | 1.17 | 1.38 | 1.19 |
| P/FCF Ratio | 298.96 | 6.40 | 10.64 | 16.16 | 7.02 | |
| P/OCF Ratio | 18.99 | 14.68 | 3.71 | 6.62 | 9.43 | 5.72 |
| EV/Sales Ratio | 0.72 | 0.61 | 0.48 | 0.66 | 0.76 | 0.66 |
| EV/EBITDA Ratio | 13.65 | 11.97 | 12.27 | 18.04 | 9.63 | 7.75 |
| EV/EBIT Ratio | 24.22 | 23.62 | 44.07 | 44.53 | 12.76 | 10.31 |
| EV/FCF Ratio | 383.68 | 10.77 | 10.88 | 14.92 | 5.86 | |
| Debt / Equity Ratio | 0.78 | 0.56 | 0.42 | 0.12 | 0.09 | 0.09 |
| Debt / EBITDA Ratio | 3.95 | 3.39 | 4.21 | 1.41 | 0.67 | 0.64 |
| Debt / FCF Ratio | 167.80 | 5.55 | 1.29 | 1.24 | 0.58 | |
| Net Debt / Equity Ratio | 0.61 | 0.38 | 0.29 | 0.01 | -0.10 | -0.17 |
| Net Debt / EBITDA Ratio | 4.88 | 3.55 | 4.36 | 0.17 | -0.87 | -1.51 |
| Net Debt / FCF Ratio | -27.98 | 113.84 | 3.83 | 0.10 | -1.34 | -1.14 |
| Asset Turnover | 0.85 | 0.86 | 0.90 | 0.90 | 0.90 | 0.83 |
| Inventory Turnover | 2.15 | 2.68 | 2.79 | 2.35 | 2.55 | 2.78 |
| Quick Ratio | 0.62 | 0.72 | 0.68 | 0.68 | 0.85 | 1.04 |
| Current Ratio | 1.25 | 1.23 | 1.16 | 1.27 | 1.48 | 1.61 |
| Return on Equity (ROE) | 7.38% | 6.68% | -0.19% | 1.11% | 7.26% | 6.75% |
| Return on Assets (ROA) | 1.58% | 1.38% | 0.61% | 0.83% | 3.34% | 3.31% |
| Return on Invested Capital (ROIC) | 2.84% | 2.39% | 1.56% | 1.69% | 7.61% | 8.91% |
| Return on Capital Employed (ROCE) | 4.10% | 3.60% | 1.30% | 2.10% | 8.00% | 7.90% |
| Earnings Yield | 6.42% | 7.59% | -0.41% | 1.18% | 6.15% | 6.26% |
| FCF Yield | -1.99% | 0.33% | 15.62% | 9.40% | 6.19% | 14.24% |
| Dividend Yield | 2.55% | 2.01% | 4.35% | 2.21% | 1.80% | 1.58% |
| Payout Ratio | 35.92% | 35.27% | 204.13% | 29.66% | 25.59% | |
| Buyback Yield / Dilution | 15.66% | 12.32% | 9.21% | 12.39% | 2.53% | -3.79% |
| Total Shareholder Return | 18.20% | 14.33% | 13.56% | 14.60% | 4.33% | -2.21% |