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Scholastic SCHL Equity Method Investments

Discontinued — last reported Q3 '24

Equity Method Investments at other companies

Blackbaud logo
BlackbaudBLKB
$4.94M0.0%
Strategic Education, Inc. logo
Strategic Education, Inc.STRA
$9.51M-29.6%
Hormel Foods logo
Hormel FoodsHRL
$568.55M-16.7%
News Corporation logo
News CorporationNWS
Restaurant Brands International logo
Restaurant Brands InternationalQSR

Segments

By segment

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International$0.260.0%

Other financials

Income statement

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Revenue$329.1M-1.9%
Gross profit$178.8M-1.1%
Operating income-$26.9M-12.6%
Net income$62.5M+1,836%
EPS (diluted)$2.55+2,062%

Balance sheet

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Cash & equivalents$104.6M+10.5%
Total debt$302.1M-24.3%
Total equity$871.9M-7.4%
Total assets$1.8B-9.2%

Cash flow

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Operating cash flow-$30.5M
CapEx$13.4M+48.9%
Free cash flow-$43.9M-109%

Valuation

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Market cap$810.69M+58.9%
Enterprise value$1.01B+31.1%
P/E18.6×+6.1×
P/S0.5×+0.2×

Profitability

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Gross margin56.2%+0.4pp
Operating margin1.1%+0.5pp
Net margin1.2%-2.0pp
FCF margin2.6%-2.9pp

Returns & leverage

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Return on equity1.9%-2.9pp
Debt / equity0.3×-0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Scholastic in its filing.

Tagged under the XBRL concept us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The official record: Scholastic’s 10-Q, filed March 22, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Scholastic's equity method investments?
Scholastic (SCHL) reported equity method investments of $36.8M in Q4 2023.
How has Scholastic's equity method investments changed year-over-year?
Scholastic's equity method investments decreased by 0.8% year-over-year, from $37.1M to $36.8M.
What is the long-term trend for Scholastic's equity method investments?
Over 2 years (2021 to 2023), Scholastic's equity method investments has grown at a -3.4% compound annual growth rate (CAGR), from $40.3M to $37.6M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.