JOHN WILEY & SONS, INC. WLY
The Company, founded in 1807, was incorporated in the state of New York on January 15, 1904. Throughout this report, when we refer to "Wiley," the "Company," "we," "our," or "us," we are referring to John Wiley & Sons, Inc. and all of our subsidiaries, except where the context indicates otherwise.
Wiley is a global leader in authoritative content and research intelligence for the advancement of scientific discovery, innovation, and learning. The Company's content, services, platforms, and knowledge networks are tailored to meet the evolving needs of its customers and partners, including institutions, societies, corporations, researchers, students, instructors, and other professionals. Wiley is a predominantly digital company with 85% of revenue for the year ended April 30, 2026 generated by digital products and services. For the year ended April 30, 2026, 48% of revenue is recurring which includes revenue that is contractually obligated or set to recur with a high degree of certainty.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.68B | $1.68B | $1.87B | $2.02B | $2.08B | $1.94B | $1.83B | $1.80B | $1.80B | $1.72B |
| Cost of revenue | $431.5M | $431.4M | $579.7M | $692.5M | $700.7M | $625.3M | $591.0M | $554.7M | $531.0M | $500.8M |
| Gross profit | $1.25B | $1.25B | $1.29B | $1.33B | $1.38B | $1.32B | $1.24B | $1.25B | $1.27B | $1.26B |
| SG&A | $895.9M | $947.4M | $1.01B | $1.04B | $1.08B | $1.02B | $997.4M | $963.6M | $953.2M | $943.2M |
| Total operating expenses | $1.40B | $1.46B | $1.82B | $1.96B | $1.86B | $1.76B | $1.89B | $1.58B | $1.56B | $1.51B |
| Operating income | $276.9M | $221.4M | $52.3M | $55.9M | $219.3M | $185.5M | -$54.3M | $224.0M | $231.5M | $211.5M |
| Interest expense | $43.8M | $52.5M | $49.0M | $37.7M | $19.8M | $18.4M | $25.0M | $16.1M | $13.3M | $16.9M |
| Pre-tax income | $215.1M | $142.9M | -$187.0M | $33.1M | $209.7M | $175.9M | -$63.1M | $213.0M | $213.9M | $191.1M |
| Income tax | $6.5M | $58.7M | $13.3M | $15.9M | $61.4M | $27.7M | $11.2M | $44.7M | $21.7M | $77.5M |
| Net income | $221.6M | $84.2M | -$200.3M | $17.2M | $148.3M | $148.3M | -$74.3M | $168.3M | $192.2M | $113.6M |
| EPS, basic | 4.22 | 1.56 | -3.65 | 0.31 | 2.66 | 2.65 | -1.32 | 2.94 | 3.37 | 1.98 |
| EPS, diluted | 4.16 | 1.53 | -3.65 | 0.31 | 2.62 | 2.63 | -1.32 | 2.91 | 3.32 | 1.95 |
| Shares, diluted (wtd. avg.) | $53.2M | $54.8M | $54.9M | $56.4M | $56.6M | $56.5M | $56.2M | $57.8M | $57.9M | $58.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $75.6M | $85.9M | $83.2M | $106.7M | $100.4M | $93.8M | $202.5M | $92.9M | $169.8M | $58.5M |
| Receivables | $244.2M | $228.4M | $224.2M | $310.1M | $332.0M | $311.6M | $309.4M | $306.6M | $212.4M | $188.7M |
| Inventory | $19.3M | $22.9M | $26.2M | $30.7M | $36.6M | $42.5M | $43.6M | $35.6M | $39.5M | $47.9M |
| Total current assets | $419.7M | $439.9M | $454.0M | $541.3M | $550.9M | $526.3M | $614.9M | $502.5M | $480.0M | $359.7M |
| Property, plant and equipment | $136.3M | $162.1M | $192.4M | $247.1M | $271.6M | $282.3M | $298.0M | $289.0M | $289.9M | $243.1M |
| Goodwill | $1.13B | $1.12B | $1.09B | $1.20B | $1.30B | $1.30B | $1.12B | $1.10B | $1.02B | $982.1M |
| Other intangibles | $579.0M | $595.0M | $615.7M | $854.8M | $931.4M | $1.02B | $807.4M | $865.6M | $848.1M | $828.1M |
| Total assets | $2.59B | $2.69B | $2.73B | $3.11B | $3.36B | $3.45B | $3.17B | $2.95B | $2.84B | $2.61B |
| Accounts payable | $67.2M | $60.9M | $55.7M | $84.3M | $77.4M | $95.8M | $93.7M | $91.0M | $90.1M | $76.3M |
| Short-term debt | $12.5M | $10.0M | $7.5M | $5.0M | $18.8M | $12.5M | $9.4M | $0 | — | — |
| Total current liabilities | $778.9M | $820.9M | $873.3M | $895.6M | $969.4M | $989.0M | $927.3M | $882.3M | $874.3M | $787.9M |
| Long-term debt | $670.9M | $789.4M | $767.1M | $743.3M | $768.3M | $809.1M | $765.6M | $478.8M | $360.0M | $365.0M |
| Total liabilities | $1.74B | $1.94B | $1.99B | $2.06B | $2.22B | $2.36B | $2.24B | $1.77B | $1.65B | $1.60B |
| Retained earnings | $1.74B | $1.59B | $1.58B | $1.86B | $1.92B | $1.85B | $1.78B | $1.93B | $1.83B | $1.72B |
| Total equity | $848.2M | $752.2M | $739.7M | $1.05B | $1.14B | $1.09B | $933.6M | $1.18B | $1.19B | $1.00B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $260.5M | $202.6M | $207.6M | $277.1M | $339.1M | $359.9M | $288.4M | $250.8M | $382.3M | $314.9M |
| Depreciation and amortisation | $143.5M | $147.1M | $177.0M | $213.3M | $215.2M | $200.2M | $175.1M | $161.2M | $154.0M | $156.6M |
| Stock-based compensation | $20.6M | $22.2M | $25.0M | $26.5M | $25.7M | $22.0M | $20.0M | $18.3M | $11.2M | $17.6M |
| Capital expenditure | $51.2M | $61.5M | $76.1M | $81.2M | $88.8M | $77.4M | $88.6M | $77.2M | $114.2M | $105.1M |
| Investing cash flow | $28.1M | -$94.0M | -$106.6M | -$98.4M | -$194.0M | -$433.2M | -$346.7M | -$301.5M | -$177.4M | -$243.0M |
| Financing cash flow | -$298.3M | -$125.3M | -$107.2M | -$168.6M | -$131.6M | -$47.1M | $172.7M | -$17.6M | -$96.8M | -$346.2M |
| Dividends paid | $74.4M | $76.1M | $77.0M | $77.3M | $77.2M | $76.9M | $76.7M | $75.8M | $73.5M | $71.5M |
| Buybacks | $100.1M | $60.4M | $45.0M | $35.0M | $30.0M | $15.8M | $46.6M | $60.0M | $39.7M | $50.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000107140-26-000041.
Others in SIC 2731
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SCHL | SCHOLASTIC CORP | $845.1M | 15.2x | -2.7% |
| PSO | PEARSON PLC | — | — | — |