SCHLSCHOLASTIC CORP
Books: Publishing Or Publishing & Printing
- Revenue
- $1.6B
- 2.7% YoY
- Operating margin
- 1.0%
- 1.1% YoY
- EBITDA
- $63M
- 11% YoY
- Market cap
- $692M
- Employees
- 6,905
- $229K revenue each
- Net debt / EBITDA
- 1.2×
- $78M net debt
- AI in 10-K
- 3.0
- mentions per 10K words
Takeover score 6 of 13
Fixable underperformance 3 of 7
- TSR below peersYes3 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$3M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo90% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowYes562% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo12% of assetsOver 40% of assets
- Shareholder dissentYes50% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$229K · 22nd pctBottom quartile of its SIC industry
- Quiet on AINo3.0 per 10K words · 69th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo1.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$692M market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$14M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.6B | $1.6B | $1.6B | 2.7% |
| Operating income | $97M | $106M | $15M | $16M | $15M | 3.8% |
| Net income | $81M | $86M | $12M | −$2M | $57M | 3106% |
| Operating cash flow | $226M | $149M | $155M | $124M | $51M | 59% |
| Stock-based comp | $8M | $11M | $11M | $9M | $9M | 8.6% |
| Buybacks | $33M | $132M | $158M | $70M | $266M | 280% |
| Dividends | $21M | $26M | $25M | $23M | $20M | 12% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Aug 27, 2026 | Lucchese Iole | SCHEDULE 13D/A | 5.2% | Passive |
| Feb 18, 2026 | Lucchese Iole | SCHEDULE 13D | 5.5% | Passive |
| Apr 19, 2024 | Lucchese Iole | SC 13D | 4.3% | Passive |
| Jan 17, 2024 | Lucchese Iole | SC 13D/A | 5.5% | Passive |
| Jul 16, 2021 | Lucchese Iole | SC 13D | 8.8% | Passive |
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $14M · 8
- Net
- −$14M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $4M | $5M | 135 | 154 |
| FY2025 | $3M | $2M | 56 | 182 |
| FY2024 | $2M | $2M | 113 | 121 |
| FY2023 | $3M | $4M | 131 | 93 |
| FY2022 | $5M | $6M | 113 | 97 |