Pearson (PSON.L) stock price, revenue, and financials

Pearson market cap is £3.4 b, and annual revenue was £4.13 b in FY 2018

£3.4 B

PSON.L Mkt cap, 21-May-2020

£4.1 B

Pearson Revenue FY, 2018
Pearson Revenue growth (FY, 2017 - FY, 2018), %(9%)
Pearson Gross profit (FY, 2018)2.2 B
Pearson Gross profit margin (FY, 2018), %52.9%
Pearson Net income (FY, 2018)590 M
Pearson EBIT (FY, 2018)553 M
Pearson Cash, 31-Dec-2018568 M
Pearson EV2.2 B

Pearson Revenue

Pearson revenue was £4.13 b in FY, 2018 which is a 8.5% year over year decrease from the previous period.

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Pearson Revenue Breakdown

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Pearson revenue breakdown by business segment: 18.0% from Services, 32.6% from Assessments and 49.4% from Courseware

Pearson revenue breakdown by geographic segment: 63.6% from US, 9.1% from UK, 7.2% from Other Countries, 11.0% from Asia Pacific, 6.0% from Other European Countries and 3.1% from Other

Pearson Income Statement

Annual

GBPFY, 2016FY, 2017FY, 2018

Revenue

4.6b4.5b4.1b

Revenue growth, %

2%(1%)(9%)

Cost of goods sold

2.1b2.1b1.9b

Gross profit

2.5b2.4b2.2b

Gross profit Margin, %

54%54%53%

Sales and marketing expense

996.0m980.0m847.0m

General and administrative expense

1.2b1.2b1.0b

Operating expense total

2.5b2.0b1.9b

EBIT

2.5b451.0m553.0m

EBIT margin, %

55%10%13%

Interest expense

97.0m110.0m91.0m

Interest income

37.0m80.0m36.0m

Pre tax profit

(2.6b)421.0m498.0m

Income tax expense

(222.0m)13.0m(92.0m)

Net Income

(2.3b)408.0m590.0m

Half Year

GBPH1, 2016H1, 2017H1, 2018

Revenue

1.9b2.0b1.9b

Cost of goods sold

912.0m993.0m912.0m

Gross profit

954.0m1.1b953.0m

Gross profit Margin, %

51%51%51%

Operating expense total

1.3b1.1b942.0m

EBIT

(286.0m)16.0m233.0m

EBIT margin, %

(15%)1%12%

Interest expense

27.0m47.0m26.0m

Pre tax profit

(306.0m)(10.0m)202.0m

Income tax expense

86.0m6.0m13.0m

Net Income

(220.0m)(16.0m)189.0m

Pearson Balance Sheet

Annual

GBPFY, 2016FY, 2017FY, 2018

Cash

1.5b518.0m568.0m

Accounts Receivable

961.0m739.0m874.0m

Inventories

235.0m148.0m164.0m

Current Assets

4.1b2.5b3.4b

PP&E

343.0m281.0m237.0m

Goodwill

2.3b2.0b2.1b

Total Assets

10.1b7.9b7.9b

Accounts Payable

333.0m265.0m311.0m

Short-term debt

44.0m19.0m46.0m

Current Liabilities

1.9b1.6b2.1b

Long-term debt

2.4b1.1b(674.0m)

Non-Current Liabilities

3.8b1.7b1.2b

Total Debt

2.5b1.1b(628.0m)

Total Liabilities

5.7b3.9b3.4b

Common Stock

205.0m200.0m195.0m

Additional Paid-in Capital

2.6b2.6b2.6b

Retained Earnings

716.0m662.0m452.0m

Total Equity

4.3b4.0b4.5b

Debt to Equity Ratio

0.6 x0.3 x-0.1 x

Debt to Assets Ratio

0.2 x0.1 x-0.1 x

Financial Leverage

2.3 x2 x1.7 x

Half Year

GBPH1, 2016H1, 2017H1, 2018

Cash

980.0m458.0m330.0m

Inventories

274.0m238.0m167.0m

Current Assets

3.6b2.9b2.3b

PP&E

339.0m306.0m268.0m

Goodwill

4.5b2.3b2.2b

Total Assets

11.8b8.8b7.6b

Accounts Payable

(224.0m)222.0m327.0m

Short-term debt

(115.0m)266.0m33.0m

Current Liabilities

(1.7b)1.8b1.5b

Long-term debt

(2.3b)1.8b1.1b

Non-Current Liabilities

(3.6b)3.0b1.5b

Total Debt

(2.4b)2.1b1.1b

Total Liabilities

(5.4b)4.9b3.5b

Common Stock

205.0m206.0m195.0m

Additional Paid-in Capital

2.6b2.6b2.6b

Retained Earnings

3.7b1.2b1.3b

Total Equity

6.5b4.0b4.1b

Debt to Equity Ratio

-0.4 x0.5 x0.3 x

Debt to Assets Ratio

-0.2 x0.2 x0.1 x

Financial Leverage

1.8 x2.2 x1.9 x

Pearson Cash Flow

Annual

GBPFY, 2016FY, 2017FY, 2018

Net Income

(2.3b)408.0m590.0m

Accounts Receivable

61.0m133.0m(15.0m)

Inventories

17.0m24.0m(10.0m)

Accounts Payable

61.0m6.0m35.0m

Cash From Operating Activities

410.0m298.0m462.0m

Purchases of PP&E

(88.0m)(82.0m)(70.0m)

Cash From Investing Activities

(41.0m)651.0m211.0m

Long-term Borrowings

(251.0m)(1.3b)(445.0m)

Dividends Paid

(424.0m)(318.0m)(1.4b)

Cash From Financing Activities

(697.0m)(1.8b)(729.0m)

Net Change in Cash

(247.0m)(794.0m)(105.0m)

Interest Paid

(67.0m)(89.0m)(42.0m)

Income Taxes Paid

(45.0m)(75.0m)(43.0m)

Half Year

GBPH1, 2016H1, 2017H1, 2018

Net Income

(220.0m)(16.0m)189.0m

Depreciation and Amortization

184.0m155.0m123.0m

Accounts Receivable

36.0m54.0m(16.0m)

Inventories

(39.0m)(13.0m)(19.0m)

Accounts Payable

(52.0m)(231.0m)(241.0m)

Cash From Operating Activities

(323.0m)(300.0m)(173.0m)

Purchases of PP&E

(45.0m)(32.0m)(32.0m)

Cash From Investing Activities

(21.0m)(67.0m)118.0m

Long-term Borrowings

(245.0m)(459.0m)(417.0m)

Dividends Paid

(277.0m)(277.0m)(93.0m)

Cash From Financing Activities

(519.0m)(585.0m)(272.0m)

Net Change in Cash

(794.0m)(965.0m)(330.0m)

Interest Paid

(22.0m)(48.0m)(34.0m)

Income Taxes Paid

(35.0m)(33.0m)(8.0m)

Pearson Ratios

GBPY, 2018

EV/EBIT

4 x

EV/CFO

4.7 x

Revenue/Employee

169.8k

Debt/Equity

-0.1 x

Debt/Assets

-0.1 x

Financial Leverage

1.7 x

Pearson Operating Metrics

Pearson's Registered Users was reported to be 13 m in FY, 2017. Pearson's Properties was reported to be 825 in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017

Countries

70 70 70 70

Course Enrollments (Core Segment)

4 k4 k

English Language Learning Resources Annual Usage, students

35 m

Properties

1.15 k1 k900 825

Registered Users

11 m11 m13 m13 m

Students Served (North America Segment)

62 k68 k68 k78 k

Teaching Centers

700 650 650 650

Test Centers

7.20 k7.20 k8 k20 k

Pearson Employee Rating

3.24361 votes
Culture & Values
3.2
Work/Life Balance
3.5
Senior Management
2.6
Salary & Benefits
3.2
Career Opportunities
2.8
Source