Pearson plc Sponsored ADR (PSO) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 09	$0.06	$0.02	-66.7%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.51	—	—	$3.6B	—
FY24	—	$0.65	—	—	$3.6B	—
FY23	—	$0.53	—	—	$3.7B	—
FY22	—	$0.33	—	—	$5.2B	—
FY21	—	$0.21	—	—	$3.4B	—
FY20	—	$0.41	—	—	$3.4B	—
FY19	—	$0.34	—	—	$3.9B	—
FY18	—	$0.76	—	—	$4.1B	—
FY17	—	$0.5	—	—	$4.5B	—
FY16	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$4.6B	$4.5B	$4.1B	$3.9B	$3.4B	$3.4B	$5.2B	$3.7B	$3.6B	$3.6B
YoY change	+1.88%	-0.86%	-8.51%	-6.3%	-12.2%	+0.91%	+51.8%	-29.4%	-3.32%	+0.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	4.6B	4.5B	4.1B	3.9B	3.4B	3.4B	5.2B	3.7B	3.6B	3.6B
Cost of revenue	2.1B	2.1B	1.9B	1.9B	1.8B	1.7B	2.8B	1.8B	1.7B	1.7B
Gross profit	2.5B	2.4B	2.2B	2B	1.6B	1.7B	2.4B	1.8B	1.8B	1.9B
Gross margin	54%	54.2%	52.9%	52%	48%	49%	46.7%	49.9%	51%	52%
Research & development	23M	14M	14M	13M	—	—	—	—	—	—
Selling, general & administrative	2.2B	2.2B	1.9B	1.7B	1.4B	1.4B	2B	1.4B	1.3B	1.3B
Operating expenses	2.3B	2.2B	3.8B	3.5B	2.8B	1.4B	2B	1.4B	1.3B	1.3B
Operating income	283M	324M	373M	362M	228M	333M	536.5M	513M	544M	596M
Operating margin	6.22%	7.18%	9.03%	9.36%	6.71%	9.71%	10.3%	14%	15.3%	16.7%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	-2.6B	421M	498M	232M	380M	177M	437.6M	493M	510M	457M
Income tax	-222M	13M	-92M	-34M	50M	-1M	107M	113M	75M	121M
Net income	-2.3B	408M	590M	266M	330M	178M	330.6M	380M	435M	336M
Net margin	-51.3%	9.04%	14.3%	6.88%	9.71%	5.19%	6.35%	10.3%	12.2%	9.39%
EBITDA	3.3B	776M	662M	839M	848M	1.1B	1.5B	1.1B	1.1B	1.2B
EPS	-2.87	0.5	0.76	0.34	0.41	0.21	0.33	0.53	0.65	0.51
Diluted EPS	-2.87	0.5	0.76	0.34	0.41	0.21	0.33	0.53	0.64	0.51

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 06	Q2 06	Q3 06	Q4 06	Q1 07	Q2 07	Q3 07	Q4 07	Q1 08	Q2 08	Q3 08	Q4 08
Revenue	937.8M	837.2M	1.1B	1.1B	860.7M	860.9M	1.2B	1.3B	982.2M	982.8M	1.4B	1.4B
Cost of revenue	—	405.9M	—	—	—	412.8M	—	—	—	—	—	—
Gross profit	—	431.3M	—	—	—	448.1M	—	—	—	—	—	—
Gross margin	—	51.5%	—	—	—	52.1%	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	409.7M	—	—	—	415.8M	—	—	—	—	—	—
Operating expenses	—	404.8M	—	—	—	410.3M	—	—	—	—	—	—
Operating income	937.8M	26.5M	1.1B	-2.5B	860.7M	37.8M	1.2B	-2.3B	982.2M	-901.2M	1.4B	-2.7B
Operating margin	100%	3.17%	100%	-218.5%	100%	4.4%	100%	-175.9%	100%	-91.7%	100%	-192%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	—	7M	—	—	—	19.9M	—	—	—	—	—	—
Income tax	—	2.2M	—	—	—	5.5M	—	—	—	—	—	—
Net income	8.6M	8.1M	226M	225.5M	14.7M	-46.3M	178.4M	212.8M	-30.7M	-18.3M	176.5M	206.1M
Net margin	0.92%	0.97%	20%	20%	1.71%	-5.38%	15.2%	16.4%	-3.13%	-1.86%	12.4%	14.6%
EBITDA	937.8M	21.6M	1.1B	-2.5B	860.7M	32.4M	1.2B	-2.3B	982.2M	-882.2M	1.4B	-2.7B
EPS	0	0.02	0.28	—	0.02	-0.04	0.23	—	-0.01	—	0.22	—
Diluted EPS	0	0.02	0.28	—	0.02	-0.04	0.23	—	-0.01	—	0.22	—

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	6.6B	6.4B	7.5B	5.3B	5.6B	5.1B	—	—	10.8B	9.1B	9.1B
Enterprise value	7.6B	7B	7.6B	6.5B	6.1B	5.6B	—	—	11.8B	10.3B	10.3B
Shares outstanding	657.1M	655.9M	627.5M	626.6M	609.2M	608.1M	999.9M	711.5M	673M	651.3M	651.3M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	15.8	12.7	19.9	16.9	28.7	—	—	24.9	27.2	27.2
P/S	1.44	1.43	1.81	1.37	1.65	1.49	—	—	3.05	2.56	2.56
P/B	1.51	1.6	1.66	1.22	1.35	1.19	—	—	2.68	2.5	2.5
EV/EBITDA	2.29	9.02	11.5	7.76	7.25	5.06	—	—	10.5	8.56	8.56
EV/Sales	1.66	1.55	1.85	1.68	1.81	1.63	—	—	3.32	2.88	2.88
Earnings yield	—	6.33%	7.87%	5.04%	5.9%	3.48%	—	—	4.01%	3.67%	3.67%
FCF yield	2.51%	1.02%	3.5%	3.33%	4.56%	2.94%	—	—	4.64%	5.71%	5.71%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	54%	54.2%	52.9%	52%	48%	49%	46.7%	49.9%	51%	52%	52%
Operating margin	6.22%	7.18%	9.03%	9.36%	6.71%	9.71%	10.3%	14%	15.3%	16.7%	16.7%
Net margin	-51.3%	9.04%	14.3%	6.88%	9.71%	5.19%	6.35%	10.3%	12.2%	9.39%	9.39%
ROE	-53.7%	10.1%	13%	6.15%	7.98%	4.16%	5.53%	9.53%	10.7%	9.17%	9.17%
ROA	-23.2%	5.17%	7.46%	3.48%	4.43%	2.42%	3.33%	5.65%	6.31%	5.2%	5.2%
ROIC	5.29%	6.86%	7.98%	6.52%	4.22%	7.02%	5.88%	8.17%	9.31%	9.11%	9.11%
Return on tangible assets	-73.4%	20.8%	31.3%	14.4%	16.8%	9.86%	25.2%	69.7%	51.8%	76.4%	76.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.12	1.49	1.58	2.13	2.03	2.04	1.91	1.73	1.85	2	2
Quick ratio	2	1.42	1.51	2.01	1.95	1.98	1.83	1.67	1.8	1.94	1.94
Debt / equity	0.57	0.27	0.16	0.38	0.4	0.33	0.28	0.29	0.36	0.4	0.4
Debt / assets	0.25	0.14	0.09	0.22	0.22	0.19	0.17	0.17	0.21	0.23	0.23
Net debt / EBITDA	0.3	0.72	0.23	1.46	0.65	0.42	0.62	0.76	0.83	0.95	0.95
Interest coverage	-33.6	5.25	12.9	4.46	5.81	3.6	5.68	9.08	7.46	7.09	7.09
Effective tax rate	0%	3.09%	0%	0%	13.2%	0%	24.5%	22.9%	14.7%	26.5%	26.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	6.93	6.88	6.58	6.17	5.58	5.64	5.2	5.16	5.28	5.49	5.49
EPS (basic)	-2.87	0.5	0.76	0.34	0.41	0.21	0.33	0.53	0.65	0.51	0.51
EPS (diluted)	-2.87	0.5	0.76	0.34	0.41	0.21	0.33	0.53	0.64	0.51	0.51
Book value per share	6.62	6.13	7.21	6.9	6.79	7.04	5.98	5.61	6.02	5.62	5.62
FCF per share	0.25	0.1	0.42	0.28	0.42	0.25	0.29	0.56	0.75	0.8	0.8
Cash per share	2.24	0.8	0.91	0.7	1.8	1.54	0.76	0.44	0.81	0.51	0.51
Capex per share	0.13	0.13	0.09	0.09	0.09	0.11	0.06	—	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.85%	1.82%	1.4%	1.4%	1.56%	1.87%	1.12%	—	—	—	—
Capex / operating cash flow	-4%	13.8%	9.35%	17%	20.2%	38.6%	12.1%	—	—	—	—
Payout ratio	-18.2%	77.9%	23.1%	55.3%	44.2%	83.7%	63.9%	40.5%	35.9%	47.6%	47.6%
Dividend yield	6.46%	4.94%	1.82%	2.78%	2.61%	2.92%	—	—	1.44%	1.75%	1.75%

Yield

—

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.11

ex-dividend Aug 14, 2026

Payout ratio

48%

of earnings

Dividend growth

3 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 14, 2026	$0.11
Mar 20, 2026	$0.235
Aug 15, 2025	$0.089

Period	Q1 06	Q2 06	Q3 06	Q4 06	Q1 07	Q2 07	Q3 07	Q4 07	Q1 08	Q2 08	Q3 08	Q4 08
Revenue	$937.8M	$837.2M	$1.1B	$1.1B	$860.7M	$860.9M	$1.2B	$1.3B	$982.2M	$982.8M	$1.4B	$1.4B
YoY change	+16.3%	+3.93%	-4.22%	-11.9%	-8.22%	+2.83%	+4%	+15.3%	+14.1%	+14.2%	+20.7%	+8.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.5B	526M	568M	437M	1.1B	937M	755.9M	312M	543M	333M
Receivables	961M	739M	874M	903M	795M	853M	1.1B	694M	605M	651M
Inventory	235M	148M	164M	169M	129M	98M	142.2M	91M	74M	66M
Total current assets	4.1B	3.3B	3.4B	3.2B	3.3B	3.2B	3.8B	2.4B	2.7B	2.3B
Property, plant & equipment	903M	808M	695M	918M	76M	-99M	-140.9M	-120M	17M	-124M
Goodwill & intangibles	6.9B	5.9B	6B	5.8B	5.5B	5.5B	8.6B	6.2B	6.1B	6B
Total assets	10.1B	7.9B	7.9B	7.7B	7.5B	7.3B	9.9B	6.7B	6.9B	6.5B
Accounts payable	333M	265M	311M	358M	340M	351M	471.4M	317M	273M	281M
Short-term debt	44M	19M	46M	92M	254M	155M	116.5M	67M	315M	62M
Total current liabilities	1.9B	2.2B	2.1B	1.5B	1.6B	1.6B	2B	1.4B	1.5B	1.2B
Long-term debt	2.4B	1.1B	674M	1.6B	1.4B	1.2B	1.5B	1.1B	1.2B	1.4B
Total liabilities	5.7B	3.9B	3.4B	3.3B	3.3B	3.1B	3.9B	2.7B	2.8B	2.8B
Shareholders' equity	4.3B	4B	4.5B	4.3B	4.1B	4.3B	6B	4B	4.1B	3.7B
Total debt	2.5B	1.1B	720M	1.7B	1.7B	1.4B	1.7B	1.2B	1.5B	1.5B
Net debt	1B	567M	152M	1.2B	554M	463M	910.4M	849M	929M	1.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 03	Q4 03	Q2 04	Q4 04	Q2 05	Q4 05	Q2 06	Q4 06	Q2 07	Q4 07	Q2 08	Q4 08
Cash & short-term investments	231M	562.2M	645M	613.6M	810M	906M	649M	666.6M	411M	628.8M	467M	742M
Receivables	—	821M	—	784.6M	402M	824.7M	—	767.7M	984M	750.8M	1B	1.3B
Inventory	792M	682.1M	755M	675.7M	401M	373.1M	462M	353.7M	437M	368.6M	486M	501M
Total current assets	2.4B	2.5B	2.4B	2.6B	2.7B	2.7B	2.6B	2.4B	2.3B	2.5B	2.5B	3.3B
Property, plant & equipment	498M	467.6M	344M	183M	359M	384.1M	363M	348.1M	342M	355.5M	349M	423M
Goodwill & intangibles	7.1B	6.5B	6.8B	5.8B	7B	7.7B	7.7B	7.2B	7.3B	7.6B	8.2B	15.2B
Total assets	6.6B	6.4B	6.7B	6B	7.2B	7.6B	7.4B	7.2B	6.9B	7.3B	7.6B	9.9B
Accounts payable	—	406.6M	732M	348.8M	779M	347.5M	866M	343M	891M	342.4M	968M	1.4B
Short-term debt	206M	574M	688M	106.9M	368M	255.7M	590M	594.6M	392M	559.7M	251M	344M
Total current liabilities	1.3B	1.7B	1.5B	1.3B	1.3B	1.4B	1.6B	1.7B	1.4B	1.7B	1.3B	2B
Long-term debt	1.9B	1.3B	1.8B	1.7B	1.8B	1.7B	1.7B	1.1B	1.5B	1B	1.9B	2B
Total liabilities	3.4B	3.2B	3.6B	3.2B	3.9B	3.9B	3.9B	3.6B	3.4B	3.4B	3.9B	4.9B
Shareholders' equity	3.3B	3.1B	3B	2.8B	3.3B	3.7B	3.5B	3.6B	3.5B	3.9B	3.7B	5B
Total debt	2.1B	1.9B	2.5B	1.8B	2.2B	2B	2.3B	1.7B	1.9B	1.6B	2.1B	2.4B
Net debt	1.9B	1.4B	1.8B	1.2B	1.4B	1.1B	1.6B	1.2B	1.5B	1B	1.7B	1.7B

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-2.3B	408M	590M	266M	380M	177M	437.6M	493M	510M	457M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	22M	33M	37M	25M	29M	28M	47.4M	40M	44M	39M
Change in working capital	173M	157M	-25M	39M	34M	-49M	-1.4M	-31M	79M	-120M
Operating cash flow	-2.1B	593M	620M	318M	263M	166M	479.6M	525M	627M	656M
Capital expenditure	-84M	-82M	58M	-54M	-53M	-64M	-58.3M	—	—	—
Investing cash flow	-45M	336M	158M	-219M	607M	19M	108.4M	-200M	-35M	-146M
Dividends paid	-424M	-318M	-136M	-147M	-146M	-149M	-211.3M	-154M	-156M	-160M
Share repurchases	-27M	-149M	-153M	-52M	-182M	-16M	-528.3M	-186M	-318M	-352M
Financing cash flow	-691M	-1.8B	-724M	-10M	-206M	-326M	-961.9M	-366M	-163M	-532M
Net change in cash	-2.8B	-825M	54M	89M	664M	-141M	-373.9M	-41M	429M	-22M
Free cash flow	165M	66M	262M	176M	255M	150M	289.9M	399M	503M	522M

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Pearson plc Sponsored ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement