Pearson (PSON)

Sector:

Media

Index:

FTSE 100

969.80p
   
  • Change Today:
      2.40p
  • 52 Week High: 1,042.00p
  • 52 Week Low: 797.20p
  • Currency: UK Pounds
  • Shares Issued: 676.50m
  • Volume: 350,125
  • Market Cap: £6,561m
  • RiskGrade: 238
  • Beta: 0.01

Income Statement - Normalised

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 3,674.00 3,841.00 3,428.00 3,397.00 3,869.00
           
EBITDA 803.00 714.00 1,216.00 318.00 266.00
Depreciation & Amortisation (259.00) (315.00) (832.00) n/a n/a
           
Operating Profit/(Loss) 544.00 399.00 384.00 318.00 266.00
Interest Payable 76.00 123.00 (68.00) (107.00) (84.00)
Interest Receivable/Investment Income (81.00) (71.00) 62.00 50.00 50.00
           
Group Profit after Interest 539.00 475.00 113.00 430.00 232.00
Share of Assoc Cos/JV Profits 1.00 1.00 1.00 n/a n/a
           
Profit Before Tax 540.00 476.00 114.00 430.00 232.00
Tax (124.00) (71.00) (64.00) (44.00) 34.00
           
Profit After Tax 416.00 405.00 50.00 386.00 266.00
           
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
           
PROFIT FOR PERIOD 416.00 381.00 378.00 395.00 266.00
           
Attributable to:          
Equity Holders of Parent Company 414.00 379.00 377.00 395.00 264.00
Minority Interests (2.00) (2.00) (1.00) n/a (2.00)
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year c414.00 c379.00 c377.00 c395.00 c264.00


Per Share Record - Normalised 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing EPS          
Earnings per Share - Basic 58.19p 54.60p 6.50p 51.10p 33.98p
Earnings per Share - Diluted 57.72p 54.31p 6.46p 51.10p 33.95p
Earnings per Share - Adjusted 58.20p 51.80p 34.90p 41.00p 34.00p
Continuing and Discontinued EPS          
Earnings per Share - Basic 58.19p 51.35p 0.51p 52.29p 33.98p
Earnings per Share - Diluted 57.72p 51.08p 0.50p 52.29p 33.95p
Earnings per Share - Adjusted 58.20p 51.80p 34.90p 41.00p 34.00p
           
Dividend per Share 22.70p 21.50p 20.50p 19.50p 19.50p


Key Financals 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Shares in Issue (millions)          
Shares in Issue - Year End 697.30 715.73 755.23 753.26 782.10
Weighted Average 711.50 738.10 754.10 755.40 777.00
Diluted 717.30 742.00 759.10 755.40 777.50
           
Performance Ratios          
Continuing Operations          
Operating Margin 14.81% 10.39% 11.20% 9.36% 6.88%
Return on Capital Employed 25.72% 16.83% 0.04% 15.64% 8.45%
Continuing Operations & Discontinued Operations          
Return on Equity 10.26% 8.51% 0.09% 9.42% 6.04%
           
Financial Status          
Continuing Operations          
Interest Cover - Continuing (6.11) (2.87) 2.68 5.02 3.76
Revenue per Share 516.37p 520.39p 4.59p 449.70p 497.94p
Pre-Tax Profit Per Share - Continuing 75.90p 64.49p 0.15p 56.92p 29.86p
           
Market Data          
Continuing Operations          
Earnings Per Share Growth - Basic 7% 740% -87% 50% -55%
Earnings Per Share Growth - Diluted 6% 741% -87% 50% -55%
PE Ratio - Company Adjusted 16.6 17.2 94.4 13.3 18.7
PEG - Company Adjusted 2.4 0.0 n/a 0.3 n/a
Dividend Cover 2.56 2.54 0.32 2.62 1.74
Continuing Operations & Discontinued Operations          
Earnings per Share - Company Adjusted 13% 10,075% -99% 54% 35%
Earnings per Share - Diluted 13% 10,089% -99% 54% 35%
PE Ratio - Company Adjusted 16.6 18.3 1,215.1 13.0 18.7
PEG - Company Adjusted 1.3 0.0 n/a 0.2 0.5
Dividend Cover 2.56 2.39 0.02 2.68 1.74
           
Market Capitalisation £ (Millions) 6,723.36 6,722.16 4,631.08 5,125.17 4,981.97
Dividend per Share 22.70p 21.50p 20.50p 19.50p 19.50p
Dividend Yield 2.4% 2.3% 3.3% 2.9% 3.1%
Dividend per Share Growth 5.58% 4.88% 5.13% n/a 5.41%

Key

* GAAP

a. Includes discontinued activities

b. Includes preference dividends

c. Not disclosed under IFRS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page