Pearson plc (PSO)

Pearson Income Statement

Financials in millions GBP. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,674	3,674	3,841	3,428	3,397	3,869
Revenue Growth (YoY)	7.18%	-4.35%	12.05%	0.91%	-12.20%	-6.30%
Cost of Revenue	1,839	1,839	2,046	1,747	1,767	1,858
Gross Profit	1,835	1,835	1,795	1,681	1,630	2,011
Selling, General & Admin	1,322	1,322	1,549	1,562	1,402	1,806
Operating Expenses	1,322	1,322	1,549	1,562	1,402	1,806
Operating Income	513	513	246	119	228	205
Interest Expense / Income	81	81	71	68	107	84
Other Expense / Income	-59	-59	-146	-125	-259	-109
Pretax Income	491	491	321	176	380	230
Income Tax	113	113	79	-1	50	-34
Net Income	378	378	242	177	330	264
Net Income Growth	113.56%	56.20%	36.72%	-46.36%	25.00%	-55.10%
Shares Outstanding (Basic)	714	714	750	753	782	781
Shares Change	-5.21%	-4.84%	-0.39%	-3.69%	0.13%	-2.62%
EPS (Basic)	0.53	0.53	0.33	0.23	0.44	0.34
EPS (Diluted)	0.53	0.53	0.33	0.23	0.44	0.34
EPS Growth	126.18%	61.66%	39.91%	-46.68%	28.53%	-54.97%
Free Cash Flow	657	657	484	506	397	426
Free Cash Flow Per Share	0.92	0.92	0.65	0.67	0.51	0.55
Dividend Per Share	0.272	0.272	0.270	0.276	0.252	0.244
Dividend Growth	-1.45%	0.74%	-2.17%	9.52%	3.28%	2.09%
Gross Margin	49.95%	49.95%	46.73%	49.04%	47.98%	51.98%
Operating Margin	13.96%	13.96%	6.40%	3.47%	6.71%	5.30%
Profit Margin	10.29%	10.29%	6.30%	5.16%	9.71%	6.82%
Free Cash Flow Margin	17.88%	17.88%	12.60%	14.76%	11.69%	11.01%
Effective Tax Rate	23.01%	23.01%	24.61%	-0.57%	13.16%	-14.78%
EBITDA	1,115	1,115	1,010	931	1,084	314
EBITDA Margin	30.35%	30.35%	26.30%	27.16%	31.91%	8.12%
Depreciation & Amortization	543	543	618	687	597	0
EBIT	572	572	392	244	487	314
EBIT Margin	15.57%	15.57%	10.21%	7.12%	14.34%	8.12%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).