The New York Times Company and, unless the context otherwise requires, its consolidated subsidiaries are referred to collectively in this Annual Report on Form 10-K as the “Company,” “we,” “our” and “us.” We are a global media organization focused on creating and distributing high-quality news and information that help our audience understand and engage with the world, and this mission has contributed to our success. We believe that The Times’s original, independent and high-quality reporting, storytelling, expertise and journalistic excellence set us apart from other sources and are at the heart of what makes our journalism worth paying for. The quality of our coverage has been widely recognized with many industry and peer accolades, including more Pulitzer Prizes and citations than any other news organization.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.8B | 2.8B | 2.6B | 2.4B | 2.3B | 2.1B |
| Net Income | 344M | 344M | 294M | 232M | 174M | 220M |
| EPS | $2.09 | $2.09 | $1.77 | $1.40 | $1.04 | $1.31 |
| Free Cash Flow | 551M | 551M | 381M | 338M | 114M | 234M |
| ROIC | 17.9% | 23.4% | 19.8% | 16.3% | 13.5% | 25.2% |
| Gross Margin | 50.8% | 50.8% | 49.4% | 48.5% | 47.6% | 49.9% |
| Debt/Equity | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.00 |
| Dividends/Share | $0.67 | $0.72 | $0.52 | $0.44 | $0.36 | $0.28 |
| Operating Income | 432M | 432M | 351M | 276M | 202M | 268M |
| Operating Margin | 15.3% | 15.3% | 13.6% | 11.4% | 8.7% | 12.9% |
| ROE | 16.9% | 17.3% | 15.9% | 13.8% | 11.1% | 15.4% |
| Shares Outstanding | 165M | 165M | 166M | 166M | 167M | 168M |
NEW YORK TIMES CO passes 6 of 9 quality checks, suggesting mixed fundamentals.
NEW YORK TIMES CO trades at 38.6x trailing earnings, compared to its 15-year median P/E of 33.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 23.5x vs a median of 31.0x. The company's 5-year average ROIC is 19.6% with a gross margin of 49.2%. Total shareholder yield (dividends + buybacks) is 2.1%. At current prices, the estimated annualized return to fair value is +25.1%.
NEW YORK TIMES CO (NYT) has a current P/E ratio of 38.6, compared to its historical median P/E of 33.8. The stock is currently considered Fair based on its historical valuation range.
NEW YORK TIMES CO (NYT) has a 5-year average return on invested capital (ROIC) of 19.6%. This indicates strong capital allocation and a potential competitive advantage.
NEW YORK TIMES CO (NYT) has a market capitalization of $13.3B. It is classified as a large-cap stock.
Yes, NEW YORK TIMES CO (NYT) pays a dividend with a trailing twelve-month yield of 0.83%. The company also returns capital through share buybacks, with a buyback yield of 1.24%.
Based on historical P/E analysis, NEW YORK TIMES CO (NYT) appears fair. The current P/E of 38.6 is 14% above its historical median of 33.8. The estimated fair value CAGR (P/E method) is 18.9%.
NEW YORK TIMES CO (NYT) operates in the Newspapers: Publishing Or Publishing & Printing industry, within the Communication Services sector.
NEW YORK TIMES CO (NYT) reported annual revenue of $2.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
NEW YORK TIMES CO (NYT) has a net profit margin of 12.2%. This is a healthy margin.
NEW YORK TIMES CO (NYT) generated $551 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
NEW YORK TIMES CO (NYT) has a debt-to-equity ratio of 0.02. This indicates a conservatively financed balance sheet.
NEW YORK TIMES CO (NYT) reported earnings per share (EPS) of $2.09 in its most recent fiscal year.
NEW YORK TIMES CO (NYT) has a return on equity (ROE) of 17.3%. This indicates the company generates strong returns for shareholders.
NEW YORK TIMES CO (NYT) has a 5-year average gross margin of 49.2%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for NEW YORK TIMES CO (NYT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
NEW YORK TIMES CO (NYT) has a book value per share of $12.40, based on its most recent annual SEC filing.
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