New York Times Company (NYT)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,585,920 | 2,426,150 | 2,308,320 | 2,074,880 | 1,783,640 |
| Property, plant and equipment | US$ in thousands | — | — | 613,910 | 426,912 | 594,516 |
| Fixed asset turnover | — | — | 3.76 | 4.86 | 3.00 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,585,920K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company utilizes its fixed assets to generate revenue. In the case of New York Times Company, the fixed asset turnover ratio has shown a fluctuating trend over the years.
In 2020, the company had a fixed asset turnover ratio of 3.00, indicating that for every dollar invested in fixed assets, the company generated $3.00 in revenue. This ratio improved significantly to 4.86 in 2021, suggesting a better utilization of fixed assets to generate revenue.
However, in 2022, the fixed asset turnover ratio decreased to 3.76, indicating a slight decline in the efficiency of utilizing fixed assets to generate revenue. The data for 2023 and 2024 is not available, as denoted by "—", making it difficult to analyze the trend further.
Overall, New York Times Company's fixed asset turnover ratio has shown mixed results, with a notable improvement in 2021 but a slight decline in 2022. Further insights and trend analysis would require additional data for the missing years.
Peer comparison
Dec 31, 2024