New York Times Company (NYT)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,276,400 | 1,177,090 | 1,099,390 | 1,035,310 | 823,417 |
| Revenue | US$ in thousands | 2,585,920 | 2,426,150 | 2,308,320 | 2,074,880 | 1,783,640 |
| Gross profit margin | 49.36% | 48.52% | 47.63% | 49.90% | 46.16% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,276,400K ÷ $2,585,920K
= 49.36%
The gross profit margin of New York Times Company has been showing a generally positive trend over the past five years. Starting at 46.16% on December 31, 2020, it increased steadily to reach 49.36% by December 31, 2024. This indicates that the company has been able to efficiently control its production costs and generate a higher percentage of revenue as gross profit over the years. The improvement in the gross profit margin reflects the company's ability to effectively manage its cost of goods sold, leading to potentially higher profitability and overall financial performance.
Peer comparison
Dec 31, 2024