New York Times Company (NYT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 293,825 | 232,387 | 173,905 | 219,971 | 100,103 |
| Revenue | US$ in thousands | 2,585,920 | 2,426,150 | 2,308,320 | 2,074,880 | 1,783,640 |
| Net profit margin | 11.36% | 9.58% | 7.53% | 10.60% | 5.61% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $293,825K ÷ $2,585,920K
= 11.36%
The net profit margin of New York Times Company has demonstrated variability over the years. In 2020, the net profit margin stood at 5.61%, indicating that the company retained 5.61% of its revenue as profit after all expenses were accounted for. There was a significant improvement in 2021, with the net profit margin jumping to 10.60%, suggesting enhanced efficiency in cost management or increased revenue generation.
However, by the end of 2022, the net profit margin declined to 7.53%, pointing towards potential challenges or increased costs impacting the profitability of the company. Subsequently, in 2023, there was a recovery as the net profit margin rose to 9.58%, indicating a better financial performance compared to the previous year.
The most recent data from 2024 reveals a further improvement in the net profit margin, reaching 11.36%. This increase signals enhanced profitability and effective management of expenses relative to revenue. Overall, the company has experienced fluctuations in its net profit margin, reflecting changes in its financial performance and efficiency in generating profits.
Peer comparison
Dec 31, 2024