New York Times Company (NYT)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	232,387	173,905	219,971	100,103	139,966
Revenue	US$ in thousands	2,447,250	2,383,240	2,123,020	1,783,640	1,812,180
Net profit margin		9.50%	7.30%	10.36%	5.61%	7.72%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $232,387K ÷ $2,447,250K
= 9.50%

The net profit margin of New York Times Co. has fluctuated over the past five years, ranging from 5.61% in Dec 27, 2020, to 10.60% in Dec 26, 2021. The company experienced a significant increase in net profit margin from 2020 to 2021, indicating improved profitability. However, in 2022, the net profit margin slightly decreased to 7.53% before increasing again to 9.59% in 2023. Overall, the trend suggests that the company has been able to maintain a relatively healthy level of profitability, with some fluctuations in recent years.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

New York Times Company

NYT

9.50%