New York Times Company (NYT)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
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Net income (ttm) | US$ in thousands | 293,825 | 279,977 | 269,449 | 250,483 | 232,387 | 193,296 | 176,298 | 191,501 | 173,905 | 173,008 | 191,047 | 183,587 | 219,971 | 160,091 | 139,013 | 108,358 | 100,103 | 158,306 | 141,155 | 142,664 |
Revenue (ttm) | US$ in thousands | 2,585,919 | 2,535,505 | 2,493,672 | 2,459,428 | 2,426,152 | 2,417,473 | 2,366,808 | 2,331,635 | 2,308,321 | 2,235,017 | 2,196,440 | 2,139,257 | 2,074,877 | 1,990,003 | 1,907,795 | 1,813,048 | 1,783,639 | 1,782,644 | 1,784,250 | 1,816,758 |
Net profit margin | 11.36% | 11.04% | 10.81% | 10.18% | 9.58% | 8.00% | 7.45% | 8.21% | 7.53% | 7.74% | 8.70% | 8.58% | 10.60% | 8.04% | 7.29% | 5.98% | 5.61% | 8.88% | 7.91% | 7.85% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $293,825K ÷ $2,585,919K
= 11.36%
The net profit margin of New York Times Company has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 7.85% in March 2020, showing a slight increase to 7.91% in June 2020. Subsequently, there was a significant jump to 8.88% in September 2020. However, the margin dipped to 5.61% by the end of December 2020.
The trend continued in the first half of 2021, with a slight recovery to 5.98% in March 2021 and further improvement to 7.29% in June 2021. There was a notable increase to 8.04% in September 2021 and a significant surge to 10.60% by December 2021.
In the following quarters, the net profit margin maintained levels above 7%, with values of 8.58% in March 2022, 8.70% in June 2022, and 7.74% in September 2022. By the end of December 2022, the net profit margin stood at 7.53%.
The trend reversed in the first half of 2023, as the net profit margin increased to 8.21% in March 2023 but decreased to 7.45% by June 2023. However, there was a recovery to 8.00% in September 2023 and a notable rise to 9.58% in December 2023.
The positive momentum continued in 2024, with the net profit margin reaching 10.18% in March 2024, 10.81% in June 2024, and 11.04% in September 2024. The margin further improved to 11.36% by December 2024, indicating strong profitability for New York Times Company.
Overall, the net profit margin trend of New York Times Company reflects fluctuations, but the company has shown a positive trajectory towards improved profitability in recent periods.
Peer comparison
Dec 31, 2024