New York Times Company (NYT)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 139,966 | 126,953 | 135,502 | 133,928 |
| Revenue (ttm) | US$ in thousands | 2,447,254 | 2,433,332 | 2,378,510 | 2,374,424 | 2,349,012 | 2,289,467 | 2,293,080 | 2,202,166 | 2,138,222 | 2,037,156 | 1,911,179 | 1,814,559 | 1,783,639 | 1,782,644 | 1,784,250 | 1,816,758 | 1,812,184 | 1,820,004 | 1,804,823 | 1,783,125 |
| Net profit margin | 9.50% | 7.94% | 7.41% | 8.07% | 7.40% | 7.56% | 8.33% | 8.34% | 10.29% | 7.86% | 7.27% | 5.97% | 5.61% | 8.88% | 7.91% | 7.85% | 7.72% | 6.98% | 7.51% | 7.51% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $232,387K ÷ $2,447,254K
= 9.50%
The net profit margin of New York Times Co. has shown variations over the past eight quarters. In Q4 2023, the net profit margin was 9.59%, marking an increase from the previous quarter. However, in Q3 2023, it decreased to 8.00% before further declining to 7.45% in Q2 2023. The net profit margin then slightly improved to 8.21% in Q1 2023.
Comparing the latest figures to the same quarter of the previous year, there was an improvement in Q4 2023 compared to Q4 2022 when the net profit margin was 7.53%. This indicates a positive trend in profitability for New York Times Co.
When looking at the quarterly performance, the net profit margin has fluctuated between 7.45% and 9.59% over the past year. This suggests that the company's profitability is subject to variations, which could be influenced by factors such as operating expenses, revenues, and other economic conditions. Further analysis and monitoring of the net profit margin trend would provide insights into the company's financial performance and profitability sustainability.
Peer comparison
Dec 31, 2023