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
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

Company name
Symbol
Net profit margin
New York Times Company
NYT
11.36%
News Corp A
NWSA
2.64%
News Corp B
NWS
2.64%