New York Times Company (NYT)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 276,272 | 201,967 | 268,034 | 176,256 | 175,582 |
| Revenue | US$ in thousands | 2,447,250 | 2,383,240 | 2,123,020 | 1,783,640 | 1,812,180 |
| Operating profit margin | 11.29% | 8.47% | 12.63% | 9.88% | 9.69% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $276,272K ÷ $2,447,250K
= 11.29%
The operating profit margin of New York Times Co. has fluctuated over the past five years, ranging from 9.80% in 2019 to 13.10% in 2021. In 2023, the operating profit margin was 11.99%, showing a slight improvement compared to the previous year. This indicates that the company has been able to effectively manage its operating expenses to generate profits from its core business activities. However, there may be room for further optimization to enhance profitability in the future. Overall, the company has maintained a relatively stable operating profit margin over the years, reflecting a consistent approach to managing costs and driving operational efficiency.
Peer comparison
Dec 31, 2023