New York Times Company (NYT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 276,272 | 240,249 | 227,697 | 223,583 | 201,967 | 203,075 | 201,036 | 222,660 | 284,483 | 270,902 | 261,522 | 217,043 | 176,256 | 173,687 | 159,177 | 168,304 | 175,582 | 172,284 | 188,641 | 190,710 |
| 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 |
| Operating profit margin | 11.29% | 9.87% | 9.57% | 9.42% | 8.60% | 8.87% | 8.77% | 10.11% | 13.30% | 13.30% | 13.68% | 11.96% | 9.88% | 9.74% | 8.92% | 9.26% | 9.69% | 9.47% | 10.45% | 10.70% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $276,272K ÷ $2,447,254K
= 11.29%
The operating profit margin of New York Times Co. has shown some fluctuations over the past eight quarters. In the most recent quarter, Q4 2023, the operating profit margin was 11.99%, which reflects the company's ability to generate profits from its core business operations. This figure was slightly higher than in the previous quarter, Q3 2023, where the margin was 11.56%.
Looking back further, we observe variations in operating profit margin, with Q2 2023 at 10.96% and Q1 2023 at 10.41%. Comparing to the same period in the previous year, there have been fluctuations as well, with Q4 2022 at 11.08%, Q3 2022 at 10.32%, Q2 2022 at 10.73%, and Q1 2022 significantly higher at 12.21%.
Overall, the operating profit margin of New York Times Co. has generally been within a range of 10-12% over the past eight quarters, indicating a consistent level of profitability from the company's operations. Potential factors impacting these margins could include changes in revenue, operating expenses, or other financial decisions made by the company.
Peer comparison
Dec 31, 2023