New York Times Company (NYT)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 351,096 | 305,978 | 309,507 | 268,034 | 176,256 |
Total assets | US$ in thousands | 2,841,480 | 2,714,600 | 2,533,750 | 2,564,110 | 2,307,690 |
Operating ROA | 12.36% | 11.27% | 12.22% | 10.45% | 7.64% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $351,096K ÷ $2,841,480K
= 12.36%
The operating return on assets (operating ROA) for New York Times Company has shown a positive trend over the past five years. Starting at 7.64% on December 31, 2020, the operating ROA increased to 10.45% by December 31, 2021, indicating an improvement in the company's ability to generate operating profits from its assets. This positive trend continued with further increases to 12.22% by December 31, 2022, 11.27% by December 31, 2023, and 12.36% by December 31, 2024.
The rising trend in operating ROA suggests that New York Times Company has been effectively utilizing its assets to generate operating income, reflecting operational efficiency and potentially improved profitability. This consistent improvement in operating ROA indicates the company's ability to generate higher returns relative to its asset base, which could be a positive signal for investors and stakeholders.
Peer comparison
Dec 31, 2024