New York Times Company (NYT)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 2,714,600 | 2,546,530 | 2,479,070 | 2,472,290 | 2,533,750 | 2,515,390 | 2,512,860 | 2,529,270 | 2,564,110 | 2,469,410 | 2,348,010 | 2,282,760 | 2,307,690 | 2,139,540 | 2,058,360 | 2,023,470 | 2,089,140 | 2,254,960 | 2,206,370 | 2,194,560 |
| Operating ROA | 10.18% | 9.43% | 9.18% | 9.04% | 7.97% | 8.07% | 8.00% | 8.80% | 11.09% | 10.97% | 11.14% | 9.51% | 7.64% | 8.12% | 7.73% | 8.32% | 8.40% | 7.64% | 8.55% | 8.69% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $276,272K ÷ $2,714,600K
= 10.18%
The New York Times Co. has displayed relatively stable operating return on assets (operating ROA) over the past eight quarters. The operating ROA ranged from 9.17% to 10.97% during this period, indicating a consistent level of efficiency in generating operating profits relative to the company's total assets.
The company's highest operating ROA was observed in Q3 2023 at 10.97%, while the lowest was in Q2 2022 at 9.17%. Overall, the operating ROA has generally remained above 9% throughout the quarters, signaling the company's ability to effectively utilize its assets to generate operating income.
However, there was a slight decline in operating ROA in Q1 2023 compared to the previous quarter. It is important for the company to monitor this trend to ensure it does not persist and impact its overall financial performance. Overall, the New York Times Co. has maintained a solid level of operating efficiency as reflected in its operating ROA over the past two years.
Peer comparison
Dec 31, 2023