New York Times Company (NYT)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 383,423 | 302,588 | 235,999 | 290,501 | 115,432 |
| Revenue | US$ in thousands | 2,585,920 | 2,426,150 | 2,308,320 | 2,074,880 | 1,783,640 |
| Pretax margin | 14.83% | 12.47% | 10.22% | 14.00% | 6.47% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $383,423K ÷ $2,585,920K
= 14.83%
The New York Times Company has shown a fluctuating trend in its pretax margin over the past five years. In December 2020, the pretax margin stood at 6.47%, indicating that for every dollar of revenue generated, the company retained 6.47 cents before accounting for income taxes.
By December 2021, there was a notable increase in the pretax margin to 14.00%, signifying improved operational efficiency and profitability. However, the margin dipped slightly in December 2022 to 10.22% before rebounding to 12.47% in December 2023.
The most recent data point in December 2024 shows a further increase in the pretax margin to 14.83%, suggesting a positive growth trajectory for the company's profitability. Overall, the New York Times Company has demonstrated a mix of performance levels in its pretax margin, with a general upward trend in recent years, which may indicate effective cost management and revenue generation strategies.
Peer comparison
Dec 31, 2024