New York Times Company (NYT)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 383,423 | 367,648 | 352,592 | 326,485 | 302,588 | 256,405 | 237,255 | 261,920 | 235,999 | 234,740 | 258,849 | 245,768 | 290,501 | 204,344 | 170,259 | 127,142 | 115,432 | 185,081 | 166,717 | 171,860 |
| Revenue (ttm) | US$ in thousands | 2,585,919 | 2,535,505 | 2,493,672 | 2,459,428 | 2,426,152 | 2,417,473 | 2,366,808 | 2,331,635 | 2,308,321 | 2,235,017 | 2,196,440 | 2,139,257 | 2,074,877 | 1,990,003 | 1,907,795 | 1,813,048 | 1,783,639 | 1,782,644 | 1,784,250 | 1,816,758 |
| Pretax margin | 14.83% | 14.50% | 14.14% | 13.27% | 12.47% | 10.61% | 10.02% | 11.23% | 10.22% | 10.50% | 11.78% | 11.49% | 14.00% | 10.27% | 8.92% | 7.01% | 6.47% | 10.38% | 9.34% | 9.46% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $383,423K ÷ $2,585,919K
= 14.83%
The pretax margin of New York Times Company has shown fluctuating trends over the period from March 31, 2020, to December 31, 2024. The pretax margin was relatively stable in the range of 9%-10% in the initial periods. However, it experienced a decline in December 31, 2020, dropping to 6.47%. Subsequently, there was a gradual increase in pretax margin, reaching a peak of 14.83% by December 31, 2024.
The pretax margin measures the company's efficiency in generating profits before accounting for taxes relative to its net sales. An increasing pretax margin indicates improved profitability as a percentage of revenue, reflecting effective cost control or revenue growth strategies. Conversely, a declining trend in pretax margin may signify challenges in cost management or declining revenue streams. The company's positive trend in pretax margin from 2020 to 2024 suggests improved profitability and operational efficiency during this period.
Peer comparison
Dec 31, 2024