New York Times Company (NYT)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 293,825 | 232,387 | 173,905 | 219,971 | 100,103 |
| Total stockholders’ equity | US$ in thousands | 1,927,210 | 1,763,220 | 1,597,970 | 1,538,720 | 1,325,520 |
| ROE | 15.25% | 13.18% | 10.88% | 14.30% | 7.55% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $293,825K ÷ $1,927,210K
= 15.25%
The return on equity (ROE) of New York Times Company has demonstrated improvement over the last five years. Starting at 7.55% on December 31, 2020, the ROE increased to 14.30% by December 31, 2021, signaling a significant rise in profitability. Subsequently, it slightly decreased to 10.88% by December 31, 2022, before rebounding to 13.18% by December 31, 2023. The most recent data point, as of December 31, 2024, indicates a ROE of 15.25%, suggesting continued positive momentum in generating returns from shareholders' equity. Overall, the trend in ROE reflects an upward trajectory, indicating that New York Times Company has been utilizing its equity more efficiently to generate profits for its shareholders.
Peer comparison
Dec 31, 2024