New York Times Company (NYT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 232,387 | 193,296 | 176,298 | 191,501 | 173,905 | 173,008 | 191,047 | 183,587 | 219,971 | 160,091 | 139,013 | 108,358 | 100,103 | 158,306 | 141,155 | 142,664 | 139,966 | 126,953 | 135,502 | 133,928 |
| Total stockholders’ equity | US$ in thousands | 1,763,220 | 1,653,240 | 1,605,220 | 1,574,780 | 1,597,970 | 1,540,350 | 1,538,130 | 1,493,070 | 1,538,720 | 1,467,530 | 1,416,780 | 1,352,870 | 1,325,520 | 1,255,390 | 1,229,170 | 1,191,710 | 1,172,000 | 1,095,910 | 1,083,340 | 1,057,950 |
| ROE | 13.18% | 11.69% | 10.98% | 12.16% | 10.88% | 11.23% | 12.42% | 12.30% | 14.30% | 10.91% | 9.81% | 8.01% | 7.55% | 12.61% | 11.48% | 11.97% | 11.94% | 11.58% | 12.51% | 12.66% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $232,387K ÷ $1,763,220K
= 13.18%
To analyze New York Times Co.'s return on equity (ROE) over the given periods, we observe fluctuations in ROE ranging from 10.98% to 13.20%. The trend indicates some variability in the company's profitability performance.
In Q4 2023, the ROE of 13.20% represents an improvement compared to the previous quarters, suggesting a more efficient utilization of shareholders' equity to generate profits. However, this needs to be assessed in conjunction with other financial metrics for a comprehensive evaluation of the company's overall financial health.
Conversely, in Q2 2023, the ROE decreased to 10.98%, reflecting a potential decline in the company's profitability relative to the earlier periods. This decline could be attributed to various factors such as changes in revenue, expenses, or the level of financial leverage employed by the company.
Overall, the fluctuations in ROE for New York Times Co. indicate varying levels of profitability and efficiency in utilizing shareholders' equity across the analyzed periods. Further analysis, considering additional financial indicators and contextual factors, would provide a more robust understanding of the company's financial performance and prospects.
Peer comparison
Dec 31, 2023